Kairali TV to expand into Middle East
September 29th, 2011 - 5:45 pm ICT by IANSThiruvananthapuram, Sep 29 (IANS) Communist Party of India-Marxist (CPI-M)-backed Kairali TV Thursday said it will launch a new channel in the Middle East.
The channel’s chairman, superstar Mammootty, made the announcement soon after being re-elected to the post at the firm’s annual general body meeting held here.
The channel has been named Kairali Arabia.
Kairali TV’s income in the last fiscal stood at Rs.67.82 crore, with a profit of Rs.14.60 crore.
Mammootty added that a five percent dividend will be paid to all shareholders in December this year.
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Tags: arabia, communist party of india, communist party of india marxist, CPI, crore, dividend, kairali tv, mammootty, middle east, shareholders, superstar, thiruvananthapuram