Reliance close to a deal with MTN Group
Reliance Communication is close to signing a deal with the South African telecom company MTN.
The two companies are currently locked in discussions to decide the share swap ratio.
The deal is likely to make ADAG the single-largest shareholder in MTN.
Sources say that the two companies are also discussing [...]

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 [...]