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    • OnMobile Global net jumps over two-fold to Rs 10 crore in April-June quarter

      The company had reported a consolidated net profit of Rs 4.12 crore in the year-ago quarter ended on June 30, 2022, OnMobile Global said in a statement.

    • RBNL may use funds to cut debt, expand broadcast business

      Reliance Broadcast Network is in talks with PE investors to raise USD 87 million. Chief financial officer (CFO) of the company, Asheesh Chatterjee said that the main reason for this fund raising is to reduce debt and expand its radio and television business.

    • RBNL to raise Rs 400cr, in talks with PE firms

      Reliance Broadcast Network (RBNL) today said it is in discussion with private equity players to raise up to Rs 400 crore to fund its radio and television network expansion.

    • Reliance Broadcast in talks with PEs, strategic investors

      Media firm Reliance Broadcast Network Ltd (RBNL) today said it is in talks with private equity firms and strategic investors to fund its expansion plans in radio and television segments.

    • FDI in radio has merit to go beyond 26%: Reliance Broadcast

      In what will be phase 3 of the country's FM expansion plan, the government expects an income of Rs 1,733 crore from the auction of the new channels. It has also approved raising the foreign direct investment (FDI) in radio to 26% from 20%. Asheesh Chatterjee, the CFO of Reliance Broadcast welcomes this move.

    • Hike in FDI will result in informed investments: Hathway

      The FDI hike will result in informed investment in media companies, believed G Subramanium of Hathway Cables.

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