News Broadcasting
Star hikes capital base in Space TV
NEW DELHI: Star TV affiliate Space TV has made some changes in its application for permission to start a KU-band DTH venture that involves increasing the company’s financial base, a senior government official has said.
Pointing out that the clearance of a DTH application does not solely depend on the information and broadcasting ministry but other ministries as well, a senior I&B ministry official was quoted as saying that , “As far we understand, Space TV has made some changes in its application and expanded its financial base to qualify as a serious player.”
Space TV is understood to have increased the paid-up capital of the company to about Rs 100 million from a low paid-up capital base of just Rs 500,000.
“This move has been necessiated as the finance ministry had pointed out that permission to start a big ticket venture like DTH ought not to be given to a company which had a low paid-up capital. The official also said that no time frame can be provided for clearance of the two applications which have come for DTH (the other has come from Subhash Chandra’s Agrani).
“However, our aim is to give the clearance as soon as possible and the moment we get all the necessary go-aheads from other places like the home ministry, we will proceed,” the official said.
Meanwhile, he also pointed out that Star News broadcasting’s request for permission to start a news channel in India and also uplink to an Indian satellite is being “processed.”
“Since they have applied as a foreign company, the necessary security and other checks have to be done before a permission is given. But it looks like a routine matter,” the official said.
Faced with some opposition from within the government, Star reworked its application and sought permission to start a news channel (Star News) under the foreign news channel’s category. It has also emphasised that Virgin Island registered Star News Broadcasting Ltd will source news content from Star India.
News Broadcasting
Business Today MindRush returns to Mumbai, spotlight on India’s edge in a fractured world
Policymakers and corporate heavyweights gather to map supply chains, energy security and markets
MUMBAI: As fault lines widen across global trade and geopolitics, Business Today is doubling down on India’s moment. The 14th edition of Business Today MindRush & Best CEOs Awards lands in Mumbai on March 28, pitching India’s strategic edge at the centre of a fragmenting world.
The day-long summit, presented by PwC, will bring together a tight mix of policymakers, industry leaders and market voices to decode shifting supply chains, maritime strategy, defence priorities, energy security and capital markets—sectors now deeply entangled with geopolitics.
M Nagaraju, secretary, department of financial services, ministry of finance, will headline the event, setting the tone for discussions that aim to track how India is repositioning itself amid disrupted trade routes and volatile energy dynamics.
The speaker slate reads like a cross-section of India Inc’s command centre. Krishna Swaminathan will zero in on sea lanes and supply chains, while Prashant Ruia is set to push the case for self-reliance in oil and gas. Ashish Chauhan will weigh in on capital markets at a pivotal juncture, as a panel featuring Vibha Padalkar, Sanjiv Mehta, Amish Mehta and Sanjeev Krishan debates navigating economic uncertainty.
Leadership under pressure will be another running theme. Madhavkrishna Singhania, Sharvil Patel, Karan Bhagat and Anurag Choudhary will unpack how businesses are steering through disruption. Arun Alagappan will turn the spotlight on fertilisers, Arundhati Bhattacharya will reflect on leadership transitions, while Anish Shah and S Vellayan will outline blueprints for building future-ready conglomerates.
The event will close with Aroon Purie setting the broader editorial lens, before the Best CEOs Awards recognise standout corporate leadership across sectors.
At a time when the global order looks increasingly splintered, MindRush 2026 is positioning itself as more than a conference—it is a signal that India intends not just to navigate the churn, but to shape it.
