HT Media has received an approval to invest an amount up to Rs 400 crore in one or more tranches, in its wholly owned subsidiary company namely, HT Music and Entertainment Company to fund expansion/ growth opportunities in its FM Radio business vertical. The Board of Directors of the company at its meeting held on June 06, 2018, approved the same.
HT Media is engaged in printing and publishing of newspapers. The company’s segments include Printing & Publishing; Radio Broadcast & Entertainment, and Digital.