Imran Fazal – Page 20

Investigation committee gives clean chit to ZEE, submits report to the board

Zee Entertainment reported a 180 percent jump in its profit in the December quarter.

Following the submission of its findings, the Board has advised the Company to proactively settle any pending adjudication proceedings with SEBI in a timely manner, in the interest of shareholders and all stakeholders of the Company.

EXCLUSIVE: Broadcasters and DPOs clash as TRAI receives mixed feedback

MIB has also highlighted certain issues that may be considered while formulating recommendations for digital radio broadcast policy.

With divided industry voices and absence of robust primary data on subscribers and revenue generation, TRAI’s route to prescribe robust regulatory framework is likely to face hurdles affecting growth of the broadcasting sector.

Esports get the green light, but RMG faces red flags in Tamil Nadu

N. Muruganandam, Chief Secretary of the Tamil Nadu government, had hinted at banning certain games and noted that online gaming addiction among children has grown, leading to harmful effects. Including esports in the CM's trophy clearly showcases Tamil Nadu government's plan to restrict pay to play games in the state.

Storyboard18 was the first to report that the Tamil Nadu government is considering an Australia-like gaming policy, which would age-restrict social media and gaming platforms.

Bharti Airtel in advanced talks to acquire Tata Play

Airtel’s vice-chairman and managing director, Gopal Vittal, proposed extending the digital consent acquisition (DCA) framework to OTT platforms, enforcing Know Your Customer (KYC) verification for users, and integrating these services into a centralised spam blacklist system.

Airtel is expected to acquire Tata Play at a valuation similar to that of the Temasek deal.

Tipplers to raise their bar this festive season, premium liquor in demand

India’s $32-billion liquor industry is projected to grow by an additional $7 billion by 2028, according to London-based drinks consultancy IWSR.

Liquor brands have increased their ad spends by 15-20 percent focusing on digital and experiential mediums.

Return Rs 148 crore to insolvent Siti Networks, NCLT orders lenders

Siti Network, part of the Essel Group, is undergoing insolvency proceedings.

Asset Reconstruction Company (India) Ltd, one of the creditors, had filed a petition alleging certain other creditors had unlawfully withdrawn funds from Siti while a stay on the insolvency proceedings was in effect.

Ferrero exploring local licenses for branding and merchandising

Rafaello will be imported from Poland and will be available in outlets equipped to store the chocolate at the required controlled temperature.

Ferrero’s Kinder Joy recently collaborated with Wizarding World for its Harry Potter license, and the company has been associated with other global licenses such as Tom & Jerry, Hello Kitty, Batman, and Disney Princess.

EXCLUSIVE: MG Motor to launch its merchandise collection in India

MG Motor entered the Indian market in 2019 with MG Hector, a British brand. Since then, the company has been in the market with their technology-driven, luxurious and innovative cars like Astor, Gloster, ZS EV and Comet.

The automobile company will first enter the licensed eyewear segment and later expand its merchandise line to include apparel.

Huge win for Reliance, Modi govt approves transfer of License from Viacom18 to Star India

Star India's standalone net profit was Rs 1,465 crore in FY 23

RIL, Viacom18 and The Walt Disney Company (Disney) signed the binding definitive agreements to form a joint venture that will combine the businesses of Viacom18 and Star India.

TRAI releases consultation paper on Digital Radio Broadcast Policy

The Central Government will now review TRAI’s recommendations before finalising the regulations under the Telecommunications Act, 2023.

All India Radio (AIR) has initiated digitization of its analogue MW and SW radio broadcast network and replaced its existing 38 analogue transmitters with digital transmitters.