SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Rel Capital picks up 18% in Bloomberg UTV

17 Jun 2010 Evaluate

Reliance Capital (RCL) has picked up 18 per cent in Bloomberg UTV, the business news channel, on Wednesday. Financial details of the deal were not disclosed. Bloomberg UTV is a partnership between news and financial data publisher Bloomberg L.P. and the founders of UTV, a media and entertainment group controlled by Mr Ronnie Screwvala. The joint venture was formed in October 2009. On getting necessary approvals, RCL will be the second-largest shareholder, while Bloomberg will end up owning 15 per cent of the company and the balance 67 per cent will be owned by promoters of UTV.

RCL has investments in other Indian broadcasters such as Network 18 which operates CNBC TV 18, CNN-IBN and TV Today Network which operates Aaj Tak and Headlines Today.

crackcrack

Reliance Capital Share Price

11.79 0.00 (0.00%)
26-Feb-2024 16:59 View Price Chart
Peers

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×