Tag: Media

Tata Consumer Products in pole position to win Rs 5500 cr race for Capital Foods

Several multinational and homegrown consumer companies, such as ITC, Hindustan Unilever, Orkla, Nissin Foods, and McCormick, have expressed interest in the sale process. (Image source: Moneycontrol)

Negotiations have been underway to determine the stake that existing shareholders will retain or whether they will exit entirely, with Kotak Mahindra advising TCPL on this matter. The original asking price was almost $1.5 billion (Rs 12,442 crore), but it has since decreased.

BCCI signs three-year partnership deal with SBI Life

SBI Life is one of the official partners for the BCCI Domestic and International Season 2023-2026. (Image sourced via X - @BCCI)

The partnership will commence with the upcoming three-match One Day International (ODI) series against Australia, starting September 22.

Elon Musk plans to charge users a monthly fee to access X

The memo signed by Elon Musk reads, "There is nothing I hate more, but it must be done. This will enable us to be lean, innovative and hungry for the next growth phase cycle."

Elon Musk plans to introduce a monthly fee on Twitter (now X) to combat fake accounts, he said during a live-streamed conversation with Israel Prime Minister Bejamin Netanyahu. Musk aims to monetise the platform and make it an “everything app.”

The Derma Co. clocks Rs. 350cr ARR; becomes second brand by Honasa after Mamaearth to achieve this

Bajaj Auto currently has 80 percent market share in the ICE segment. This serves as a substantial and efficient distribution platform for their electric offerings. (Representative Image: Annie Spratt via Unsplash)

The Derma Co. has achieved Rs. 30 Cr. monthly revenue in 41 months of its inception, outpacing Mamaearth, Honasa Consumer Limited’s flagship brand.

MIB asks TRAI to include giving TV distributors autonomy for bouquet pricing issue in consultation paper

The recent decision was taken under the provisions of the Information Technology Act, 2000 in consultation with other Ministries/Departments of the Government of India, and domain experts specializing in media and entertainment, women's rights, and child rights. (Representative Image: Glenn Carstens-Peters via Unsplash)

MIB has written to the TRAI Secretary to take into account AIDCF’S proposal to allow TV distributors autonomy to break broadcast bouquets.

Zee-Sony merger to take place by December this year

ZEE Media, through IDPL, to invest in NewsReach which calls itself a "PR solution platform provider connecting advertisers to their target audience."

If the proposed merger materialises, it will bring together over 70 television channels, video streaming services, as per reports.

TRAI releases recommendations on “Rationalization of Entry Fee and Bank Guarantees”

The framework provides for using cross-sector cooperation in carrying out RS testing with the help of other ministries and agencies.(Image source: News18)

In order to facilitate the orderly growth of the telecom sector and ease of doing business, TRAI has made recommendations to the government for reducing the entry fees across various license authorizations and the merging of bank guarantees.

BARC plans to charge Rs 15 lakh per annum from broadcasters for Respondent Level Data

In a letter that was released on February 13, the IBDF highlighted that it would make a detailed representation to the parliamentary committee which was headed by Prataprao Jadhav, member of parliament, Shiv Sena. (Representative Image: Erik Mclean via Unsplash)

Like the currency data, Respondent Level Data will also be released every Thursday by 2 PM to subscribers of this data.

Avinash Pandey re-elected as president of NBDA

Avinash Pandey started his career with The Indian Express assistant manager. He has also worked at TV Today.

MV Shreyams Kumar is re-elected as VP and Anuradha Prasad Shukla will continue as Honorary Treasurer of NBDA for the year 2023-24.

NBDA given four weeks to come up with fresh guidelines for self-regulation of media: Supreme Court

The bench comprising Justices Surya Kant and KV Viswanahan has informed the Ajit Pawar Group that serious action will be taken if the order wasn’t obeyed.

A bench made up of the Chief Justice of India D Y Chandrachud and Justices J B Pardiwala and Manoj Misra took into account the submissions that the NBDA was in consultation with current and former chairpersons Justice (retd) A K Sikri and R V Raveendran to frame a fresh set of guidelines.