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  • YES BANK and CNBC-TV18 partner for ‘The Growth Summit’ Ahmedabad edition

    YES BANK and CNBC-TV18 partner for ‘The Growth Summit’ Ahmedabad edition

    Mumbai: The second edition of YES BANK and CNBC-TV18’s – The Growth Summit: A vision to a $10 trillion economy, in association with Max Life Insurance, was held in Ahmedabad, Gujarat. The event convened policymakers, industry leaders, startup founders, innovators, and academic experts to deliberate on crucial factors essential for India’s economic progress. Central to the Summit’s discussions was the government’s ambitious 25-year plan aimed at positioning India as the world’s third-largest economy with a GDP of $10 trillion.

    In his opening remarks at the Summit, YES BANK MD & CEO Prashant Kumar said, “Gujarat emerges as the cornerstone of India’s economic ascent, contributing a staggering 33% to the nation’s exports in FY 2022-23. With ambitions to reach a $1 trillion economy by 2030, Gujarat’s leadership extends beyond traditional sectors, fostering a thriving ecosystem for innovation and infrastructure development. As the world’s largest diamond hub in Surat and the birthplace of India’s first operational greenfield Smart City, Gujarat positions itself as the beacon of opportunity. The state is poised to absorb the influx of businesses seeking alternatives to China, catalysing India’s journey towards economic supremacy.”

    During his address, Kumar announced the launch of ‘Yes Private’ in Ahmedabad, which is the Bank’s newest market offering that aims to partner HNI Business owners and C-Suite executives in their endeavour to leverage the opportunities on the road towards a $10 trillion Indian economy.

    He added, “Yes Private has been thoughtfully curated to complement the retail and wholesale banking offerings in the market. It integrates the Bank’s expertise across the spectrum and brings a full-stack product suite for HNIs across family banking, business banking, wealth management and succession planning needs. The programme also lays out extraordinary privileges and experiences for clients pertaining to their distinct lifestyles in India and abroad.”

    The event kicked off with a thought-provoking discussion on ‘Strengthening Indian Business from Within’ in conversation with Rasna chairman & MD Piruz Khambatta. He stated “India’s growth narrative must encompass more than just development; it must address the challenges faced by its youth, including migration due to inadequate resources like clean water and air. India’s trajectory of growth, akin to that of South Korea, Germany, Japan, and China, is undeniable, yet we must define our unique growth model. As we navigate through discussions, let’s advocate for an inclusive ‘India model’ of growth that acknowledges both its benefits and challenges, fostering sustainable progress for generations to come.”

    Subsequently, panel discussion on the topic ‘From India to the World: Unleashing A New Era of Global Ambitions’ with Ashish Soparkar (MD, Meghmani Organics), Dr Vishal Rajgarhia (director, Finecure Pharmaceuticals Ltd) Rajiv Gandhi (MD & CEO, Hester Biosciences) Chirag Pan (MD & CEO, Pan Healthcare) and Behram Mehta (founder & MD, Aava Natural Mineral water) captivated the audience at the summit.

    The event progressed with an engaging conversation on ‘India’s Role as A Global Hub of Growth’ featuring AMUL (GCMMF) MD Jayen Mehta, where he said, “Agriculture is the base of our economy. However, in terms of numbers, still agriculture contribution is less than 20%. Hence, we need to support agriculture and farmers, while also working on doubling their income which is also the professor policy of the government. These efforts will help in supporting the number of people associated with agriculture which is more than 60-70 per cent of the population. The country still depends on agriculture as part of its primary income. So this is where a combination of policies that are pro farmer, pro-development and pro-market is the way forward for our country. So if you can build a bridge and if only 20% of us convert our regular food into organic food, the GDP from agriculture will rise. These are very, very small and objective steps one has to take and organisations like ours are working towards the same using the cooperative model and building the country.”

    In a special address, Max Life Insurance MD & CEO Prashant Tripathy added, “As India makes significant strides towards its ambitious goal of becoming a 10 trillion-dollar economy by 2030-31, there’s a growing need for India Inc. to partner with the government and democratize the benefits of this growth. It’s imperative that we ensure the advantages of our economic progress reach every segment of the society. There’s a strong call for players in the life insurance industry to align their strategies with IRDAI’s vision of ‘Insurance for All by 2047’- which calls for inclusive insurance coverage for India at large. Further, innovation and customisation must guide our product offerings to cater to the diverse and distinct needs of modern consumers, while distribution channels need to evolve to deliver convenience at every touchpoint, be it digital or otherwise. As we move forward, cross-functional collaboration supported by collective action will serve as the cornerstone for fostering inclusive growth, contributing to the shared prosperity of our nation.”

    The evening continued with an engaging panel discussion ‘Scaling the Global Value Chain’, with insights from industry experts Vineet Mittal (director, Navitas Green Solutions) Dr Viranchi Shah (national president, IDMA and director, Saga Laboratories) Aditi Gupta (managing partner, Menstrupedia) Sandeep Mittal (MD, Corrtech Energy Ltd) and Ravi Bhamidipaty (MD, TCT Ventures). They shared valuable insights on navigating global markets, contributing to an enriching discussion for the audience.

    Taking the evening towards its end a thought-provoking session conducted by leading neuroscientist & NeuroLeap founder Kumaar Bagrodia on ‘The Neuroscience of Investing’ was held.

    Concluding the summit was the final enticing conversation between CNBC-TV18 anchor Shruti Mishra and Indian cricketer Mohammed Shami. Talking about his journey, Shami said, “If your hard work and luck are in your favour, then I don’t think anybody can stop you. You just have to stay loyal to your game and keep working hard. I believe nobody can take away my luck from me. My family has been incredibly supportive and has played an integral role in my journey.”

    The Ahmedabad edition of ‘The Growth Summit – vision for a $10 trillion economy’ underscored India’s trajectory towards economic prosperity, as industry leaders and experts converged to chart a path towards a $10 trillion economy. With diverse voices and ideas from different industries of Gujarat, the summit left an indelible mark on the audience and shared a unique vision for India’s journey towards achieving its ambitious economic goals. The upcoming Summits are to be held in Bangalore, Delhi and Hyderabad in the weeks to come.  

    For more information visit: https://www.cnbctv18.com/ms/thegrowthsummit/

  • CNBC-TV18 launches Future. Female. Forward Season 2 in New Delhi!

    CNBC-TV18 launches Future. Female. Forward Season 2 in New Delhi!

    Mumbai: CNBC-TV18 proudly announced the successful launch of HSBC presents CNBC-TV18’s Future. Female. Forward – The Women’s Collective Season 2, an impactful initiative aimed at fostering gender parity and inclusivity within the workforce and beyond. The inaugural event, held on 10 February 2024, at The Imperial Lawns in New Delhi delivered meaningful insights and highlighted the importance of gender equality and equity in driving innovation and sustainable growth.

    The evening started with a spectacular musical performance by The Delhi Police’s All-Women Band, featuring 85 talented female officers. Setting the tone for the evening in her welcome address,CNBC-TV18 managing editor  Shereen Bhan said, “Our campaign aims to spark genuine discussions on women’s economic empowerment and their role in the economy. We’ve successfully brought this conversation nationwide through ‘Future. Female. Forward – The Women’s Collective’ and globally at the World Economic Forum in Davos in 2023 and 2024. We also aimed to promote gender balance in organisations by compiling best practices and actionable solutions from diverse leaders over the past year.”

    Emphasising on the topic ‘Interaction on Championing Gender Inclusion’, HSBC India CEO Hitendra Dave said, “We are honoured to have partnered with CNBC-TV18 on a cause that has ignited conversations, both within HSBC and on broader platforms. Our commitment to fostering equality of opportunity, including gender parity, is paramount. Through transparent practices such as disclosing pay by gender and implementing fair recruitment, promotion, and evaluation processes, we are fostering open dialogue and tangible change. We recognize the importance of diversity not only as a social imperative but also as a strategic advantage, enabling us to better serve our diverse customer base”. He added, “Achieving 100% equality of opportunity is our ultimate goal, ensuring that biases are eliminated and all individuals are given fair consideration in every aspect of our operations”. Followed by the same, the evening witnessed the unveiling of the unique Future. Female. Forward Sustainable-First Logo.

    A special discussion on the topic of ‘India’s Alliance for Global Good’ featuring minister of women & child development Smriti Irani, in conversation with Shereen Bhan, saw the minister stating, “Today women stand shoulder-to-shoulder with men in every field. Currently, 30 crores of Mudra loans are availed exclusively by women. During the COVID-19 pandemic, 80% of the workforce producing PPE suits comprised women, showcasing their resilience and dedication. Additionally, 6 million frontline workers, predominantly women, tirelessly provided door-to-door medical services. This paradigm shift reflects India’s commitment to its promises. As a nation, we serve as a unifying force and can bridge divides in a fragmented world. India also spearheaded discussions on gender parity within the G20, leading to the establishment of a dedicated working group. We are optimistic that India’s commitment to global welfare will translate into meaningful action”.

    In an insightful fireside chat with Shereen Bhan, Franklin Templeton Investments CEO  Jenny Johnson said, “I was reminded of something that my daughter once said. I asked a question to my 5 kids, whether they want to join me in this business or not and one of my daughters refused and said, no mom I would rather do something that helps people. It was an enlightening moment for me because I realised we need to describe this business in a different way. Though we help people with important goals in their life all the time, we didn’t describe it that way. Once we start communicating in a way that resonates with women, then we will attract more women to it.”

    The evening unfolded by facilitating and celebrating some of the most inspiring women achievers. Actor Gul Panag, Captain Shivani Kulkarni, Pilot, Harshini Kanhekar, India’s first female firefighter, and Brave Souls founder and director Shaheen Malik, were felicitated as the unstoppable icons of Future. Female. Forward – The Women’s Collective. While, Col Bindu Nair of the Indian Army, Ravneet Kaur, chairperson of the Competition Commission of India, lieutenant commander Prerana Deosthalee, of Indian Navy, Suman Nalva, DSP, PRO, Delhi Police and Ajaita Shah, founder and CEO of Frontier Markets were felicitated as inspiring women achievers. Furthermore, Annapurni Subramaniam, director of the Indian Institute of Astrophysics, Upasna Taku, co-founder and COO of MobiKwik, Neha Kirpal, social entrepreneur, Arati Devi, India’s youngest elected sarpanch from Dhunkapada Gram Panchayat in Ganjam district, Odisha and Nigar Shaji Indian Aerospace Engineer, ISRO were recognised as women pioneers.

    Lieutenant commander Prerana Deosthalee from the Indian Navy said, “I am thankful to the Navy for entrusting me with the command of a Naval warship. It reflects their belief in my capabilities, and I am grateful for that. This achievement reaffirms the importance of believing in oneself, and I am pleased that my perseverance through life’s ups and downs has paid off. I am genuinely happy and proud.”

    India’s first female firefighter Harshini Kanhekar expressed, “Unfortunately, my attempts to join the Indian Air Force and subsequently the Indian Army were unsuccessful. Despite these setbacks, I remained resilient and pursued other avenues. A friend suggested I explore the National Fire Service College to fulfill my desire to wear a uniform. Unaware that the college had no female students, I applied, nonetheless. Upon visiting the college with my father, an individual remarked that ‘this college is not made for you, please go somewhere else’. However, determined to prove them wrong, I successfully passed the entrance exam and enrolled as the sole female student among a cohort of 2000 men.”

    The evening featured an engaging fireside chat with Franklin Templeton president & CEO Jenny Johnson, moderated by Shereen Bhan, where she discussed her career, journey, and her transition to becoming a CEO. Following that, Competition Commission of India (CCI) chairperson Ravneet Kaur, delivered a TED-style talk.

    Roshni Nadar Malhotra, Chairperson of HCLTech said, “I believe that as we strive for inclusivity across genders, especially by enhancing female representation in the future, it’s vital to evaluate how our initiatives actively contribute to a cultural transformation within our organization and institution. This shift is pivotal in preparing us to embrace diversity more effectively, which positively impacts every aspect of our endeavours.”

    Additionally, Amitabh Kant, former CEO of NITI Aayog, talking about the event said, “I find it remarkable that women in India have increasingly taken active roles in various government initiatives, including housing, Mudra loans, and the digital movement. India’s prioritisation of women’s development as a key agenda at the G20 summit represents a significant milestone for the nation.”

    This was followed by the third and final session with the leaders on “Bridging the Gender Gap: Strategies for Equality & Inclusion”. The panellists for the same were Ravi Kumar, CEO of Cognizant; Anil Chadha, divisional chief executive of ITC Hotels; Hitendra Dave, CEO of HSBC India; Kami Viswanathan, Sr VP – Middle East Indian Subcontinent and Africa Operations FedEx; Herve Delphin, EU ambassador of India.

    Talking about Gender Parity at work FedEx president – Middle East, Indian Subcontinent and Africa Kami Viswanathan said “It is essential to offer mentorship and sponsorship to facilitate women’s progression into senior leadership positions. Both male and female leaders need to actively support and invest in the potential of women. Our initiatives prioritize mentorship and hands-on experiences to elevate the representation of women in senior management roles. Moreover, featuring senior female leaders as role models illustrates to our teams that such accomplishments are achievable. These efforts reflect our continuous commitment to advancing gender diversity and equality.”

    Adding to that ITC Hotels divisional chief executive Anil Chadha said, “At ITC, diversity, equity, and inclusion are paramount priorities, underscored by robust policies implemented across all divisions, each dedicated to significant efforts in advancing these areas.”

    Moving forward, Ghazal Alagh, co-founder, Honasa Consumer Pvt Ltd; Hepzibha Pathak, global brand director at Ogilvy & Mather, Anju Srivastava, founder of Wingreens, and Harmilan Bains, Athlete were also felicitated at the event for their inspiring contributions. The evening wrapped up with an enthralling closing performance by Vanika Sangtani, storyteller & poet, reinforcing the campaign’s purpose and entailing the life story and journey of a woman, in a beautiful and poetic manner.

    Future. Female. Forward – The Women’s Collective is presented by HSBC India, with HCLTech, ITC and FedEx also supporting the initiative as partners.

  • YES BANK and CNBC-TV18 join forces to chart India’s $10 Trillion economy path at ‘The Growth Summit’ in association with Max Life Insurance

    YES BANK and CNBC-TV18 join forces to chart India’s $10 Trillion economy path at ‘The Growth Summit’ in association with Max Life Insurance

    Mumbai: YES BANK, one of India’s leading private sector banks, in collaboration with CNBC-TV18 and Max Life Insurance, recently organised ‘The Growth Summit – Envisioning a $10 trillion Economy. The launch event was held in Mumbai on Thursday, the summit brought together policymakers, industry stalwarts, startup visionaries, and academic luminaries to deliberate on critical aspects pivotal to India’s economic advancement. Central to the discussions was the government’s ambitious 25-year roadmap aimed at positioning India as the world’s third-largest economy, with a targeted GDP of $10 trillion.

    In the opening remarks, YES BANK CEO & managing director Prashant Kumar said, “This is a first-of-its-kind initiative presented by YES BANK, along with CNBC-TV18. This summit is aimed at envisioning India’s path to self-reliance and economic prosperity. Bringing together business leaders, policymakers, experts and visionaries to explore how the key factorial strength and latest business trends can be leveraged to accelerate our nation’s economic progress towards a $10 trillion economy. Transferring India from a services-dominated economy to one that is powering growth on the back of its domestic manufacturing. The Indian government has outlined its long-term strategic focus aligned with the prime minister’s vision of a strong and developed India in the nation’s 100 years of Independence. I would like to thank everyone for being part of this journey of achieving a $10 trillion economy roadmap.”

    During his address, Kumar announced the launch of ‘Yes Private’, the bank’s newest market offering that aims to partner HNI Business owners and C-Suite executives in their endeavor to leverage the opportunities on the road towards a $10 trillion Indian economy.

    He added, “Yes Private has been thoughtfully curated to complement the retail and wholesale banking offerings in the market. It integrates the Bank’s expertise across the spectrum and brings a full-stack product suite for HNIs across Family Banking, Business Banking, Wealth Management and Succession Planning needs. The program also lays out extraordinary privileges and experiences for clients pertaining to their distinct lifestyles in India and abroad.”

    In an engaging fireside chat on ‘Getting India Ready For Business’ featuring Salesforce India CEO & chairperson Arundhati Bhattacharya said, “Boosting social infrastructure through smart investments is key to moving forward, as shown by the various government’s schemes. They aim to lift up the most vulnerable groups – like the poor, women, students, and farmers – who make up a big part of our population. Without achieving parity in productivity between women and men, the goal of attaining a $10 trillion economy by 2030 will remain elusive. Farmers haven’t reached their full potential yet. Our youth, who is the strength of our country, needs support. India will always be a basket of talent.”

    The day progressed with a thought-provoking panel discussion on ‘Kickstarting Private Investment: Risks, Rewards & Requirements’, where panellists Avaada Group chairperson Vineet Mittal, and Blue Star MD B Thiagarajan exchanged insights. Subsequently, a candid conversation with Indian Tennis Player & Grand Slam Champion/World No.1 Rohan Bopanna captivated the audience.

    The evening continued with an engaging fireside chat, exploring the themes of ‘Opportunity Meets Optimism: Making The Most of India’s Moment.’ Persistent Systems CEO & founder Anand Deshpande, shared valuable insights, stating, “It is very clear that India will get to a $10 trillion economy mark and I am very excited about that. In addition to engineering and other investments that we are looking at, we need to focus on some level of research and the higher end of the food chain in some sense. While we do this, we need to focus on entrepreneurship, especially at the grassroots level and their communication of education and entrepreneurship would be the two things that I would focus on. I believe that we need to move towards a world where there is continuous learning and the facilities of practical knowledge at educational institutions. India has the potential to be the leader, we have the largest number of people who know how to use AI and other software.”  

    The event transitioned seamlessly into another fireside chat featuring Tata Power CEO & MD Praveer Sinha, discussing ‘Investing Today in Tomorrow’s Growth.’  While giving insights into India’s energy transformation, Sinha said, “The power sector has undergone significant transformation over the past two decades. We’ve witnessed a doubling of capacity every decade: from 100 gigawatts in 2000 to 200 gigawatts in 2010, and currently exceeding 430 gigawatts. Ensuring affordable electricity access for all consumer categories remains crucial.”

    The concluding panel discussion titled ‘Shaping A New Growth Mindset Through Innovation & Ideas,’ highlighted luminaries such as Decimal CEO Shailesh Dhuri; SolarSquare Energy director Neeraj Jain, Intermed Laboratories director Riddhi Jhaveri, Lizmontagens India MD Sanjeev Prabhu. It was followed by The ‘Masterclass on Brain Mapping’ by NeuroLeap founder Kumaar Bagrodia.

    The closing note was delivered by Max Life Pension Fund Management CEO Ranbheer Singh Dhariwal concluding the summit on a high note.

  • CNBC-TV18’s unveils 2nd season of ‘Future. Female. Forward’

    CNBC-TV18’s unveils 2nd season of ‘Future. Female. Forward’

    Mumbai: CNBC-TV18, India’s No. 1 English business news channel, is excited to announce the second edition of CNBC-TV18’s Future. Female. Forward – The Women’s Collective presented by HSBC India. The season will kick-off with a dynamic launch event on 10th February 2024, in New Delhi, resonating with CNBC-TV18’s commitment towards celebrating female power and promote gender diversity and inclusivity in the business landscape.

    The inaugural season of this initiative garnered appreciation and participation from India’s top policymakers, business leaders, entrepreneurs, and opinion leaders alike. Season 2 promises to take cause further to its goal through this integrated campaign consisting of sustained events, content, conversations, engagements, and partnerships. The mission is clear – Equitable Gain. Equal Participation. Infinite Growth.

    The event will see a powerful leadership panel, inspiring fireside chats & keynotes, along with honouring remarkable achievers, called “The FFF ICONS”, who have shattered the glass ceiling and inspired millions across the nation. Notable names that will be present at the launch event include Smriti Irani, Minister of Women & Child Development of India; Amitabh Kant; Former CEO of NITI Aayog; Roshni Nadar, Chairperson of HCLTech; Hitendra Dave, CEO, HSBC India; Ravi Kumar, CEO, Cognizant; Meera Shankar, Former Indian Ambassador to USA, Herve Delphin, EU Ambassador to India; Ravneet Kaur, Chairperson of the Competition Commission of India; Naina Lal Kidwai, Former President, FICCI; Commander Prerna Deosthalee from the Indian Navy; Col. Bindu Nair from the Indian Army, Tamil Nadu; Dr Annapurni Subramaniam, Director of the Indian Institute of Astrophysics; Nigar Shaji, Scientist at UR Rao Satellite Centre; Suman Nalwa, DCP & PRO, Delhi Police; Anil Chadha, Divisional Chief Executive, ITC Hotels; Kami Viswanathan, President – Middle East, Indian Subcontinent and Africa, FedEx; Ghazal Alagh, Co-Founder, Honasa Consumer; Upasana Taku, Co-Founder of Mobikwik; Rani Rampal, Member, Indian Hockey Team & Coach; Hephzibah Pathak, Global Brand Director, Ogilvy & Mather among others.

    The evening will commence with a spectacular musical performance by the Delhi Police’ award winning all-women band, who the caught the nation’s eye by their fantastic performance and display at this year’s Repulic Day parade. Shereen Bhan, Managing Editor, CNBC-TV18 will be doing the opening note for the event, followed by an inspiring keynote address by Smriti Irani, Minister of Women and Child Development of India, where she would deep dive into India’s alliance for global good and advancing gender equity & equality. The logo for Season 2 will be unveiled in a unique and grand fashion, showcased through a custom-made live plant version of the Future. Female. Forward. logo, symbolizing how this crucial movement is alive and thriving across the country.

    The launch event will also see an insightful Fireside chats on crucial topics such as ‘Fostering Parity in the New World Order’, with Jenny Johnson, President & CEO, Franklin Templeton, and on “Championing Gender Inclusion” with Hitendra Dave, CEO, HSBC India, in conversation with Shereen Bhan.  The Leaders’ panel on ‘Bridging the Gender Gap: Strategies for Equality & Inclusion’ will see Hitendra Dave, CEO, HSBC India; Ravi Kumar, CEO, Cognizant; Kami Vishwanathan, President – Middle East, Indian Subcontinent & Africa, FedEx and Anil Chadha, Divisional Chief Executive, ITC and Hervé Delphin, EU Ambassador to India share their insights and ideas on the topic.

    CNBC-TV18 managing editor Shereen Bhan said, “CNBC-TV18 has been the leader in fostering & advancing conversations on gender parity, empowering female entrepreneurs and providing a playbook on creating an equal-opportunities workplace. With the second edition of Future. Female. Forward, our goal is to continue to showcase a diverse pool of women achievers and engage with leaders on the measures needed to create a more balanced & inclusive workplace. With Season 2, we aim to ignite conversations that lead to concrete actions for a more equitable future. We also plan to recognize and applaud the accomplishments of exceptional champions, the FFF Icons, who have broken barriers and stereotypes, and have inspired millions of women across the country to follow their dreams. “

    HSBC India CEO Hitendra Dave emphasised, “Diversity and gender parity are vital for longevity, quality and business growth. At HSBC, we believe embracing inclusivity isn’t just about compliance, it’s about creating a culture where all individuals are valued and empowered. With supportive policies, inclusive workplace cultures, societal awareness and overcoming personal biases, we can wholeheartedly embrace gender parity and foster innovation. By prioritizing diversity, companies can tap into a wealth of perspectives and experiences, driving innovation and success in today’s dynamic marketplace. We are delighted to partner with CNBC-TV18 to play the role of a Catalyst to make gender parity a reality for the larger community.”

    Network18 CEO- Business News Smriti Mehra, said, “The second edition of Future. Female. Forward Season 2 plans to explore solutions to create a gender-equitable workforce for women, sparking conversations that bring diverse perspectives and value to every individual. This season is all about taking inspiration and turning it into action, as it is our endeavour to make the world a more inclusive space for all. It’s not just a continuation but a big step forward, a sign for all of us working together to create a world where everyone, regardless of gender, has an equal and fair chance. We would like to thank our partners HSBC India, HCLTech, ITC and FedEx for associating with us on this meaningful initiative.”

  • Get ready for the Budget Ballot: Vote for Growth” with CNBC-TV18

    Get ready for the Budget Ballot: Vote for Growth” with CNBC-TV18

    Mumbai : CNBC-TV18, English business news channel, kickstarted its exclusive Budget programming with ‘The Budget Ballot – #MyBudgetWishlist’ campaign initiative that captured the nation’s pulse and gave voice to the citizens’ expectations leading up to the interim Budget 2024.

    With over 2500 entries received through the website and multiple on-ground touchpoints in Mumbai and Delhi, the campaign emerged as a significant channel for the nation to articulate its hopes and expectations from the Union Budget and the finance minister, especially as a run up to the upcoming general elections.

    This engaging initiative complemented the dynamic CNBC-TV18 programming lineup dedicated to offering in-depth insights and expert analysis in the run-up to the Budget as well as decoding the implications of the announcement for the audience.

    The pre-budget comprehensively addresses various facets of the Budget, featuring well-researched information and cutting-edge analysis led by CNBC-TV18’s esteemed guest Editors such as Dr K.V. Subramanian, executive director, international monetary fund and former CEA; N.K. Singh (15 Finance Commission); Sajjid Chinoy (JP Morgan); Dinesh Kanabar (Dhruva Advisors). In the ‘Budget Market Masters,’ market veterans like Raamdeo Agrawal (Motilal Oswal Financial Services); Nilesh Shah, (Kotak Mahindra AMC); S Naren (ICICI Prudential AMC); Prashant Khemka (White Oak Capital); and Ashok Wadhwa (Ambit) discuss expectations of the markets and anticipated movements because of the Budget announcement.

    The comprehensive and well-rounded Budget Day reportage will include shows such as the “The FII View” where the viewers gain a perspective on foreign investments in India, featuring R innobert Sockin (CITI) and Arvind Sanger (Geosphere Capital) sharing their expertise.

    Featuring the biggest voices from India Inc., leaders such as Dinesh Khara (SBI), Sanjiv Bajaj (Bajaj Finserv), Sanjiv Puri (ITC), Sunil Vachani (Dixon Technologies), Suneeta Reddy (Apollo Hospitals) will share their opinions & analysis of the Budget 2024 announcement. Through ‘Mapping the Macros’, experts such as Sajjid Chinoy (JP Morgan), Jahangir Aziz (JP Morgan), and Samiran Chakraborty (CITI India) will explain the macroeconomic landscape and in ‘The Tax Tangle’, Dinesh Kanabar (Dhruva Advisors), Rajiv Memani (EY) and Sudhir Kapadia (EY) will help decode taxation complexities.

    CNBC-TV18, managing editor Shereen Bhan said,’ ‘The CNBC-TV18 Budget Ballot campaign is a powerful forum for voicing our nation’s collective hopes & dreams from the budget. We believe the citizen must be at the centre of policy making and the Budget ballot is an effort to initiate a dialogue. This is our latest effort in making the Budget accessible to viewers, an endeavour we have been committed to for the last 25 years. Our experience, expertise and understanding of the union budget will ensure our coverage comprehensively decodes the fine print of the Interim Budget 2024 and amplifies the impact of the announcements, all this live and in real time. With a stellar line up of industry leaders, economists, policymakers & global investors, CNBC-TV18 will bring you the most value-added analysis of the Union Budget”.

    Network18 CEO, Business News Smriti Mehra, added, “Our dedication to being the foremost authority on business & financial news and insights is encapsulated in our programming lineup and the enthusiastic response to the #MyBudgetWishlist campaign. As Budget Day approaches, we aim to equip our audience with information that is relevant and useful to them in their financial journey.

    For union budget 2024, we have partnered with some of the most renowned brands such as Life Insurance Corporation of India, along with State Bank of India and Bandhan Bank. Notably, CNBC-TV18 being a multiplatform news brand, will be going LIVE on TV, website, and YouTube, ensuring that our viewers can access real-time updates and expert analysis seamlessly across various mediums.” she added.

    Tune in to CNBC-TV18 to catch the FM’s Speech LIVE on 1st Feb, 11 AM onwards. Also available LIVE on our YouTube page – @CNBCTV18.

  • CNBC-TV18 launches #MyBudgetWishlist campaign: A platform for citizens to share their views

    CNBC-TV18 launches #MyBudgetWishlist campaign: A platform for citizens to share their views

    Mumbai: CNBC-TV18, India’s leading business news channel, announces #MyBudgetWishlist campaign, capturing the nation’s expectations ahead of the eagerly awaited Union Budget on 1 February. This unique initiative aims to offer citizens a platform to voice their opinions and ideas for the country’s future, as we also approach the General Elections. By encouraging citizens nationwide to participate, the #MyBudgetWishlist campaign seeks to amplify the voice of the public. Through a dynamic and engaging campaign, CNBC-TV18 seeks to become the bridge that connects the citizens with the decision-makers.

    One of the distinctive features of this campaign is the CNBC-TV18 Budget Ballot, where people can submit their budget wish list online and offline. For online participation, individuals can visit the dedicated campaign page at https://www.cnbctv18.com/budget/ to share their expectations. To effectively engage the viewers about the upcoming budget, the channel launched an exclusive social media filter, enabling users to express their views.

    To extend the reach of the campaign a ballot box will be placed in selected colleges and multiplexes across Mumbai and Delhi this weekend where people can come and cast their expectations from the Union Budget. These Budget expectations collected will be shared with the Finance Minister. Furthermore, CNBC-TV18 will showcase these expectations during its comprehensive budget coverage, providing a unique insight into the sentiments and expectations of the Indian public.

    CNBC-TV18 managing editor Shereen Bhan said, “For more than two decades, CNBC-TV18 has analysed the intricate details of the Budget, interpreting its repercussions on the economy, business, markets, and the general public. With the #MyBudgetWishlist campaign, this year CNBC-TV18 is empowering citizens to play an active role in shaping the nation’s economic trajectory ahead of the Union Budget. Every voice matters, and we want to amplify it as we approach the eagerly awaited Union Budget on February 1st. Let’s make this budget truly reflective of the aspirations of the people.”

    Network18 CEO – business news Smriti Mehra said, “The budgetary timeframe provides us with an excellent chance to reaffirm our commitment as a reliable investment partner for our audience. In the run-up to the General Elections, #MyBudgetWishlist becomes a crucial platform for citizens to articulate their expectations. CNBC-TV18’s Budget Ballot, both online and offline, provides a unique opportunity for individuals to contribute to the national discourse.

    As the nation gears up for the General Elections, CNBC-TV18 invites everyone to be a part of this extraordinary initiative and contribute to shaping the economic future of the nation. Join the #MyBudgetWishlist campaign and let your voice be heard.

  • CNBC-TV18 celebrates embarking on a quarter century of excellence

    CNBC-TV18 celebrates embarking on a quarter century of excellence

    Mumbai: CNBC-TV18 proudly enters its 25th year with a legacy defined by excellence and innovation. In an era where industry dynamics constantly shift, CNBC-TV18 has defined the business news genre in this country and remained at the numero uno position. Led by a stellar team of business journalists, including Shereen Bhan, Latha Venkatesh, Anuj Singhal, Prashant Nair, and Sonia Shenoy, CNBC-TV18’s comprehensive coverage remains unrivaled. The channel stands as the preferred choice for market experts, corporate leaders, influencers, investors, and policymakers seeking in-depth insights into finance, business, economy, and more. The channel’s commitment to quality reporting has solidified its position as the go-to source for reliable, incisive, and timely information.

    CNBC TV-18 ‘s prime-time shows Bazaar, Closing Bell, and India Business Hour have informed and educated viewers day after day and night after night.

    As a purpose-driven brand, CNBC-TV18 has driven impactful initiatives, and been the thought leader for over two decades. It created the world longest running show on start-ups and entrepreneurship, the award-winning Young Turks, 22 years ago. It gave India its first dedicated auto show, Overdrive, its first A&M show, Storyboard, a dedicated show on Pharma & Healthcare, the Medicine Box, a show on all things tech, Tech At Work, the award-winning Mad About markets, a show that captures all things trending before they become the trend and so much more.

    More recently CNBC-TV18 launched Future.Female.Forward,- The Women’s Collective a campaign championing gender parity in the workplace. Also the marquee India Business Leader Awards’ celebrated it’s 19th edition by honoring exemplary leaders from the field of business, sports, and entertainment demonstrating our commitment to pursue and recognize excellence.

    The foray of the brand into the digital world has been recent but delivered on its DNA with over 65 million* viewers across the social media platforms and YouTube channel.

    The website CNBCTV18.com ensures the brand stays engaged with the audience -on TV, online, and on the move.

    Reflecting on the remarkable journey of the brand, CNBC-TV18 managing editor Shereen Bhan remarked, “Our milestone signifies the relentless pursuit of quality, a vision for the future, unswerving consistency, and a commitment to credibility. Our accountability stems from a firm dedication to our audience, and innovation remains our guiding light for embracing change.”

    As a multi-platform brand with a stronghold on both TV and Digital, CNBC-TV18 continues to evolve, adapting to the dynamic business world. The commitment to providing viewers with the news, analysis, and insights needed to navigate the complexities of today’s global economy remains unwavering.

    Here’s to CNBC-TV18, a legacy shaped by principles and dedicated to delivering excellence in every aspect of business journalism.

    *(Source – Crowdtangle, and SocialBlade November 2023)

  • CNBC-TV18 recognises excellence in Business & Leadership at India Business Leader Awards 2023

    CNBC-TV18 recognises excellence in Business & Leadership at India Business Leader Awards 2023

    Mumbai: In its 19th year of recognizing excellence in driving innovation, growth, and positive change across industries, the coveted ‘CNBC-TV18 India Business Leader Awards 2023’ (IBLA) presented by Standard Chartered, held its annual awards ceremony in Mumbai. The event was a gathering of individuals who embody the spirit of entrepreneurship and contribute significantly to India’s upward growth trajectory.

    Setting the tone for the evening in her welcome address, CNBC-TV18 managing editor Shereen Bhan emphasised the significance of leadership and innovation in driving economic growth. She commented, “This year’s theme for the India Business Leader Awards, from recovery to resurgence could not be more apt. With a scorching Q2 GDP growth rate of 7.6%, buoyant tax collections, markets at record highs, consumption, and investment engines firing, we find ourselves in a sweet spot. India is in a position of undeniable strength and the IBLA 2023 celebrates leaders who are driving change and clocking new milestones with their purposeful actions. 2023 also marks CNBC-TV18’s 25th year as India’s most credible and influential news brand, with unparalleled leadership and my decade as Managing Editor”.

    The event also hosted one-on-one discussions with Piyush Goyal (Minister of Commerce & Industry and Consumer Affairs, Food & Public Distribution and Minister of Textiles) and Hardeep Singh Puri (Union Minister of Housing and Urban Affairs, and Petroleum & Natural Gas).

    Highlighting the shift towards electric vehicles in India, Goyal in a fireside chat led by Network18 managing editor & editor in chief Rahul Joshi said, “The age of electric vehicles has arrived. In another two to three years, I see all new two-wheeler sales being electric. In three-wheeler sales, we are close to 100% electric or CNG-driven, while the figure for four-wheelers was only around 2%, the future was bright as local manufacturers – Maruti, Tata, and Mahindra, among others – were coming out with some fantastic offerings. We will see a lot of action in the four-wheeler space. Therefore, Tesla will not like to miss out on the action.”

    Emphasizing the adoption of green energy in India, the Union Petroleum minister Hardeep Singh Puri said, “India is leading the global transition from fossil fuel to green energy, so, instead of being known as the Minister of Petroleum and Coal, I should be known as the Minister of Energy Transition.”

    The evening unfolded by celebrating some of the towering leaders pioneering India’s road from Recovery to Resurgence. The ‘Young Turk of the Year’ award was bagged by PhonePe CEO Sameer Nigam and the ‘Young Turk Startup of the Year’, was awarded to BluSmart. While ONDC bagged ‘The Disruptor Award’, Persistent Systems received the ‘Most Promising Company of the Year’ recognition. The ‘IBLA Trailblazers of 2023’ title was awarded to India’s Javelin gold medallist at Asian Games 2023 Annu Rani, India’s champion steeplechaser Parul Chaudhary and the Indian Men’s Relay Team. Sheetal Devi, who won gold medals at the Para Asian Games 2023 was honoured with the title ‘Special and Para Sports Leader of the Year Award’.

    ‘The Sports Leader of the Year Award’ was given to Shubman Gill, Chandrayaan 3 received IBLA ‘Outstanding Contribution to Brand India’ title and Apollo Hospitals received the ‘Outstanding Company of the Year Award’. Deepak Parekh got inducted into IBLA’s ‘Hall of Fame’. IBLA In Memoriam, honoured industry stalwarts posthumously – MS Swaminathan and Mr. Ashwin Dani.

    Bollywood’s action-packed performer, Sunny Deol, was honoured with the prestigious ‘Entertainment Leader of the Year Award’ for his blockbuster hit ‘Gadar 2’ which broke all records at the box office. The evening was illuminated by Sunny’s rendition of his legendary lines from the films ‘Damini’ and ‘Gadar,’ evoking a wave of nostalgia among the audience.

    Katrina’s Kay Beauty was honoured with ‘Breakout Brand of the Year’ title, while the former CEO of NITI Aayog, Amitabh Kant received the ‘Outstanding Contribution to Public Service Award’. Nepra’s Lets Recycle was awarded in the ‘Outstanding Contribution to Climate Consciousness’ category and the ‘Brand Campaign of the Year’ was given to Spotify. Kiran Mazumdar-Shaw, Executive Chairperson, Biocon Ltd & Biocon Biologics Ltd was felicitated with the ‘Outstanding Business Leader of the Year’ title. The Founder of Kotak Mahindra Bank, Uday Kotak received the prestigious ‘Lifetime Achievement Award.

    The Jury panel of IBLA 2023 included Manny Maceda (Worldwide Managing Partner, Bain & Company), Zarin Daruwala (Cluster CEO, India & South Asia Markets Standard Chartered Bank), Dr. Anish Shah (MD & CEO, Mahindra Group) Shyam Srinivasan (Managing Director & CEO, The Federal Bank), Rohit Jawa (President, Unilever, South Asia and CEO and Managing Director, HUL), Mithun Sacheti (Founder, CaratLane) Abhinav A. Bindra (Olympic Champion, Entrepreneur), Sandhya Devanathan (Head and Vice President, Meta India)  and Nikhil Kamath, (Co-Founder, Zerodha). 

  • CNBC-TV18 and Moneycontrol to host their first-ever Global AI conclave

    CNBC-TV18 and Moneycontrol to host their first-ever Global AI conclave

    Mumbai:  CNBC-TV18, a business news channel, and Moneycontrol, a markets and finance platform, are proud to host the first-ever global AI conclave. Presented by Palo Alto Networks, the event will take place on 16 December 2023 at the JW Marriott in Bengaluru. This trailblazing event will bring together thought leaders, policymakers, and experts from around the world to explore the transformative power of artificial intelligence (AI) across industries. With 16 carefully curated sessions, over ten hours of actionable insights, and the opportunity to connect with over 25 AI practitioners and global thought leaders within a community of over 400 AI enthusiasts, the conclave will discuss important themes such as unlocking AI for enterprise; securing cyber frontiers with AI and shaping the future of India with AI.

    The conclave will feature notable figures from the industry as distinguished speakers who will bring their expertise and insights to the forefront. These eminent personalities include Rajeev Chandrasekhar (Union Minister of State, Ministry of Electronics, & Information Technology), Andrew Ng (co-founder, Google Brain, and leading AI expert), Chris Miller (author – chip war & associate professor – The Fletcher School at Tufts University), Abhishek Singh (additional secretary, MeitY, president & CEO NeGD; MD & CEO Digital India Co (DIC); CEO Karmayogi Bharat; at Govt of India) Sridhar Vembu (founder & CEO, Zoho), Manu Chopra (founder & CEO, Karya.ai), Sriram Raghavan (vice president, IBM Research AI), Sharad Sharma (co-founder, iSPIRT) and Umakant Soni (general partner – ART venture fund | chairman – AI foundry & co-founder – ARTPARK).

    The conclave registration includes access to 15 sessions led by key AI speakers from around the world, as well as viewpoints from policymakers, insights from top entrepreneurs, and contacts with deep tech investors. The event also includes AI startup demos, case studies, and immersive learning experiences, with the goal of encouraging participation in India’s booming AI ecosystem.

    Speaking about the conclave CNBC-TV18 managing editor Shereen Bhan stated, “As AI attempts to revolutionise industries and redefine the business landscape, this conclave will serve as a forum for industry leaders to exchange ideas, foster collaboration, and navigate the course for the future of AI.  The participants will have a unique opportunity to delve into the intricate landscape of artificial intelligence, unlocking pathways for innovation, growth, and sustainable digital transformation.”

    Moneycontrol deputy executive editor Chandra R Srikanth added, “The Global AI Conclave marks a significant milestone in our commitment to foster new thoughts and ideas across industries while promoting the intersection of technology, business, and innovation. The event will serve as a knowledge hub for establishing a deeper understanding of AI’s potential and answer many questions on the potential and future of AI for India and the world. Join us as we embark on this exciting journey to unlock the limitless potential of AI on a global scale.”

    Don’t miss your chance to be part of this transformative Global AI Conclave. Grab your passes today and enjoy a one-year complimentary subscription to Moneycontrol Pro. 

  • TV18’s news vertical registers 20 per cent revenue growth in Q2 FY24

    TV18’s news vertical registers 20 per cent revenue growth in Q2 FY24

    Mumbai: TV18 Broadcast Ltd has announced its results for the quarter ended 30 September 2023.

    Viacom18 becomes ‘the destination’ for sports in India

    Viacom18, in its quest to become the primary destination for sports in India, continues to  aggregate rights of leading sports properties. With acquisition of exclusive media rights for  the BCCI International and Domestic matches, it has become the home of India cricket. The  rights include international men’s, women’s, and other domestic first-class competitions like Ranji Trophy. Viacom18 acquired both the Indian sub-continent and global television and  digital rights for the next 5 years for Rs 5,963 crores.

    As the most loved sports in India, cricket (BCCI, IPL) will enable the Company to drive a  step jump in audience footfalls, especially on JioCinema, as live sports consumption  continues to pivot towards digital. Broadcast rights will strengthen the Company’s channel  bouquet and will enable it to broaden its broadcast content portfolio and serve quality content to all its viewers. With the new features launched during IPL, Viacom18 has enhanced the Indian viewer experience like never before, and it will continue to drive  innovations to delight its audience.  

    Viacom18 also added the Indian Super League, the highest level of the Indian football league  system, to its portfolio. With a constellation of marquee sports properties like IPL, WPL,  Olympics 2024, SA20, Major League Cricket (MLC), Ultimate Table Tennis (UTT), NBA,  Diamond League, World Athletics Championships Budapest 2023, MotoGP, La Liga,  Ligue1, Serie A, Abu Dhabi T10, FIFA World Cup Qatar 2022, and top BWF events,  Viacom18 has established itself as India’s #1 destination for sports.

    JioCinema takes the entertainment streaming game to the next level

    JioCinema is quickly scaling up as one of the leading streaming platforms for entertainment  content. The second season of India’s most popular reality show in a digital-exclusive  format, Bigg Boss OTT, became the biggest ever reality show on digital, with record  concurrency and voting during the finale. The season wrapped up with 100 mn viewers  consuming 30 bn minutes of content on smartphones and CTVs. User engagement was at  an unprecedented level with 5.4 bn votes logged through the season, highlighting the scale  and connect of the show with users. The grand finale was the most streamed live  entertainment event in India with 23 mn viewers and a peak concurrency of 7.2 mn. During  the 15 minutes live voting window for selecting top 2 finalists, 250 mn votes were received. • Popular network reality shows also saw an exponential growth in digital consumption. Khatron Ke Khiladi S13 saw 2x viewers and 1.5x video views compared to the previous  season and Roadies S19 delivered 7x viewers and 4x watch-time of the previous season. • Original shows released during the quarter also garnered wide reach and engagement.  Taali (starring Sushmita Sen) featured in ‘Top 10 OTT Originals of the Week1’ for more than  5 weeks in a row. The show reached a record 20 mn viewers in the first week of release.  Kaalkoot also featured among ‘Top 10 OTT Originals of the Week1’ for 3 weeks in a row  and was watched by 25 mn viewers.

    TV18 News Network maintains dominance in key markets; Entertainment network share  strengthened viewership share by 50 bps

    TV18 News continued to be the highest reach network in the country, reaching ~190 mn  people around the country every week. The network maintained its leadership position in  key markets with CNBC TV18, News18 India, and CNN News18 being the #1 channels in their respective genres. TV18 was also the leader in primetime in the Hindi speaking  markets, solidifying its position as the network of choice in the region. The network had  leadership in 5 regional markets, including UP/Uttarakhand, Rajasthan, MP/Chhatisgarh.  News18 Lokmat, the Marathi language channel, climbed viewership charts to become the  second ranked channel, driven by the programming initiatives launched over the past year.  

    TV network share increased by 50 bps to 10.5%, driven by the performance of Sports and  Movies channels. Colors was the #2 channel in primetime with 18% market share and exited  the quarter with 2 of its fiction shows featuring in the top 10 list. Colors Kannada continued  to be a strong #2 channel in the Kannada genre. Viacom18 Studios released Rocky Rani  Ki Prem Kahani and OMG 2 during the quarter, and both the movies were commercially  successful as well as critically acclaimed.

    Strong growth in revenue as the company continues to make investments in growth  businesses

    TV news network delivered a strong growth in advertising revenue despite the continued  weakness in advertising environment. Excluding government initiatives, the news industry saw  a decline in ad inventory consumption. News18’s revenue growth was underpinned by the  strong viewership share that the network has achieved over the last eighteen months which  has helped it to improve pricing across the network. TV18’s sharp focus on building IP events business has also helped it drive growth in revenue.

    Viacom18 saw a sharp growth in advertising revenue in Sports and Digital segments. Sports  revenue was driven by the two cricket series – West Indies vs India and India vs Australia. Digital revenue was led by original shows like Bigg Boss OTT, Taali, Kaalkoot and TV network shows like Khatron Ke Khiladi. Advertising demand in the entertainment broadcast  segment continues to be soft as spending by consumer goods companies and new-age clients remains weak.

    EBITDA declined as the business made investments in growth verticals – Sports and Digital.  Both these verticals require investments in the near term to build a strong consumer  proposition which will help the Company rise to the leadership position in the cluttered media  landscape. We are building a strong catalog of entertainment content which will leverage  the exponential increase in audience traffic that sports enables. Our endeavor is to make JioCinema the default destination for consumers across the country looking for quality  content.

    TV18 chairman Adil Zainulbhai said, “We continue to take giant steps towards building  the network of choice for Indian consumers. With India cricket rights, Viacom18 now has the  biggest portfolio of sports properties, making it the default choice for sports fans. Our news network  has fortified its positions across the markets which bodes well as we head into the festive season  followed by elections. Our focus continues to be on providing quality content to audience and as  India’s only network with presence across news, entertainment, and sports, we are in a unique  position to serve customers across the country and demographic cohorts.”