RIL to buy majority stakes in Den, Hathway for â¹5,230 crore
Mukesh Ambani-led Reliance Industries has said it will buy majority stakes in Den Networks, and Hathway Cable and Datacom, two of India's largest cable and wired internet services providers. Reliance will take 66% stake in Den for â¹2,290 crore and 51.3% stake in Hathway for â¹2,940 crore. The transaction will accelerate JioGigaFiber rollout in 50 million homes, the company said.