India to increase foreign production incentives to 40%

Minister for Information & Broadcasting Anurag Singh Thakur yesterday said that India will increase the incentive for foreign film production in the country to 40 percent of the expenses incurred with an increased cap of Rs.30 crore (exceeding USD 3.5 million).

TRAI suggestions on satcom spectrum after new chief’s appointment

The Telecom Regulatory Authority of India (TRAI) will issue its recommendation on satellite spectrum allocation methodology and other pending matters after the appointment of a regular chairperson, an official source said.

NXTDIGITAL appoints Viresh Dhaibar as chief general counsel

NXTDIGITAL, the digital media arm of Hinduja Global Solutions Ltd (HGS), has named Viresh Dhaibar as its new Chief General Counsel, entrusting him with legal, regulatory, and governance oversight across its diverse media segments.

Kavita Sagar moves on from IN10 Media Network

Kavita Sagar, the Head of Revenue at IN10 Media Network, bids farewell to her role after years of dedicated service, marking the end of an era characterized by her pivotal role in steering revenue growth and fostering strategic alliances within the company.

Airtel plans $1 bn fundraise to clear spectrum dues, eyes offshore bonds

Bharti Airtel is exploring around a $1-billion (approximately ₹8,330 crore) fundraise, including a potential offshore bonds issue, to prepay a bulk of its remaining dues relating to spectrum bought in the 2015 auction.

US families sue Big Tech over social media’s negative impact

Hundreds of American families are suing social media giants like TikTok, Snapchat, YouTube, and Meta (parent company of Instagram and Facebook) in the US as they feel the tech companies are ‘big, bad monsters’.

News18 Kannada announces ‘Karunada Habba’ S2

News18 Kannada announced the second edition of ‘Karunada Habba,’ a vibrant celebration spotlighting the rich cultural heritage of Karnataka.

Sam Altman, Greg Brockman join Microsoft to lead Advanced AI Research Team

Microsoft has confirmed the recruitment of former OpenAI CEO Sam Altman and former President Greg Brockman, marking a notable addition to its team.

ZEE5 announces ‘Aam Aadmi Family’ S4

Comedy-drama series ‘Aam Aadmi Family’ will return for its fourth season on ZEE5, the streaming platform said yesterday.

‘Leo’ to premiere on Netflix globally

Tamil action thriller ‘Leo’, starring Vijay, will be available to Netflix subscribers abroad from November 28, following its India digital premiere on November 24.