ArdorComm Media Group

Tuesday, June 30, 2026 2:10 PM

Author name: admin

India’s Covid positivity rate past 1 per cent again after two months

According to data published on Monday by the Union Health Ministry, India’s Covid case positivity rate surpassed 1% for the first time in over two months, as the country saw a single-day increase of 3,157 infections and 26 fatalities. According to the data, the increase boosted the country’s entire Covid tally to 4,30,82,345 cases and 5,23,869 deaths. The number of active cases increased by 408 in a 24-hour period to 19,500, according to figures updated at 8 a.m. After a little more than two months, the daily positivity increased to 1.07 percent, according to the ministry. On February 27, it was at 1.11 percent. According to the health ministry, the weekly positivity rate was 0.70 percent. The percentage of all coronavirus tests that yield a positive result is referred to as the positivity rate. A greater positive rate indicates that the virus is spreading more quickly. With the additional 26 fatalities reported, the death toll has now risen to 5,23,869, with 21 of them from Kerala alone. Active cases account for only 0.05 percent of all infections. The COVID-19 recovery rate in the country was 98.74 percent, according to the health ministry. The number of persons who have recovered from the disease has risen to 4,25,38,976, with a 1.22 percent case fatality rate. The total number of doses given out in the country as part of the nationwide COVID-19 vaccination effort has surpassed 189.23 crore. On August 7, 2020, India’s COVID-19 tally surpassed 20 lakh, followed by 30 lakh on August 23, 40 lakh on September 5, and 50 lakh on September 16. On December 19, it exceeded the one-crore mark. On May 4, India passed the two-crore mark, and on June 23, it passed the three-crore mark. Kerala has 21 new fatalities, Odisha has two, while Karnataka, Uttar Pradesh, and West Bengal each have one. So far, the country has reported 5,23,869 deaths, including 1,47,843 in Maharashtra, 69,068 in Kerala, 40,102 in Karnataka, 38,025 in Tamil Nadu, 26,175 in Delhi, 23,508 in Uttar Pradesh, and 21,202 in West Bengal. More than 70% of deaths, according to the health ministry, were caused by comorbidities. “Our figures are being reconciled with (those of) the Indian Council of Medical Research,” the ministry wrote on its website, adding that the state-by-state distribution of figures is still being verified and reconciled. Source: PTI

India’s Covid positivity rate past 1 per cent again after two months Read More »

ArdorComm- Higher Education and EdTech Conclave & Awards 2022, Pune, Maharashtra; #HEETpune

ArdorComm Media Group (A Media Start-up) is glad to host ‘HIGHER EDUCATION and EDTECH CONCLAVE & AWARDS 2022’ as the 1st & Biggest ‘Physical Event’ in Pune, Maharashtra on 6th May 2022 (Friday). Featuring Maharashtra as a ‘Higher Education & EdTech Hub’ of the Country. The Summit’s theme will focus on ‘Empowering Higher Education community with Ed-Tech collaboration to voyage from Education 4.0 to Education 5.0’. Maharashtra –The land of Shri Chhatrapati Shivaji Maharaj, with its rich historic and cultural past, is also known for its good educational infrastructure. As Mumbai is the Financial Capital of the country; Pune is considered the cultural and educational capital of the state, popularly known as the ‘Oxford of East’. Cities like Aurangabad, Nasik, Nagpur, Kolhapur, Solapur, Ahmednagar, Jalgaon, Satara, Wardha, etc. are also higher education destinations and are emerging as ‘The Centre of Learning’. This Knowledge forum invites policymakers, higher education leaders, innovators, and Edtech experts to share their experiences, ideas, and accomplishments that have helped the growth of the education community during the tough times of the COVID-19 pandemic. We will unite under one roof for a mission to co-create, co-learn, and collaborate for Innovation together with growth stakeholders. The conclave will witness who’s who from government, universities, colleges, engineering institutes, B-schools and skill institutions, experts from corporate, EdTech companies & education startups. Deliberating, showcasing & presenting best & next practices in higher, skill & technical education. Technology is a tool to add value and make education more effective. In a scenario where there is a huge transformation in the education sector with the rapid technological advancements, we are gradually transitioning from Education 4.0 to Education 5.0. ArdorComm Media Group, being one of the growing media startups in India, is here to explore the possibilities of innovation in education, the future trends, and the existing scenario to propel necessary discussions between major education, tech, and government stakeholders. Chandan Anand, Founder, CEO & Group Editor of ArdorComm Media Group, emphasized saying, ‘’The goal of Education 5.0 is to transform the current educational system into one that is centered on action and outcomes. Despite repeated attempts to offer proper training, evaluation, and related assistance, the actual figures for employable graduates each year are alarming. As a result, the gap between industry demands versus employable-skilled human capital continues to widen. The transformation shift from Education 4.0 to Education 5.0 is about co-creating the socio-digital ecosystem which could ease the dynamics of teaching-learning-skilling-employing youth (Gen-Z & Millennials).” This much-awaited physical conclave ‘ArdorComm- Higher Education and EdTech Conclave, Pune’ will be graced by the presence of Shri. Suraj Mandhare, IAS, Commissioner (Education), Government of Maharashtra and Shri. Rajesh Patil, IAS, Municipal Commissioner, PCMC & CEO – Pimpri Chinchwad Smart City Ltd, Government of Maharashtra. Eminent speakers, experts, academicians & educators from universities, engineering institutions, B-schools, EdTech & education startups at ‘ArdorComm- Higher Education and EdTech Conclave, Pune’ are: Prof. (Dr.) Nitin R. Karmalkar, Vice-Chancellor, Savitribai Phule Pune University; Dr. Ganesh Natarajan, Chairman, Honeywell Automation Chairman & Founder, 5F World Director, SBI; Dr. Geetali Tilak, Vice-Chancellor, Tilak Maharashtra Vidyapeeth; Dr. Akhtar H. Rizvi, Rizvi Education Society’s – President & Founder, Rizvi Education Society; Dr. Parin Somani, International Motivational Speaker & Academic Scholar Author, Humanitarian and Philanthropist, TEDx Speaker; Parag Karandikar, Editor, Maharashtra Times, Times Group. The summit will be witnessed by who’s who from the higher education fraternity from pan Maharashtra, Prof. (Dr.) Mangesh T. Karad, Vice-Chancellor, President & Trustee, MAEER & Executive President, MIT Art Design and Technology University, Pune; Sanjay Padode, Founding President and Chancellor, Vijaybhoomi University; Chairman, JAGSOM; Dr. Sandeep Pachpande, Chairman, ASM Group of Institutes, Pune; Chetan S Wakalkar, Managing Trustee & Group Director, Indira Group of Institutes, Pune; Dr. Ashwini Kumar Sharma, Vice-Chancellor, Symbiosis Skills and Professional University (Ex. Director General, NIELIT MeitY, Gol); Adv. (Mrs.) Rubina Akhtar Hasan Rizvi, Director, Rizvi Education Society; Director, Dr. Akhtar Rizvi Educational Trust; Prof. (Dr.) G.K.Shirude, Vice-Chancellor, Sri Balaji University; Vivek Iyer, Vice President – Asia Pacific. Anthology; Dulles Krishnan, Managing Director Enterprise – India and ANZ, Coursera; Vibha Mahajan, Senior Director, Wiley; Vaibhav Anand, Country Manager – India, ELSA Corporation; Prof. (Dr.) M. M. Salunkhe, Vice-Chancellor, Bharati Vidyapeeth (Deemed to be University); Dr. Siddharth Jabade, Vice-Chancellor, Vishwakarma University, Pune; Dr. Sayalee Gankar, Vice-Chancellor, D Y Patil University, Ambi, Pune; Dr. Eknath B. Khedkar, Vice President, Ajeenkya DY Patil University, Pune (ADYP); Dr. Adya Sharma, Director, Symbiosis Centre for Management Studies, Pune; Gaurav Somani, President Sales, Mastersoft; Arpit Badjatya, CEO & MD, Serosoft Solutions Pvt Ltd; Maunish Pandya, Head- Business Development, Serosoft (Academia ERP); Ashwani Kumar Singh, Head- Branding & Communications, Serosoft (Academia ERP); Dr. Apoorva Palkar, Director- Innovation Incubation & Linkage, Savitribai Phule Pune University; Dr. N. J. Pawar, Vice-Chancellor, Dr. D. Y. Patil Vidyapeeth, Pune; Dr. Sachin S. Vernekar, Dean – FMS Bharati Vidyapeeth (Deemed to be University), Director- IMED, Pune; Jitendra Patil, Campus Director, Universal College of Engineering; Dr. Sandip Sane, Director, IBMR, ASM Group of Institutes, Pune; Prof. Laxman Kumar Tripathy, Director, SaiBalaji International Institute of Management Sciences; Karun Dube, Head -Business, Intercell; Rakesh Malaviya, Chief OperatingOfficer, Head Monet-India Anand Vats, Manager, Monet India Design Center; Murali Krishna, VP, Sales, LeadSquared; Dr. Safia Farooqui, Director, Dr. D.Y. Patil Vidyapeeth, Centre for Online Learning; Dr. Asmita Dani, Deputy Registrar, Tilak Maharashtra Vidyapeeth, Pune; Dr. Sanjay Jha, Director (Liberal Arts), Amity University; Dr. Ganesh Rao, Director, Pune Business School; Dr. Debjani Banerjee, Associate Dean & Accreditation Consultant, Member Secretary, IQAC VES Business School; Dr.Tejas B. Vyas, Director, Global Business School, Hubli; Dr. Ashok Agrawal, Principal, Kannada Sangha Pune’s Kaveri College of Arts, Science and Commerce, Ganeshnagar, Pune; Dr. Indu Sharma, Director IAQC, MITCON Institute of Management; and many more. Coursera for Campus is participating as the ‘Presenting partner’ of ‘Ardorcomm- Higher Education and EdTech Conclave & Awards 2022’; Anthology is the Powered by Partner; Serosoft (Academia ERP) Solutions Pvt. Ltd. as the ERP partner; D2L as Ed-tech partner; ELSA as Training and Placement partner. The Associate partners of the event are Eduvacancy, Financepeer, Intercell – Virtual Mentor Network, LeadSquared, MasterSoft,

ArdorComm- Higher Education and EdTech Conclave & Awards 2022, Pune, Maharashtra; #HEETpune Read More »

The truly great, The Bad and Chinese Woman For Relationship

We on top of that verify obtainable communication stations, explore facts protection steps, and investigate the audiences. If our specialists discover deceptive activity over a matchmaking site, we advise our viewers to protect all of them from scams. Although we are a great impartial program, we preserve the proper to publish hyperlinks for the sites of your partners and get a fee. This girl works as a specialist and helps partners strengthen their very own relationships, cope with difficulties, and perceive each other. Linda could be a dating instructor helping lonely hearts of their take pleasure in search. Economy tickets from US to China cost around $2, 500, while a business school ticket may possibly cost a little greater than $5, 000. Identical goes for hotels—some lodge rooms price $30 per night time, the others may possibly cost $100 per night or much more than that. These kinds of habits are unsatisfactory in China dating way of life. Never Get married to A Offshore Woman Before Reading These several Rules Are you in love with a Offshore girl? The locals don’t ponder over it too crucial or vital. However , the https://99brides.com/chinese-brides/ fresh technology likes talking this to be offered to the world. If your intentions to satisfy Chinese language women just for relationship happen to be severe ample, it’s the perfect time to behave. Review one of the best areas to find a large number of lovely Oriental women for the purpose of marriage and choose the choice that fits you greatest. Several Chinese young girls decide to jump into operate instantly after college graduation. By the time they will select to create a household, many of them are already thought-about too outdated in their homeland. The extra essential part of choices single, that is certainly your chance. dominican women to marry ChinaLoveCupid – an expert platform to locate your real guy that considerably simplifies the seek for a China bride. The ChinaLoveCupid community features higher than one million people worldwide, half of to whom are Chinese language mail order brides. Various Chinese women of all ages choose studying in your local library. We consider there is a minimal of 5 reasons for their attention. There are lots of of thousands of China brides in online dating tools. Thousands of Chinese girls get married to West men every single single time. China is an exceptionally however you like nation with regards to mail order brides —and the good news is that it is rather easy to connect with single China women via the internet in 2021. But in in fact, there’s nothing challenging here—just adhere to these convenient guidelines, plus your dates with Chinese young women for relationship shall be 100 percent profitable. Internet dating sites offer you a much better choice—some of those have plenty of of hundreds of Chinese mail order wedding brides, and you’ll talk with basically all of them. It has the not the only advantage of on-line dating—it’s also less expensive, quicker, and more hassle-free than meeting Far east ladies off-line. This is doubtless considered one of the primary obstacles that can forestall you coming from courting fabulous Chinese ladies for marital life. English seriously isn’t a popular language in China. As well, observe that professionals at EliteMailOrderBrides. com can’t browse through and examine each courting service in the trade. Thus, you might be liberated to use virtually any matchmaking platform you prefer, even if it isn’t really examined by our group but. EliteMailOrderBrides is known as a evaluation services offering buyers with helpful instruments and up-to-date info to guide all of them by way of a tough regarding matchmaking websites. Although our company is an unprejudiced review provider, we write hyperlinks to dependable romantic relationship websites and have a fee regarding. Our companions also pay off us payment if we content details about these people on our website. Rather, a major problem is certainly adapting to American tradition and dwelling internationally. However , you should not fear about it should occur to be choosing a Far east bride—these women adjust to foreign cultures shortly. Firstly, they’re very open-minded and clever. Second, they often communicate English quite correctly. Third, which Chinatown in nearly every major locale in the US. These three reasons make the variation course of incredibly easier and faster designed for Chinese ship order brides. This is the greatest, fastest, and best version for dating. Chinese girls spend days and nights communicating on different courting sites, so you’ll positively be successful if you determine to hunt your take pleasure in there. Look into the most popular indigenous relationship web sites that might allow you to connect with loads of eye-catching Chinese mail-order brides. Chinese brides differ from women you match within the America. They have completely different views, totally numerous household ideals, etc . Here, we’ll discuss 4 required issues you must perceive about Chinese females for marital relationship earlier than you meet a great Asian star of the wedding from this country on a seeing web site. That may be what Chinese language mail order brides depend on from overseas men, and that is a must if you want to date Oriental ladies. Switzerland is a well-liked vacationer https://99brides.com/ vacation spot. It has the situated in the cardiovascular system of The european union and is taken into account for being rich and wealthy, also despite their small sizes. Renowned wrist watches and delightful chocolate made listed here are familiar everywhere in the community. It’s additionally needed to pay attention to native women, who will be one other miraculous in Switzerland. In pre-revolutionary China, persons used to admit a topple on the door was quite often answered since “no one’s at home” when there initially were truly not any men by house. Hot Far east Women About Instagram — Hot Top 10 Sexy China girls are extremely popular, not simply IRL but additionally over the internet. Hot And Sexy Cookware Girls — Hottest Asians On Instagram The reason behind this kind

The truly great, The Bad and Chinese Woman For Relationship Read More »

THE Impact Ranking 2022: India is the fourth best represented nation, with 8 universities in the top 300

Edu Article

The Times Higher Education (THE), the publisher of the globally recognised THE World University Rankings, has unveiled the Impact Rankings for 2022. In a record year, 1,524 universities from 110 countries/regions were ranked on their progress toward the UN’s Sustainable Development Goals (SDGs) in 18 tables — one for each of the 17 SDGs. India moves into the top 50 in the world, with Amrita Vishwa Vidyapeetham claiming 41st place overall and eighth place for SDG 3 (good health and well-being) and SDG 5 (gender equality). Lovely Professional University is ranked sixth for SDG 7 (affordable and clean energy) and is ranked joint 74th in the overall table. India is the joint fourth most-represented country in the rankings, with a total of 64 universities (the same number as Turkey). Times Higher Education (THE) Impact Rankings 2022 have ranked Calcutta University first among all central and state-aided public universities in the country. In the sub-category of ‘Decent Work and Economic Growth,’ the university is placed 14th globally. India was represented in the rankings by at least 64 universities, making it the fourth most well-represented country. India has eight universities among the top 300 universities in the world. OP Jindal Global University (JGU) has also featured in the 600-800 band. The university received a 60.3 out of 100 score. Shoolini University of Biotechnology and Management Sciences is ranked second in the world for SDG 7 (affordable and clean energy), sixth for SDG 6 (clean water and sanitation), and eighth for SDG 10 (reduced inequalities). Chitkara University has ranked fourth in the country in Times Higher Education (THE) World University Rankings and is among the top five in almost all United Nations’ Sustainable Development Goals (SDGs). The university ranks between 201 to 300 among 1,400 universities from over 100 countries across the world. THE Impact Rankings claim to be the “world’s only rankings evaluating universities’ contributions to the United Nations (UN) Sustainable Development Goals (SDGs),” and they evaluate institutions’ commitment to sustainability in four areas: research, stewardship, outreach, and teaching. Progress is tracked for each of the 17 SDGs as well as for the entire set of goals. This year, a total of 1,524 institutions from 110 countries/regions participated in the rankings, up 23% from previous year, demonstrating the growing prominence of the SDGs inside higher education institutions around the world. Western Sydney University in Australia takes first place in the overall rating, which comprises 1,406 institutions, after topping the table for SDG 6 (clean water and sanitation) and coming in second for SDG 12 (responsible consumption and production). “It is inspiring to see such a large, diverse, and rapidly-growing community of universities from all continents committed to subjecting themselves to scrutiny, to measure and demonstrate their impact and to showcasing the best practise in delivering the Sustainable Development Goals,” said Phil Baty, Chief Knowledge Officer, THE. Students, as well as governments, are increasingly demanding such commitments and these demands will strengthen. ” “It is particularly exciting to see that universities outside the traditional Western elites are shining out as beacons in this fresh approach to university rankings, giving an exciting new perspective on a diverse sector and broadening student choice,” he added.

THE Impact Ranking 2022: India is the fourth best represented nation, with 8 universities in the top 300 Read More »

When should you purchase Essays Online?

When should you purchase Essays Online? According to an article in the news, at least one third of college students have used these services for non-educational purposes. This is alarming not only to educational institutions, but also the federal government. Federal investigators are examining whether or not some internet editing and submission services are engaged in inappropriate activities. This is not the only issue faced by colleges and universities due to their dependence on online resources. It is easy to see the reason for these concerns. It is nearly impossible to keep up with the sheer volume of online material. This is also a challenge for institutions trying to meet their obligation to educate students. Colleges and high schools heavily rely on writing essays to prepare future citizens. If this kind of essay is not permitted how can we ensure that students are receiving https://www.affordable-papers.net/ a comprehensive education? The answer is a resounding “yes.” It is evident that anyone can avail an essay service to help with their essays. If the writer is aware they are not being required to disclose the information under duress or as a method to instruct, then anyone is able to purchase essays online. This goes against one of the most fundamental assumptions about the Internet and electronic communication generally. But it doesn’t have to be the way things are going. In the beginning it should be obvious that not all writers could benefit from purchasing essays online. It isn’t realistic to think that every student in college or high school will find this method of learning more beneficial. Even most writers who have access to a word processor and the Internet would find that it can be difficult to take in the vast amount of information in a short period of time. It requires a significant time commitment. Writers have to find a method to make time for their writing. In the absence of this, there is no reason to purchase essays online. This leads us to the following question: Does purchasing essays online actually save money? They might actually be losing money. There are costs associated with hiring a writing service that can assist them in writing their essays. These writing services can allow writers to earn money from their work, but they can be costly to establish and maintain. The costs of these can be reduced. If the student were to purchase their essays online through an unrelated third party, they could eliminate the need for an essay writing service that is professional. Then, they’d ensure that the person who sold them didn’t charge an arm and a leg for what they sold them. This is a good deal for the student as it guarantees that the student won’t need to shell out hundreds or thousands of dollars for something that they could buy for only fifty cents. What happens when you are photographed with your pants down while working on a major project? It happens to many writers, and it can be embarrassing and disheartening. It doesn’t have to be this way. It takes a little of computer skills and research to avoid being caught in this situation. Access to the Internet is vital for students. This will allow the writer to ensure that the work is completed before they give it to potential buyers. In general, writers become caught up in the excitement of writing essays. However, this excitement can get out of hand. By following these tips that writer will have less worries and less stress when they are stuck in a writing situation. These tips will aid you in avoiding being stuck in an essay situation.

When should you purchase Essays Online? Read More »

MPBSE MP Board Class 10, 12 results have been released; Girls outperform Boys this year

The board exam results for Classes 10 and 12 were declared today by the Madhya Pradesh Board of Secondary Education (MPBSE). Girls outperformed boys in both classes, with a higher pass percentage. The overall pass percentage for class 12 was 72.72 percent, but the pass percentage for class 10 remained low, with slightly more than half of the students passing the examinations. This year’s overall percentage of students stayed at 59.54 percent. In contrast to last year, the MP board held offline tests in February and March of 2022. Nancy Dubey and Suchita Pandey topped the Class 10 board, while Pragati Mittal topped the Class 12 board with a score of 494 out of 500, according to the results announced today. Lakshdweep Dhakar came in second and Ayush Tiwari came in third, respectively. This year’s top three scorers are all from the science stream. The MPBSE class 12 exams had a total of 6,97,880 students this year. The pass percentage for regular students was 72.72 percent, while the pass percentage for self-study students was 32.90 percent. The pass percentage for girls in class 12 is 75.64 percent, while the pass percentage for boys is 69.94 percent. This year, 1,19,851 students failed their class 12 exams. In Class 12, a total of 93 girls and 60 boys (153) have attained a place in the merit list.

MPBSE MP Board Class 10, 12 results have been released; Girls outperform Boys this year Read More »

Teleconsultation will help rural areas boost their healthcare

Jaipur: The health department has decided to use teleconsultation to boost healthcare facilities in rural regions as well. The state has 6,419 community health officers (CHOs) at the sub-health centre level who will use teleconsultation to connect patients in villages with specialists in district hospitals or community health centres. Meanwhile, the state government plans to start providing free OPD and IPD services in metropolitan areas on May 1 as part of the Mukhya Mantri Nishulk Nirogi Rajasthan Yojana. Teleconsultation between doctors will be possible, allowing them to discuss a patient’s diagnosis and treatment. “Orders have been issued in this regard,” a senior health department official said. “It will help patients get consultations of specialist doctors in their villages.” From 11 a.m. to 2 p.m., doctors from SMS Medical College’s super-specialty departments such as cardiology, neurology, medico-oncology, nephrology, and endocrinology will give teleconsultation. The number of specialised doctors will be raised if the volume of calls for teleconsultation increases in the following days. Physicians, gynaecologists, paediatricians, psychiatrists, dermatologists, and ENT specialists will be available for teleconsultation at hospitals affiliated with government medical colleges. In this approach, all CHOs stationed at the sub-health centres that will be converted into health wellness centres will act as ‘spokes,’ in this model, with each of the 6,419 CHOs providing teleconsultation to 10 patients. Source: TNN

Teleconsultation will help rural areas boost their healthcare Read More »

Bentley looking to hire 100 engineers

Bentley Motors’ Five-in-Five plan calls for the company to introduce a new electric vehicle (EV) model per year starting in 2025. It will hire 100 engineers and push its Beyond100 strategy to achieve this. The hiring process has already begun, with 50 job openings announced so far, with more to come in the near future. While the new workers will be assigned to a variety of departments, including engineering and research and development, around half of them will be required to focus on electrical skills, as Bentley plans to electrify its entire product range within eight years. Bentley will need personnel in research and development, as well as UX/UI engineers, design managers, and chassis engineers, in addition to electrical engineers. While the majority of the new workers will work out of Bentley’s Crew headquarters, the luxury carmaker plans to use a hybrid work style. It has made significant investments in new engineering offices, which incorporate collaboration zones to encourage interaction. Individual offices have been eliminated in favour of hot desks in order to conserve space. This is also anticipated to foster spontaneous conversations as well as improved teamwork and attitude. Bentley wants its employees to be more adaptable, lifelong learners, and active participants in the workplace. Bentley employees have participated in over 30,000 learning activities in the last year, including online workshops, e-learning modules, and face-to-face

Bentley looking to hire 100 engineers Read More »

Adani and Ambani are preparing for a battle with Netflix and Amazon

Gautam Adani and Mukesh Ambani, Asia’s two richest men, are doubling down on India’s media business, escalating competition in a market where Netflix Inc. and Amazon.com Inc. are also battling for over a billion users. In a funding round led by James Murdoch-backed Bodhi Tree Systems, Ambani’s local joint venture with Paramount Global, Viacom18 Media Pvt., is slated to get 135 billion rupees ($1.8 billion). Separately, the tycoon’s flagship company, Adani Enterprises Ltd., announced the formation of a new media division, indicating his desire to capitalise on the rising sector. The Viacom18 investment and Adani’s foray into media usher in a new phase in the competition for viewers and content in a market that boasts a thriving local film industry, a burgeoning middle class, and fast-increasing internet connectivity. However, it has proven to be a difficult market. Netflix, for example, has had to reduce its price in order to attract price-conscious customers. Still, according to Vivek Couto, managing director of Media Partners Asia, “India is the only full-scale, high-growth opportunity in Asia outside of China.” “Indonesia is also there, but it’s still a few pegs down still in terms of scalability.” On Thursday, Reliance’s stock jumped as much as 2.2 percent in Mumbai. Network18 was down 19 percent, while TV18 Broadcast Ltd. was down 18 percent. Adani is only getting started in the Indian media sector, while Ambani’s Reliance Industries Ltd. is expanding its footprint through his Network18 Media & Investments Ltd. According to a statement, Adani Media Ventures Ltd. agreed to buy a stake in Quintillion Business Media Pvt. last month. Quintillion was a Bloomberg LP (parent company of Bloomberg News) Indian partner. Viacom18 is preparing for an epic battle with Disney, Amazon, and Sony Group Corp. for broadcast rights to the Indian Premier League, a lucrative annual cricket tournament that is approximately equivalent to the Super Bowl, with $1.8 billion from Bodhi Tree and an extra $216 million from a Reliance arm. Bids are expected to reach $5 billion, according to sources familiar with the situation. The IPL attracted 380 million viewers last year, and whichever broadcaster wins the rights will almost certainly gain millions of new subscribers in a very competitive market. Bodhi Tree’s investment also signals the Murdoch family’s comeback to an entertainment market it left behind when Walt Disney Co. acquired a swath of 21st Century Fox assets, including Star India, in 2019. Hotstar, a streaming network popular with millions of cricket fans around the world, is now owned by Disney. Murdoch and Uday Shankar, the former CEO of Star India and later Disney Asia, have developed a new platform called Bodhi Tree. The Qatar Investment Authority, the country’s sovereign wealth fund, is an investor. Separately, Adani Group announced the formation of AMG Media Networks on Wednesday, with the company focusing on publishing, advertising, broadcasting, and distributing content across various forms of media networks. It didn’t go into detail. Late last year, Sony and Zee Entertainment Enterprises Ltd., a local media conglomerate, decided to merge, creating a media giant worth almost $10 billion. Source: Bloomberg

Adani and Ambani are preparing for a battle with Netflix and Amazon Read More »