Next Mediaworks on Fund Raising Plans
Vineet Singh Hukmani, managing director at Radio One, told NDTV that the company will raise Rs 115 crore through debt and equity to prepare itself for the phase 3 of FM auction. Rakesh Jhunjhunwala and his wife Rekha Jhunjhunwala will invest Rs 25 crore in the company, added Mr Hukmani.
