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PAT in Q4-2014 increased by 20.1 per cent to Rs 25.52 crore.
In its recommendations on the reserve price for all the 253 new cities, TRAI also said the reserve price in 11 border cities in the ‘Others’ category in Phase-III should be Rs 5 lakh per channel, as approved by the Cabinet in the Phase-III policy.
TRAI suggested reserve price of Rs 5 lakh per city, for FM Radio channels in 11 border cities in phase-III.
The announcement comes, when according to sources, the FM station was evaluating its position in Phase III auctions.
The Authority suggests reserve price of Rs 5 lakh per city, for FM radio channels in 11 border cities in phase-III.
