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Tag: Moneycontrol

  • Moneycontrol and Inflection Point Ventures collaborate to launch ‘Pitch Right’, a competitive initiative for high potential startups to secure funding

    Moneycontrol and Inflection Point Ventures collaborate to launch ‘Pitch Right’, a competitive initiative for high potential startups to secure funding

    In a bid to encourage a culture of entrepreneurship and start-up in the country, moneycontrol, one of India’s leading financial news platforms and Inflection Point Ventures, one of India’s largest and most active angel platforms, have come together to launch Pitch Right, a competitive initiative for high potential startups to secure funding. Through the platform, the two industry pioneers will identify promising startups that are building innovative solutions and help them grow and succeed in the current challenging environment.

    Kick starting the registration, eligible participants can submit their entries till November 8. The platform will provide a chance to early-stage startups to showcase their idea and potential to top VCs, successful founders and leading Angels of India. Based on that, the jury will select one winner who will receive INR 50 lakh in funding from IPV on the finale, scheduled for 5th December 2020. The identified and shortlisted startups will be mentored and given access to a widespread network of industry professionals and luminaries. Commenting on the initiative, Binoy Prabhakar, Editor, moneycontrol said, “We at, moneycontrol have accompanied the evolution and growth of the Indian Startup industry by providing a holistic reportage on the entire ecosystem. Over the years, we have seen aplenty startups change the world with disruptive ideas and innovative technology. Following which, we have launched Pitch Right with Inflection Point Ventures with an aim to present entrepreneurs a direction to use their most disruptive ideas and provide more than just an avenue of investment for the budding entrepreneurs.”

    Vinay Bansal, Founder CEO, Inflection Point Ventures, added, “We are pleased to associate with moneycontrol, a brand recognized for its credibility, accuracy and authority on India’s startup industry. More than just being a funding platform, through Pitch Right we aim to offer an entire ecosystem for both the investors as well as startups. We seek to identify the promising entrepreneurs and startups of tomorrow and aid them by providing mentoring and capital.”

    The initiative was launched on October 8 via a highly engaging and successful 30-minute AMA session that saw the presence of new-age startups and well known investors who discussed and debated on the topics of how to raise funds amid a Pandemic and make them last longer. The session was conducted with Vinay Bansal, Founder CEO, IPV and Ankur Mittal, Co-founder IPV, moderated by Priyanka Sahay, Special Correspondent, moneycontrol.

    To know more and register your startups please visit: https://t.co/nsNcm9UNQ8?amp=1

  • Moneycontrol and CNBC-TV18 collaborate to present ‘India Inc. On the Move’ powered by Rockwell Automation, positioning Indian manufacturing businesses on the global center stage

    Moneycontrol and CNBC-TV18 collaborate to present ‘India Inc. On the Move’ powered by Rockwell Automation, positioning Indian manufacturing businesses on the global center stage

    The importance of technological advances in the manufacturing sector has never been more relevant to the modern times of today. Assisting several industries and businesses on the road to recovering, one has seen the emergence of advanced business processes giving them a new direction. Taking this very thought forward, two of Network18’s biggest power-houses moneycontrol and CNBC-TV18 came together to host a two-day virtual summit, ‘India Inc. On the Move’ powered by Rockwell Automation. This collaboration featured both players leverage their strengths– of being a leader in the business news sector with the other featuring its most-experienced anchors in the summit held on September 2-3, 2020. The summit witnessed several power packed sessions featuring eminent personalities across sectors delve deep into its theme, ‘Getting the Indian manufacturing diaspora on global center stage’.

    The event offered attendees an in-person experience in a virtual environment that gave them the opportunity to directly interact with top business leaders across industries, thereby creating a network of like-minded individuals and connecting themselves with other attendees across the globe. With the aim to help industries strengthen their manufacturing expertise by taking the next big step in their journey of digital transformation, the summit uncovered the growing impact of technology and its relevance on business improvement and emphasizes its role in charting new avenues and creating fresh opportunities to overcome unprecedented challenges.

    The initiative saw the combined editorial prowess of both the platforms, as industry revered anchors Shereen Bhan, Sonia Shenoy amongst others lead the panel discussions in the summit.  Adding immense value and perspective, these virtual sessions catered to a host of diverse sectors that included Life Sciences, chemical & heavy industries, Auto and FMCG sectors. Sharing first-hand experiences from their organizational point of view, the event witnessed veterans such as Scott Wooldridge, President APAC, of Rockwell Automation enlightened the audiences by presenting them a scope of growth for their businesses. In addition to this, other speakers like Dileep Mangsuli, CTO, of GE Healthcare, Mayank Singhal, CMD of PI Industries, Venkatesh Natarajan, CDO of Ashok Leyland, and many more, parsed valuable insights around digital transformation in the manufacturing space, the emergence of Big Data & AI in R&D, facilitating real-time worker assistance and virtual training and the advantages of implementing end-to-end automation.

    With the aim to organize knowledge sharing and insightful sessions, Rockwell Automation, a global and thought leader in industrial automation and digital transformation has employed approximately 23,000 problem solvers dedicated to their customers in more than 100 countries, to empower businesses processes and has supported this initiative by bringing together expertise from various industries under one platform/roof.

    If you missed the summit, watch it on:  https://indiainconthemove.nowvirtual.live/login.aspx

  • Moneycontrol hosts some of the biggest minds across globe to discuss the aftereffects of COVID-19 in India’s largest Virtual Summit

    Moneycontrol hosts some of the biggest minds across globe to discuss the aftereffects of COVID-19 in India’s largest Virtual Summit

    As the world combats the COVID-19 pandemic; industries, and organizations have come to an uncertain operational halt. Taking primacy across the professional world, moneycontrol, India’s leading business and finance platform in association with Salesforce, introduced India’s maiden large-scale Virtual Summit – ‘The Future of Indian Industry’ with pioneering industry leaders. The back-to-back webinars focused on various sectors and provided effective and productive strategies of the new realities in the post COVID-19 world along with its impact on organizations, businesses and economy. Garnering support from across the country, the webinar recorded over 4000 concurrent users attending the summit with an average watch duration of over an hour. Staying true to its commitment, the platform has left no stone unturned in providing businesses, industries and consumers stay abreast to the latest trend and ongoing situation of the global economy.

    Aimed at raising awareness amongst the audiences about the disruption in the business and economy the panelists spoke on various topics that included – ‘Disruption is the new normal for businesses and commerce – Technology a key component in navigating new normal at the workplace’, ‘Work From Home – the new reality to benefit top line and environment?’, ‘The impact of COVID 19 on the overall manufacturing and consumer goods industry’. The discussions touched upon how supply chains across manufacturing industries have faced a big-blow and the relevance of state-of-the-art technology in creating more effective solutions. In addition, it also laid impetus on the need to re-strategize business operations, enhance digital capabilities across verticals, and explore new workforce, expanding the geographic horizon for growth. Adhering to its motto, the platform has been a pioneer in conveying and sharing knowledge with the audience through innovative initiatives such as Road safety event in the presence of Minister Nitin Gadkari, Road Transport & Highways of India and SME Round-Table conference which presented budding entrepreneurs with long-term growth strategy.

    Hosted by Sakshi Batra, News Anchor and Gaurav Choudhury – Deputy Executive Editor at moneycontrol along with Mridu Bhandari – Editor – Special Projects – Network 18 Media, the webinar lasted for 3 hours and 35 minutes. The summit saw the presence of 16 industry experts from various sectors along with the Keynote speaker Ravi Shankar Prasad, Union Minister – Law and Justice, Electronics, Information Technology & Communications. Alongside, there were panel discussions with Abhishek Singh, CEO, MyGov; Kamal Kanth, Regional Vice President, MMGB, Salesforce; Ramanan Ramanathan, Mission Director, Atal Innovation Mission & Additional Secretary- NITI Aayog; Sangeeta Gupta of NASSCOM; Kaustubh Sonalkar of Essar Foundation and Saurabh Goel of Havells India among others.

    Ranjita Sehgal, Revenue Head, moneycontrol explained, “Technology has been instrumental in providing a directive for what the future might hold in post-covid world. Known as leaders in both B2B and B2C space, we provide a platform for enterprises as well as general public and are delighted that this virtual summit was received so well by the audience. We aim to hold more of such virtual summits, catering to businesses and consumers across sectors that include SME, healthcare, pharma, automation in manufacturing, supply chain logistics, real estate, enterprise technology solutions, BFSI, Start-ups and Fintech amongst others.” 

    Furthermore, to their offerings, moneycontrol hosts exclusive webinars for its premium users on its subscription-based platform called Moneycontrol Pro which has recorded an incredible 2,00,000 active paid subscribers. With exemplary content and engaging initiatives, the platform hosts exclusive webinars for its premium users every now and then.

    The virtual summit can be watched on: https://www.youtube.com/watch?v=JsBmAN-_T0w

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  • 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.

  • CNBCTV18 Digital’s Ranjita Sehgal appointed as the revenue head for Moneycontrol

    CNBCTV18 Digital’s Ranjita Sehgal appointed as the revenue head for Moneycontrol

    MUMBAI: Moneycontrol, financial and business news platform on Network18, has appointed Ranjita Sehgal as the revenue head. Ranjita’s responsibilities in her new role will be focused on revenue generation and growth marketing strategy of the platform.

    Sehgal was the business head of CNBCTV18 Digital, where she led the business from its inception, delivering strong revenues and overall growth for the brand.

    With over 20 years of industry experience, Sehgal is known to be an innovative and focused business leader. Her prolific experience in the new-age and digital media industry has seen her work with popular brands that include Times, Sify, Yahoo, and Rediff.com, amongst others.

    Ranjita Sehgal says: “The world today is immensely dynamic and business leaders are facing unexpected challenges that are beyond their imagination. Good products and good business ethics are ruling the roost. Moneycontrol has been a pioneer in the digital business and finance industry for more than two decades. We seek to continue in our endeavour to constantly keep up with the changing times and offer distinctive and innovative offerings to our audience. Elated to join Moneycontrol at a time when the digital revolution is at its peak and we are still in wonder of its utility and services. I look forward to contributing wholesomely and meaningfully towards its success, especially in these ever-evolving situations.” 

    The digital platform provides a distinctive, incisive and a comprehensive repository of information and offerings on the financial and business industry.

  • 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.

  • Poker for People: Moneycontrol introduces first online, offline tournament

    Poker for People: Moneycontrol introduces first online, offline tournament

    MUMBAI: Moneycontrol, a business and financial online platform of Network18, has joined hands with The Spartan Poker, an online gaming platform to announce ‘Poker for People’.

    A one-of-a-kind competition, Moneycontrol introduced an online and offline poker championship to its users for the very first time. The tournament, with a prize of Rs 25 lakh will offer the poker enthusiast a chance to try their luck at the table and take home a cash prize.

    With the game of poker being highly skill-based that requires utmost foresight, planning and the ability to take calculative risks, Moneycontrol draws a parallel between the card game and the stock market for their audience.

    To participate, one can register themselves on a page created on the Moneycontrol website. This will avail them a ticket to the live game to be held in Mumbai on 29 March 2020. The top 20 players from each qualifier will get guaranteed seats at the main event.

    Each of these 16 qualifiers will be a freezeout tournament, indicating a win-or-bust format, which won’t allow a contestant the option for a re-buy should they lose. These 16 rounds will see a total of 320 players qualify for Main Event.

    Moneycontrol’s business head Gautam Shelar, said, “Moneycontrol, as a brand, believes in empowering its audiences with the latest financial know-how and equip them with information and advice that will help them make smarter and better investment decisions.”

    He added, “Poker is purely a skill-based mind game where the outcomes are decided by the aptitude and analytical capability of the player, which is extremely similar to the stock market. In addition to their stellar poker skills, we are confident that with the lessons learned through their stock market dealings and investments, participants shall use these experiences as well as they look to take home the grand prize.”

  • Moneycontrol brings India’s Biggest Virtual Trading Game – Moneybhai

    Moneycontrol brings India’s Biggest Virtual Trading Game – Moneybhai

    MUMBAI: Moneycontrol, India’s leading financial platform, introduces a powerful, modern stock simulator — Moneybhai; a unique investing simulation platform aimed at giving an opportunity to learn trading by experiencing markets in real time with real data using virtual currency.  The platform seeks to provide hands-on experience & learnings of the market by allowing users to make risk-free investments. 

    With an aim to inculcate the quality of risk-taking and to advocate the ability to learn finance, the investing stimulation platform targets newly turned investors in the age-group of 18- 34. It will use real data from stock markets to reproduce the experience of using a real online brokerage account. The functioning of Moneybhai will see every player receive virtual money of INR 1 crore in their portfolio account with a maximum limit for trading set at INR 1 crore per day. With the use of their capital, these players will be able to invest in different assets like commodities, mutual funds, fixed deposits & shares. Should one not like their trading options and decisions made, Moneybhai will also give users the liberty to reset their portfolio back to the original price of INR 1 crore.

    Moneybhai provides a host of unique features which promises an interactive and engaging trading experience for the users. They include:

    ·         My Investments – Featuring the portfolio, transaction history and profit and loss statement, this feature provides the players access to all information related to equity, debt and the mutual funds that they invest in

    ·         Transact – This section aids in investing into different asset classes across equity, debt and balanced funds as preferred by every user

    ·         Leagues – Enables the users to invite their friends to form a league, allowing a small group or community to compete against each other

    ·         Leaders – Highlights the players who are currently leading the table

    ·         Learn – Educates the players on the basic investing strategies of the stock market

    ·         Rules – This section displays the rules to play the game

    Speaking about Moneybhai, Moneycontrol Business Head Gautam Shelar said, “Moneybhai is yet another attempt towards preparing and informing our users about the financial know-how of the Indian stock market, in a secure artificial setting. Moneycontrol has been able to stay ahead of the game through a host of innovations and services using the best of technology. Taking into account the ever-changing preferences of our audiences, the modern-day stock simulator seeks to make it a seamless and interactive user experience. The extensive information produced by us, which is at the users’ disposal, will continue to educate our users. This will lead to them eventually being prepared for trading in the real stock market over the due course of time and aid them towards making better investment decisions.”

    Users can enjoy the Moneybhai experience by visiting their website: https://moneybhai.moneycontrol.com/

  • New India’s Budget with fresh ideas, methods and solutions analyzed and simplified by Moneycontrol

    New India’s Budget with fresh ideas, methods and solutions analyzed and simplified by Moneycontrol

    MUMBAI: The upcoming 90th Union Budget carries the expectations of more than a million people. Presented by the country's first female finance minister, Nirmala Sitharaman, on July 5, the budget seeks to lay down the PM's focus on the vision of a New India. The budget with a focus to resolve pressing issues aims to propel the nation towards progress and formulate new solutions for existing policies and reforms. Recognized as the go-to-destination for one and all on Budget Day, moneycontrol endeavors to provide its users an expert-led and data-driven analysis of the budget for its audience. Following the phenomenal viewership of its reportage on the earlier editions of the Budget, this year, moneycontrol with #TheNewIndiaBudget will present its discerning readers with real-time, in-depth analysis of the budget.

    Regarded as the foundation for the growth of New India, the first budget post the largest democratic election is expected to be an innovative/ disruptive echo of the interim budget with specific attention towards social welfare. Moneycontrol, as the market leader in the finance and business news sector will bring together industry veterans and thought leaders to present insightful and in-depth analytical inputs. Charting out the country's economic future for the next year, moneycontrol, will offer its audience an unrivalled round-the-clock coverage to cover the impact and effect both in the short term and the long term.

    In addition to finance sector, moneycontrol will also highlight the reforms and policies that the government has in store regarding jobs, taxes, farmers and households and will feature critical issues that require immediate attention and amendments. Battling the war of eyeballs, moneycontrol will cement its foundation as the foremost leader by laying impetus towards financial literacy and raising audiences’ awareness of the larger ramifications thereby allowing the investor to make better informed decision.

    Commenting on this Mr. Gautam Shelar, Business Head, moneycontrol said, “The upcoming budget is set to be of immense importance due to the task at hand for the government to resolve the issues that the country faces, in addition to aligning to the PM's vision of a New India. Through #TheNewIndiaBudget, we, at moneycontrol, want to let our audiences know in the best ways possible about the innovation and novelty that the government aims to bring in the form of new ideas, methods and solutions that will take them one step closer towards a New India. With audiences seeking information on such an important day, it is necessary that we decode policies and reforms in a manner that they find easy to grasp and understand in a convenient format. With the customer at the very core of what moneycontrol stands for, we once again endeavor to make a mark as experts in the field of finance and business on one of the biggest days for the country's economic future."

  • Network18 Digital CEO Manish Maheshwari departs

    Network18 Digital CEO Manish Maheshwari departs

    MUMBAI: Network18 Media & Investments Ltd’s Digital CEO Manish Maheshwari is set to depart from his role at the company.

    Maheshwari is currently serving his notice period, sources confirm in the organisation.

    Allied for more than two years with Network18, he had joined the company in April 2016. As Network18 Digital’s CEO, he managed the digital estates which included Firstpost, News18, Moneycontrol, CNBC-TV18, In.com and CricketNext.

    Maheshwari had worked with Flipkart before joining Network18 where he headed the merchant business and seller ecosystem.

    Previously, he also worked with Intuit as GM and managing director of txtWeb, also has the experience with companies such as McKinsey and Procter & Gamble.