Top Story

e4m_logo.png

Home >> International >> Article

Balaji Telefilms confirms reviewing its merger plans with Nine Networks

04-May-2001
Font Size   16
Balaji Telefilms confirms reviewing its merger plans with Nine Networks

Balaji Telefilms confirmed that it was reviewing its merger with Nine Network Entertainment India due to the recent developments in the stock market involving broker Ketan Parekh and HFCL in the crisis. Balaji has informed this to the National Stock Exchange.

The merger between Nine Network Entertainment India, and Balaji Telefilms has already delayed by about three months. The delay in the merger has raised speculation among corporate circles that the merger might be put off in the changed environment.

Balaji Telefilms had announced merger in November 2000 on a swap ration of 65:200. The Jeetendra Kapoor family holds 70 per cent stake, Ketan Parekh and associates about 4.5 per cent and public hold balance.

Tags

Kranti Gada joined the family business at Shemaroo in 2006 after a successful stint of over two years in marketing at Pepsi Co. She has been associated with the company for 12 years.

Exchange4media interacted with Jaspreet Chandok, Vice President and Head (Fashion) , IMG Reliance Pvt. Ltd on seamless brands integrations planned for Lakme Fashion Week, walking tall despite blazing trails like GST, demonetization and being a part of the larger cultural space

Their strategy to educate the consumers to make well informed decisions at all stages has worked out well.

Bobby Pawar, MD, CCO - South Asia, Publicis India, talks about his idea of chilling out

Launches third phase of TVC campaign ‘Think it. Done’

Based in Mumbai, Usha has nearly two decades of experience in the Indian media and entertainment sector and will serve as a strategic advisor to H+K’s diverse portfolio of clients with a special empha...

Report based on media channel data in 96 countries and detailed findings from the world‘s key ad markets, which between them account for approximately two-thirds of the value of global advertising tra...