HT Media group’s ad-for-equity portfolio crosses Rs 500 cr

The Hindustan Times group, which runs a similarly named English newspaper and the Hindi daily Hindustan, said its total investment in various companies under its ‘ad for equity’ scheme has crossed the Rs 500 cr mark. Most large media houses in India offer a fixed amount of ad inventory in return for equity of the […]

Post COVID, Arvind Fashions tests new strategy for online

Branded apparel maker Arvind Fashions, which sells clothes under brands such as Arrow, Tommy Hilfiger, US Polo and Flying Machine in India, is trying a new strategy as far as its online business is concerned, said Director Kulin Lalbhai. While traditionally, garment vendors have looked at e-commerce as a way to get rid of their […]

Cable operators boost Bharti Airtel’s broadband growth

Bharti Airtel’s new strategy of tying up with cable operators has helped the company significantly speed up subscriber acquisitions in its wired broadband business and narrow the gap with Reliance Jio, which continues to be India’s fastest growing provider. Since introducing a new, collaborative model of joint roll-out with cable operators, Bharti Airtel’s monthly wired […]

Lockdown blues spells boon for matrimony sites

COVID-19 season has failed to make any dent in the growth of India’s matchmaking websites such as Matrimony.com, the largest. Going by the numbers, youngsters in the country seem to be finding more time for online matching making services during the COVID-19 era than ever before. In a year when most companies have seen double-digit […]

How Congress, BJP underestimated Pinarayi Vijayan

Keralites overwhelmingly voted to retain the government of Pinarayi Vijayan in Kerala, breaking from a nearly half-a-century-old tradition of swapping the party in power every five years. Several factors have helped ensure a second term for Vijayan, but perhaps the most crucial has been the decisive and efficacious leadership shown by the politician during the […]

GTPL to provide broadband via LCOs in 2 months

GTPL Hathway, one of India’s top five wired broadband providers, said it will start distributing its high-speed broadband service through local cable operators in the next two months. The company, whose broadband service is currently restricted to towns and cities, will also make the service available in thousands of gram panchayats across Gujarat by leveraging […]

Den Networks caps a year of declining sales, profits

Den Networks, a prominent Indian cable feed provider that is now part of the Reliance Industries group, today reported a set of disappointing financial performance numbers, capping a year of pain and degrowth. The company’s subscription revenue, which is overwhelmingly composed of the monthly subscription fees paid by cable TV subscribers, fell to 190 cr […]

Closure of Sterlite Copper turns India into a net importer of refined copper

The closure of Vedanta Ltd’s Tuticorin copper smelter in May 2018 has turned India into a net importer of refined copper, according to newly released government data. While India was a net exporter of refined copper to the extent of 3.34 lakh tonnes in the year ended March 2018 (prior to the shut down); the […]

Karnataka overtakes Gujarat, Raj to emerge No.1 solar state

Karnataka has emerged as India’s No.1 state in terms of installed solar power capacity overtaking early leaders such as Gujarat and Rajasthan, according to the latest numbers from the Minister of New and Renewable Energy, Government of India. According to these numbers, the south Indian state accounted for almost a whopping 19% of India’s total […]

India on track to meet 2022 renewable energy target: Govt

India has a whopping 77.17 gigawatt of renewalble power generation capacity either under implementation or in the process of being allocated for implementation, according to data from the ministry of new and renewable energy, Government of India. This is equal to about 83% of India’s total renewable energy capacity of 93 GW in place as […]

Kerala cable TV association starts voice calling service

Kerala Cable TV Operators’ Association, the biggest organization of local cable operators in Kerala, will inaugurate its much-awaited voice calling service on Thursday, March 25. This will make it possibly the first cable TV operators’ association in the entire country to diversify into voice services. It was one of the first to branch out into […]

FOREIGN AID: 2,742 NGOs lose FCRA clearance in 3 years

Government of India has canceled or suspended the eligibility of thousands of non-government organizations to receive foreign aid in recent years, according to data from the ministry of home affairs, Government of India. The biggest cull came in 2019, when it removed 2,171 NGOs from the list of organizations eligible to receive funds from abroad. […]

India’s new social media rules make it impossible for WhatsApp to function as before

The new rules for messaging apps announced as part of today’s digital/online media regulatory framework will make it impossible for WhatsApp to continue to operate in India in its present form. One of the key demands placed by the government in front of WhatsApp has always been that it should attach an origin-ID to all […]

Malls may take six months to normalize – Prestige Estates

Prestige Estates Projects, which operates some of India’s top malls such as Bangalore’s Forum Mall, said retail spending has recovered to around 70-80% of normal levels, though it may take several months for it to fully normalize. “The malls should be back in the next six months, they should stabilize fully. Hospitality should take a […]