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	<title>DWS Business &#187; Uncategorized</title>
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		<title>Raj Parivaar TV channel from Raj Television Network</title>
		<link>http://www.dancewithshadows.com/business/raj-parivaar-tv-channel-from-raj-television-network/</link>
		<comments>http://www.dancewithshadows.com/business/raj-parivaar-tv-channel-from-raj-television-network/#comments</comments>
		<pubDate>Thu, 11 Feb 2010 18:12:09 +0000</pubDate>
		<dc:creator>Business Editor</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[tv channels]]></category>

		<guid isPermaLink="false">http://www.dancewithshadows.com/business/?p=395</guid>
		<description><![CDATA[Raj Television Network, based in Chennai, is launching a general entertainment channel (GEC) in Hindi, named Raj Parivaar.

The group had received the licence to start the new television channel about 6 months ago.
Raj Television Network already operates a bunch of channels focusing on news, general entertainment and music in different South Indian languages.
According to Amit [...]]]></description>
			<content:encoded><![CDATA[<p>Raj Television Network, based in Chennai, is launching a general entertainment channel (GEC) in Hindi, named Raj Parivaar.</p>
<p><span id="more-395"></span></p>
<p>The group had received the licence to start the new television channel about 6 months ago.</p>
<p>Raj Television Network already operates a bunch of channels focusing on news, general entertainment and music in different South Indian languages.</p>
<p>According to Amit Bose, vice-president (programming) of Raj Television Network, the organisation recently began the dry run of Raj Parivaar by telecasting songs from Hindi movies. The dry run will continue for another two months before Raj Parivaar starts functioning.</p>
<p>The management is also in the process of planning the content and distribution of the new Hindi-language channel, Amit Bose said. The focus of the new TV channel, he explained, will be on giving the viewers “soothing programmes” – or, in other words, “mellowed” and “light” programmes.</p>
<p>Raj Parivaar, Amit Bose added, will operate from Mumbai. The management has not so far made any appointments to the new channel’s key positions.</p>
<p>To start with, Raj Parivaar will be a free-to-air channel, but it may later turn into a pay channel.</p>
<p>Usually, a new general entertainment channel in Hindi would require Rs 3 crore-Rs 5 crore a month, according to Amit Bose.</p>
<p>In addition to Raj Parivaar, the Raj Television Network is planning to start news and music channels in Malayalam and Telugu, as well as a news channel in Kannada, Amit Bose disclosed.</p>
<p>At present, Raj Television Network operates a general entertainment channel in Telugu, called Vissa TV, as also a music channel in Kannada named Raj Musix Kannada.</p>
<p>Raj Television Network had recently entered the field of movie distribution by buying a Tamil-language movie, apart from venturing into production of movies and has produced a few films.</p>
<p>At present, Raj Television Network, having a total revenue of Rs 59 crore, operates 6 television channels – Raj TV, Raj News, Raj Digital Plus, and Raj Musix (all Tamil channels); Raj Musix (Kannada); and the general entertainment channel Vissa (Telugu).</p>
<p>Earlier in January 2010, Raj Television Network had revamped its prime-time programmes on Raj TV, its flagship channel.</p>
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		<title>New traffic system planned for Delhi Commonwealth Games 2010</title>
		<link>http://www.dancewithshadows.com/business/new-traffic-system-planned-for-delhi-commonwealth-games-2010/</link>
		<comments>http://www.dancewithshadows.com/business/new-traffic-system-planned-for-delhi-commonwealth-games-2010/#comments</comments>
		<pubDate>Thu, 04 Feb 2010 19:06:58 +0000</pubDate>
		<dc:creator>Business Editor</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[2010 commonwealth games]]></category>
		<category><![CDATA[new delhi]]></category>

		<guid isPermaLink="false">http://www.dancewithshadows.com/business/?p=387</guid>
		<description><![CDATA[New Delhi: The Delhi police are preparing a new and better traffic circulation system during the Commonwealth Games, Sheila Dikshit, Chief Minister of Delhi, has said.

According to her, smooth transportation of sportspersons to various sporting venues or stadia will be the most important aspect of the traffic plan for the Commonwealth Games, to be held [...]]]></description>
			<content:encoded><![CDATA[<p>New Delhi: The Delhi police are preparing a new and better traffic circulation system during the Commonwealth Games, Sheila Dikshit, Chief Minister of Delhi, has said.</p>
<p><span id="more-387"></span></p>
<p>According to her, smooth transportation of sportspersons to various sporting venues or stadia will be the most important aspect of the traffic plan for the Commonwealth Games, to be held in Delhi in October 2010.</p>
<p>The Chief Minister told reporters on the sidelines of a symposium on public transport, held in New Delhi, that a traffic plan for the Commonwealth Games is being worked out by the Delhi police. Since Delhi has the advantage of being round, there are a number of alternative routes available, she said.</p>
<p>According to R K Verma, Transport Commissioner of Delhi, the transport system is being bettered gradually. Before the Commonwealth Games, the Delhi Transport Corporation (DTC) will run 10,000 buses. There will be more Metro lines, R K Verma said, adding that the government hopes that more people will shift from using cars to using public transport. The focus of the traffic improvement will be on the effective use of the existing space and its potential.</p>
<p>In another important development regarding improving the traffic system for the Commonwealth Games 2010, Delhi police are likely to introduce soon the “e-payment’ of traffic challans. This means that a traffic violator can punch his credit card or debit card number on the website www.delhitrafficpolice.nic.in</p>
<p>The system – named ‘e-challaning’ – is said to be based on the method adopted by the traffic police of Bangalore. In Bangalore, a traffic violator can pay online to a notice, by just typing in the notice number, the registration number of the vehicle and give his email address, along with the details of his credit card or debit card.</p>
<p>Ajay Chadha, Special Commissioner of Police (Traffic), Delhi, said that, in the e-challaning method, notices will be linked to the central system.</p>
<p>Besides, it has been proposed to provide police officers on beat duty on Delhi roads with Blackberry mobile phones, which will help them keep a tab on habitual traffic offenders.</p>
<p>The Delhi traffic police have already begun the process of selecting the company best suited for implementing the e-challaning system.</p>
<p>Ajay Chadha said that, in order to familiarise the public with the traffic circulation system for the Commonwealth Games, the traffic police will barricade and restrict movement of traffic on certain roads. The trial runs, which are likely to start in the middle of February 2010, will continue till the Commonwealth Games starts.</p>
<p>The first trial is expected to be held on the route that the athletes will take from the Indira Gandhi International Airport to reach the Games Village, located in East Delhi.</p>
<p>According to sources, the Delhi traffic police could conduct the trials during the hockey World Cup – to be held from February 28, 2010, to March 13, 2010 – on the route that the hockey teams will take to reach Dhyan Chand Stadium, near India Gate, from Le Meridian Hotel. This plan be will be later implemented in the stretch between the Games Village and Jawaharlal Nehru Stadium, which is the venue for the opening ceremony and the closing ceremony of the Commonwealth Games, as well as other sporting venues.</p>
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		<title>Pyramid Saimira scam: How our business media was taken for a ride</title>
		<link>http://www.dancewithshadows.com/business/pyramid-saimira-scam-how-our-business-media-was-taken-for-a-ride/</link>
		<comments>http://www.dancewithshadows.com/business/pyramid-saimira-scam-how-our-business-media-was-taken-for-a-ride/#comments</comments>
		<pubDate>Wed, 21 Jan 2009 11:13:01 +0000</pubDate>
		<dc:creator>Business Editor</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[newspapers]]></category>
		<category><![CDATA[scam]]></category>

		<guid isPermaLink="false">http://www.dancewithshadows.com/business/?p=64</guid>
		<description><![CDATA[BY OUR MEDIA EDITOR
It&#8217;s not new. Our business media is routinely taken for a ride by corrupt businessmen and their PR hatchetmen. However, this case is a class apart.
On December 21, Business Standard carried a news report, which was faithfully &#8220;followed up&#8221; by other business newspapers in Mumbai and the rest of the country. The [...]]]></description>
			<content:encoded><![CDATA[<p><strong>BY OUR MEDIA EDITOR</strong></p>
<p>It&#8217;s not new. Our business media is routinely taken for a ride by corrupt businessmen and their PR hatchetmen. However, this case is a class apart.</p>
<p>On December 21, Business Standard carried a news report, which was faithfully &#8220;followed up&#8221; by other business newspapers in Mumbai and the rest of the country. The report centred around a certain letter, purportedly written by markets regulator Sebi (Securities and Exchange Board of India). The letter was addressed to Pyramid Saimira, a Chennai-based theatre chain. The letter asked the promoters of the company to make an &#8220;open offer&#8221; to the shareholders of the company.</p>
<p>As per rules, anyone buying more than 5% stake in a company within a year is expected to make an open offer to its ordinary shareholders, offering to buy shares (upto 20% of the total outstanding shares of the company) at the same price. It seemed, from the letter, that the promoters did not make the open offer, and hence violated Sebi&#8217;s Takeover code.</p>
<p>At the time of the news reports coming out, the Pyramid Saimira shares were trading at Rs 60. If the Sebi letter and the news reports were true, the promoters would have been forced to make an open offer at Rs 250. &#8220;Share at Rs 75. Open offer Rs 250,&#8221; screamed the headline in DNA Money. With reports chorusing the impending offer at Rs 250, the shares of the company shot up.</p>
<p>Pyramid Saimira admitted to receiving a couriered letter from Sebi and confirmed the news. It seemed everything was in order.</p>
<p>However, a couple of days later, Sebi clarified that it had never sent any such letter. And Pyramid Saimira too woke up to realise that the &#8220;Sebi&#8221; letter was forged. By this time, the share price had gone up to Rs 83 from the previous Rs 60s. And as the price went up, someone  &#8211; later revealed to be Nirmal Kotecha, a company co-promoter &#8211; heavily sold his shares. And exited at a profit before the stock came crashing when it came to light that the reports were fake and there was no Sebi letter and hence no open offer at a high price either.</p>
<p>Where did the media get this fake letter from? Business Standard said in a front page mea culpa that it got the letter from one Ashok Jainani of Khandwala Securities. Let&#8217;s not forget that news media never reveal their sources, whether the reports are right or wrong. (in BS words: Like other media organisations, Business Standard was duped by a forgery. We apologise to all our readers, to Sebi and to Pyramid Saimira) Rather than admitting to the failure of their own fact-checking mechanisms, the report sought to pass the blame to an analyst. Other media outlets had received the letter from one Rakesh Sharma, a PR agent. Lets also not forget that business media routinely eat of the hands of the PR industry.</p>
<p>The police have since arrested PR guy Rakesh Sharma, and questioned Nirmal Kotecha who sold his shares when the stock had gone up. Investigations are on, but there is still no clarity on who forged the letter, who transmitted it among the media and how our venerable business media gleefully swallowed the letter without even a simple fact-checking with the corporate finance department of the market regulator Sebi.</p>
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		<title>Mercator partners with Infy for ODC in Chennai</title>
		<link>http://www.dancewithshadows.com/business/mercator-partners-with-infy-for-odc-in-chennai/</link>
		<comments>http://www.dancewithshadows.com/business/mercator-partners-with-infy-for-odc-in-chennai/#comments</comments>
		<pubDate>Mon, 17 Nov 2008 10:16:09 +0000</pubDate>
		<dc:creator>Business Editor</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://www.dancewithshadows.com/business/?p=37</guid>
		<description><![CDATA[Mercator, the Dubai-based business technology provider and Emirates Group subsidiary, has partnered with Infosys Technologies to establish an Offshore Development Centre. The centre, located at the Infosys campus in Chennai , India , will develop and maintain systems to support business-critical functions for its customers worldwide.
The three-year engagement between Mercator and Infosys is expected to [...]]]></description>
			<content:encoded><![CDATA[<p>Mercator, the Dubai-based business technology provider and Emirates Group subsidiary, has partnered with Infosys Technologies to establish an Offshore Development Centre. The centre, located at the Infosys campus in Chennai , India , will develop and maintain systems to support business-critical functions for its customers worldwide.</p>
<p><span id="more-37"></span>The three-year engagement between Mercator and Infosys is expected to allow Mercator’s parent company Emirates to enhance its IT environment in order to accommodate increasing demand. Infosys was selected for its custom application development expertise and its ability to deliver a quality service on time.</p>
<p>Mercator is a global provider of business technology solutions, including financial management, cargo and logistics, passenger and airport solutions, IT consulting and systems integration, delivering business services to more than 100 customers in five continents. From its Dubai base, Mercator assists the Emirates Group to meet the increasing demands of a growing business environment. Through this engagement with Infosys, Mercator aims to improve time-to-market of new offerings and reduce risk to its customers’ business through enhanced knowledge management processes and productivity gains, a source said.</p>
<p>According to Patrick Naef, President, Mercator, “Emirates Group and Mercator are expanding rapidly, placing increasing demands on the technology applications and infrastructure driving business processes. There was a clear mandate to change the IT operating model to support rapid growth. Infosys’ proven track record of delivering quality, combined with their intellectual property and global delivery model made them a preferred technology partner.&#8221;</p>
<p>With over 91,000 employees in over 40 offices worldwide, Infosys designs and delivers IT-enabled business solutions which focus on providing operational superiority to their clients. “Large enterprises such as the Emirates Group are working with Infosys to use technology to improve their business models. Our clients are discovering the competitive edge they can gain by utilising the Infosys Global Delivery Model.  We also believe that this new opportunity from Emirates will help Infosys increase its presence in the Middle East significantly,” Dheeshjith V G, Head of New Markets and Services, Infosys Technologies, said.</p>
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		<title>AXN Beyond channel to be launched in india</title>
		<link>http://www.dancewithshadows.com/business/axn-beyond-channel-to-be-launched-in-india/</link>
		<comments>http://www.dancewithshadows.com/business/axn-beyond-channel-to-be-launched-in-india/#comments</comments>
		<pubDate>Thu, 11 Sep 2008 14:25:27 +0000</pubDate>
		<dc:creator>Business Editor</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://www.dancewithshadows.com/business/?p=10</guid>
		<description><![CDATA[Sony Pictures Entertainment plans to launch a second channel in India, AXN Beyond. 
The new channel, AXN Beyond, will have programmes with sci-fi, suspense, horror, mystery, fantasy, paranormal and supernatural undertones unlike the action-adventure and lifestyle reality shows that have been the mainstay of AXN.
Earlier in 2008, AXN Beyond was launched in the Philippines, Singapore, [...]]]></description>
			<content:encoded><![CDATA[<p>Sony Pictures Entertainment plans to launch a second channel in India, AXN Beyond. <span id="more-10"></span></p>
<div id="attachment_11" class="wp-caption aligncenter" style="width: 310px"><img class="size-medium wp-image-11" title="axn-beyond" src="http://www.dancewithshadows.com/business/wp-content/uploads/2008/09/axn-beyond-300x94.png" alt="AXN Beyond TV channel in India" width="300" height="94" /><p class="wp-caption-text">AXN Beyond TV channel in India</p></div>
<p>The new channel, AXN Beyond, will have programmes with sci-fi, suspense, horror, mystery, fantasy, paranormal and supernatural undertones unlike the action-adventure and lifestyle reality shows that have been the mainstay of AXN.</p>
<p>Earlier in 2008, AXN Beyond was launched in the Philippines, Singapore, and Hong Kong. In Hong Kong, shows like Lost and Supernatural were migrated to AXN Beyond. AXN Beyond also airs Pushing Daisies,  Andromed, Buffy the Vampire Slayer, Hex, Night Stalker, Northern Mysteries, The Dresden Files in Philippines, Singapore and Hong Kong.</p>
<p>Rohit Bhandari, AXN&#8217;s new Country Head, India, has said that considering high costs of entry and operation in India, AXN is on the lookout for the best time to launch AXN Beyond in India.  AXN has said that the company is following CAS and other modes of distribution to find the optimal solution.</p>
<p>AXN has more plans for India. afaqs! has quoted Bhandari as saying that AXN is still finalising a few reality series formats and weighing them. &#8220;Currently, most general entertainment channels (GECs) have the song and dance reality shows which are predominantly talent based. We will bring in shows that are based on adventure and thrill,?Bhandari said.</p>
<p>AXN has said that with AXN Beyond and its India-specific reality shows it wants to capture a larger audience in India. The programming of AXN Beyond will target action and adventure enthusiasts in the age group of 25-45 years. AXN will put its muscle behind shows and ground event that will involve audiences.</p>
<p>The shows will not be aired in the 10 pm &#8211; 12 pm slot as that may affect the premium shows.</p>
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