Kairali Towers – Foundation stone laid

Malayalam Communications Ltd  finally had the foundation stone laid for their Corporate Office and Studio Complex in Thiravananthapuram.. The company is to have a 8 storeyed multiplex inaugurated in 15 months time. The function was well attended by the ruling party of Kerala, the leader of Opposition and dignitaries from the social and political front. Speaking on the occassion the Chairman of the channel, Padmashri Mammootty hinted a third channel to be operational on January 2007.. This channel will be targetting the youth, thus intensifying the competition in the youth niche sector, he added.