BUSINESS

CNBC India, TV 18 equity restructure

MUMBAI MAY 22. CNBC India today became the first channel to comply with the Indian government`s guidelines, limiting foreign stakeholding in news channels uplinked from India to less than 26 per cent. In a communication to the BSE, TV 18 has informed that CNBC Asia Pacific will now hold a strategic equity stake in the Indian registered broadcaster.

The channel will itself be jointly branded on receipt of necessary approvals.

UNI

Recommended for you