Tag: Raghav Bhal

  • Bollywood by Gulzar finds special place in Delhi’s literary festival

    Bollywood by Gulzar finds special place in Delhi’s literary festival

    NEW DELHI: Delhi’s own literary festival Spring Fever 2012 this year attracted special participation from Bollywood.

    The third annual literature festival of Penguin Books concluded on a high note in the evening with the legendary veteran poet and lyricist Gulzar reading out his best poems from his recently launched book ‘Neglected Poems‘.

    “Epics may seem distant from our modern-day lives, but that is not right. After Pawan wrote this episode from the Mahabharat in relevance with people`s lives today, I realised it should reach out to more people,” he said.

    “Translations are very important these days, since an average person can only know two to three languages. We have so many languages in India and poems are being written in as many of them. Also, a translator should be well-versed in both languages, the original and the one in which he is translating,” he added.

    Penguin Spring Fever 2012 also saw the participation of authors like Anupam Kher and Raghav Bhal.

    The topics covered during the ten day festival varied from ‘Sex and romance outside the bedroom‘ to the ‘New Indian Consumer‘.

    A unique Bollywood quiz was held with a special round on superstar Rajnikanth, apart from performances by bands like Faridkot, Vedas and Qawwali.

  • TV18’s Sanjay Chaudhuri sells 100,000 shares to Bahl

    TV18’s Sanjay Chaudhuri sells 100,000 shares to Bahl

    MUMBAI: The Raghav Bhal promoted Television Eighteen Ltd has transferred 175,000 shares as a block deal to Network18 Fincap Pvt Ltd (previously known as SGA Finance and Management Services Private Limited) for Rs 120 million.

    This brings to 2,243,225 the total number of shares transferred to Network18 Fincap from Bahl’s personal holding. Recently, Network 18 Fincap had acquired 200,000 equity shares from Bahl for Rs 12.84 million.

    “Pursuant to the sanction to the scheme of arrangement by the Hon’ble High Court of Judicature at Delhi, Network 18 Fincap Pvt Ltd has acquired 175,000 shares from Bahl,” a statement TV18 posted on the BSE declared.

    Further, the company has informed the Bombay Stock Exchange that TV18 co-promoter Sanjay Ray Chaudhuri had sold 100,000 shares to Bahl in a block deal on 21 October.

    Assuming the transaction was done at the price the scrip was trading at on 21 October — Rs 685 — Chaudhuri would have received about Rs 61 million in the share sale.

    The TV18 scrip opened at Rs 700 and touched an intra-day high of Rs 793 before closing at Rs 776.

  • TV18 to pick up 50 per cent stake in JobStreet.com India

    TV18 to pick up 50 per cent stake in JobStreet.com India

    MUMBAI: Raghav Bhal promoted Television Eighteen Group is picking up a 50 per cent stake in JobStreet.com India Pvt Ltd, the Indian arm of the Malaysia based listed online recruitment company JobStreet Corporation Berhad.

    As per the memorandum of understanding between the two companies, TV18 will initially infuse $ 2 million in cash and provide on-going media support to the business of the JobStreet.com.

    With this investment into JobStreet.com India, TV18 is making an aggressive entry into the e-recruiting market. The move is in line with the group’s increasing focus on the growing Internet opportunities in India.

    To JobStreet, this partnership meets its objective of combining its e-recruitment solution with a strategic local leader with media assets, which has proven to be a winning formula.

    TV18 CEO Haresh Chawla said, “We expect to strengthen our presence in the consumer Internet space with this acquisition – this is part of our strategy to expand our offering to Indian consumers by exploiting the growing power and reach of the Internet. Over the last five years, TV18 has consistently invested in and built successful Internet franchises in India.

    The group already owns well established online platforms – moneycontrol.com, commoditiescontrol.com, poweryourtrade.com and ibnlive.com.

    The group has also recently seeded yatra.in with Norwest Venture Partners (NVP) – Promod Haque’s venture capital firm, which aims to revolutionise the travel services space in India. With JobStreet.com India, we will bring value to millions of job seekers in India. We are delighted to partner with JobStreet in this exciting venture.”