News Broadcasting
Govt initiates steps to help Hindustan Photo Films
NEW DELHI: Hindustan Photo Films Manufacturing which has for long suffered as being on the list of sick industries is one of the six companies to be given the minimum public shareholding of 10 per cent requirement under a proposal accepted by the Union Cabinet.
The Cabinet Committee on Economic Affairs has approved creation of the Special National Investment Fund for the specific objective of meeting the minimum public shareholding of 10 per cent requirement in six Central Public Sector Enterprises (CPSEs).
Hindustan Photo Films has for years been responsible for supplying raw stock to filmmakers.
Since these Companies were not financially sound, it was found difficult to meet the minimum public shareholding by following SEBI approved methods. However, government was keen to comply with the requirement in all government companies. The Department of Disinvestment discussed the matter with SEBI and has proposed to meet the minimum public shareholding in the above six Companies.
The salient features of the fund are:
(i) The number of shares that is required to make the six companies compliant with the minimum public shareholding will be transferred to the Special National Investment Fund out of government of India shareholding on irrevocable basis without any consideration.
(ii) The Fund will be managed by independent professional fund managers.
(iii) The Fund will sell the shares within a period of five years.
(iv) The funds realised from the sale of shares would be used for social sector schemes of the government.
(v) The modalities of the sale of shares in the fund would be decided by the existing EGoM.
Under the Securities Contracts (Regulations) (Second Amendment) Rules 2010 of 9 August 2010, all government companies are required to have at least 10 per cent public shareholding and where public shareholding is less than 10 per cent, the companies were required to comply with this condition within a period of three years by following methods permitted by SEBI for this purpose.
News Broadcasting
CNN-News18 to air live counting day coverage for five state election results on May 4
The channel is rolling out its biggest election coverage machinery yet for results day on 4th May
NOIDA: The votes have been cast. Now comes the reckoning. CNN-News18 is pulling out all the stops for results day on 4th May, when counting begins across five battleground states — West Bengal, Assam, Kerala, Tamil Nadu and the Union Territory of Puducherry — in what promises to be one of the most closely watched electoral verdicts in recent memory.
The channel’s coverage, titled Battle for the States: The Verdict, kicks off at 7am and runs through the day across linear TV, connected television and YouTube. It is the culmination of CNN-News18’s multi-format editorial initiative, Battle for the States, which has tracked the polls from the beginning under the theme Road to Power.
At the operational heart of the coverage will be the Live Results Hub, the channel’s central command centre built to collate, verify and process real-time data flowing in from reporters stationed at counting centres across constituencies. The hub combines newsroom intelligence, analytics and on-the-ground reporting to deliver what the channel promises will be the fastest and most accurate results coverage in English news.
Leading the on-air charge will be primetime anchors Rahul Shivshankar, Anand Narasimhan, Aman Sharma, Nabila Jamal and Shivani Gupta. They will be joined by a wide panel of commentators including author Chetan Bhagat; GVL Narasimha Rao, senior leader of the BJP; Smita Prakash, editor of ANI; activist Saira Shah Halim; political analyst Sumanth C Raman; Abhijit Iyer Mitra, senior fellow at IPCS; Amitabh Tiwari, founder of VoteVibe; columnist Abhijit Majumdar; Nalin Mehta, managing editor of MoneyControl; political analyst Tehseen Poonawalla; senior journalist Subir Bhaumik; and political analyst Manojit Mandal.
Shivshankar, who serves as editorial affairs director at CNN-News18, set out the stakes plainly. “Counting day is one of the most watched events in the electoral cycle, where speed and credibility are tested in real time,” he said. “Battle for the States: The Verdict is built on that promise, combining ground reporting, sharp analysis and cutting-edge election technology to give viewers the clearest and fastest route to the verdict. On May 4, CNN-News18 will once again be the nation’s most trusted channel to witness democracy in action.”
Smriti Mehra, chief executive of English and Business News at Network18, framed the coverage in broader terms. “Elections are defining national events, and audiences turn to brands they trust in moments that matter,” she said. “CNN-News18 has consistently led from the front in every election coverage, and this special programming reflects the scale of our ambition and editorial strength.”
The channel has form here. It claims to have been India’s most preferred English news destination for election results for the past 20 years, covering everything from the 2024 general elections to the Delhi, Maharashtra, Bihar and BMC polls on the back of what it calls an “Always First, Always Right” record. Five states, one day, and a nation waiting for answers. The clock starts at 7am on 4th May.
