Star TV IndiaCurrent OwnershipProposalHas to reduce foreign stake to 26 per cent or lessOptionsInvite several Indian strategic partners Rope in Indian FIs Become a content supplier to a new companyCNBC IndiaCurrent OwnershipProposalOptionsCNBC Asia sells a part of its stake to TV 18 CNBC Asia exits but allows its brand name to be used by TV 18Zee TelefilmsCurrent OwnershipProposalHas to reduce foreign stakes of NRIs, overseas corporates and FIIs to 26 per cent or lessOptionsTransfer Chandra’s overseas stake to India Rope in strategic partners or investors Create a corporate web to wriggle around the laws