Media and entertainment firm UTV Software today said its board has approved to raise Rs 100 crore by issuing non-convertible debentures to Life Insurance Corporation of India.     

The board has also approved the appointment of Robert Gilby and Sanjay Purohit as additional directors, UTV Software said in a filing to the Bombay Stock Exchange (BSE). 

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New Ipad Application :Business Standard's all new IPad App Click here to download for free Other Stories      - Markets post worst May performace since 2006 - US jobs data points to recovery losing momentum - FII-TO-FII TRADES: PNB traded at 5% premium - Sugar output up at 25.5 million tonne this year surpasses govt estimate - CoalMin identifies 54 blocks for allocation through auction

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