Beruflich Dokumente
Kultur Dokumente
V NDTV (New Delhi Television Limited )
founded in 1988 is a private television
company in india
(&%&&&&&
'$%&&&&&
)
'&%&&&&& | *
+ ,-
$%&&&&&
&&&
"$%&&&&&
V The NDTV Group has terminated its pact with the UO-based Ocripps
Networks Interactive Inc (Ocripps) to introduce lifestyle channels in India.
V In a filing to the BOE, NDTV said it has decided to exercise its right to
terminate the definitive agreements and was in the process of terminating
them.
V However, the company did not give any reason for terminating its
agreement. The NDTV scrip fell 3.27 per cent to close at Rs 116.85 on the
BOE.
V The transaction would have resulted in Ocripps acquiring 69 per cent stake in
subsidiary NDTV Lifestyle Ltd that runs television channel NDTV Good
Times.
V The NDTV Group posted a consolidated net profit of Rs 117.65 crore
aided by a one time gain of Rs 337 crore from the stake sale in
subsidiary NDTV Imagine to Turner Asia Pacific Ventures for the
year-ended March 31, 2010 on revenues of Rs 584.21 crore.