CABINET OKAYS LAUNCH CONTRACT FOR INSAT 3A

The Union Cabinet has given the go-ahead to the Indian Space Research Organisation to sign up with satellite launcher Arianespace for its Insat 3A satellite.
The Times of India.

INFO WARFARE WILL BE LANCHED THROUGH DD AND AIR, SAYS MAHAJAN

Information and broadcasting minister Pramod Mahajan says the Indian government has drawn up a strategy to counter Pakistani propaganda through Doordarshan and All Indian Radio.
The Times of India.

DEEPAK SHOURIE MOVES TO ZEE

Zee TV chairman Subhash Chandra has appointed media veteran Deepak Shourie as operating partner and publisher of the new publishing division that he is setting up.
Business Times, The Times of India.

SOFTBANK PLANS NET COMPANIES WITH NEWS CORP, VIVENDI

Japanese software firm Softbank has formed ventures with Rupert Murdoch's high tech investment firm Epartners and French utilities company Vivendi, which will invest in Internet-related ventures.
The Economic Times

MURDOCH RULES OUT BSKYB TIEUP WITH CANAL PLUS

BSkyB chairman Rupert Murdoch has said there is no possibility of the digital direct to home services providers merging with French pay TV firm Canal Plus.
The Economic Times

DEEPAK SHOURIES SET TO 'PARTNER' ZEE'S FORAY INTO PRINT MEDIUM

Zee TV chairman Subhash Chandra has announced that his new operating partner in his publishing ventures Deepak Shourie will also be involved in Zee's strategic affairs committee.
The Economic Times.

ATN PROMOTERS OBTAIN LEGAL REPRIEVE

Siddhartha and Anil Srivastava the two promoters of the now-off-the-air music channel ATN are being hounded by the law on account of bounced cheques but have managed to stave off prison sentences dues to the legal process.
The Economic Times.

LOCKHEED MARTIN WANTS TO MERGE UK UNITS, WANTS MORE JVs

Aerospace and defence company Lockheed Martin is to fuse all its UK units and look around for allies to partner it in some businesses.
The Economic Times.

20 TOP TURNOVER TOPPERS

Zee Telefilms with 184,648 shares valued at Rs 266.7 million yesterday ranked among the top 20 traded stocks on the Mumbai stock exchange.
The Economic Times.



ISRO HITS ESCAPE VELOCITY

The Indian Space Research Organisation wants to get out of the routine of making its launch vehicles and focus on further research and development for satellites and launch vehicles. It wants the Indian private sector to manufacture its launch vehicles instead.
The Indian Express.




ZEE FLOATS PRINT MEDIA FIRM; SHOURIE IS CO-PROMOTER

Zee TV chairman Subhash Chandra says that apart from Deepak Shourie who he has signed on as a co-promoter of his publishing ventures, he is also on the lookout for CEOs for his other ambitious projects.
The Financial Express.




CABLE-BASED INTERNET SERVICES FROM 1 OCTOBER

Zee TV chairman Subhash Chandra has announced that cable TV delivered Internet will become a reality in India in October in Zee TV's seventh year of operations.
The Financial Express.




NEW ZEE DIVISIONS WITH SWEAT EQUITY

Zee TV chairman Subhash Chandra says he will spin off more ventures with senior executives getting sweat equity and stock options.
Business Standard.



GOVERNMENT GETS READY TO WAGE INFORMATION WAR

The information and broadcasting minister Pramod Mahajan says his ministry is drawing up a series of initiatives to wage an information along the border with Pakistan.
Business Standard.



TIME WARNER SELLS STAKE IN TITUS

Time Warner is shuttering its cable TV operations in Japan by selling its equity stake in cable TV and telephony company Titus to US cable TV group, MediaOne.
Business Standard.



BRITISH SKY BROADCASTING-CANAL PLUS LINK RULED OUT

BSkyB chairman Rupert Murdoch said there are many areas in which French utilities firm Vivendi - a major shareholder in French pay TV operator Canal Plus - and his company can work together but a merger between the two was out of the question.
Business Standard.



ASCEL IN TALKS WITH EXIM BANK FOR $100 MILLION LOAN

The Subhash Chandra floated satellite telephony company ASC Enterprises Ltd (Ascel) is in talks with the US Exim Bank for a $100 million loan for the project.
Business Standard.



ZEE, STAR HIT THE REMOTE FOR CHANGE

Once aspiring to be bed mates, Zee Telefilms and Star Television are taking their own routes now and drawing up back-breaking restructuring plans.
Mumbai Weekend, Business Standard.



WHEN NO NEWS IS BAD NEWS

A cash crunch has forced TVi to shut down its news bulletins while it continues airing its library product. Its employee union unpaid for months now is raising a furore.
Mumbai Weekend, Business Standard.



RECKITT & COLMAN, KENSTAR ADS FOUND OFFENSIVE

The Advertising Standards Council of India has rapped Reckitt & Colman and Kenstar, apart from several other advertisers, for making false claims in their ads.
The Observer of Business & Politics.



DEEPAK SHOURIE JOINS ZEE

Deepak Shourie the new entrant in the Zee Network will also steer its foray into new publications.
The Observer of Business & Politics.



DD TO LAUNCH NEWS CHANNEL SOON

DD is to launch a news and current affairs channel by 15 August.
The Observer of Business & Politics.



MORE GROUP ENTERS INDIA

US billboard company, The More group is to hold up to 60% in its joint venture with Ogilvy & Mather and Aaren Advertising for outdoor advertising in India.
The Observer of Business & Politics.



GREED TAKES MURDOCH INTO e Ventures

Greed is what is believed to have driven Rupert Murdoch in his joint venture with Japanese company Softbank to help facilitate the entry of US Internet companies into India.
The Asian Age



ZEE TO ENTER PRINT MEDIUM, ROPES IN DEEPAK SHOURIE

The Zee Network is treading into the print medium and has formed a new company with media executive Deepak Shourie.
The Asian Age

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