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MAM

Canara Bank lines up 8 agencies

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MUMBAI: Canara Bank has empanelled eight agencies – Inter Publicity, Lowe Lintas India, Percept/H, Adwit, Ad Factors, Ad Syndicate, Aakar Advertising, and MC&A Communications.

An official from Canara Bank confirmed the news to indiantelevision.com. The annual spends on the media are expected to be in the range of Rs 300-400 million. The business will be managed from the Bangalore branches of the respective agencies.

The empanelled agencies shall be involved in the conceptualisation of creative and designing advertisements for print, electronic, and outdoor media.

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The nationalised bank had called for an empanelment opportunity in May 2011. The previous empanelment of advertising agencies took place in the year 2009.

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MAM

Dish TV shareholders approve three independent directors

99.49 per cent vote of confidence strengthens board as company expands into connected TV, e-commerce and OTT.

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MUMBAI: Dish TV has just been served a near-perfect vote of confidence and the shareholders have dished it out in style. Shareholders of the DTH operator have approved the appointment of three new Independent Directors with an overwhelming 99.49 per cent approval. The three appointees are Mr Arun Kumar Kapoor, Ms Heena Naishadh Bhatt and Mr Ashok Anant Paranjpe.

The strong mandate reflects continued investor faith in the company’s strategy, disciplined execution and long-term value creation. It comes as Dish TV focuses on stabilising its core DTH business while actively scaling new verticals connected TV platform VZY, B2B e-commerce ShopZop, and OTT service Watcho to build a more diversified and resilient growth trajectory.

Dish TV India Limited, CEO & executive director Manoj Dhobhal said, “We are encouraged by the shareholders’ approval of the appointment of the Independent Directors and sincerely thank them for their continued trust and confidence. The Board is already benefiting from the Directors’ collective experience, which will further sharpen strategic focus and support disciplined execution.”

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With a fresh, strengthened board in place, Dish TV is well positioned to navigate the evolving media landscape. In a sector where every percentage point matters, a 99.49 per cent thumbs-up is the kind of ringing endorsement that suggests the company’s recipe for the future is already tasting right.

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