Colors TV Channel is a new channel if you compare it with Sony, Star Plus and Zee TV but it is now one of the top television channel in India. So if you want to watch colors TV channel online, you can watch it officially. You pay to watch this channel on your TV but you can watch it online for free, it is 100% legal because it is provided by founders of Colors channel and you can watch this channel on Colors website. Colors is a family entertainment channel, however sometimes there is no family value on family entertainment channels.
To watch Colors TV visit this page: http://colors.in.com/in/livetv.html
However if you are going to watch you can visit Colors website to know more about shows, pictures, videos of serial stars, TV schedules, download wallpapers etc.