Date-wise News

Tata Teleservices announced the launch of its prepaid service on fixed wireless phones (FWP). The customers will be charged a one-time non-refundable registration fee of Rs 2,000 and a deposit of Rs 2,000 towards the LG 340 handset, says a release. In turn, the customer will get two free recharge cards worth Rs 540 each. Each recharge card will have a validity period of 30 days, with an additional 30-day grace period to recharge.

exchange4media Staff Apr 9, 2004 8:02 AM

Britain's largest advertising company, WPP, bowed to shareholder pressure yesterday and postponed a vote on an executive pay scheme that could hand Sir Martin Sorrell up to £44m. The group's extraordinary meeting will take place on April 16, nine days later than planned. WPP also agreed to change the performance criteria which could trigger the multimillion-pound windfall for its chief executive.

exchange4media Staff Apr 9, 2004 7:58 AM

Nielsen Media Research is delaying the rollout of its "local people meters" in the New York market under pressure from local lawmakers and network executives who fear an undercounting of minority viewership.

exchange4media Staff Apr 9, 2004 7:57 AM

In a bid to woo the younger generation, Amul has launched its brand of flavoured milk, Kool, in trendy tetra-packs. The earlier brand, Amul Shakti, was relaunched about 3-4 months ago in bottles as Amul Kool.

exchange4media Staff Apr 9, 2004 7:56 AM

A thorough review of the Communications Convergence Bill is likely, for which work has already been initiated in communications, IT and information and broadcasting ministries, according to sources in the government. The new government, when it comes to power within two months, will have to take a call on the issue. The Convergence Bill has been on the backburner for several months now.

exchange4media Staff Apr 9, 2004 7:55 AM

Though the ITC brand is almost synonymous with tobacco, it has in no way weighed with the people purchasing products of ITC's Foods division and the company has been able to capture nearly 10 per cent of the market share for biscuits within a year of the launch of `Sunfeast' range of biscuits, according to an ITC executive.

exchange4media Staff Apr 9, 2004 7:54 AM

The `feel good' factor emanating out of the Indo-Pak series does not seem to have rubbed off on the colour television (CTV) industry. Against a target of one million units set for March this year, sales fell short by 18 per cent and stood at 8.2 lakh sets.

exchange4media Staff Apr 9, 2004 7:53 AM

Suggesting “fine tuning” in the guidelines submitted by the Election Commission for monitoring political advertisements in the electronic media, the Supreme Court has sought response of the government on the issue within three days.

exchange4media Staff Apr 9, 2004 7:52 AM

Bennett, Coleman & Company is exploring strategic tie-up opportunities for various businesses in its portfolio including music label, music retail chain, radio, Internet, multimedia, newspapers and its newly proposed television business. The media conglomerate is also not ruling out a public issue, though not in the near future.

exchange4media Staff Apr 9, 2004 7:51 AM

Prasar Bharti floats revised rate card for DD News channel with 20% increase in packages and 66% hike in spot buys. Market, however, responds warmly. New advertisers like SBI and Kodak have already lined up large sum.

exchange4media Staff Apr 9, 2004 7:50 AM

Leaving his current position as AVP, JWT Delhi, Ramesh Srivats is heading for Bangalore to take over as Rediffusion South Head, replacing Mahesh Chauhan, who is joining Everest as President. Srivats will take up official charges around April 20.

exchange4media Staff Apr 9, 2004 7:49 AM

As per a 50:50 joint venture agreement, The Times Group and BBC will produce and market magazines of both the partners in India. The JV plans to take over 29 publications from The Times stable and 50 magazines from BBC.

exchange4media Staff Apr 9, 2004 7:47 AM

“Sony and MAX are different identities and we are all competing for eyeballs. I don’t think most of our viewers even know that the channels are affiliated. In that sense, any channel that is showcasing a movie is competition and, in effect there are almost 14 channels that we are competing with today and these include everything, general entertainment, movie channels, cable channels, MSOs, all.”

exchange4media Staff Apr 9, 2004 12:00 AM