India's Adhikari Brothers Television Network rises on MoU with Telangana government

Aqylon Nexus

10/12/2025 08:43

** Shares of Sri Adhikari Brothers Television Network SBTV.NS up 4% to 1,563.9 rupees

** Media co executed MoU with government of Telangana, a state in South India, on Dec 9

** MoU for development of AI and hyperscale green data centre campus with 50 MW capacity in the state

** Proposed project involved planned investment of 40 bln rupees ($444.8 mln)

** Stock set to rise for fourth consecutive session

** YTD, SBTV down about 4%

($1 = 89.9300 Indian rupees)

 (Reporting by Anuran Sadhu in Bengaluru)

 ((Anuran.Sadhu@thomsonreuters.com; +91 8697274436;))