Daily Post 03-07-2019

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Wednesday, 3 July 2019

TOP STORY

Sun TV Network to deploy Rs 1700 cr capex between FY20-22

Sun TV Network Ltd (STNL) is planning to spend up to Rs 1700 crore between FY20 to FY22 as part of its capex plan. The cash-rich company will fund the capex through internal accruals.

Music Broadcast, Atria, ZEEL feature in top 100 list of great Indian cos to work for

Media conglomerate ZEEL, FM radio broadcaster Music Broadcast Ltd (MBL) and broadband player Atria Convergence have figured in the top 100 list of great companies to work for, according to Great Place to Work Institute’s rankings for 2019.

Eros International Media has made outstanding interest payments, says Eros Plc

Eros International Plc has stated that its Indian subsidiary Eros International Media Ltd (EIML) has made the outstanding interest payments. The non-payment of outstanding interest had triggered a ratings downgrade by CARE Ratings.

GST on ad spends needs to be rationalised at 12%: Ashish Bhasin

Dentsu Aegis Network CEO Greater South, Chairman & CEO India Ashish Bhasin has said that the Goods and Services Tax (GST) on ad spends needs to be rationalised at 12%. Currently, the GST on ad spends stands at 18%.

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