Back to Industry news
Essel Group enters I-banking and PE space
The Essel Group has forayed into the financial services sector by setting up a new arm, Essel Financial Services Ltd. Under the holding company, Essel Financial Services, it has established two businesses — private equity and investment banking — named Essel Finance Managers and CAPSTAR, respectively.1
Hinduja group acquires Belgian media company Alfacam
The Hinduja Group has acquired a majority stake in struggling Belgian media company Alfacam, a TV production company that specializes in filming major sports events, since the former plans to build up its content business to augment its cable TV distribution pipeline. The Hindujas have signed a Memorandum of Understanding (MoU) with the company.2
Esha Media to enter TV audience measurement space
Mumbai-based media monitoring service provider Esha Media Research Limited (EMRL) is foraying into the television audience measurement space. Television audience measurement or television rating services are currently monopolized by TAM Media Research. Apart from television audience measurement, EMRL is also looking to foray into other new areas including online business monitoring, television monitoring intelligence, online print media monitoring and social media monitoring.3
1“Essel Group enters i-banking, PE space,” Business Standard, 31 December 2012, via Factiva.
2“Hinduja group to acquire Belgian media firm Alfacam,” Business Line, 27 January 2013, via Factiva.
3“Esha Media to enter TAM territory,” Indiantelevision.com, 29 December 2012, via Factiva.