MUMBAI: The Delhi High Court today adjourned hearing on a petition by Kantar Market Research Services challenging the government’s cross-shareholding norm for television rating agencies till 11 July.
The court had earlier stayed operation of the cross-shareholding norm till the case is disposed of. And in accordance with the court’s directive, TAM Media Research, which is jointly owned by Kantar and Nielsen, last month applied to the Ministry of Information & Broadcasting for its registration as a television ratings service.
The cross-shareholding norm, which came into effect from 15 February, debars shareholders owning more than 10 per cent of a television rating agency from having stakes in broadcasters and advertising agencies.
TAM has also been allowed to continue publishing its television ratings till the court decides on the Kantar petition.
Kantar had today sought adjournment of the case to April but the court decided to have the next hearing only in July.
The election commission on Wednesday announced the dates for the 9-phase polling for Lok Sabha elections and the results would be announced on May 16.
With the announcement of the election schedule, the election code of conduct came into effect which bars governments from taking any policy decisions.