This quarter and this year are exceptions for Zee Entertainment: CFO
There was a 5.4% decline in ad revenue. The overall revenue at Rs 2,048.7 crore had declined by about 5.4%. In the last five years, our ad revenue has grown 16% CAGR and our top line has grown 12%. In the same period, EBITDA has doubled. We expect margins to improve in the next few quarters.
India should become a content exporter: Crypt TV Founder
Davis, who entered into a content alliance with producer Vikram Malhotra’s Abundantia Entertainment last year, is on his second visit to India and plans to meet with Indian scriptwriters and directors along with Malhotra.
Dish TV’s merger talks with Airtel Digital stall
The potential merger of the two satellite television service providers could help Bharti fend off rival and billionaire Mukesh Ambani’s Reliance Jio Infocomm Ltd. that bought India’s leading cable operators Den Networks Ltd. and Hathway Cable & Datacom Ltd.
Zee Q3 results preview: Profit seen falling 18-21%
ICICI Securities expects Ebitda margins to decline 500 bps to 29.8 per cent.
Zee Q3 net profit dips 38% to Rs 348.60 cr, revenue down 5.5%
Media and entertainment firm Zee Entertainment Enterprises on Tuesday reported a 38 per cent fall in its consolidated net profit for October...
Zee Q3 results: Profit plunges 38% to Rs 349 crore, revenue down 5.5%
Zee's advertising revenue declined 16%. Domestic subscription revenue was up 21.7%.
Share market update: Media shares mixed; Dish TV climbs 4%
The Nifty Media index was trading 1.79 per cent up at 1868.55 .
#SeduceSomeoneInFourWords sets Twitter ablaze with memes & witty responses; Netflix & Durex India respond
The challenge took the Twitterverse by storm on Thursday morning.
Bank loan fraud: ED arrests 2 on money laundering charges in Hyderabad
The case pertains to the accused fraudulently availing loans, in connivance with others, from a consortium of banks and subsequent default of loans to the tune of Rs 1,768 crore, ED said in a statement said. "Investigation so far has unearthed 33 shell companies and more than forty contractors in this case," the ED said.
Share market update: Nifty Service sector index down; IndusInd Bank loses 6%
The Nifty Services sector index was trading 0.88 per cent down at 17565.45.
1/3rd of all passenger vehicles sold are UVs
India’s newfound love for utility vehicles has taken the share of that segment from a mere 13% of total passenger vehicle sales 9 years ago to more than one-third so far this fiscal. In 2010-11, the auto industry rolled out 78 new cars on roads and 36 new UVs. So far in this financial year, 53 new cars have been launched, & an equal number of UVs have been launched.
Stock market update: 19 stocks hit 52-week lows on NSE
Benchmark index NSE Nifty was trading 68.30 points down at 12294.0, while the BSE Sensex was trading 223.19 points down at 41729.44.
Broadcasters unite against TRAI's revised tariff order
Trai's move goes against the government's stated position of ensuring the ease of doing business, they said.
No interim relief to broadcasters by Bombay HC in tariff order case
Admitting the petitions from the Indian Broadcasting Foundation (IBF), and top broadcasters, the two judge bench of justice SC Dharmadhikari and Justice RI Chagla issued notice to Trai asking to respond within a week. The court will hear the matter or January 22nd.
Share market update: Nifty Services sector index flat; TCS climbs 1%
The Nifty Services Sector index was trading 0.12 per cent up at 17703.
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