Hathway cable Q2 Results: Net profit falls 33.7% to ₹20 crore, revenue up 2% YoY
Hathway cable Q2 Results: Revenue from operations rose 2.23 per cent to ₹483.79 crore during the September quarter compared to ₹473.22 crore in the year-ago period. Key Points
mintPakistan cable car ordeal ends with all on board, mostly children, rescued
A military helicopter rescue operation was called off as night fell after two children had been pulled to safety. Flood lights were installed and a ground-based rescue continued. Key Points
Business Todaycable car’s cable snaps mid-air in Pakistan; 6 children stuck, rescue ops underway
The incident happened in Khyber Pakhunkhwa’s Battagram, Pakistan and armed forces have begun a rescue operation. Children were using the cable car to cross the valley to get to school when a cable broke midway. Key Points
Business TodayElectrocution while setting up DTH TV: 1 dead, another critical in Pune
The police said the two men were laying the cable of a direct-to-home television set and taking the cable from one building terrace to another. They received an electric shock from the high-tension power transmission cable. Key Points
The Indian ExpressChina plans $500 million subsea internet cable to rival US-backed project
Chinese state-owned telecom firms are developing a $500 million undersea fibre-optic internet cable network that would link Asia, the Middle East and Europe to rival a similar U.S.-backed project, four people involved in the deal told Reuters. The plan is a sign that an intensifying tech war between Key Points
The Tribune India
HC dismisses cable body’s plea against Trai’s new tariff order
The Kerala High Court on Tuesday dismissed the writ petition filed by the All India Digital cable Federation (AIDCF) challenging the Telecom Regulatory Authority of India’s (Trai) New Tariff Order (NTO) 3.0. The members of AIDCF include Reliance-owned cable companies such as Hathway, Den and GTPL, the Hinduja-group-owned NXTDigital and Asianet Digital Network, which is […] Key Points
FinancialexpressChannels go off air over tariff row with cable operators
In keeping with a new order by the Telecom Regulatory Authority of India (TRAI), referred to as NTO 3.0, the broadcasters had effected a hike of 10-15 per cent on channel offerings, which didn’t sit well with a group of cable operators, who contended that this will impact consumers as well as their own business. Key Points
The Indian ExpressReliance Jio subscribes to keeping DTH licence fee
In August, Trai recommended to the Ministry of Information and Broadcasting (MIB) that the government abolish the licence fee for DTH operators after the end of FY27 to ensure the long-term sustainability of the sector. Trai argued that DTH platforms be treated similar to other regulated and unregulated distribution platforms, such as cable TV, headend in the sky (HITS), Internet protocol television (IPTV), and over-the-top (OTT) services. Key Points
Economic TimesItaly's Prysmian sees core profit rising 34% by 2027 under new strategy
Prysmian (PRY.MI) sees its core profit rising around 34% through 2027 as the world's largest cable maker seeks to benefit from a global push towards cleaner energy and digital transformation, by building on its existing businesses. Key Points
ReutersPAC calls for stricter measures while undertaking railways maintenance works
The Public Accounts Committee (PAC) of India calls for strict safety measures and adherence to Joint Procedure Orders (JPO) by Indian Railways, following procedural lapses during maintenance works that led to cable faults. The PAC report also highlights that the recent derailment of Coromandel Express is a reminder of the severe consequences of such incidents and requires immediate action, including investing in advanced technology. Key Points
Economic Times
Cicadas Are So Loud, Fiber Optic Cables Can ‘Hear’ Them
In 2021, scientists experimenting with fiber optics picked up a strange signal: the cacophony of cicadas. It could lead to a new way of monitoring insects. Key Points
WIREDCicadas Are So Loud, Fiber Optic Cables Can ‘Hear’ Them
In 2021, scientists experimenting with fiber optics picked up a strange signal: the cacophony of cicadas. It could lead to a new way of monitoring insects. Key Points
WIREDMIB to bring OTT, digital news under proposed new broadcasting services legislation
The Ministry of Information and Broadcasting has opened public consultation on the Broadcasting Services (Regulation) Bill, 2023, designed to replace the cable Television Networks (Regulation) Act of 1995. The proposed legislation aims to streamline regulatory processes, encompassing Over-The-Top (OTT) and digital news platforms, and update definitions and provisions for emerging technologies. Key Points
Economic TimesExpect 21% growth in Nifty earnings for this quarter: Siddhartha Khemka
“In terms of valuations, wWithin the cable and wire segment, PolyCab and KEI are the two companies which have been come up with consistent earnings delivery. Those are the places to play the housing theme or the real estate theme. These two companies could be the preferred picks within the segment. ” Key Points
Economic TimesHow ESPN went from Disney's financial engine to its problem
Disney is now exploring a once-unthinkable sale of a stake in ESPN. Not all of it, Robert Iger, Disney's CEO, has made clear. But he wants strategic partners that could either help us with distribution or content, he said during an interview with CNBC last month. Disney has held talks with the NFL, the NBA and MLB about taking a minority stake. Key Points
Economic Times
Ecuador: Dozens trapped in world's highest tourist cable cars, rescued next day | Watch
Dozens of people were stuck overnight in a tourist cable car in Quito, Ecuador, due to a technical glitch. They were rescued after nearly 10 hours. Key Points
mint‘No ordinary person could’ve done it’ — leak in Finland-Estonia gas pipeline spurs tension in Baltic
Early Sunday morning, pressure dropped drastically in Balticconnector pipeline. An undersea telecommunications cable connecting Finland with Estonia was also damaged. Key Points
ThePrintHathway cable & Datacom Q4 net loss at Rs 14.61 crore
Hathway Cable's total expenses in Q4/FY23 were up 8.24 per cent to Rs 484.49 crore. Key Points
FinancialexpressNational highways network in MP will be equivalent to that of US network by 2024-end: Nitin Gadkari
Gadkari recalled when he was Shipping minister, he had prepared a water taxi scheme in Mumbai to ease traffic. A ropeway, a cable car, or a sky bus can be run on the lake (Bhopal's Upper Lake). We will surely help if you (Madhya Pradesh Chief Minister Mohan Yadav) send a proposal, he said and added that the tenders for all 27 rope-way works will be issued soon. Key Points
Economic TimesRajkummar Rao jokes he used to do ‘a good job of stealing cable’ connection
Recalling his younger days, Rajkummar Rao says he would often fix things around in his house. He was speaking at a Delhi event and recalled his younger days. | Web Series Key Points
Hindustan Times
View: With so many cases, little chance of former Pakistan PM Imran Khan walking free
There is no early possibility of Imran Khan getting out of jail. If required, there are other well-documented cases against him that the army could use. It may be too late for him to compromise with the army. More so, after the vandalism and arson of army installations by his supporters on May 9-10. But no one knows how fast fortunes change in this part of the world. Today it is him and tomorrow it could be his opponents replacing him in Attock jail. Key Points
Economic Times