Top Story

e4m_logo.png

Home >> Media - TV >> Article

TV Today Network increases foreign investment limit to 26%

22-July-2015
Font Size   16
Share
TV Today Network increases foreign investment limit to 26%

TV Today Network has increased foreign investment limit in the company up to 26%.

In a filing to BSE the company stated, “Board has approved the increase in foreign investment limit by Foreign Portfolio Investors/Foreign Institutional Investors (FPI/ FII) up to 26% and by Non-Resident Indian (NRI) up to 24% of the paid-up capital of the Company, subject to the maximum permissible limit of 26% of the paid-up capital of the Company, under the Portfolio Investment Scheme pursuant to FEMA (Transfer or issue of Security by a person resident outside India) Regulations, 2000 ('FEMA Regulations') and approval of Foreign Investment Promotion Board (FIPB) in accordance with the revised uplinking guidelines for News and current affairs channel by the Ministry of Information & Broadcasting, Government of India and other applicable laws. …”

However it would be subject to shareholders' approval, said the company in the filing.

Markus Noder, Managing Partner, Serviceplan International, shared innovative tools, ideas and methodologies to generate tangible business values

The primary reason that led to growth of OTT is the constant improvement of internet speed and service across the country: Sandeep Gupta, ACT Fibernet

Siddharth Kumar Tewary, Founder, Chief Creative, One Life Studios and Swastik Productions, on owning the IP on his most ambitious project 'Porus,' the risk of recovering its cost and his distribution strategy

Webscale plans to build the brand around smooth operations for the e-commerce sector and then move on to demand generation

The Tata Group is considering review of its Public Relations mandate which is currently handled by PR firm Edelman in association with Rediffusion. The review is likely to happen post January 2018.

KVL Narayan Rao, Group CEO, and Executive Vice Chairman of NDTV passed away at 63 after battling cancer for two years

Week 44 (October 29-November 4, 2017) of RAM Ratings saw Big FM and Fever FM dominating Mumbai. Meanwhile Fever, Radio City and Radio Mirchi dominated Delhi, Bangalore and Kolkata respectively.