Delhi High Court (HC) has approved scheme of arrangement between TV18, IBN18 and Network18, reports CNBC-TV18.
Television Eighteen has reported a sales turnover of Rs 78.75 crore and a net profit of Rs 7.27 crore for the quarter ended Dec '10
Television Eighteen (TV 18 ) touched an intraday high of Rs 81.85 and an intraday low of Rs 77.05. At 13:43 hrs the share was quoting at Rs 81.35, up Rs 3.30, or 4.23%.
Television Eighteen (TV 18) has announced its third quarter consolidated results. Its Q3 consolidated net profit was at Rs 6 crore versus loss of Rs 17 crore, QoQ.