GECs
Star looks to give mobile users a Plus experience
MUMBAI: In an effort to tap into the burgeoning mobile sphere, Star India is launching the platform Plus by the end of February.
Star is hoping this initiative will help users go beyond using the mobile for text and voice. It is being positioned as a solution for consumers to catch up on television, sports, movies, shop and bank on the go.
Speaking on this, Star Mobile Entertainment senior VP Viren Popli says, “The mobile service is a particularly valuable tool for those who do not have access to the net. They can access the digital world. You do not need to change your phone. You need GPRS to download the application for free. There will be a monthly fee of around Rs 2 for the content. Of course ringtone downloads or purchases will be billed separately.
“Once a user downloads the application he will see nine buttons. These are TV, Sports, Music, Movie, Lifestyle, Community, Downloads, Info Services and Help. TV has a TV guide. We also offer mobisodes of our shows. This is basically a summary of the episode that has just aired. You can also get wallpapers. As far as information services are concerned we have a few partners. For banking we have tied up with HDFC. It allows you to access your account, ask for a cheque book.”
Popli adds that in the travel, segment there are two partners – Travelguru and makemytrip.com. One can buy tickets and make hotel reservations. Star has also tied up with Infomedia for the Yellow Pages service. Here you can search for phone numbers. For astrology there is a tie-up with Dinesha Speaks. The sports section has a news desk for cricket, hockey, golf, tennis etc. One can also get ball by ball updates.
In the movies section one gets clips, news and reviews. For music the firm has tied up with Universal Music. One can get information on new releases, classics etc. One can listen to clips before deciding whether or not to make a purchase. Popli adds that as of now five to 10 per cent of mobile phones in India have GPRS. Hopefully in two years time with services like this launching 30-40 per cent of phones will have GPRS.
He says that the service took six to seven months to set up. One criteria was that the user should not have to change his/her phone. Also the interface needed to be easy to use. Right now the interface is in English but Star is looking at making it available in other languages as well. Going forward Plus’ aim will be to add to the depth and breadth of the services it offers.
For instance, in TV in the future one might get other channels’ schedules and have clips from there besides the Star bouquet. That is one reason why Popli says the name Plus was given to the service to separate it from the Star brand name. The firm is also examining the possibility on introducing mobile blogs, mail as time goes on.
In the Lifestyle section one can get information on cars courtesy a tie up with Overdrive. Then there is a tie-up with T3 for gadget news. Computing information comes courtesy Chip. Design tips will be provided by Better Interiors. Fans of audio can learn what is happening thanks to a tie up with AV Max. If one wants to buy a car for example one can put in a price range and then see what is available. A review will be there and then one can ask for a test drive.
The Community section will offer Midnight Chat on Channel [V] as well as shopping. One can also blog here.
GECs
Sebi sends show-cause notice to Zee over fund diversion, company responds
Regulator questions 2018 letter of comfort and governance lapses; company vows robust legal response
MUMBAI: India’s markets watchdog has reignited its long-running scrutiny of Zee Entertainment Enterprises, issuing a sweeping show-cause notice that drags the broadcaster and 84 others into a widening governance storm.
The notice, dated February 12, has been served by the Securities and Exchange Board of India to Zee, chairman emeritus Subhash Chandra and managing director and chief executive Punit Goenka, among others. At its heart: allegations that company funds were indirectly routed to settle liabilities of entities linked to the Essel Group.
The regulator’s probe traces its roots to November 2019, when two independent directors resigned from Zee’s board, flagging concerns over the alleged appropriation of fixed deposits by Yes Bank. The deposits were reportedly adjusted against loans extended to Essel Group entities, triggering questions about related-party dealings and board oversight.
A key flashpoint is a letter of comfort dated September 4, 2018, issued by Subhash Chandra in his dual capacity as chairman of Zee and the Essel Group. The document, linked to credit facilities availed by certain group companies from Yes Bank, was allegedly known only to select members of management and not disclosed to the full board—an omission SEBI believes raises red flags over transparency and governance controls.
Zee has pushed back hard. In a statement, the company said it “strongly refutes” the allegations against it and its board members and will file a detailed response. It expressed confidence that SEBI would conduct a fair review and signalled readiness to pursue all legal remedies to protect shareholder interests.
The notice marks the latest twist in a saga that has shadowed the broadcaster since 2019. What began as boardroom unease has morphed into a full-blown regulatory confrontation. The final reckoning now rests with SEBI—but the reputational stakes for Zee, and the message for India Inc on governance discipline, could scarcely be higher.
