Four new channels set for Star TV arm

B'caster to invest $30 million

NEW DELHI — Broadcast Worldwide, a company backed by former Star TV topper Rathikant Basu, plans to launch four regional satellite TV channels in India.

The channels in Marathi, Bengali, Punjabi and Gujrathi will go on the air in the second quarter of 2000. The company is planning to invest $30 million in the channel business.

News Corp. will have a minimum 5% stake in the venture. Star TV will offer these new channels as part of its bouquet.

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