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Tag: FM Phase III

  • FM Phase III auction postponed

    FM Phase III auction postponed

    NEW DELHI: The e-auctions in the second batch of FM Phase III, which completed its 24th day yesterday, will now resume on 9 December 2016.

    The auction was not held on Tuesday, owing to the demise of Tamil Nadu chief minister J Jayalalitha as some bidders rushed back to Tamil Nadu.

    The bidding has so far been somewhat slow, but Muzaffarpur has been the sole silver lining over the past week rising to more than Rs 33.7 million and thus also overtaking Mysuru which is still at Rs 32.1 million.

    Hyderabad and Dehradun are still at top with Rs 23,43,48,266 and Rs 15,61,00,590 respectively, and there are still no bids for 44 cities and movement of just one or two cities in the bottom rung.

    M/s South Asia FM Ltd has been declared as the winning bidder for five Radio FM channels, just a day after the commencement of the auction for the second batch of Phase III. The company will be allotted FM Channels in Surat, Amritsar, Patna, Chandigarh and Jammu.

    The first day of auction on 26 October saw a winning price of Rs 1820 milion against the aggregate price of Rs 1792 million, while the second day onwards the bidding has been low.

    Information and Broadcasting Ministry sources told indiantelevision.com’s sister concern radioandmusic.com that the aim was to continue till all the channels slated in the second batch were auctioned, but breaks will have to be taken for weekends and national holidays.

    This data has been compiled on the basis of system generated “Final Round Result Report” and “Frequency Identification Report” accessible through auction administrator role.

    Also Read

    South Asia FM bags five channels in first round of the second batch of FM Batch III

    FM Phase III: Slump in auction, with sole exception of Muzaffarpur leaping to over Rs 33 million

  • FM Phase III auction postponed

    FM Phase III auction postponed

    NEW DELHI: The e-auctions in the second batch of FM Phase III, which completed its 24th day yesterday, will now resume on 9 December 2016.

    The auction was not held on Tuesday, owing to the demise of Tamil Nadu chief minister J Jayalalitha as some bidders rushed back to Tamil Nadu.

    The bidding has so far been somewhat slow, but Muzaffarpur has been the sole silver lining over the past week rising to more than Rs 33.7 million and thus also overtaking Mysuru which is still at Rs 32.1 million.

    Hyderabad and Dehradun are still at top with Rs 23,43,48,266 and Rs 15,61,00,590 respectively, and there are still no bids for 44 cities and movement of just one or two cities in the bottom rung.

    M/s South Asia FM Ltd has been declared as the winning bidder for five Radio FM channels, just a day after the commencement of the auction for the second batch of Phase III. The company will be allotted FM Channels in Surat, Amritsar, Patna, Chandigarh and Jammu.

    The first day of auction on 26 October saw a winning price of Rs 1820 milion against the aggregate price of Rs 1792 million, while the second day onwards the bidding has been low.

    Information and Broadcasting Ministry sources told indiantelevision.com’s sister concern radioandmusic.com that the aim was to continue till all the channels slated in the second batch were auctioned, but breaks will have to be taken for weekends and national holidays.

    This data has been compiled on the basis of system generated “Final Round Result Report” and “Frequency Identification Report” accessible through auction administrator role.

    Also Read

    South Asia FM bags five channels in first round of the second batch of FM Batch III

    FM Phase III: Slump in auction, with sole exception of Muzaffarpur leaping to over Rs 33 million

  • FM Phase III e-auction tomorrow

    FM Phase III e-auction tomorrow

    NEW DELHI: The e-auctions for the second batch of Radio FM Phase III has been put off by a day to 26 October 2016.

    According to the Information and Broadcasting Ministry, this has been done as “it is informed that some of the prospective bidder(s) are facing technical difficulties for participating in auction”.

    A note on the website put up late in the evening said the auction had therefore been postponed by One day and will now start on 26 October 2016 from 9.30 am onwards. Late last week, the Government had released the earnest money deposit (EMD) by the pre-qualified bidders and the initial eligibility points (IEP) of each of these.

    According to a list put up on the website of the Ministry, Entertainment Network (India) Limited of the Times Group tops the list with an earnest money deposit of over Rs 375 million (Rs 37.5 crore) thus gaining 15,000 eligibility points.

    This is followed by Ushodaya Enterprises Private Limited with around Rs 133.3 million (around Rs 13.33 crore) as EMD,getting 5331 IEP and Kal Radio Limited with EMD of jRs 133 million (Rs 13.3 crore) and 5320 IEP.

    Alll the eleven bidders have put in an EMD of less than Rs 130 million (Rs 13 crore).

    The Ministry said any assistance in this regard is available on contact helpdesk +91-124- 430 2039 or support@c1eauctions.com.

    For the second batch, the Simultaneous Multiple Round Ascending e-auction process will be carried out for allotting the FM channels, conducted over the Internet. Bidders will be able to access the Electronic Auction System to be used for participation in the Auctions using web browsing software: Internet Explorer 11.x, or Mozilla 34.x. The EAS is a designated computer resource for the receiving of electronic records under the provisions of Section 13(2) of the Information Technology Act 2000, as amended from time to time.

    Also read:

    http://www.indiantelevision.com/regulators/ib-ministry/fm-p-iii-auction-emd-bidders-initial-eligibility-declared-161024

    http://www.radioandmusic.com/biz/regulators/ib-ministry/161021-second-batch-auction-fm-phase-iii-starts-25

     

  • FM Phase III e-auction tomorrow

    FM Phase III e-auction tomorrow

    NEW DELHI: The e-auctions for the second batch of Radio FM Phase III has been put off by a day to 26 October 2016.

    According to the Information and Broadcasting Ministry, this has been done as “it is informed that some of the prospective bidder(s) are facing technical difficulties for participating in auction”.

    A note on the website put up late in the evening said the auction had therefore been postponed by One day and will now start on 26 October 2016 from 9.30 am onwards. Late last week, the Government had released the earnest money deposit (EMD) by the pre-qualified bidders and the initial eligibility points (IEP) of each of these.

    According to a list put up on the website of the Ministry, Entertainment Network (India) Limited of the Times Group tops the list with an earnest money deposit of over Rs 375 million (Rs 37.5 crore) thus gaining 15,000 eligibility points.

    This is followed by Ushodaya Enterprises Private Limited with around Rs 133.3 million (around Rs 13.33 crore) as EMD,getting 5331 IEP and Kal Radio Limited with EMD of jRs 133 million (Rs 13.3 crore) and 5320 IEP.

    Alll the eleven bidders have put in an EMD of less than Rs 130 million (Rs 13 crore).

    The Ministry said any assistance in this regard is available on contact helpdesk +91-124- 430 2039 or support@c1eauctions.com.

    For the second batch, the Simultaneous Multiple Round Ascending e-auction process will be carried out for allotting the FM channels, conducted over the Internet. Bidders will be able to access the Electronic Auction System to be used for participation in the Auctions using web browsing software: Internet Explorer 11.x, or Mozilla 34.x. The EAS is a designated computer resource for the receiving of electronic records under the provisions of Section 13(2) of the Information Technology Act 2000, as amended from time to time.

    Also read:

    http://www.indiantelevision.com/regulators/ib-ministry/fm-p-iii-auction-emd-bidders-initial-eligibility-declared-161024

    http://www.radioandmusic.com/biz/regulators/ib-ministry/161021-second-batch-auction-fm-phase-iii-starts-25

     

  • FM P-III second batch auction from 25 Oct; 14 in fray

    FM P-III second batch auction from 25 Oct; 14 in fray

    NEW DELHI: The e-auction of the second batch of FM Phase III will commence on 25 October 2016 from 09.30am.

    The Information and Broadcasting Ministry announced that as stipulated in the Notice Inviting Applications of 20 June 2016, bidders are required to submit their bid for at least one city in the first Clock Round. Any bidder failing to do so in the first Clock Round will forfeit its EMD in its entirety.

    The Ministry said any assistance in this regard is available on contact helpdesk +91-124- 430 2039 or support@c1eauctions.com. The second batch of FM Radio Phase-III channels comprises 266 channels in 92 cities. The channels include 227 channels in 69 fresh cities and 39 channels in 23 existing cities which had remained unsold as there were no bids.

    As in the first stage, the e-auctions will be conducted by C1 India Private Ltd. A Pre Bid conference was held on 11 July 2016, following by training and then a mock auction earlier this month.

    After the pre-qualification of bidders, the shortlist is:

    | 1 | Abhijit Realtors & lnfraventures (P) Ltd. |
    | 2 | Dharmik lnfomedia Private Ltd. |
    | 3 | Entertainment Network (I) Ltd. |
    | 4 | Hotel Polo Towers (P) Ltd. |
    | 5 | JCL Infra Limited |
    | 6 | Kal Radio Limited |
    | 7 | Malar Publication (P) Ltd. |
    | 8 | Purvy Broadcasts (P) Ltd. |
    | 9 | Rockstar El Private Limited |
    | 10 | Sambhaav Media Ltd. |
    | 11 | South Asia FM Limited |
    | 12 | The Malayala Manorama Co. Ltd. |
    | 13 | The Mathrubhumi Printing & Publishing Co. Ltd. |
    | 14 | Ushodaya Enterprises Private Limited |

    The first payment of 25 per cent of the successful bid amount will be made within five calendar days, and the remaining within 15 calendar days of the close of the auction and notification of successful bidders by the Government. The e-auction of the first batch of private FM radio phase-III comprising 135 channels in 69 Phase-II existing cities commenced on 27 July and was completed on 9 September after 125 rounds of bidding. Out of these, no bid was received in 13 cities having 26 channels, and partial bids were received in 9 cities with 12 channels remaining unsold, which Information and Broadcasting Minister Arun Jaitley justified on the ground of “the demand – supply based market economics and bidder’s strategy”. However, he told the Parliament on 4 December 2015 that the Ministry had received the full payment of Rs.1055.9 crore notified on 16 September by 1 October.

    Against the cumulative reserve price of Rs.550.18 crore for 135 channels, the government received aggregate provisional commitment of Rs.1156.9 crore for 97 channels in 56 cities. Out of 97 channels, 53 channels in 35 cities were sold at a premium over reserve price whereas 44 channels in 21 cities were sold at reserve price. The Ministry had decided to conduct e-auction of FM Radio Channels in batches under the extant FM Phase-III Policy.

  • FM P-III second batch auction from 25 Oct; 14 in fray

    FM P-III second batch auction from 25 Oct; 14 in fray

    NEW DELHI: The e-auction of the second batch of FM Phase III will commence on 25 October 2016 from 09.30am.

    The Information and Broadcasting Ministry announced that as stipulated in the Notice Inviting Applications of 20 June 2016, bidders are required to submit their bid for at least one city in the first Clock Round. Any bidder failing to do so in the first Clock Round will forfeit its EMD in its entirety.

    The Ministry said any assistance in this regard is available on contact helpdesk +91-124- 430 2039 or support@c1eauctions.com. The second batch of FM Radio Phase-III channels comprises 266 channels in 92 cities. The channels include 227 channels in 69 fresh cities and 39 channels in 23 existing cities which had remained unsold as there were no bids.

    As in the first stage, the e-auctions will be conducted by C1 India Private Ltd. A Pre Bid conference was held on 11 July 2016, following by training and then a mock auction earlier this month.

    After the pre-qualification of bidders, the shortlist is:

    | 1 | Abhijit Realtors & lnfraventures (P) Ltd. |
    | 2 | Dharmik lnfomedia Private Ltd. |
    | 3 | Entertainment Network (I) Ltd. |
    | 4 | Hotel Polo Towers (P) Ltd. |
    | 5 | JCL Infra Limited |
    | 6 | Kal Radio Limited |
    | 7 | Malar Publication (P) Ltd. |
    | 8 | Purvy Broadcasts (P) Ltd. |
    | 9 | Rockstar El Private Limited |
    | 10 | Sambhaav Media Ltd. |
    | 11 | South Asia FM Limited |
    | 12 | The Malayala Manorama Co. Ltd. |
    | 13 | The Mathrubhumi Printing & Publishing Co. Ltd. |
    | 14 | Ushodaya Enterprises Private Limited |

    The first payment of 25 per cent of the successful bid amount will be made within five calendar days, and the remaining within 15 calendar days of the close of the auction and notification of successful bidders by the Government. The e-auction of the first batch of private FM radio phase-III comprising 135 channels in 69 Phase-II existing cities commenced on 27 July and was completed on 9 September after 125 rounds of bidding. Out of these, no bid was received in 13 cities having 26 channels, and partial bids were received in 9 cities with 12 channels remaining unsold, which Information and Broadcasting Minister Arun Jaitley justified on the ground of “the demand – supply based market economics and bidder’s strategy”. However, he told the Parliament on 4 December 2015 that the Ministry had received the full payment of Rs.1055.9 crore notified on 16 September by 1 October.

    Against the cumulative reserve price of Rs.550.18 crore for 135 channels, the government received aggregate provisional commitment of Rs.1156.9 crore for 97 channels in 56 cities. Out of 97 channels, 53 channels in 35 cities were sold at a premium over reserve price whereas 44 channels in 21 cities were sold at reserve price. The Ministry had decided to conduct e-auction of FM Radio Channels in batches under the extant FM Phase-III Policy.

  • FM Phase III: MIB outs agreement formats to be signed with Prasar Bharati

    FM Phase III: MIB outs agreement formats to be signed with Prasar Bharati

    NEW DELHI: The Information and Broadcasting Ministry has made available the formats of the agreements to be signed with Prasar Bharati by fresh Letters of Intent (LOI) holders in FM Phase III and those who had sought migration from Phase II.

     

    The agreements also contain a list of obligations of the licensor and the licensee of FM Radio Phase III.

     

    There are clear provisions for arbitration, jurisdiction etc. The arbitrator will be nominated by Prasar Bharati CEO.

     

    Fresh applicants have licences for 15 years. Under the agreement, they will be at liberty to ask Prasar Bharati to use its tower and other infrastructure facilities under mutually agreed terms and conditions.

     

    The tower aperture fee will be increased by five per cent of the last licence fee paid. 

  • FM Phase III: Govt gets Rs 263.97 crore as bid deposit post auction

    FM Phase III: Govt gets Rs 263.97 crore as bid deposit post auction

    NEW DELHI: A total amount of Rs 263.97 crore has been received by the Government as bid deposits from successful bidders of e-auction of the first batch of private FM radio Phase III channels.

     

    This is 25 per cent of the successful bid amount for a channel defined as bid deposit in the Notice Inviting Applications (NIA) of 2 March. 

     

    Under the stipulated payment methodology by the Information and Broadcasting Ministry, successful bidders had to pay the bid deposits for winning channels within five calendar days of notification of auction results. 

     

    The Ministry had notified 14 successful bidders for 91 channels in 54 cities of the first batch on 16 September.

     

    Successful bidders will now have to pay the balance amount within 15 calendar days of the notification by 1 October. 

     

    On receipt of full successful bid amount – Non-refundable One Time Entry Fee (NOTEF) – within the prescribed time, the Ministry will issue Letter of Intent to the bidders to enable them to complete further formalities.

     

    The e-auction of the first batch of FM phase III comprising 135 channels in 69 cities had commenced on 27 July and concluded after 33 days of bidding on 9 September.

     

    The Ministry had said while announcing the results of 91 channels in 54 cities that they do not include the results of the bids by Sun TV, South Asia FM and Kal Radio in  compliance with the orders of the Madras High Court.

     

    It also said the Centre had decided to file a special leave to appeal in the Supreme Court against the order of 26 July of the Delhi High Court of Delhi in the petitions by Digital Radio (Mumbai) Broadcasting Ltd. & Digital Radio (Delhi) Broadcasting Ltd. respectively.

  • MIB asks FM Phase III bidders to pay full amount by 1 October

    MIB asks FM Phase III bidders to pay full amount by 1 October

    NEW DELHI: All successful bidders for the 91 FM Radio channels in 54 cities that were announced yesterday in the first stage have been asked to pay the bid deposit – 25 per cent of the bid amount – by 21 September. The balance will have to be paid by 1 October. 

    Both amounts have to be paid by demand draft in the name of the Pay and Accounts Officer, Information and Broadcasting Ministry.

     

    At the same time, the Ministry warned that if the bid deposit is not received by the due date, the earnest money deposit (EMD) will be forfeited, and if the balance is not received by 1 October, the bid deposit and EMD will be forfeited.

     

    The Ministry also made it clear that this was without prejudice to any other action that it may take against defaulters.  

     

    While placing the results of 91 channels in fifty-four cities on the website of the Ministry, the frequency allocated and the successful bid amount was also stated.

     

    The Ministry said the results do not include the results of the bids by Sun TV, South Asia FM and Kal Radio in compliance with the orders of the Madras High Court.

     

    It also said the Centre had decided to file a special leave to appeal in the Supreme Court against the order of 26 July of the Delhi High Court of Delhi in the petitions by Digital Radio (Mumbai) Broadcasting Ltd. & Digital Radio (Delhi) Broadcasting Ltd. respectively.

     

    Even as the government withheld six results because of legal cases, Entertainment Network India Ltd (ENIL) emerged the largest gainer with 17 channels in its kitty. 

     

    Rajasthan Patrika Pvt Ltd, Reliance Broadcast Network and DB Corp Ltd got 14 channels each. Meanwhile, Music Broadcast Pvt Ltd has got 11 channels and HT Media has 10 channels. Digital Radio (Delhi) Broadcasting Ltd and Abhijeet Realtors and Infraventures Pvt Ltd got two channels each.

     

    Others who have successful bid and got one channel each are Digital Radio (Mumbai) Broadcasting Pvt Ltd, Renderlive Films and Entertainment Pvt Ltd, Sarthak Films Pvt Ltd, Abir Buildcon Pvt Ltd, Mathrubhumi Printing and Publishing Co Pvt Ltd and Odisha Television Ltd.

     

    The auction was stopped on the 33rd day after just one round, with 97 channels in 56 cities became provisional winning channels with cumulative provisional winning price of about Rs 1156.9 crore against their aggregate reserve price of about Rs 459.8 crore.

  • JS Mathur promoted as special secretary in I&B Ministry

    JS Mathur promoted as special secretary in I&B Ministry

    NEW DELHI: Senior Indian Administrative Service (IAS) officer Jitendra Shankar Mathur has been promoted as Special Secretary in the Information and Broadcasting Ministry.

     

    Mathur was until now serving as additional secretary in the same Ministry and was also heading the Task Force for the Digital Addressable System (DAS) for the final two phases. He was also overseeing the auction of the first stage of FM Phase III.

     

    An officer from Madhya Pradesh cadre in the 1982 batch, Mathur now joins the Selection Grade.

     

    His tenure on deputation to the Centre ends on 30 October this year.

     

    The post of special secretary is often referred to as officer-in-waiting for appointment as secretary in the Union Government.