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Reliance Industries to sell 3.1% stake in Network18 for Rs 173.55 cr
Reliance Industries completes Network18 open offers, buys Rs 17 cr worth shares
Raghav Bahl resigns from Network18
Network18 gains 17% in early trade post RIL takeover
Reliance takes full control of Network18
Reliance has said that IMT will use the funds to acquire control of Network18 and TV18, resulting in ownership of around 78 percent in the former and 9 percent in the latter.