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10 Facts About News 18
News 18 was in the middle of preparations to launch a Hindi business news channel but could no longer meet regulatory guidelines.
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News 18 had entered into a distribution joint venture with the Sun Network called Sun18.
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News 18 rejected the offer and on 27 May 2014, announced in midst of a routine meeting with his board of directors that he was going to resign as RIL wanted to takeover and nothing could be done about it.
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News 18 was appointed as the manager of the company for the interim period since Bahl had resigned as well.
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News 18 remained associated with the company to oversee the transition, and became the manager in the interim period.
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