AV Birla Group buys 27.5% in India Today Group

21 May, 2012

The Aditya Birla Group has acquired 27.5 per cent stake in Living Media India Ltd, a privately held holding company of India Today group including public listed TV Today Network, for an undisclosed amount. This marks yet another business house entering the media sector after Mukesh Ambani recently disclosed Reliance Industries’ existing investment in Eenadu and a multi-tiered deal which could see him eventually picking a stake in Network18 Group.


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AV Birla Group buys 27.5% in India Today Group

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