SAB TV to re-structure business

Sri Adhikari Brothers Television Network Ltd (SAB TV) today said it will rejig its business to sharpen focus on broadcast, content and publication businesses. Favourable market and competitive dynamics have opened up opportunities for the Group to accelerate growth in its various business verticals, the company said in a filing to the BSE. "Foreseeing the change business would undergo with penetration of Internet and government plans to unleash remote connectivity through digital platform, the Company believes that it is the right time to venture into new age technology," SAB TV Network Vice Chairman and MD Markand Adhikari said.

Read the Economic Times news report here.