MSM moves to India from Singapore for telecast operations

Multi Screen Media (MSM) is planning to shift its telecast operations of all channels from Singapore to India, to simplify tax structure.   

Since its inception, all MSM channels—Sony Entertainment Television (SET), SAB, Max, Mix, Six and Pix—have been running from Singapore and the exercise is putting a lot of tax burden on the company. 

However, sources in the company confirmed to Cable Quest that the company has already got approval from the Foreign Investment Promotion Board (FIPB) and the Reserve Bank of India (RBI) for the same.

Source: http://cablequest.org/news/national-news/item/4437-msm-moves-to-india-from-singapore-for-telecast-operations.html
Source: http://cablequest.org/news/national-news/item/4437-msm-moves-to-india-from-singapore-for-telecast-operations.html