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  • Govt formulating new Broadcast policy to regulate OTT platforms: Minister

    After receiving the suggestions, inputs from the industry and public, the government will introduce it in the Parliament, said Minister of State for Information and Broadcasting and Parliamentary Affairs, L Murugan

  • In a future filled with electric cars, AM radio may be left behind

    An increasing number of electric models have dropped AM radio in what broadcasters call a worrisome shift that could spell trouble for the stations and deprive drivers of a crucial source of news in emergencies.

  • FM to cover 60% population by 2020: MoS I&B Rathore

    The Minister of State for Information and Broadcasting, during a day-long visit here, also called for FM productions to incorporate content with local significance and flavour.

  • Radio City operator Music Broadcast closes 12% higher at Rs 373 on Day 1

    Stock sees strong movements after opening 24 percent higher on Friday; the company plans to pare debt worth Rs 150 crore immediately through the fresh issue of proceeds

  • Here's all you need to know about Radio City operator's IPO

    The issue comprises a fresh issue of up to Rs 400 crore and an offer for sale up to 26.58 lakh equity shares by selling shareholders. The initial public offer will close on March 8.

  • Tune into your favourite FM radio to know more about insurance

    Beginning February 20, IRDAI has launched an insurance awareness campaign, in the form of radio jingles, for a period of six months

  • Radio Mirchi gets FM licence for 21 new cities

    The second batch of phase-3 auction was held between October 26 to December 14 last year.

  • ENIL Q2 net falls 70% at Rs 8 crore

    Its total income from operations was up 11.49 percent during the quarter under review at Rs 129.64 crore as against Rs 116.27 crore in the corresponding period of the previous fiscal, ENIL said in a BSE filing.

  • E-auction: 58 channels became provisionally winning channels

    "E-Auction of the Second Batch of Private FM Radio Phase III Channels commenced. During the day, four rounds of bidding took place," the ministry said.

  • DB Corp Q1 net profit jumps 62% to Rs 104 cr

    The company had posted a net profit of Rs 64.30 crore in April-June period of the previous fiscal, DB Corp said in a BSE filing.

  • Govt may garner Rs 5k cr from Phase 3 of FM auctions:Crisil

    The licence fee payable is estimated as higher of either 2.5 percent of one-time fee or 4 percent of gross ad revenue over the next 15 years. The amount is significantly higher than what the government earned in the first two phases together, which is estimated to be around Rs 1,500-1,700 crore.

  • Results of 1st batch of private FM radio phase III declared

    According to the results put out by the Information and Broadcasting Ministry on its website, the lone channel on offer in Delhi was bagged by HT Media Limited with a successful bid amount of over Rs 169.16 crore as non- refundable one time entry fee (NOTEF). The frequency spot selected for this channel was 107.2 MHz.

  • FM e-auction: Channel allocation of first batch ends

    The e-auction of the first batch of FM Phase III comprising 135 channels in 69 existing cities of Phase II had commenced on 27th July and over 32 days 125 rounds of bidding took place.

  • FM e-auction: 97 channels become provisional winners

    In a statement released, the Information and Broadcasting Ministry said that the aggregate reserve price of the FM radio channels was about Rs 459.8 crore.

  • FM auction: Govt to challenge two HC decisions on Sun TV

    A similar order has also been issued for approaching division bench of the Madras High Court to challenge a single bench order on July 23 allowing the Sun Group companies to participate in the auction.

  • DB Corp Q4 net profit falls about 16% to Rs 64 cr

    The company had posted net profit of Rs 75.92 crore in the January-March period of the previous fiscal 2013-14, DB Corp said in a BSE filing. Net sales of the company rose by about 7 percent to Rs 477.17 crore during the January-March period of the 2014-15 fiscal, from Rs 446.81 crore the year-ago period.

  • Will renew all radio stations in phase-III auction: DB Corp

    The company waited for almost five years for the phase-III auctions.

  • Have strategies in place to expand footprint: Sun CFO

    Sun CFO SL Narayanan expects the auction process to be transparent and balanced.

  • TRAI recos for reserve price for Phase-III FM radio

    It also recommended that the Reserve Prices in 11 border cities in the 'Others' category in Phase-III should be Rs 5 lakh per channel.

  • ENIL up 5%, govt to e-auction 135 channels of pvt FM radio

    Shares of Entertainment Network India climbed 4.8 percent intraday Friday after the government decided to conduct e-auction of 135 channels of private FM radio in 69 existing cities in 1st phase.

  • Radio City to double expansion, go public soon

    Radio City says it is banking on the fact that it is a debt-free company and has a strong footing on the margins front to ensure a successful fund-raising drive, whether through debt or an IPO.

  • CVC rejects I&B Min request on panel to oversee FM auction

    The Central Vigilance Commission (CVC) turned out a request by information and broadcasting ministry to nominate its representatives on a panel needed to supervise auction of phase III of FM radio stations.

  • Nokia 105, the company's most affordable phone arrives in India for Rs 1,249

    The Nokia 105 phone, the Finnish company's most affordable one to date, has been launched in the country.

  • FinMin creates committee to review sectoral FDI caps

    The Finance Ministry has constituted a committee to review Foreign Direct Investment (FDI) caps in various industry sectors, which will be headed by Economic Affairs Secretary Arvind Mayaram.

  • Budget Analysis: See high revenue for larger broadcasters, says ENIL

    The Union Budget last week permitted the expansion of the private FM radio space to 294 more cities. Prashant Panday, exec director & CEO, Entertainment Network India Ltd (ENIL), says he is now optimistic that the finance minister will give a definite thrust to the FM phase III rollouts.

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