ITV

Tag: holds

  • Fidelity holds 4.61 per cent in Zee Telefilms

    MUMBAI: Zee Telefilms Ltd has informed the NSE that the shareholding of Fidelity Investments and its associates has reduced from 5.01 per cent (20,694,046 shares) to 4.61 per cent (19,041,825 shares), after it received revised regulatory filings.
     
     
    This is only due to exclusion of shareholdings of domestic mutual funds within the group, Zee said.

    On 11 May, FMR Corp and its direct and indirect subsidiaries and Fidelity International Ltd and its direct and indirect subsidiaries had acquired 0.06 per cent (260,496 shares) stake in Zee Telefilms.

    With this acquisition, their total shareholding in Zee had gone up to 5.01 per cent (20,694,046 shares).
     
     

    This is only due to exclusion of shareholdings of domestic mutual funds within the group, Zee said.

    On 11 May, FMR Corp and its direct and indirect subsidiaries and Fidelity International Ltd and its direct and indirect subsidiaries had acquired 0.06 per cent (260,496 shares) stake in Zee Telefilms.

    With this acquisition, their total shareholding in Zee had gone up to 5.01 per cent (20,694,046 shares).

  • Trai holds Open House in Bangalore

    BANGALORE: The Telecom Regulatory Authority of India (Trai) conducted an open house on 24 May in Bangalore to discuss its consultation paper on interconnection usage charge review.
     

    Various issues such as whether ADC charges would be provided only to BSNL or also to other fixed service providers, the weightage for wired/wireless access in urban and rural areas and whether weightage should be given for WLL(F) lines were discussed in the open house. Topics including various mechanisms, pros and cons for switching over to ADC and the time frames were spoken at length.

    Service providers and Trai mulled over the various ceilings, floor carriage charges, termination charges for Domestic and International charges, revenue sharing for National and International calls and the possibility of differential charges for mobile and fixed telephony in urban and rural areas.
     
     
     

    Trai advisors M Kannan, A Sinha, Rajendra Singh, Pradeep Balal, D K Bhatnagar and Indu Liberhan conducted the Open House. Major telecom operators including Airtel, Hutch, Reliance and Tata participated in the forum.

    Trai will be holding similar discussions in Delhi as well. While issues relating to private terrestrial TV broadcast service will be discussed in the forum scheduled for 26 May (11 am – 1 pm), a discussion on interconnection usage charge review will be held on 30 May (10:30 am – 2:30 pm).