To carry on the business of establishing , setting up, acquiring, taking on lease or otherwise acquire, run and maintain independently or jointly various types of communication, electronic and cable networks, cable TV channels, satellite channels; film and video studios in India or abroad; establish and provide facilities, equipment and labs for audio, video and feature film shooting, editing, recording and to produce and distribute feature films, video, and entertainment films and to own, acquire on lease or otherwise any cable TV channels and use the same for commercial purposes.