Radio City seeks court protection

[icernet-admin at listserv.cddc.vt.edu]

After Star News, it is now the turn of Radio City to seek court protection
against the Government's move to cancel the licence for violating the FM
radio norms. The Ispat group-owned Music Broadcast Private Ltd (MBPL), which
holds the Radio City licence, has approached the Bombay High Court seeking a
stay to prevent the Government from cancelling the licence. Star India Pvt
Ltd, through its subsidiary Digiwave, is the sole content provider for Radio
City.
The decision to move court comes even as the Information and Broadcasting
(I&B) Ministry felt that the answers provided by MBPL on issues relating to
the loan and content sharing agreements with Digiwave have not been
adequately answered. 

Source:
http://sify.com/finance/fullstory.php?id=13252507&vsv=157