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Tag: Moneycontrol Pro

  • Network18 flexes muscle in brutal news market as rivals gasp

    Network18 flexes muscle in brutal news market as rivals gasp

    MUMBAI: Network18 Media & Investments is allegedly India’s undisputed news titan, but even emperors struggle when their kingdom is contracting. The media giant posted a crisp 7.2 per cent year-on-year rise in operating revenue to Rs 477 crore in the second quarter, yet the underlying story is far more complicated: the firm is buying market share by keeping costs flat rather than harvesting profits from its dominance.

    The numbers are seductive on the surface. Network18 commands 13.5 per cent all-India viewership share in news, reaches over 250 million people monthly—roughly 30 per cent more than its nearest rival—and operates 20 channels spanning 12 languages. Its YouTube network racked up 13 billion video views this quarter, three times its closest competitor. CNBC TV18 lords over business news with 67.8 per cent share. News18 India owns Hindi at 13.1 per cent. CNN News18 dominates English with 36.7 per cent.

    Yet look closer and the picture is not as rosy. Revenue growth of 7.2 per cent matched operating expense growth of 7.2 per cent. Not one rupee of margin expansion. For the half year, revenue limped ahead just 1.1 per cent whilst operating costs stayed flat.

    The digital realm offers crumbs of comfort. Network18 ranks second for digital news reach with 270 million monthly users. Moneycontrol, its financial news crown jewel, boasts 1.8 times the page views and three times the time spent of its nearest rival. The premium subscription service Moneycontrol Pro hit one million paid subscribers. The newly minted Moneycontrol Super Pro is gaining traction. YouTube accounts at News18.com are expanding multilingual hyperlocal coverage with AI-powered podcasts and rapid-read summaries. Firstpost’s YouTube channel is approaching nine million subscribers.

    Diversification beyond advertising is no longer optional—it’s survival. Moneycontrol’s fintech arm announced a partnership with HDFC Bank to offer personal loans through its platform. Creator18 has engaged over 1,000 social media influencers to pivot into culture, commerce and fashion. These feel like the right moves. 

    The real profit story could be better. Standalone total income reached Rs 478.8 crore this quarter, yet total expenses clocked Rs 548.9 crore, leaving a pre-tax loss of Rs 70.1 crore before exceptional items. The Eenadu Television windfall—a Rs 587 crore exceptional gain from fair-valuing a 24.5 per cent stake after losing voting control—masked the red ink. 

    Consolidated figures tell a sharper story. Pre-tax profit of Rs 41.2 crore this quarter looks respectable until you remember it came on total income of Rs 500.8 crore. Last year’s comparatives of Rs 2,059.4 crore are a mirage: they included operations since deconsolidated. The company swung from a Rs 152.3 crore loss to a Rs 41.2 crore profit, but the goalposts moved entirely.

    Network18’s regional ambitions reveal its strategic thinking. The board approved acquisition of the remaining 50 per cent stake in IBN Lokmat News Pvt. Ltd. for Rs25 crore, transforming News18 Lokmat into a wholly owned subsidiary. Marathi news generates revenue momentum, and full ownership could unlock margin expansion. Could. That word carries weight.

    Adil Zainulbhai, chairman, declared the move “another step in that direction” of becoming “the one-stop news destination” whilst positioning the firm to benefit from government initiatives to boost consumer demand. The language is hopeful. The arithmetic is unforgiving.

    Network18 conquered the mountain and discovered nothing worth eating at the top. Market dominance means nothing when advertising inventory shrinks seven per cent industry-wide. Viewership share rises whilst revenue flatlines—the very definition of a saturated market where volume gains evaporate into pricing pressure. 

    Fintech partnerships, influencer ecosystems, and subscription tiers are the moves of a legacy business fighting for relevance, not a titan in its ascendancy. The firm hasn’t yet proven these new ventures can move the needle at scale. Until they do, Network18 remains a winner in a losing game.

  • Moneycontrol banks on Zarrar Don, plays ace to boost revenue and market grip

    Moneycontrol banks on Zarrar Don, plays ace to boost revenue and market grip

    MUMBAI: Ever heard of putting your money where your mouth is? Moneycontrol clearly has, as they’ve handed the revenue steering wheel over to none other than Zarrar Don—a man who doesn’t just chase opportunities, he tackles them to the ground. Is Moneycontrol placing all its eggs in one basket? Possibly, but when that basket is as sturdy as Don, who’s complaining?

    On 18 March 2025, Moneycontrol officially announced Don as its new chief revenue & business growth officer, entrusting him to drive sales and revenue growth across all its formats. If you’ve ever wondered how Moneycontrol plans to stay ahead in India’s competitive financial news arena—well, now you know.

    Don isn’t new to the big league. With over 20 years in media, financial services, and retail, he’s a seasoned pro at turning strategies into solid cash. His recent tenure as CRO for business news at News18 Studios showed he’s got the knack for revenue strategy, leadership, and brand building. Translation: he’s the guy you want in your corner during tough business brawls.

    His role at Moneycontrol? Simple—grow, grow, and keep growing. His mission is to amplify Moneycontrol’s position as India’s go-to financial platform. A task he’s uniquely suited for, given his track record of turning big ideas into big results.

    Moneycontrol, already India’s leading financial platform, pulls in impressive numbers—38.35 million unique visitors in January alone, according to Comscore MMX data. That’s 3.35 million more than The Economic Times, if anyone’s keeping score (which clearly, we are). Plus, Moneycontrol Pro, the platform’s subscription service, already crossed the one million subscriber milestone last October, catapulting it into the global top 15 news subscription platforms.

    Clearly, Don’s job isn’t just about maintaining a lead; it’s about widening it enough to comfortably sip chai without spilling.

    Will Don turn Moneycontrol’s promising growth into a money-spinning saga? Time will tell, but judging by his CV, we’re betting this Don’s rule will be one for the books.

  • Moneycontrol tops business news rankings, extends lead over rivals

    Moneycontrol tops business news rankings, extends lead over rivals

    MUMBAI : Moneycontrol remained the most read business news platform in India in January, topping Comscore’s latest audience rankings.

    The platform attracted 38.35 million unique visitors (UVs), surpassing The Economic Times’ (ET) 35 million. It also led in engagement, recording 383.08 million page views more than double ET’s 140.6 million. Readers spent 397 million minutes on Moneycontrol in January, significantly higher than ET’s 182 million minutes.

    Moneycontrol managing editor Nalin Mehta noted that the figures highlight the platform’s strong audience engagement and credibility. “These numbers reflect the deep trust our readers have in us for business news and insights”.

    Moneycontrol Pro, the platform’s subscription service, has also grown rapidly, crossing 1 million paying subscribers in October. This milestone cements its place as India’s largest news subscription platform and among the top 15 globally.

  • Network18’s Moneycontrol hits 10 crore visitors in October

    Network18’s Moneycontrol hits 10 crore visitors in October

    Mumbai: Moneycontrol achieved the milestone of surpassing 10 crore (100 million) unique visitors in October 2024, according to data from Google.

    Moneycontrol’s combination of stock markets data, financial tools, exclusive research on stocks and markets and business news that matters, backed by the power of transactions, has made it an irresistible proposition. Moneycontrol Pro, the platform’s premium subscription service, recently crossed one million subscribers, placing it among the world’s top 15. It has added cutting-edge features every few months to help savvy investors stay on top of markets. The Moneycontrol app is used by over 70 lakh ( seven million) active users per month and is growing rapidly.

    “This is a monumental milestone and Moneycontrol has broken the ceiling as India’s premier digital finance platform,’ said Network 18 chairman Adil Zainulbhai. “This achievement reflects high consumer confidence in the cutting-edge markets data tools and content we offer on Moneycontrol which help users invest their money more smartly.”  

    “The fact that over 10 crore people chose to use Moneycontrol in just one month is a great vote of confidence in the quality of our content and the value it adds for retail investors looking to make investment decisions,’ said Moneycontrol managing editor Nalin Mehta. 

  • Moneycontrol Pro crosses one million paying subscribers

    Moneycontrol Pro crosses one million paying subscribers

    New Delhi: Moneycontrol Pro, a subscription product from Network18’s Moneycontrol, has crossed one million paying subscribers, emerging among the top 15 worldwide. Moneycontrol Pro’s paying subscription numbers are now close to major international media platforms.

    Moneycontrol Pro has consistently expanded its cutting-edge features to help subscribers navigate the complexities of investing. The platform helps users make informed investment decisions through features such as ‘Spot Winners’ with over 200 powerful stock scanners, ‘Deep Dive’ with quant-based insights, ‘Trade Like a Pro’ with technical ratings and trends, ‘Track Holdings’ of market gurus with big shark portfolios and ’Expert Edge’ with daily and weekly investment ideas.

    “The fact that over a million people chose to repose their trust in our content and offerings is a great vote of confidence for Moneycontrol Pro,” said Moneycontrol chief content & strategy officer Javed Sayed. “It is a tremendous achievement, which puts Moneycontrol Pro among the top 15 news subscription platform in the world.”

    “Our subscription base is breaking new records because we have reduced the arbitrage on information for retail users looking to invest smartly,” said Javed Sayed. “The kind of tools that institutional investors pay a lot of money to use, Moneycontrol makes them available to its subscribers at a fraction of the cost.”

  • Moneycontrol PRO & Waterfield Advisors with PwC India returns with third edition of Indian Family Business Awards

    Moneycontrol PRO & Waterfield Advisors with PwC India returns with third edition of Indian Family Business Awards

    Mumbai: To honour and recognise families that have significantly contributed to India’s economic growth, entrepreneurial spirit, and job creation, Moneycontrol PRO, a fast-growing subscription service, and Waterfield Advisors, a leading independent multi-family office and wealth advisory firm, have united once again along with PwC India as the process partner to host the third edition of the ‘Indian Family Business Awards 2023’

    The previous edition of the Indian Family Business Awards in 2022 received an impressive response with 140 plus entries across various categories and 200 plus on-ground attendees. The upcoming 2023 edition of the event promises to be even grander.

    This year, the awards is segregated into five different segments – Super (under Rs 1,000 crore), Mega (between Rs 1,000 and Rs 5,000 crore), Giga (over Rs 5,000 crore), Best Startup Family Business (under Rs 1,000 crore & 5 years of existence) and Philanthropy Award (Best Family Business). To qualify for the awards, a family business must have been established in India and should be operational for at least 10 years, while start-ups must have been incorporated at least five years ago.  Additionally, the family should hold a majority stake and/or control in the business.

    Presented by Moneycontrol PRO, co-created with Waterfield Advisors, process partner PwC India, the Indian Family Business Awards 2023 will feature various categories – Best Family Business, Best Governance, Most Innovative, Disruptive & Transformational Family Business, Best Family Business Led by a Woman, Best Startup Family Business and Philanthropy. This year too the participation process involves self-nomination. Once nominations are submitted, the process partner to review the applications and determine their suitability under the various award categories and, where necessary, conduct personal interviews or meetings with them. They then submit their report to the Jury panel. The Jury panel then shortlist the winners post thorough discussions. The esteemed Indian family business award 2023 winners to be honoured and felicitated with a grand on-ground ceremony.  

    In its third year, the distinguished jury for the awards will include Soumya Rajan (Founder & CEO, Waterfield Advisors); Sonu Bhasin (Founder of FAB – Families and Businesses); Gopal Srinivasan (Chairman, TVS Capital Funds Limited); and Gaurav Dalmia (Chairman Dalmia Group Holdings).

    Waterfield Advisors founder & CEO Soumya Rajan stated, “We conceptualised the Indian Family Business Awards (IFBA) to honour India’s family businesses. At Waterfield, as trusted advisors to this illustrious community, we acknowledge their immense contributions to India’s economic progress. Over the first two seasons, we have laid the foundations for an event that is now much anticipated. We are excited for a grander third season and encourage family businesses across India to participate.”

    PwC India  Partner & Leader – Entrepreneurial & Private Business Falguni Shah stated, “As trusted advisors to family businesses, we are honoured to be the process partners for the India Family Business Awards (IFBA). This prestigious platform allows us to support and celebrate the best in the industry. We eagerly anticipate the journey of evaluating submissions from across the country, uncovering unique strengths, and providing insights that truly make these businesses stand out.”
     

  • Network18 reports strong Q1 growth of Rs 3141 crores

    Network18 reports strong Q1 growth of Rs 3141 crores

    Mumbai: Network18 Media and Investments Ltd reported consolidated operational revenue of Rs 3,141 crore for the quarter ending 30 June, fueled by impressive performances in the sports and news segments. The company’s digital portfolio also expanded in both reach and engagement.

    Network18 stated that its subsidiary Viacom18 has continued to invest in the sports and news sectors to drive future growth. The company noted that even though these segments are still in the development phase, they have rapidly achieved a strong brand presence and consumer recognition.

    TV News portfolio delivered 30 per cent advertising growth during the quarter. The network leveraged its leadership positions across key markets and election-linked advertising tailwinds to deliver industry-leading ad growth. EBITDA for the quarter saw a turnaround as revenue grew 14 per cent while costs were flat. The TV news network posted EBITDA of Rs 40 crore in Q1FY25, a 46 per cent increase (YoY).

    JioCinema achieved record digital IPL viewership during the quarter. IPL 2024 reached 620 million viewers, marking a 38 percent increase from the previous year. “Engagement also saw a significant rise, with audiences spending a total of more than 350 billion minutes watching the most popular annual sports event, over 50 percent higher than last season,” the company reported.

    Meanwhile, Network18 group’s digital brands solidified their leadership positions over the quarter, experiencing a substantial rise in monthly unique visitors. “With approximately 250 million unique visitors, Network18 narrowed the reach gap with the leader to about 10 percent, down from over 50 percent in March 2023,” the statement revealed.

    Network18’s digital news business recorded a 34 per cent growth in Q1FY25, with total revenue reaching Rs 109 crore compared to Rs 81 crore in the same quarter of FY24.

    The digital news portfolio of Network18 experienced a significant increase in monthly unique visitors. With 250 million unique visitors, Network18 narrowed the reach gap with the leader to just 10 per cent, down from over 50 per cent in March 2023.

    Moneycontrol maintained its position as the top player in both reach and engagement metrics, driven by comprehensive coverage of economic and market-related topics. Key engagement metrics such as monthly page views, time spent, and sessions were 20 per cent-70 per cent higher than those of the nearest competitor.

    Moneycontrol Pro surpassed 8.1 lakh paid subscribers, solidifying its status as the leading subscription-based news platform in India and one of the top three in Asia, according to FIPP’s Digital Subscription Report.

    News18.com established itself as the leading platform for non-English language consumers in India during the last quarter. The platform’s reach expanded significantly due to editorial and product initiatives, resulting in a 50 per cent  increase in monthly average unique visitors quarter-on-quarter and a 100% year-on-year growth in on-platform video views. News18’s mobile app saw an increase in MAUs, and the News18 Connected TV app was launched for platforms like Android, Samsung Tizen, and Firestick.

    Firstpost’s coverage of international events from an Indian perspective continued to drive reach and engagement throughout the quarter. The platform saw a 67 per cent increase in monthly active users and page views following the launch of its revamped website. On counting day, the website’s traffic doubled compared to normal days, with time spent increasing fourfold. Firstpost’s growth on YouTube also continued, with the subscriber count surpassing the five million mark.

  • Moneycontrol Pro completes a year, to offer enhanced value to subscribers

    Moneycontrol Pro completes a year, to offer enhanced value to subscribers

    MUMBAI: Moneycontrol Pro, a subscription-based financial service by moneycontrol, seeks to enhance best-in-class services and strengthen its objective of providing reliable, well-researched, and incisive financial information along with insightful analyses to its users.

    Moneycontrol, a part of Network18 Group, completes a year this April. The platform has successfully emerged as one of the fastest-growing subscription products in the digital business and finance segment, attaining more than 1,60,000 subscribers in a short span of time.

    Network18 president – digital & corporate strategy Puneet Singhvi says, “Leading with insights, deep understanding of the space, rapid product enhancements, access to leading industry experts and a penchant to go beyond the obvious, Moneycontrol Pro has emerged as the preferred financial news, data and analysis platform in the industry.”

    Since its inception, Moneycontrol Pro has strived to cater to its users through a slew of premium services that include seamless access to technical analysis, trading ideas from hand-picked team of experts, a daily comprehensive newsletter and a detailed weekly wrap that makes sense of the biggest financial events.

    In addition, it also offers an ad-free experience on app and desktop along with value-added incentives; for instance, ‘GuruSpeak’ brings the distilled wisdom of successful professionals in the markets while ‘Personal Finance’ section addresses investor’s questions about mutual funds and asset allocations.

    Moneycontrol business head, B2C revenues Manoj Nagpal says, “Moneycontrol Pro has been constantly evolving and adapting to the changing times by expanding its scope of offerings and services that explore innovative and unique avenues. Some of our pioneering offerings include the ‘Learn’ series where we have laid bare investment principles, styles and financial ratios that help the users to form informed opinions about companies and stocks on their own.”

    “Our opinion pieces analyse the economic environment and policy actions, enabling them with a clearer idea of the broader context in which businesses operate while our technical analysts identify the short-term trades that may prove to be beneficial for investors. Over the past year, it has led us to become the most preferred destination for our users and we are certain that we will continue in our endeavour for the times to come,” Nagpal adds.

    In the wake of the coronavirus scare, the platform supported investors by identifying early warnings and analyses of the outbreak and its impact on key sectors. It has continually provided its readers with a balanced analysis of where markets could bottom and how they can restructure a bleeding portfolio to make the market alterations advantageous.

    Moneycontrol Pro, on its anniversary, will issue a series of articles chronicling its journey to the top that captures its varied pioneering features, an ode to its dedicated and diligent team of researchers, and its comprehensive reportage of the global economy. The platform has also introduced a range of exciting exclusive benefits for the existing and potential PRO users for a limited period.

  • Moneycontrol Pro acquires 1.5 lakh paid subscribers within a year of launch

    Moneycontrol Pro acquires 1.5 lakh paid subscribers within a year of launch

    MUMBAI: When Network18’s business news website, Moneycontrol, launched its paid service in April 2019, it did not expect that by 31 March 2020 its Moneycontrol Pro service will have acquired 1.5 lakh members.

    “Moneycontrol Pro's success is very encouraging because it tells us there is a discerning public willing to pay for top-notch commentary, insights and analyses that help them to take informed investment decisions,” said Moneycontrol group consulting editor Manas Chakravarty.

    Moneycontrol Pro’s aim is to serve readers with actionable insights into the stock markets, businesses, industries, economy and vital indicators to understand to help with their financial decisions. A survey commissioned in February found that 85 per cent users gave a thumbs up to the product and content.

    Moneycontrol business head B2C revenues Manoj Nagpal said, “The subscription growth is a reflection of the trust and the value-added content subscribers are getting, adding that Moneycontrol Pro has been able to keep evolving in the past year and enriching the user experience. Keeping subscriber needs at the core of the offering and surpassing user expectations have been the driver of growth for Pro.  Adding value to an astute Moneycontrol user is not an easy task, as it is arguably one of the most discerning and value audience in India.”

    The company claims that the essence of Pro is high-quality content and constant product innovations. Moneycontrol offers a promise that its content -investment ideas from the in-house research team, sharp commentary and opinion that decodes a fast-changing economy, exclusive blogs are written by high-net worth individuals and market gurus – will not be found anywhere else.

    By becoming a Moneycontrol Pro subscriber, a user gets access to technical analysis trading ideas from a hand-picked team of experts, a daily newsletter and a weekly wrap that makes sense of the biggest financial events. In addition, Pro subscribers can also unlock an ad-free experience on the app and desktop as well as perks, such as invites to exclusive events and offers for attending big-ticket conferences and seminars.

  • Moneycontrol Pro clocks in 100,000 individual subscribers

    Moneycontrol Pro clocks in 100,000 individual subscribers

    MUMBAI: Moneycontrol Pro has crossed an active subscriber base of 100,000 consumers in less than five months of launch. Catering to the needs and preferences of consumers following financial markets, Moneycontrol Pro offers cutting-edge research, sector trends and review, investment analysis and advice by experts along with a personalized look for every user. The app is an ad free platform.

    Commenting on the achievement, Moneycontrol Business Head, B2C Revenue Manoj Nagpal said, “Seeing the sheer number of subscribers that the Moneycontrol Pro has been able to garner since its launch in April has certainly surpassed our expectations. Behind this success has been the dedicated and committed team at moneycontrol who have come together towards producing an app that provides immense value to our customers. With the subscriber and their app experience being of utmost importance to us, we have offered them a host of enhanced features with the latest technology that provides them seamless interaction on the app.”

    Such has been its undisputed presence over the financial sector amongst investors, that moneycontrol pro successfully added a subscriber every minute in the month of October, the busy festive season when markets saw a steady upsurge. Offering its subscribers more insight and providing the very best of quality in terms of technology and finance has seen the app reign supreme amongst its competitors.

    Network18 CEO -Digital & President – Corporate Strategy Puneet Singhvi,  commented, “It gives our group immense pleasure in announcing the landmark figure of 1 lakh individual subscribers of Moneycontrol Pro, our very first and ambitious subscriber based product.  Moneycontrol Pro has made a name for itself in the business and finance sector owing to its up-to-date innovations and has continued to remain the market leader in the industry. Milestones like these are testaments to the brand moving in the right direction and has given us ample room for optimism to provide more personalized and best-in-class services in the coming future.”

    The premium services include interactions with market gurus, providing profit ideas from their expert and research team who provide industry perspective to help their users/ investors be on top of their game and make a much-better investing decision. With the customer at the very core of their brand ethos, Moneycontrol Pro has always strived to provide the best in class services to its users. Its other offerings include a personalized calendar of important business events that enable the users to stay updated at all times along with them staying abreast of growing trends and analysis in an easy to use & follow format.