News Broadcasting
Motilal Oswal report says CAS unlikely to impact Zee Telefilms till 3FY04
MUMBAI:The Motilal Oswal Inquire Indian Equity Research (MOSt Inquire) report dated 20 December 2002 has stated that CAS is unlikely to have any financial impact on Zee Telefilms before 3QFY04 as the first phase would only get completed by December 2003.
Speaking to indiantelevision.com, Motilal Oswal Securities’ Subhabrata Majumder elaborated, “The passage of CAS in the Rajya Sabha will ensure that the longer term impact would be favorable to Zee Telefilms. We have maintained our FY04 estimates and Buy recommendation.”
The reasons, Motilal Oswal gives for not changing its position on the Zee stock include:
Ø Zee’s higher rural bias compared to competitors protects it from any adverse impact on advertising revenues due to possibly low set top box penetration in the metros.
Ø It is possible that the set top box penetration might show a substantial increase and surprise the sceptics.
Ø Broadcasters could float a mass general entertainment free-to-air channel to enhance their advertising revenues and to give viewers a laddering option to graduate to their respective pay offerings. (Zee may actually take this route by having a free to air, second run programming channel.)
Ø Zee is a broadbased player with the viewership of its flagship channel, Zee TV having a higher rural bias than its competitors. The regional language Alpha channels also give it a broader revenue base from the non-metro cities and towns. Therefore, for Zee, the implied share of advertising revenues from the metros would not be more than 20 percent.
In the longer term, with improving penetration of set top boxes, Zee could derive higher pay revenue grow the post-CAS. We maintain our advertising and pay revenue estimates for FY04, till the time the final guidelines are out and reiterate our Buy recommendation.
News Broadcasting
Kamlesh Singh receives Haldi Ghati Award from MMCF
India Today Group editor honoured for three decades of journalism at Udaipur ceremony.
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.
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.
