TRAI’s New Rules Likely to Increase Cable TV, DTH Bills: Crisil

Bills of cable TV and Direct-To-Home (DTH) services are likely to increase for most subscribers, a Crisil report said here on Monday. The report said that the new norms, which came into force on February 1, would benefit Over-the-Top (OTT) platforms. ‘The network capacity fee (NCF) and channel prices announced by broadcasters and distributors as […]

Comcast Demonstrates Sky-High Ambition in Global Media Shake-Up

US cable giantscored a big win in the scramble for media assets by beating Rupert Murdoch, and his backer, in the battle forwith an eye-watering $40 billion (roughly Rs. 2.9 lakh crores) bid. It was a ‘great day’ for Comcast, Chairman and Chief Executive Brian L. Roberts said of Saturday’s auction victory. The US group has had […]

Apple to Build New $1 Billion Campus in Texas

Apple said on Thursday it would invest $1 billion (roughly Rs. 7,200 crores) to build a second campus in North Austin, Texas and another $10 billion (roughly Rs.72,000 crores) for new data centres over the next five years, as it aims to create 20,000 jobs in the United States. The announcement follows a promise byin January […]

Apple CEO Tim Cook’s $12 Million Bonus for 2018 Is His Biggest Ever

Apple Chief Executive Officer Tim Cook collected his biggest-ever annual bonus for fiscal 2018 after the iPhone maker posted record revenue and profit, and its market value temporarily eclipsed $1 trillion (roughly Rs. 70 lakh crores). received a $12 million roughly Rs. 84,500 crores) bonus for the year ended September 29, the Cupertino, California-based company said […]