Amazon eyes potential stake in Indian film, media biz; Inox denies report

Topics Amazon | Inox | media industry

BENGALURU (Reuters) - Inc's India arm is in talks with several domestic players in film and media distribution including cinema chain Inox Leisure Ltd for a potential stake, the Indian Express newspaper reported on Tuesday, citing sources. Inox, however, said the report was "factually incorrect" and there were no discussions between the company and Amazon India.

( Shares of the Mumbai-headquartered company jumped as much as 14.3% to 346.20 rupees after the report, but pared some gains.....

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