CNBC India's 'Telecom Turf' focuses on future of industry
MUMBAI:Corporate chieftains and bigwigs from Indian industry attended the interactive session organised on 19 July in
Starts 3rd October
NEW DELHI: The conditional access system issue will be reintroduced in the Rajya Sabha (Upper House of Parliament) on Thursday, the information and broadcasting ministry announced this evening.
There is still no word as yet though whether the government has managed to work out a consensus on the contentious matter. It was because I&B minister Sushma Swaraj was not sure of getting a consensus to ensure passage through the Rajya Sabha the Cable TV Networks (Regulation) Amendment Bill, 2002, that it was not introduced last week.
Swaraj decided to withdraw the bill for wider consultations last week after it became clear that Opposition leaders (with the tacit support of some influential ruling party members) would not allow the bill‘s passage without wider discussions.
According to the information available, the left party CPM‘s Nilotpaul Basu is slated to speak on the amendment being sought by the government in the Cable TV Networks Regulation Act, 1995.
The amendments to the Act were passed in the Lok Sabha (Lower House) on 15 May through a voice vote.
MUMBAI: Zee Telefilms Ltd has posted a net profit of Rs 165.90 million for the quarter ended 30 June 2002 as compared to Rs 298.80 million in the quarter ended 30 June 2001. This marks a drastic drop of 44.47 per cent in net profits. The financials are looking down on the total income side too which has decreased from Rs 1,192.20 million in the June Quarter 2001 (JQ-01) to Rs 1086.30 million in JQ-02, bseindia.com reported today.
The figures posted on the Bombay Stock Exchange website pertain to Zee Telefilms Ltd specifically and have come in two days after Zee Telefilms announced its consolidated financial results for the first quarter (18 July). The way the announcement has been made is a departure from its earlier practice of declaring the results of Zee Telefilms separately but alongside that of the network as a whole.
The consolidated results (as was reported earlier) for the network are as follows:
The company and its subsidiaries‘ net profit for the quarter ended 30 June 2002 is at Rs 476.70 million as compared to Rs 363.80 million in the corresponding period last fiscal. Total sales & services have increased from Rs 2335.10 million in JQ-01 to Rs 2488 million in the quarter ended JQ-02.
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