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Volume no: 1. Issue no: 55

4 October 1999

TWO TELEVSION SOFTWARE FIRMS EYE IPOs

Two leading Indian television production houses - TV18 and UTV - are eyeing a listing on the Bombay stock exchange. TV 18 is CNBC Asia's Indian content supplier and joint venture partner and provides software to Star apart from other channels. UTV is a programme supplier to DD, Star, and also owns Tamil channel Vijay TV through its sister company Teleshopping Network.

TV 18 is planning to raise Rs 450 million through its IPO and its