Reliance Jio Fiber, the wired broadband service from Reliance Jio, crossed the 1 million subscriber mark in November, but the company’s pace of customer additions showed a sharp slowdown during the month. The company added 43,198 Jio Fiber customers during November 2019, taking the total to 1.02 million. With over 10 lakh fiber users, Jio […]
Hathway Datacom, one of India’s top cable feed providers (MSOs) finally posted a profit after remaining saddled with losses for several years. The company was able to post a profit due to various factors, including a sharp fall in pay channel costs thanks to TRAI’s new tariff order and a reduction in its cable TV […]
Most of the channel packs currently available to cable and DTH customers are likely to disappear on Mar 1, given that broadcasters like Star, Sony and Zee have missed a 45-day window for making them complaint to new rules. This means that consumers who are currently subscribed to packs from Star, Zee, Colors and other […]
Mavis Satcom, which operates channels under the Jaya TV banner, has become the first broadcasting company to comply with regulator TRAI’s order to publish updated channel prices by end of day today. The company published prices of four channels and one bouquet. The channel prices remain unchanged and range from Rs 0.50 for Jaya Plus […]
Rahul Joshi, Managing Director of TV18, today said his company has no plans to sell its news business. “We’ve outrightly denied any such story in news. In news, the group remains absolutely committed to grow the business. “As you’ve seen, we’ve committed so much investments in digital, on television. So there’s no question of getting […]
Viacom18, the entertainment-focused joint venture of TV18 Broadcast and US-based ViacomCBS, will launch a new content app focusing on premium, English language content, CEO Sudhanshu Vats said today. Commenting on his company’s third quarter results, Vats said the app is currently undergoing beta testing. Viacom18 currently has two apps, Voot — which largely offers Indian […]
The Bombay High Court did not issue a stay on the implementation of the amended TV channel tariff order issued by TRAI on News Year’s day, but kept the possibility open when it takes up the case again on January 22. Broadcasters, under the aegis of Indian Broadcasting Foundation, had approached the Bombay High Court […]
TV18 Broadcast Ltd, one of India’s top three broadcasting companies, reported yet another quarter of declining advertising revenue, but the company’s profits zoomed due to cost cuts. Non-subscription revenue — which is mostly composed of advertising sales — fell by Rs 181 cr (16%) in October-December of 2019 compared to the same quarter of 2018. […]
Satya Nadella, the Indian-born CEO of Microsoft, has found himself at the center of a citizenship-related debate in India after he reportedly compared his situation in the US to that of Bangladeshi immigrants in India. However, a careful reading of Satya Nadella’s comments reveal that he did not support illegal immigration into India, but did […]
Even as the channel owners today took TRAI to the courts over changes to channel pricing rules, the regulator has issued a statement responding to their concerns. Broadly, it said the latest changes were required to overcome ‘teething problems’ associated with such a radical shift to a choice-oriented television distribution regime, but also criticized some […]
Tata Power said its solar unit has got a Rs 1,505 cr contract to set up a 250 megawatt solar power plant for India’s largest power producer NTPC. The contract, the biggest ever to be received by the company from an external customer, has to be completed in 20 months. With this order, the order […]
With just two days remaining for a deadline to file amended TV channel tariffs, a case filed by India’s big broadcasters in the Bombay High Court has been listed for hearing tomorrow in front of Justice SC Dharmadhikari. Broadcasters, including Star India, Zee Entertainment, Sony Networks and others, have come together under the banner of […]
Tata Steel said its European subsidiary, Tata Steel Netherlands Holdings, has refinanced its bank debt by raising term loan facilities of 1.75 billion euros. In comparison, Tata Steel’s European operations had reported a debt of over 2.2 billion euros as of March. “This represents a reduction of EUR 500 million versus the external debt outstanding […]
In a big relief for Tata Sons, the Supreme Court has stayed the order of the National Company Law Appellate Tribunal reinstating Cyrus Mistry as the chairman of the Tata Group. It also sent a notice to Cyrus Mistry and is likely to take up the case again after four weeks. Cyrus Mistry had filed […]
Bharti Airtel and Reliance Jio have released a list of supported mobile phone handsets that can be used with their newly launched ‘WiFi Calling’ feature. While Airtel supports only four brands — Apple, OnePlus, Xiaomi and Samsung, Reliance Jio’s WiFi calling can be activated on phones from 12 brands. Besides three of the four companies […]
Bharti Airtel and Reliance Jio have started enabling WiFi calling — routing the call via the user’s WiFi network even if cellular network is available — across the country on selected handset models. Models for which WiFi calling is being enabled include those from Apple, OnePlus and Samsung. Other models are likely to be supported […]
Anil Ambani group’s flagship telecom company Reliance Communications Ltd said it continues to have debt in excess of Rs 32,000 cr as of last week. It said it has total outstanding Rs 28,825 cr from banks and other financial institutions, excluding interest of Rs 6,840 crore on loans from banks and financial institutions. It also […]
Zee Entertainment Enterprises’ Zee5 has become the latest content app from a major Indian broadcaster to be added to Reliance Jio’s Fiber box, following close on the heels of Star India’s Hotstar and Sony Pictures Networks’ Liv. With this, Jio Fiber now offers apps from nearly all the major entertainment broadcasters of India with the […]
A day after Tata Sons filed a plea in the Supreme Court against a decision by a statutory body restoring Cyrus Mistry as its chairman, subsidiary Tata Consultancy Services also filed an appeal seeking a stay on the reinstatement of Mistry as a director on the information technology company’s board. Tata Sons is the main […]
SpiceJet, the fastest expanding airline in India, announced the launch of eight new international and domestic flights which will start from February 2020. Among the new routes is Ahmedabad-Jeddah, making the airline the first to do so. “Saudi Arabia’s commercial capital and a key transit point for thousands of Hajj pilgrims visiting Mecca and Medina,” […]
