5 steps to here

Knocked down Nimbus

1. November 2010: Finding investors indifferent, Nimbus Communications, a sports broadcasting company, withdraws its Rs 900-crore IPO of September 2010

2. December 2011: Nimbus appoints Barclays Capital and Avendus as advisors to help sell off its TV channels, Neo Sports and Neo Cricket

3. December 12, 2011: BCCI cancels Nimbus's broadcasting rights after Nimbus defaults on payment

4. January 3, 2012: TheOneAlliance, a joint venture of Multi Screen Media (MSM) and Discovery, terminates its distribution contract with Nimbus

5. January 18, 2012: MSM, Network18, Bennett, Coleman & Co and Sahara all show interest in buying
 
-Anamika Butalia