Media

Tata Opportunities Fund is about to buy a 5% stake in Tata Sky for R275 Cr, TOI states.

Indian cable TV distribution company - Den Networks aims to raise $160 Mn in the next couple of days which is expected to take place on 7th May at an estimated price of R217 per share.

Capital 18, investment arm of Network 18 is in talks to sell a major stake in television company Colosceum Media, Mint states. This stake sale is a part of its strategy to divest in units that are not central to its business activities.

Morgan Stanley Asia Singapore Pte has bought 10 lac shares of Eros International Media through equal buys on the NSE and BSE.

Delhi Press is in talks to buy Man's World. Delhi Press is also interested in buying rights to publish Rolling Stone in India, Mint states.

Sparrow Asia Diversified Opportunities Fund FDI has sold 22 lac shares of Picturehouse Media.

Business Standard, the financial daily, is close to selling its automobile periodical Business Standard Motoring (BSM).

McCann Worldgroup India has acquired End To End Marketing Solutions, a database marketing firm in Bangalore.

Entertainment and media company Zee Entertainment and Asia Today Ltd. unit have made an undisclosed strategic investment in MirriAd, according to Mint.