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B.A.G plans to invest Rs 500 million in radio biz

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MUMBAI: B.A.G Infotainment, a wholly owned subsidiary of B.A.G. Films Ltd, plans to invest over Rs 500 million for its FM radio business spread over 10 towns.

The investment includes expenses towards infrastructure, equipments and studio facilities. The company will also have to contribute to the common transmission infrastructure. “We have bid successfully at very low costs. This has given us an edge and our outgo towards license fee is just 10 per cent of our project cost,” says B.A.G Intotainment CEO Rajiv Mishra.

B.A.G is also trying to work out an equity arrangement among a consortium of small and regional radio operators who are in the process of being formed for collectively tapping advertising. “Our feeling is that there should be a common bonding for the consortium that will make it last. This will be best served by an equity arrangement among the partners. We are in talks towards this,” says Mishra.

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The consortium of radio operators for ad sales is in the process of being finalised. B.A.G will lead this combination which will have a national footprint to present before advertisers. Besides pressuring on higher ad rates, the partnership arrangement can help drive down operating costs for these FM broadcasting companies.
B.A.G expects to rope in 40 radio companies as members of this consortium. The idea is to counter the bigger players like Radio Mirchi, Radio City, Sun TV group and Anil Ambani-controlled Adlabs. “We hope to form the consortium by 15 July. We have already signed up with six companies including Renecka Fincon and Gwalior Farms. We are also in advanced talks with many others,” says Mishra.

B.A.G has bagged licenses to operate stations in Shimla, Patiala, Karnal, Hissar, Ahmednagar, Jabalpur, Dhule, Jalgaon, Muzzaffarpur and Ranchi. “We expect the second phase of FM stations to be active by December. The marketing efforts should start somewhere in September-October. As for selecting radio companies who would form the consortium, we are careful that in each locality no competing operator is selected. We are selecting geographical blocks,” says Mishra.

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News Broadcasting

Kamlesh Singh receives Haldi Ghati Award from MMCF

India Today Group editor honoured for three decades of journalism at Udaipur ceremony.

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MUMBAI- Kamlesh Singh just turned a lifetime of sharp words into a shiny shield because when journalism wakes up a society, even the Maharana of Mewar wants to pin a medal on it.

The Maharana of Mewar Charitable Foundation (MMCF) conferred its prestigious Haldi Ghati Award on Kamlesh Singh, a senior editor at the India Today Group, during a ceremony in Udaipur on 15 March 2026. The national award, instituted in 1981-82, recognises “work of permanent value that initiates an awakening in society through the medium of journalism.”

Singh, who leads several editorial initiatives including Aaj Tak Radio, the Teen Taal community and The Lallantop, was presented the honour by Lakshyaraj Singh Mewar, Managing Trustee of MMCF. The citation highlighted his three decades of contributions to Indian media, innovations in digital journalism, mentoring young reporters, and his popular podcast persona “Tau” on Teen Taal, which fosters thoughtful public discourse.

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The Haldi Ghati Award, named after the historic Battle of Haldighati symbolising valour and resilience, is one of four national awards given annually by MMCF. Past recipients include Tavleen Singh, Piyush Pandey and Raj Chengappa.

Other honourees this year included Padma Vibhushan Pt Hari Prasad Chaurasia, Vedamurti Devvrat Rekhe, Treeman of India Marimuthu Yoganathan, Vir Chakra Capt Rizwan Malik, and US-based researcher Molly Emma Aitken, who received the Colonel James Tod Award for contributions to understanding Mewar’s spirit and values.

In an era where headlines often shout louder than substance, the MMCF quietly reminded everyone that real journalism isn’t about noise, it’s about the quiet, persistent work that stirs society awake, one thoughtful story at a time.

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