This is interesting, if only because of the amount (from Indian standards) and aggresive expansion plans: Television Eighteen India (TV 18), one of the biggest TV production and media companies in India, will invest about $55-60 million in new ventures and acquisitions. The projects will be in television, Internet and “triple convergence” areas.
The company also wants to raise about the same amount in equity over a period of time…It had recently picked up stakes in Jobstreet India and Yatra Online, two consumer internet ventures.
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