Tag Archives: IndusInd Media & Entertainment Ltd (IMCL)

IMCL acquires Mplex Networks, posts net profit of INR925mn in FY2015

IndusInd Media & Entertainment Ltd (IMCL) owned by Hinduja Ventures Limited (HVL) acquired a Bengaluru based cable network, Mplex Networks Private Ltd, during the fiscal year 2015 for over INR350 million, reported HVL in a financial note. IMCL completed the divestment in Jagsumi Perspectives on 31 December, 2014. This divestment resulted in a loss of [...]