MoneyWorks4Me

Hinduja Ventures’ arm pays Rs 10 crore to MIB

02 Jul 2014 Evaluate

Hinduja Ventures’ wholly owned subsidiary (WOS) - Grant Investrade has paid Rs 10 crore towards the Licenses Fees for Headend-In The-Sky (HITS) to Ministry of Information and Broadcasting (MIB).

Hinduja Ventures is the holding company of one of India’s largest integrated media companies ‘IMCL’. With an estimated 8.5 million subscribers across 36 major cities, the company offers over 350 channels in the digital mode.

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