06-13-2008, 08:19 PM
Quote:He said that while the group had a strong cash balance, the foreign partner is also expected to bring in equity in the telecom venture.http://www.dnaindia.com/report.asp?newsid=1170900
Direct-to-home segment is another business area where Videocon is planning to make a foray into.
Dhoot said that Bharat Business Channel Limited, the subsidiary floated by the group for the DTH business, would start operations from October 1 and added that Rs 1,500 crore would be invested in the first phase.