Television Eighteen Group (TV18), the owners of p
opular news channel CNBC, has acquired CRISIL MarketWire (CMW) from noted credit rating agency CRISIL Limited. Although the financial aspects have not been disclosed, as per sources, the matters pertaining to the takeover have been tidied up and the actual transfer I scheduled on the coming January 01, 2007. This deal came hot on the heels of Zee taking over news agency UNI and India Quotation System (IQS) being bought by Reuters. The latter, according to analysts, was principally liable for CMW accepting the offer as IQS had been the data bank of CMW ever since CMW’s formation from the erstwhile Bridge News in the year 2001.
For Complete IIPM - Article, Click on IIPM-Editorial Link
Source:- IIPM-Business and Economy, 2006
opular news channel CNBC, has acquired CRISIL MarketWire (CMW) from noted credit rating agency CRISIL Limited. Although the financial aspects have not been disclosed, as per sources, the matters pertaining to the takeover have been tidied up and the actual transfer I scheduled on the coming January 01, 2007. This deal came hot on the heels of Zee taking over news agency UNI and India Quotation System (IQS) being bought by Reuters. The latter, according to analysts, was principally liable for CMW accepting the offer as IQS had been the data bank of CMW ever since CMW’s formation from the erstwhile Bridge News in the year 2001.For Complete IIPM - Article, Click on IIPM-Editorial Link
Source:- IIPM-Business and Economy, 2006
An IIPM And Management Guru Prof. Arindam Chaudhuri’s Initiative
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