UTV Acquires 76% In Internet Publishing Firm For Rs 15 Crore

Entities Mentioned

• Hindustan Times
• Dataquest
• Ronnie Screwvala
• Jasubhai Digital Media
• Mediaworks
• Cybermedia Group
• Living Digital
• UTV Software

1. United New Media Ventures Ltd (UNMVL), a subsidiary of UTV Software Communications Ltd, has acquired a 76 per cent in IMPL, the company that owns tech portal ITNation, for Rs 15 crore. The acquisition was done by a combination of issue of fresh equity shares of ITNation and also the stake from the existing promoters. [...] (Read Full Article)

   Bookmark or Share this article

   
   

   Related Articles

   • Info Edge To Cross $50 Million Revenues This Year
   • also published in VCCircle
   • Hyderabad-Based Digital Marketing Firm Ybrant Files For IPO
   • also published in VCCircle
   • Videocon Buys PlanetM From BCCL For Rs. 200 Crore
   • also categorized in Acquisition
   • Kleiner Perkins Not Interested In Investing In Web 2.0 Companies
   • also categorized in Acquisition
   • Sasken Turns LP; Puts In $1.4 Million In Arun Netravali’s OmniCapital
   • also written by Madhav A Chanchani

   • MIH India To Get $7.5 Million From Nasper’s China Unit Tencent
   • also written by Madhav A Chanchani
   • Thomas Cook Enters Highly Competitive Online Travel Mart
   • also written by Madhav A Chanchani
   • Helion, Opus Back Online Video Ad Network Jivox With $10.7M
   • also written by Madhav A Chanchani
   • Greylock Partners enters Indian VC market
   • also categorized in Acquisition
   • UTV Severs Ties With Astro For Bindass
   • also mentions UTV Software

Login to comment.