Wednesday, February 3, 2010

TV 18 - Fixed Deposit at 12%

Network18 is one of India's leading full play media conglomerates with interests in television, print, internet, filmed entertainment, mobile content and allied businesses. Network18 operates India's leading business news television channels, CNBC-TV18 and CNBC Awaaz. TV18 has recently expanded into print with Infomedia18, a newly formed entity following the acquisition of Info media, India's leading player in the special interest publishing and printing operations space. TV18 has also announced collaboration with Forbes media for the launch of a business magazine in India.

The company is offering fixed deposit to investors at a rate of 12%. The yield of this fixed deposit is upto 14.19%. This is a good investment opportunity for investors to invest in a relatively safe instrument like fixed deposit from a very good company.

Interest Rate is 9% for 6 Months
Interest Rate is 12% for 12 Months, 24 Months and 36 Months

0.5% is offered extra to senior citizens. The minimum amount to be invested is Rs. 10000.

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