Aviation passenger traffic recovered to 96 percent during 2022-23

Before 2014, there were 74 scheduled operational airports in country and as on date there are 149 operational airports in the country. (Representative image by Artturi Jalli via Unsplash)

In the last twelve months, two greenfield airports namely, Rajkot in Gujarat and Shivamogga in Karnataka have been operationalised. In addition, new terminals buildings at Trichy, Ayodhya, Surat, Chennai, Tezu, Kanpur and Port Blair airports have been developed.

BCCI approaches Supreme Court for opinion on taxability of media rights

Last year, the Bombay High Court directed the BCCI to seek the opinion of the Supreme Court regarding the issue (Image source (from left to right): Moneycontrol and Unsplash)

BCCI is of the opinion that their sale of media rights do not fall under ‘franchise services’ and hence they are not liable to pay service tax.

TV’s share in ad spend to decline to 28 percent by end of 2024: Reports

The Ministry, in accordance with Regulation 15(1) of the Interconnection Regulation, 2017, mandated that every distributor of channels must conduct an annual audit of their system. (Representative Image: Piotr Cichosz via Unsplash)

Overall, the Indian advertising industry grew 8.6 percent in 2023 and is eyeing to touch Rs 1,01,591 crore 2024.

SEBI cracks down on ZEE Business guest experts; Rs 7.4 crore fine imposed by market regulator

SEBI categorised them in three categories. Kiran Jadhav, Ashish Kelkar, Himanshu Gupta, Mudit Goyal, and Simi Bhaumik were involved in giving trading advice to viewers, and hence have been bracketed as guest experts. Nirmal Kumar Soni, Partha Sarathi Dhar, SAAR Commodities, Manan Sharecom and Kanhya Trading Company have been termed profit makers and rest are enablers. (Image source: Moneycontrol)

Some experts barred from trading in the market until further orders.

NBDA concerned; states draft Broadcasting Bill may lead to arbitrary use of powers

NBDA conveyed its apprehensions regarding the disproportionate and stringent penalties prescribed under the Draft BSR Bill, including under the First Schedule for violating the Programme and Advertisement Code.

NBDA expresses concerns about equating OTT with traditional broadcasting services. Urges government to take light-touch approach in drafting bill.

RPSG Lifestyle Media to launch the US’s The Hollywood Reporter in India; Chairperson Avarna Jain shares plans

Avarna Jain, Chairperson, RPSG Lifestyle Media, says, "What strikes me about The Hollywood Reporter, is its constant need to change. From a weekly trade newspaper that was run by the industry for the industry, it metamorphosed in the mid 2000s to a glamourous weekly magazine fronted by the biggest stars, catering to lovers of film and entertainment. Over the last few years, it has adapted to digital mediums seamlessly, across geographies and platforms."

As the title gets set to launch in one of the world’s biggest film and entertainment markets, read Avarna Jain’s views on what The Hollywood Reporter (THR) will bring to the India market and what the Indian entertainment industry brings to the world.

Pokes, likes and dislikes: Political satirist and influencer Akash Banerjee on Big Tech and censorship

Akash Banerjee said, “There are many creators who would tell you that on Facebook, if you have something which is antithetical, which is a little bit anti -establishment, those posts seem to not do well, they seem to be suppressed. (Image via Youtube by @TheDeshbhakt)

Banerjee ranks YouTube the highest and X the lowest on weeding out hurtful content, but adds that news happens a lot on the microblogging site.

Digital media ad spends touch Rs 40,685 crore in 2023, surpasses TV adex: Reports

Mayank Pravinchandra Shah, vice president, Parle Products, stated, "Parle Products has been associated with IPL since the year of its establishment, which is 2008. Barring probably one or two seasons in between, we may not have looked at it because when you talk about a platform like IPL, we don't do it for the sake of sustenance or regular advertising. It's more of an impact-creating property." (Representative Image: Alexander Shatov via Unsplash)

Digital media is projected to grow at a compounded rate of 23.49 percent by 2025, reaching a spending share of 55 percent.

Anupam Mittal slams Indigo for “inhumane” treatment of passengers

On March 1, Google warned it may remove the apps of 10 companies in India for not paying a service fee for the use of its Play Store platform in India. (Image sourced via Moneycontrol)

Shaadi.com CEO and Shark Tank India judge Anupam Mittal slammed Indigo airlines for inhumane treatment of passengers.