TV Today Network on Wednesday said it has filed draft red herring prospectus with the Securities and Exchange Board of India for its over Rs 100 crore initial public offering, involving 14.5 million shares.
The India Today group, which is under attack from Law minister Salman Khurshid, today said it stands by the veracity of the report carried by its TV network alleging financial irregularities in a trust run by the Khurshid couple and will defend itself."TVTN (TV Today Network) stands by the veracity of the broadcast of news pertaining to sting carried by the Channel exposing the swindling of funds by Dr Zakir Hussain Memorial Trust," said a statement from the group
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