IndianMascot
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Hinduja Group, which has interests in cable TV distribution business through IndusInd Media and Communications Ltd, is planning to launch Headend-In-The-Sky (HITS) platform for smaller cable TV operators to offer digital service.
The HITS business will be under Grant Investrade, an investment arm of the Hindujas. Grant Investrade holds 6 per cent stake in IMCL.
Grant Investrade has applied to the Information and Broadcasting ministry for a licence to operate HITS.
"We applied for HITS licence about two weeks back. We feel that there will be a huge demand for such a service in the third and fourth phase of digitization which will spread over small towns," IMCL managing director Ravi Mansukhani tells Indiantelevision.com.
The HITS business will be under Grant Investrade, an investment arm of the Hindujas. Grant Investrade holds 6 per cent stake in IMCL.
Grant Investrade has applied to the Information and Broadcasting ministry for a licence to operate HITS.
"We applied for HITS licence about two weeks back. We feel that there will be a huge demand for such a service in the third and fourth phase of digitization which will spread over small towns," IMCL managing director Ravi Mansukhani tells Indiantelevision.com.