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| 2009 : | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
| The Meltdown effect : Balaji say NO to Star's 26% stake | |
January 20, 2009
The promoters of Balaji Telefilms best known for its soap operas like Kyunki Saas Bhi Kabhi Bahu Thi and Kahani Ghar Ghar Ki, have decided not to buy Star's 26% per cent stake through Asian Broadcasting in the television software company because of the sharp decline in its share price. |
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| The Fall of Nortel : Canada's technology icon is unlikely to emerge from bankruptcy protection | |
January 20, 2009
On 14 January, 2009 Nortel, a troubled Canadian maker of telecoms equipment, filed for bankruptcy protection, making it the first big technology firm to succumb to the recession |
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| Tata Communication faces liquidity crisis | |
January 19, 2009
Tata Communications (TATACOMM), facing a severe liquidity crisis, due to increasing margin pressure and competition, and the possibility of breaching long-term loan covenants, |
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| Star Tribune files for bankruptcy protection After Ads Decline | |
January 17, 2009
Leading media house The Star Tribune which publish Star Tribune Newspaper and website Startribune.com has filed for bankruptcy protection after facing sharp revenue decline. |
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| Saminathan sells 6% stake in Pyramid Saimira | |
January 13, 2009
According to a disclosure to the National Stock Exchange, promoter of Pyramid Saimira, P.S Saminathan has sold 6.04% of the equity, i.e., shares worth nearly 17.07 lakh via off-market transactions between December 20 and December 31, 2008. |
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| Tata Comm running short of working capital | |
January 13, 2009
Tata Communications Ltd (TCL) has informed the department of telecommunications (DoT) that there is “serious shortfall of working capital in the company to meet its annual operating plan. |
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| Pyramid co-founder Kotecha sells 10% stake | |
January 08, 2009
Nirmal Kotecha, one of the founder-promoters of Chennai-based entertainment chain Pyramid Saimira Theatre Ltd, has sold close to 10% stake in the company. |
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| GroupM projects gloomy media outlook | |
January 08, 2009
The average growth rate across media to drop by 50 per cent in 2009. |
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| MSO's for higher FDI in Cable TV sector | |
January 06, 2009
With the information and broadcasting ministry (I&B) deciding to hike the foreign direct investment (FDI) limit in the DTH sector to 74% from the existing 49%, the multi system operators (MSOs) have also sought a similar hike. |
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