TV Today Network Ltd, the company that operates India Today and Aaj Tak news channels, reported better than expected numbers for the Apr-Jun period, thanks to surprising resilience in its TV channel revenues.. India Today, which depends on advertising for nearly all its top line, saw revenue from its TV broadcasting business fall by about […]
Bhima Jewellers, one of the biggest gold retailing firms in Kerala, seems to have pulled its advertisements from Mathrubhumi due to ‘controversies’ over the printing of a novel by the publication group. “We give importance to public sentiments and wish to stay away from controversies of any kind. We have noted your concerns and have […]
The Supreme Court has refused to stay the sale of ‘Meesa’ (The Moustache), a Malayalam novel that has been in the news for offending certain organisations in Kerala, pending further deliberations. Hearing a public interest litigation filed by Delhi-based Malayali N Radhakrishnan, a bench headed by Chief Justice Dipak Misra asked for a translation of […]
Bharti Airtel said it has acquired a strategic stake in Juggernaut Books, a popular digital epublishing platform. Telecom companies in India are busy building or buying content companies in an effort to offer their own content on their networks. “The investment is in line with Airtel’s endeavour to build an open content ecosystem and bring […]
Cash-strapped Cyber Media India Ltd. said its sale of US unit TDA group will generate funds of $4.58 mln (30.43 crores). The deal for the sale of its wholly owned subsidiary TDA Group was announced yesterday. The company added that the subsidiary accounted nearly half of its revenue last year. Cyber Media has seen its […]
Cyber Media, a technology industry portal, said it sold its wholly owned subsidiary TDA Group to The Marketing Group. The deal is valued at $4.58 mln, subject to due diligence and regulatory approvals. TDA Group is engaged in marketing content and communications based in Silicon Valley, and was acquired by Cyber Media in 2008. The […]
Trent Ltd, which operates the various retail chains of the Tata Group, said US-based Amazon.com has agreed to buy a 26% stake in its fully-owned subsidiary Westland for Rs 95 mln. It will also get an option to buy out the remaining 74% from the Tatas. Before the transaction, the entire shareholding of Westland was […]
Eleven-year-old author Mallika Sinha has always wanted to write a book, since she was young. She started writing small stories and poems. When she was told that she should try writing a book, she thought of a suitable plot and the result of which is the publication of “Mirror Image” (published by Partridge Singapore). This […]
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 […]
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 […]
