Rupert Murdoch-promoted News Corporation today said it will invest $100-million in the next 12-months to start six regional channels under the Star brand in India.
"We will invest $100-million in the next 12 months to launch six regional channels under the Star brand in India," News Corporation Chairman and CEO Rupert Murdoch told reporters here.
News Corporation company Dow Jones announced the launch of Dow Jones India Titans 30 index. "We are unveiling the Dow Jones India Titans--a 30-stock index tracking the stock-market performance of prominent Indian companies," Murdoch said.
"It will be licensed to financial institutions as the basis of investment products such as exchange-traded funds," he said.