Monday, January 21, 2008

Blackstone gives rude shock to Ramoji - Really?

Media baron Ramoji Rao, who is already down in the dumps with complete halt to the inflow of fresh deposits into his Margadarsi Financiers, has received yet another a rude shock.
Blackstone group, which promised hundreds of crores to Ramoji group has backed off this week. And as if adding insult to injuries, the Blackstone group authorities reportedly told Ramoji Rao, before calling off the deal, that the valuations for ETV stations were jacked up artificially. And with mushrooming of more and more Television channels and TV-9 going up the ladder to No. 1 position, ETV might not survive for a long time and hence, there is no point in pumping money into a pot with a hole, Blackstone conveyed to Ramoji.
So, what does Ramoji do now? Will he go in for public issue?

Source: http://www.greatandhra.com/ganews/viewnews.php?id=5217&cat=&scat=16

8 comments:

Anonymous said...

It may be true, but the reason the Blackstone in not investing in Ramoji Group is b'coz the stupid Central gov didn't give the perimission. Now the Blackstone is coming up with two small investments so that firm doesn't need the goverments approval. And don't believe in everything what greatandhra.com says as he writes always against Ramoji and TDP and keeps praising Congress.

Anonymous said...

who are you.
why are using starandhra name

Anonymous said...

why can't I use the star andhra name?

Anonymous said...

Is it Ramaoji or YSR getting the RUDE SHOCK ? YSR tried so much to defame and cripple Ramoji by misuing his power and couldn't achieve anything. On the other side the stupid gossip website GA.com keeps boosting YSR and targets Ramoji all the time. What a sadist mentallity by GA editor

Anonymous said...

You seem to be a stupid fellow giving all false news. I think you are suffering from some problem. Central government is not clearing the Blackstone file and keeping it pending. Latest news is JM Finacials is lending 1400 crores to Ramoji Rao.
Margardarsi is clearing all the depositer loans immediately. Please write facts only.

Unknown said...

Ramoji, YSR all are waste fellows. and this greatandhra.com i a worst website i hav seen

y dont u see idlebrain, searchandhra or spot2day.com etc

Anonymous said...

GreatAndhra site is the worst site, i ever seen. worst with wrong and useless topics.Most of the times the News titles are misguiding and their Editors are Targeting some good people. These Sadist GA fellows are trying to defame some group of people by posting baseless false news in the name gossip. I don't appreciate it. shame on them...

Anonymous said...

I too Agree, greatandhra site contains all false comments and it is publishing rubbish news in the name of gossip. trying to demote some good peoples fame and name. better to search for alternate sites..