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Media stocks under fire as Sensex crashes

MUMBAI: Finance minister P Chidambaram's 'no nothing' offer to the media sector came as no surprise except in the area of set-top boxes (STBs) where one thought a push would be given in terms of sops to boost the local manufacturing industry.

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DTH, music videos pulled into service tax net

NEW DELHI / MUMBAI: Bewafaa (unfaithful)! The title of Bollywood's latest "masala" offering could well describe what the media and entertainment industry might be thinking of finance minister P Chidambaram, who presented his Union Budget for 2005-06 aimed at giving a push to infrastructure and...

Television TV Channels News Broadcasting
Zee touches Rs 108 even as sensex, media stocks fall

The barometer 30-stock Bombay Stock Exchange (BSE) sensex dropped 28.68 points on 18 July from the 11 July level (3,676.26) to settle at 3,647.58. The S&P CNX NSE Nifty ended the day at 1,140 a drop of 21.65 points as compared to 1161.65 on 11 July.

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Media stocks stable despite high volatility in tech counters

MUMBAI: The BSE sensex finished the week flat at 2985, after losing 3.2 per cent over the past one month. The week was marked by high volatility of tech stocks. Many software stocks dipped on the country's stock exchanges due to disappointing results of major tech companies. However, the listed...

Television TV Channels News Broadcasting
Zee leads media stock surge on the Sensex

The rise and rise of the media stocks continue. The last few days has seen Ekta Kapoor's Balaji Telefilms scale new peaks. Today it was Subhash Chandra's Zee Telefilms that led the way as the bourses recorded a third straight day-on-day gain. The BSE 30-share Sensitive Index (Sensex) ended with a...

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