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News Corp Just Recovered Money In Decade Old Hathway Investment

BY  Madhav A Chanchani
In September 2000, News Corp arm invested Rs 342.72 cr and has now sold its entire stake for Rs 358 crore.

Financially, the investment made by an arm of Rupert Murdoch's media conglomerate News Corporation in Hathway Cable & Datacom Ltd, can best be described as a dud. Asian Cable Systems Pvt Ltd picked up a stake in the...

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