Murdoch’s News Corp to pump $100 mn in 6 regional channels

MUMBAI: Rupert Murdoch-promoted News Corporation will invest $100 million over the next 12 months to start six regional channels under the Star brand in India.

Additionally, News Corp company Dow Jones launched Dow Jones India Titans 30 index. "We are unveiling the Dow Jones India Titans–a 30-stock index tracking the stock-market performance of prominent Indian companies. It will be licensed to financial institutions as the basis of investment products such as exchange-traded funds," Murdoch said.

Star India currently has more than 10 channels including Star Plus, Star Gold, Star Movies, Channel [V], Star Vijay, Star Utsav, Star Majha, Star Ananda, Star Cricket, Star One, Star World, Star News, National Geographic Channel and History Channel amongst others.