Entertainment Network subsidiary selected by DIAL for advertisements

Entertainment Network India Ltd has announced that Delhi International Airport Pvt Ltd (DIAL), through its Invitation to Tender ('ITT') dated December 26, 2006, requested the Proposals from the Interested parties to design, set up, develop and maintain advertisements at Indira Gandhi International Airport at new Delhi ('Airport') at the specified locations by way of License.

In response to the ITT, among other Interested Parties, DIAL has accepted the Proposal of Times Innovative Media Pvt Ltd ('TIMPL'). TIMPL has been selected as the Successful Interested Party for awarding the License, in accordance with the terms and conditions set out in the ITT.

TIMPL is a wholly owned subsidiary of the Company and operates its Out of Home Media business under the brand name "Times OOH Media".

Source : Equity Bulls

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