HT Media

NSE Announcements on HT Media

Posted by : MMB Messenger
Price when posted : [HT Media - BSE:Rs. 66.10 NSE:Rs. 65.40 when posted]

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Ht Media Limited has informed the Exchange that the Board of Directors of HT Media Limited (HTML) at its meeting held on November 28, 2008 has approved a proposal for demerger of Radio Business of HT Music and Entertainment Company Limited (HTME), a subsidiary company and vesting thereof into HTML, in terms of a Scheme of Arrangement and Restructuring u/s 391-394 read with Sections 100 to 104 of the Companies Act, 1956 between HTME and HTML and their respective Shareholders and Creditors, which is subject to necessary approval(s) / sanction of the concerned authorities and Honble Delhi High Court in the said behalf....

BSE Announcements on HT Media

Posted by : MMB Messenger
Price when posted : [HT Media - BSE:Rs. 70.00 NSE:Rs. 69.05 when posted]

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HT Media Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 28, 2008, inter alia, has approved a proposal for demerger of Radio Business of HT Music and Entertainment Company Ltd (HTME), a subsidiary Company and vesting thereof into HTML, in terms of a Scheme of Arrangement and Restructuring u/s 391-394 read with Sections 100 to 104 of the Companies Act, 1956 between HTME and HTML and their respective Shareholders and Creditors, which is subject to necessary approval(s) / sanction of the concerned authorities and Honble Delhi High Court in the said behalf....

J V for Mobile Mktg

Posted by : rvk41
Price when posted : BSE: Rs 60.60 ( 0.83 % ), NSE: Rs. 61.00 ( -1.13 % )

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Leading media house HT Media on Friday entered into a joint venture with UK-based mobile services firm Velti Plc. Firefly e-Ventures, a subsidiary of HT Media has acquired a 65 per cent stake in the new venture that will offer mobile marketing solutions to other media players, advertising and marketing agencies.

The business puts HT Media in league with telecom operators and value-added services companies catering to the mobile marketing segment with campaigns such as pop-up ads. Amit Garg, the business head of Firefly e-Ventures, will head the new business.

“HT Media Ltd is committed to the development of new media initiatives and, with Velti’s expertise in mobile solutions, we look forward to offering breakthrough and patented mobile based marketing services to our valued customers,” said Rajiv Verma, CEO of HT Media Ltd.

India is one of the fastest growing telecom markets with a subscriber base of over 300 million , and adding more than nine million every month.

For information,with regards
rvk41...

BSE Announcements on HT Media

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Price when posted : [HT Media - BSE:Rs. 62.30 NSE:Rs. 61.30 when posted]

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HT Media Ltd has informed BSE that the auditors have conducted the limited review of the unaudited financial results for the quarter ended September 30, 2008....