NDTV (premier news channel in India) recently launched broadcast of their TV feed over the net using flash.
Quality is not that great but gets your news as seen by TV audience. I minesweeped their page for direct link. Good thing about direct link is that it will resize as per window height and width.
Also note that CNN IBN provides similar feed though they use Windows media streaming technology as opposed to Flash and feed quality is superior. Here is the direct mms link.