January 17, 2008

Share Market News

Over the last one year, Reliance Entertainment (REL), a company promoted by the Anil Dhirubhai Ambani Group (ADAG), has acquired 250 cinema houses in the US. Spokespersons for the company declined to comment. Industry sources though said that this string of acquisitions ties in with the company’s plan to promote films, it either produces or acquires, in the US and UK.

News Collected From Ms Dolly

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