SpiceJet has denied media reports that the Director General of Civil Aviation asked the company to refund the amounts for bookings made beyond 30 days from now. Several media, including the Times of India, reported that the company has been told to refund the bookings made beyond 30 days. SpiceJet has thousands of bookings stretching […]
In an especially strong attack against perceived threats to its Internet-based business, the Times of India group has sought regulatory intervention to ensure what is popularly called Net Neutrality, or the concept that internet service providers must charge only from the end consumer. In other words, the Times of India group wants TRAI to ensure […]
Film and entertainment rights holder Shemaroo Entertainment will kick-off its IPO process on Tuesday, when it will announce the dates on which the IPO will open. The IPO is likely to be conducted within September. There have been only two IPOs this year — those of Wonderla Holidays and Engineers India Ltd. Another one, Loha […]
In an unusually strong statement, India’s state airline Air India, which has been trying to make a comeback after mounting losses, accused a section of the media of spreading negative and baseless news against it to prevent its re-emergence. During Air India’s times of trouble, the Indian domestic aviation market has been captured by private […]
Faced with a hard -sell situation, corporates are gearing up to spend about 25-30% more on advertising this festive season as compared to the last year in consumer durables, electronics & auto taking the lead, according to an ASSOCHAM recent paper. The feedback from corporates suggest that the marketing teams of the companies engaged in […]
You are unlikely to read about the Telecom Regulatory Authority of India’s latest recommendations on Media ownership in tomorrow’s newspaper, or hear about it on tonight’s prime time TV. That is because it is perhaps the biggest ‘expose’ of the not-so-wholesome, behind-the-scenes activities in Indian media ever, except perhaps the famous Radia tapes issue. In […]
In a significant judgment, a Supreme Court bench headed by Chief Justice of India R.M. Lodha has ruled that truth can be a valid defence in contempt of court cases, and dismissed a case filed by BJP leader Subramanian Swamy against journalist Arun Shourie. In his petition filed in 1990, Swamy had requested contempt of […]
The ministry of information and broadcasting has imposed a one-day ban on transmission of two Assamese news channels, DY 365 TV and News Time Assam, for carrying a story alleging wrong relationship between an MLA and two young girls, including a minor. In the order, the ministry of information and broadcasting narrated the examination of […]
DOIT Creations Group, owned by Radha Kapoor, daughter of Yes Bank promoter Rana Kapoor, has picked up a big stake in business magazine BusinessWorld, which was recently sold by the Anand Bazaar Patrika group to Anurag Batra of Exchange4media and investment banker Vikram Jhunjhunwala. “I intend to contribute to the digital / online business development […]
Reliance Industries said it will spend Rs 4,000 crore to acquire control of Network 18 Media & Investments Ltd, the owner of the CNN IBN channel and sister concerns like CNBC TV18, IBN 7, Firstpost.com etc. The Mukesh Ambani firm will make open offer to acquire shares held by minority shareholders in Network18. The acquisition […]
Flipboard, often billed as the Google News of the mobile world, has won its first media client in India in the shape of Condé Nast, the global publisher that runs magazines such as Vogue and The New Yorker. Vogue India has become the first magazine from India to have a customized version made available on […]
The last two days have seen media barons pour scorn and outrage on Arvind Kejriwal and his Aam Aadmi Party for suggesting that the media is corrupt. The Editors Guild, a kind of industry lobby, seemed to be shaken by Kejirwal’s statement that an inquiry would be ordered into corruption in media and guilty journalists […]
Digital advertising has reached about 10% of the total advertising market in India, according to numbers from the annual FICCI KPMG media and entertainment industry report. Digital advertising, including mobile advertising and online advertising, was the fastest growing segment in 2013 at 39%, followed by radio, which grew by 15%. Among the laggards were TV […]
Firstpost.com was born due to the global financial crisis of 2008, Raghav Behl, founder of the Network18 group said. Speaking at the annual FICCI Frames conference, Behl said his group was preparing to launch a newspaper in 2008 when the global financial crisis struck. “Then we thought, why go into an old medium…but we wanted […]
A new BBC survey has underlined the importance of mobile phones in content consumption – especially news, and shown that Indians are ahead of others when it comes to using mobile phones for productivity purposes. The study, carried out among 6,000 smartphone owners in Australia, Germany, Sweden, India, Hong Kong and the US, found that […]
With many news channels turning into ‘noise channels’ in their race for TRPs, media and communication professionals need to introspect over the need for responsible communication, experts at a conclave said. Participating in deliberations in the two-day Global Communication Conclave that concluded last night here, media and communication professionals raised questions relating to journalistic ethics […]
