TV18 Broadcast Q3 net profit up 40 pc at Rs 205 cr
Shares of TV18 Broadcast Ltd were trading at Rs 27.20 per scrip on BSE
TV broadcasters move HC against TRAI's new tariff order
The TRAI had in December 2019 issued new tariff rules by which prices of the Network Capacity Fee (NCF) were lowered, benefiting consumers.
Nomura maintains buy on Sun TV, target price Rs 689
Overall revenues are likely to decline around 9 per cent year-on-year.
Analyst Calls: RIL, Sun TV, Hawkins Cookers, United Spirits
CLSA has maintained buy rating on Reliance Industries with a target price of Rs 2,010.
Share market update: Media shares up; Sun TV gains over 3%
The Nifty Media index was trading 0.81 per cent up at 1851.85 .
Television broadcasters to move court against TRAI
TRAI issued the amendments to its tariff order - which take effect on March 1 on Jan 1. It limited the discounting on TV channels bouquets to 33%, while also reducing the maximum retail price (MRP) of channels in those bouquets to Rs 12 from Rs 19.
TV18 Broadcast Q3 profit up 40% at Rs 205 crore
The company had posted a net profit of Rs 146.96 crore for the corresponding period of the previous fiscal, TV18 Broadcast said in a regulatory filing.
Share market update: Media shares mixed; Sun TV slips over 3%
The Nifty Media index was trading 0.42 per cent down at 1763.15.
OnePlus to start assembling TV sets in India
Premium smartphone maker OnePlus is going to start production of television sets in India from this quarter, seeking to make the country its production hub for global supplies.
In a smarter India, idiot box suffers a jolt
Industry executives said consumers shifted to consuming content on their smartphones and postponed upgrade of their existing television sets in urban and semi-urban areas with the popularity of over-thetop (OTT) services like Netflix, Amazon Prime and Hotstar. In rural India, poor sentiments largely impacted demand, much like most other consumer goods.
Iran TV shows launch of missiles targeting US bases in Iraq
Iran struck back at the United States early Wednesday for killing a top Revolutionary Guard commander, firing a series of ballistic missiles...
Xiaomi plans premium push in India through Mi
Under the new strategy, Xiaomi, which has so far focussed mainly on the affordable segment to become India’s top smartphone brand, will launch a number of premium phones under the Mi brand. Besides, it will expand the smart TV range with big-screen premium products. The company may also look at launching its concept phone, Mi Max Alpha, in India and elsewhere.
Share market update: Media shares decline; Sun TV falls 2%
The Nifty Media index was trading 1.56 per cent down at 1708.15 .
Sell Sun TV, price target Rs 411: CK Narayan
The analyst suggested a stop loss at Rs 430.
Samsung The Wall review: Delivers rich TV experience, but costs a fortune at Rs 3.5 cr
The price can go all the way up to Rs 12 crore.
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