NEW DELHI: Television Eighteen Ltd, the Indian joint venture partner for CNBC India, is in talks with Sony Entertainment TV India to sort out the matter with the Hinduja group-controlled INCablenet which has blacked out the business channel since last Tuesday in Mumbai.

SET India distributes CNBC India along with Sony, SET Max and AXN in India.

"The matter should get resolved soon," a senior TV-18 executive said today.

INCablenet president Rajiv Vyas had told indiantelevision.com last week that the business channel was off the network because it had failed to provide "an official undertaking that it was complying with all terms and conditions of the Cable Act."

TV-18 had claimed that it was blacked out in Mumbai after the business channel had carried a UNI report relating to the Hindujas and the Bofors case.