Balaji Telefilms Climbs in Mumbai on Report Star India May Sell 26% Stake

Balaji Telefilms Ltd. rose as much as 6.9 percent in Mumbai trading after VCCircle’s website reported Star India plans to sell its 26 percent stake in the company.

Reliance Big Entertainment, a unit of Anil Dhirubhai Ambani Group, may acquire the stake, the website said, citing people it didn’t identify.

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