Reliance Industries Denies Interest in Buying Network 18 Stake

Reliance Industries Ltd. (RIL) has denied it is interested in buying a stake in Network 18, according to an e-mailed statement today.

Reliance was responding to a query on a Wall Street Journal report that Chairman Mukesh Ambani was in talks to buy a stake in Network 18.

To contact the reporter on this story: Rakteem Katakey in New Delhi at rkatakey@bloomberg.net

To contact the editor responsible for this story: John Chacko at jchacko@bloomberg.net

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