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UTV Software cuts down future investment

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BS Reporter New Delhi
Last Updated : Jan 20 2013 | 10:38 PM IST

As a part of its cost rationalisation measures, UTV Software Communications has cut down future investment by Rs 200 crore, the company informed the Bombay Stock Exchange.

The company has also phased out its Delhi operations for its two channels to save costs and consolidated the operations of its four channels from Mumbai.

Prior to this, two channels were run from Delhi and the other two from Mumbai.

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