Over his career, Bahl has demonstrated a talent for smoothing over complex relationships, both human and financial. He is also gifted at making simple things complicated. His group valued the acquisition of Reliance’s stake in ETV at Rs 1,925crore. Network18’s public filings from 2012 later revealed that the acquisition price was founded on an Ernst & Young report that itself was based on findings from unaudited information, given to it by TV18 and ETV. To seal the matter, Network18’s management declared in the 2012 filings that their ETV acquisition, the biggest purchase in their history, was based on the conclusions of the report—but they could not guarantee if the numbers were correct. - http://www.caravanmagazine.in/reportage/network-effect