Tag: PTI report

  • Govt warns two news channels on ‘Big Bang’ coverage

    Govt warns two news channels on ‘Big Bang’ coverage

    MUMBAI: The government has issued an advisory to two private TV channels to exercise restraint in their programming. The TV channels, Aaj Tak and India TV, have been going overboard with their coverage of the “Big Bang” experiment and speculating about its “catastrophic effect on the world”.

    Ministry of Information and Broadcasting has issued an advisory “showing content that appears to be spreading panic and fear.”

    A ministry official said that the advisory has been sent quoting Sub Rule 6 1(O) and 6 (5) of Cable Television Network and Regulation Act 1995, related to unrestricted public exhibition, and programme affecting children respectively, according to a PTI report.

    The official added that the ministry has issued the advisory to the said TV channels as an act of first warning to the channels on its own, though normally it acts on complaints received from people regarding objectionable content being shown on TV. “But on certain occasions, when it is felt by the ministry that the content regulation guidelines are being violated, we issue such advisories,” the official said.

    Incidentally the airing of the “Big Bang” experiment on television channels and various interpretations being done on it by television channels allegedly led to the death of a farmer’s daughter in Madhya Pradesh.

    Indian Broadcasting Foundation and News Broadcasters Association have also been intimated by the ministry about the advisory.

  • Adlabs board to meet on FM radio demerger on 22 April

    Adlabs board to meet on FM radio demerger on 22 April

    MUMBAI: Anil Dhirubhai Ambani Enterprises (ADAE) controlled Adlabs Films is holding a board meeting on 22 April to discuss the demerger of its FM radio business.

    As reported last month by Indiantelevision.com, ADAE has sought government clearance for bringing all the radio business under a division — Adlabs Radio Pvt Ltd.

    The company has informed the Bombay Stock Exchange that the board will “consider the proposal for the reorganisation of the Company and demerger of its FM Radio business pro-rata to all the shareholders, pursuant to a scheme of arrangement under sections 391-394 of Companies Act, 1956.”
    According to a recent PTI report, ADAE had further increased its stake in Adlabs Films to 54.91 per cent after the acquisition of an additional 3.8 million shares.

    Reliance Land Private Limited, along with Reliance Capital Limited acquired these shares on 12 April, Adlabs Films has informed the stock exchanges.
    The mode of acquisition has been preferential allotment (conversion of warrants to equity), it said. With this latest acquisition, Reliance Land and Reliance Capital now own 21,855,000 shares aggregating to 54.91 per cent of the total paid up capital of the company.

    Reliance Land, a part of the Reliance Capital Group, last year had acquired 51 per cent controlling stake in Manmohan Shetty’s Adlabs Films, a leading motion picture processing laboratory which also runs a chain of multiplexes.