Posted on: 24/05/2014 07:56 AM
ENIL’s free cash position as on 31 March 2014 stands at Rs 440 crore (Rs 4.4 billion). “The really good news is that the Phase III auction process has already started in April this year. We now believe auctions will happen before the calendar year is out,” says Prashant Panday.
Posted on: 14/05/2014 03:53 PM
Times of India has released version 3.0 of its iPhone and Android app. The latest apps boast of a sleeker design, enhanced user experience and a host of new features.
Posted on: 13/05/2014 08:16 AM
DB Corp’s EBITDA from the radio biz was up 89% to Rs 20.5 crore (Rs 205 million). Ad rev up 19.2% to Rs 80.1 crore.
Posted on: 10/05/2014 08:39 AM
HT Media’s consolidated net profit up 24%. Revenue from Fever FM grew 19% to Rs 93 crore. EBITDA up 129% to Rs 28.5 crore and EBITDA margin almost doubled.
Posted on: 08/05/2014 08:12 AM
Given its net cash of Rs 3.9 bn, Hindustan Media Ventures has enough fire power to speed up the expansion plans and penetrate markets deeper. Higher revenue generation from ad and circulation provided enough legs for the company to sustain topline growth in FY14.
Posted on: 04/03/2014 08:00 AM
Addressing the inventory crunch due to high demand from advertisers, My FM has hiked its advertising rates by 25% across its 17 stations with effect from 1 April.
Posted on: 03/03/2014 07:30 AM
Rakesh Jhunjhunwala’s RARE Enterprises purchases 1.5 mn shares of HT Media for total consideration of Rs 106.8 mn. The counter logs heavy volumes on BSE and NSE before ending the session on a high note.
Posted on: 25/02/2014 07:50 AM
I&B minister Manish Tewari has urged magazine publishers to focus on profitable growth by implementing cost control initiatives and adopting technology across key business performance areas such as planning, budgeting, customer relationship management and strategic outsourcing.
Posted on: 19/02/2014 02:19 PM
Amid stiff opposition from print media companies, the Readership Studies Council of India (RSCI) has decided to suspend the new Indian Readership Survey (IRS) data, which was released on 28 January.
Posted on: 17/02/2014 08:14 AM
For the first time, ICC issues a detailed advisory for the print media; protects exclusivity granted to its official sponsorship partners including Pepsi, LG, Hyundai, Castrol, Emirates, MoneyGram, Reebok and Reliance.