Category: News Broadcasting

  • Ras-Al-Khaimah to host CNBC-TV18 CFO Awards

    MUMBAI: CNBC – TV18 have instituted for the first time an award for chief financial officers (CFOs) of India Inc., in recognition of the contribution that they have made towards the outstanding success of their organisations. The CNBC-TV18 CFO Awards 2006 will be held on 25 and 26 November at The Hilton, Ras-Al-Khaimah (RAK), UAE.

    RAK crown prince Shaikh Saud, RAK chairman Shaikh Faisal, Ministry of Economics HOD Shaikha Lubna will preside over the event and award the winners of the CFO Awards. The CFO of a company is primarily responsible for managing the financial risks of a business and also for financial planning and record-keeping. In recent years, however, the role has expanded to encompass communicating financial performance and forecasts to the analyst community, according to an official release.

    Working tirelessly behind the scenes, CFOs create wealth for organizations, stakeholders and customers. CNBC-TV18’s CFO Awards for the first time recognizes the experts who generate profits for India Inc’s most revered companies.

    The winners of the CNBC-TV18 CFO Awards, India’s most definitive awards for excellence in the financial field, will be selected after an extensive three -stage selection process.

    Nominations for these prestigious awards have been arrived at after a comprehensive quantitative research of India’s best businesses. Some of the nominations received for the awards are of famous industry stalwarts and well known CFOs of buoyant companies like KC Birla, (UltraTech), Moses Elias (Colgate), D.D. Rathi (Grasim), S. Radhakrishnan (Cipla), Ram S. Ramasundar (Ranbaxy) and Rajiv Rattan (Indiabulls Financial Services Ltd).

    A poll amongst senior management in corporate India and special industry groups will further shortlist the nominations. Eminent jury comprise Infosys Technology LTD director-HR & ENR TV Mohandas Pai, FPSB India chairman Shailesh Haribhakti, AV Brila Group CFO Sumant Sinha, Deloitte Haskins and Sells joint managing partner Dileep Choksi, ICICI Securities LTD MD Subrata Mukherji and HDFC MD Keki Mistry have been appointed to select winners in different award categories in the third stage

    Commenting on the CNBC-TV18 CFO Awards 2006, a spokesperson of CNBC-TV18 said, “The CFO’s function has transformed beyond recognition in recent years. Today’s CFO faces immense challenges from regulators, standard setters, investors and other stakeholders. These Awards will provide an in-depth insight into the best practices adopted by industry’s top CFOs across sector while benchmarking successful strategies that would help organizations across industries to enhance and maximize its potential. India Inc’s top CFOs have successfully structured their finance departments towards sustainable growth and these awards will assist in shaping the agenda for the finance function of the future.”

    Categories for the CFO Awards are:
    best CFO in the following Sectors
    · Auto & Auto Ancillaries
    · Telecommunication Sector
    · FMCG Sector
    · Healthcare Services
    · Financial Services
    · IT & ITES sector
    · Engineering & Capital Goods
    · Basic Materials – Commodities
    · Oil & Allied Services
    · Media
    · Diversified
    Most Promising Entrant into the big league
    Mergers & Acquisition Category
    Best CFO Viewers Choice
    CFO of the year

  • IBN7 appoints Times Now’s Sanjay Singh as senior editor

    IBN7 appoints Times Now’s Sanjay Singh as senior editor

    MUMBAI: IBN7 has roped in Times Now’s deputy news editor Sanjay Singh as the senior editor. In his new role, he will head IBN 7’s Mumbai bureau along with the additional responsibility of the entertainment desk.

    Singh has been credited as the man who authored Telgi Scam – Reporter Ki Diary the only written document on the Telgi scam. He was recently honoured with the International Press Institute Award by the President of India, according to a statement.

    He has held a number of senior positions in leading news channels like NDTV, and Zee News in the past.

    Announcing the appointment IBN7 managing editor Ashutosh said, “Sanjay is an old hand at journalism with great editorial experience. I am confident that his energy and commitment will further strengthen our operations and his leadership will take our news coverage to a different level.”

    “Sanjay is an exciting addition to IBN 7’s strong editorial team. His commitment to creative programme-making will ensure that IBN 7 broadcast the news in an accessible and engaging way.” added CNN-IBN and IBN7 editor-in-chief Rajdeep Sardesai.

  • Zee News, WWIL to list by February 2007; Dish TV likely by March

    Zee News, WWIL to list by February 2007; Dish TV likely by March

    MUMBAI: Zee Telefilms Ltd (ZTL) expects its two demerged entities, Wire & Wireless India Ltd (WWIL) and Zee News Ltd, to be listed by February 2007. This follows the approval of the demerger scheme by the Bombay High Court.

    The listing of Dish TV, Zee’s demerged direct-to-home (DTH) business, is likely to be by March. The scheme relating to the de-merger of DTH has not yet been listed for hearing at the Bombay Stock Exchange or in the Delhi Stock Exchange and will take some time. The listing date will be known only after the court gives the nod.

    “WWIL and Zee News Ltd should list by February 2007. We expect to list Dish TV by March,” says Essel Group CEO, corporate strategy and finance, Rajiv Garg.

    ZTL today announced the approval of its demerger scheme by the Bombay High Court. This paves the way for setting the record date for the demerger of the cable distribution and news and regional broadcasting businesses of Zee into WWIL and ZNL respectively.

    The Record Date is likely to fall in the latter half of December.

    The shareholders of Zee as on the Record Date shall be allotted shares in WWIL and Zee News. The respective companies would then be applying for listing of such shares to the BSE, NSE and CSE, in compliance with SEBI guidelines.

    Zee expects this process to be completed by February 2007.

  • Nielsen to launch VoD measurement service in US on 11 December

    Nielsen to launch VoD measurement service in US on 11 December

    MUMBAI: Nielsen Media Research in the United States has announced that it will launch a new service to measure nationally distributed Video On Demand (VoD) content on 11 December. This service will use the same National People Meter sample it uses to provide television ratings to national programmers.

    As with Nielsen’s current ratings, clients will receive household and demographic ratings for VoD content along with other detailed audience information. By measuring VoD content in its national ratings panel, Nielsen will enable clients to compare the performance of programs airing on traditional channels with the performance of those same programs on demand, informs an official release.

    Nielsen will be able to provide VoD reporting to clients who implement “watermarking,” or audio code, technology that identifies specific on-demand titles. Working in conjunction with clients, Nielsen has developed the encoding tools to uniquely “watermark” VoD content so that Nielsen’s newly deployed Active/Passive meter can accurately identify on-demand viewing sessions.

    Nielsen’s launch of VoD measurement ushers in a new level of reporting for all types of video on demand programming, including titles from the libraries of content providers and recently telecast programs shown again via VoD.
    New broadcast and cable network programming that is played back via VoD is already included in Nielsen’s time-shifted viewing ratings, but only if the programming content and advertising is the same as is in the original live telecast, adds the release.

    “Because Video On Demand is a growing business and a potentially valuable new revenue stream for programmers, it is increasingly important for them to understand who is watching their shows and to be able to compare the viewing that is being done via traditional television and VoD,” said Nielsen senior vice president Scott L Brown. “With this launch, we continue to ‘follow the video’ wherever it is broadcast, while fulfilling a commitment we made to clients who told us last year that VoD measurement was a major priority for them. Nielsen will be working with clients to make sure they install our watermarking technology so we can identify both their library content and their new, recently presented programs shown via VoD.”

    The release also states that Nielsen’s new watermarking process involves new software that embeds content identification information in the audio of the VoD program. This software has been tested by a number of clients over the course of several months and is now ready for use. Once a client installs the watermarking software, Nielsen can identify the programs it wishes to track through the VoD process, and the VoD programs viewed in sample households can be credited accordingly.

  • NDTV Profit to launch ‘Business on Course’

    NDTV Profit to launch ‘Business on Course’

    MUMBAI: Starting 18 November, NDTV Profit will showcase a new show Business on Course. The show will bring interviews with top notch CEO’s over a gaming session of golf .

    The discussions will focus on business strategies that they advocated as amateurs, the faults and mistakes they have made and learnt from. Until the present time with well honed skills and elegant swings, how they navigate themselves and their corporations through the intimidating course of business. A show on interesting experiences the businessmen have been through in their lives to be the pros and icons they are today, according to an informs.

    The repeat will air on 19 November at 8.30 am and 6 PM respectively. Its well accepted that golf as a sport reveals character. Top notch business executives have been known to use time on the golf course to plan business strategies, gain intimate knowledge of business associates, and strike the biggest deals over a shot on the greens.

    Business on Course spends half an hour every weekend evaluating the golf swing with CEOs on some of the best fairways across the country. With names like Pawan Munjal (Hero Honda), Gunit Chadha (Deutsche Bank, India), Arvind Thakur (NIIT) and V K Sibal (directorate general of Hydrocarbons) teeing off on Business on Course, the show will bring you a side of the best business minds that you have never seen before.

    NDTV Profit managing editor Vikram Chandra said, “They say 30 per cent of the world’s biggest business deals are sealed on the golf links. NDTV Profit is proud to turn this concept into a show that will bring to the viewers the real masters of the game who have made winning strokes both on and off the field.”

  • Time Warner hires NBC’s Randy Falco as CEO of AOL unit

    Time Warner hires NBC’s Randy Falco as CEO of AOL unit

    MUMBAI: Time Warner Inc. has hired NBC Universal Television group president Randy Falco as chairman and chief executive officer of its AOL unit, replacing Jonathan Miller.

    The announcement was made by Time Warner Inc.’s chairman and CEO Richard D Parsons and president and COO Jeff Bewkes, asserts an official release.

    Commenting on Falco’s appointment Parsons said, “Jeff Bewkes and I are very pleased that a top operating executive of Randy Falco’s expertise and experience will be leading AOL into its next stage of development. A key to Time Warner’s digital future, AOL is showing early success in transitioning to an advertising-focused business model, and Randy is a first-rate choice to ensure AOL realizes its promise.”

    As president of NBC’s broadcast and network operations division, Falco was in charge of the facilities and operations of the NBC television network worldwide, adds the release.

    Falco added, ” My challenge will be to execute on the strategy that I believe will make AOL once again the leader of the online world. I see a tremendous opportunity for meaningful growth at AOL and will work hard with the fine people at AOL to make sure the company lives up to its full potential.”

    Time Warner, parent of AOL is a US based integrated media and communications company whose businesses include interactive services, cable systems, filmed entertainment, television networks and publishing.

    Based in Dulles, Virginia, AOL is a global web services company that operates web destinations, runs the country’s Internet access business, and provides a full set of advertising solutions.

  • India re-elected to ITU council; Garg elected to Radio Regulations Board

    India re-elected to ITU council; Garg elected to Radio Regulations Board

    MUMBAI: India has been re-elected to serve on the Council of International Telecommunication Union (ITU) during the elections held today at the 17 International Telecommunication Union (ITU) Plenipotentiary Conference.

    The Plenipotentiary conference is the supreme organ of the ITU, which comprises of 191 member countries. 161 Countries have participated in the voting today. India secured 113 votes at this election. It may be recalled that India has been regularly serving on the ITU Council since 1952, according to an official release.

    This conference is the top policy-making body of the ITU held once in every four years. The Conference sets the Union’s general policies, adopts four-year strategic and financial plans and elects the senior management team of the organization, the members of council and the members of the Radio Regulations Board.

    The telecommunications department secretary D S Mathur is leading the delegation from India for participation in the Plenipotentiary Conference of the International Telecommunication Union (ITU) which is being held from 6 November to 24 November 2006 in Antalya, Turkey.

    India has been participating in the Council and other bodies of ITU effectively to ensure that the ITU policies and their implementation serve the national interest along with the overall interests of developing countries.

    Meanwhil, P K Garg wireless adviser to the government of India telecommunications department has been elected to the Radio Regulations Board (RRB) during the elections held today at the 17 International Telecommunication Union (ITU) Plenipotentiary Conference, from the Asia and Australasia region.

    According to the release, Garg secured 103 votes. The other members elected from Asia Region are from Pakistan and Malaysia.

    The Radio Regulations Board of the ITU is a part time body comprising 12 elected part time members representing the world’s five regions (Americas, Western Europe, Eastern Europe, Africa, Asia and Australasia). The Board has 3 members from the Asia and Australasia region.

    It may be recalled that at the conference, India had also been earlier elected as chairman of the important Working Group of the Plenary dealing mainly with the World Summit on Information Society (WSIS) issues, implementation of the Geneva (Phase 1) and of the Tunis (Phase 2) Action Plans of WSIS.

  • HC clearance paves the way for HBO’s return to Mumbai TV screens

    HC clearance paves the way for HBO’s return to Mumbai TV screens

    MUMBAI: Good news for English film buffs in Mumbai. HBO, which had been off air for several weeks, has got the all-clear to come back on air.

    The Mumbai High Court today accepted the undertaking given by the channel to air only U and U/A rated movies. This will facilitate cable operators in Mumbai and other parts of Maharastra to feature HBO on their networks.

    However, Star Movies, which has not yet given any such undertaking, is not covered by this development.

    Asked about this, Star Entertainment India CEO Sameer Nair said, “We are working hard to ensure that viewers get to watch it (Star Movies) as soon as possible. We are positive about a quick solution to the current issue and expect that we will be on air in the next few days as well.”

    HBO India country manager Shruti Bajpai said, “HBO is the first premier English movie channel to screen movies as per the recent High Court order. We respect the sensitivities and the laws of countries where we operate in. The people of Mumbai and rest of Maharashtra will now be able to enjoy top Hollywood entertainment featured on HBO.”

    HBO like the other English movie channels Zee Studio, Pix and Star Movies, is working closely with the Censor Board for certification of the films featured on the channel.

  • Star revenues to grow 15 % this fiscal: MPA

    Star revenues to grow 15 % this fiscal: MPA

    MUMBAI: The Star Group is expected to post a 15 per cent year on year revenue growth at $624 million for FY June 2007 with operating profit margins at 24.3 per cent or $151 million, according estimates by Hong Kong-based research firm Media Partners Asia (MPA).

    Star’s September quarter was relatively soft (historically soft for the broadcaster in Asia) with revenue up a modest 6 per cent Y/Y to $140 million (MPA estimate) and operating income up 8 per cent to $13 million.

    While subscription revenue grew by 6 per cent Y/Y, programming costs declined over the quarter. “This leverage, however, was offset by lower ad revenue at flagship STAR Plus in India, where the decrease in advertising reflected last year’s high base comparison when revenue grew 22 per cent Y/Y due to the successful broadcast of Kaun Banega Crorepati 2,” the MPA report said. Despite maintaining leadership position, Star’s ratings have softened with Zee TV posing a strong threat.

    Tata Sky, News Corp.’s 20:80 direct-to-home (DTH) joint venture with the Tatas, has acquired around 180,000 subscribers till October-end, after having launched its services in August. The company says it is on track to add a net one million subscribers per annum.

    “The early results have been encouraging,” the report quoted News Corp chief operating officer and president Peter Chernin as having said. “Any additions are sort of immediate additional subsribers for channels and the good news is that they are at least 100 per cent reporting, which is a nice positive phenomenon in India.”

    News Corp, parent company of Star, had a sluggish September quarter with operating income at $851 million, down 6 per cent Y/Y, with a strong performance at its cable network and newspaper businesses offset by softness at its TV, movie and digital satellite units. It saw also higher than expected costs at the company’s online properties. The company reported earnings of $0.27 per share, benefiting from a $261 million gain after the sale of Sky Brasil and $136 million from the sale of its 19.9 per cent stake in Chinese commercial broadcaster Phoenix Satellite TV, in which News Corp still holds a 17.6 per cent interest.

    The company, however, expects a strong full year in FY 07 with robust growth forecast for Star Group and aggressiv expansion of MySpace into multiple Asian markets, the MPA report said.

  • BBC looks at how the winners of the first edition of The World Challenge 2005 are faring

    BBC looks at how the winners of the first edition of The World Challenge 2005 are faring

    MUMBAI: World Challenge 2006 – a global competition seeking to highlight and reward outstanding examples of community enterprise and innovation – enters the final stage of this year’s competition with only a few days of voting left. The winners will be announced at an event in The Hague on 6 December 2006.

    BBC World had joined with Shell for the second year to run World Challenge 2006.

    As a prelude to unveiling this year’s winners, BBC World takes a look back at how last year’s winning projects have developed in the past 12 months. The three winning finalists from the 2005 competition feature in World Challenge: One Year On, which airs on BBC World on 18 November.

    In the programme, the three projects – Coconets from the Philippines, Malta’s Edible Oil Company and Vanuatu’s Nguna-Pele Rechargeable Battery – are revisited to find out how they have developed since the competition last year.

    Last year there was tough competition among the 12 projects that made it to the finals. Finalists included a range of projects from the production of organic leather clothes in England, a tribal women’s basket weaving co-operative from Kenya, chilli peppers as elephant repellent from Zambia, eco roof titles from the Ukraine, an employment project from South Africa for casual labourers and wildlife friendly wheat production from Spain.

    In the 2005 competition, a public poll saw the Coconets project in the Philippines emerge as the clear winner. Malta’s Edible Oil Company and Vanuatu’s Nguna-Pele Rechargeable Battery project were both named as runners-up.

    Dr. Justino Arboleda, general manager of Coconets, the winning project says: “When we actually won we were instant celebrities in our country and in all the newspapers and television stations and that gave our company a lot of publicity. People now deal with us as though we are a big company and we are getting larger and larger contracts.”

    Since last year, the company has expanded into the very poorest sections of society and bought more machinery with the prize money.

    There’s a similar story of growth for Vanuatu’s Nguna-Pele Rechargeable Battery project. When World Challenge returned to the reef rehabilitation scheme in September, Peace Corps volunteer Chris Bartlett pointed out that before last year’s competition there were only a few marine protected areas, but as a result of winning the prize money, that number has doubled – with every single village on Pele now having a conservation area. Chris says: “We see many more tourists on a weekly basis and all of that money then goes back to the local communities, which has then tripled and quadrupled the amount of enthusiasm that the local people have for conservation.”

    A year on, Pippa Psalia, commercial director of runner-up Edible Oil Company in Malta says, “Most certainly World Challenge has heightened the profile of bio-diesel… I think a competition like the BBC World’s World Challenge, for a country as small as Malta and a novel project such as ours, gave us a tremendous boost. Not only has it heightened our profile locally but it has also given us access overseas.”

    Robert Lamb, series producer of the World Challenge 2006 programmes says, “What comes through strongly is that it was not just the prize money that was most valuable, but also the publicity through the BBC World and Newsweek coverage. It has the knock-on effect of creating a lot of local press coverage. In that way others have been inspired, which after all is the real purpose of the World Challenge.”

    The inspiration continues this year with the current competition having received a record number of project nominations earlier this year, with a total of 816 from 120 countries including, Afghanistan, Cambodia, Greece, India and Uganda – a 79 per cent increase on the 2005 competition’s total nominations of 457. Voting for the 2006 competition ends on 19 November 2006 and the winner will be announced at an event in The Hague a few weeks later.