Sachdev said it was entirely privately financed, and he excluded financing from capital markets.
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Sachdev, a spokesman for the left-leaning All India Trade Union Congress.
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K. Sachdev, WorldSpace senior vice-president for engineering and operations, told reporters.
Sachdev said the company will operate in three regions -- Africa, Asia and the Americas -- using a new system of digital radio receivers to provide broadcasters the means to reach populations who normally don't have access to broadcasts.
L. Sachdev, a secretary of AITUC.
FORBES: India
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