DEN Networks, Snapdeal float JV for a home shopping TV channel

[Thakur]

MUMBAI: India’s premier cable TV distribution and e-commerce companies are joining hands to create a home shopping television channel, indicating how fast this segment of business is growing in a country that boasts a thriving middle-class and a huge young population.Sameer Manchanda promoted-DEN Networks and Snapdeal.com’s parent companyJasper Infotech are floating a joint-venture (JV) company with each holding 50 per cent share.

The JV will launch a TV channel which will be used as a marketplace for facilitating the sale of branded and unbranded merchandise and services, including vouchers offered by third-party sellers.“We will apply for approval from the Foreign Investment Promotion Board (FIPB).
The launch of the channel will not take long after we get the necessary approvals,” said a source in the company.

http://www.televisionpost.com/cable/den-networks-snapdeal-float-jv-for-a-home-shopping-tv-channel/

 

[M.J.Sadiq]

RE: DEN Networks, Snapdeal float JV for a home
shopping TV channel

As usual already posted.. If I can find the other thread why not you?? Don't post blindly to increase post count. Nothing is going to happen only with more number of posts.

DEN Networks, Snapdeal to launch home shopping chnl

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[Devesh]

Not again:angry:wall