Indian M&E industry to grow at 13.9% CAGR to reach Rs 2,419.4 billion by 2021: FICCI-KPMG report

Mumbai: As per the FICCI-KPMG Media and Entertainment (M&E) industry report 2017, the Indian M&E industry is expected to grow at a compound annual growth rate (CAGR) of 13....

Global sports consultancy ITW launches new arm to tap Indian market

Mumbai: ITW Consulting, a global sports consulting and management company, has forayed into the Indian market by launching its entertainment, media and communication arm, ITW Playw...

After Jharkhand, Carnival Cinemas joins hands with Odisha government for expansion

Mumbai: Carnival Cinemas, the third largest cinema multiplex chain in India, has partnered with Odisha government to build 30 entertainment centres or recreation zones which consis...

E-platform Dekkho gets US$ 1.2 million seed funding

New Delhi: Dekkho, an online video streaming platform, has raised US$ 1.2 million in a seed round from seven angel investors, which will be used for scaling its technology infrastr...

Amazon launches Prime Video service in India

Mumbai: Amazon has launched its Prime Video service in India at a competitive subscription price of Rs 499 (US$ 7.4) per year introductory offer with one month free trial, and incl...

Govt launches DigiShala channel to promote digital payments

New Delhi: Mr Ravi Shankar Prasad, Union Minister of Law & Justice and Information Technology, has launched a free Doordarshan DTH channel called DigiShala, which will help peo...

Double-digit ad growth seen for India in 2017

Mumbai: India's ad spend is expected to grow by 11.2 per cent in 2017, based on low interest rates, sustained urban demand, and impact of key reforms such as goods and services...

Zee acquires 2 TV channels of Reliance Group; 49% in FM biz

Mumbai: Reliance Capital, part of Anil Ambani-led Reliance Group, has announced the sale of its radio and television broadcasting businesses under Reliance Broadcast Network to the...