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News channel, BTVI closes shutters with abrupt announcement

News channel BTVI has announced that it will suspend transmission on broadcast platforms effective immediately from midnight 31st August. The statement was shared in an internal memo with the employees from the HR department.

The mail read, “we sincerely thank everyone for all the hard work that that has gone into building our television channel for the past 3 years.”

It further said, “In recent months, BTVI has been consistently ahead of a competitor with an over two-decade long existence in the Indian business television market.”

The statement concluded, “over the next few days, we will communicate the future steps towards ensuring a smooth transition of our operations.”

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