Credit rating agency, ICRA has reaffirmed the assigned credit rating ‘MA-’ for fixed deposit programme of Network 18 Media & Investments. However in view of the company's recent announcement for rights issue, the rating has been kept under rating watch with developing implications.
Network 18 Media & Investments is one of India's leading full play media conglomerates with interests in television, print, internet, filmed entertainment, mobile content and allied businesses.