Indiantelevision.com: If you have missed the restructuring of TV18, which has partnered with CNBC in India, then this article would give you a complete picture.
Essentially, there will be two listed companies now which holds all the group companies.
In the first phase of the restructuring, Awaaz, the Hindi consumer business channel, will be merged with Television Eighteen. This company is already holding CNBC-TV18, the English business news channel, and portals Moneycontrol.com and Comoditiescontrol.com. TV18 Network, the second listed holding company, will have a 51 per cent plus stake in Television Eighteen and iBN, the new general English news channel. Prior to this, Awaaz and the proposed general news English channel iBN were held in promoter entities and were legally not part of the listed Television Eighteen, due to government restrictions.
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