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Tag: Ekta Kapoor

  • Hindi GECs to be bigger and better in 2017

    Hindi GECs to be bigger and better in 2017

    MUMBAI: As the new year 2017 begins, broadcasters across Hindi general entertainment channels, are all set to come up with their big bang shows. Be it Star Plus, Colors, Sony Entertainment Television, Zee TV, Life OK, &TV or Sab TV. Each channel has pulled up its sleeves to offer a wide range of entertainment. On the one hand where Star Plus is launching its grand singing reality show ‘Dil Hai Hindustani’ from 7 January, Colors is bringing up an international format to India Rising Star.

    After strengthening the weekend time slot and rising higher and higher in the GEC space, courtesy its  reality show Super Dancer, Sony is betting big on its weekday programming with some big budget shows. Zee TV too is not leaving any stone unturned when it comes to content experimentation. Life OK changed its programming strategy altogether. Focusing more on the male audience, the channel is now experimenting with content to attract male TG for Life OK.

    &TV and Sab TV too have geared up for the race.

    With DD’s third auction bidding in December  for the prime time slot, Doordarshan too girded up its loins to launch television shows. Gajendra Singh’s Saaibaba Telefilms and Ekta Kapoor-promoted Balaji Telefilms are putting together programming ranging from family dramas to youth-oriented shows to music reality shows which may lead to the revival of viewership of the network. Indiantelevision had reported that Balaji bid successfully for four slots, and Saaibaba bagged two slots on Doordarshan’s prime time slot auctions. 

    Lets see what the Hindi GECs have for their viewers in 2017:

    Colors

    Rising Star: Originally created and produced by Tedy Productions and Keshet Broadcasting, it has since inception in 2013, enthralled  global audiences with the most vivid talent. With more than 250 episodes globally to its credit, the format has been aired across more than 16 countries including Israel, the U, Brazil, Portugal, Argentina, China, Cambodia and Indonesia.

    The show is slated to launch in January-end. It will be a weekend programme which will replace Bigg Boss 10. Rising Star’s Indian adaptation will be produced by Optimystix Entertainment.

    Another offering from Colors is ‘Dil Se Dil Tak’, produced by Shashi Sumeet Mittal Production which will probably replace Bigg Boss 10 on weekdays at 9pm.

    ‘Chhote Miyan’ featuring the most talented kids from India is back with Season 4. After a gap of four years, the show is bringing a new format and much more laughter and entertainment.

    Star Plus

    Starting 7 January, Star Plus will launch its first show of 2017. Produced by Frame Production, ‘Dil Hai Hindustani’ will celebrate the popularity of Bollywood music through talent from across the globe, from different cultures and nationalities, bound by their love for Bollywood. The talent will be judged by an expert panel who put India on the world map of music. The panel would consist of director Karan Johar who travelled the globe to handpick singers while Bollywood’s favourite rapper Badshah will be seen making a debut as a judge on television. Music sensation – Shekhar Ravjiani and Shalmali Kholgade will be seen monitoring the contestants and judging the show.

    Another show, ‘Meri Durga’ directed by Ravindra Gautam and produced by Paperback Films is slated to launch by January-end. Set in the backdrop of Haryana, this show is a drama serial which will dramatise the relationship of a man and his daughter. Star Plus will also be offering ‘Nastik’ slated to launch by February.

    Zee TV

    Produced by Sidharth Malhotra’s Alchemy Films, ‘Wo Apna Sa’ is slated to launch on 23 January in the 10pm time-band from Monday to Friday. The show will have Disha Parmar. And it will be  Ridhi Dogra Vashisth is come back to television after a long hiatus. Zee TV is back with one of its most popular shows ‘Saregamapa Little Champs’..  

    Sony Entertainment Television

    Sony will soon launch one of its most-awaited shows ‘Peshwa Bajirao.’ Produced by Sphere Origins and creatively produced by Nilanjana Purkayasstha’s company Invictus T Mediaworks, the show is based on Bajirao Mastani. It is  slated to launch in January and will replace ‘Ek Rishta Sanjhedari ka’.

    Written by Saba Mumtaz and produced by Rahul Tewary, ‘Yeh Moh Moh ke Dhaage’ is a series about a family which is set in Gujarat. The story of the new show revolves around three lovers.

    Life OK

    Produced by Saurabh Tewari in association with Life OK, Ghulaam promises to focus on life in Berahampur, especially the atrocities meted out against women and focus on the men who rule the land. The men here will go to any length to terrify all to rule this town where  the law of the land has no jurisdiction. The show will be aired from 16 January from Monday to Friday at 9pm.  Another show, ‘Har Dard Ka Mard,’ is the new offering from Life OK this month. It has been produced by DJ’s  Creative and is directed by Parmeet Sethi.

  • Saaibaba musicals & comedy, Balaji dramas may lift DD’s fortunes from Feb

    Saaibaba musicals & comedy, Balaji dramas may lift DD’s fortunes from Feb

    MUMBAI: Starting February, pubcaster Doordarshan is geared up to launch television shows following the prime time programming slot auction in December.

    Saaibaba Telefilms and Ekta Kapoor-promoted Balaji Telefilms are putting together programming ranging from family dramas to youth-oriented shows to music reality shows which may lead to revival of the viewership and finances of the network. indiantelevision had reported that Balaji bid successfully for four slots, and Saaibaba bagged two slots on Doordarshan’s prime time slot auctions.

    Saaibaba, which is popular for shows such as SaReGaMa, Antakshari, and Star Voice of India, will produce music-focused reality and fiction shows for Doordarshan. Saaibaba won bids for 7.30 pm to 8 pm from Monday to Friday, and 8pm to 9pm on Saturday and Sunday, indiantelevision.com had reported.      

    Saaibaba director Shweta Singh on Tuesday told indiantelevision.com, “We had not applied for initial two bids but put the hat in the third ring because it was feasible and fortunately got two slots. In terms of content, we are looking for musical reality shows for weekends and comedy show on weekdays.”     

    Balaji COO – television business Ketan Gupta reportedly said that one of the shows was going to be a youth-focused show, while another would be a love story. A daily soap opera (family drama) has been planned for the Friday slot, he added.

    Balaji has made superhit fiction shows such as Kumkum Bhagya on Zee and Pavitra Bandhan (which runs on DD National). It successfully pocketed three slots (half an hour each for 8-9:30pm programming) from Monday to Thursday. The production house won two slots for 8-9pm programming on Friday.

    After a Prasar Bharati Board meeting in October, Doordarshan had announced a series of concessions once the programmers come on board, including lowering the base price for a 30-minute slot to Rs. 1,50,000.      

    DD sources had told indiantelevision.com that the only eligibility criterion that has been relaxed is that the basic price for auction has come down to Rs 1,50,000 (Rs 1.5 lakh) for a 30-minute slot. It was Rs 250.000 when the auction was announced in June this year, and was decreased to Rs 200,000 when the new date was set in early September 2016.

    However, most of the other eligibility norms remain the same as earlier in the New Content Acquisition Scheme that has been approved by Prasar Bharati Board.

    Also Read: Balaji & Saaibaba bag prime time slots on DD National

    DD non-prime time slots programmes invited; FCTs specified

  • Saaibaba musicals & comedy, Balaji dramas may lift DD’s fortunes from Feb

    Saaibaba musicals & comedy, Balaji dramas may lift DD’s fortunes from Feb

    MUMBAI: Starting February, pubcaster Doordarshan is geared up to launch television shows following the prime time programming slot auction in December.

    Saaibaba Telefilms and Ekta Kapoor-promoted Balaji Telefilms are putting together programming ranging from family dramas to youth-oriented shows to music reality shows which may lead to revival of the viewership and finances of the network. indiantelevision had reported that Balaji bid successfully for four slots, and Saaibaba bagged two slots on Doordarshan’s prime time slot auctions.

    Saaibaba, which is popular for shows such as SaReGaMa, Antakshari, and Star Voice of India, will produce music-focused reality and fiction shows for Doordarshan. Saaibaba won bids for 7.30 pm to 8 pm from Monday to Friday, and 8pm to 9pm on Saturday and Sunday, indiantelevision.com had reported.      

    Saaibaba director Shweta Singh on Tuesday told indiantelevision.com, “We had not applied for initial two bids but put the hat in the third ring because it was feasible and fortunately got two slots. In terms of content, we are looking for musical reality shows for weekends and comedy show on weekdays.”     

    Balaji COO – television business Ketan Gupta reportedly said that one of the shows was going to be a youth-focused show, while another would be a love story. A daily soap opera (family drama) has been planned for the Friday slot, he added.

    Balaji has made superhit fiction shows such as Kumkum Bhagya on Zee and Pavitra Bandhan (which runs on DD National). It successfully pocketed three slots (half an hour each for 8-9:30pm programming) from Monday to Thursday. The production house won two slots for 8-9pm programming on Friday.

    After a Prasar Bharati Board meeting in October, Doordarshan had announced a series of concessions once the programmers come on board, including lowering the base price for a 30-minute slot to Rs. 1,50,000.      

    DD sources had told indiantelevision.com that the only eligibility criterion that has been relaxed is that the basic price for auction has come down to Rs 1,50,000 (Rs 1.5 lakh) for a 30-minute slot. It was Rs 250.000 when the auction was announced in June this year, and was decreased to Rs 200,000 when the new date was set in early September 2016.

    However, most of the other eligibility norms remain the same as earlier in the New Content Acquisition Scheme that has been approved by Prasar Bharati Board.

    Also Read: Balaji & Saaibaba bag prime time slots on DD National

    DD non-prime time slots programmes invited; FCTs specified

  • Ekta ties up with Lemon Advisors for Alt Balaji global launch

    Ekta ties up with Lemon Advisors for Alt Balaji global launch

    MUMBAI: Ekta Kapoor’s Alt Balaji, which is gearing up for launch in early 2017, has announced a strategic partnership with Lemon Advisors, a Singapore based technology consulting firm. With this tie-up, the tech company will assist and strengthen business development activities in key global markets with significant Indian diaspora and demand for Indian content.

    “We are delighted to have Lemon Advisors on board. Their impressive network spanning across 30 countries worldwide will certainly help us in reaching out to the global audience. Technology will play a huge role in shaping the growth trajectory of digital entertainment industry in India and globally, and as we make our foray into the domain with disruptive content, we are proud to have an established technology and business development partner,” said Balaji Telefilms group CEO Sameer Nair.

    Lemon Advisors will help Alt Balaji forge alliances with distribution partners like telecom operators, internet service providers and OEMs. They will also assist in exploring brand alliance opportunities with major international brands along with planning& executing marketing and on ground activities. In addition to this, they will also be a representative entity for Alt Balaji at various trade shows & exhibitions.

    “Balaji is a name that every Indian content consumer worldwide is extremely familiar with. It’s a privilege for us to partner with Balaji as they embark on their digital journey in the form of Alt Balaji. We are happy that we will have a chance to contribute to the overall success of their endeavour”, added Lemon Advisors founder and chairman SubhashR. Ghosh.

  • Ekta ties up with Lemon Advisors for Alt Balaji global launch

    Ekta ties up with Lemon Advisors for Alt Balaji global launch

    MUMBAI: Ekta Kapoor’s Alt Balaji, which is gearing up for launch in early 2017, has announced a strategic partnership with Lemon Advisors, a Singapore based technology consulting firm. With this tie-up, the tech company will assist and strengthen business development activities in key global markets with significant Indian diaspora and demand for Indian content.

    “We are delighted to have Lemon Advisors on board. Their impressive network spanning across 30 countries worldwide will certainly help us in reaching out to the global audience. Technology will play a huge role in shaping the growth trajectory of digital entertainment industry in India and globally, and as we make our foray into the domain with disruptive content, we are proud to have an established technology and business development partner,” said Balaji Telefilms group CEO Sameer Nair.

    Lemon Advisors will help Alt Balaji forge alliances with distribution partners like telecom operators, internet service providers and OEMs. They will also assist in exploring brand alliance opportunities with major international brands along with planning& executing marketing and on ground activities. In addition to this, they will also be a representative entity for Alt Balaji at various trade shows & exhibitions.

    “Balaji is a name that every Indian content consumer worldwide is extremely familiar with. It’s a privilege for us to partner with Balaji as they embark on their digital journey in the form of Alt Balaji. We are happy that we will have a chance to contribute to the overall success of their endeavour”, added Lemon Advisors founder and chairman SubhashR. Ghosh.

  • Alt Balaji: Ekta Kapoor casts Rajkummar Rao in Bose biopic

    Alt Balaji: Ekta Kapoor casts Rajkummar Rao in Bose biopic

    MUMBAI: After bringing to life the story of Silk Smitha in The Dirty Picture on the big screen, Ekta Kapoor is now bringing Subhash Chandra Bose’s life to the digital world, with an all new dimension to the storytelling. The subscription based video-on-demand platform Alt Balaji has announced the launch of a new digital series which essays the life of Netaji Subhash Chandra Bose. Rajkummar Rao will be seen enacting the role of Bose. The digital show promises to showcase the untold story of his life, – a biopic like never seen before.

    “The unknown side of events, happenings and personalities has always intrigued me, I am drawn to these mysteries! Bose is such a strong character from our history and yet there is so much about him that we don’t know, and that hasn’t been told on any medium before. The unbounded mystery around him is so fascinating and that was my trigger to tell this side of his story on the digital platform. It is edgy, fast paced and it’s everything that you don’t expect it to be!” said Kapoor.

    Rao is spending a majority of his time researching/prepping for the once in a lifetime kind of role.

    Rao added, “I’m extremely excited to explore the unheard journey of Netaji on screen. It’s a great opportunity for me as an actor. I was totally blown away hearing his life story. He is one of the most mysterious and fascinating persons of our history and of course, we all know about his true love for the country and with Ekta and Synergy backing it I don’t have any doubts that our audience will get to witness something never seen before on Indian screen.”

    Kapoor is all set to step into the web world with her new digital foray set to launch in early 2017. The app showcases exclusive, original, and never-seen before digital shows.

  • Alt Balaji: Ekta Kapoor casts Rajkummar Rao in Bose biopic

    Alt Balaji: Ekta Kapoor casts Rajkummar Rao in Bose biopic

    MUMBAI: After bringing to life the story of Silk Smitha in The Dirty Picture on the big screen, Ekta Kapoor is now bringing Subhash Chandra Bose’s life to the digital world, with an all new dimension to the storytelling. The subscription based video-on-demand platform Alt Balaji has announced the launch of a new digital series which essays the life of Netaji Subhash Chandra Bose. Rajkummar Rao will be seen enacting the role of Bose. The digital show promises to showcase the untold story of his life, – a biopic like never seen before.

    “The unknown side of events, happenings and personalities has always intrigued me, I am drawn to these mysteries! Bose is such a strong character from our history and yet there is so much about him that we don’t know, and that hasn’t been told on any medium before. The unbounded mystery around him is so fascinating and that was my trigger to tell this side of his story on the digital platform. It is edgy, fast paced and it’s everything that you don’t expect it to be!” said Kapoor.

    Rao is spending a majority of his time researching/prepping for the once in a lifetime kind of role.

    Rao added, “I’m extremely excited to explore the unheard journey of Netaji on screen. It’s a great opportunity for me as an actor. I was totally blown away hearing his life story. He is one of the most mysterious and fascinating persons of our history and of course, we all know about his true love for the country and with Ekta and Synergy backing it I don’t have any doubts that our audience will get to witness something never seen before on Indian screen.”

    Kapoor is all set to step into the web world with her new digital foray set to launch in early 2017. The app showcases exclusive, original, and never-seen before digital shows.

  • Balaji to invest Rs 200 cr in ALT, launch in Jan ’17

    Balaji to invest Rs 200 cr in ALT, launch in Jan ’17

    MUMBAI: Balaji Telfilms’ new venture, ALT Digital, which was earlier planned to be launched in October, has been pushed to January 2017. At present, Balaji is not actively involved with programme production. In future, it plans to launch eight shows. January–March cycle is a good time for ALT launch, the management of Ekta Kapoor’s company feels.

    Balaji Telefilms raised Rs 150 crore through preferential allotment of equity shares at Rs 140 each to select global investors such as Atyant Capital India Fund – I, Vanderbilt University, GHI LTP Ltd, GHI HSP Ltd and GHI ERP Ltd. The amount has already been capitalised. So far, Balaji spent Rs 10 crore, but the real expense would start from January when it would deliver content, Balaji Telefilms group CEO Sameer Nair said while speaking to CNBC-TV18.

    The total outlay for ALT would be about Rs 200 crore in which Balaji would invest Rs 65 crore, Nair said.

    Nair said it was looking to expanding in various regions in India. Balaji Telefilms will look to air new shows on Sony, Sun TV and Doordarshan. It had been doing shows across the channels, and it was the absolute leader in the TV business. It does not have a show on Sony, and that was an opportunity, Nair said. They were also producing shows for Colors. Balaji was also looking at the DD slot policy, he said, adding that they would be bidding for a few slots there. In main GEC business, Balaji was doing good, he said.

    After reporting a loss of Rs 28 crore as compared to profit after tax (PAT) of Rs 3.92 crore for the corresponding year-ago quarter, Balaji is planning to launch 8-10 shows by FY17-end. Both, television and film segment released a weak set of numbers at Balaji this financial year. Nair said that the new shows have a much lower margin.

    Nair said that they look at TV and films numbers separately, and if one sees the TV business year on year, it actually grew on a half-yearly basis. There were new shows that would come on board, so as one could compare it with last year when they had six shows, and they were going to do 10 shows.

    Balaji released Great Grand Masti and collections were significantly affected due to piracy of the movie ahead of its theatrical release. When it came to film business, of course there had been a disappointment and, the current quarter saw the full impact of unfortunate incidents that happened with Balaji; Grand Masti ‘leaked’ 21 days before the theatrical release. Therefore, Grand Mastii and Flying Jat didn’t do well which reflected in the current quarter, Nair said.

    About the TV business, Nair said that television business worked on a revolving quarter. There was a reduced margin in the quarter when a show was launched. So, it was ideal to analysed the TV business on annual basis.

    Balaji’s plan was to get next releases of movies in the next fiscal year, he said, adding that its film business would likely book profit in FY18. On an annual basis, because Balaji was opening at 20-25 per cent, the gross margin would go up by 35 per cent, Nair said. On an annual basis, he said, Balaji could grow by about 20 per cent year on year. From the revenue point of view, that might be little lower because of other income which would be lower this year, he added.

  • Balaji to invest Rs 200 cr in ALT, launch in Jan ’17

    Balaji to invest Rs 200 cr in ALT, launch in Jan ’17

    MUMBAI: Balaji Telfilms’ new venture, ALT Digital, which was earlier planned to be launched in October, has been pushed to January 2017. At present, Balaji is not actively involved with programme production. In future, it plans to launch eight shows. January–March cycle is a good time for ALT launch, the management of Ekta Kapoor’s company feels.

    Balaji Telefilms raised Rs 150 crore through preferential allotment of equity shares at Rs 140 each to select global investors such as Atyant Capital India Fund – I, Vanderbilt University, GHI LTP Ltd, GHI HSP Ltd and GHI ERP Ltd. The amount has already been capitalised. So far, Balaji spent Rs 10 crore, but the real expense would start from January when it would deliver content, Balaji Telefilms group CEO Sameer Nair said while speaking to CNBC-TV18.

    The total outlay for ALT would be about Rs 200 crore in which Balaji would invest Rs 65 crore, Nair said.

    Nair said it was looking to expanding in various regions in India. Balaji Telefilms will look to air new shows on Sony, Sun TV and Doordarshan. It had been doing shows across the channels, and it was the absolute leader in the TV business. It does not have a show on Sony, and that was an opportunity, Nair said. They were also producing shows for Colors. Balaji was also looking at the DD slot policy, he said, adding that they would be bidding for a few slots there. In main GEC business, Balaji was doing good, he said.

    After reporting a loss of Rs 28 crore as compared to profit after tax (PAT) of Rs 3.92 crore for the corresponding year-ago quarter, Balaji is planning to launch 8-10 shows by FY17-end. Both, television and film segment released a weak set of numbers at Balaji this financial year. Nair said that the new shows have a much lower margin.

    Nair said that they look at TV and films numbers separately, and if one sees the TV business year on year, it actually grew on a half-yearly basis. There were new shows that would come on board, so as one could compare it with last year when they had six shows, and they were going to do 10 shows.

    Balaji released Great Grand Masti and collections were significantly affected due to piracy of the movie ahead of its theatrical release. When it came to film business, of course there had been a disappointment and, the current quarter saw the full impact of unfortunate incidents that happened with Balaji; Grand Masti ‘leaked’ 21 days before the theatrical release. Therefore, Grand Mastii and Flying Jat didn’t do well which reflected in the current quarter, Nair said.

    About the TV business, Nair said that television business worked on a revolving quarter. There was a reduced margin in the quarter when a show was launched. So, it was ideal to analysed the TV business on annual basis.

    Balaji’s plan was to get next releases of movies in the next fiscal year, he said, adding that its film business would likely book profit in FY18. On an annual basis, because Balaji was opening at 20-25 per cent, the gross margin would go up by 35 per cent, Nair said. On an annual basis, he said, Balaji could grow by about 20 per cent year on year. From the revenue point of view, that might be little lower because of other income which would be lower this year, he added.

  • Piracy severely dents Balaji consolidated numbers in Q2-17

    Piracy severely dents Balaji consolidated numbers in Q2-17

    BENGALURU: Despite almost doubling of year-over-year consolidated revenue for the quarter ended 30 September 2016 (Q2-17, current quarter), Ekta Kapoor’s Balaji Telefilms Limited (Balaji) reported a consolidated loss of Rs 28 crore, as compared to Profit after tax (PAT) of Rs 3.92 crore for the corresponding year ago quarter. The company attributes higher revenue to four films it released in the half year ended 30 September 2016 (H!-17, current half-year) as compared to no releases in H1-16. Balaji says in its investor presentation that piracy of its movies Great Grand Masti and Udta Punjab led to an approximate loss of Rs 36 crore in revenues, severely impacting its profitability in the period.

    The company reported 1.92 times higher revenue (TIO) in the current quarter at Rs 105.91 crore as compared to Rs 55.08 crore in Q2-16, and comparatively, just a little lower than the Rs 117.38 crore in the immediate trailing quarter Q1-17.

    Consolidated operating loss (negative EBIDTA) in Q2-17 was Rs 26.18 crore as compared to an operating profit (positive EBIDTA) in Q2-16 of Rs 6.33 crore.

    On a standalone basis, Balaji Telefilms Limited (BTL) – the television arm reported lower a net profit of Rs 4.4 crore in the current quarter versus Rs 6.6 crore in the corresponding year ago quarter. Standalone revenues for Q2-17 and Q2-16 were Rs 61.2 crore and Rs 53.2 crore respectively.

    Revenue from BTL’s Commissioned Programs segment in Q2-17 was Rs 60.9 crore, while for Q2-16 it was Rs 48.3 crore. Programming hours for Q2-17 were 231 hours, significantly higher than the 199 hours reported for the corresponding year ago quarter. Net realisation per hour in Q2-17 was higher at Rs 26.3 lakh as compared to Rs 24.2 lakh in Q2-16. Gross margin and gross margin per hour were lower at Rs 14.7 crore and Rs 6.4 lakh in Q2-17 as compared to Rs 16.9 crore and Rs 8.5 lakh in Q2-16 respectively.

    Balaji says that increase in programming hours in this quarter was due to certain special episodes being commissioned during the quarter for its daily soaps; realisation per hour has improved due to better episodic fees; Gross margins have improved this quarter and will continue to improve once the newer shows stabilise. Shows launched post Q2-17 were Naagin 2 on Colors, Chandra Nandni and Pardes Mein Hai Meraa Dill on Star Plus.

    Revenue from Balaji’s digital business – ALT- was Nil as the company is getting ready to launch commercial services in early Q4 FY17. Other Income from ALT was Rs 3.3 crore in the current quarter as compared to Nil in Q2-16.

    Revenue from Balaj’s movie business for Q2-17 was Rs 43.2 crore against Rs 1.6 crore in Q2-16. The movie business had an operating loss of Rs 28 crore in the current quarter. Operating loss in the corresponding year ago quarter was Rs 4.2 crore. Total amount invested as of 30 September 2016 in movies that are under production was Rs 44.1 crore says the company.

    Total Expenditure in the current quarter almost tripled (by 2.94 times) y-o-y at Rs 134.96 crore (127.4 percent of TIO) as compared to Rs 45.85 crore (83.2 percent of TIO) in Q2-16. Cost of Production/Acquisition and Telecast Fees in Q2-17 was Rs 78.55 crore (74.2 percent of TIO), 2.1 percent lower than Rs 80.22 crore (145.6 percent of TIO) in the corresponding year ago quarter.

    Marketing and distribution expense in Q2-17 increased to Rs 19.55 crore as compared to Rs 0.16 crore in Q2-16. Employee Benefit Expense in the current quarter increased 36/9 percent y-o-y to Rs 6.81 crore (6/4 percent of TIO) as compared to Rs 4.97 crore (9 percent of TIO) in Q2-16. Other expenditure in Q2-17 increased 33.8 percent y-o-y to Rs 9.42 crore as compared to Rs 7/04 crore.

    Note: The unit of currency in this report is the Indian rupee – Rs (also conventionally represented by INR). The Indian numbering system or the Vedic numbering system has been used to denote money values. The basic conversion to the international norm would be:

    (a) 100,00,000 = 100 lakh = 10,000,000 = 10 million = 1 crore.

    (b) 10,000 lakh = 100 crore = 1 arab = 1 billion.