Mohanbabu to enter into media business soon

Dr. Mohan Babu is all set to enter media business soon as his only daughter Laxmi Prasanna is all set to venture out a media channel. It is reported that Laxmi Prasanna is all set to start a media channel through her business contacts and already a name has been suggested by her. The father and daughter duo are planning to open yup a news, business and entertainment channel. But some reliable sources leak out that Mohan Babu is keen on investing on a news channel and his daughter and her husband will invest on a entertainment channel which will be aired from November this year.

It is also reported that Mohan Babu is going to join Congress party soon and will participate in all the congress party meetings as an active member in the party. In 2011 he is said to join the party officially and will contest in the coming elections.

Sources close to Mohan Babu say that an NRI who is in search of a bride groom for his only daughter has proposed a marriage proposal before Mohan Babu. Manchu Manoj, who is yet to get married, is likely to marry the only daughter of an NRI and as a result the whole media business empire of his will be technically in hands of Mohan babu.