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This had triggered the spat between cable operators and broadcasters, with the former saying that the channel price hike would be exorbitant, while the latter saying it was not more than 5-15%
Domestic cable and wire industry has urged the government to introduce strict laws to discourage the use of counterfeit electrical products by real estate developers. In the last decade, deaths due to electrocution have increased in the country. During a fire outbreak, smoke inhalation kills more people than the fire itself, R R Kabel Managing Director Shreegopal Kabra told reporters here on Wednesday. Counterfeit products are a growing concern in India. There is a need to introduce legislation to take stringent action against the use of counterfeit wires and cables or substandard quality wires by real estate developers, Kabra said. Elmex Group Managing Director Vipul Ray said electrical fire safety plays a critical role in any structure, be it an educational institution, a hospital, or a public space. As per a report, 35 people were killed on average due to fire mishaps in the last five years in India. "This happens when product quality is compromised. It is high time, policymaker
Finolex Cables said that the Union budget 2023 direct benefits to various segment of the company
Margins expected to bottom out; brokerages prefer category leaders
Telecom regulator Trai has initiated a discussion on licensing framework and regulatory mechanism for submarine cable landing in India. Telecom Regulatory Authority of India (Trai) said the department of telecommunications approached it sharing its concern over some Indian International Long Distance Operators (ILDOs) for not having any stake in submarine cable system, yet seeking clearance on behalf of the owners of submarine cable for laying or maintaining such cables in Indian territorial water or exclusive economics zones and also for applying to set up of Cable Landing Station (CLS) for such submarine cables. Submarine cables are "vital communication infrastructure" of the digital age and "critical" to the today's fast-paced data driven economy, Trai said floating the consultation paper titled 'Licensing Framework and Regulatory Mechanism for Submarine Cable Landing in India'. "DoT has sought recommendations of Trai on licensing framework and regulatory mechanism for submarine
World's longest subsea cable system aims to provide faster internet to almost 3 billion people
Government on Tuesday asked multi-system operators (MSO) to get themselves registered with the Ministry of Information and Broadcasting within the next 10 days, failing which its permissions could be revoked. The Ministry of Information and Broadcasting (MIB) had asked MSOs in May to furnish information regarding head-end locations, Conditional Access System, Transport Stream/Frequency detail, RF Feed details, Platform Service details, CTAV Signal distribution areas. STB Seeding details etc. to state-owned Broadcast Engineering Consultants India Ltd (BECIL) officials or teams for monitoring system. The MSOs were asked to furnish the details on the website - digitalindiamib.com -created for this purpose. "It has come to the notice of the Ministry that some of the MSOs are yet to get registered and furnish the information on the portal," the MIB said in the order. Invoking powers under Rule 10A of the Cable Television Network Rules 1994, the ministry asked all MSOs to get themselves
Price band set at Rs 197-207 a share; retail portion sold 8.7x
The Rs 500-crore initial share-sale of DCX Systems, manufacturer of cables and wire harness assemblies, will open for public subscription on October 31. The three-day Initial Public Offering (IPO) would close on November 2, according to the Red Herring Prospectus (RHP). The company has cut the size of its fresh issue of equity shares to Rs 400 crore from Rs 500 crore planned earlier. Apart from fresh issue, the IPO comprises an offer for sale of equity shares to the tune of up to Rs 100 crore by promoters -- NCBG Holdings Inc and VNG Technology. The company proposes to utilise the net proceeds from the fresh issue towards debt payment, funding working capital requirements, investment in its wholly-owned subsidiary Raneal Advanced Systems to fund its capital expenditure expenses and general corporate purposes. The Bengaluru-based company is primarily engaged in system integration and manufacturing a comprehensive array of cables and wire harness assemblies, and are also involved in
"Through SEA-ME-WE-6, Airtel will add a significant amount of 100 TBps capacity to its global network," the statement said
The lure of better quality made people choose DTH and streaming services over wired cables in recent years. What is the status of the cable industry and what is its future outlook? Let's find out
The decline in cable owes as much to a greedy ecosystem where no one invested in the technology as it does to a regulator that believes that price control is the only lever to use
The Centre has amended the Cable Television Network Rules to provide for a three-layer statutory mechanism for the redressal of complaints relating to content broadcast by television channels. The Information and Broadcasting (I&B) Ministry notified the Cable Television Networks (Amendment) Rules, 2021 in an official gazette on Thursday. "The @MIB_India has by amending the Cable Television Network Rules, 1994, developed a statutory mechanism to redress citizens' grievances & complaints against programmes of TV Channels. The @MIB_India has also decided to recognize Statutory Bodies of TV channels under CTN Rules," Information and Broadcasting Minister Prakash Javadekar said in a tweet. In a statement, the ministry said the Cable Television Network Rules have been amended to provide for a transparent statutory mechanism that would benefit the citizens. "At the same time, self-regulating bodies of broadcasters would be registered with the central government," it said. The amended
Healthy demand uptick and pricing power also improve growth prospects, say analysts
Leading direct-to-home operator TataSky has recaptured its pre-COVID-19 levels in terms of installation of new connections, a top company official has said. The company, which operates in both DTH as well as OTT segments through its bundling service Binge, said the TV viewing time has gone up after the lockdown. According to Tata Sky managing director and CEO Harit Nagpal, DTH and OTT are going to co-exist with both of them offering unique content. "Both have their own place as they serve mutually exclusive and unique content and one does not substitute the other," Nagpal told PTI. On being asked as to whether the average revenue per user from the DTH business would be impacted as consumption of OTT on large screen trough smart TV is on the rise, he said: "We have not seen one platform suffering at the cost of the other". "TV is a platform that is consumed by the whole family and there will always be someone in the household who will have something that he likes to watch on live T
Though TV viewership surged during lockdown, subscribers deleted channels from their package to cut costs
Covid-19 offers an opportunity to improve cable subscription collections using digital platforms - a win-win for stakeholders
The regulator capped at Rs 160 the amount consumers will have to pay monthly for all free to air channels
To lure customers, companies in the sector have started focusing on customised services to provide complete electrical solutions
Wires and cables manufacturers are focusing on retail, changing their business strategy due to delay in payments by institutions.