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6 Logos For Rs 99,000! What Is It Ravi Prakash?

By:  Tupaki Desk   |   17 May 2019 6:50 AM GMT
6 Logos For Rs 99,000! What Is It Ravi Prakash?
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Ravi Prakash sold Six Logos, including TV9, for his own firm Next India which is operating Mojo TV for a price of Rs 99,000. The Former TV9 CEO claimed that the deal was closed on December 31st as per the formal agreement on May 22nd, 2018.

Kaushik Rao filed a complaint with Cyber Crime Police against Ravi Prakash, Murthy and Harikiran Chereddy on behalf of Associate Broadcast Company Limited (ABCL) over the secret agreement happened without taking Alandha Media Pvt Ltd into confidence.

Alandha Media holds 90.5 stake in ABCL. No decision can be taken without the consent of the majority shareholders. Ravi Prakash is just a minority shareholder with over 8 percent stake in the company.

Fresh leaks about the sensational case has been offering a better understanding about the tactics followed by Ravi Prakash to hold the grip on TV9. Will he be able to prove what's being done by him is right?