Star Group which had bought 21 percent stake in Balaji in 2004 for an amount of Rs 123 crore, is desperate for an exit. In an exclusive conversation with CNBC-TV18, Star Group's legal counsel, Deepak Jacob, said that they are in search of a buyer to exit their 21 percent stake completely, but are unable to find their right price.
Star Group, a unit of Rupert Murdoch's News Corp, has ended its brand association with its Indian television news channel joint venture partner, the company said, blaming the split on regulatory headaches.
CNBC-TV18's Storyboard catches STAR India in the throes of its biggest initiative after KBC, ranks IPL teams on their brand value and finds out how IIM grads are making it big on the lit circuit
Star Group on Monday beat competition from Multi Screen Media (Sony) to bag six-year broadcast and digital rights of India’s international cricket matches at home and domestic events like Ranji Trophy, Duleep Trophy and the Irani Trophy.