Rediff Logo
Money
Line
Channels: Astrology | Broadband | Contests | E-cards | Money | Movies | Romance | Search | Women
Partner Channels: Auctions | Health | Home & Decor | IT Education | Jobs | Jobs | Matrimonial | Travel
Line
Home > Money > Reuters > Report
October 23, 2001
Feedback  
  Money Matters

 -  'Investment
 -  Business Headlines
 -  Corporate Headlines
 -  Business Special
 -  Columns
 -  IPO Center
 -  Message Boards
 -  Mutual Funds
 -  Personal Finance
 -  Stocks
 -  Tutorials
 -  Search rediff

    
      



 Deals for NRIs

 CALL INDIA
 Direct Service :
 29.9/min
 Pre-paid Cards :
 34.9/min


 
Reuters
 Search the Internet
         Tips
 Sites: Finance, Investment
E-Mail this report to a friend
Print this page Best Printed on  HP Laserjets

Vijay Mallya to buy Cine Blitz magazine

Vijay MallyaIndian liquor baron Vijay Mallya, chairman of the country's largest alcoholic drinks group, United Breweries, said on Tuesday he has acquired a 51 percent shareholding in popular film magazine Cine Blitz.

He has agreed to buy the remaining stake by the end of October.

In a statement, Mallya said the acquisition was made through his private investment company Pharma Trading Company Pvt Ltd.

Cine Blitz's current owner, Rita Mehta, will continue as editor-in-chief of the magazine.

Mallya has other private media investments overseas including five weekly newspapers in the United States and the Millionaire Magazine group, which publishes 12 editions in 20 countries.

His UB group owns a 33 per cent stake in the Asian Age newspaper.

Back to top
(c) Copyright 2000 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Tell us what you think of this report

ADVERTISEMENT