Reliance Industries buys majority stake in Sikhya Entertainment



<h2>Reliance Industries</h2>
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<p>MUMBAI: Reliance Industries (RIL) has acquired a 50.1% stake in Oscar-winning producer Guneet Monga Kapoor’s Sikhya Entertainment for Rs 150 crore.</p>
<p>The acquisition has been routed through Reliance Strategic Business Ventures, a wholly owned subsidiary of RIL.</p>
<p><span class=The investment strengthens the content portfolio of Jio Studios, RIL’s media and entertainment arm, which has produced over 150 films across Hindi and other Indian languages, including the super-hit Dhurandhar.

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