The Bombay Stock Exchange (BSE) has informed members of the exchange that 65 scrips, of which five are media companies, will attract special margins effective today (10 June 10).

The rates of special margins have been revised keeping in view the closing price of the scrip on the last day of the settlement, the BSE declared.

The media scrips on which special margins of 25 cer cent have been imposed are ETC Networks, cable MSO Hathway Bhawani, Orbit Multimedia, Padmalaya Telefilms and Top Telemedia.

After making a name for himself directing serials like Hasratein and Justujoo, Ajai Sinha is now ready to go 70 mm.
His first Bollywood directorial venture is titled The Bachelor. Produced by Mahendra Dhariwal (of Maa Tujhe Salaam fame) and written by Raghuveer Shekhawat and Sinha himself , the film is a romantic comedy, he says. As the name suggests, it‘s the story of three bachelors- two collegians and one professor.

"It‘s a story of youthful notoriety, fun, mischief and disguise," says Ajai. Is the movie inspired by the success of Style? "No, not really. None of my projects even on TV have been inspired by other people‘s work. Like my serials, this movie will be unique in its content and treatment."

Has his decision to enter the movie arena got to do with his disillusionment with the TV scenario? "Yes and no. It is true that producers today have very little say as far as pushing their own stories/concepts are concerned and have no option but to do what the channels want them to. But none of my decisions in life have been taken out of compulsion. I had this story with me for the last five years. It‘s just that with the small- budget movie scene looking up now, it was relatively easier for me to get a producer.

"But does that mean quits as far as his TV projects go?
"No way. Justujoo will go on for some time. So, TV will continue to be my bread and butter."

Continuing a programme push that began in April, AXN TV, the action channel from Sony Entertainment Television, is launching seven action series over the next two months, "Crime Scene Investigation", "Sheena" and the third series of VIP among them. And in an initiative aimed at promoting the brand in Indian homes, AXN is talking to Indian production companies to evolve a programme series with purely indigenous action content.

"We‘re talking with leading local production companies and it is taking time. But we are optimistic that we will work something out. Especially in the area of adventure/lifestyle/sports. The interaction between SET and AXN in India has been mutually beneficial to both," says Shantonu Aditya, senior VP, (franchise channels and distribution) SET.

AXN Asia is available to more than 22 million households 24-hours daily throughout Asia in Taiwan, India, Hong Kong, Singapore, Thailand, Philippines, Sri Lanka, Pakistan, Nepal, Bangladesh, Malaysia, Indonesia, Brunei, South Korea, Macau, Papua New Guinea, and in hotels and VIP compounds in China. AXN channels operate in Japan, Israel and Latin America, and will continue to launch more channels worldwide, according to a company release.

Kids channel Nickelodeon held auditions for kids who want to be a VJ on the channel on Saturday and Sunday at Worli Naka in South Mumbai. And did the children stroll in! Over 275 kids filled in application forms and auditioned to become the junior Cyrus‘, Nikhils and Nafisas.

The auditions took place in a studio in front of a camera with the production team guiding the children through the proceedings. Kids aged 14 and below identified themselves and spoke about their interests. They also explained the reasons for wanting to appear on the channel. Then they performed. Performances varied from a rap song to a mock interview.

MTV India director marketing Vikram Raizada says that the earlier auditions held in Bangalore and Chennai garnered 150 and 100 responses respectively. The response in Mumbai with over 275 wannabe VJs was higher due to the population size and increased awareness. Two spots have been airing on Nick, MTV and Zee English and MGM.One aims at stirring interest in the hunt while the other is in the form of a livewire. This gives information of audition dates and how kids can post their entries or send them online.

In terms of other promotional activities the Chota VJ Hunt effort is getting radio support in the form of spots on the Midday run radio station Go. Print ads have also featured in major publications with ground support in the form of road shows with flyers being distributed where kids hang out.

Raizada said that the objective of the hunt is not just to increase brand awareness but also to tell kids that the exclusive space where they can have fun and enjoy themselves has just expanded.

Through feedback and market research the channel found that kids wanted to be on the tube and see themselves on it.

The final stage of live auditions will take place in Delhi on 15 June. As mentioned earlier the Chhota VJ hunt, which gives a kid the chance to host Nick Masala on the channel and on the Nickelodeon block on Zee TV, closes on 30 June.