GECs
UTV LOOKS AT DD BROADBAND BONDING AND 2001 IPO
Media company UTV’s Singapore subisdiary is in talks with state-owned broadcaster DD to promote its online initiative, ddindia.com in Singapore. UTV Chairman Ronnie Screwvala says that revenue sharing discussions are on to launch ddindia.com on the UTV-owned sharkstream.com, its streaming video portal. Screwvala refused to divulge any further details on what the revenue share is likely to be as nothing had been finalised as yet.
He, however, pointed out that sharkstream.com has a subscriber base of 90,000 subscribers in Singapore courtesy its linkup with the local broadband initiative there, Singapore One. UTV receives a part of the Sing$ 3 to $9 per month that Singapore One collects from each of its subs. “The arrangement is under review,” points out Screwvala.
Currently, sharkstream.com webcasts 17 video channels and 70 audio channels. 180 hours of programming are available for pay per view access to subscribers. sharkstream.com has also recently launched via MSO GigaMedia in Taiwan, and plans an Indian launch this month.
Screwvala added that the UTV board had recently approved the prospectus for its proposed public issue, and expects to place it with Sebi withn three weeks. UTV hopes to launch the US$ 40 million (Rs 1,859 million) public issue in early January 2001, to fund its expansion plans.
Some 90 percent of the issue will be sold via the book building route, with 10 percent being offered to retail investors. The funds are slated to be utilised to add content at both UTV and its animation offshoot UTV Tons, the company’s broadband projects and finally to reduce the its present debt.
The UTV IPO has been one of the most awaited in recent times. Announced about a year ago, it has yet to make its debut. Screwvala and his team have been threatening to unravel it almost every two months. But they have decided against it time and again thanks either to the Nasdaq downturn, or the fizzling of new economy stocks. Hopefully, UTV means business this time.
GECs
Vikram and Ajinkya Gandhe win Masterchef India season finale
Chef Sanjeev Kapoor joins judges for emotional MasterChef finale
MUMBAI: The latest season of MasterChef India concluded on a high note, with brothers Vikram Gandhe and Ajinkya Gandhe crowned winners in the grand finale aired on Sony Entertainment Television.
The duo from Nagpur lifted the coveted trophy and donned the show’s signature golden apron after a season that celebrated India’s diverse culinary traditions under the theme “Pride of India”.
This edition of the popular cooking reality show introduced a new jodi format, with 50 pairs from across the country competing in the Masterchef kitchen. Contestants brought personal stories, regional flavours and family bonds to the competition.
The grand finale featured the final three pairs: Vikram and Ajinkya Gandhe (brothers), Saisree and Chanda (mother and daughter), and Anju and Manju (sisters).
The finale was attended by celebrity chef Sanjeev Kapoor, who joined the show’s judging panel comprising Vikas Khanna, Ranveer Brar and Kunal Kapur.
Kapoor said the show has long served as a platform to celebrate India’s rich culinary heritage and provide passionate home cooks with a national stage. He noted that the current season reflected a confident India that takes pride in its roots while embracing new culinary ideas.
Judge Vikas Khanna said the contestants’ journeys and the memories created during the season would remain with the team long after the show’s conclusion. Ranveer Brar described the show as a family that continues to grow with every season, while Kunal Kapur praised the contestants’ creativity and determination.
With the finale now concluded, the latest season of MasterChef India once again highlighted how food can reflect identity, heritage and storytelling, inspiring home cooks across the country to pursue their culinary ambitions.
