Regulators

Govt. clears Sai TV's Rs 50 million FDI project

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/smartcrop_800x800/public/images/tv-images/2016/09/28/Untitled-1_20.jpg?itok=459tBmGU

The government yesterday cleared 47 proposals for foreign direct investment (FDI) worth a total of Rs 5,080 million, among which is Sai Television's Rs 50 million project for producing software for television programming and communication services.

The biggest proposal that the government cleared yesterday were Banc of America's Rs 2350 million plan to launch a 100 per cent subsidiary non banking finance company (NBFC) for commencing financial investment, capital markets and merchant banking services, the Press Trust of India, quoting an official release, said.

The other being Mercedes Benz India's proposal to increase foreign equity from 84 per cent to 100 per cent in its Indian operations at a cost of Rs 840 million.

It was reported in the beginning of February that Sai Televisions, a southern-based listed company engaged in the television software business, had entered into a partnership with the US based Pointclick, which specialises in long distance voice calls through a private worldwide network.

The partnership between the two companies involved a share swap under which Pointclick would subscribe to five per cent in equity capital of Sai Television of Rs 51.5 million while Sai Television would have a 50 per cent stake in Pointclick. These were subject to getting government clearance, among other formalities.

The two companies plan to build a network in at least eight cities in India of VOIP (voice over internet protocal) centres, including a super centre designed to handle a tremendous amount of voice traffic drastically reducing the cost of long distance phone calls within India and internationally.

All the operations with regard to Pointclick both in India and abroad will be handled by the management of Pointclick and the role of Sai Television will be to provide services and financial resources for the growth of the two companies.

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/12/03/MODI.jpg?itok=5t6xb4sI
Reliance Jio may be fined for using PM's pic in ad sans permission

NEW DELHI: The Government has denied that it gave permission for publication of a full-page photograph of the prime minister Narendra Modi in advertisements in newspapers about Reliance Jio.

Regulators I&B Ministry
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/12/03/Naidu-Rajyavardhan.jpg?itok=ThSaViAu
Telecast ban withheld in two of 31 cases; no IMC recast plan

NEW DELHI: Information and broadcasting minister M Venkaiah Naidu has said that there have been only two cases in the past two years and the current year where the government has put on hold its orders asking TV channels to prohibit transmission for limited time.

Regulators I&B Ministry
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/12/02/Mukesh-Ambani.jpg?itok=GM5K9E_C
TRAI to examine whether 4G offer can 'Jio' till Mar '17

MUMBAI: In his attempt to arduously chase the 100-million subscriber base, Reliance Jio CMD Mukesh Ambani announced extension of free domestic voice calls and data till 31 March, 2017, having crossed 50 million in 83 days. The Telecom Regulatory Authority of India (TRAI), however, said it will...

Regulators TRAI
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/12/01/RS%20Sharma.jpg?itok=0DVLLRfk
Consumers may get 60-day notice from unprofessional telcos

MUMBAI: The latest consultation paper of the Telecom Regulatory Authority of India (TRAI) is about issues related to closure of mobile phone services. TRAI seeks to extend the time mobile users get to change their service-provider if a particular company is shutting shop or selling its spectrum.

Regulators TRAI
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/12/01/ajit-gupta-800x800.jpg?itok=ppyJ97Jx
HC admits challenge to Care World TV ban

NEW DELHI: The Bombay High Court yesterday admitted for hearing a petition challenging a week-long ban against Care World India TV, after the information and broadcasting ministry declined to replace its earlier order with a new detailed order.

Regulators High Court
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/11/29/rajya-800x800.jpg?itok=yNfwc2od
India to digitise all services, says I&B MoS Rathore

Minister of State for Information & Broadcasting Rajyavardhan Rathore has said that the government is making all efforts to digitalise the whole spectrum of services available to the citizens. He said that convergence of array of services to empower citizens through mobile technology was...

Regulators I&B Ministry
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/11/29/FM%20radio.jpg?itok=MOM0mEgP
India's second radio operator MBL seeks to list

MUMBAI: Music Broadcast Ltd (MBL), the FM radio unit of the media house Jagran Prakashan backed by the private equity giant Blackstone, on Monday, filed draft documents with the capital markets regulator Securities and Exchange Board of India for an initial public offering.

Regulators I&B Ministry
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/11/29/Narendra-Modi1.jpg?itok=DyuzBdPL
PM's 'Mann Ki Baat': AIR starts regional translation after Hindi

NEW DELHI: All India Radio commenced the regional language broadcast of the prime minister Narendra Modi’s ‘Mann ki Baat’ immediately after the Hindi broadcast.

Regulators I&B Ministry
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/11/28/ajit-gupta-800x800.jpg?itok=ijSaTd5t
HC seeks detailed govt order on Care World India's week-long ban

The Bombay High Court today said the Information and Broadcasting Ministry's order imposing a one-week ban against Care World India TV is not a ‘speaking order’ as it does not give details of the violations by the channel.

Regulators High Court

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories