Ministry of I&B schedules pre-bid conference for FM Radio Phase-III auction on October 28

In August, the Union Cabinet approved the proposal for the conduct of the third batch of ascending e-auctions for 730 channels in 234 new cities with an estimated reserve price of Rs 784.87 crore under the Private FM Radio Phase-III Policy. (Representative Image: Kabiur Rahman Riyad via Unsplash)

On October 14, the Ministry of Information and Broadcasting issued a notice inviting applications for e-auctions of third batch of Private FM Radio Phase III channels in 234 cities with 730 channels.

India will be an intelligence market, RIL’s Mukesh Ambani tells NVIDIA’s Jensen Huang after striking AI partnership

“Reliance and Nvidia are partnering to build AI infrastructure in India,” announced Jensen Huang at the NVIDIA AI Summit on October 24 in Mumbai. He also said that PM Modi had asked him to address his cabinet about artificial intelligence six years ago.

Nvidia AI Summit Live: AI models will help our employees become super employees, says Jensen Huang

We have democratized computer graphics, says Huang.

“When we decided to name Nvidia, i just really loved that it sounded like a mystical place. It sounded like a great place.” Nvidia’s founder and CEO Jensen Huang also spoke to RIL Chairman Mukesh Ambani, announcing a partnership between NVIDIA and Reliance to build AI infrastructure in India.

Govt working on new broadcast policy to regulate OTTs

To regulate the OTT content, the Ministry of I&B is formulating a new Broadcast policy that is currently in the public domain to elicit views from the public and other stakeholders.

The Minister of State for Information and Broadcasting and Parliamentary Affairs, L Murugan said that after receiving the suggestions, inputs from the industry and public, the government will introduce the policy to regulate OTTs in the Parliament.

I&B Ministry ‘suspends’ work on draft Broadcasting Bill

A research report titled The Effectiveness of Tobacco Disclaimers on OTT Content Services by Koan Advisory Group, published in May 2023, found that OTT content does not significantly influence smoking habits in India.

While the first draft was made public, the second draft of the Broadcasting Services Regulation Bill was circulated among select stakeholders in July 2024. It eventually was withdrawn by MIB saying it will ‘soon release the fresh draft’.

5 founders championing mental health: Conversations and strategic investments

Mental health is no longer a silent crisis in the workplace—it’s an urgent issue affecting productivity, employee well-being, and overall business success. For entrepreneurs, addressing mental health is not just a compassionate move, but a strategic necessity. (Image source: Unsplash)

As mental health awareness continues to grow, several Indian founders are not only sharing their personal journeys but also backing ventures in the mental wellness space. Here’s a look at the key industry leaders aiming to improve mental health and wellness.

WPP India revenue grew 2.3% in September quarter led by GroupM

The revenue less pass-through costs for the advertising giant WPP in India stood at 6.2% for the September quarter’24. CEO Mark Read says that the agency saw growth in North America, Western Continental Europe, and India, though trading in China remained difficult.