MUMBAI: New Delhi Television Ltd (NDTV) has launched two channels on UK based telecommunication mass media company Virgin cable.
The company informed BSE that the company has launched its Hindi news channel NDTV India in the UK. Along with the news channel a subsidiary of the company, NDTV Lifestyle Limited, has launched an Indian food channel ‘NDTV Spice’ on Virgin’s cable network.
NDTV has a portfolio of three channels, including NDTV 24x7, NDTV India and India’s first ever 2-in-1 channel NDTV Profit-NDTV Prime (business news and infotainment). The channels target the global Indian with news.
NDTV has a roller-coaster ride as a media company-turned-broadcaster in the last over 25 years.
Last week, the income tax appellate tribunal (ITAT) ruled in its favour on tax matters related to assessment years 2007-2008 and 2008-2009 that had created a controversy.
The company has been caught up in a legal tangle with the income tax department for some time. The ITAT said that NDTV need not pay tax on additional amount of Rs 22.09 crore, which the department wanted to add to its taxable income.