ITV

Tag: Dr Prannoy Roy

  • 6.4% NDTV shares pledged

    6.4% NDTV shares pledged

    MUMBAI: New Delhi Television Ltd’s (NDTV) promoters have pledged 6.39 per cent of their shares with Indiabulls Financial Services.

    Indiabulls earlier held 8.10 per cent stake in NDTV.

    In a separate development, GS Mace Holdings, Mauritius, has acquired 6.44 per cent stake, taking its total holding in NDTV to 14.6 per cent.

    GS Mace Holdings, in concert with Goldman Sachs Investments, made the purchase of 4.03 million shares in the open market.

    Earlier, NDTV promoters had sold 6.08 per cent stake in the company for Rs 1.7 billion. RRPR Holding (person acting in concert) brought down its holdings to 9.57 per cent after selling 3.8 million shares, or 6.08 per cent, in the open market.

    NDTV promoters had acquired 20.28 per cent for Rs 5.57 billion to up their holding in the company to 71.38 per cent.

    Dr Prannoy Roy and Radhika Roy and RRPR Holding acquired 12.69 million shares (20.28%) in an open offer at Rs 438.98 per share.

  • NDTV wins at the New York Festival

    NDTV wins at the New York Festival

    MUMBAI: The special episode on farmers’ suicide in Vidarbha region on NDTV’s ‘Witness’ has bagged the prestigious World Silver Medal at the New York Festival, 2007. The award winning episode travelled to Vidarbha in eastern Maharashtra, where more than 600 debt-driven cotton farmers have killed themselves since June 2005.

    Timed to coincide with the visit of the Prime Minister to Vidarbha, this episode attempted to discover a new way of reporting the tragedy – a way that would jolt both the TV audience and policymakers into reacting – and they did.

    Over the 30 minutes, the show interviewed the men who track the daily highs and lows of these deaths, almost like a suicide stock market.

    Speaking on the occasion, NDTV Chairman Dr Prannoy Roy said, “The NDTV team is proud to bag this award at the New York Festival 2007. I take this opportunity to congratulate Sreenivasan Jain and the entire team for this very special award.

    We believe in credible and responsible journalism that address issues of the people, and the nation. With its experienced and talented team, both on and off camera, cutting edge technology and connect with itss viewers, NDTV is all set for an exciting year ahead.”

    The New York Festival, established 35 years ago recognises excellence in “The World’s Best Work” in news, documentary, information and entertainment programming.

    The New York Festival 2007 award was declared on February 2, at the Downtown Auditorium located in the heart of Lower Manhattan’s Financial District.

    The ‘Witness’ episode on ‘Farmers Suicides’ won the prestigious award competing against 686 entries from across the world.

  • NDTV revenue up Rs 640 million for Q1 ended 30 June

    NDTV revenue up Rs 640 million for Q1 ended 30 June

    MUMBAI: News Delhi Television (NDTV)’s revenue rose 54 per cent to Rs 640 million for the first quarter ended 30 June 2006, up from Rs 415 million a year ago.

    The company’s net profit (PAT) and before employee stock ownership plan (ESOP) has increased to Rs 27 million as against Rs 2.3 million in the same quarter of the previous year. The operating profit for the quarter stood at Rs 81.7 million, up 92 per cent from Rs 42.6 million.

    “The network’s market leadership is well reflected in the first quarter’s robust topline growth. The company has added 75 first time advertisers and 175 new brands this quarter, taking the total brand and advertising universe to 2261,” the company said in a release.

    During this quarter, the company has launched Astro Awani, a 24 hour news channel in Indonesia, in partnership with Astro, a leading South East Asia media group. It is the first channel launched by NDTV generating news that is not India-related and is specifically for viewers of that country. NDTV plans to launch a similar channel with Astro in Malaysia by this year end.

    “Our news network’s leadership in an environment of increasing competition reflects the strength and credibility of the NDTV brand and the trust our viewers place in us. Going forward, we remain focused on becoming a composite media house and will continue to pioneer new areas of media work,” NDTV Ltd chairman Dr Prannoy Roy said.