Tag Archives: Jagsumi Perspectives

Fastway picks 51% stake in Jagsumi

Fastway Transmission, Punjab based multi-system operator acquired 51% stake in Jagsumi Perspectives from IndusInd Media & Communications (IMCL). With this divestment, IMCL exited cable television market in Haryana. Indusind Media and Communications acquired 50.70% stake in Jagsumi Perspectives in October 2011. This divestment resulted in a loss of over INR62 million, said Hinduja Ventures which [...]