HITS is a new cable-distribution platform that is similar to the direct-to-home service. It allows distribution of digital-quality cable channels via satellite to cable operators at one go. For consumers, it means access to quality cable channels via a set-top box at reduced monthly rates, while for the cable industry, it means faster and cost-effective digitalisation.
The stalemate still continues over the China-bound United Arab Emirates Air Force aircraft detained at the Netaji Subhash Chandra Bose International airport in Kolkata after arms and ammunition were found on board as the Customs authorities are yet to get green signal from the Ministry of External Affairs.
Former Indian Premier League commissioner Lalit Modi on Monday blamed the International Cricket Council and the Board of Control for Cricket in India for scuttling the Indian Cricket League.
Apprehending that some of its MLAs may not toe the party line, especially as BJP-backed Chandra had claimed support of at least two INLD MLAs, a dozen-odd legislators of the party were on Monday sent off to the hill station in Uttarakhand.
In a surprise decision, the Board of Control for Cricket in India (BCCI) on Wednesday agreed to lift ban on players associated with the rebel Indian Cricket League (ICL) if they severed their links with the Subhash Chandra-owned League. BCCI president Shashank Manohar said the decision was taken after some ICL players and their support staff met the Board members and admitted committing mistake by joining the ICL.
Rejecting the Prime Minister's Office's refusal to provide a list of classified files relating to Netaji Subhash Chandra Bose, the Central Information Commission has asked it to make public a list of 29 such files.
The rebel tournament of Zee group chief Subhash Chandra, the Indian Cricket League, is set to take birth at Chandigarh's Tau Devi Lal stadium on Friday.
With a whopping Rs 303.15 crore profit they earned in the year 2007-08, the Indian cricket Board (BCCI) tops the SportzPower Money List rankings for being the most influential sports entity. The rankings have been made on the basis of the entities' financial clout and their influences on sporting arena.
Liquor and airline baron Vijay Mallya, auto major Hero Honda and leading telecom company Reliance Communications have started negotiations with the Board of Control for Cricket in India (BCCI) to buy the rights of teams that will play in the Twenty20 tourney, which was announced to counter Subhash Chandra's Indian Cricket League (ICL).
In what could be termed as a major breakthrough for the 'rebel' Indian Cricket League, the President of the International Cricket Council David Morgan on Thursday agreed to meet ICL representatives and hear their case.
Indian television industry is estimated to grow at a compound annual growth rate of 13-15 per cent and reach about $11.45 billion by 2014, a top industry official said.
Income tax officials on Monday conducted surveys at offices of engineering major Larsen & Toubro and media firm Zee Group for alleged GST evasion, an official of the tax department said. When contacted, L&T neither confirmed nor denied the development, while the media group has confirmed the tax survey. The tax official said surveys have been carried out at many L&T premises in the city, and in case of Zee, the surveys are underway at all its offices across the country since morning.
At least half a dozen foreign satellite firms with over 100 C-band transponders have initiated their talks with domestic media firms which are interested in launching headend-in-the-sky cable distribution platform.
His comments came amidst a fierce attack that BJP mounted on the UPA for its range of plans aimed at the uplift of minorities, especially Muslims, in the light of the Sachar committee report.
Trai, consumer groups need to do some homework on the economics of their insistence.
In the cable business, the group is connecting directly with subscribers by taking control of last-mile connections and has lined up Rs 500 crore as infrastructure investment.
Zee Telefilms Ltd has formally demerged the company into three entities effective December 18, after it received Bombay high court approval for the split.
Zee Telefilms said on Wednesday demerged shares of the company, after hiving off the news and cable businesses, will start trading on the stock exchanges from December 18 while the new entities would be listed in January.
Grandhi Rao shot into the limelight with his winning bid to privatize India's second-largest airport and a public offering that made him a billionaire. Now he has to live up to the hype.
The Essel group would invest close to Rs 500 crore (Rs 5 billion) in the next five to seven years to expand operations under its education portfolio to take the number of schools to 300, a top company official said.
The Prime Minister's Office is considering declassification of some files on Netaji Subhash Chandra Bose in a move expected to bring to light fresh information about his mysterious disappearance.
The STAR India-Bennet, Coleman & Company (BCCL) combine, Subhash Chandra's Essel Group and TV 18's HomeShopping 18 are among those who will air home shopping channels in the next couple of months.
This will help expand the distribution channels, said Subhash Chandra Khuntia, chairman of the insurance regulatory and development authority of India.
Debt funds have exposure of nearly Rs 8,000 crore to Zee group papers. Aditya Birla MF, HDFC MF, Franklin Templeton MF, and ICICI Prudential MF have the highest exposure, reports Samie Modak.
The Indian Cricket League is offering the pace ace a "staggering" sum to play in the tournament.
The match fees of the Ranji Trophy players would be increased to Rs 35,000 per day.
As more and more players join Subhash Chandra's Indian Cricket League, the Board of Control for Cricket in India has threatened the players.
Promising 21-year-old batsman Ambatti Rayudu is among the cricketers who have reportedly aligned with the Subhash Chandra-owned Essel Group's parallel venture.
It has been known for long that The Times Group (Bennett, Coleman and Company) is the largest. While the News Corporation-owned Star Group briefly lay claim to number two spot, it is now clear that Subhash Chandra's Zee is way ahead of its former partner and now arch rival. At Rs 3,732 crore, the Zee Group is India's second-largest media firm.
Subhash Chandra Agrawal, a businessman entered the record book for writing maximum letters in a life span, while his wife Madhu Agrawal for writing maximum letters in a year. Agrawal has written 3,699 letters till January 31, 2006, and his wife penned 447 letters in 2004.
Earlier, the minister visited the site of the Indian National Army memorial and described it as a "poignant moment".
A JetLite aircraft with 139 people on board suffered damage to its tail while taking off from Mumbai on Wednesday but managed to land safely at the National Subhash Chandra Bose Airport in Kolkata.No one was injured in the incident described by the airline as a 'tail scrape'. In a statement, JetLite claimed that "at no time was the safety of the passengers and crew compromised" in the incident. The tail of the Kolkata-bound Boeing 737 was damaged while taking off from Mumbai.
Back in the BCCI's fold after resigning from the 'rebel' Indian Cricket League, Rohan Gavaskar is now eyeing a comeback to the Bengal Ranji Trophy team, which he once captained.
The state government has begun the process to acquire land for the university.
It has been the poor man's Madame Tussads for years but the private wax museum, a star tourist puller in the hill resort town of Udhagamandalam (Ooty), is on the verge of 'melting down' following lack of patronage and 'indifferent' attitude of local authorities.
In an open letter to Zee's shareholders, Invesco, which holds a 7.74 per cent stake in the firm, reiterated its demand for an overhaul of the media group's board and that it would pursue extraordinary general meeting (EGM) to oust chief executive Punit Goenka and two other directors. Last month, Sony Group Corp's India unit signed a non-binding offer to buy Zee.
The Bharti group has applied to the government for a licence to operate direct-to-home television services.
