Return of 'The V'

Read this interview, the last few questions of it. Given that Rajeev Chandrashekhar is a drinking buddy of the man and all this talk of his triumphant return to News X suddenly doing the rounds. In the furore of the past few days, a lot of this got buried, just like VP Singh's quietly unnoticed death. Has the deal already happened? And what does this mean for the several people who quit News X or in one high-profile case were physically removed from News X? I mean, that is, if the news is correct. And given Rajeev Chandrashekhar's tie-up with Star recently, would this, in some form or the other mean that Star might suddenly have an English news channel in India, albeit one with a slightly different ownership from the MCCS-controlled Star News (though 'The V' is very close to Aveek-babu also). It is all seeming very peculiar, but after the traumatic events of early-2008 (actually just read the entire January archive of posts), I cannot rule out anything. And after the hatchet job on Mike yesterday, Bunty and Babli are next in line for the Man. You read it here first!
Though, I still have my original question? Do we need yet another English news channel?