MUMBAI: India's FM radio will get a new push as companies seek to conquer parts of the country they were denied to operate from, expand footprint, build scale, lure investors and broadcast news from All India Radio (AIR).
Though the fund requirement to obtain the licences will be huge, many private FM radio broadcasters are part of a major group and will be able to raise capital even in a tough economic environment.
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MUMBAI: With FM radio Phase-III getting the government nod, the listed radio companies have gained at the bourses.
Shares of Entertainment Networks (India) Ltd (ENIL), which operates its radio stations under the Radio Mirchi brand, closed Thursday at Rs 278.75, up 5.75 per cent on the BSE. The company touched an intraday high of Rs 286 (8.5 per cent) during the day.
Reliance Broadcast Network (RBNL), which operates the Big FM brand, also gained 7.09 per cent to close at Rs 86.10. The intraday high was Rs 91.40.
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MUMBAI: Music maestro Shankar Mahadevan released his debut ghazal album �Teri Hee Parachhayian' on Times Music label in Mumbai.
The event was graced by Ghazal King Jagjit Singh, Times Music founder Arun Arora, Shankar Mahadevan, Ashish Majumdar and Dr Inderjit Nirdoshi.
The album consists of eight tracks and is composed by Ashish Majumdar and penned by Canadian shayar Dr Inderjit Nirdoshi. The album is a blend of traditional ghazals and modern instruments in order to appe...
MUMBAI: US music sales grew in the first half of the year to 8.5 percent over the same period last year, according to Nielsen Soundscan report. It's also the first time in seven years a positive benchmark for album sales has been reached.
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MUMBAI: Amazon has announced free unlimited storage of music in its Cloud Drive and Cloud Player app for iPad.
Amazon customers who purchase a Cloud Drive storage plan will receive unlimited space for their MP3 and AAC (.m4a) music files. This offer is available for even the lowest price plan.
Storage of all Amazon MP3 purchases is free in Cloud Drive, including future MP3 purchases as well as all purchases made before the launch of Cloud Drive and Cloud Player.
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MUMBAI: LG has launched super sleek Smartphone �Optimus Black' in India.
The glossy black bezel surrounds a 4-inch multi-touch NOVA Display IPS 720p HD screen, with hidden speaker and microphone adding to the sleek and smooth aesthetic.
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MUMBAI: Multifaceted artist Papon is a singer, composer, programmer, producer-born in Assam to two very popular and respected musicians of the region, Archana Mahnata and Khagen Mahanta. Born to two brilliant singers, music has been there in his veins, his pulse as well as his ears since he was born.
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MUMBAI: Max Sound Corporation, the provider of breakthrough high definition audio solutions, announced today a new recurring revenue partnership program with record labels that choose to utilize HD Audio for their album releases.
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MUMBAI: The Union Cabinet has approved auctions for the third phase of FM radio privatisation, setting in process an economy for all the stakeholders to tap.
The government expects to earn Rs 17.33 billion from auctioning the radio licences, Information B Broadcasting Minister Ambika Soni said today.
Private FM radio operators will have to be prepared for higher payouts as they have to aggressively bid for licences through e-auctions.
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MUMBAI: MUMBAI: Eros International Media, the integrated film studio, has elevated Rajesh Bahl to COO of Eros Digital, a newly formed division of Eros, with effect from 1 June.
In his new role, Bahl will oversee the development plans of the digital and new media arm of Eros International plc. Bahl previously led the digital efforts as chief digital officer of Eros India since his appointment in March 2010.
As COO, Bahl will report into Eros Digital CEO Ricky Ghai.
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