Indi Media buys out NewsX

INX News Pvt Ltd, part of the Peter Mukerjea, Indrani Mukerjea- owned INX Group, has been sold to Indi Media. Indi Media is a newly formed joint venture between NaiDunia promoter & CEO Vinay Chhajlani and former BusinessWorld editor Jehangir Pocha. INX News runs the English language channel NewsX.

Last month Business standard run a story on its front-page. Saying that NewX will be acquired by Dainik Bhaskar group, however on the very next day they issued a clarification.

About Peter and Indrani..
Indrani Bora, originally from Calcutta used to runs a HR and headhunting firm called INX Services and Peter Mukerjea is EX-CEO of Star TV, India.