NEW DELHI: A new Singapore-based realty channel Property TV is coming up this March and will run an office in India from Noida. However, the channel will not go for downlinking in the country at least till September.

A deal is going to be signed early this week between the channel's Singapore owners and Indian counterpart, IndiaNivesh, which is reportedly the "mother company" of Luminaire Technologies Ltd, a source says.

While the details of the formation of the holding company and the alliances being worked out in Singapore are not available, sources indicate that the parties involved include Luminaire, IndiaNivesh and the Singapore mega-broadcast company TV Broadcast Pte Ltd.

IndiaNivesh has recently bought 33.54 per cent of the total paid-up share capital of Luminaire, which is a major producer of TV hardware.
NEW DELHI: A new Singapore-based realty channel Property TV is coming up this March and will run an office in India from Noida. However, the channel will not go for downlinking in the country at least till September.

A deal is going to be signed early this week between the channel's Singapore owners and Indian counterpart, IndiaNivesh, which is reportedly the "mother company" of Luminaire Technologies Ltd, a source says.

While the details of the formation of the holding company and the alliances being worked out in Singapore are not available, sources indicate that the parties involved include Luminaire, IndiaNivesh and the Singapore mega-broadcast company TV Broadcast Pte Ltd.

IndiaNivesh has recently bought 33.54 per cent of the total paid-up share capital of Luminaire, which is a major producer of TV hardware.

Tags: estate, property, real, singapore.

You must be logged on in order to post a comment.

— Login —
— Free Registration —

No comments yet.