Epic Research

Thursday, March 21, 2013

Epic Update : SITI Cable Network

Epic Update SITI Cable NetworkSITI Cable Network, which has received Foreign Investment Promotion Board (FIPB)’s nod for raising Rs 324 crore from its promoter entities, has received its first tranche of Rs 81 crore. Meanwhile, the remaining balance tranches will be made available to the company as per the business requirements. The funds will be utilized by the company for up-gradation of its digital infrastructure and for foraying into new markets.

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