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T.V. Today Network gets Government's approval to sell four FM radio stations

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Capital Market

In Amritsar, Jodhpur, Patiala and Shimla

T.V. Today Network announced that in reference to the application filed by the Company with the Ministry of Information & Broadcasting (MIB), Government of India for the sale of its FM radio station to Entertainment Network India (ENIL), the Company has informed that the MIB vide letter dated 20 July 2015, has conveyed its approval for the sale of FM radio station in Amritsar, Jodhpur, Patiala and Shimla. Further the sale of Radio Stations at Delhi, Mumbai and Kolkata has not been approved since ENIL can't hold more than one radio license in a particular city.

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First Published: Jul 22 2015 | 3:04 PM IST

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