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New Delhi Television (NDTV) on Friday said that the company and its subsidiary NDTV Networks have put on hold the proposed sale of its 20 per cent stake in Astro Awani Network, a media company based in Malaysia. NDTV entered into a joint venture with Astro in 2005 for the launch of a 24-hour news channel in Malaysia and Indonesia each. The channels were subsequently launched in 2006.
NDTV informed the stock exchanges that the Central Bureau of Investigation (CBI) has withheld its approval for the proposed sale transaction. "The company is currently examining the legal options available to it and
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