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Zee News lists at Rs 50, WWIL at Rs 80 on BSE

Media conglomerate Zee Group's demerged group firms Zee News and Wire and Wireless (India) Limited on Wednesday got listed at Rs 50 and Rs 80 respectively after chairman Subhash Chandra rang the......

RCom-Digicable deal under govt lens

The Reliance Communications' deal to buy cable operator Digicable has come under the scanner of the information & broadcasting ministry over the issue of cross-holding rules.Cable and DTH companies......

Duty on STBs to hit India's cable operators

Budget provisions The budget proposes to levy basic customs duty of 5% on Set Top Boxes. The budget proposes to abolish FBT. The budget proposes to increase the MAT limit from 10% to 15% and......

Entertainment sector to benefit

With service tax rates retained and project import status bestowed for setting up digital head-ends at a concessional customs duty of 5%, full exemption of special additional duty. Budget......

Chandra-promoted firm's fund-raising plan rejected

The Foreign Investment Promotion Board has decided to reject proposals from companies seeking to issue partly paid-up equity shares to foreign investors. It has rejected a proposal by Subash......

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