CABLE

TRAI calls upon MIB to establish credible measurement system for TV, radio, OTT

The Telecom Regulatory Authority of India (TRAI) has recommended establishing a transparent audience measurement system for television, radio, and OTT services to the Ministry of Information and Broadcasting. It suggests revamping the existing system, expanding sample sizes, encouraging multiple rating agencies, and utilising advanced technologies. TRAI also proposes granting infrastructure status to the broadcasting sector to boost investment, streamlining processes, measuring broadcasting's impact on GDP, implementing a policy for the AVGC sector, and expanding TV reach through broadband infrastructure and subsidised schemes for underserved populations.

EU proposes anti-dumping duty on Indian optical fibre cable manufacturers

The European Commission has proposed a 8-11.4% anti-dumping duty on Indian optical fibre cable (OFC) manufacturers exporting to Europe. Sterlite Technologies, Birla Cables, Universal Cables, Vindhya Telelinks, and others are among the companies facing this duty.

Committed to work together to deal with important issues: Trudeau after meeting PM Modi in Italy

Canadian PM Justin Trudeau mentioned that there are "important but sensitive" issues to address with India after meeting PM Narendra Modi at the G7 Summit. He declined to share specifics but emphasized their commitment to work together on significant matters. The meeting, held in Italy, comes amidst strained relations between the two countries, stemming from Trudeau's allegation of India's involvement in the killing of Khalistani terrorist Hardeep Singh Nijjar in British Columbia last year. India has dismissed the allegations as baseless.

Thefts of charging cables pose yet another obstacle to appeal of electric vehicles

Thieves targeting EV charging stations in cities like Seattle to steal copper wiring pose challenges for major automakers, charging companies, and EV owners. The thefts have led to increased security measures and collaboration with authorities to address the issue.

4 stocks closed crossing above VWAP on June 10

KEC International shares jump 8% on winning order worth Rs 1,061 crore

KEC International's share price rose by 8% to Rs 829 after securing new orders worth Rs 1,061 crore. The company's YTD order intake is over Rs 3,000 crores, with a growth of 30% compared to last year.

Buy Finolex Cables, target price Rs 1950: Anand Rathi

Finolex Cables Ltd. key Products/Revenue Segments include Electrical Cables, Cables, Others, Scrap and Copper Rods for the year ending 31-Mar-2023.

10 Best Rattles and Plush Toys for Infants for Wholesome Development

Discover the top 10 rattles and plush rings for infants that combine safety, sensory development, and entertainment. This curated list highlights eco-friendly, BPA-free options designed to enhance hand-eye coordination and soothe your baby. With various shapes, colors, and sounds, these toys are perfect for stimulating your little one's growth and ensuring endless hours of fun.

How to watch ‘The Life & Murder of Nicole Brown Simpson’ for free?

The highly anticipated documentary series "The Life & Murder of Nicole Brown Simpson" is set to premiere, providing viewers with an in-depth exploration of Nicole Brown Simpson's tragic story.

Ministries divided over inclusion of IT gear in public procurement list

Differences have erupted between DPIIT and IT ministry over listing electronic consumables (printer cartridges, toners, cables) in public procurement preference list.

Over 40 pc ads in Cricket World Cup 2023 promoted smokeless tobacco brands: Study

According to the study conducted by a group of experts from the Indian Council of Medical Research (ICMR) and Vital Strategies, of the total 41.3 per cent surrogate advertisements of smokeless tobacco (SLT) brands, 39.9 per cent were telecast during India's matches and 37.8 per cent during matches featuring one or both teams from South Asia (Afghanistan, Bangladesh, Pakistan and Sri Lanka).

TPG Asia sells entire stake in RR Kabel in Rs 958 crore block deal

Marquee funds, including Edelweiss MF, Tata MF, Goldman Sachs, Citigroup, Morgan Stanley, ICICI Pru MF, Blackstone Aqua, Reliance Nippon Life, and HDFC Standard Life, among others, bought stakes in the transaction.

R R Kabel shares zoom 6% after posting 20% YoY jump in net profit. Should you invest?

R R Kabel's shares surged 6% on BSE to Rs 1,820.80 after reporting a 20.6% YoY increase in profit after tax to Rs 78.7 crore. The company's revenue rose 15.7% YoY to Rs 1,754 crore, with EBITDA margin at 6.6%.

Longer-term bullish trend continues on capex & cable-related stocks: Sanjiv Bhasin

Sanjiv Bhasin, Director at IIFL Securities, discusses the bullish trend in stocks, particularly in capex and cable-related sectors. He highlights optimism despite high valuations, mentioning GMR and RR Kabel's performance.

TPG Asia to sell entire stake in RR Kabel via Rs 957 crore block deal today

The private equity firm acquired a 21% stake in RR Kabel five years prior to the IPO, which was launched in the latter half of 2023. Since then, it has continuously reduced its stake.

Optic fiber cable component maker Runaya aims to grow rev to Rs 500 cr over next 3-4 years

The transition to 5G and the associated infrastructure upgrades are driving this demand, with the global market for fiber optic cables expected to grow from $9.2 billion in 2021 to over $12 billion by 2024, representing a compound annual growth rate (CAGR) of 10%, according to estimates by the company.

Technical Breakout Stocks: Bharat Dynamics, Finolex Cables & Cochin Shipyard hit record highs; trading tips for Monday

The domestic market closed flat after hitting record highs with S&P BSE Sensex reaching 75,636 and Nifty50 at 23,026. Buying was seen in public sector stocks while selling was seen in other sectors.

India must loosen the cords tying it too tightly to the pervasive influence of global Big Tech

India aims for self-sufficiency through autarky and atmanirbhar initiatives, focusing on nurturing the 13 markers of 'Viksit Bharat' for a fully digitised economy and sustained growth in various sectors.

We would keep 12-15% cash and wait for stocks that would outperform over next 12 months: Sandip Sabharwal

Sabharwal sees market correction due to weight, not elections. Global markets flourish, India shifts investments to China. Sabharwal says: "My base case is continuity and to that extent we would be more near 12% to 15% cash and waiting to buy into stocks and sectors which we think would offer outperformance potential over the next one year."

Polycab India Q4 Results: Cable maker posts profit rise on healthy demand

Polycab India reported a 28.5% jump in its fourth-quarter profit on Friday, driven by strong demand for its wires and cables, its largest segment.

Trai paper on National Broadcasting Policy Soon: Chairman Anil Kumar Lahoti

Telecom Regulatory Authority of India (Trai) to issue consultation paper on the National Broadcasting Policy (NBP). Ministry seeks Trai's recommendations on the policy. Trai chairman addresses industry requirements in fireside chat and promotes orderly growth of the industry with removal of entry barriers.

Broadcasters seek meeting with Parliamentary Committee

The Indian Broadcasting and Digital Foundation (IBDF) has requested a meeting with the Parliamentary Standing Committee on Communications and IT after being excluded from deliberations on a report on the regulation of cable television in India. The IBDF expressed concerns about the report's inaccuracies, misinterpretations of data, and omissions of crucial information.

Parl Panel to hold 'constructive' talks with ministry on Broadcast Bill

The Indian Broadcasting and Digital Foundation and News Broadcasters and Digital Association have raised concerns about the proposed Broadcasting Services Regulation Bill, 2023, stating that it gives the government excessive powers to interfere with content creation and dissemination. The committee recommends granting distribution platform operators the authority to select individual channels from broadcasters' bouquets to promote freedom of choice.