Nilesh Shah, MD & CEO, Envision Capital, says that he believes this winter sessions will probably be amongst the best sessions that we have seen in recent times. If the RBI pre-pone rate cut action then that might positively surprise the street.
The TRAI has recommended it will restrict the number of minutes of advertising time that all channels can carry to 12 minutes an hour. Vikash Mantri of I-Sec tells CNBC-TV18 that broadcasters might find it difficult to compensate via higher rates versus lower volumes.
Shares of broadcasting companies surged quite sharply in the afternoon trade today after CNBC-TV18 reported quoting PTI that the government may clear foreign direct investment (FDI) cap in broadcasting services.
Shares of broadcasting companies that own radio stations today surged in the range of 1-15% after the government cleared guidelines of the much-delayed FM Radio Phase-III expansion.