Tag: Srinagar

  • A.R. Rahman to serenade the Ganga in Varanasi

    A.R. Rahman to serenade the Ganga in Varanasi

    MUMBAI: The Ganga is set to hum to a new tune this November, one composed by none other than A.R. Rahman. On 29 November, NDTV Good Times will host Harmony by the Ganga at Namo Ghat, Varanasi, where the maestro’s melodies will meet the river’s timeless rhythm.

    Performing in Varanasi for the very first time, Rahman will bring his signature fusion of classical roots and contemporary sound to India’s oldest living city. The evening promises to be a spiritual symphony, where ragas, reverence and Rahman’s genius flow together in perfect harmony.

    Joining him on stage will be Jhalaa, a band handpicked by the composer himself. Their collaboration will create a musical bridge between tradition and modernity, filling the ghats with notes that echo long after the final chord fades.

    Preparations at Namo Ghat are already in full swing, with a grand stage, cutting-edge sound design and lights choreographed to complement the sacred setting. Every detail is being fine-tuned to ensure the night feels as immersive as the music itself.

    The event follows NDTV Good Times’ much-lauded Sonu Nigam by Dal Lake concert in Srinagar, which revived large-scale cultural celebrations in the Valley. With Harmony by the Ganga, the channel continues its journey of crafting landmark musical moments that unite art, heritage and emotion.

    When Rahman’s notes rise over the Ganga’s gentle flow, Varanasi will witness not just a concert, but a confluence of sound, soul and centuries of tradition.

  • Akshay Kumar now owner of Srinagar (Jammu & Kashmir) team of the Indian Street Premier League

    Akshay Kumar now owner of Srinagar (Jammu & Kashmir) team of the Indian Street Premier League

    Mumbai: The Indian Street Premier League (ISPL) is thrilled to announce Bollywood megastar Akshay Kumar as the team owner of Srinagar (Jammu and Kashmir). This collaboration brings excitement and star power to the ISPL, a first-of-its-kind tennis ball T10 cricket tournament set to take place inside a stadium from 2 to 9 March, 2024.

    Akshay Kumar’s entry marks the commencement of an exciting line-up of super star team owners set to be revealed for the remaining five teams. Their involvement promises to infuse unparalleled enthusiasm and passion into this distinctive cricketing spectacle, elevating the league to new heights.

    Expressing his excitement about joining the Indian Street Premier League, Akshay Kumar said, “I am thrilled to be part of the ISPL and the Srinagar team. This tournament promises to be a game-changer in the world of cricket, and I am looking forward to being at the forefront of this unique sporting endeavour.”

    ISPL core committee members Ashish Shelar and Amol Kale, along with league commissioner Suraj Samat also shared their thoughts on this significant partnership:

    ISPL core committee member Ashish Shelar said, “Having Akshay Kumar on board is a testament to the league’s commitment to excellence. His association will undoubtedly bring more glamour and enthusiasm to the Srinagar team.”

    SPL Core Committee Member Amol Kale said, “The ISPL aims to revolutionise tennis ball cricket, and with Akshay Kumar as the team owner of Srinagar (Jammu and Kashmir), we are confident in creating a memorable experience for players and fans alike.”

    ISPL League Commissioner Suraj Samat said, “Akshay Kumar’s involvement is a testament to the league’s vision. We are excited to have him as part of the ISPL family, and I believe this association will help us further fulfil the dreams of millions and get them from street2stadium. This will provide the much needed platform for them to showcase their skills and a chance to enter the mainstream.”

    The ISPL aims to serve as a vital platform for unearthing hidden talents in tennis ball cricket, providing a unique space for emerging cricketers to shine. With the potential to capture the nation’s attention, the league promises to showcase remarkable talent and create a lasting impact on Indian cricket.

    Players are invited to register for the tournament at www.ispl-t10.com

  • Q2-2016: ENIL reports 11.6% YoY revenue & 15.8% PAT growth

    Q2-2016: ENIL reports 11.6% YoY revenue & 15.8% PAT growth

    BENGALURU: Indian private FM player Entertainment Network (India) Limited (ENIL) reported 11.6 per cent increase in Total Income from Operations (TIO) in the quarter ended 30 September, 2015 (Q2-2016, current quarter) at Rs 116.27 crore as compared to the Rs 104.14 crore in Q2-2015. TIO in the current quarter was 14.5 per cent more than the Rs 101.56 crore in immediate trailing quarter.

     

    The company’s profit after tax (PAT) in Q2-2016 increased 15.8 per cent to Rs 26.97 crore (23.2 per cent margin) as compared to the Rs 23.30 crore (22.4 per cent margin) in the corresponding year ago quarter and was 4.2 per cent more than the Rs 25.88 crore (25.5 per cent of TIO) in Q1-2016. The company had entered the Rs 100 crore PAT club in FY-2015 with a PAT of Rs 105.98 crore (24.2 per cent margin) on a TIO of Rs 483.48 crore. 

     

    Notes:  (1) 100,00,000 = 100 Lakhs = 10 million = 1 crore

    (2) The numbers in this report are consolidated unless stated otherwise.

     

     

    Let us look at some of the other numbers reported by ENIL

     

    The company’s EBIDTA in Q2-2016 at Rs 35.71 crore (30.7 per cent margin) was 13.7 per cent more than the Rs 31.40 crore (30.2 per cent margin) in the corresponding year ago quarter and almost flat (up by 90 basis points) as compared to the Rs 35.38 crore (34.8 per cent margin) in the previous quarter.

     

    ENIL total expense (TE) in Q2-2016 at Rs 90.86 crore (78.1 per cent of TIO) was 12.3 per cent more than the Rs 80.89 crore (77.7 per cent of TIO) in Q2-2015 and was 22.2 per cent more QoQ than the Rs 74.38 crore (73.2 per cent of TIO) in Q1-2016.

     

    ENIL paid 48.8 per cent higher license fee in Q2-2016 at Rs 7.83 crore (6.7 per cent of TIO) as compared to the Rs 5.27 crore (5.1 per cent of TIO) in Q2-2015 and 53.3 per cent more than the Rs 5.11 crore (5 per cent of TIO) in Q1-2016.

     

    The company’s marketing expense in Q2-2016 at Rs 15.47 crore was (13.3 per cent of TIO) was seven per cent lower than the Rs 16.63 crore (16 per cent of TIO) in Q2-2015, but 37 per cent more than th Rs 11.29 crore (11.1 per cent of TIO) in Q1-2016.

     

    Employee Benefit Expense (EBE) in Q2-2016 at Rs 21.67 crore (18.6 per cent of TIO) was 7.5 per cent more than the Rs 20.17 crore (19.4 per cent of TIO), but was 1.9 per cent lower than the Rs 22.10 crore (21.8 per cent of TIO) in Q1-2016.

     

    ENIL managing director and CEO Prashant Panday said, “We are extremely happy with our results. Despite a sluggish economy, we have grown our revenues and profits substantially. With Phase-3 auctions over, we are gearing up to launch brand Mirchi into exciting new towns like Kochi and Chandigarh, as well as launch our second brand of radio in most of the major markets of the country. Radio is going to boom in the next five years, and Mirchi will surely be at the forefront.”

     

    ENIL’s participation in the first batch of Phase-3 auctions has resulted in an expansion of its footprint into seven new towns – Chandigarh, Kochi, Kozhikode, Jammu, Srinagar, Guwahati and Shillong.

     

    Further, ENIL recently received the permission from the Ministry of Information & Broadcasting (MIB) to acquire four stations from TV Today Network Limited, viz., Amritsar, Patiala, Shimla and Jodhpur – which the company says will be re-branded and re-launched shortly as Mirchi, adding to its North India network strength. With these 11 stations, the core Mirchi brand will now be available in 43 cities.

  • TRAI gives final deadlines for filling subscriber details in DAS Phase II cities

    TRAI gives final deadlines for filling subscriber details in DAS Phase II cities

    MUMBAI: The Telecom Regulatory Authority of India (TRAI) may have once again extended the rope for stakeholders of digitisation but with a warning that they would get no further extension. In a recently issued notice, fresh and “final” deadlines have been given out for entering the subscriber details in the subscriber management system (SMS) in DAS phase II cities.

     

    The regulator has already given two extensions of the deadlines earlier for collecting customer application forms (CAF) and entry of these details in the SMS. However, this comes as a warning from the regulator. It says that 23 cities (Rajkot, Surat, Vadodara, Faridabad, Mysore, Aurangabad, Nasik, Pimpri-Chinchwad, Pune, Sholapur, Amritsar, Ludhiana, Jaipur, Jodhpur, Agra, Allahabad, Ghaziabad, Kanpur, Lucknow, Meerut, Varanasi, Chandigarh and Howrah) have completed 90 per cent of the task and the MSOs in these cities have been ordered to cut off signals from 27 January to subscribers who haven’t given their CAFs.

     

    7 February is the last date for Bhopal, Indore and Jabalpur in Madhya Pradesh; while Vishakhapatnam and Srinagar have time till 28 February. However, state of Tamil Nadu and Hyderabad city have not been given any date due to litigation processes that are pending regarding DAS.

     

    Eight other cities (Patna, Ahmedabad, Ranchi, Bengaluru, Kalyan-Dombivali, Nagpur, Navi Mumbai and Thane) have been given 31 January as the last date. Subscribers have been requested to cooperate with the process and submit their CAFs, failing which MSOs will have to cut off signals to their TVs or will be in breach of law.

     

    MSOs will have to provide bills with exact breakup of charges and subscribers will have to insist for a bill and receipt or see blackout on their screens.

     

    Click here to read the full notice