MUMBAI: Multi system operator (MSO) Kerala Communicators Cable Limited (KCCL) is back in the black with a net profit of Rs 7.7 crore in FY18 compared to a net loss of Rs 31.33 crore in FY17.
Profit before interest, lease, depreciation, and tax (PBILDT) more than halved to Rs 32.77 crore as against Rs 75.09 crore. Total operating income dropped to Rs 104.24 crore compared to Rs 117.6 crore.
Care Ratings has reaffirmed its Care BBB-, Stable ratings for KCCL’s long-term bank facilities worth Rs 7.5 crore.
MUMBAI: The Telecom Regulatory Authority of India (TRAI) has issued the draft Telecommunication (Broadcasting and Cable) Services Register of Interconnection Agreements Regulations, 2019.
The objective of this draft regulation is to ensure that all the interconnection agreements are filed by every broadcaster and the distributor of television channels (with average active subscriber base of its entire distribution network equal to or more than two lakhs).
In week 13 of the RAM Ratings, Fever FM still continued to rule in the cities of Mumbai and Delhi while Radio City held the top position in Bangalore and Radio Mirchi led in Kolkata.
In Mumbai, Fever FM held the lead with a 17.4 per cent share in a universe of 12.2 million listeners, this was followed by Radio Mirchi and Radio City. Early morning, followed by mid-morning and night time bands observed the highest listenership on total radio.
As the nation heads towards the 2019 General Election, we continue our coverage this week of the mega-event with insightful stories and news.
It was also a week of many interesting people movements with Havas Creative naming Tracey Barber as its Global Chief Marketing Officer. Dentsu Aegis Network appointed Ajay Row as Partner for Customer Relationship Management of DAN Consult, while Timex Group India has named Ajay Dhyani as its Head of Marketing. Supari Studios has also appointed Nisha Vasudevan as Executive Creative Director.