The National Company Law Tribunal (NCLT) has approved the merger of PVR Ltd and Inox Leisure Ltd. The merged entity -- PVR Inox Ltd -- will be India’s largest film exhibition entity with a network of more than 1,500 screens.
Following a slow down in its India business due to the covid-19 pandemic, IMAX Corp., which develops immersive cinema technologies and manufacturers cameras and projection systems, seeks to touch the 100-screen mark in five years in India.
Officials aware of the details said the DoT will ask if spectrum can be given administratively or through auction. While the Cabinet had approved direct allocation to enterprises in June 2022, it had not spelled out the specifics around the methodology. "We will seek clarity from the law ministry.
Tokyo-based global advertising giant Hakuhodo Inc. has acquired a majority stake in leading Indian brand and entertainment agency group, MA&TH (Marching Ants & Trigger Happy) Entertainment Network Private Limited.
Sony is patenting a technology that can detect and blacklist pirate apps on media players and smart TVs. Through the use of monitoring software, third-party applications sideloaded onto these and other devices can be blocked, effectively protecting rightsholders against online piracy.
Hollywood giants from Steven Spielberg to James Cameron flocked back to the Golden Globes on Tuesday, as the controversial awards show got under way with a star-packed gala despite its scandals.
Data collated by the Telecom Regulatory Authority of India (Trai) show India’s overall internet user base grew 4.3% on-year in CY2021 to 829.3 million after steady double-digit growth during 2015-20 amid the rising prices of entry-level smartphones that slowed down 2G-to-4G conversion.
On February 1, 2023, YouTube will begin sharing ad revenue with Shorts creators. The video streaming platform is introducing new terms for all YouTube Partner Program creators. It will enable creators to earn money from advertisements that appear between videos in the Shorts Feed.
According to a report, data adoption and tariff hike-led revenue growth, as well as 5G rollouts, are key monitorable for 2023, which will also be a pivotal year for Vodafone Idea as a viable third player when adjusted for inflation, the telecom sector’s average revenue per user (ARPU) is still 17 percent lower than before the launch of Reliance Jio. “…we expect Bharti (Airtel) to lead tariff increases to ARPU of Rs 236 by FY25, while Bharti targets Rs 300 ARPU,” said leading brokerage CLSA in its telecom sector report.
The ministry of corporate affairs will consult other ministries on the stringency of emerging regulations on digital economy before it gives a final shape to a proposed Digital Competition Bill so that over-regulation does not stall a fast-growing segment of the economy, a person informed about discussions in the government said.