Malaysia’s Astro invests US$68m in Indian channels

KUALA LUMPUR - Malaysia-based Astro All Asia Networks is to acquire a 49 per cent stake, costing US$40 million, in New Delhi Television (NDTV) subsidiary NDTV Lifestyle. The Astro Group is also investing US$28 million to be majority stakeholder in a new food channel in India.

by Staff Reporters