BAG Films Gets FDI nod; Q3 Net Profit Rs 18.76 million

1. By Rafat Ali - Fri 01 Feb 2008 10:52 AM PST BAG Films has been cleared for a Rs 20.5 million FDI investment and a Rs 400 million foreign currency convertible bond raise to fund expansion in news, non-news channels and FM radio. For the quarter ended 31 Dec, 2007, BAG posted a profit of Rs 18.76 million, 48% higher than last fiscal. BAG recently launched its news channel News 24 (the ads with the burning mic) and plans to launch a 24x7 Enter (Read Full Article)
   
   

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