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Radio City raises Rs 146.5 crore from anchor investors at upper IPO price band

Music Broadcast Ltd has raised Rs146.5 crore from anchor investors ahead of its IPO. Shares were allotted at the upper price band of Rs 333 per share.

Sun TV top spender in FM Phase III batch 2 auction; ENIL wins maximum frequencies

Hyderabad received the highest bid of Rs 23.43 cr. Sixty-six radio channels provisionally sold for over Rs 202 cr in 48 towns, with 200 channels finding no takers.

Radio City eyes valuation of Rs 1,900 cr, fixes IPO price band at Rs 324-333

Music Broadcast Ltd is looking at a valuation of almost Rs 1,900 cr through its public float. IPO price band is fixed at Rs 324-333 per share.

Radio City’s Rs 400-cr IPO to open on 6 March

Music Broadcast Ltd, a Jagran group firm which runs its radio biz under Radio City brand, will set the tone for the first IPO in the media and entertainment sector in 2017. The IPO will open on 6 March and close on 8 March. It will seek to raise over Rs 400 crore.

Lokmat appoints Paperboat Brandworks as its creative AOR

Lokmat has appointed Paperboat Brandworks as its creative AOR for the flagship Marathi newspaper Lokmat.

Lokmat Media ropes in Ayaz Memon as editorial advisor, sports

Lokmat newspaper has roped in Ayaz Memon as editorial advisor, sports to bring in the latest sports analysis, updated coverage and sports opinion columns.

Big FM to air new show ‘Lamhe With Mantra’ from 14 Feb

Big FM is launching a new show ‘Lamhe With Mantra’ from 14 February at 9 pm, Monday to Friday across HSM.

Radio City launches new station in Kolhapur, its 11th in Maharashtra

Radio City has become the leading radio network in Maharashtra with the launch of its new station in Kolhapur. With the new launch, Radio City now boasts 11 stations in Maharashtra.

Big FM to launch show hosted by TV actor Manav Gohil

92.7 BIG FM is all set to launch a new show hosted by television actor Manav Gohil for its listeners in Gujarat.

I&B ministry gets 5.96% hike in 2017-18 budget allocation

FM Arun Jaitley has hiked grants to I&B ministry for 2017–18 by 5.96% to Rs 4,409 crore compared to Rs 4,161 crore in the ongoing fiscal year.