Tag: Media

CAIT seeks clarification from RBI over Paytm Payments Bank restrictions

It has been stated that several players such as PhonePe, Google Pay, and banks such as HDFC Bank and State Bank of India (SBI) are deploying several thousand salesforce to attract merchants which include kirana stores and retailers. (Image source: Moneycontrol Hindi)

CAIT National President B C Bhartia & Secretary General Praveen Khandelwal in communication to Das said that trading community fully supports the measures undertaken by the RBI, we respectfully request clarification on specific irregularities related to Paytm.

Spotify calls Apple’s plan for new EU regime “farce”

The streamer said in this beta launch, it will continue to innovate and iterate based on feedback from both users and artists. (Representative Image: Alexander Shatov via Unsplash)

Starting March, developers will be able to offer alternative app stores on iPhones, allowing them to opt out of Apple’s in-app payment system that charges up to 30 percent commission under the bloc’s new rules.

It is important to invest in regional content: Anurag Thakur

Thakur said, “4 lakh crore sale happened of local items. This happened after PM appealed for ‘Vocal for Local’ and he asked people to buy local products. This shows how much people consider PM.” (Image source: official website - anuragthakur.in)

The MIB minister emphasised the success of regional content by using the Indian Premier League (IPL) as an example.

Zee spent Rs. 427 crore in compliances to see through merger with Sony

After the deal was terminated in January, Zee apparently has reached out to the Sony executives to reconsider the termination and has also offered for talks this month.

Zee’s annual report also revealed that it spent Rs. 176.20 crore in FY23. Furthermore, it spent Rs. 190.39 crore in the first six months of the current fiscal year towards the merger. Even after this, the merger was called off.

Cable TV Regulation: IBDF seeks meeting with the Parliamentary Standing Committee

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)

This comes in the wake of the apex body of TV broadcasters being excluded from the deliberations that formed the basis of the report, ‘Regulation of Cable Television in India’.

Inside Story: Did Zee find a better suitor before Sony walked off?

GST authorities crack down on Zee Entertainment

There has not been one but many obstacles in the $10 billion Zee-Sony merger. Starting from regulatory hurdles, shareholder issues, to leadership disputes. Some sources claim Zee deliberately created the last-mile hurdles to scuttle the deal and look for greener pastures.

Sony is exploring new opportunities in India post Zee setback: Reports

On April 16, ZEEL had said that it has decided to withdraw the merger implementation application filed before the NCLT, Mumbai bench against Sony.

At a press conference in Tokyo, Hiroki Totoki, President, COO, and CFO of Sony assured that the setback with Zee will not hinder the company’s investment strategy.

MIB registers 106 MSOs, cancels non-compliant registrations

Experts urge Nepal to take decisive steps to curb malpractices and ensure the fair payment of subscription fees to foreign broadcasters. (Representative Image: Piotr Cichosz via Unsplash)

While the ministry did not share the number of non compliant MSOs, in October 2023, 477 MSOs were already marked non-compliant.