5 March 2010Newsletter Subscription Email this PageVolume 3 - Issue No: 9


 

 
Budget

Accredited news agencies to get service tax exemption
Service tax exemption is to be provided to accredited news agencies that meet certain criteria for providing news feed online.
(26 February 2010)

Customs duty reduction on digital headend equipments
In a move that would encourage digitisation, the government today announced provision of project import status at the concessional customs duty of 5 per cent on investment in digital head-end equipment.
(26 February 2010)

Customs duty on raw stock of film material rationalised
In a major disappointment to the infotainment sector and particularly the film industry, the Union Budget for 2010-2011 has ignored most of the demands made by the industry and even by the Information and Broadcasting Ministry.
(26 February 2010)

Film industry welcomes duty rationalisation on raw stock, decries service tax on copyright
The film industry is disappointed with the 2010-2011 Budget for ignoring most of their demands.
(27 February 2010)

Govt

Commonwealth Games boosts govt investments in Prasar Bharati
The grant-in-aid to Prasar Bharati has gone up to Rs 17.57 billion from last year’s Rs 16.35 billion, perhaps in view of the expenses to be incurred for the forthcoming Commonwealth Games.
(27 February 2010)

Other Headlines

DQE fixes IPO price band at Rs 75-80
DQ Entertainment will raise Rs 1.28 bn at the upper and Rs 1.20 bn at the lower price band; to be listed on the BSE.
(4 March 2010)

DQE IPO opens on 8 March; completes pre-IPO placement at Rs 68 a share
DQ Entertainment completes pre-IPO placement at Rs 68.11 per share; issue closes on 10 March.
(2 March 2010)

Zeel restructures channel operations
Joy Chakraborthy gets expanded role; Zeel COO national channels Nitin Vaidya gets back HSM regional channels.
(3 March 2010)

Tips makes buyback offer
Buyback offer price not to exceed Rs 75 per share; amount to stay within Rs 198.10 mn, being 25% of paid-up equity.
(3 March 2010)

Big FM partners OnMobile for M-Vas radio
Mobile users can listen to 17 multi-lingual programmed channels in India; service also in select global markets.
(2 March 2010)

Discovery HD launches in India on Sun Direct
Discovery HD is available at Rs 25 per month on Sun Direct; channel will be ad-free & mark an entry into Indian market.
(4 March 2010)

Media, Advertising, Marketing

Star Plus becomes No 1 after 22 weeks
Weekday primetime soaps help Star Plus surge ahead with 300 GRPs; Colors ends second with 286 GRPs.
(4 March 2010)

Pepsi "wows" youngsters with its new thematic campaign
Pepsi ready to adorn new baseline Youngistaan ka Wow and launch new thematic TVC; JWT is the creative agency.
(3 March 2010)

HUL, P&G row over detergent lands in court
The HUL, P&G row over the Rin versus Tide detergent ad is only getting thicker.
(4 March 2010)

Asci to examine HUL's Rin ad on 23 March
After receiving complaints from consumers over Hindustan Unilever (HUL)’s Rin ad campaign, the Advertising Standards Council of India (Asci), the watchdog of the Indian ad industry, is examining the issue.
(3 March 2010)

IPL

YouTube lines up sponsors for IPL
YouTube, which will be streaming live the third edition of the Indian Premier League, has roped in six sponsors so far.
(27 February 2010)

 AdEx Analysis
 Executive Dossier

Consumer durable ads on TV during 2009
14 per cent growth in consumer durables advertising on TV during 2009 compared to 2008 - AdEx India Analysis.

'Break even will take five to six years for new franchises'
GroupM ESP managing partner Hiren Pandit

Source: www.indiantelevision.com
 

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