Campaign India Team
Sep 26, 2008

9X, Balaji rubbish ET story

Calling the report in the Economic Times dated September 25  on Balaji Telefilms Ltd buying a stake in 9X "completely untrue and baseless", Indrani Mukerjea (pictured), founder and CEO, INX Media said that "at no point has INX had any conversations with Balaji Telefilms on investments either in or from Balaji Telefilms." A letter to this effect has been sent to Bodhisatva Ganguly of The Economic Times. 

9X, Balaji rubbish ET story

Calling the report in the Economic Times dated September 25  on Balaji Telefilms Ltd buying a stake in 9X "completely untrue and baseless", Indrani Mukerjea (pictured), founder and CEO, INX Media said that "at no point has INX had any conversations with Balaji Telefilms on investments either in or from Balaji Telefilms." A letter to this effect has been sent to Bodhisatva Ganguly of The Economic Times.
 
Simultaneously, Shobha Kapoor, managing director of Balaji Telefilms, has written a letter calling the report baseless and has asked the newspaper for a retraction."The article printed on the front page in today's edition of The Economic Times about Balaji Telefilms buying stake (sic) in 9X Channel is totally baseless," writes Ms Kapoor.
 

Source:
Campaign India

Related Articles

Just Published

3 hours ago

Rural consumption continues to outpace urban ...

The latest data from NielsenIQ indicates that rural areas have become the primary driver of consumption growth in the FMCG sector, a reversal of previous trends where urban centres led growth.

4 hours ago

Havas to offer staff up over $40 million in ...

Bosses could get extra $8 million in cash bonuses for working on separation from Vivendi, prospectus reveals.

5 hours ago

FCB/SIX India announces key senior leadership ...

Since its launch in 2023, the agency’s staff has tripled, now numbering approximately 170 team members.

6 hours ago

Trump’s victory isn’t just America’s crisis—it’s a ...

Make no mistake—2024’s US election was a calculated exercise in marketing from beginning to end, revealing a striking alignment with the very principles that drive our industry.