Via Livemint.com, an Indian business news site launched with the Wall Street Journal, comes a report of an extraordinary legal case in India.

I noticed this a while ago, but have only recently had this confirmed by Bloomberg UTV.

Indian business channel Bloomberg UTV is pursuing legal action against the managing editor of CNBC TV18, Udayan Mukherjee, following comments he made on air about a rival channel. It alleges his comments were ‘false’ and ‘slanderous and derogatory’ to the channel’s reputation.

In response, Mukherjee’s lawyers claim that he did not make any reference to Bloomberg, directly or indirectly.

You can see the original video at the centre of the row on Livemint.

Bloomberg UTV’s spokesperson confirmed to Journalism.co.uk that it has decided to go ahead with its RS 500 crore legal suit (around US$109 million).