ITV

Tag: CNBC-TV18

  • CNBC-TV18 to launch ‘The Olympian Effort’ on 30 June

    CNBC-TV18 to launch ‘The Olympian Effort’ on 30 June

    Mumbai: CNBC-TV18 is launching a new six-part series – The Olympian Effort – on 30 June.

    Built around the 2012 London Olympics, the show gives a 360 degree view of the Games. It salutes the spirit of sportsmanship and takes an “in-depth” look at the business of Olympics.

    The series will air every Saturday at 12 noon and 8 pm and every Sunday at 9 pm.

    There will be a special episode on India and the Olympics. It will showcase India’s history and track record at the Olympics, the past winners and their moments of glory. The show will then look at the Indian 2012 contingent, their prospects and the country’s expectations from them.

    As the series progresses, it will dive deeper into the business of Olympics and analyse how Indian businesses and companies with Indian stakes are getting involved and leveraging on the games. The show will capture the expectations of various athletes and contingent sponsors as well as the first time broadcaster of Summer Olympics ‘ESPN Star Sports’.

    A special episode will be anchored out of London itself that will provide a global view of the 2012 London Olympics and its impact on Brand London. Interviews with global sponsors and organisers will provide an insight to their views and expectations from the games. The series will conclude after the closing ceremony which will analyse the 2012 games and brand London from all aspects.

  • Flashback 2011 with CNBC-TV18

    Flashback 2011 with CNBC-TV18

    MUMBAI: Recounting the past year CNBC-TV18 has a line up of shows that highlight the major events that took place in the year 2011.

    From the battle against inflation to the fight against corruption got Anna Hazare to the forefront of national debate and made Jan Lokpal Bill a household name, 2G scams, illegal mining controversies and stalled reforms as ‘policy paralysis’ became another buzzword to the rupee seeing a steep fall against the dollar starting August, the yearender covers wide ranging issues that made the headlines in 2011

    These shows will also review the best that 2011 had to offer in terms of cars and bikes, the best in the field of advertising and on completion of ten years for the channel’s entrepreneurship show Young Turks, the Internet Company of the Year 2011 will be announced.

    CNBC-TV18 head – marketing Saket Saurabh said, “After a challenging 2011, we felt it was appropriate to reflect and introspect on the year gone by, take note of the key learnings and prepare ourselves for the next year. Our programming attempts to capture and distill that understanding for our viewers and enables to make the best business and investing decisions.”

    The special shows include Young Turks Dream Decade, Corporate Diaries, The Year Of The Under Performing Alliance, Managing Markets, Newsmakers 2011, Storyboard Models, Storyboard Special With Santosh Desai, and Overdrive.

  • TV18 posts Q2 net profit of Rs 78 mn from news biz

    TV18 posts Q2 net profit of Rs 78 mn from news biz

    MUMBAI: The news business of TV18 is continuing to show positive momentum. The company has posted a net profit of Rs 78 million for the quarter ended 30 September compared to a net loss (performa basis) of Rs 170 million in the year-ago period.

    TV18 said that the numbers for the previous year and quarters are for IBN18 standalone before implementation of the ‘Scheme of Arrangement’ and hence not comparable.

    The net profit from the news business stood at Rs 230 million for the trailing quarter.

    Operating revenue in Q2 jumped to Rs 1.44 billion from Rs 520 million.Expenditure, however, also doubled to Rs 1.27 billion, as against Rs 590 million that the company incurred in the earlier year.

    TV18’s news business consists of CNBC-TV18, CNBC Awaaz and two IBN18 news channels – CNN IBN and IBN7.

    Operating profit of the company stood at Rs 170 million, compared to an operating loss of Rs 70 million a year ago. This, however, included pre-operative losses of Rs 57 million on account of AETN18.

    TV18 also reported the business news (CNBC TV18 and CNBC Awaaz) and general news (CNN IBN and IBN7) numbers separately.

    In general news, revenue for the fiscal second-quarter stood at Rs 722 million (up from Rs 530 million). However, the company incurred operating loss of Rs 7 million from the segment. TV18 also said that national news operations have achieved break-even and loss is coming from regional news operations.

    In the business news segment, revenue stood at Rs 737 million (from Rs 680 million), while operating profit fell to Rs 163 million, from Rs 210 million a year ago.

    TV18 has a net debt of Rs 6.84 billion as of 30 September.

  • TV18 posts Q1 net profit of Rs 230 mn from news bi

    TV18 posts Q1 net profit of Rs 230 mn from news bi

    MUMBAI: Post restructuring, the news business of TV18 is continuing to show positive momentum. The company has posted a net profit of Rs 230 million for the quarter ended June, compared with a net loss (performa basis) of Rs 190 million in the year-ago period.

    Operating revenue grew 146 per cent to Rs 1.28 billion from Rs 520 million. Expenditure doubled to Rs 1.09 billion, compared with Rs 590 million that the company had incurred in the earlier year.

    Post restructuring, TV18 news business consist of CNBC-TV18, CNBC Awaaz and two IBN18 news channels – CNN IBN and IBN7.

    Meanwhile, operating profit of the company stood at Rs 180 million, compared to operating loss of Rs 70 million a year ago.TV18 said that the numbers for the previous year and quarters are for IBN18 standalone before implementation of the ‘Scheme of Arrangement’ and hence not comparable.

    TV18 also reported the business news (CNBC TV18 and CNBC Awaaz) and general news (CNN IBN and IBN7) numbers separately.

    In general news, revenue for the fiscal first-quarter stood at Rs 620 million, up from Rs 540 million). The company did not report the operating loss from the segment.

    In the business news segment, revenue stood at Rs 680 million (from Rs 640 million), while operating profit stayed flat at Rs 160 million.

    TV18 has a net debt of Rs 6.70 billion.

  • Mint finds new partner in Bloomberg UTV as content marriage with CNBC-TV18 ends

    Mint finds new partner in Bloomberg UTV as content marriage with CNBC-TV18 ends

    MUMBAI: Bloomberg UTV and Mint have entered into a strategic content alliance, indicating that new marriages are taking place between the television and print mediums.

    The new alliance marks the end of English business newspaper Mint‘s content relationship with the leading business television network CNBC-TV18.

    As per the fresh deal, Bloomberg UTV and Mint will share content with each other on a daily basis, and undertake various joint editorial initiatives through the year.

    Bloomberg UTV business head Deepak Lamba clarified that as the partnership with Mint is on exclusive beasis, Mint’s earlier content partnership with CNBC-TV18 stands null and void.

    In March 2009, Mint had entered into a content deal with CNBC-TV18.

    Lamba said that it was natural for both the brands to come together. “It gives us a print medium while Mint gets a television medium to present their stories,” Lamba said.

    Under the new partnership, Mint will produce news and lifestyle related weekly television shows, which will be aired exclusively on Bloomberg UTV.

    Bloomberg UTV will also feature important news and analyses from Mint every day and every issue of Mint will carry relevant news related stories from Bloomberg UTV.

    Said Lamba, “The brand essence of both Mint and Bloomberg UTV have been based on cutting these confusion multipliers and getting straight to the information – clear and usable.”

    Mint positions its brand as ‘Refreshing Clarity in Business‘, while Bloomberg UTV had last year changed its look to make it ‘Blunt. And Sharp‘.
            
      Mint editor R Sukumar said, “At Mint, we have always focused on delivering clarity in business news to our readers. Our partnership with Bloomberg UTV will further enhance our offering, and give us an additional platform to showcase our content.”

    Bloomberg UTV editor Vivek Law added, “This partnership will bring together the best minds in Indian business journalism, and we look forward to delivering compelling content that will serve the needs of country’s top decision-makers.”

    However, this partnership will have no bearing on Mint’s existing association with The Wall Street Journal and Bloomberg UTV’s partnership with Bloomberg.
     
     

  • TV18 standalone Q3 net profit at Rs 120 mn

    TV18 standalone Q3 net profit at Rs 120 mn

    MUMBAI: Television18, the company that houses business news channels CNBC-TV18 and CNBC Awaaz, has posted a better third-quarter result due to an upswing in revenues.

    For the three months ended December, TV18 has posted a standalone net profit (after tax and minority interest, before ESOP charge out) of Rs 120 million compared to a net loss of Rs 150 million in the previous year quarter. The company had posted a net profit of Rs 90 million in the trailing quarter.

    Revenue from news operations at Rs 790 million stands 17.91 per cent higher than the year-ago period. For the trailing quarter, TV18‘s standalone revenue was at Rs 680 million.

    Operating expenses for the quarter stood at Rs 560 million (from Rs 510 million a year ago). However, it is much higher than the trailing quarter, which was at Rs 470 million.

    Meanwhile, TV18 improved its operating margins to 29 per cent from prior year’s 25 per cent.  
         
      On a consolidated basis, TV18, which also includes financials of Web18,
    Infomedia18 and Newswire18, has posted a net profit (after tax and minority interest, before ESOP charge out) of Rs 80 million. For the same quarter of the previous year, the net loss stood at Rs 400 million.

    Revenue from consolidated operations went up to Rs 1.47 billion as compared to Rs 1.29 billion a year ago. Expenses stood at Rs 1.27 billion, from Rs 1.20 billion in the earlier year.

    Meanwhile, Web18, the subsidiary that houses all the websites of the group, has seen operational breakeven in the quarter under review. The revenue from operations grew to Rs 220 million, while expenses also remained at 220 million.

    In Infomedia18, the net loss for the quarter stood at Rs 70 million, down from Rs 90 million in the corresponding quarter of previous fiscal.

    Revenue jumped to Rs 360 million (from Rs 330 million), while expenses stood at Rs 410 million, from Rs 380 million a year ago.

    In Newswire18, revenue rose to Rs 100 million, from Rs 80 million a year ago. The company did not disclose net profit (or loss) of the segment. The expenses were at Rs 90 million while operating profit was at Rs 20 million.
     

  • Vivek Law to join Bloomberg UTV as editor

    Vivek Law to join Bloomberg UTV as editor

    MUMBAI: Bloomberg UTV has appointed CNBC-TV18 national editor Vivek Law as its editor.

    Law has resigned at CNBC-TV18 and will be joining Bloomberg UTV from 1 November.

    “Law is joining us as editor from 1 November,” Bloomberg UTV CEO MK Anand confirmed to Indiantelevision.com.

    Bloomberg UTV Editor-in-Chief Govindraj Ethiraj had earlier moved out to join Nandan Nilekani in the Unique Identification Authority of India (UIDAI) project being undertaken by the Government of India.  
    Law comes with over 15 years of experience in journalism and has worked with India Today, Economic Times, Business Standard and The Financial Express.

  • TV18 Q2 standalone net at Rs 90 mn, revenue up 5%

    TV18 Q2 standalone net at Rs 90 mn, revenue up 5%

    MUMBAI: Television18, which runs leading business news channels CNBC-TV18 and CNBC Awaaz, has managed a second consecutive profitable quarter, signaling a rebound in the economy.

    On a standalone basis, TV18 has posted a net profit (after tax and minority interest, before ESOP charge out) of Rs 60 million for the quarter ended 30 September, as compared to a net loss of Rs 330 million a year ago.

    Recovering from the slow down, revenue from news operations saw a marginal 4.6 per cent increase to Rs 680 million, as against Rs 650 million in the corresponding quarter of FY‘10.

    On a sequential basis, the company’s revenue has increased 6.25 per cent as compared to Rs 640 million in Q1.

    Operating expenses were kept under check (down 19 per cent) at Rs 470 million in the quarter under review on Y-o-Y basis (as compared to Rs 580 million).

    Meanwhile, the operating margin of the company jumped to 31 per cent in the quarter under review, compared to 11 per cent in the prior-year period. 
    On a consolidated basis, TV18, which also includes financials of Web18, Infomedia18 and Newswire18, has posted a net loss of Rs 140 million. For the same quarter of the previous year, net loss stood at Rs 560 million.

    Total revenue from consolidated operations jumped 17 per cent to Rs 1.45 billion, as compared to Rs 1.24 billion a year ago. Expenses stood at Rs 1.33 billion, up 3.11 per cent.

    The company announced that all its business have seen revenue growth – five per cent in News Operations, 21 per cent in Web18, 24 per cent in Newswire18 and 35 per cent in Infomedia18.

    The company has also posted an operating profit of Rs 120 million, as against operatin loss of Rs 50 million. However, it said that profits “offset by continued investments” in Infomedia18 and Web18.

    Web18, the subsidiary that houses all the websites of the group, posted a revenue of Rs 190 million (from Rs 160 million a year ago), while expenses remained almost flat at Rs 200 million (from Rs 210 million) during the quarter. The operating loss narrowed to Rs 10 million, from Rs 50 million in the year-ago period.

    In Infomedia18, however, the net loss has increased to Rs 160 million, from Rs 40 million in the corresponding quarter of FY ’10. Revenue has increased to Rs 480 million, from Rs 350 million, while expenses climbed to Rs 570 million from Rs 420 million a year ago.

    In Newswire18, revenue has grown to Rs 100 million, while expenses also stood at Rs 100 million, making it a no profit-no loss unit.

  • Anil Uniyal is CNBC-TV18 and Awaaz CEO

    Anil Uniyal is CNBC-TV18 and Awaaz CEO

     NEW DELHI: Network18 will have a chief executive officer for its two business news channels, CNBC-TV18 and CNBC Awaaz, as it prepares for its next phase of growth in a marketplace that is crowded with new entrants.

    The company has elevated Anil Uniyal to the newly created post. He will be responsible for the strategic, financial and operational management of the channels and will report into Network18 Group COO B Saikumar.  
         
      Earlier, as Network18 Media COO and TV18 Media Operation business head, Uniyal was leading the commercial arm of the Group, with responsibilities for driving the topline for the CNBC channels and Forbes India.

    As part of the restructuring, the company recently moved Ajay Chacko, who was playing a critical role in looking after CNBC-TV18, CNBC Awaaz and Forbes India, to its new joint venture company AETN18 as its president.

    On Uniyal’s promotion, Saikumar said, “Anil has been one of the key executives involved in the growth of Network18‘s business news channels – CNBC-TV18 and CNBC Awaaz since their respective launches. He is now expected to steer the channels into a whole new phase of leadership and profitability and I am sure that he will be equal to this challenge.”

    Added Uniyal, “I believe that, as in the last decade, CNBC-TV18 and CNBC Awaaz will lead a new phase of innovation and growth in the business news space and I look forward to working with the channel editorial and business teams to further strengthen our market “

    Uniyal has over a decade of experience in sales and strategy and has been with Network18 since 2001. He has played a leadership role in building different revenue verticals for Network18 – from inventory sales to setting up the customised solutions business for the CNBC channels and other business brands in the Group.

    He began his career as an entrepreneur, running a media services and consulting enterprise.

  • CNBC-TV18 launches new campus series ‘Lessons in leadership’

    CNBC-TV18 launches new campus series ‘Lessons in leadership’

    MUMBAI: CNBC TV18 is launching a new youth initiative, ‘Lessons in Leadership’ that will provide young minds and future business leaders an opportunity to meet with the legends of the India Inc.

    The programme, which will travel to the country’s best campuses starting with IIT Mumbai, will see business leaders sharing views and experiences from their stellar business careers on a variety of subjects including leadership, teamwork, career growth and work-life balance.

    CNBC-TV18 head marketing Saket Saurabh said, “As a channel, we have always been focused on engaging with the youth and future business leaders of the country through a variety of properties and events and this is another key initiative in this regard. This series has a unique proposition because while it will be a significant learning event for the students, it shall not be an academic one. The focus is on sharing insights about leadership which are best gained through experience and hold good for a lifetime of business success.”

    The first event of the series, which the channel will air on Saturday at 3.30 pm, will see Tata Sons executive director R Gopalkrishnan and Mphasis former CEO Jerry Rao visiting the IIT Bombay campus to interact with the students.

    Citing his view on leadership Gopalakrishnan said, “Leadership is completely self taught and not inborn. What schools and colleges teach are lessons on things that can be taught which will help one get a job, but what will help progress in the job are lessons that cannot be taught. IQ gets you a job and EQ keeps you progressing in your job.”

    Rao who is executive chairman of value and budget housing corporation added, “There is nothing magical or genetic about leadership, it is clearly a learning skill. Leadership is very situational. A leader in one situation is not necessarily a leader in another situation.” He also added that “Leadership is something that followers confirm. Followers collectively create an aura and charisma for the leader.”