Reliance mediaworks

‘We are happy to announce closing of this transaction with Carnival Group, which will reduce our overall leverage by approximately Rs700 crore,’ said Sam Ghosh, executive director at Reliance Capital. Photo: Abhijit Bhatlekar/Mint<br />
Consolidation will continue to happen as it eventually gives companies better bargaining power and some cost synergies, say analysts. Photo: Hindustan Times<br />

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