Carat bags Reliance backed Extramarks’ media biz
MUMBAI: Carat Media has been appointed the media AoR for new age digital learning solution company Extramarks Educati
MUMBAI: The Times Television Network (TTN) has appointed Rohit Kishore Chopra to the post of head legal at Times Television Network and Prime Connect. He will be based out of Mumbai and be responsible for all legal and regulatory affairs of TTN and Prime Connect as well as support the team on Box TV.
The existing legal teams at TTN and Prime Connect will report into Chopra who in turn will report into Avinash Kaul.
ET Now, Times Now and Zoom chief executive officer Avinash Kaul said, "We are delighted to have Rohit on board. Given his significant experience in the broadcast space, Rohit will play a pivotal role in directing the legal and regulatory aspects of TTN?s business."
Chopra comes to TTN from Viacom18 Media where he was head corporate legal affairs. He has worked at Balaji Telefilms Limited, Reliance Big Broadcasting and ESPN Star Sports in the past.
Chopra said, "I am really excited and honored to be a part of such a diversified media conglomerate. I look forward to working with this dynamic team and adding value to the system."
MUMBAI: Reliance Capital has increased its stake in the group?s entertainment arm Reliance Broadcast Network Ltd. (RBNL) by 2.03 per cent over the last three months.
The investment arm of Reliance ADAG has in tranches picked up the additional equity through market purchase to now hold 9.91 per cent in RBNL, the company that owns and operates a clutch of TV channels and FM radio brand Big FM.
Reliance Capital?s most recent purchases were on 5 and 6 July, buying a total of 506,161 shares of RBNL, amounting to 0.64 per cent stake in the company, for Rs 25.81 million.
Reliance Capital now owns a total of 7.87 million shares in RBNL. The company held 6.26 million shares earlier, according to data provided on the BSE.
Reliance Group held 7.88 per cent stake in RBNL till 31 March 2012. While Reliance Land owned 44.57 per cent, AAA Entertainment held 10.38 per cent and Reliance ADA Group Trustee had 2.54 per cent stake in the company.
RBNL scrip ended Friday at Rs 51 per share, up 0.20 per cent from its previous close.
switch
switch