Mukesh Ambani planning TV foray?


It is believed that Mukesh Ambani is in talks with Peter Mukerjea, the outgoing chief executive officer of the Star group, to start an entertainment and news channel.

It is said that Ambani may be financing a part of the project in his individual capacity rather than through any of his group companies.

The duo might also rope in Lachlan Murdoch, the estranged son of media tycoon Rupert Murdoch, for possible help and investments. Top executives from media and publishing might also be roped in for the venture.

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