GECs
UTV gets nod for more foreign equity
MUMBAI: The Foreign Investment Promotion Board (FIPB) has given the green signal to United Television (UTV) , to increase its foreign equity in the company from 66.43 per cent to 68.15 per cent.
According to a report in The Financial Express , Century Direct Fund is purchasing 1.72 per cent stake in UTV Software Communications at Rs 12.5 million, thus increasing its total holding in the company to 2.5 per cent. .
The holding of the promoters after the acquisition of Western Outdoor and Century Direct Fund’s hike in stake will be around 35 per cent. Also CDPQ of Canada holds 33 per cent and Rupert -Murdoch -promoted News Corp 15 per cent stake in UTV, adds the report.
In a bid to expand its post production business , UTV had bought Western Outdoor in an all- stock deal , giving it a less than one per cent stake in exchange.
UTV’s future business plans include co-producing a $8 million budget movie called Partition with a Canadian producer, a Rs 200 million budget Hindi movie with Shahrukh Khan and another big budget Hindi movie, the report adds.
GECs
Sony PAL to air Sankat Mochan Hanuman from May 4 at 9 PM
Mythological series brings Lord Hanuman’s tale of devotion and courage back to TV
MUMBAI: Sony PAL is set to bring back the timeless mythological series Sankat Mochan Hanuman, with its premiere scheduled for May 4 at 9 PM. The show revisits the legendary journey of Lord Hanuman, offering viewers a chance to reconnect with one of Indian mythology’s most revered figures.
Centred on themes of devotion, courage and righteousness, the series traces Hanuman’s unwavering loyalty to Lord Ram and his fearless stand against evil. With its mix of dramatic storytelling and visually rich sequences, the show aims to deliver both entertainment and spiritual resonance, appealing to audiences across age groups.
The narrative unfolds as a larger-than-life saga, positioning Hanuman as the ultimate protector and a symbol of strength and selfless service. His journey, rooted in faith and duty, continues to strike a chord with viewers, making the series as relevant today as ever.
The cast features Gagan Malik as Lord Ram, Debalina Chatterjee as Sita, Nirbhay Wadhwa in the titular role, and Saurav Gurjar as Raavan. Their performances bring depth and authenticity to characters deeply embedded in Indian cultural memory.
With its return to television, the show is positioned as more than just a rerun. It taps into a renewed appetite for mythological storytelling, blending nostalgia with timeless values.
As audiences increasingly seek content that resonates beyond entertainment, ‘Sankat Mochan Hanuman’ offers a familiar yet powerful narrative, reminding viewers that stories of faith and courage never really go out of style.
