Tag: Dainik Jagran group

  • Dainik Jagran aims to push research initiative in Hindi

    By A Correspondent

     

    The Dainik Jagran group has rolled out ‘Gyanvritti’to promote research in Hindi which will offer an opportunity to scholars to conduct research in subjects like History, Political Science, Social Science, and Economics etc. Scholars can apply online for this fellowship programme.

     

    The Gyanvritti jury will take a final decision to select a scholar based on his/her synopsis. The selected scholar will get scholarship minimum for six months and maximum for nine months. Gyanvritti will follow international standard to give Rs 75,000 per month. The selected scholar will have to present the progress report of research on every three months before expert panel of Dainik Jagran. They will also have to write book in two hundred pages on the research topic at the culmination of research. Dainik Jagran will help in publishing that book, the copyright of which will be with the scholar.

     

     

  • Music Broadcast Limited announces launch of Public Offer

    By A Correspondent

     

    Music Broadcast Limited, the company that runs the Radio City FM station network, is coming up with an initial public offer of equity shares of face value of Rs 10 each for cash at a premium. It is scheduled to open on Monday, March 6 and will close on Wednesday, March 8, 2017. The price band for the offer is fixed from Rs 324 to Rs 333 per equity share.

     

    Music Broadcast Limited is promoted by Jagran Prakashan Limited (better know as the Dainik Jagran group). Radio City is the first private FM radio broadcaster in India having grown presence from four cities in 2001 to 37 cities today. These radio stations include Bengaluru, Mumbai, Delhi, Chennai, Pune, Hyderabad, Ahmedabad etc. which were existing stations. The company has acquired 11 additional radio stations under the Phase III policy.In addition to presence in 37 cities, the company has a sales alliance with ITM Software & Entertainment Private Limited which operates Suno Lemon 91.9 FM in Gwalior and Ananda Offset Private Limited which operates Friends 91.9 FMin Kolkata. It also operates 40 online web radio stations in eight languages on its web portal www.planetradiocity.com.

     

    For the six-month period ended on September 30, 2016, Music Broadcast Limited generated a total revenue of Rs 1,382.13 million, EBITDA of Rs 455.09 million and net profit/ after tax as restated for the period of Rs 297.56 million. For the fiscal year ended March 31, 2016, it generated a total revenue of Rs 2,455.06 million, EBITDA of Rs 785.87 million and net profit/ (loss) after tax as restated for the year of Rs 425.07 million. Company’s total revenue, EBITDA, net profit/(loss) after tax, grew at a CAGR of 20.45%, 32.40% and 54.09%, respectively between Fiscal 2013 and Fiscal 2016.

     

  • BCCL scores maximum metals at Publisher Abby

    By A Correspondent

     

    The Publishers Abby category of the Creative Awards at Goafest 2015 may have got a lukewarm response from the print players  – some of who have in fact partnered Goafest in the form of sponsorship, but it’s a sound beginning nevertheless and in an industry where there aren’t too many awards for print publishers, this could well see growth in forthcoming years.

     

    There were 62 entries in all from across 10 publishers and 17 metals were awarded. There were four Golds, six Silvers and seven Bronze metals.

     

    Bennett, Coleman and Company Ltd (The Times of India group) bagged three Golds, three Silvers and one Bronze. The Dainik Jagran group followed by one Gold, two Silvers and one Bronze. Lokmat bagged one Silver while HT Media and Chitralekha bagged two Bronze metals each. The Dainik Bhaskar group bagged one Bronze. Among the publisher brands, The Times of India scored the maximum.