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Adani set to acquire majority stake in NDTV news channel

The most prominent bet by billionaire Gautam Adani in the thriving media industry was announced on Tuesday by India’s Adani Group: its media unit will purchase a majority stake in NDTV. In addition to making an open offer for a further 26% stake, Adani’s unit will indirectly acquire a 29.18% stake in New Delhi Television …

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Miss Universe to allow mothers and married women to enter the pageant from 2023

It’s evident that the Miss Universe beauty pageant made a historic decision when it decided to open up the competition’s eligibility to mothers and married women. Beginning in 2023, Fox News reports, eligibility requirements for pageant participants will no longer include marital status and parental status. It has always been a rule of the Miss …

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Viacom18 takes legal action against the piracy of “Laal Singh Chaddha”

The media and entertainment conglomerate Viacom18 Media Pvt Ltd has filed a criminal complaint against an incident that occurred in Bengaluru involving the illegal uploading and distribution of its most recent film, Laal Singh Chaddha. According to a statement from Viacom18, such websites result in significant losses for producers, content owners, and creators as a …

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‘Laal Singh Chaddha’, starring Aamir Khan, earns Rs 10 crore on Day 1; Akshay Kumar starrer ‘Raksha Bandhan’ manages Rs 8 crore on opening

Laal Singh Chaddha, starring Bollywood superstar Aamir Khan, debuted on Thursday (August 11) to mixed reviews after two weeks of controversy and boycott demands. The film’s producers, Aamir Khan Productions, had their eyes on the extended Independence Day weekend and hoped to make a fortune, but early ticket sales revealed a different pattern. Surprisingly few people …

‘Laal Singh Chaddha’, starring Aamir Khan, earns Rs 10 crore on Day 1; Akshay Kumar starrer ‘Raksha Bandhan’ manages Rs 8 crore on opening Read More »

Jio completes 5G coverage planning for the top 1,000 cities

Reliance Jio, a major telecom provider, has completed planning 5G coverage for 1,000 cities and has done field tests of its own 5G telecom equipment, according to Reliance Industries’ annual report for 2021–2022. According to the report, Jio has finished its 5G coverage strategy in the top 1,000 cities based on consumer target usage and …

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5G spectrum auction ends with bids reaching 1.5 trillion

Reliance Jio, owned by billionaire Mukesh Ambani, became the highest bidder for 5G spectrum on Monday, paying 88,078 crores to buy over half of the airwaves offered in the most recent auction. The Adani group paid 212 crores for 400 MHz, or less than 1% of all spectrum sold, according to Telecom Minister Ashwini Vaishnaw. …

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ZEE-Sony merger receives approval from stock exchanges

The Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) have approved the proposed merger between ZEE and Culver Max Entertainment, formerly Sony Pictures Networks India (SPN). According to a statement from ZEE, approvals mark a “firm and positive step” in the entire merger approval process and give the company permission to go on to …

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5G Spectrum auction enters day 3; receives bids worth Rs 1.49 lakh cr on day 2

Day 3 of India’s 5G spectrum auctions began on Thursday with the tenth round of bidding for the airwaves required to provide lag-free connectivity and ultra-high-speed internet. After the ninth round of the second day’s largest-ever auction for mobile signal spectrum in the nation, bids for 5G airwaves totaled more than 1.49 lakh crore. Union …

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OTT video market in India likely to reach $7 billion by 2027

According to a media report on Monday, the over-the-top (OTT) streaming video market in India is predicted to reach $7 billion by 2027. The OTT streaming video business in India is currently in its second growth phase, with total revenues expected to reach $3 billion in 2022, according to Livemint, quoting a report published by …

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68th National Film Awards 2022 winners announced

On July 22, 2022, in New Delhi, the 68th National Film Awards winners were announced. The Directorate of Film Festivals of the Government of India is responsible for overseeing the coveted awards, which were first given out in 1954. The Covid-19 outbreak caused delays, therefore the presentation honoured films from 2020 in a number of …

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