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Market activity in TV18, Crest

The market has seen some interesting purchases in media stocks recently. HDFC Mutual Fund has acquired 88,555 shares amounting to 0.53 per cent of the paid up equity share capital of Television Eighteen India Ltd.

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Crest's Q2 net profit at Rs 5.5 million

MUMBAI: Crest Animation Studios Limited (CASL) has reinforced its turnaround performance for the second quarter ended September 2004, having come back into the black in the first quarter of the current fiscal. During the last quarter, the company has registered a net Profit of Rs 5.5 million as...

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GDR holding in Crest falls to 26 per cent

MUMBAI: Crest Animation Studios has seen a change in its shareholding composition after it raised $5.8 million via global depository receipts (GDRs) early this year. The GDR holding in Crest has fallen from 42 per cent to 26.3 per cent as higher price in Indian markets provided arbitrage...

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Crest CEO AK Madhavan to continue as international business head

Indian animation major Crest Communications has appointed AK Madhavan, formerly its international business head, as its chief executive officer, for its Indian operations.

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