The company will use these investments to beef up hiring, scale up operations and explore new verticals, it added.
The Information and Broadcast Ministry has sought the recommendations of TRAI and the PCI on the proposal to increase FDI in the media sector by the DIPP.
Amidst a raging controversy over TV channels' ratings, the News Broadcasters Association(NBA) has written to I & B minister Ambika Soni seeking an independent audit of Television Audience Measurement (TAM) to know whether the agency's surveys accurately map the viewership.
The Information and Broadcasting ministry had earlier specified the last date for cable TV digitisation on June 30. The ministry is now likely to decide the deadline for digitization next week. CNBC-TV18‘s Ekta Batra reports that the National Broadcaster‘s Association (NBA) is asking for a no deadline movement.
Seeking to address the concerns of News Broadcasters, Telecom Regulatory Authority of India (TRAI) chief J S Sarma today by saying that "carriage fee" in the cable sector was expected to stay within a particular range and not reach astronomical figures.
An association of leading news channels has stoutly opposed the telecom regulator's decision to allow Multi System Operators (MSOs) to collect carriage fees from broadcasters and has asked the Government to review it.
Basketball's international federation (FIBA) has given its approval for locked-out National Basketball Association (NBA) players to compete overseas during the work stoppage, it said on Friday.
After acquiring a stake in NBA franchise Golden State Warriors, Indian expatriate and software entrepreneur Vivek Ranadive is now eyeing opportunities to invest in cricket's Indian Premier League (IPL).
NBA - Mavs get fire in the belly from Heat`s early celebrations
Shaquille O'Neal announced he was planning to retire from the NBA on Tuesday after a professional career spanning nearly two decades.
The most impressive player of the NBA playoffs comes up against the most scrutinized trio in professional basketball when Dirk Nowitzki and the Dallas Mavericks take on the Miami Heat in the NBA finals starting Tuesday.
The Miami Heat star players cast off their struggles and staged a furious finish to beat the Chicago Bulls 83-80 on Thursday and advance to the NBA finals.
Yielding to pressure from PMO and Madhya Pradesh Government, Environment Minister Jairam Ramesh on Friday agreed to lift the stop-work order against construction of last five spillway gates of Maheshwar Hydroelectric Project in the state.
The News Broadcasters Association (NBA) notes that the ICC has seen reasons and understood the true nature of the ICC CWC 2011 India - Sri Lanka final matches and restored accreditation to our Member Channels.
BCCI vice-president Rajiv Shukla today assured that the board is trying to reach an agreement with the ICC to remove the ban on Indian news channels from covering the final of the World Cup, to be held at the Wankhede stadium here tomorrow.