Radio City

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

Stellar listing: Music Broadcast debuts with 24% premium at Rs 413

Music Broadcast shares started off first day trade at Rs 413 on Friday, up 24 percent over issue price of Rs 333.

Stellar listing: Music Broadcast debuts with 24% premium at Rs 413

Music Broadcast shares started off first day trade at Rs 413 on Friday, up 24 percent over issue price of Rs 333.

Radio City operator to be listed on stock exchanges on Friday

Jagran Group firm had seen an oversubscription of over 39 times; firm to use proceeds to redeem its NCDs

Market Week Ahead: Record high seen on landslide BJP's UP victory, Jan factory data

The later part of the truncated week may see some correction amid consolidation due to the Fed policy meeting, say experts.

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.

Radio City chalks out expansion from Music Broadcast IPO funds

The initial public offering (IPO) of Radio City‘s operator Music Broadcast has opened today and will close on March 8. The price band for the IPO has been set at Rs 324 and Rs 333.

View: Why Radio City operator IPO deserves a look

With a post-issue market cap of close to Rs 1900 crore (price band of Rs 324 -333) this will be the second listed radio business after Entertainment Network India Ltd (ENIL, promoted by Bennett Coleman & Company).

Radio City operator's IPO subscribed 51% - Should you tune in?

Brokerage houses cite better leadership position, volumes to subscribe to the issue. However, challenges include tech challenges, dependence on few advertising agencies, among others.

Market Week Ahead: Exit polls to keep investors cautious; IPOs in focus

Investors are in the wait-and-watch mode, avoiding any fresh positions ahead of assembly elections results next week, and Federal Reserve's policy meeting on March 14-15. The two upcoming public issues will see a chunk of both domestic and foreign funds being routed into the primary market.

Radio City FM operator raises Rs 146 cr from anchor investors

Music Broadcast Ltd, a Jagran group firm that runs Radio City FM channel, today raised over Rs 146 crore by allotting shares to anchor investors ahead of its initial public offering on Monday.

Radio City operator's IPO to hit Street on March 6

Jagran Prakashan firm to make the offer through book building process and has roped in ICICI Securities as sole book running lead manager

Addition of Radio City a welcome move in radio space, says ENIL

In an interview to CNBC-TV18, Prashant Panday, MD & CEO of ENIL said the addition of Radio City would be a welcome move in the radio space.

Filed DRHP for Radio City: Jagran Prakashan

Jagran Prakashan's board has approved a buyback of 4.74 percent equity shares at Rs 195. In an interview to CNBC-TV18, RK Agarwal, CFO of Jagran Prakashan said that the company did not declare a dividend this year.

Workplace Excellence:Sneak peek into Dell, Radio City & UBL

This episode of SkillTree Workplace Excellence 2015 brings you the companies known for their exciting work practices and a lot more.

Expect 15% CAGR growth from radio biz: Jagran Prakashan

Jagran Prakashan on Friday demerged its radio business into single radio channel - Radio City, in which the company will hold 93 percent stake, Jagran's CFO RK Agarwal told CNBC-TV18.

ENIL, HT Media up on auction: IDFC mixed on FM radio stocks

ENIL has also acquired a third frequency in Hyderabad, which makes ENIL the only company to have three frequencies in any city. Additionally, it has received permission from Ministry of Information & Broadcasting to acquire four stations from TV Today Network.

Jagran Prakashan Q1 jumps over three-fold to Rs 179.97 cr

Jagran Prakashan Ltd (JPL), the publisher of leading Hindi daily newspaper Dainik Jagran, on Monday reported over three-fold jump in its consolidated net profit at Rs 179.97 crore for the first quarter ended June 30, 2015, driven by growth in advertisement revenue.

Jagran Prakashan completes acquisition of Radio City

Apart from Dainik Jagran, the group's publications include Midday, Naiduniya, I-Next, City Plus and Punjabi Jagran.

Cabinet approves FM radio phase III auctions

The auction will be on an ascending e-auction basis. Approval was also given to migration (renewal) of private FM radio licenses from phase-II to phase-III on payment of migration fee according to TRAI recommendations.

Jagran to acquire Radio City: Why it's a win-win

Jagran Prakashan, which owns one of the country‘s most-widely read newspaper (Dainik Jagran), today announced it would buy Music Broadcast Pvt Ltd (MBPL), which runs the popular Radio City FM channel.

Jagran Prakashan at 7-yr high on Radio City acquisition

Jagran Prakashan, which runs leading Hindi daily Dainik Jagran, said the all-cash acquisition of MBPL, which had a turnover of Rs 161.8 crore last fiscal, is expected to provide strong return on its investment.

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.