Reliance Capital, part of Anil Ambani-led Reliance Group, on Wednesday, announced value unlocking in radio and TV businesses that will help reduce debt by approximately Rs 1,900 crore.
Inaugurating an FM transmitter (Amber channel) of Akashwani Jaipur here, Rathore said broadcast from the AIR Jaipur can now be heard up to 50 km range of the city on 101.2 MHZ.
Four more rounds of bidding took place on Tuesday on the second day of the e-auction for the first batch of 135 channels in 69 cities as part of the private FM Radio Phase III expansion.