http://online.wsj.com/article/SB126320268811924377.html

JANUARY 11, 2010, 4:41 A.M. ET

NDTV, Beximco Group to Launch Channel in Bangladesh

 By R. JAI KRISHNA

NEW DELHI -- Indian media company New Delhi Television Ltd. Monday
said its unit has signed a pact with Bangladesh's Beximco Group to
launch a 24-hour news and current affairs television channel,
Independent Television.

NDTV's media consulting unit, NDTV Worldwide, and the Beximco
Group--through its media subsidiary Independent Television Ltd.--plans
to launch the channel in Bangladesh by early September 2010, the
company said in a statement.

The alliance will include channel planning and execution. It will also
include NDTV assisting the Beximco Group with the operational and
business management of the channel, it said.

Beximco Group, the largest private sector industrial conglomerate in
Bangladesh, also manages The Independent newspaper.

The statement didn't provide any financial details or the nature of
partnership between the two companies.

Write to R. Jai Krishna at [email protected]

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