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Hinduja Ventures’ arm receives permission for providing HITS services

07 Mar 2014 Evaluate

Hinduja Ventures’ wholly owned subsidiary (WOS) - Grant Investrade, has been granted the permission for providing Headend-In-The-Sky (HITS) services by Ministry of Information and Broadcasting. The company had recently received an approval for investment of up to Rs 2 crore in Grant Investrade. The board of directors at its meeting held on February 26, 2014 had approved for the same.

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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