HC asks TRP rating firm to give info on shares, clients online

Bs_logoImage
Press Trust of India New Delhi
Last Updated : Feb 11 2014 | 8:35 PM IST
The Delhi High Court today asked TV rating agency Kantar Market Research Services Pvt Ltd to provide details of its cross share holding and clients on its website as a transparency measure in the wake of government guidelines in this regard.
The court observed this while hearing a petition filed by Kantar Market Research, which has 50 per cent shares in television rating agency TAM Media, challenging Information and Broadcasting Ministry's policy on TV rating agencies.
A bench of Justice Manmohan said this after senior counsel Harish Salve, who appeared for Kantar Market Research, agreed to furnish an undertaking by tomorrow to give the requisite information on its website.
Salve told the bench that the firm had problem only with a clause of the guidelines of the I&B Ministry which bars the company from having cross holding of 10 per cent or more in TV rating companies or advertising agencies.
He argued that as there was no law which regulates TV rating companies, the guidelines should have first been placed and debated in the Parliament.
He said that the guidelines were "dangerously close to the fundamental right to freedom and will force TAM Media Research to shut down".
Earlier, the court had declined to stay the guidelines, which bar any single entity from having paid-up equity in excess of 10 per cent simultaneously in both a rating agency and a broadcaster, advertiser or advertising agency to ensure fair ratings.
However, Justice Manmohan said that he would hear the matter tomorrow.

You’ve reached your limit of 10 free articles this month.
Subscribe now for unlimited access.

Already subscribed? Log in

Subscribe to read the full story →
Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Access to Exclusive Premium Stories

  • Over 30 subscriber-only stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 11 2014 | 8:35 PM IST