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Murdoch bets big on India: News Corp buys out VCCircle, Star India acquires Screen
Fp Staff •This is the third investment by News Corp in India. Previously, it had invested in financial advisory start-up firm BigDecisions.com and realty portal PropTiger.com.
Proptiger to Commonfloor: Foreign investors add Indian online property portals to shopping cart
Fp Archives •Foreign investors like Murdoch have already put more than $200 million into portals that help people like Bhartia buy homes. Spurring the interest is Prime Minister Narendra Modi's vow to provide a house to every Indian family by 2022 as the country's growing army of Internet users embrace e-commerce.
News Corp enters Indian realty mkt with Rs 185 cr investment in PropTiger.com
Fp Staff •In a statement on Tuesday, News Corp announced that it was acquiring the stake in PropTiger for $30 million which roughly works out to about Rs 185.6 crore.