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Tag: CNBC-TV18

  • CNBC-TV18 lines up special shows for Budget 2016

    CNBC-TV18 lines up special shows for Budget 2016

    MUMBAI: CNBC-TV18 is gearing up to cover the Union and Railway Budget 2016 with a host of special shows led by the channel’s business editorial team.

    The channel will air shows like Budget Caravan, What’s Ailing Rural India and Budget Hangout to understand the country’s expectations from the budget.

    Influential names from the world of business and the stock markets will come together to share their opinions and insight. The announcement will be carried out by the team of editors in business news like Udayan Mukherjee, Shereen Bhan, Latha Venkatesh, Anuj Singhal and Sonia Shenoy as well as guest editors such as Ramesh Damani and Manish Chokhani.

    Media experts from around the country will also be seen with the CNBC-TV18 budget editors. Traders will be guided by technical analysts lead by Ashwani Gujral, Sudarshan Sukhani, Prakash Gaba and Rajat Bose. While the fundamental impact of the budget on individual stocks will be analysed by S P Tulsian, Prakash Diwan and Ambareesh Baleega.

    CNBC-TV18 will unravel the initial expectations of India’s economic future and its subsequent impact, based on industry reactions, citizen demands, market implications and expert opinions.

  • CNBC-TV18 lines up special shows for Budget 2016

    CNBC-TV18 lines up special shows for Budget 2016

    MUMBAI: CNBC-TV18 is gearing up to cover the Union and Railway Budget 2016 with a host of special shows led by the channel’s business editorial team.

    The channel will air shows like Budget Caravan, What’s Ailing Rural India and Budget Hangout to understand the country’s expectations from the budget.

    Influential names from the world of business and the stock markets will come together to share their opinions and insight. The announcement will be carried out by the team of editors in business news like Udayan Mukherjee, Shereen Bhan, Latha Venkatesh, Anuj Singhal and Sonia Shenoy as well as guest editors such as Ramesh Damani and Manish Chokhani.

    Media experts from around the country will also be seen with the CNBC-TV18 budget editors. Traders will be guided by technical analysts lead by Ashwani Gujral, Sudarshan Sukhani, Prakash Gaba and Rajat Bose. While the fundamental impact of the budget on individual stocks will be analysed by S P Tulsian, Prakash Diwan and Ambareesh Baleega.

    CNBC-TV18 will unravel the initial expectations of India’s economic future and its subsequent impact, based on industry reactions, citizen demands, market implications and expert opinions.

  • Q3-2016: Reliance organised retail continues on growth path, Jio launched

    Q3-2016: Reliance organised retail continues on growth path, Jio launched

    BENGALURU: The Mukesh D Ambani led Reliance Industries Limited’s (RIL) organised retail segment – Reliance Retail, continued its growth momentum and profitability in the quarter ended 31 December, 2105 (Q3-2016, current quarter, Q3-16).

     

    RIL chairman and managing director Ambani said, “Our portfolio of world-class refining and petrochemical assets are paying-off handsomely. Refining business delivered yet another record performance on the back of seven-year high refining margins and highest ever crude throughput. In the current nine-month period, our refining business EBIT has surpassed the record earnings it achieved in FY-2015. The petrochemical business also delivered amongst its best quarterly performance, driven by robust polymer margins. The benefits of low crude oil and energy prices for our downstream businesses clearly outweigh the impact of these factors on our upstream segment, reflecting in the record earnings for the quarter.”

     

    “In the last quarter we also achieved significant milestones in our consumer facing businesses. In the biggest ever launch, Jio services have been offered to over 100,000 group employees and their families enabling them to experience the world-class digital services and applications, and help co-creating the best experience for all our customers. Our retail business crossed Rs 6,000 crore quarterly revenue milestone with a footprint now encompassing over 3,000 stores in 371 cities,” added Ambani.

     

    Revenues from RIL’s retail segment for Q3-2016 grew by 28.9 per cent YoY to Rs 6,042 crore (8.9 per cent of consolidated net turnover) as compared to Rs 4,686 crore (five per cent of consolidated net turnover) and grew 18.7 per cent QoQ as compared to Rs 5,091 crore (7.2 per cent of consolidated net turnover). RIL says that consolidated its leadership position in the grocery category. It further optimised its network operations to enhance profitability across the grocery retailing chain. Several private label products were launched under various grocery and general merchandise categories during the quarter. These continue to attract consumers due to compelling value proposition and great quality.

     

    The business delivered operating profit growth of 10.5 per cent YoY at Rs 147 crore (2.4 per cent margin)in Q3-2016 as against Rs 133 crore, and grew 25.6 per cent QoQ as compared to Rs 117 crore in Q2-2016.

     

    RIL numbers

     

    For Q3-2016, RIL achieved a consolidated net turnover of Rs 68,261 crore, a decrease of 27 per cent YoY, as compared to Rs 93,528 crore in Q3-2015 and 3.7 per cent lower than the Rs 70,901 crore in the immediate trailing quarter.

     

    However, RIL’s net profit after tax (PAT) increased 39.3 per cent YoY in Q3-2016 to Rs 7,431 crore as compared to the Rs 5,271 crore in Q3-2015 and increased 9.4 per cent as compared to the Rs 6,709 crore in the previous quarter.

     

    Reliance Jio Infocomm Limited

     

    Reliance Jio Infocomm Limited (RJIL), a subsidiary of RIL, is rolling out a state-of-the-art pan India digital services business. In addition to fixed and wireless broadband connectivity offering superior voice and data services on an all-IP network, RJIL says that it will also offer end-to-end solutions that address the entire value chain across various digital services in key domains such as education, healthcare, security, communication, financial services, government-citizen interfaces and entertainment. RJIL aims to provide anytime, anywhere access to innovative and empowering digital content, applications and services, thereby propelling India into global leadership in digital economy. RJIL aims to bring connected intelligence to the country through its extensive true 4G connectivity.

     

    RJIL is the first telecom operator to hold pan India Unified License. It holds 751.10 MHz of liberalised spectrum across the 800 MHz, 1800 MHz and 2300 MHz bands. RJIL plans to provide seamless 4G services using LTE in 800 MHz, 1800 MHz and 2300 MHz bands through an integrated ecosystem. The combined spectrum footprint across frequency bands provides significant network capacity and deep in-building coverage. In addition, RJIL has entered into agreements with RCOM for change in spectrum allotment in the 800 MHz band from RCOM to RJIL across nine circles and sharing of spectrum in the 800 MHz band across 17 circles.

     

    Media business

     

    Consolidated revenue and EBITDA of Network18 Media & Investments Limited was Rs 906 crore and Rs 95 crore, respectively during the quarter. Network18’s news channels (CNBC-TV18, CNBC Awaaz and CNN-IBN) and entertainment channels (Colors, Vh1, MTV, Nick) continued to be leaders in their respective genres says the company. Network18’s digital properties Moneycontrol and Bookmyshow continued to be market leaders. Moneycontrol launched new Android and iOS versions of Moneycontrol App during the quarter.

  • Q3-2016: Reliance organised retail continues on growth path, Jio launched

    Q3-2016: Reliance organised retail continues on growth path, Jio launched

    BENGALURU: The Mukesh D Ambani led Reliance Industries Limited’s (RIL) organised retail segment – Reliance Retail, continued its growth momentum and profitability in the quarter ended 31 December, 2105 (Q3-2016, current quarter, Q3-16).

     

    RIL chairman and managing director Ambani said, “Our portfolio of world-class refining and petrochemical assets are paying-off handsomely. Refining business delivered yet another record performance on the back of seven-year high refining margins and highest ever crude throughput. In the current nine-month period, our refining business EBIT has surpassed the record earnings it achieved in FY-2015. The petrochemical business also delivered amongst its best quarterly performance, driven by robust polymer margins. The benefits of low crude oil and energy prices for our downstream businesses clearly outweigh the impact of these factors on our upstream segment, reflecting in the record earnings for the quarter.”

     

    “In the last quarter we also achieved significant milestones in our consumer facing businesses. In the biggest ever launch, Jio services have been offered to over 100,000 group employees and their families enabling them to experience the world-class digital services and applications, and help co-creating the best experience for all our customers. Our retail business crossed Rs 6,000 crore quarterly revenue milestone with a footprint now encompassing over 3,000 stores in 371 cities,” added Ambani.

     

    Revenues from RIL’s retail segment for Q3-2016 grew by 28.9 per cent YoY to Rs 6,042 crore (8.9 per cent of consolidated net turnover) as compared to Rs 4,686 crore (five per cent of consolidated net turnover) and grew 18.7 per cent QoQ as compared to Rs 5,091 crore (7.2 per cent of consolidated net turnover). RIL says that consolidated its leadership position in the grocery category. It further optimised its network operations to enhance profitability across the grocery retailing chain. Several private label products were launched under various grocery and general merchandise categories during the quarter. These continue to attract consumers due to compelling value proposition and great quality.

     

    The business delivered operating profit growth of 10.5 per cent YoY at Rs 147 crore (2.4 per cent margin)in Q3-2016 as against Rs 133 crore, and grew 25.6 per cent QoQ as compared to Rs 117 crore in Q2-2016.

     

    RIL numbers

     

    For Q3-2016, RIL achieved a consolidated net turnover of Rs 68,261 crore, a decrease of 27 per cent YoY, as compared to Rs 93,528 crore in Q3-2015 and 3.7 per cent lower than the Rs 70,901 crore in the immediate trailing quarter.

     

    However, RIL’s net profit after tax (PAT) increased 39.3 per cent YoY in Q3-2016 to Rs 7,431 crore as compared to the Rs 5,271 crore in Q3-2015 and increased 9.4 per cent as compared to the Rs 6,709 crore in the previous quarter.

     

    Reliance Jio Infocomm Limited

     

    Reliance Jio Infocomm Limited (RJIL), a subsidiary of RIL, is rolling out a state-of-the-art pan India digital services business. In addition to fixed and wireless broadband connectivity offering superior voice and data services on an all-IP network, RJIL says that it will also offer end-to-end solutions that address the entire value chain across various digital services in key domains such as education, healthcare, security, communication, financial services, government-citizen interfaces and entertainment. RJIL aims to provide anytime, anywhere access to innovative and empowering digital content, applications and services, thereby propelling India into global leadership in digital economy. RJIL aims to bring connected intelligence to the country through its extensive true 4G connectivity.

     

    RJIL is the first telecom operator to hold pan India Unified License. It holds 751.10 MHz of liberalised spectrum across the 800 MHz, 1800 MHz and 2300 MHz bands. RJIL plans to provide seamless 4G services using LTE in 800 MHz, 1800 MHz and 2300 MHz bands through an integrated ecosystem. The combined spectrum footprint across frequency bands provides significant network capacity and deep in-building coverage. In addition, RJIL has entered into agreements with RCOM for change in spectrum allotment in the 800 MHz band from RCOM to RJIL across nine circles and sharing of spectrum in the 800 MHz band across 17 circles.

     

    Media business

     

    Consolidated revenue and EBITDA of Network18 Media & Investments Limited was Rs 906 crore and Rs 95 crore, respectively during the quarter. Network18’s news channels (CNBC-TV18, CNBC Awaaz and CNN-IBN) and entertainment channels (Colors, Vh1, MTV, Nick) continued to be leaders in their respective genres says the company. Network18’s digital properties Moneycontrol and Bookmyshow continued to be market leaders. Moneycontrol launched new Android and iOS versions of Moneycontrol App during the quarter.

  • First global edition of EEMAX Awards ropes in 19 sponsors

    First global edition of EEMAX Awards ropes in 19 sponsors

    MUMBAI: Indian event industry’s apex body – Event and Entertainment Management Association (EEMA), which will be taking its annual awards global this year, has roped in as many as 19 sponsors. 

     

    Some of the brands that have come on board are Renault (Automobile partner), Colors (Conclave partner), Maharashtra Unlimited (State partner), CNBC TV18 (Official broadcast partner), Videocon (Support partner), Pepsi (Beverage partner) and Bacardi (Beverage partner) amongst others.

     

    The EEMAX Global Awards are scheduled for 20 September, 2015 in Mumbai and will be preceded by the EEMAX Global Conclave on 19 and 20 September. The awards aims to identify, celebrate and honour the best events and experiential marketing projects from India and around the world.

    EEMA received a huge number of entries for the EEMAX Global Awards. Agencies across India, Asia, Middle East, Africa, Europe, Australia, New Zealand and the US have send in their entries and registered for the event.

     

    Speaking to Indiantelevision.com EEMA president Sabbas Joseph said, “The number of entries has been over whelming. It is certainly beyond expectation. We will give away 30 awards and I am looking forward to the awards night.”

     

    The three level selection process, involves taking the award entries through a screening jury, a global jury and peer voting by members of EEMA to choose the winners in 29 categories that span entertainment events, social events, sporting events, weddings, exhibitions, digital events, government events, education programs and CSR.

     

    “Indian event companies, which run operations globally is what triggered us to take the awards global. For the first year, we will be honouring a chosen few international icons,” informed Joseph.

     

     The EEMAX Global Awards are a clear sign of India’s event industry going global. Indian event companies are being retained by international clients and brands for development of activation programs as well as corporate events, mega public events and also sporting galas.

     

    The event industry in India has grown exponentially over the last two decades with multiple entities operating in this space, in various segments and levels across 100+ cities in India. “Not long back companies used to spend only two per cent of their marketing budget in experiential marketing, but now they spend 15 to 20 per cent and that shows the progress of the sector,” added Joseph.

     

    Adding entertainment to the awards night will be performers like All India Backchod (AIB), Shaan, Ustaad Rahat Fateh Ali Khan and Shillong Choir.

     

    “The positive side of the event sector will be discussed and portrayed throughout the conclave, and taking India international will be the theme this year,” Joseph summed up.

     

    Interestingly, the international jury for EEMAX Awards includes the likes of Parineeti Chopra, Dia Mirza, Vikas Bahl, Vivek Oberoi, Prasoon Joshi, Neha Dhupia and others.

  • Digital is the next big medium for news telling & selling: Raghav Bahl

    Digital is the next big medium for news telling & selling: Raghav Bahl

    MUMBAI: The media and entertainment sector is one of the most dynamic sectors prone to rapid change. In order to survive, one must simply re-invent and adapt to the landscape. Raghav Bahl is unarguably one such man, who knows how to build himself from scratch, as he moved from the television space to the digital environment.

     

    After selling the Network 18 Group for a tidy sum to Mukesh Ambani owned Reliance Industries, Bahl did not stop there. Through his digital venture The Quint, he has now launched a mobile focussed digital news website. Speaking at an interactive session at the ongoing FICCI Frames 2015, Bahl touched upon the key points as an entrepreneur in the digital domain.

     

    “The smartphone has revolutionised the media ecosystem,” Bahl’s voice booms in the packed auditorium as he begins sharing his thoughts.

     

    Consumer Habits

    Bahl says that consumers today are increasingly looking out for content that is personalised, “I, Me, Mine” as he called it. Consumers are always looking for content that leads to instant gratification as audiences resort to uploading, sharing, finding and following data points on their smartphones. Increasingly, users also want data sans baggage.

     

    Content

    Content in the digital space, according to the media baron, is moving from exclusive and breaking news to news pieces that are re-purposed with stronger in-depth analysis. “Now it’s also about the creation of content versus the packaging of content,” he adds. There is also an emerging section in the digital news media segment called the “Light-Fun-Weird,” which is the new news category where news is narrated far different from the traditional form. People increasingly are also looking out for ‘nearby’ content where local information, news and content is being sought. In the social media space, content is also about discovering news, as people used various platforms like Twitter, Facebook and Instagram. “Close to 1.8 billion photos are uploaded and shared everyday on Instagram, while around 50 billion messages are sent via Whatsapp each day,” Bahl informs.

     

    Impact on the Landscape

    As massive content is bombarded on the cyberspace, Bahl says that “except for community news and large scale entertainment format on the static screen, it will completely change the landscape. Language will now have to become edgier and it will have to become the language of the young because the audience today has a point of view. Quicker, shorter and strong opinions,” Bahl sums up.

     

    Content in the next three years will move more exclusively to hand held devices.

     

    Quint’s Approach to News Telling

    As a digital product, Bahl informs that he doesn’t need to send a reporter on field. Providing an example on how he would approach a plane crash story, he informs that he would prepare “multiple smaller packets” of news than one lengthy story that will not buy the audience’s attention. He would come up with stories like the age of the aircraft, the mindset of the airplane pilot and so on. “I am investing more in the technology than a TV channel network spends on ground reporting,” he stated.

     

    Financing and Costs

    When he started with his news channel CNBC TV18, it drew in a revenue of Rs 2 crore. However, today the channel draws in revenue to the tune of Rs 300 crore. “As audiences come in, buyers will come in too. If the content is receiving traction, advertisers would come in too.”

     

    According to Bahl, three kinds of advertising models will be hot selling properties in the digital domain: 1) Complete programmatic advertising, 2) Native advertising and 3) Display ads. “However, display ads will have to be modified for mobile screens,” he said.

     

    Assessment of Indian media and leaving Network 18

    “I am an optimist and I believe the sheer plurality of the Indian media would ensure cards are not stacked in one direction,” Bahl assessed. He went on to reveal that he was in no way ready to become a paid employee. “Today the Network 18 group is in strong competitive hands. If I was not a majority stakeholder anymore, I would have to re-invent myself,” he said.

     

    Conclusion

    In his concluding remarks, Bahl highlighted a few points. For instance, he said that primetime is dead as audiences today are always connected via their multiple screens to receive content. The very short lifespan of news was taken over by “curated explainers,” who would summarise a story with in-depth analysis. “Journalists today will have to be expert in their field. You cannot cover financial markets or terrorism,” he remarked.

  • Razorfish India appoints Arnab Majumdar as biz development director

    Razorfish India appoints Arnab Majumdar as biz development director

    MUMBAI: Razorfish India is further strengthening its core team and has brought in Arnab Majumdar to head business development. While he will be based in Mumbai, his mandate is to lead business acquisitions and establish new business operations models across its offices in India.

     

    Razorfish India CEO Charulata Ravi Kumar said, “We are constantly seeking highly curious people who have the energy and a razor sharp mind to persistently look for lateral solutions for the clients we partner. When I met Arnab, that’s just what I saw in him. He is able to cut through the many layers and get to the core of a business need. He will be a key member of our Business Transformation Advisory team that partners new clients to set them off on the digital path.”

     

    Majumdar added, “I have admired Razorfish for the vision and ability to drive the next level of digital around the world. The opportunity to lead business growth for Razorfish in India and be part of the team that transforms business for some of the most prestigious brands is fantastic and I am excited to be part of this.”

     

    Razorfish has a 500 strong team of specialized talent across creative, media and technology. The company is further strengthening its team and Majumdar’s appointment is a step towards that direction.

     

    Majumdar, with his experience of over 12+ years in the media industry has experience across print, television and online channels. He has worked with companies like CNBC TV 18 and MTV.

  • Viewers to decide CNBC-TV18’s top business icons

    Viewers to decide CNBC-TV18’s top business icons

    MUMBAI: Choosing an icon is never an easy task especially in a country like India where many have strived and done their bit to make the country proud.

     

    Economic growth being utmost importance; over the last decades, India has witnessed a flurry of business thinkers turn into history makers, reinventing its economic growth. To salute them, CNBC-TV18, which is celebrating its 15 years, has launched an initiative called Indian Business Icons.

     

    The endeavour is to form a league of the most powerful business icons that the people of the country think have had a monumental impact, not only on their lives, but also on the Indian economy.

     

    The channel has unveiled the list of the top 30 business icons, arrived at by a robust editorial process. The list includes leaders such as Ratan Tata, Anand Mahindra, Kishore Biyani, Deep Kalra and Kiran Majumdar Shaw amongst others.

     

    Asked upon how were the icons shortlisted, a channel spokesperson highlighted, “These names were shortlisted after an extensive process of going through leaders who have impacted Indian economy in the past 15 years. An eminent jury was drawn up that consisted of the top editorial faces at CNBC-TV18 such as Shereen Bhan (managing editor) and Senthil Chengalvarayan (editor in chief) amongst others.”

     

    The initiative will let people have the power to vote for their own business icon, someone who has significantly changed lives, in the past decade and a half via missed calls, Facebook, Twitter and website voting.

     

    The final list of the chosen 15 business icons will be selected on the basis of public voting, which will be audited by independent auditor Grant Thornton.

     

    “We wanted the final list of 15 to be as close to the real truth as possible and decided that the final decision should lie with those who matter – the people of India. Each of these great men have not only impacted the economy at large but have also touched the lives of Indians in many ways. CNBC-TV18, for the first time in India, provided a platform for the public to decide, which leader according to them deserved to make the cut,” added the spokesperson.

     

    To highlight these icons, the channel has created especially packaged short films (two to three minutes) on each of the nominations. These short films have been running on the channel for some time now. Each film looks at the key high points of the nominee’s contribution to the Indian economy in the past 15 years, hence, the reason for their nomination. “It allows our viewers to make a rational decision while voting. Apart from this, our top anchors discuss the dynamic voting results almost on a daily basis as it throws up interesting rankings,” added the spokesperson.

     

    Additionally, an extensive on-air as well as off-air (digital, radio, print and social media) promotional campaign has been designed for the same.

  • CNBC-TV18 celebrates the business stalwarts of India

    CNBC-TV18 celebrates the business stalwarts of India

    MUMBAI: “We Will Lead the Way, the Way We Have Led, Triumphs Behind, Triumphs Ahead” was the slogan that resonated at the 10th chapter of the flagship India Business Leaders Awards (IBLA) – Asia’s most renowned awards for Excellence in Leadership hosted by CNBC-TV18, India’s leading business television. The IBLA witnessed some of the biggest and eminent members of the business fraternity and recognize and honour the visionaries who have strived hard to change the face of India Inc and place it on the global pedestal. The 10th IBLA was presided by Hon’ble Finance Minister of India, Shri. Arun Jaitley, and was adjudged by stellar jury of reputed members at the Regal Room at Trident hotel, Mumbai on January 09th, 2015.

    In an aim to celebrate the spirit of leadership and excellence in the business arena of India, the India Business Leader Awards credits individuals and organizations that have symbolized corporate excellence and have taken Indian Business to a new stratum of fame. The ‘India Business Leader Awards’, CNBC-TV18’s flagship awards for leadership in business and the economy, recognized the leaders who ingeniously piloted their organizations in these times of economic turmoil.

    The singular idea for IBLA this year was to honor those poised to champion it. IBLA emphasized on the selection of winners across categories that have showcased men and women who have shown the ability, shared the vision, and have the capacity to rise above the current volatility and see the long term goal of putting India on the world map

    In what would be an interactive and a first of its kind session with Hon’ble Finance Minister Shri. Arun Jaitley aimed to get a glimpse on what could be expected in terms of economic policies and Budget 2015 in the months to come from the the Finance  himself. In response to the type of budget expected this year, Shri. Arun Jaitley said, “A budget is a very important occasion. It should indicate the direction of policies and major announcements should be made every week or fortnight regarding budget decisions in the same direction”. On fixing the fiscal gap, the Finance Minister continued to say that “a higher fiscal deficit is unfavourable to the economy as it hits the credibility of the country to curtail its spending. Also, rating agencies tend to alter their ratings based on this important parameter which, in turn, makes borrowing. Major disinvestment decisions will be taken before the 31st of March 2015”.

    The IBLA jury consisted of distinguished names such as Mr. N. R. Narayana Murthy- Founder – Infosys Limited, Mr. Deepak Parekh – Chairman – HDFC ltd, Mr. D Shivakumar – Chairman and CEO, PepsiCo India Holdings Pvt. Ltd., Mr. Cyril Shroff- Managing Partner of Amarchand & Mangaldas & Suresh A. Shroff & Co., Mr. Harish Manwani- Non Executive Chairman- Hindustan UniLever.

    Speaking about the awards, Anil Uniyal, CEO of CNBC-TV18 and CNBC AWAAZ said, “For years, we have recognized leadership and applauded India’s outstanding leaders with the CNBC-TV18 India Business Leader Awards. And now as we celebrate two very special milestones – 15 years of CNBC-TV18 and 10 years of CNBC-TV18 India Business Leader Awards – the occasion is twice as momentous. With the Hon’ble Finance Minister gracing this edition of the awards, and all key business leaders joining us on the evening of the 9th it was truly a celebration of our success”

    The Young Turk of the Year was Hector Beverages – maker of Paperboat. Co-Founders Neeraj Kakkar and Neeraj Biyani accepted the award on behalf of the organisation. Speaking on the recognition, Neeraj Kakkar said, “We would like to thank IBLA for recognizing our dream and hard work. In our pursuit to walk down the memory lane and bring back childhood memories alive, we have bottled the traditional Indian drink in the form of Paperboat”. Neeraj Biyani who spoke on the growth prospects of Hector Beverages, said, “We believe that we can co-exist with the bigger players while creating our own space in the packaged beverage segment. We would like build on our product portfolio in India which by itself is a huge market while we would want to go global in a few years from now”.

    Google India won the trophy for the Brand of the Year for their famous commercial on reunion. CNBC-TV18 raised an interesting point on Google India’s, decision for an ad that speaks about the past, despite being a company that redefines future. The Vice President and Managing Director of Google India, Rajan Anandan, who summarized the rationale behind the ad said, “The Internet is all about transforming lives and our lives are about the past as much as it is about the future and Google India believes that the internet truly changes these lives. We are touched to see how India and the world reacted to this ad and this award resonates that we are headed in the right direction. I would like to thank our creative partners, Ogilvy India and IBLA for this honour”.

    The most deserved Lifetime Achievement winner, S. Ramadorai, erstwhile CEO and MD of Tata Consultancy Services and Chairman, National Council on skill development, congratulated CNBC-TV18 on completing 15 years in the industry and on the 10th year of Indian Business Leader Awards (IBLA). He thanked the Hon’ble Finance Minister, Shri Arun Jaitley and the respectable jury members on conferring him with the honour and credited the success to the employees of TCS.

    The 10th India Business Leaders Awards once again stood as a truly defining moment for the leaders and the companies that won the award. Every year, the IBLA sets new standards for excellence to become a trend-setter in recognizing and awarding the best in the industry, and this year, it left no stone unturned to celebrate the spirit of excellence in business leadership in India.

    The winners of the India Business Leadership Awards 2015 are listed below:

  • Raghav Bahl launches The Quint

    Raghav Bahl launches The Quint

    MUMBAI: “It’s actually a no brainer. If you have to reinvent, you have to simply start from scratch,” said Raghav Bahl as he introduced the team behind his latest venture- The Quint. 

     

    The man is gearing for his newest venture. After their stint with television, Bahl along with Ritu Kapur has, co founded their digital company called Quintillion Media. The name has been derived from the Quintillion (Kwin-til-yuh-n), which means the numerical one followed by 18 zeroes. 

     

    The company was registered on 23 August, last year, bearing the registration number 270795 with an authorised capital of Rs 130 crore. It invested in a start up called Quintype, based in the San Francisco Bay Area with entrepreneur Amit Rathore as CEO and chief product officer. At Quintype, Bahl is the chief strategist and board member while Kapur is the chief customer looking after the product and also a board member.

     

    In a video released on Facebook, the media mogul is seen introducing Quintillion’s first digital baby, which will be a mobile-first, algorithmic digital hand held news service named www.thequint.com. 

     

    The office is based at Noida’s Film City just a few buildings away from that of Network18.  

     

    Going by Indian tradition, not surprisingly an auspicious ‘pooja’ was performed in November, last year, as the startup is gearing to soar high. The content will be high on visual and imagery and crisper with the text. It will not be limited to news but also cover genres like technology, health among others. The aim of the platform is to ‘be the signal over the noise’. The current logo is that of the alphabet ‘Q’ in white and purple over a canary yellow background. On Facebook, it currently has 579 likes since its launch on 9 January.

     

    Giving his views on social media, Bahl wrote on Facebook, “Social media, especially Google and Facebook, are an independent journalist’s best friends, giving his piece a viral velocity impossible within the linear confines of newspapers and TV”

     

    All in all, it remains to be seen how this reinvention takes form as it gears to take over competitors like Scroll, Buzzfeed and The Huffington Post India.