Ducati onboards Ranveer Singh as brand ambassador

Ranveer Singh will amplify the Ducati brand across digital and offline marketing channels as well as be a part of unique Ducati experientials.

Ranveer Singh will also join Ducati at various experiential events in India and abroad, namely Bharat GP, MotoGP races in Asia-Pacific region, and World Ducati Week.

Government busts eight YouTube channels for propagating fake news

These eight YouTube channels had a cumulative count of almost 23 million subscribers. (Representational image by bruno neurath-wilson via Unsplash)

These channels include Yahan Sach Dekho, Capital TV, KPS News, Sarkari Vlog, Earn Tech India, SPN9 News, Educational Dost and World Best News. These channels were thoroughly fact checked by the Press Information Bureau.

Centre mulling increasing filming incentives for global production, says I&B secretary

Chandra said the government received six to seven applications from producers to film in the country under the incentive scheme but expressed displeasure that the initiative was not known to those in the animation and visual effects industry.

The government unveiled an incentive scheme for audio-visual co-production where the Indian co-producer can claim a cash reimbursement of up to 30 per cent on qualifying expenditure in India, subject to a maximum of Rs 2 crore.

Zee Learn, Essel Group’s educational arm, seals settlement deal with JC Flowers ARC

In its suit filed in Delhi Sessions Court, ZEE had argued that the article published on 21st February 2024 by Bloomberg, was false and factually incorrect, with a pre-meditated and malafide intention to defame the Company. (Image source: Moneycontrol)

Close to a month back, Chandra, had put forward the proposal of clearing debts owed to JC Flowers Asset Reconstruction Co., totaling an approximate sum of Rs 6,500 crore.

TRAI issues consultation paper on regulatory framework for broadcast, cable service review

The consultation paper on the new broadcast policy will be released within the next few days, said the TRAI chairman. He added that Telecom Regulatory Authority of India has completed the process of pre-conversation for a broadcast policy. (Image sourced from Moneycontrol)

Written comments on the consultation paper are invited from the stakeholders by 5th September 2023.

Essel Group’s founder Subhash Chandra navigates Rs 6,500 Crore debt settlement with JC Flowers ARC

CNBC-TV18 has learnt that as part of the agreement, Essel Group entities have committed to repaying Rs 1,500 crore within a span of seven months to JC Flowers. The terms of the settlement dictate that 15 percent of this amount would be repaid within the first 30 days, with the remaining 85 percent to be paid over the following six months, the sources said. (Image sourced from ZEE website)

Discussions for the repayment were underway for months now and it took close to a month for both parties to come to a settlement.

Three broadcasters vying for ISL broadcast rights

For the first time, ISL has floated an invitation to tender for the media rights for its tenth edition. (Representative Image: The Aztec Soccer Ball by Chaos Soccer Gear via Unsplash)

Following the conclusion of Disney Star’s five and four-year broadcast rights agreement last season, FSDL has initiated the process of soliciting tenders. FSDL has communicated this global tender to all stakeholders, anticipating the selection of a broadcaster within the forthcoming 15 to 20 days.

BCCI reduces base price for title sponsor rights to Rs 2.4 cr per match within India

There are back-to-back cricket tournaments during the festive period this year including the Asia Cup (August 30 to September 17) followed by the World Cup 2023 (October 5 to November 19) and brands want to capitalise on this.

This decision comes in the wake of subdued interest in high-priced cricket properties, compounded by the exit of new-age brands aiming to conserve their financial resources.