Tatas Set To Steer Star DTH Venture With 80% Stake

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After tying up with Kolkata-based Ananda Bazar Patrika (ABP) for Star News,
the group is understood to have narrowed down on the Tatas as Indian partner
for its Rs 250-crore direct-to-home (DTH) broadcasting project. Star is
likely to make an announcement soon, government sources said. Tata branding,
sources said, is likely to be an USP for the Star DTH project. With 20 per
cent foreign direct investment (FDI) cap in a DTH venture, the Tata group is
expected to hold 80 per cent and Star 20 per cent. The total foreign
investment allowed in DTH is 49 per cent.

Source:
http://www.financialexpress.com/fe_full_story.php?content_id=42633