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UTV Software downsize IPO to Rs 100 crore

20-December-2000
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UTV Software downsize IPO to Rs 100 crore

UTV Software Communications Limited, has downsized its initial public offering (IPO) to about Rs 100 crore from earlier envisaged issue size of Rs 180-200 crore. UTV is also negotiating with Star TV for alliances, including joint marketing and distribution of Vijay TV abroad and producing a Tamil version of Star Plus’ successful Kaun Banega Crorepati.

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