04-25-2005, 09:07 PM
<b>Reuters, Times of India to Launch TV News Channel</b><!--QuoteBegin-->QUOTE<!--QuoteEBegin-->LONDON (Reuters) - News and information provider Reuters Group Plc unveiled a broadcasting partnership with the Times of India on Monday as part of a drive to build up its consumer media business.
Reuters said in a statement it would take a 26 percent stake in The Times Global Broadcasting Co. Ltd, a unit of the Indian media group, which is launching a news channel later this year.
Financial terms of the deal were not disclosed.<!--QuoteEnd--><!--QuoteEEnd-->
TOI joined her masters. More lies and twisted facts 24x7. <!--emo&
--><img src='style_emoticons/<#EMO_DIR#>/biggrin.gif' border='0' style='vertical-align:middle' alt='biggrin.gif' /><!--endemo-->
Reuters said in a statement it would take a 26 percent stake in The Times Global Broadcasting Co. Ltd, a unit of the Indian media group, which is launching a news channel later this year.
Financial terms of the deal were not disclosed.<!--QuoteEnd--><!--QuoteEEnd-->
TOI joined her masters. More lies and twisted facts 24x7. <!--emo&
--><img src='style_emoticons/<#EMO_DIR#>/biggrin.gif' border='0' style='vertical-align:middle' alt='biggrin.gif' /><!--endemo-->