CHANNEL V UPS BUDGET, TO REWORK IMAGE

Channel V is revamping its programming and operations to get rid of its stale image.
Business Times, The Times of India.

SPAIN'S TELEFONICA GEARS UP FOR MEDIA FLOAT WITH PEARSON

Spanish telecoms group Telefonica which has diversified into television and newspaper publishing (with the British media group, Pearson) in a big way in recent times is to widen its activities in print publishing.
The Economic Times

LISTLESS DALAL STREET

The stock market has been listless yesterday but foreign funds continue to buy and trade in stocks such as Zee Telefilms.
The Economic Times

VIRTUAL BOLLYWOOD STOCK EXCHANGE PLANNED

Rider Software has launched www.bwsx.com a game-based Internet site based revolving around the film industry.
The Economic Times.



BIG B IS THE STAR OF THE MILLENIUM

Indian film star Amitabh Bachchan beat back Laurence Olivier and Alec Guinness to emerge as the world's greatest star of stage and the screen in a BBC Online poll.
The Indian Express.




BEATING THE ENEMY WITH ADVERTISEMENTS

Indian communities abroad have got together and posted ads in leading international newspapers to clarify India's position in its conflict with Kashmir.
The Indian Express.




PTV BAN OFF AFTER TENSIONS EASE

Information & broadcasting minister Pramod Mahajan announced that the ban on Pakistan Television will be lifted once the tension in Kargil eases.
The Indian Express.




US ADS REVEAL HINTS OF AN OUT-AND-OUT APPEAL TO GAYS

US companies are using coded messages in a bid to reach out to the homosexual community in the US.
The Financial Express.



MORE GROUP TO TARGET OUTDOOR ADS IN TOP 10 CITIES

US-based outdoor firm the More Group has set up a new joint venture Ogilvy & Mather and Aaren for outdoor advertising in India.
The Financial Express.



MENON BUYS OUT ASIANET TV

Sashi Menon, the co-promoter of Malayalam television channel Asianet has sold his 50% equity stake in it to his uncle Raji Menon.
The Observer of Business & Politics.



STRACON TO MARKET LIVE TELECAST OF WIMBLEDON '99

Flouting a Prasar Bharati board directive, DD has awarded the marketing of some time slots during the telecast of the Wimbledon tournament to Stracon India.
The Observer of Politics & Business.



AMITABH IS BBC ONLINE STAR OF THE MILLENIUM

The Western World may be surprised by the selection of Amitabh Bachchan as the greatest star of the screen in an international poll on BBC Online.
The Asian Age



DD, AIR TO AIR MORE SPECIAL PROGRAMMES

Both DD and AIR have started to air more programmes on both DD and AIR targeted at the armed forces.
The Asian Age



FOURTH VSNL EARTH STATION IN BANGALORE SOON

Monopoly overseas communications carrier VSNL is setting up an earth station in Bangalore at Videsh Sanchar Bhavan at Sanjaynagar to expand the facilities it offers to its customers in the city.
The Hindu Business Line



IRIDIUM GET THIRD EXTENSION FROM LENDERS

Iridium has managed to get its $800 million loan repayment extended to 11 August. This is the third extension it has got.
The Hindu Business Line

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