ET was the first to report on March 18 that Bharti chairman Sunil Mittal had initiated talks with the Essel Group promoters to merge their DTH operations. The move had come after Mukesh Ambani’s Reliance Jio took a controlling stake in two of the country’s largest multisystem operators – DEN Networks and Hathway Cable & Datacom.
The newly elevated leadership team — all managing partners at OML prior to these appointments — will take on their new roles with immediate effect, leading OML into its next phase of growth and expansion. Ajay Nair will continue in his role as managing director of the company, focusing on new opportunities.
The service has recorded 265 million monthly active users and over 1200 channels from Indian creators have crossed the 1 million subscriber mark in 2019, from about 300 in 2018. Indian women are also making their presence felt on the platform as over 120 or about 10% of these channels are run by women.
The skill has audio as well as video content in both English as well as in Hindi.
Suneel Darshan, the proprietor of film production company Shree Krishna International, had filed a suit for permanent injunction against Google India and YouTube, and their US parent, in 2011, in the district court of Gurgaon for infringement of his copyright.
India has cemented its position as the second largest market for LinkedIn, the Microsoft-owned professional-networking firm, with a 24% jump in its Indian user base in the past one year, taking the total to over 62 million users, second only to US.
This is Nodwin Gaming's first senior management appointment. Kedia will be based out of Mumbai where the company will open the first regional office. “It's an exciting time for the firm as the overall e-sports scene in India is on the cusp of exponential growth,” said Akshat Rathee, founder and MD, Nodwin Gaming. “We are thrilled to have Sid joining us as the CEO at this time.
Inlogic’s content and brand positioning in the mobile gaming space will allow Comviva to venture into new markets. Additionally, Comviva’s reach in emerging markets in Middle East, Asia Pacific, Latin America and Africa combined with its content discovery platform, Mooditt Digital Store, will help Inlogic to expand its presence globally.
An old hand at the Essel Group, Himanshu Mody was heading the group’s finance & strategy vertical, for its businesses in Media & Entertainment, News & Information, Education, Infrastructure, Gold Refinery, Gaming, Wellness and Lifestyle. He was spearheading the entire divestment process at Essel Group.
Sony will own a majority 51% stake in the proposed JV, while TV18 will own the remaining 49%. As part of the deal, the two companies will transfer 100% of SPN, 51% of TV18’s share in Viacom18 (US entertainment conglomerate Viacom Inc owns 49% in Viacom18) and 100% of Jio Studios business to the new entity, one of the sources said.
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