Bennett Coleman & Company Ltd (BCCL) that owns the
Times of India newspaper and Times Now channel has sent legal notice to Broadcast Audience Research Council (BARC) alleging illegal and fraudulent viewership data manipulation and tampering of television rating points (TRP) of its TV channel, Times Now, by the Council. In the notice, BCCL has demanded a compensation of Rs431 crore along with an interest from BARC. It also asked refund of its licence fee of Rs21.83 crore paid to BARC along with the interest.
In the notice (seen by
Moneylife), BCCL says, Times Now’s viewership numbers or TRP were clearly fudged and manipulated by BARC from 2017-onwards. Times Now’s viewership numbers were deliberately and in a concerted manner, reduced for giving benefit to the newly launched channel, which has considerably and adversely impacted the revenue, growth, reputation, goodwill and image of the Times Now channel and the Times Group at the national and international level.
Nifty Sensex resume their upmove – Monday closing report
Moneylife Digital Team
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We had mentioned in previous week’s closing report that Nifty, Sensex were in no man’s land. On Monday, the major indices opened with major gains and ended slightly higher. On the NSE, there were 845 advances, 1,074 declines and 334 unchanged.
The trends of the major indices in the course of Monday’s trading are given in the table below:
Vodafone Idea reported a net loss of Rs 4,532 crore against Rs 6,439 crore YoY. Revenue dipped 2% to Rs 10,894 crore from Rs 11,089 crore YoY.
Bharti Airtel board will meet on February 17 to discuss strategic plans and reorganisation of the shareholding framework of subsidiary companies. This may lead to consolidation or acquisition of shares of subsidiary companies, the consideration of which may be discharged through the issuance of equity shares of the company on a preferential basis and/or cash , the company said in a regulatory fil
How To Stay Safe from Online Phishing; What Are the Legal Remedies To Get Justice
Moneylife Digital Team
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“Privacy is myth in India, because we do not have any law pertaining to it. The Supreme Court declaring privacy as a fundamental right is a good thing, but where is the law and the implementation to protect this so-called fundamental right?” questioned advocate Dr Prashant Mali. While speaking at a webinar organised by Moneylife Foundation, the cyber law & cyber security expert, spoke in detail how one can protect oneself from online crimes and what steps you need to take to get justice.