BENGALURU: DB Corp's MY FM radio network now encompasses 26 live stations with the launch of nine new stations over the last two quarters of this fiscal (year ending 31 March 2017 or FY-17). DB Corp’s radio business revenue for the quarter ended 31 December 2016 (Q3-17, current quarter) increased 12.4 percent to Rs 36.32 crore as compared to Rs 32.32 crore in the corresponding year ago quarter (year-over-year or y-o-y). The company’s press release says that its radio business operating profit (EBIDTA) grew 3 percent y-o-y to Rs 14.8 crore (41 percent margin), while profit after tax (PAT) also increased 3 percent y-o-y to Rs 8.1 crore (22 percent margin).
DB Corp Limited (DB Corp), home to flagship newspapers Dainik Bhaskar, Divya Bhaskar, Dainik Divya Marathi and Saurashtra Samachar reported 6.3 percent higher consolidated revenue for the current quarter as compared to the corresponding year ago quarter. The media house’s total income from operations (TIO or revenue) in Q3-17 was Rs 627.27 crore as ...
vii) Community development
viii) Cultural programmes.
The stations which have already received grants on same or similar theme from other government departments will not be eligible for this grant.
The maximum grant size for purchase of equipment will be to 90% of the total estimated expenditure subject to a ceiling of Rs 7,50,000 for North Eastern States (Assam, Arunachal Pradesh, Manipur, Meghalya, Mizoram, Nagaland, Sikkim and Tirpura). The remaining amount will have to be contributed by the grantee.
A station will be eligible for grant for a particular equipment only once in six years. However, an applicant may make applications for different equipments at different times. The maximum grant in one or more attempts will be restricted to Rs.7,50,000.
Stations which have already received grant under the scheme will not be eligible to re-apply for the equipment already supported.
Priority for grants will be given to applicants:
i) from North-East Region.
ii) who have not received any grant in the past, ...
Mumbai: The Brihanmumbai Municipal Corporation (BMC) informed the Bombay High Court on Monday that it requires ₹55 lakh as premium to lease land for the second Doppler radar in the city.A division ben...
NEW DELHI: The Supreme Court has asked the government to explain the continuing prohibition on FM radio stations and community radios from airing their own news and current affairs on a par with private TV channels and the print media.
The observation by Chief Justice of India J.S. Khehar and Justice D.Y. Chandrachud came on a public interest litigation filed in 2013 by Common Cause, and the Court asked why the government wanted to control news on radio, which covers almost the entire population including the rural masses.
The court directed the government to explain in four weeks the series of orders passed between 2008 and 2013 preventing private radio from airing their own news and current affairs broadcasts.
The government’s prohibition, Common Cause argued, was in clear violation of the Supreme Court’s landmark verdict in 1995 in the Ministry of Information & Broadcasting vs Cricket Association of Bengal when the court had held that “airwaves are public property to be used to promote public good and ...
NEW DELHI: All payments by private FM Radio operators can be made in according to the current practice of paying through demand draft etc, until 31 March 2017.
The new directive posted on the Information and Broadcasting Ministry website thus amends the Ministry’s instructions of 26 December 2016 that all payments will be made online via bharatkosh.gov.in from I January 2017.
In the new directive, the Ministry has said that all payments will have to be through electronic mode from 1 April 2017 and no physical form of payment would be accepted.
In the note of 26 December, the Ministry had said this had been done under the Digital India programme of the government.
This will apply to Non-refundable One Time Entry Fee (NOTEF), licence fee, late payment fee, and Non-refundable One Time Migration fee.
Only payments will be via credit or debit orders, net banking or other modes of electronic payment. A copy of payments made via bharatkosh.gov.in will be sent to the FM Cell.
Details and a guide on how this will ...
The radio is an inevitable part of the ordinary Indian’s life. From broadcasting crop updates for farmers to soothing jingles to tide over the morning blues and live traffic alerts for the hassled co...
If you are in Gurugram and switch your radio device to 107.8 MHz, you are likely to stumble upon Folk songs of Garhwal and Kumaon of Central Himalaya along with traditional Bhojpuri folk of Northern India.
A community radio under the banner of 'Gurgaon Ki Awaaz' is what most of the migrant residents of rural Gurugram are interested in.
"Under the shadow of these corporate skyscrapers, malls and fancy restaurants there is a gaon(village) which is struggling to fit into the image of one of the fastest growing economic zone in India. Our aim here is to cater to the interest of the people living in such gaon (villages)," said Vandana Thapliyal, 25-year-old Radio Jockey at Gurgaon ki Awaaz.
The only community radio station in the city, 'Gurgaon Ki Awaaaz' is providing service to the community since it's inception 7 years ago which is managed and run by a team of five enthusiastic women.
Inside the studio, Taj Mohammad is confidently recording his half an hour show titled 'Apni Pasand', a show where many of ...
The Supreme Court told the Centre on Thursday that it must file its response in four weeks to a PIL by NGO ‘Common Cause’ seeking permission for private FM radio stations and community radio services to broadcast news.
MUMBAI: Singers Ariana Grande and John Legend may team up for a song from the upcoming live-action film ‘Beauty and the Beast’.
Grande recently shared an Instagram photo of herself in a leopard-print studio with a vague caption.
The speculation of the two singers working together was heightened when she tagged Legend and the film in her photo, which was reposted by the ‘Beauty and the Beast’ Instagram page, reports eonline.com.
The film stars Emma Watson, Dan Stevens and Luke Evans.
NEW DELHI: All private FM Radio operators who will use the online non-tax revenue portal (Bharatkosh) for renewal of licences have been invited by the Information and Broadcasting Ministry for meeting tomorrow to get acquainted with the technology.
The meeting by the Controller General of Accounts in the Department of Expenditure of the Finance Ministry at the I and B Ministry’s Committee Room tomorrow afternoon.
The aim will be to familiarize the FM operators with NTRP payments and smooth online payments to I and B Ministry.
Only one representative of each FM operator can attend the meeting which will have officials of both the I and B Ministry and the Finance Ministry.
NEW DELHI: All FM Radio channels are expected to broadcast public interest announcements as may be required by the Central Government/concerned State Government at suitable/proportional time slots for a maximum of one hour per day interspersed between programmes.
The Ministry in a note on its website noted that Clause 11.2 of the Grant of Permission Agreement was clear about this.
The note also said the Justice Usha Mehra Commission has recommended that there should be programmes on TV and Radio to convey the message that women need to be treated with respect and equality.
“In case the total demand of the Central and the State Governments exceeds one hour per day, the concerned State Government shall be eligible for announcements covering only the period remaining after meeting the demand of the Central Government," the note said.
The Ministry has also created two jingles of 60 seconds and 57 seconds duration on positive portrayal of women on Media, which have been sent to broadcasters.
All the Private ...