Originally posted by OO_OO_OO:
i found this in another forum..
MUMBAI, Feb 7 (Reuters) - Temasek Holdings, Singapore's state investment firm, may be in talks to set up a television broadcasting company in India in which it could have a 26 percent stake, the Business Standard newspaper said on Wednesday.
The newspaper, citing only "sources", said the proposed company would operate news, current affairs and entertainment channels.
U.S. investors, who were not named in the report, and Reliance Industries Chairman Mukesh Ambani, acting through personal investment companies, would also get 26 percent each, it said.
Spokesmen for Reliance Industries and for Temasek [TEM.UL] declined to comment.
The paper said the proposed company was looking for $300 million in investment over the next two to three years.
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Is this gonna be another shin corp?
which will result in a 10% gst next?
US investor not named (trouble). Reliance (trouble). Temasek will be screwed again. It seems that's what it is good for. Rob the poor in Singapore and get screwed overseas.