MUMBAI: To the ever-growing list of companies entering the news broadcasting arena, add Good Morning India, publisher of Hindi current affairs magazine India News.

Promoted by Kartik Sharma, son of former Union minister Venod Sharma, Good Morning India will be launching a Hindi language news channel as well as an English one.

"We have got the license from the (information & broadcasting) ministry for both the channels. The Hindi news channel will be called Ab Tak while the English news channel is likely to be called ITV News," a source close to the developments avers.

"The Hindi news channel will launch first, by year-end, to be followed later by the English news channel," the source adds.

While refusing to divulge any details about the investments being made, the source confirms that the company is expanding in the print space as well, and will be launching an English weekly and a Hindi newspaper.