Top Story

e4m_logo.png

Home >> International >> Article

Nimbus Communications seeks February IPO

21-December-2000
Font Size   16
Share
Nimbus Communications seeks February IPO

TV content producer Nimbus Communications has filed for a Rs 182-crore ($38.97 million) initial public offering with the Securities & Exchange Board of India, and plans the float in February.

The funds are being raised to increase content for television and the Internet, for media management, for setting up two channels and making motion pictures and music albums. The 13-year old Nimbus had been planning to tap the markets for some time, but had postponed its entry because of volatile market conditions.

Nimbus has a joint venture with the UK-based World Sports Group to handle the distribution, production, management, sponsorship of worldwide cricket events and all sports in South Asia. Nimbus produces 18 hours of content per week and has a library of over 3,500 hours.

Tags

Rajat Sharma who was recently elected as President of the NBA talks about his plans for the industry body

The Country Sales Manager Media at Akamai says that technology seems to be taking over all possible spaces and people considering it in both positive and negative ways

The India Marketing Lead of Skyscanner believes that with the acquisition by Ctrip they have reached the market leader status

Our typical marketing budget is usually 10 per cent of the topline spend

The BBC carried out a survey along with Globescan to see how the world looks at the issue of ‘fake news’

The objective of content marketing is not just to encourage product purchase or generate ROI. The key to its success lies in building relationships based on trust, opines Dasgupta

The interesting animated rap music video encapsulates Droom’s ecosystem tools and their role in facilitating second-hand automobile transactions