ITV

Category: GECs

  • Zee Learn reports improved y-o-y results for Q2:2014

    Zee Learn reports improved y-o-y results for Q2:2014

    BENGALURU: The Essel group’s education company Zee Learn Limited (Zee Learn) reported higher revenue from operations at Rs 23.91 crore, higher by 27 per cent as compared to the Rs18.84 crore for Q2-2013. The company also returned a PAT of Rs 0.54 crore for Q2-2014 as compared to a loss of Rs(-2.501) crore for the corresponding quarter of last year.

    During Q1-2014, the company had forex gain of Rs 1.86 crore on remittance of the GDR issue (listed on the Luxemburg Stock Exchange) proceeds, which was included in the other income of the company for that quarter. The company had reported a 28.7 per cent higher operating of revenue of Rs 33.52 crore for the immediate trailing quarter as well as PAT of Rs 3.25 crore, which was about six times (6.06 times) more than the PAT for the current quarter.

    Let us look at the other Q2-2014 results reported by Zee Learn

    Two heads that added to the profitability were increase in stock in trade and other income.

    Zee Learn reported increase in stock in trade of Rs 0.9543 crore for Q2-2014, which was 49.2 per cent higher than the Rs 0.6396 crore for Q1-2013, but was 35.2 per cent lower than the Rs 1.47 crore for the immediate preceding quarter (Q1-2014).

    Other income for Q2-2014 at Rs 0.4294 crore was 38.6 per cent lower than the Rs 0.5953 crore for Q2-2013 and less than a fifth (5.2 times lower) of the Rs 2.22 crore for Q1-2014. As mentioned above, this included a forex gain of Rs 1.86 crore for Q1-2014.

    Total expenditure for Q2-2014 at Rs 22.31 crore was 9.1 per cent higher than the Rs 20.46 crore for Q2-2013, but 28 per cent lower than the Rs 30.95 crore for the immediate trailing quarter.

    During Q2-2014, the company spent Rs 1.89 crore towards advertising expense, which was about 5.3 per cent lower than the Rs 2.0 crore for Q2-2013 and almost half (52.4 per cent) of the Rs 3.61 crore for Q1-2014.

    Towards publicity, the company spent Rs 2.01 crore for Q2-2014, which was 32.7 per cent lower than the Rs 2.98 crore for Q2-2013 and again almost half (50.6 per cent) of the Rs 3.97 crore for Q1-2014.

    Zee Learn spent 78.6 per cent more towards purchase of education goods and TV content at Rs 5.85 crore for Q2-2014 as compared to the Rs 3.28 crore for Q2-2013, but less than half (47.7 per cent) the the Rs12.27 crore for Q1-2014.
    Depreciation and amortisation for Q2-2014 at Rs1.75 crore was 23 per cent more than the Rs1.42 crore for Q2-2013 and 14.5 per cent more than the Rs1.53 crore for Q1-2014.

    Employee benefit expense at Rs 7.51 crore for Q2-2014 was 13.8 per cent lower than the Rs 8.71 crore for the corresponding quarter of 2013 and 9.7 per cent lower than the Rs 8.31 crore for Q1-2014.

  • Wayne Carini returns on Discovery Turbo with classic cars

    Wayne Carini returns on Discovery Turbo with classic cars

    MUMBAI: Discovery Turbo is lifting the hood on season six of the network’s signature series Chasing Classic Cars. Wayne Carini, host and legendary collector car archeologist, once again leads viewers into the exclusive world of high-end automobile collection where he finds, buys, restores and sells some of the finest, rarest vehicles ever made.

     

    The series will kick off on 2 December and will air every Monday at 9 pm.

     

    In the latest season, Wayne will pursue one-of-a-kind autos in secret stashes–homes, garages and barns–throughout America. He will also meet with some of the most respected collectors, restorers and artisans to bring viewers deeper into the elite inner circle of the classic car expert. From an iconic Mercedes Gullwing valued just shy of a cool million, to a duo of silky customs from legendary hot rodder Boyd Codington, to an affair with a collection of vintage motorcycles, this season has something for everyone.

     

    Discovery Networks Asia-Pacific, Senior Vice President and General Manager – South Asia and Head of Revenue, Pan-Regional Ad Sales and Southeast Asia Rahul Johri said, “Discovery Turbo brings for its viewers the most extraordinary and rare vehicles they love to watch. They appreciate Wayne’s exceptional knowledge of these vehicles in addition to his passion for everything on wheels. It’s this combination that makes Chasing Classic Cars one of Discovery Turbo’s most cherished series.”
     

  • ATA to be telecast on Star World and Channel V

    ATA to be telecast on Star World and Channel V

    MUMBAI: The eighteenth Asian Television Awards (ATA) that will be held on 5 December in Singapore will be telecast on Fox’s Asian channels Star World and Channel V. The awards ceremony will air across five feeds between the two channels and will reach audiences in Hong Kong, Taiwan, Singapore, Malaysia, Thailand, Indonesia, Philippines and Vietnam.

     

    ATA this year has attracted nearly 1250 entries from 14 countries across Asia-Pacific. 189 channels from 98 broadcasters, as well as 65 independent production companies, will compete in 38 categories under the three groups of ‘programming’, performance’, and ‘technical & creative’. The top four categories are ‘terrestrial channel of the year’, ‘cable and satellite channel of the year’, ‘terrestrial broadcaster of the year’ and ‘cable and satellite channel of the year’.

     

    This year, 22 Indian programmes have been selected for it with a majority from the TV18 group and the NDTV group.

     

    This will be ATA’s first ever regional broadcast on Fox’s International Channels. It will also be telecast on Singapore’s terrestrial broadcaster MediaCorp TV.

  • Now update Nokia Asha 501 with WhatsApp

    Now update Nokia Asha 501 with WhatsApp

    MUMBAI: It has become the most popular instant messaging (IM) service but Nokia Asha 501 users were not privileged to the WhatsApp service that currently has over 350 million monthly active users. Announced last month, the IM app will officially be available on the Nokia Asha 501 platform from today.

     

    The current users of the handset can download the IM app following the over-the-air software update. The new software also comes with a smarter camera experience through ‘swipe’ and one-touch social sharing, and a more intuitive and social Fastlane home screen.

     

    Asha 501 will be the first device on the Asha Platform to support WhatsApp. The updated software will offer Asha consumers with a more social experience, building on the previous Fastlane experience. The new interface comes with a single swipe camera, single touch share to Facebook and ability to track Facebook comments and likes right from your Fastlane screen,” said Nokia India director marketing Viral Oza.

     

    Also, now the new Nokia Asha 501 handsets that will hit the stores on 5 December will have the IM app pre-installed.

  • Sri Adhikari Brothers PAT q-o-q jumps 25 per cent in Q2-2014

    Sri Adhikari Brothers PAT q-o-q jumps 25 per cent in Q2-2014

    BENGALURU:  Sri Adhikari Brothers Television Network Limited (Sri Adhikari Brothers) reported a PAT of Rs 2.28 crore for Q2-2013, 24.6 per cent higher than the q-o-q PAT of Rs1.83 crore for Q1-2014.But Q2-2014 PAT dropped by 13 per cent as compared to the y-o-y PAT of Rs 2.62 crore for the corresponding quarter of last year (Q2-2013). The content provider had reported a loss of Rs 3.02 crore for Q4-2013.

     

     Net Sales/Income from operations for Q2-2014 at Rs 18.13 crore was 3.5 per cent higher than the Rs 17.52 crore for the trailing quarter (Q1-2014) and 29 per cent higher than the Rs 14.05 crore for Q2-2013.

     

    Let us look at the other results reported by Sri Adhikari Brothers for Q2-2014.

     

    Earnings before interest, depreciation and taxes (EBIDT) for Q2-2014 at Rs 5.04 crore was 10.7 per cent more than the Rs 4.56 crore for Q1-2014, but 15.8 per cent less than the EBIDT of Rs 5.99 crore for the corresponding quarter of last year.

     

    Sri Adhikari Brothers’ total expenditure for Q2-2014 at Rs 15.42 crore was about 0.9 per cent more than the Rs15.28 crore for Q1-2014 and 38.4 per cent more than the Rs 11.14 crore for Q2-2013.

     

    Production/direct expenditure for Q2-2014 at Rs 11.07 crore was 3.7 per cent more than the Rs 10.68 crore for Q1-2014 and 48.8 per cent more than the Rs 7.44 crore for Q2-2013.

     

     Other expenditure at Rs 1.67 crore for Q2-2014 was 13.4 per cent lower than the Rs 1.93 crore for Q1-2014 and 40.4 per cent more than the Rs 1.19 crore for the corresponding quarter of last year.

     

    Depreciation was almost flat for the three quarters – Rs 2.32 crore for Q2-2014, Rs 2.30 crore for Q1-2014 and Rs 2.36 crore for Q2-2013.

     

    Interest and finance charge for Q2-2014 at Rs 0.4437 crore was 4.6 per cent higher than the Rs 0.4241 crore for Q1-2014 and less than half (41.4 per cent) of the Rs 1.0223 crore q-o-q.

     

    Notes:  (1) In the AGM held on 27 September 2013, the company declared and paid final dividend at the rate of Rs 0.60 per equity share of Rs 10 each aggregating to Rs 1.4967 crore

     

    (2) Provision for tax and deferred tax as applicable will be considered by the company at the end of the financial year

  • Zee Learn reports improved y-o-y results for Q2:2014

    Zee Learn reports improved y-o-y results for Q2:2014

    BENGALURU: The Essel group’s education company Zee Learn Limited (Zee Learn) reported higher revenue from operations at Rs 23.91 crore, higher by 27 per cent as compared to the Rs18.84 crore for Q2-2013. The company also returned a PAT of Rs 0.54 crore for Q2-2014 as compared to a loss of Rs(-2.501) crore for the corresponding quarter of last year.

     

    During Q1-2014, the company had forex gain of Rs 1.86 crore on remittance of the GDR issue (listed on the Luxemburg Stock Exchange) proceeds, which was included in the other income of the company for that quarter. The company had reported a 28.7 per cent higher operating of revenue of Rs 33.52 crore for the immediate trailing quarter as well as PAT of Rs 3.25 crore, which was about six times (6.06 times) more than the PAT for the current quarter.

     

     Let us look at the other Q2-2014 results reported by Zee Learn

     

     Two heads that added to the profitability were increase in stock in trade and other income.

     

    Zee Learn reported increase in stock in trade of Rs 0.9543 crore for Q2-2014, which was 49.2 per cent higher than the Rs 0.6396 crore for Q1-2013, but was 35.2 per cent lower than the Rs 1.47 crore for the immediate preceding quarter (Q1-2014).

     

    Other income for Q2-2014 at Rs 0.4294 crore was 38.6 per cent lower than the Rs 0.5953 crore for Q2-2013 and less than a fifth (5.2 times lower) of the Rs 2.22 crore for Q1-2014. As mentioned above, this included a forex gain of Rs 1.86 crore for Q1-2014.

     

    Total expenditure for Q2-2014 at Rs 22.31 crore was 9.1 per cent higher than the Rs 20.46 crore for Q2-2013, but 28 per cent lower than the Rs 30.95 crore for the immediate trailing quarter.

     

    During Q2-2014, the company spent Rs 1.89 crore towards advertising expense, which was about 5.3 per cent lower than the Rs 2.0 crore for Q2-2013 and almost half (52.4 per cent) of the Rs 3.61 crore for Q1-2014.

     

    Towards publicity, the company spent Rs 2.01 crore for Q2-2014, which was 32.7 per cent lower than the Rs 2.98 crore for Q2-2013 and again almost half (50.6 per cent) of the Rs 3.97 crore for Q1-2014.

     

     Zee Learn spent 78.6 per cent more towards purchase of education goods and TV content at Rs 5.85 crore for Q2-2014 as compared to the Rs 3.28 crore for Q2-2013, but less than  half (47.7 per cent) the the Rs12.27 crore for Q1-2014.

    Depreciation and amortisation for Q2-2014 at Rs1.75 crore was 23 per cent more than the Rs1.42 crore for Q2-2013 and 14.5 per cent more than the Rs1.53 crore for Q1-2014.

     

     Employee benefit expense at Rs 7.51 crore for Q2-2014 was 13.8 per cent lower than the Rs 8.71 crore for the corresponding quarter of 2013 and 9.7 per cent lower than the Rs 8.31 crore for Q1-2014.

  • Subhash Chandra bestowed with Honorary Doctorate degree

    Subhash Chandra bestowed with Honorary Doctorate degree

    MUMBAI:  Zeel (Zee Entertainment Enterprises Ltd) and Essel Group, chairman Subhash Chandra received the Honorary Doctorate of Business Administration from the University of East London (UEL) for his instinctive ability to venture in to new businesses and make them successful.

    Chandra received the Doctorate from the University of East London Chancellor Lord Gulam Noon, himself a leading NRI entrepreneur, at a ceremony for its Royal Dock Business School graduates

    The citation presented at the event noted, “at the age of 17, Subhash Chandra steered his grandfather’s business back to stability and from Essel it became Essel Group of industries.”

    Chandra was privileged to have been considered for the honour. While accepting the award, he thanked the entire senior management team at the Royal Dock Business School. “It is indeed a privilege to be recognised outside one’s country, and in the presence of such highly acclaimed and respected individuals. I thank you all for bestowing this prestigious award that I feel honoured to receive,” he said.

    The recognition that Chandra has got isn’t just good for him but will also add a feather to the crown of Zeel and the entire Essel Group. Launched in 1992, brand Zee has earned a global recognition in its reign over the media and entertainment industry for the past 20 years.

    Now, on 21 November, Chandra will deliver a keynote speech at AsPIRE, the annual event hosted by JP Morgan at Lord’s to promote Asian-Pacific global leadership. He will take the audience through his life journey from humble beginnings in India to becoming a global billionaire. He will reveal his role models and advise on implementing ideas into successful business operations.

  • Sunday to become a fun day with Raavi and Gurpreet

    Sunday to become a fun day with Raavi and Gurpreet

    MUMBAI: Get ready to add some fun, spice and naughtiness to your life this Sunday. As a special treat for Raavi fans, Big Magic welcomes you into the innocent world of Raavi that is full of fun and excitement with Raavi Ka Ravivaar, a special 12-hour funfest.

     

    Anchored by one of the most established and renowned stand-up comedians in the industry, Gurpreet aka Ghugghi, this special marathon will present the cutest moments of the series on 24 November, Sunday from 8:00 am to 8:00 pm.

     

    In a short span, Raavi has managed to receive not just positive feedback but a lot of adulation from the viewers across HSMs. This marathon will highlight Amrita’s (Raavi’s mother) journey as a mother who takes a dramatic life decision to disguise her girl child as a boy. While Raavi’s true identity is under wraps, it initiates an extremely interesting cat and mouse game cleverly handled by little Raavi who plays dual roles dexterously.

     

    Learning a few tricks from Raavi, Ghuggi will don four special avatars to present this marathon. Raavi will also be seen anchoring this marathon along with the comedian. The witty duo is set to enthrall the audience with 12-hour marathon story on Raavi and her world laced with humour and entertainment.

     

    Gurpreet Ghugghi said: “This mischievous little Raavi is full of life. Taking a trip down memory lane with this cute kid was not just exciting but a whole lot of fun. Watch out for my special avatars this Sunday. I am sure the audiences will enjoy this marathon.”

     

    “Anchoring a show is new to me but Ghuggi uncle (Gurpreet Ghuggi) made it easy. It’s exciting to revisit the episodes that I had so much fun working on. This Sunday I know what I will be watching on TV. Hope the viewers also enjoy watching this marathon!” quips Raavi. The series air every Monday-Friday at 7 pm only on Big Magic.

  • Kashish Queer Film Festival invites entries for fifth edition

    Kashish Queer Film Festival invites entries for fifth edition

    MUMBAI: The Lesbian, Gay, Bi-sexual and Transgender (LGBT) community is set for a filmy outing very soon as entries for the fifth Kashish Mumbai International Queer Film Festival has been invited.

     

    The festival will be held from 21 to 25 May 2014 (tentative dates).

     

    Kashish Mumbai International Queer Film Festival is the only LGBTQ film festival in India to be held in a mainstream theater and the only queer festival to receive clearance from the Information and Broadcasting Ministry.

     

    The previous four editions of the festival were well received and attracted close to 6,500 footfalls over five days at two venues. Almost 120 to 130 films including shorts, documentaries and features with LGBTQ themes from across the world are screened at the festival every year.

     

    The competition categories in the festival are: Best Narrative Feature, Best Documentary Feature, Best Documentary Short, Best International Narrative Short, Best Indian Narrative Short, and Riyad Wadia award for Best Emerging Indian Filmmaker.

     

    The last date of submission of forms is January 31, 2014. However, the festival encourages early submission as previews begin mid November. The selected filmmakers will be notified by email by March 31, 2014.

     

    The winners will be selected by a panel of eminent jury.

     

    For details and online submission of forms, one can log on to https://www.surveymonkey.com/s/K2014-FilmSubmissionForm

  • Google, Bing join hands to eliminate illicit searches

    Google, Bing join hands to eliminate illicit searches

    MUMABI: While the availability of information online has turned out to be a blessing for almost everybody, it is also disturbing for parents who fear their kids getting exposed to unwanted data. Coming to their rescue are two of the world’s leading search engines — Google and Bing, who will jointly handle the menace of illicit searches made by under age kids on the cyber space.

     

    Now about 100,000 search keywords are going to be listed as illegal words. Moreover, someone searching for those keywords will not only be prohibited from viewing the search results but also be informed that his or her search is illegal. Soon, the strategy will be extended to 150 languages on global scale to make a huge difference.

     

    According to Google CEO Eric Schmidt, child sexual exploitation can be eliminated by terminating such keyword searches.

     

    The parent company of Bing, Microsoft has also stated that they have had zero-tolerance policy for any such material but now they are going to make it stricter.

     

    UK’s National Crime Agency and Internet Watch Foundation will help the internet giants in this initiative.