Network18 to sell stake in Newswire18 for 900 million rupees

Last Updated: Mon, Dec 03, 2012 08:36 hrs
An employee sorts Indian currency notes at a cash counter inside a bank in Agartala

Network18 Media & Investments Ltd will sell its shareholding in news provider Newswire18, the company said in a statement to the stock exchange, in a deal worth 900 million rupees.

The stake has been sold to Samara Capital.

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