Tag: technology

Network18 consolidated revenue up 58% in Q4-22

Network18 consolidated revenue up 58% in Q4-22

Network18 Media & Investments on Tuesday reported 58.1 per cent year-on-year surge in its consolidated net profit to over Rs 61 crore during Q4FY22.

The media company reported a 14.6 per cent year-on-year rise in consolidated revenue from operations to over Rs 1,621 crore.

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India’s Ministry of Information and Broadcasting (MIB) has said it suspended the registration of about 276 MSOs in April, though the reasons were not publicly outlined. However, the MIBs also stated that despite the latest action, the total number of MSOs in the country stood at 1761 at the end of April 2022. The number includes MSOs whose registrations were suspended. From the data put on the website of the Ministry, it is not clear whether the MSOs whose registrations got suspended could get back to delivering normal services as and when the objections raised by the government were addressed and anomalies in the registrations were rectified. A few of the suspended MSOs --- as highlighted by the MIB --- did change the structure of their companies from partnership to proprietorship entities. The list of suspended MSOs could be viewed on the MIB website at https://mib.gov.in/sites/default/files/List%20of%20Registered%20MSOs%20as%20on%2030.04.2022.pdf. There were four MSOs whose registrations were cancelled/surrendered during the month of April. The applications of Shivam Cable & Broadband Private Limited of East Medinipur in West Bengal and Gujrata State's Bhuj-based Rallyon Technology were rejected by the MIB owing to suppression of vital information. In March 2022 also MIB had rejected the application of two MSOs as they had withheld relevant information from the government. The registration of Panduranga Cable Network of Telengana was cancelled in April 2022 due to non-operation. Ditto for Karnataka’s RK Digital Cable TV Network. As per a government order of 2017, all registered MSOs, unless indicated in the registration order specifically, can operate anywhere in India.

MIB suspends 276 MSO registrations in April 2022

India’s Ministry of Information and Broadcasting (MIB) has said it suspended the registration of about 276 MSOs in April, though the reasons were not publicly outlined.

However, the MIBs also stated that despite the latest action, the total number of MSOs in the country stood at 1761...

‘Dr. Strange’ star Cumberbatch says would love to revisit India

‘Dr. Strange’ star Cumberbatch says would love to revisit India

Benedict Cumberbatch's connection with India goes back to his teenage years and the ‘Doctor Strange’ star says he hopes to return one day to interact with the country's "first superhero". The British actor, who took a gap-year after his school to travel to Darjeeling to teach English at a Tibetan monastery, fondly remembers his six mon...

Google Chrome rolls out customisable toolbar

Google Chrome rolls out customisable toolbar

American tech giant, Google Chrome web browser rolled a new addition of a customizable toolbar shortcut. Google on Android has been following a traditional approach with the toolbar with the home button, address bar, tab switcher, and overflow menu, housing many such actions. According to ANI, Google now appears to be more widely

Coinbase appoints Durgesh Kaushik

Coinbase appoints Durgesh Kaushik

Nasdaq-listed cryptocurrency exchange Coinbase Inc. has appointed the former head of Snap India, Durgesh Kaushik, to lead the company’s growth in emerging markets. According to Economic Times, Kaushik, who joined Snap Inc. in 2019 had quit Snap, whereas Coinbase confirmed Kaushik’s appointment. Durgesh is joining Coinbase to scale its oper...