Reliance Industries' Subsidiary Invests ₹1 Cr in 'NEWJ', A Yet-to-be-Launched Digital Media Startup

India's richest man, Mukesh Ambani-led Reliance Industries Limited?s (RIL) investment arm has picked up a controlling stake in a Mumbai-based digital media startup, New Emerging World of Journalism (NEWJ), with an initial investment of over ? 1 crore. Apparently, NEWJ is yet to be launched and its web address -