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Hinduja enters into STB business for its HITS service

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The distribution of the STBs is envisaged on cash-and-carry basis to support its media venture. As reported earlier by TelevisionPost.com, HVL plans to invest Rs 5,000 crore (Rs 50 bn) in NXT Digital, which was recently launched by Minister for Information & Broadcasting (MIB) Arun Jaitley. “The project size minimum is Rs 5,000 crore which the group is committed to invest,” Hinduja Ventures chairman Ashok Hinduja had told the media recently. “This can go up. It has the potential to go up to...

Hinduja enters into STB business for its HITS service

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