Harveen Ahluwalia
Stories by Harveen Ahluwalia
India: TV18 to up stake in Viacom18 to 51%, gain operational control
Viacom18 runs 44 TV channels across 80 countries and has interests in broadcast, films, digital, merchandising and live events.
India: Warburg Pincus to buy 20% stake in Airtel’s DTH unit for $350m
Bharti Telemedia offers services under the Airtel TV brand and currently has 14 million subscribers in the country.
India: McDonald’s ends franchise agreement with CPRL for 169 restaurants
CPRL is the local joint venture between MIPL and Vikram Bakshi (managing director of CPRL).
India: NDTV looks to sell assets
Currently, NDTV operates news channels NDTV India and NDTV 24x7, business news channel NDTV Profit/NDTV Prime among others.
India: PE fund Brands and Beyond seeks to invest $70m in luxury brands
The PE fund is looking to invest in luxury brands across categories such as beauty, ready-to-wear, accessories and jewellery.
India: Zee forays into radio, acquires UAE-based FM station
Zee Entertainment Enterprises Ltd entered the Hispanic market with the launch of its Spanish-language Bollywood movie channel Zee Mundo on 13 Septembe
Sequoia-backed Bira reached out to Budweiser-maker AB InBev for funding
AB InBev’s president for India and South Asia, Pedro Aidar, on making Budweiser a viable business in India, and leveraging the SABMiller merger for
India: Sony acquires Zee’s TEN Sports for $385m
Sony’s acquisition of Zee’s TEN Sports marks an overhaul in Zee Entertainment’s overall portfolio as it seeks to focus on its core strength of g