Setting a new benchmark for apartments in the super-luxury segment in the national capital region, a local developer is offering 7,672 square feet of super area at a basic price ranging between Rs 13,500 and Rs 14,750 per square foot (sq ft), the highest in the region. The property is attracting keen interest in the market and analysts said it indicates the market for luxury properties remains strong as ever.
This lack of regular and detailed disclosure by companies or respondents lies at the core of the problem, one that has gained ground in recent weeks.
The govt was supposed to issue the CAS expansion notification by April 30. The expansion of the conditional access system beyond southern parts of Delhi, Mumbai and Kolkata, and subsequently to 55 more cities, may be further delayed with the Ministry of Information and Broadcasting seeking a detailed report from the cable industry on tackling piracy of pay channels after the system comes into effect.
The price-war has begun in the direct-to-home market with the country's largest DTH company Dish TV with over three million subscribers getting ready to offer its connection virtually free. Any consumer who wants to buy a Dish TV connection will not have to pay for the set-top box, the hardware essential to access DTH services, which normally costs Rs 2,500.
The proposal is aimed at arresting the decline in wireline services growth and spur availability of broadband internet access across the country. The move has been high on the agenda of Communications Minister A Raja for some time now.
The steel ministry has asked its finance counterpart to expedite the implementation of the measures that have been decided but not implemented yet to contain steel prices.
According to the ratings data released by the online media ratings agency Audience Measurement and Analytics Ltd (aMap) for April 25-27, SetMax not only got higher average viewership ratings than Star Plus between 8 pm and 9 pm, when the quiz show aired, but the average time spent on SetMax (40 minutes) was double what viewers spent on Star Plus.
In order to take on the competition posed by the direct-to-home (DTH) operators, large cable distribution companies will soon bring in their own digital-quality cable television offerings in select cities at competitive fees and offer quality service support.
The Competition Commission of India, the body that is supposed to take action against any abuse of market dominance, says it is helpless. FM had accused the domestic cement and steel industry of forming cartels to exploit consumers. He also warned the industry that if they did not mend their ways, the government would not hesitate to take tough measures and break the logjam. CCI was supposed to prohibit anti-competitive agreements, abuse by dominant players and regulate M&As.
Dish TV and Tata Sky, the country's two direct-to-home (DTH) companies, are expected to post losses in excess of Rs 1,400 crore for 2007-08 in their quest to expand the market by offering set-top boxes at subsidised rates. The companies have over five million subscriber homes across the country collectively.
Jairam Ramesh has taken over as the minister of state for power. According to him, the Tenth Five-Year Plan was a disaster in terms of capacity addition & so was the Ninth Plan. Of the target of around 41,000 Mw, only 23,000 Mw was added. In effect, the first 2 years will see an addition of almost the same capacity as the entire Tenth Plan. But achieving the Eleventh Plan target of 80,000 Mw is going to be a big challenge. He hopes to see at least 3-4 more projects in a year.
The Indian Broadcasting Foundation (IBF), the apex body of broadcasters, and Advertising Agencies Association of India (AAAI), a body that represents over 70 per cent of the television advertisers have decided to tigten their rules. All advertisers will now have to make payments within 60 days of airing the television commercials, failing which there will be a financial penalty and a possible boycott on all television networks. This 2-year agreement is valid till March 2010.
This has been agreed between the Indian Broadcasting Foundation, an apex body of broadcasters, and the Advertising Agencies Association of India, which represents over 70 per cent of TV advertisers in India and has over 120 members represented by leading advertising agencies and broadcasters.
Even as the government grapples with a surge in prices, a three-year old initiative to recast the index that measures wholesale prices is not getting anywhere fast. The revised index is likely to take at least another year to implement and may spill over into the tenure of the next government.
This means that if Star TV's bouquet of 14 channels is priced at Rs 88 in non-CAS areas (70 million cable TV homes), it can charge only Rs 44 or less from existing DTH operators like Tata Sky, Dish TV and new entrants like Big TV, Bharti and Sun Direct. But all broadcasters are charging more from DTH companies than from non-CAS cable homes.
Discovery Networks India Executive Vice-President and MD Deepak Shourie said that the DTH platform has been able to quickly penetrate cable homes by reaching out to 5 million subscribers within a couple of years. Discovery Communications globally offers channels such as Discovery Health, Military Channel, TLC, Science Channel, Investigation Discovery among others. The group might bring in one of these channels for the DTH platform, sources indicated.
The process may begin as early as November this year if the cable industry's plan, submitted to the ministry of information and broadcasting, is accepted. CAS has been implemented only in parts of these three cities. As the technology enables consumers to choose channels, the expansion will bring down the average monthly cable bill of about 7.2 million consumers in the non-CAS areas in these cities by almost half to Rs 150-Rs 200.
No less than 4.5 million government employees will soon have more money in their pockets. And they can thank Justice Bellur Narayanaswamy Srikrishna for it. Still, public records do not have much information on the man.
Trai has announced that it may fix prices of pay channels on the direct-to-home (DTH) platform in line with the Rs 5 per channel cap on conditional access system (CAS) services in Delhi, Mumbai and Kolkata. This move will lower the fees but hit the income of broadcasters from DTH companies. However, new DTH entrants will benefit from the move as their cost of content will decrease. For the 2 existing DTH companies, Dish TV & Tata Sky, the current rates are likely to continue.
The Defence sector is unhappy with the Sixth Pay Commission. The points of discontent include the fact that the Military Service Pay will only begin from the date of acceptance of the award possibly 3 months from now even as their civilian counterparts will get salary arrears from January 2006 onwards. Defence officers want to be compensated for the interim period vis--vis their civilian colleagues. They are also unhappy with the quantification of arduous service conditions.
© 2025 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances