News Broadcasting
FM broadcaster wins licence, allies with Star
Music Broadcast Pvt. Ltd, a company promoted by the Mittal group, has signed a licence agreement for operating FM channels.
It is one of 16 companies to have signed licence agreements after furnishing bank guarantees amounting to Rs1587.5 million for operating 37 FM channels, according to the United News of India.
Music Broadcast won its licence after committing Rs413 million as bank guarantee. It will be operating from six centres: Mumbai, New Delhi, Bangalore, Nagpur, Lucknow and Patna.
The company looks set to be a major player in the FM wars because of its association with the Star TV Network. Star will handle the service end, essentially ad sales, according to Yash Khanna, Star TV’s Head of Communications.
Queried whether Star was also looking at providing content for the channel, Khanna said he could not comment as discussions were still in progress. Details of the contract were being worked out, he said. Once the final agreement had been reached a clear picture would emerge, he added. Though letters of intent were issued to 26 companies for operation of 93 channels, only 16 companies won licences.
However, nine broadcasting companies, who had been successful in the bidding, had filed five cases in Delhi High Court. “These are being heard simultaneously,” Information & Broadcasting Minister Sushma Swaraj said in the Rajya Sabha. The modalities of Star’s deal with Music Broadcast will be watched with interest as a pointer to how the FM ‘wars’ may play out.
News Broadcasting
Rising Bharat Summit 2026 spotlights India’s global ascent
PM Modi keynotes two-day event with ministers, diplomats and icons in New Delhi.
MUMBAI: India didn’t just host a summit, it threw a coming-out party for a nation ready to own the global stage. The News18 Rising Bharat Summit 2026, held on 27–28 February in New Delhi, emerged as a high-octane platform for ideas, vision and strategic dialogue, uniting national leadership, global policymakers, industry titans, defence strategists and cultural icons under the theme “Strength Within”.
Prime minister Narendra Modi set the tone with a keynote that framed India’s resurgence as a reclaiming of lost potential built over generations. “In previous industrial revolutions, India and the Global South were merely followers,” he said. “But in the era of Artificial Intelligence, India is a partner in decisions and shaping them.” He highlighted the country’s thriving AI startup ecosystem and the recent AI Impact Summit attended by over 100 nations.
Union minister Piyush Goyal (Commerce & Industry) stressed India’s readiness to scale exports and deepen manufacturing, while Ashwini Vaishnaw (Railways, I&B, Electronics & IT) positioned technology and infrastructure as twin engines of growth, especially in AI and digital trust. Jyotiraditya Scindia (Communications & North East Development) revealed India’s ambition to lead in 6G through the Bharat 6G Alliance and partnerships with over 30 countries.
Global voices added depth: former Singapore Foreign Minister George Yeo called India’s development “self-sustaining” and strategically vital; ex-UK Chief of Defence Staff General Sir Nick Carter asserted India deserves a seat at the great powers’ table; and former US Commerce Secretary Carlos M. Gutierrez joined ambassadors from Norway, Germany and Sweden in discussions on geopolitical realignment, sustainability and defence preparedness.
Other speakers included veteran investor Ramesh Damani, World Gold Council CEO David Tait, Vianai Systems founder Dr Vishal Sikka, DeepTech Bharat Foundation co-founder Shashi Shekhar Vempati, defence experts Rajesh Kumar Singh, Sunil Ambekar, Patrick McGee, Tom Cooper and Adrian Fontanellaz, plus cultural and sporting icons Kangana Ranaut, Saina Nehwal, PR Sreejesh, Mohammed Shami, Yuzvendra Chahal, Mithali Raj, Anil Kapoor and Yami Gautam.
The summit was supported by Jio Financial Services (Presenting Partner), Phonepe and DS Group (Co-Presenting Partners), Pernod Ricard India and Kia Seltos (Powered By & Driven By), state governments of Uttar Pradesh, Chhattisgarh and Uttarakhand (State Partners), and associate partners including NSE, M3M Foundation and Reliance Industries.
Broadcast live across News18 Network, CNBC-TV18 and CNBC Awaaz, the event reinforced India’s image as a confident democracy and emerging global power proving that when strength comes from within, the world can’t help but watch.
