Tag: Media

General Elections 2024: Political parties to spend up to Rs 13,000 crore on advertising

In 2024, Glance recorded billions of impressions globally, with sports (252 billion glances), entertainment (146 billion), and travel & lifestyle (99 billion) leading user interest. (Image source: Moneycontrol)(Image source: Moneycontrol)

Ruling party and top spender BJP will lead the pack in advertising expenditure for the 2024 general elections in the world’s largest democracy.

RBI instructs Mastercard, Visa to stop card-based commercial transactions: Report

The flow of money towards non-KYC-ed merchants, who are not authorised to accept card payments as merchants, might have led the regulator to take the step. However, the exact reason is not known, according to the report. (Representative image by cardmapr.nl via Unsplash)

Transactions being done at other business outlets who might not be authorised to accept card payments have been temporarily halted.

Radio Mirchi revenue surges 21 percent; Profits see 108 percent increase in PAT

EBITDA stood at ₹44.3 crores boasting a 33 percent margin and demonstrating a substantial 36.4 percent YoY improvement, primarily driven by robust top-line growth. (Representative Image: Paul Einerhand via Unsplash)

The Company announced a PAT of ₹21.6 crores for the quarter, marking an impressive 108 percent YOY growth. PAT for Dec’23 YTD reached ₹32.9 crores, a significant turnaround from the loss of ₹2.5 crores reported in the same period last year.

Punit Goenka says ZEE’s “tightening belt on manpower”, calls for “frugality’; some layoffs likely

On November 28, AGM (Annual General Meeting) will be conducted where shareholders will discuss the strategic direction of the company moving forward, stated a media report. (Image source: Moneycontrol)

Punit Goenka had said “no layoffs” due to the failed Sony merger, after the deal with Sony crashed in January. Now he warns of some layoffs as Zee revisits plan as standalone entity after Sony terminated the merger

ZEE troubles mount; Star India sends letter to Zee alleging breach over ICC cricket TV rights deal

Star India, on September 16, filed a 'statement of case' before London Court of International Arbitration (LCIA) in which it declared termination of the alliance agreement and sought the damages in the now-terminated ICC TV rights deal case, from Zee.

Star alleges non-payment of instalment for ICC sports rights deal; Zee claims Star has not acted as per the agreement.