India's Sun TV slumps to 3-yr low on broadcast licence worries

Monday, Jun 08, 2015

India's Sun TV Network Ltd sinks as much as 27.8 pct to lowest sine July 2012.

A media report says India's ministry of home affairs has blocked renewal of Sun's broadcasting licence.

The group has received no correspondence from home ministry on the matter, Sun Group CFO SL Narayanan tells CNBCTV18.

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