'Whether you will bring this down and cause hurt to senior citizens, who are probably living on that little interest rate that they earn out of it... But equally, if I just look at the kitty of the National Small Savings Fund, it is from that same kitty that I'm borrowing.'
This deal will make Music Broadcast, which currently operates 39 channels, the largest private FM Channel operator.
The finance minister said that consolidation of state-owned banks could proceed at any time without waiting for the recommendations of the proposed high-level committee on banking.
It will be the second FM radio operator to have listed on the BSE, after Entertainment Networks India Ltd that operates its radio business under the Radio Mirchi brand.
Earlier in the day, the ministry of external affairs "strongly advised" Indians to avoid travel to Iran until further notice, amid rising tensions and protests in the Islamic Republic.
The Union Budget on Sunday proposed a tax holiday till 2047 for foreign companies that provide cloud services to customers globally using data centres located in India, signalling the government's push to make the country a major hub for AI and digital infrastructure.
The Union Budget on Sunday proposed a tax holiday till 2047 for foreign companies that provide cloud services to customers globally using data centres located in India, signalling the government's push to make the country a major hub for AI and digital infrastructure.
India has managed high government debt-to-GDP, a slowing domestic revenue engine, lower household savings and a more hostile geopolitical environment separately in the past. But together, they threaten to undo the growth narrative on which today's optimism rests, warns Debashis Basu.
IPL Auction 2026 was not just about money; it was a celebration of ambition, opportunity, and the unrelenting belief that the next big star could come from anywhere.
'People message me on Instagram saying that because of your novel, I find happiness, it helps me deal with depression. When I see this, I realise that I'm doing something meaningful'
'It was like rigorously preparing for a solid, good exam...' 'I don't know what marks I will get, but I felt the rigorous preparation of an exam.' 'You may sweat, but I feel rejuvenated.'
As many as 13 key vacant private FM radio stations in five towns are likely to become the battle ground for six big national private FM radio companies in the next month's financial bidding of 96 vacant stations across 48 cities.
'It is not rigidity.' 'I am just sticking to what I believe very strongly in, particularly if you have been given an opportunity to serve the country....'
Micro dramas -- typically 30 seconds to one to two minutes long per episode -- are designed for mobile-first audiences.
After initial teething troubles, the FM channels -- Radio Mango of Malayala Manorama, Club FM of Mathrubhumi, Surya's SFM, Asianet's Best FM, Times of India's Radio Mirchi and Big FM of Reliance -- are picking up momentum, with old and new songs, humour and loads of entertainment. Listeners are even given tips about congested roads which have to be avoided and weather updates on a daily basis.
The generation of quality jobs and skill development should be the focal point, cutting across ministries and departments, asserts Nivedita Mookerji.
'The largest listenership for Vividh Bharati outside the country is in Spain.' 'The labourers who go there for the tomato-picking season feel cut off from their country and listen to Vividh Bharati to overcome their loneliness.'
The finance minister, in her Budget speech, should focus more on what she is directly responsible for, rather than on programmes where her role is largely supportive, notes Nitin Desai.
Russian President Vladimir Putin on Sunday proposed holding direct peace talks with Ukraine in Istanbul on May 15 without any preconditions, a move welcomed by Ukrainian President Volodymyr Zelenskyy, who insisted that Moscow must agree to a ceasefire first.
It's been a hectic weekend for Bollywood. While some stars attend award shows, many others go about their daily lives, like visiting the salon or going shopping.
'Don't let anyone tell you that you can't do something just because it hasn't been done before. Take that first step. Keep learning. Believe in yourself even when no one else does.'
Anil Ambani-led Reliance Broadcast Network Ltd (RBNL) today announced its foray into the regional television space with the launch of its Hindi entertainment channel - Big Magic. The channel, which will be targeted at the core Hindi heartland, will be launched on April 4.
The interest rate on these schemes have remained unchanged for over a year now.
The Union Budget 2025-26, while promising a new framework for smoother mergers and acquisitions (M&As), has plugged a major loophole on carry-forward losses for a total of eight assessment years between amalgamating company and amalgamated company from the date of loss instead of date of the merger. For all mergers effected on or after April 1, 2025, the losses can be carried forward only for the residuary period (counting from the date of loss).
While the capital spending is being maintained at 3.1 per cent of the GDP, a little more would have boosted economic growth even further, suggests Rajiv Memani.
'... there are challenges to overcome and the country needs money for that.'
Adlabs Films Ltd, which on Monday launched its first FM radio station - BIG 92.7 FM - from New Delhi will invest Rs 400 crore (Rs 4 billion) to set up its network spanning 45 cities in the country by April 2007.
'We wouldn't have had to face all this had our national leaders taken care to select a place for Sindhis and sent us there, instead of sending us all over to settle in places where the locals didn't want us.' 'They could have partitioned Sindh and given us a Sindhi state from its two Hindu-majority districts.' 'Wasn't that the logic of Partition?'
'Sudip sir keeps telling me that what I have done is very Hollywood.'
Finance Minister Nirmala Sitharaman is likely to hold pre-budget consultations with industry chambers on June 20, sources said. The budget for 2024-25 fiscal is likely to be presented in Parliament in the second half of July. Industry sources said the pre-budget consultation with Sitharaman would be preceded by a meeting with Revenue Secretary Sanjay Malhotra on June 18.
In a survey by BS reporters across India, a majority of the 25 CEOs who responded said they expected the FM to introduce amendments to the I-T Act which would reduce litigation in tax disputes between firms and the revenue authorities.
Anil Ambani's radio business, Reliance Media World, which operates radio station BIG FM 92.7, will list on the Bombay Stock Exchange and the National Stock Exchange on Thursday. This makes BIG FM 92.7 the second radio station to be listed on the stock exchanges.
The funding environment in India for startups is improving this year if one were to go by Bain & Company estimates. Five private equity (PE) investors that come on top on the criterion of deal size collectively put in $9 billion in the first half of 2024, surpassing their outlay for last calendar year, when it was $8 billion. At the top of the list is Swedish firm EQT, which acquired US-based and listed Perficient at an enterprise value of $3 billion, the deal being done by the Indian wing of the company. It has also added to its list by putting in $500 million in WSO2, a "software as a service" company, increasing its tally to $3.5 billion.
Big 92.7 FM, which plans to reach 45 cities, 1,000 towns and 50,000 villages, will see the group making an investment of Rs 400 crore (Rs 4 billion) towards transmission equipment, infrastructure and licencing.
Here is what your favourite celebrities have been upto.
The fear of news tailored by private players is a surprise in the internet age. If news websites, run by any entity, can reach out to everyone, why not radio, asks Nivedita Mookerji.
South Africa might have faltered at the finishing line but their maiden final appearance in the T20 World Cup earned them accolades from local and expatriate fans
Given the cut-throat competition in the FM radio space, radio companies are always on the look out for newer, untapped areas. And perhaps that is the reason why major radio stations such as Big FM, RadioCity and Fever FM have descended on the World Wide Web as well as the mobile platform.
Here's what your favourite celebrities have been up to.
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