However, in a confidential circular mail to the companys employees, Mr Bahl said the international channel will be compiled and uplinked from Delhi. The existing business channel will shift its base from Delhi to Mumbai in the May-September 2004 period. The international channel will be getting ready for a launch at Delhi during this period. The current CNBC-TV18 service and the proposed Hindi channel have to be launched from the same facility. Both these channels will be compiled and uplinked from Mumbai, it said.
After four years of dogged consolidation, it is time for the next leap. The take-off has already begun, the note said.
The company plans to recruit close to 50 people at Mumbai, Delhi and the new bureaus coming up at Hyderabad, Ahmedabad, Chennai and Kolkata. Delhi will act as the super-bureau for the two business channels and also fully produce, compile and uplink the 24-hour international channel.
According to the mail, the internal communication is meant to be shared as advance information only with TV18s employees, since the above plans are not yet 100 per cent closed. We have quite a few procedures to go through and finalise before we can be 100 per cent sure about a public announcement, he said in the circular.