The Karnataka State Cable TV Operators' Association met the state Minister for Information, Public Relations and Infrastructure R Roshan Baig to apprise him of the situation. continue
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He also said that a Task Force had earlier been set up to work on a regulatory body but the channels had opposed this and wanted self-regulation.
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The funds can be drawn down in two tranches, the first of which is for US$35 million and will be drawn down immediately and the second tranche of US$15 million can be drawn down at the option of the investor within 12 months. continue
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China Film Industry Tycoon Yu Dong, Private Equity Firm Tembusu Partners and Media Entrepreneur Calvin Cheng, jointly launched Singapore-based private equity media fund.
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