Tag: Economic Times

  • TRAI’s CDR idea rejected; Govt to look into Rs 3050 cr penalty

    TRAI’s CDR idea rejected; Govt to look into Rs 3050 cr penalty

    MUMBAI: The telecom ministry has formed a committee to look into TRAI’s penalty suggestion on Vodafone, Airtel and Idea as they allegedly failed to provide sufficient inter-connect points (PoI) to Reliance Jio, leading to severe call drops.

    Telecom operators across GSM and CDMA platforms meantime turned down TRAI’s recommendation of computing call drop rates through a meta data analysis of CDRs (call detail records). This, TRAI asserted, has been designed for billing purpose only, and not for checking quality of service. Such an analysis, the operators said, would project a flawed picture as abnormal call disconnects/terminations could be triggered by handsets getting turned off due to other errors, or due to battery draining out or a subscriber moving to an underground building or a station.

    Cellular Operators Association of India (COAI) represented the operators, the Economic Times reported.

    On the the hand, the union telecom minister Manoj Sinha said the ministry has formed the committee to look into the regulator’s recommendation on the proposed Rs 3,050 crore penalty, Business Standard reported. Last month, the regulator had proposed the penalty on the three telcos.

    Lately however Reliance Jio has been allegedly limiting all voice calls to 30 minutes. As a part of Jio’s free Welcome Offer, users were allowed unlimited voice calls. However, lately, the calls were being abruptly disconnected after a duration of 30 minutes, which is not an isolated case.

    The regulator had earlier sent a letter to the Department of Telecommunications recommending a charge of Rs 50 crore per circle for 21 service areas, except for Jammu & Kashmir, for Airtel and Vodafone. For Idea Cellular, TRAI suggested penalty for 19 circles.

    At the meeting of BRICS Ministers of Communications, Sinha said that the committee would give its considerations on the TRAI suggestion.

    The regulator’s suggestion came after Reliance Jio complained that more than 75 per cent of the calls on its network were dropping since the incumbent operators were not giving sufficient PoIs. The regulator stated that the incumbents went “against public interest.”

  • TRAI’s CDR idea rejected; Govt to look into Rs 3050 cr penalty

    TRAI’s CDR idea rejected; Govt to look into Rs 3050 cr penalty

    MUMBAI: The telecom ministry has formed a committee to look into TRAI’s penalty suggestion on Vodafone, Airtel and Idea as they allegedly failed to provide sufficient inter-connect points (PoI) to Reliance Jio, leading to severe call drops.

    Telecom operators across GSM and CDMA platforms meantime turned down TRAI’s recommendation of computing call drop rates through a meta data analysis of CDRs (call detail records). This, TRAI asserted, has been designed for billing purpose only, and not for checking quality of service. Such an analysis, the operators said, would project a flawed picture as abnormal call disconnects/terminations could be triggered by handsets getting turned off due to other errors, or due to battery draining out or a subscriber moving to an underground building or a station.

    Cellular Operators Association of India (COAI) represented the operators, the Economic Times reported.

    On the the hand, the union telecom minister Manoj Sinha said the ministry has formed the committee to look into the regulator’s recommendation on the proposed Rs 3,050 crore penalty, Business Standard reported. Last month, the regulator had proposed the penalty on the three telcos.

    Lately however Reliance Jio has been allegedly limiting all voice calls to 30 minutes. As a part of Jio’s free Welcome Offer, users were allowed unlimited voice calls. However, lately, the calls were being abruptly disconnected after a duration of 30 minutes, which is not an isolated case.

    The regulator had earlier sent a letter to the Department of Telecommunications recommending a charge of Rs 50 crore per circle for 21 service areas, except for Jammu & Kashmir, for Airtel and Vodafone. For Idea Cellular, TRAI suggested penalty for 19 circles.

    At the meeting of BRICS Ministers of Communications, Sinha said that the committee would give its considerations on the TRAI suggestion.

    The regulator’s suggestion came after Reliance Jio complained that more than 75 per cent of the calls on its network were dropping since the incumbent operators were not giving sufficient PoIs. The regulator stated that the incumbents went “against public interest.”

  • Siti Cable denies acquisition of Den Network

    Siti Cable denies acquisition of Den Network

    MUMBAI: The Siti Cable Network  management has vehemently denied – through a press release – the correctness of the news item that has appeared in The Economic Times today indicating that it was likely to acquire national MSO DEN Networks.

    Said Siti Cable executive director and CEO V D Wadhwa in the release:  “There are no such developments between Siti Cable and Den Networks and we would not like to comment on the speculative news  being carried out in the media in this regard”.

    The National and the Bombay Stock exchanges had also sought clarifications from Den Networks in the matter. The latter has through  a similar notice  signed by company secretary Jatin Mahajan to the exchange stated that as a policy  it does not comment on any market speculation.

    Siti Cable and Den Networks were responding to the query raised by the bourses about an article that appeared in the business daily that alleged that Siti Cable chairman Subhash Chandra is looking to expand his cable business by acquiring the Sameer Manchanda-promoted Den Networks for Rs 2,000 crore.

     

  • Siti Cable denies acquisition of Den Network

    Siti Cable denies acquisition of Den Network

    MUMBAI: The Siti Cable Network  management has vehemently denied – through a press release – the correctness of the news item that has appeared in The Economic Times today indicating that it was likely to acquire national MSO DEN Networks.

    Said Siti Cable executive director and CEO V D Wadhwa in the release:  “There are no such developments between Siti Cable and Den Networks and we would not like to comment on the speculative news  being carried out in the media in this regard”.

    The National and the Bombay Stock exchanges had also sought clarifications from Den Networks in the matter. The latter has through  a similar notice  signed by company secretary Jatin Mahajan to the exchange stated that as a policy  it does not comment on any market speculation.

    Siti Cable and Den Networks were responding to the query raised by the bourses about an article that appeared in the business daily that alleged that Siti Cable chairman Subhash Chandra is looking to expand his cable business by acquiring the Sameer Manchanda-promoted Den Networks for Rs 2,000 crore.

     

  • Times Internet forays into content marketing with ‘Spotlight’

    Times Internet forays into content marketing with ‘Spotlight’

    MUMBAI: When conventional modes of communication are failing marketers, they are increasingly looking to reinvent the old formulas in a new light, content marketing being one of them. Not just the media and creative start-ups but digital media behemoths like Times Internet have invested in the content game. Times Internet has recently launched a one stop digital content solutions studio -‘Spotlight.’ With an aim to be strategic partners with brands, Spotlight will cater to branded content needs of the clients.

    “Spotlight will help marketers define their content strategy, create it and distribute it, not only on our platforms but across their own and others. We will also help them understand how to measure their return on their branded content efforts by helping them translate them into traditional marketing metrics. What makes Spotlight stand out will be its ability to create branded content not only in English, but 9 other Indian regional languages across 150 million users,” said Times Internet, CRO, Gulshan Verma.

    The company is banking on its massive reach in the country through multiple content based platforms like Times of India, Economic Times, NavBharat Times, iDiva Gaana, MagicBricks, and many more. Spotlight intends to tap into the interest graph of its client’s target audience and drive brand recall and preference through contextualizing reach.

    “It’s been on our mind for a while and we finally had a robust plan together and got all the experts we needed to start the process and we did! With some of the best minds in the business across genres it’s makes absolute sense to give the very best we have to offer to our clients. Neha Gupta, who comes from NDTV Convergence will be heading the operations at Spotlight and I’m positive she will do a stellar job,” he added.

    When it comes to production, Verma informed that Spotlight will produce a huge chunk of the content in-house backed by capabilities in terms of photos, videos and articles, while also exploring commissioning options as well. “We have our in-house team of experts with in-depth knowledge across industries who work with the brand to understand the key result areas and building content with them, and thereafter they ideate and create the final product with the production team, who have been specially brought in the Spotlight team. We provide end to end solutions,” he said.

    Though digital videos are often synonymous with short form content, Spotlight will explore a ‘bit of both.’ With an intention to go beyond engaging audience over snack-sized content, Verma shared that they don’t mind investing in long term projects that may give rise to an extended storyline or even a web series.

    “We would prefer to work with marketers on a comprehensive plan and sometimes that may involve building a long term story including a video web series, but also articles, questionnaires, photo shoots. As to whether it would be long or short form – it depends on what the goal is – initially, the focus for a marketer is to do bite size content that can be consumed quickly and spark interest, but as you draw audiences in, it could be taken forward. We even partner with our brands to create on the ground events such as the one we recently did with GE at the ET Health World launch where CEOs and decision makers in that space got together for an evening,” explained Verma.

    Since the video boom, advertisers are jumping on the content marketing bandwagon. However, more often than not they make one time small investment that doesn’t give them the promised result from the medium, which in turn affects the adopt-ability of the marketing form.

    When asked how Verma intends to handle this trend within advertisers, he shared, “It’s a complicated and tedious process to coordinate one activity for a marketer and get content producers, execution and promotion across to a large audience in one place today. The power of content marketing is being realized through increasing adoption of native advertising already. The slower adoption rate is a function of lack of content experts who can create meaningful and qualitative content on a large scale and engage mass audience within the defined TG. Most marketers need to connect with one unit for content and another for reach. Spotlight intends to bring every aspect of content marketing as a one stop creative powerhouse.”

    With its brand new content marketing arm, Times Internet plans to become an umbrella under which all types of brands can seek solutions, rather than taking the specialisation route.

    “In the Industry we can see the first movers being mostly consumer brands but education, finance and real estate are also getting into content space extensively. Times Internet can help you along every stage of the sales funnel. From creating awareness, to driving trials, to point of sale conversions and re-targeting loyal consumers. This makes Spotlight the partner of choice for most industry categories. We have the capability of combining content marketing with the desired impact at any stage of sales process,” Verma shared, adding that they already are in talks with several brands to sign deals.

  • Times Internet forays into content marketing with ‘Spotlight’

    Times Internet forays into content marketing with ‘Spotlight’

    MUMBAI: When conventional modes of communication are failing marketers, they are increasingly looking to reinvent the old formulas in a new light, content marketing being one of them. Not just the media and creative start-ups but digital media behemoths like Times Internet have invested in the content game. Times Internet has recently launched a one stop digital content solutions studio -‘Spotlight.’ With an aim to be strategic partners with brands, Spotlight will cater to branded content needs of the clients.

    “Spotlight will help marketers define their content strategy, create it and distribute it, not only on our platforms but across their own and others. We will also help them understand how to measure their return on their branded content efforts by helping them translate them into traditional marketing metrics. What makes Spotlight stand out will be its ability to create branded content not only in English, but 9 other Indian regional languages across 150 million users,” said Times Internet, CRO, Gulshan Verma.

    The company is banking on its massive reach in the country through multiple content based platforms like Times of India, Economic Times, NavBharat Times, iDiva Gaana, MagicBricks, and many more. Spotlight intends to tap into the interest graph of its client’s target audience and drive brand recall and preference through contextualizing reach.

    “It’s been on our mind for a while and we finally had a robust plan together and got all the experts we needed to start the process and we did! With some of the best minds in the business across genres it’s makes absolute sense to give the very best we have to offer to our clients. Neha Gupta, who comes from NDTV Convergence will be heading the operations at Spotlight and I’m positive she will do a stellar job,” he added.

    When it comes to production, Verma informed that Spotlight will produce a huge chunk of the content in-house backed by capabilities in terms of photos, videos and articles, while also exploring commissioning options as well. “We have our in-house team of experts with in-depth knowledge across industries who work with the brand to understand the key result areas and building content with them, and thereafter they ideate and create the final product with the production team, who have been specially brought in the Spotlight team. We provide end to end solutions,” he said.

    Though digital videos are often synonymous with short form content, Spotlight will explore a ‘bit of both.’ With an intention to go beyond engaging audience over snack-sized content, Verma shared that they don’t mind investing in long term projects that may give rise to an extended storyline or even a web series.

    “We would prefer to work with marketers on a comprehensive plan and sometimes that may involve building a long term story including a video web series, but also articles, questionnaires, photo shoots. As to whether it would be long or short form – it depends on what the goal is – initially, the focus for a marketer is to do bite size content that can be consumed quickly and spark interest, but as you draw audiences in, it could be taken forward. We even partner with our brands to create on the ground events such as the one we recently did with GE at the ET Health World launch where CEOs and decision makers in that space got together for an evening,” explained Verma.

    Since the video boom, advertisers are jumping on the content marketing bandwagon. However, more often than not they make one time small investment that doesn’t give them the promised result from the medium, which in turn affects the adopt-ability of the marketing form.

    When asked how Verma intends to handle this trend within advertisers, he shared, “It’s a complicated and tedious process to coordinate one activity for a marketer and get content producers, execution and promotion across to a large audience in one place today. The power of content marketing is being realized through increasing adoption of native advertising already. The slower adoption rate is a function of lack of content experts who can create meaningful and qualitative content on a large scale and engage mass audience within the defined TG. Most marketers need to connect with one unit for content and another for reach. Spotlight intends to bring every aspect of content marketing as a one stop creative powerhouse.”

    With its brand new content marketing arm, Times Internet plans to become an umbrella under which all types of brands can seek solutions, rather than taking the specialisation route.

    “In the Industry we can see the first movers being mostly consumer brands but education, finance and real estate are also getting into content space extensively. Times Internet can help you along every stage of the sales funnel. From creating awareness, to driving trials, to point of sale conversions and re-targeting loyal consumers. This makes Spotlight the partner of choice for most industry categories. We have the capability of combining content marketing with the desired impact at any stage of sales process,” Verma shared, adding that they already are in talks with several brands to sign deals.

  • Zuckerberg Media open to broadcast and production partners in India

    Zuckerberg Media open to broadcast and production partners in India

    MUMBAI: Indian original content providers and production houses better perk up their ears, for Zuckerberg Media, headed by ex Facebook marketing honcho and ace television content producer Randi Zuckerberg is looking east and her next destination for exploring partnership is none other than India. In an interview with Economic Times Randi has shared her interest in entering the indian content market with an aim to create television shows for kids.

    Already set to come out with a kids show this year, Zuckerberg opens invitation for Indian broadcasters for partnering with them to launch new shows for the indian audience.

    “We have a children’s TV show coming up this fall. If there are broadcast partner opportunities in India or Indian media companies that are creating original content then we would love to partner with them. Though we have no plans to set up an office in India at present,” she adds.

    This not only opens up  options for Indian broadcasters to air shows from  international productions  but also for content creators to partner with Zuckerberg Media and produce shows together.

    With how kids entertainment shaped up last year and the ongoing trends, the key emphasis being original home grown kids shows, partnering with local production houses and content creators becomes more vital for the Zuckerberg Media, to stay relevant to the market.

    Founder and CEO of boutique marketing firm  and production Zuckerberg Media,  Randi Zuckerberg  working with high profile organizations and Fortune 500 companies such as The Clinton Global Initiative, Cirque du Soleil, Conde Nast, and PayPal.

    Pointing out that their reach isn’t limited to television, Zuckerberg further adds  how important it is for kids content creators to be medium fluid when developing a show for the tech savvy gen z.

    “We create digital content and we are across media, that’s TV, digital networks, mobile. When you’re talking about programming for children, they access shows on mobiles and tablets anytime, anywhere.”

    Being  conditioned to the world standards of content creation and familiar with the digital space as well, Zuckerberg Media might be just what web and mobile  creators were waiting for.

    With these big hints dropped,  one has to wonder which of the key broadcasting players catering to Indian kids entertainment  will ink a deal with the international production house first.

  • Zuckerberg Media open to broadcast and production partners in India

    Zuckerberg Media open to broadcast and production partners in India

    MUMBAI: Indian original content providers and production houses better perk up their ears, for Zuckerberg Media, headed by ex Facebook marketing honcho and ace television content producer Randi Zuckerberg is looking east and her next destination for exploring partnership is none other than India. In an interview with Economic Times Randi has shared her interest in entering the indian content market with an aim to create television shows for kids.

    Already set to come out with a kids show this year, Zuckerberg opens invitation for Indian broadcasters for partnering with them to launch new shows for the indian audience.

    “We have a children’s TV show coming up this fall. If there are broadcast partner opportunities in India or Indian media companies that are creating original content then we would love to partner with them. Though we have no plans to set up an office in India at present,” she adds.

    This not only opens up  options for Indian broadcasters to air shows from  international productions  but also for content creators to partner with Zuckerberg Media and produce shows together.

    With how kids entertainment shaped up last year and the ongoing trends, the key emphasis being original home grown kids shows, partnering with local production houses and content creators becomes more vital for the Zuckerberg Media, to stay relevant to the market.

    Founder and CEO of boutique marketing firm  and production Zuckerberg Media,  Randi Zuckerberg  working with high profile organizations and Fortune 500 companies such as The Clinton Global Initiative, Cirque du Soleil, Conde Nast, and PayPal.

    Pointing out that their reach isn’t limited to television, Zuckerberg further adds  how important it is for kids content creators to be medium fluid when developing a show for the tech savvy gen z.

    “We create digital content and we are across media, that’s TV, digital networks, mobile. When you’re talking about programming for children, they access shows on mobiles and tablets anytime, anywhere.”

    Being  conditioned to the world standards of content creation and familiar with the digital space as well, Zuckerberg Media might be just what web and mobile  creators were waiting for.

    With these big hints dropped,  one has to wonder which of the key broadcasting players catering to Indian kids entertainment  will ink a deal with the international production house first.

  • Balaji Telefilms denies specific intent to sale of stake in digital business to global firm

    Balaji Telefilms denies specific intent to sale of stake in digital business to global firm

    BENGALURU: Balaji Telefilms Limited has denied any specific intention of selling a stake in its digital business to a global firm  in a response filed at the bourses. The Stock Exchange had asked for a clarification from Balaji Telefilms about a report published in the Economic Times that said the Balaji Telefilms was in talks with a global firm to sell a 20 percent stake, and the deal valued Balaji’s digital business at Rs 1,900 crore.

     

    In its response, Balaji Telefilm said that the company, during its normal course of business, keeps exploring various opportunities to enhance shareholder value, including fund raising opportunities. There are, however, no specific discussions/negotiations by the company regarding sale of its stake in the digital business subsidiary. The response says that Balaji Telefilms was cognizant of its regulatory responsibilities and would keep the Stock Exchanges informed in case of any specific developments.

     

    The response further said that Balaji Telefilms was working towards getting the necessary approval(s) from its shareholders in the matter which was already informed to the Stock Exchanges in its Outcome of Board Meeting  letter date November 9, 2015, stating that the Board of Directors of the Company in its meeting held on November 9, 2015, had approved to raise funds not exceeding Rs 250 crore by way of QIP/GDR/ADR/FCCB/other securities linked to equity/preference shares/any security or instrument representing convertible securities and to increase the authorised share capital of the company  from Rs 20 crore to Rs 26 crore, subject to approval of shareholders.

     

    Balaji Telefilm said that it had no comment to offer on the price movement mentioned by the Stock Exchange letter, as this was a function of the market.

  • ET’s Rahul Joshi to join Network18 as group CEO news

    ET’s Rahul Joshi to join Network18 as group CEO news

    MUMBAI: The flow of top level talent from Bennett, Coleman & Co Ltd (BCCL) continues into the Reliance Industries’ controlled Network 18.

     

    After appointing Radio Mirchi CEO and managing director AP Parigi as Network18 group CEO in January this year, the company has now roped in Economic Times’ editorial director Rahul Joshi as the CEO of news and group editor-in-chief.

     

    A top level executive from Bennett, Coleman & Co Ltd confirmed to Indiantelevison.com that Joshi had indeed put in his papers at the company. 

     

    A source close to the development added, “Through a mail to all the employees of Network18, it was announced that Rahul Joshi will take the position of CEO news and group editor-in-chief. Since there was no one in this position earlier, there is no question of him replacing anyone. The team here is looking forward to working under his guidance.”

     

    Joshi had been serving as editorial director at Economic Times along with Rajrishi Singhal since 2004. However, after Singhal moved to the role of consulting editor in 2006, Joshi was handling the role of editorial director single handedly.