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Twitter-Musk saga set for another twist; original $43 bn offer back on table

The Twitter-Elon Musk saga is throwing up more twists and turns than the kitchen soap operas that dotted the Indian television in the 2000s. Twitter Inc. is poised to agree to a sale to Elon Musk for around $43 billion in cash, the price the chief executive of Tesla Inc. has called his "best and final" offer for the social media company, peop...

Global ecom vertical Havas Market launched in India

Havas Media Group India has launched Havas Market aiming to empower consumers in their shopping journey, providing meaningful e-retail experiences and generating incremental business for brands. Globally, Havas Market was launched in October 2020. To lead this division, the company has appointed Sharukh Lakhani as lead, Havas Market. He wi...

DD Sports to air Khelo India Univ Games

As India awaits Khelo India University Games 2021, there is good news for sports enthusiasts. Doordarshan Sports will be bringing the event live on TV and mobile handsets. Introduced in 2020, as part of Khelo India Games to revive sports culture in India, the second edition of Khelo India University Games is being held from April 24 to May 3...

SPNI launches content production sustainability guidelines

In what could be a first in the entertainment industry, Sony Pictures Networks India (SPNI) launched sustainability guidelines for content production in an industry-first initiative, with a commitment to lead the way for the industry by adopting green practices. These guidelines aim to have SPNI achieve a zero environmental footprint by 2050....

Havas Media Group launches Havas Content

Havas Media Group India has announced the launch of its specialized content division, Havas Content. The unit aims to focus on leveraging dynamic content to help brands create meaningful media experiences and make a meaningful difference in consumers’ lives. Havas Content seeks to bridge the gap by offering meaningful content solutions tha...

Elon Musk secures $ 46.5 bn in funding to buy Twitter

The Twitter-Musk drama continues to throw up new twists and turns, almost every day. A filing with US regulators showed on Thursday that Elon Musk has secured $ 46.5 billion in funding to buy Twitter Inc. and is considering a tender offer for its shares, Musk himself has committed to put up $33.5 billion, which will include $21billion of ...

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“This initiative will empower subscribers to pay online and subscribe to the channels they want to watch and get it activated on their TV sets in real-time without any delay. Without needing to undertake any software development, LMOs can approach Mobiezy for their pre-built and pre-integrated solution that uses NXTDigital’s news APIs and can be up and running with their own mobile apps within just a few days.”

RU Ediriwira, Group CTO, NXTDigital Limited

“With the launch of Partnership for Growth 3.0 we intend to expand our network with 40 new NXTHUBs, each offering up to 650 live TV channels and broadband. Our efforts are focused on harnessing the convergence of technologies, developing robust apps and creating new business models that will help the overall ecosystem, delivering the best experience to our subscribers. We hope to achieve a stronger foothold in the rural regions of the country and grow our subscriber base.”

N.K. Rouse, COO, NXT Digital Ltd

“One of the key principles of the Hinduja Group is ‘Partnership for Growth’. After 2.0 saw the launch of HITS to connect LMOs in even the most remote locations through the only satellite-based cable TV platform in India; 3.0 focuses not just on strengthening the overall ecosystem we have built, but harnessing the convergence of technologies – to be delivered through a national network of NXTHUBs. Video and broadband are only the beginning of the digital highway of services that we have developed for roll-out backed by a robust suite of innovative apps developed by service providers exclusively for our LMOs and subscribers.”

Vynsley Fernandes, MD & CEO, NXTDigital Limited

“Wireline broadband is becoming ever more important not only in connecting homes across the country but also small to large enterprises-to the digital economy. The NXTHUBs will be the perfect point-of-presence to offer broadband services to cater to these consumer needs.”

Yugal Kishore Sharma CEO, ONEOTT Intertainment Limited

Amazing and grim battle for survival. Guess it will end up in Supreme Court. All that NCLT asked Zee to do was to file a reply to Invesco petition for a EGM. Now this is getting too serious. So far Invesco has been hammered for demanding an EGM. What is Zee upto? Ofcourse my lawyer community knows better!