George Soros invests in Reliance Entertainment

Reliance Entertainment is part of the ADAG and deals in production and distribution of movies, gaming services and social networking.

The latest news in is that a fund owned by investor George Soros has acquired a minority stake in the company.

Soros is going to buy new shares in Reliance Entertainment for about $100 million.

This valuation puts the worth of the company at an astounding $3 billion.

Reliance Entertainment said that they would use these new funds to expand the company’s presence throughout the country.

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