 "Subhash Chandra")
A consortium that includes U.S. cable giant Comcast Corp., James Murdoch’s Lupa Systems and Blackstone Group Inc. has made an offer for a stake in Zee Entertainment Enterprises Ltd., India’s largest private broadcaster, people familiar with the matter said.
The group plans to snap up a 51% stake, which has a market value of about Rs 19,000 crore ($2.77 billion), said one of the people, asking not to be identified as the discussions are private. The bid is non-binding, the people said.
A deal could be announced as soon as Wednesday and there could be more investors, another person said. Deliberations are
