Tag Archives: FIPB

FIPB clears Star India’s proposal to buy Maa TV Network

Foreign Investment Promotion Board (FIPB) has cleared Star Indias proposal to acquire broadcast arm of Maa TV Network. The deal is estimated to cost Star around INR25 billion. Star had entered into an agreement with the regional broadcaster back in February, 2015 and was waiting for FIPB approval for the slump sale. The agreement includes [...]