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James Murdoch’s Bodhi Tree slashes planned investment in Reliance JV Viacom18 by 70% to Rs 4,306 crore
Bodhi Tree, a joint venture between James Murdoch and a former Star India executive, has reduced its planned investment in Reliance's broadcast venture Viacom18 by 70%, investing Rs 4,306 crore ($527.84 million). Reliance Industries will lead the investment with a Rs 10,839 crore infusion.