Turner International India has made it clear that it has no plans to pick up a stake in any Indian channel at this point in time.

Anshuman Mishra, managing director of Turner International India, made the assertion while responding to queries about rumours doing the rounds that his company was considering picking up a stake in the Hindi entertainment channel SABe TV promoted by the Adhikari brothers.

"We have no plans for investment in any channel in India," he emphatically stated on the sidelines of the 'Eureka 2001' awards ceremony held in Mumbai yesterday. The function was organised by the Entrepreneurship Cell of the Indian Institute of Technology (IIT), Mumbai, in association with CNN and Avendus.