1993 - In October the Company entered into a Memorandum of Understanding with two U.S. - based Companies of NRl's viz. Joint American Indian Network Inc. an Illinois Corp. and Development Finance and Communications Ltd. a New York Corp. for the purpose of operating a 24 hour TV broadcasting business directed primarily at the Indian market. Subsequently a Joint Venture Agreement was signed between Joint American Indian Network Inc. and the Company.

1994 - The Joint Venture commenced broadcasting from the uplinking facility located at Dubna near Moscow from 1st January with the leasing of transponder No.10 on the stationary satellite located at 103 degrees East.

- JAIN TV became the first network to provide 4 hours of spiritual programming covering all faiths like Hinduism Islam Christianity Sikhism Buddhism Jainism and others.

- The Company produced 120 episodes on the teachings of Holy Quran and for the first time in the country started daily telecasts on the subject.

- The company has procured the broadcasting rights and telecasted 82 programmes on thoughts of OSHO 13 episodes of Swami Chinmayanand and several other programmes on Christianity.

- JAIN TV became the first private channel to give election news and analysis during the State Assembly Elections held in the year 1994-95.

- JAIN TV provided an opportunity and facility to all political parties to avail the time slots and put their political propaganda on TV.

- A cartoon film made by the Company titled "Wisdom of the Mouse" was selected for screening at International Conference on Population & Development which was organised by the United Nations at Cairo (EGYPT) from 5th to 13th September. This film earned a Certificate of Recognition from John Hopkins University Baltimore (U.S.A.).

- JAIN TV also was responsible for giving a fillip to regional languages television airing entertainment programmes in Tamil Telegu Malyalam Bengali and other Indian languages.

- The Company earned a distinction in running a number of continuing medical education programmes to develop a niche medical channel.

1995 - JAIN TV was the only channel where quotations of Bombay Stock Exchange on almost real time basis could be seen at the bottom of the screen on a ticker reaching out to 56 countries in the Afro-Asian region.

- JAIN TV made an arrangement with United States Information Service and regularly showed their programmes related to Developmental issues and on subjects like science and technology environment etc.

1996 - Public Issue of 21 79 300 No. of Equity Shares of Rs 10/- each for cash at a premium of Rs 80/- per share aggregating Rs 19 61 37 000/- was issued on 28th June.

1997 - The Company's new project to run a modern state-of-the-art studio and produce video software at UV-442 Udyog Vihar Dundahera Gurgaon is in progress.

- The company had entered into an agreement with Joint American Indian Network Inc. USA whereby the company had been granted right to use Satellite Transponder to air its programme.

- The company had issued 20 00 000 equity shares of Rs. 10/- each for cash at par to Joint American Indian Network Inc. The agreement expired on 17.12.96.

1998 - The company had reimported 300 video programmes from Hong Kong earlier exported to Expotech Ltd. Hong Kong in the financial year 1995-96 for a total value of Rs. 260.38 lacs.

- During the year the company had revalued its immovable properties situated at Udyog Vihar Gurgaon Mumbai Chennai and Bangalore at Rs.350 lacs 82 lacs 40 lacs and Rs. 50 lacs respectively creating Revaluation Reserve of Rs. 397.79 lacs.

1999 - The Foreign Investment Promotion Board (FIPB) has cleared a proposal of Jain Studios Ltd (JSL) in disregard of the objection raised by the information and broadcasting ministry on the quantum of foreign equity.

- Jain Studios promoted by former BJP member of Parliament J K Jain had sought permission for increasing business activities including providing Internet-related services setting up an earth station gateway at Noida and uplinking from there for the Jain TV channel.

- JSL had stated that the company would get into the business of providing Internet services electronic data interchange electronic trading robotics creation and provision of value-added telecom.

- The company has also set up of software technology parks gateway earth stations take up broadcasting and multicasting projects related to radio or TV whether through satellite or terrestrially or otherwise of voice data as permitted by regulatory authorities in any part of the country to promote software and manpower exports.

2000 - Jain Studios Ltd (JSL) the broad-casting company for Jain TV is making a foray into the information and technology sector with the focus on internet related projects.

- To set up the gateway earth station at Noida JSL has floated another company called the Noida Software Technology Park Ltd with an investment of Rs 6 crore.

- JAIN Studios will raise an additional Rs 150 crore for setting up the country's first private gateway for both video uplinking as well as internet connectivity. The earth station is set up at the company's 12-acre Noida property near Delhi.

- Jain Studios would pitch hard to become the first ISP to provide internet services through a multipurpose TV set.

- Jain Studios was the first company in India that had secured necessary clearances from both the information and broadcasting (I&B) ministry as well as the department of telecommunications (DoT) for setting up a gateway bypassing VSNL for both broadcasting and internet services.

- Jain Studios has joined hands with Transaction Systems Architects to launch secure Internet payment gateway to carry out credit card transactions on the Internet.

- The Company has dematerialised its shares with effect from 1st June.

- The Company has entered into a tripartite agreement for the purpose with National Securities Depository Ltd and MAS Services Pvt. Ltd. the registrar and transfer agents.

- The Company will spin off its Internet services division Jain Internet as a separate company by early next year. The Company has already renamed Jain Internet as Jain Networks.

2003

-Jain Studios Limited has informed that Shri Shashi Kant Kapoor has resigned from the Directorship of the Company.