You are here » Home » Companies » Company Overview » Broadcast Initiatives Ltd

Broadcast Initiatives Ltd.

BSE: 532816 Sector: Media
NSE: BROADCAST ISIN Code: INE698H01018
BSE LIVE 15:04 | 16 Jan 3.15 0.15
(5.00%)
OPEN

3.15

HIGH

3.15

LOW

3.15

NSE LIVE 12:07 | 26 Dec 2.80 -0.10
(-3.45%)
OPEN

2.80

HIGH

2.80

LOW

2.80

OPEN 3.15
PREVIOUS CLOSE 3.00
VOLUME 2450
52-Week high 4.45
52-Week low 2.50
P/E
Mkt Cap.(Rs cr) 7.97
Buy Price 3.15
Buy Qty 50.00
Sell Price 0.00
Sell Qty 0.00
OPEN 3.15
CLOSE 3.00
VOLUME 2450
52-Week high 4.45
52-Week low 2.50
P/E
Mkt Cap.(Rs cr) 7.97
Buy Price 3.15
Buy Qty 50.00
Sell Price 0.00
Sell Qty 0.00

Broadcast Initiatives Ltd. (BROADCAST) - Chairman Speech

Company chairman speech

From the CEO and MD's Desk

Dear Shareholders

I am delighted to share our Eleventh Annual Report with you. In the year gone by yourCompany further fortified its leadership as India's one of the largest news network acrossIndia in Hindi Speaking Market (HSM) news genre.

Keeping in mind innovative and competitive media your Company is geared up to face newchallenge to broadcast anything live from PAN India. We have also tied up with major MSOsand cable operators in all major regions for expanding our reach throughout the country inHindi Speaking Market (HSM) news genre. I am confident that the Group will firmlyestablish itself as one of the India's most successful and admired media companies in theyears to come. Live India continued to have a leading share in the HSM news genre. Some ofthe popular key shows during year are Live 50 Sport Track Live India Aaj Master MindDelhi Live Election Coverage Cricket World Cup 2015 Operation Mahabharat etc.

Corporate Governance and ethical practices are very important for us and with ableguidance from the Board we have continued to push the benchmark for the highest standards.Your Company's philosophy on Corporate Governance principles has always been value drivenand aimed at setting the right example by our conduct in business and therefore it is morethan a mere set of binding obligations and more of a framework to be followed in spirit byeveryone associated with the organization.

During the year the Group has re-launched its digital editions in February 2015 underthe umbrella of Live India Digital. The news sites of Live India Digital i.e.www.liveindia.in www. mimarathi.in www.liveindiahindi.com are rapidly gainingpopularity.

In February 2015 the Group has launched "Mi Marathi Live" Marathi news paperwith satellite editions from Thane Kalyan- Dombivali Navi-Mumbai and Vasai-Virar. Thestate gets one more Marathi daily newspaper. The Company has also started the activity of'Prajatantra live' Hindi News Paper and 'Live India' Hindi Magazine under the brand nameLive India.

"Mi Marathi" 24x7 Marathi News channel of the Group has become a number onenews channel in Maharashtra (Source- TAM). Looking ahead we are going to be more focusedon intensifying our efforts to dig deeper into the market with aggressive marketing andbranding. With a new identity we are looking to become a more comprehensive media Companywith one concrete focus of being relevant to our viewers.

Finally I thank all the shareholders customers and employees for their continuedsupport.

Sincerely

Supriya Kanase

Chief Executive Officer & Managing Director.