The 2009 survey, that covers the gadgets that people use on a daily basis, showed that dependence on the Net has grown. Two years ago, only 9 per cent of the respondents said they cannot survive without the internet. In 2009, the figure has jumped five-fold to 44 per cent. Email is the currency of communications and online search is crucial to the internet experience. There's a three-fold increase in people who said they can't do without gaming sites.
The facsimile edition of The Wall Street Journal and the Indian edition of Forbes, the magazine famous for its global billionaires' list, will be launched next week. A look at what to expect.
Channel also acquires rights to Slumdog Millionnaire.
The TDSAT scrapping the Trai's judgement on channel pricing is a major victory for broadcasters, but could also see consumer prices moving up.
The dispute involves a UK-based hedge fund, Altima Partners, and the company's principal promoter Raghav Bahl, founder and largest shareholder of Network18, the broadcasting group which runs TV channels such as CNBC-TV18, Colors and Awaaz.
The move has surprised the print media industry which is reeling under recession with most newspaper publishers having put their expansion plans on hold.
D B Corp, the owner of the Hindi daily Dainik Bhaskar, is in advanced discussions with broadcaster INX Media to acquire a stake in the company that operates the entertainment channels as well as a majority stake in its English language news channel NewsX. Both companies are promoted by Indrani and Peter Mukerjea, the former Star India CEO.
Sakaal Times is in the news for the wrong reasons. The paper has shut down its Delhi office leaving a little over 60 people jobless.
Rupert Murdoch's international financial daily The Wall Street Journal, published by Dow Jones & Company, is all set to launch its facsimile edition in India next month. The newspaper, to be launched in Mumbai, is likely to be priced at Rs 30 a copy.
The business model is going through a reality check; expansion plans on hold and manpower rationalisation is on the cards. Checking expenditure is critical now as advertising is already on a downswing, though CEOs insist that the real impact will be felt in the next quarter. On condition of anonymity, an advertising sales executive admits to a 15 to 20 per cent decline in news channel advertising.
An interview with BMR partners and media specialists Nitin Atroley and Vivek Gupta
The challenge has been thrown by Mahesh Prasad Agarwal, brother of the late Dwarka Prasad Agarwal, who claims he owns 30 per cent in Dwarka Prasad Agarwal & Brothers, the company that holds the Dainik Bhaskar title. His son, Sanjay, says, "If D B Corp does not fully own the Dainik Bhaskar title, how can it use the brand name to raise money?" However, D B Corp executives claimed there was no dispute over the title as it had been settled by the Supreme Court order of July 2003.
With advertising a little less robust than last year and television ad rates not showing any sign of climbing up, thanks to viewership fragmentation and increased competition, the Hindi general entertainment channels are tapping non-advertising revenue streams to shore up incomes. This includes content-repurposing, overseas subscription, and licensing and merchandising.
Germany-based Beiersdorf AG, the maker of Nivea skin creams, is entering the women's fairness cream market in India, almost a year after it began selling fairness cream for men locally in a bid to take on rivals including Hindustan Unilever, L'Oreal and other players.
The proposals to get cable operators to offer digital signals aren't going to work unless the government mandates CAS-systems across the country.
With the objective of increasing its presence in China, Indian software training company NIIT has signed a memorandum of understanding with Chinese real estate developer Shui On to set up training operations in at its upcoming Dalian Tiandi Software Hub. NIIT already has a presence in China with 172 locations in 65 cities with about 50,000 students graduating from NIIT centres in China every year.
Tata Tea, which sold its stake in US-based Glaceau last year, plans to begin selling a low-priced bottled water in the country through its unit Mount Everest Mineral Water, to take on global rivals such as Coca-Cola and PepsiCo in the Rs 1,500-crore packaged drinking water market."We want to do it quickly,'' Pradeep Poddar, managing director and CEO, Mount Everest, said. "The market is still very young and we can evolve it further through marketing new offerings."
The one with the curious name is the runaway leader, setting benchmarks in programming, standardisation and localisation. It doesn't hurt to be part of a formidable family.
Vijay Mallya has ensured that his brands do not fall out of Indian Premier League (IPL) viewership, though his team Royal Challengers Bangalore bowed out of the tournament. After RC's series of defeats, the UB Group chairman decided to cash in on his smaller investments in rival teams such as Rajasthan Royals, Delhi Daredevils, Chennai Superkings and Mumbai Indians.
Clearly, the mobile handset market is buzzing with new branded retail chains such as Reliance and Aditya Birla Group entering the fray and the existing chains expanding their foorprint. Take Pantaloon Retail's JV with Axiom of Dubai, for instance. The company is re-branding its standalone retail chain Mport to Axiom stores, which is among the largest telecom products chain in West Asia.
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