Here are the top news stories that made headlines today
Subscription revenue up 17% at Rs 397 cr, EBITDA for quarter at Rs 469 crore as against Rs 554 crore a year ago
The company also said that it used to have Rs 400-500 crore for purchase of movies for its television channels but now it is reallocating some of the budget to movie production
Expects market slowdown to impact advertisement revenue
The launch is expected to help Sun TV Network Ltd ring-fence itself from recent forays by rivals such as Zee, Star and Colors
Gains from IPL and digitisation in tier-III, -IV cities to be much higher
To offer 4,000 movies, live streaming of over 40 channels, and catch-up TV in 4 Indian languages
Revenue rose to Rs 582 cr from Rs 564 cr a year ago
This was Sun TV's highest intra-day level since April 2006
Total Income rises 4% to Rs 628 cr
This is the biggest single-day gain ever by Sun TV
Revenue grew 10 per cent to Rs 625 crore during the quarter
The company has invested an aggregate of Rs 620.2 cr in FM radio business
Total income rose by 4%