Category: Finance

New Delhi (India), February 6: Small cap stock from the agro-processing sector stock M K Proteins Ltd on Tuesday recommended bonus shares in the ratio of 2:1 implying shareholders will be eligible to get 2 bonus shares for every 1 share held as on the record date.

M K Proteins shares zoomed 21% in last 2-weeks on bonus share buzz and soared 1925% in last 3-years. Last trading price of M K Proteins shares on BSE is Rs 47.28 apiece with intraday fall of 1.64%. Check details given below:

M K Proteins Recommends Bonus Shares: As per the BSE filing of the company dated Jan 30, 2024, “The proposal of issuance of issuance of bonus equity shares to the existing shareholders of the company in the ratio of 2:1 i.e. 2 (two) fully paid-up bonus equity shares of the face value of Re 1/- each for every 1 (one) existing fully paid up equity shares having a face value of Re 1 each held by the eligible shareholders of the company as on the record date, subject to approval of shareholders and such other approvals may be required.” Record date is yet to be decided for bonus shares.

The company’s recent results have been positive, and they are planning to increase their authorized capital. They have a strong order book of approximately 270 crores, and they are also expecting to announce a dividend in the near future.

M K Proteins Stock Split: Earlier last year M K Proteins declared stock split and fixed November 10 as the record date. As per the BSE filing of the company dated October 27, 2023, “Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) 2015, we wish to inform you that pursuant to the shareholders’ approval obtained though postal ballot on October 25, 2023, the Board of Directors of the Company has fixed Record Date as mentioned below in the table for the purpose of sub-division/split of 1 (one) Equity Shares of the Company having a face value of Rs. 10/- each into 10 (Ten) Equity shares of the company having face value of Re. 1 each.”

M K Proteins Stock Performance & Return: The 52-week high price of M K Proteins shares on BSE is Rs 100.00 per share and 52-week low price is Rs 35.07 per share, respectively. M K Proteins has a market capitalisation of Rs 675 crore. M K Proteins shares declined 36% in last 6-months, jumped 1925% in last 3-years, and soared 2000% in last 5-years. M K Proteins About: M.K. Proteins is presently engaged in manufacturing vegetable refined oils, with a refining capacity of 250 tons per day. It refines rice bran, sunflower, cotton seed, soya bean, palm, and canola oil at its manufacturing facility in Ambala, Haryana, according to its official website.

 Disclaimer: The stock just highlights the bonus issue and is not a recommendation to buy, sell or hold. We have not done fundamental or technical analysis and have no opinion on the stock mentioned. Neither, the author nor Greynium Information Technologies should be held liable for any losses. Please consult a professional advisor.

Please note that I cannot provide any financial advice or make any recommendations about the suitability of this company as an investment. It is important to do your own research and consult with a qualified financial advisor before making any investment decisions.

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New Delhi (India), February 6: Applauding Union Budget 2024, Sachin Patil, MD & CEO of Messe Stuttgart India said, “ It is High Time to recognise the pivotal role of Exhibition and Trade Fair sector in propelling India onto the global stage. India’s emergence as a major hub for international events, exhibitions, and conferences is both promising and challenging.

The future growth prospects for this sector are immense, and it’s heartening to witness growing interest from foreign trade bodies and industry associations. This underscores the tremendous potential that our country holds as a MICE destination. However, for India to truly emerge as a global MICE powerhouse, we must extend our focus beyond Metro Cities to other tier II cities. A decentralised approach to event infrastructure development will not only distribute economic benefits more equitably but also enhance the accessibility and reach of international events.

I commend the Union Budget 2024’s strategic focus on infrastructure development. The launch of the National Infrastructure Pipeline and the PM Gati Shakti Yojana, backed by significant investments exceeding 150 lakh crores, is indeed a forward-looking move by the government. The emphasis on roads, railways, logistics, and green energy aligns seamlessly with the core facets of the exhibition and MICE industry. A robust and well-connected infrastructure is the backbone of successful exhibitions and events, facilitating seamless logistics, transportation, and sustainable practices. This budgetary support is a boon for our industry, promising increased accessibility and efficiency in organizing and attending events. The renewed focus on green energy is particularly noteworthy, reflecting a commitment to sustainability that resonates with the values of the exhibition sector.
These infrastructure initiatives will play a pivotal role in revitalizing the exhibition and MICE industry. We look forward to leveraging these developments to enhance the overall experience for exhibitors and attendees alike. I believe that a strong infrastructure foundation sets the stage for successful exhibitions, fostering economic growth and creating a conducive environment for business collaborations.

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A Confluence of Innovation, Networking, and Recognition for the BFSI Community, 21-13 February, at Jio World Convention Centre, Mumbai

Mumbai (Maharashtra) [India], February 5: The 11th edition of IBEX INDIA, the country’s comprehensive International Trade Fair and Conference for BFSI & Fintech Sector, will be organised from 21 – 23 February 2024 at Jio World Convention Centre, Mumbai, India.

The Indian BFSI sector has been constantly innovating and embracing cutting-edge technologies to enhance operational efficiency, customer experience, and security. The adoption of artificial intelligence, blockchain, data analytics, and digital platforms is reshaping traditional banking and insurance models.

An upsurge in digital transactions, online banking, and mobile financial services vividly underscores the industry’s unwavering commitment to delivering seamless and user-friendly solutions. This digital revolution, far from merely streamlining processes, actively promotes financial inclusion by extending its reach to segments of the population that were historically underserved.

Regulatory compliance has become a focal point, ensuring that advancements in technology are in harmony with the regulatory framework. BFSI institutions are proactively enhancing cyber security measures to safeguard sensitive financial data and uphold the integrity of the financial system.

Since 2011, IBEX INDIA has been providing a strategic platform for the technology service providers to show case their innovative and transformative technologies to the ever-evolving BFSI sector.

IBEX India 2024 is an action-packed 3-day event from February 21-23, 2024, where the entire BFSI community from India would interact with leading global technology solution providers, who would be showcasing diverse technologies in areas such as banking automation, physical infrastructure, IT infrastructure/network, security, retail banking, Insurtech, artificial intelligence, digital banking, and more. 

INDUSTRY SUPPORT

Exhibitors include Zoho Corporation Pvt. Ltd. (SEZ), Aditya Infotech Pvt. Ltd. (CP Plus), Neokred Technologies Pvt Ltd, MBM Newtech Pvt Ltd/Kodak Alaris, NMDC Data Centre Pvt Ltd/ Yotta, Netapp India Pvt. Ltd, Juniper Networks India Pvt. Ltd, ACZET Pvt Ltd, Arihant Maxsell Technologies Pvt. Ltd, Ashlyn Chemunoor Instruments Pvt Ltd, Digital Check Corp, Evolis Card Printer India Pvt Ltd, Geeken Seating Collection Pvt Ltd, Kores India Ltd, Kusters Engineering India Pvt Ltd, Microworld Software Services Pvt Ltd, Miscot Systems Pvt. Ltd, Neo SOFT Pvt. Ltd, Perto India Private Limited and TP-Link India Pvt. Ltd.

Endorsed and supported by public and private banks, IBEX India 2024, has the unanimous buy-in from the industry, in addition to the support from industry associations. Among them are Bank of Maharashtra, Central Bank of India, City Union Bank, CSB Bank, Cyber Society of India, Dhanlaxmi Bank, Digital Security Association of India (DiSAI), Equitas Small Finance Bank, Federal Bank, Finance Industry Development Council (FIDC), Fincare Small Finance Bank, Fino Payments Bank, FinTech Association of Sri Lanka (FASL), Indian Overseas Bank, Karnataka Bank, Karur Vysya Bank, Maharashtra State Cooperative Banks Association(MSCBA), National Federation of State Co-operative Banks Ltd. (NAFSCOB), NKGSB Co-operative Bank Ltd., The Rajasthan Urban Co-operative Bank Ltd, RBL Bank , South Indian Bank UCO Bank and Union Bank of India support IBEX India .

Officials from public sector banks, private banks, cooperative banks, foreign banks, financial institutions/ NBFCs/ insurance companies/ gold loan companies/ are expected to visit IBEX India 2024. There are over 100 exhibitors participating in the exhibition, which is a vital part of the event. 

IBEX India 2024 will see the presence of senior members of the BFSI fraternity participating in stimulating discussions along with representatives of leading technology companies. There will be a conference with the theme “Navigating to New Horizons – BFSI Technology, Trends & Transformation”, featuring an impressive panel of BFSI professionals.

High-level keynote speeches, thought-provoking panel discussions and special addresses focusing on Data Sovereignty, BFSI Innovations – Trends & Next Practices, Adoption of AI –Strategy and Governance, Embracing Zero Trust Infrastructure, Compliance Automation, Reg Tech and Legal Tech, Customer Service Excellence & Martech, Fintech-BFSI Sector Collaboration and Digital Public Infrastructure.

The last day of IBEX India will have a seminar dedicated to the Cooperative banks, covering issues related to cooperative banking. The seminar will facilitate knowledge exchange, collaborative networking, and insights into the transformative impact of technology on the cooperative banking landscape.

TECH AWARDS

As we embark on the 11th edition, IBEX INDIA proudly unveils the Technology Awards 2024, underscoring the dedication to recognising and celebrating technological prowess, innovation, and excellence within the Indian BFSI landscape. The award ceremony will be evaluated by an esteemed jury panel comprising seasoned experts from the BFSI Sector, Technology, Insurance, Regulation, and Financial Services.

In collaboration with IBEX INDIA 2024’s exclusive knowledge partner, Capgemini, the awards promise to be a benchmark in recognizing excellence within the industry. The jury panel and knowledge partners have meticulously curated relevant award categories and judging parameters to ensure a fair and impartial evaluation for all nominees.

The attendees at IBEX India can witness and experience the latest technologies for the BFSI sector and will also have the opportunity to cultivate meaningful connections with industry experts, potential clients, and strategic partners. Additionally, attendees can gain valuable insights into current market trends, learn about the best practices in the industry and identify tailored solutions for their brands.

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New Delhi (India), February 3: In the dynamic world of real estate development, Kartik Soni stands as a visionary force, leading the charge as the Founder & Chairman of Swara Group. Since its inception in 2018, the group has become a prominent player in residential construction, particularly focusing on both new site development and redevelopment. Kartik Soni’s commitment to excellence has propelled Swara Group to the forefront of the real estate industry, with a remarkable portfolio that continues to expand.

With six successful projects completed, seven currently underway, and an impressive seven to eight more in the pipeline, Swara Group is leaving an indelible mark on Ahmedabad’s real estate landscape. Kartik Soni’s leadership has been instrumental in shaping the group’s trajectory, reflecting a dedication to quality construction and a focus on revitalizing communities.

In a reflective Republic Day message, Kartik Soni articulates Swara Group’s ethos, stating, “Swara Group’s commitment to excellence turns dreams into masterpieces.” The group’s achievements are indeed noteworthy, having brought joy to over 450+ families through the swift completion of 15 splendid schemes. Beyond construction, Kartik Soni’s passion extends to the revitalization of communities, envisioning a future where urban living is redefined through opulent experiences in meticulously redeveloped spaces.

Looking forward to 2024, Kartik Soni unveils ambitious plans to further redefine urban living. Swara Group aims to revamp old housing societies, crafting vibrant, contemporary homes that feature ample parking spaces and luxurious amenities. The objective is clear – to meet the evolving needs of residents by providing them with redeveloped constructions that not only fulfill their housing requirements but also offer the privilege of enjoying skyline projects in the heart of the city.

Kartik Soni’s vision goes beyond bricks and mortar; it encapsulates the idea of creating vibrant, modern living spaces that symbolize elegance and innovation. As Swara Group continues to carve its niche in the real estate industry, Kartik Soni remains at the forefront, steering the group towards a future where redefined urban living becomes synonymous with Swara Group’s commitment to excellence.

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Bengaluru (Karnataka) [India], February 1: Finance Minister Nirmala Sitharaman presented the Interim Budget 2024-25 at the Parliament today, a day after the commencement of the Budget Session. The interim budget provided estimates of the government’s expenditure, revenue, fiscal deficit, financial performance, and projections for the upcoming months.

Sharing her views on the focus laid on innovation and R&D, Geetanjali Vikram Kirloskar, Chairman and Managing Director, Kirloskar Systems Limited said, “The announcement of a corpus of Rs 1 lakh crore for long-term, interest-free loans is aimed at boosting innovation. This move is expected to encourage industries to have a more focused approach towards research and innovation, particularly in emerging areas such as renewable energy and battery storage.”

The finance minister concluded her budget presentation with a positive outlook, signalling the government’s determination to continue fostering inclusive growth and development. Reiterating this, Mrs Kirloskar added, “A continued focus on prioritizing the needs of the poor, women, youth, and farmers will have a welcome impact on inclusive development and growth agenda of the country, both socially and geographically.”

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Mumbai (Maharashtra) [India], December 30: In today’s fast-paced world, immediate financial assistance often dictates the pace of critical decisions. Piramal Finance offers an online personal loan service tailored to meet urgent financial needs efficiently. This service includes digital documentation, no foreclosure charges, and competitive interest rates.

Effortless Digital Documentation:

Piramal Finance streamlines the loan application process with digital documentation, eliminating the need for extensive paperwork and physical visits. Applicants can easily upload documents trough a user-friendly digital platform, simplifying the loan application process.

Zero Foreclosure Charges:

Piramal Finance allow borrowers with the freedom of early loan closures without incurring any additional charges. This flexibility empowers borrowers to manage their finances effectively and settle their loans ahead of schedule, saving on additional costs.

Competitive Interest Rates:

Committed to affordability, Piramal Finance offers competitive interest rates on its online personal loan. Borrowers can access funds at rates tailored to ensure financial convenience while comfortably repaying the loan within their means.

Swift Disbursement and Transparent Processes:

The company’s efficient disbursal system ensures quick fund transfers to the applicant’s bank account upon loan approval, providing immediate financial support. Piramal Finance operates transparently, keeping applicants fully informed throughout the borrowing process

Customer-Centric Approach:

At Piramal Finance, customer satisfaction is paramount. The dedicated support team provides comprehensive assistance, promptly addressing queries and concerns to ensure a seamless and satisfying borrowing experience.

Conclusion:

Piramal Finance’s online personal loan service is a benchmark in the financial sector, offering significant advantages such as digital convenience, no foreclosure charges, competitive rates, rapid fund disbursal, and customer-focused support. This service is an ideal solution for those needing immediate financial assistance.

Experience the ease of accessing funds promptly, benefiting from digital convenience, financial flexibility, and transparent processes. Contact Piramal Finance today and witness how their same-day online personal loan service can address your urgent financial needs effortlessly.

For more information or to apply for the personal loan, please visit Piramal Finance’s official website – https://www.piramalfinance.com/personal-loan 

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New Delhi [India], November 15: The festive season is a time of joy, celebration, and, often, a time of increased expenses. Whether it’s buying gifts for loved ones, planning holiday trips, or indulging in festive treats, the financial demands of the holidays can add up quickly. This is where a well-chosen credit card can be a valuable financial tool.

AU Small Finance Bank offers a range of credit cards designed to suit different spending needs. In this blog, we’ll guide you on choosing the right AU Small Finance Bank credit card for your specific festive season spending requirements.

Zenith+ Credit Card:

Who is it for: Those in pursuit of premium lifestyle privileges.

Key Features:

• Premium Brand Vouchers
• Metal credit card for a premium feel.
• Lowest Forex markup, movie passes, and lounge access.
• Complimentary Golf rounds and Meet & Assist VIP service.
• Taj Epicure Membership

Vetta Credit Card:

Who is it for? First-time cardholders with a focus on grocery and departmental store spending.

Key Features:

• Brand Vouchers as Welcome benefit*
• Quarterly and yearly milestone benefits.
• 1,000 Reward Points on your birthday on the 1st transaction on that day [RM1].
• 1% fuel surcharge waiver.
• Complimentary Domestic & International airport lounge access.
• Contactless card usage.

LIT Credit Card:

Who is it for? Those who value customization and personalization.

Key Features:

• India’s 1st customizable credit card.
• Select features, and pricing, and manage them in real-time as per your needs.

AU InstaPay Credit Card:

Who is it for? Customers looking for effortless UPI and QR payments using a credit card.

Key Features: Seamlessly make UPI and QR payments with your credit card.

ixigo AU Credit Card:

Who is it for? Travel enthusiasts who want to maximize their travel rewards.

Key Features:

• India’s most rewarding travel credit card.
• Discover endless travel rewards and benefits.

Choosing the Right Credit Card:

Choosing the appropriate credit card for your festive expenditures is crucial. Take into account your spending patterns and the perks that match your lifestyle. If you’re a first-time cardholder, the Zenith Credit Card or Vetta Credit Card might be suitable. For premium experiences, the Zenith+ Credit Card is worth considering.

For those who enjoy customization, the LIT Credit Card allows you to tailor features to your liking. Travel enthusiasts can benefit from the ixigo AU Credit Card, while the AU InstaPay Credit Card simplifies UPI and QR payments. Take the time to compare the features, rewards, and benefits of these credit cards to make an informed decision that will enhance your festive season and future financial experiences. AU Small Finance Bank offers a credit card for every need, ensuring that your spending is both convenient and rewarding.

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In the ever-evolving world of finance and lending, Money on Navkar Stands out as a trusted and reliable financial partner. With a dedication to providing comprehensive financial solutions and exceptional customer service, Money on Navkar has earned a reputation as a respected financial institution. Let’s delve into what makes Money on Navkar the go-to choice for individuals and businesses seeking financial support.

Money on Navkar offers a wide spectrum of financial services to cater to the diverse needs of its customers. Whether you’re looking for personal loans, business loans, credit cards, home loans, low CIBIL loans, or specialized financial solutions, Money on Navkar has the expertise and offerings to address your specific financial requirements.

At the heart of our success lies a customer-centric philosophy. They prioritize customer satisfaction by providing personalized, hassle-free financial solutions. This approach has earned them a loyal and growing customer base who appreciate the attention to their unique financial needs.

One of our standout features is its competitive interest rates. By offering financial products with favourable interest terms, they empower customers to borrow responsibly and invest in their dreams, be it furthering their education, expanding their business, or becoming homeowners. In a world where time is precious, Money on Navkar streamlines approval processes. With swift approval mechanisms, instant loans, and straightforward application procedures, they ensure that customers can access funds promptly, reducing the stress and uncertainty associated with financial emergencies.

Money on Navkar is committed to financial inclusion, exemplified by its low CIBIL loans and support for women’s group loans. They recognize that everyone deserves access to financial resources, regardless of their credit history or gender. This commitment to inclusivity has made them a trusted partner for a wide range of customers. Staying ahead in the financial industry requires innovation and technology integration. Money on Navkar has embraced cutting-edge technology to enhance the accessibility and convenience of its services. With online applications, mobile apps, and digital services, they simplify the entire customer experience.

 Money on Navkaris more than just a financial institution; it’s a reliable and dedicated partner in your journey toward financial success. Their diverse financial solutions, competitive interest rates, customer-centric approach, and commitment to inclusivity make them a go-to choose for individuals and businesses alike. Whether you’re looking to achieve personal goals, expand your business, or secure your dream home, Money on Navkaris your gateway to financial fulfilment. Choose Money on Navkaras your trusted financial partner and unlock the path to a brighter financial future.

 Money On Navkar  status as India’s No. 1 NBFC is a testament to their relentless commitment to customer satisfaction, diverse financial solutions, competitive interest rates, and a focus on inclusivity. Whether you’re looking to achieve personal goals, expand your business, or secure your dream home, Money on Navkar is the premier choice for unlocking your financial aspirations. Choose Money on Navkar as your trusted financial partner and embark on a path to financial success and fulfilment. Staying ahead in the financial industry necessitates innovation and technology integration. We are embraced cutting-edge technology to enhance the accessibility and convenience of its services. With online applications, mobile apps, and digital services, they simplify the entire customer experience. 

Please Visit Our Website for more information: https://www.moneyonnavkar.com/ 

OR Contact us on: – +9198999-44426

Toll free number: 1800-202-8381

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Mr. Misbah Baxamusa, CEO, NJ Wealth

Article by Mr. Misbah Baxamusa, CEO, NJ Wealth-Financial Products Distributors Network

Mumbai (Maharashtra) [India], October 9: Financial literacy is essential to making sound financial decisions and fulfilling long-term financial needs. However, with the plethora of investment products available, investors can often get confused. From choosing the right product to tracking your investments, the entire process can be complicated. Navigating through this maze of investments is necessary to live a financially prosperous life. 

When it comes to investing in mutual funds, a mutual fund distributor plays a crucial role in educating investors about mutual fund investment products. Mutual fund products include a lot of technical jargon, such as equity, debt, hybrid, large-cap, small-cap, beta, etc. Investors might often get confused in this jargon and may feel lost when investing on their own. 

A mutual fund distributor essentially handholds investors throughout the investment process, guiding them about the various mutual fund options available. Distributors educate investors about risk profiles, explaining to them their risk tolerance and risk appetite and guiding them on how much risk they should take. Moreover, a distributor can teach investors about the investment objectives to be SMART – (Specific, measurable, achievable, realistic, and time-bound). 

Distributors handhold investors throughout their investment process, helping them overcome their emotional biases. They also educate investors about the tax effect on their investments and compliance-related steps that they need to take. After the process of investing is finished, distributors guide investors to track and rebalance their investments to ensure that they are on track to fulfilment. 

Some distributors also run investor awareness programs to break down finance-related jargon. This is not only important for distributors to onboard more clients, but it also fosters a healthy habit of saving and investing, which contributes to the well-being and fulfilment of investors. 

NJ Wealth is committed to promoting investor education and fostering financial awareness. We have started NJ FLAP (Financial Literacy Awareness Programme) to educate individuals about financial matters and empower them to make informed investment decisions. In addition to NJ FLAP, we provide comprehensive training specifically designed to prepare candidates for the required certification examinations to individuals aspiring to become mutual fund distributors. 

Furthermore, we hold training for our partners so that they can leverage this in their client meetings and pass that knowledge on to investors, helping them make informed decisions. 

To conclude, the role of mutual fund distributors in financial education and investment guidance cannot be overstated. Mutual fund distributors serve as catalysts for raising the level of financial literacy among the masses. With the increasing availability of investment options, the ability to comprehend and navigate this complex landscape is important. Distributors are instrumental in providing investors with the necessary knowledge to decipher financial concepts and technical jargon, empowering them to make choices aligned with their unique financial objectives and risk tolerance.

The impact of mutual fund distributors extends beyond individual investors alone. By disseminating financial wisdom and promoting responsible investment practices, they contribute to the broader financial well-being of communities and societies at large. As financial literacy and participation in financial markets increase, more families get on track to witness the fulfilment of their financial needs and life’s cherished dreams.

https://www.njwealth.in/

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Romil Ramgarihia articulates that the financial terrain within the Indian media sector is in a constant state of flux, mirroring the swift evolution of the industry at large.

New Delhi (India), October 3: The media sector in India has witnessed remarkable growth over the past few decades, becoming a significant player in the global market. “The media sector in India has always been a dynamic and rapidly evolving industry. As per the reports, India’s Media and entertainment industry is expected to grow to $55-70 Bn by 2030 at 10-12% CAGR, led by OTT, Gaming, Animation, and VFX,” mentions Romil Ramgarhia. This rapid expansion has been fuelled by advancements in technology, increased internet penetration, and a growing appetite for content consumption. In tandem with this growth, the financial dynamics of the Indian media sector have also evolved significantly. 

The Indian Government has implemented several measures to bolster the cable distribution sector, including the digitization of operations to attract heightened institutional investment. Furthermore, the Foreign Direct Investment (FDI) cap in cable and direct-to-home (DTH) satellite platforms has been raised from 74% to 100%. Moreover, the film industry has been accorded industry status as also the AVGC sector (Animation, VFX, Gaming, and Comic). In a discussion on the origins of the monetary surge, Romil Ramgarihia states, “One of the primary sources of funding for media companies in India comes from banks, Institutional lenders, venture capital (VC) and private equity (PE) firms. However, this is limited largely to the top end of the funnel. The larger ecosystem still depends on private lenders, which is expensive and also for the short term. The sector needs more funding options for equity, allowing media companies to scale up operations, invest in content creation, and explore new markets.” Various companies such as Vice Media, Emerald Media, and BDMI focus on investing in and incubating various early-stage media and content-specific startups.

Disruptions in the Digital Realm

The emergence of digital platforms and streaming services has brought about a revolution in the way content is experienced and consumed. This shift has required media companies to invest heavily in digital infrastructure, content delivery networks, and cybersecurity. Furthermore, data-driven decision-making is becoming increasingly crucial in the media sector. Artificial intelligence and data analytics are being employed to understand consumer behaviour, tailor content offerings, and optimize advertising strategies. “Leveraging AI-driven predictive analysis enables media moguls to discern the potential success of content through in-depth scrutiny of viral trends,” says Romil Ramgarihia. Emphasizing the importance, he adds, “This invaluable insight empowers companies to refine their content, marketing, and distribution strategies, ensuring they remain agile in responding to evolving market demands and fortifying their brand presence.”

How The Revenue Streams Have Evolved

Advertising revenue remains the cornerstone for most media organizations. With India being one of the world’s fastest-growing ad markets, media companies have a vast potential for revenue generation through advertisements, encompassing digital, print, television, and radio. However, in recent years, the subscription-based revenue model has gained prominence, particularly in the digital space. Platforms like Netflix, Amazon Prime, and various OTT (Over-The-Top) services have successfully monetized premium content through subscription fees. “Media companies also bolster their revenue by licensing their content to various platforms, both domestically and abroad. This source of income has undergone significant transformation in the face of intense competition, with licensing and syndication now playing a pivotal role in augmenting the revenue streams of these companies,” shares Romil Ramgarhia.

Future Prospects and Opportunities

India’s rich tapestry of languages and cultures provides a fertile ground for media companies to explore untapped regional markets. The rise of independent journalism and YouTube-based reporting is a testament to the growing appetite for content tailored to local preferences. There is a palpable enthusiasm among audiences to engage with news and information that resonates with their specific regions. This presents a golden opportunity for established media houses to expand their reach and enhance their viewership by delivering content that caters to this diverse and expansive audience base.

“Embracing emerging technologies like augmented reality (AR), virtual reality (VR), and blockchain can open up new avenues for content creation and distribution, providing unique and immersive experiences for consumers,” mentions Romil. “Collaborations between media companies, technology firms, and content creators is the only path ahead which will be mutually beneficial and also foster innovation,” he added.  

Navigating the financial landscape requires a nuanced understanding of funding mechanisms, revenue streams, and regulatory frameworks. There need to be more funding vehicles which can specifically focus on this sector and improve the risk perception of the industry to open more options from the larger organised financial ecosystem.

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