News Broadcasting
Color Chips plans up to $10 million GDR issue
MUMBAI: Hyderabad-based Color Chips (India) Ltd is considering a global depository receipts (GDR) issue of up to $10 million to fund its expansion plans.
“We are going in for a GDR issue as certain investors have shown interest to enter into our company. The size could be in the range of $5-10 million. We are likely to freeze on the exact amount in our next board meeting which is to be held on 1 March,” Color Chips chairman and managing director Sudhish Rambhotla tells Indiantelevision.com.
Color Chips is also eyeing acquisition of a company in the US. “We are in negotiations with a few companies in the US for strategic reasons. We have appointed consultants who are working on it. This will help provide us a strong production pipeline. We would require funding for this,” says Rambhotla.
Color Chips, which is engaged in service contracts, wants to move up the value chain. By having an outfit in the US, the company hopes to benefit in bagging bigger contracts.
The company will also require funding to execute co-production deals. The company has co-production deals in animation outsourcing work as well as graphics for live action movies. “We are providing high graphics for two live action movies for which we will have a share in revenues. We are also in co-production deals for animation,” says Rambhotla.
Color Chips has worked in several projects including international co-production “Legend of the Dragon” with German studio BKN New Media. The company expects revenues to go up from Rs 117 million to around Rs 150 million in the current fiscal, says Rambhotla.
News Broadcasting
CNN-News18 to host Kolkata Town Hall on Hooghly River
‘Bhalobasa Bengal Inspiring Bharat’ event on April 20 brings cultural icons, trailblazing women and leaders aboard a cruise to celebrate Bengal’s enduring influence.
MUMBAI: Bengal is about to make fresh waves on the Hooghly and this time the current is pure conversation. CNN-News18 is taking its iconic Town Hall format to the waters of the iconic Hooghly River on 20 April 2026 with a special edition titled ‘Bhalobasa Bengal – Inspiring Bharat’. The floating event will celebrate the state’s rich cultural legacy and how its ideas, creativity and spirit continue to shape the rest of the country.
The unique riverside setting draws on Bengal’s history as a cradle of reform, art and intellectual thought. The speaker line-up mirrors that diversity: cultural heavyweights Mithun Chakraborty and Sreenanda Shankar will share the stage with trailblazing “Devis” such as Tanya Sanyal (India’s first woman firefighter in aviation), Ipsita Chakraborty (Kolkata’s first woman bartender) and Reshma Nilofer Visalakshi (Nari Shakti awardee and marine pilot). Music will flow through the celebrated pianist-vocalist duo Sourendro and Soumyojit, while public life and governance will be represented by Smriti Irani, Leander Paes, Saira Shah Halim, Keya Ghosh, Rekha Patra, Roopa Ganguly and Babul Supriyo.
CNN-News18, editorial affairs director, Rahul Shivshankar, said the event honours voices that carry Bengal’s legacy forward. Smriti Mehra, CEO – English & Business News, Network18, added that Bengal’s stories resonate far beyond its borders, especially as the state heads into polls.
From the first woman to battle flames in the skies to legendary actors who shaped Indian cinema, the gathering promises a rich mix of inspiration, courage and candid dialogue. In a city where culture has always flowed as freely as the river itself, CNN-News18 is turning the Hooghly into a floating forum for ideas that matter.
Tune in on 20 April on CNN-News18, CTV and YouTube to catch Bengal’s heartbeat in full flow.
