i found this in another forum..
MUMBAI, Feb 7 (Reuters) - Temasek Holdings, Singapore's state
investment firm, may be in talks to set up a television
broadcasting company in India in which it could have a 26 percent
stake, the Business Standard newspaper said on Wednesday.
The newspaper, citing only "sources", said the proposed company
would operate news, current affairs and entertainment
channels.
U.S. investors, who were not named in the report, and Reliance
Industries Chairman Mukesh Ambani, acting through personal
investment companies, would also get 26 percent each, it
said.
Spokesmen for Reliance Industries and for Temasek [TEM.UL] declined
to comment.
The paper said the proposed company was looking for $300 million in
investment over the next two to three years.
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Is this gonna be another shin corp?
which will result in a 10% gst next?
