ITV

Tag: Pramod Bhasin

  • Seqrite and DSCI launch the India Cyber threat Report 2023

    Seqrite and DSCI launch the India Cyber threat Report 2023

    Mumbai: Seqrite, the enterprise arm of global cybersecurity solutions provider, Quick Heal Technologies Limited, in collaboration with the Data Security Council of India (DSCI) has released a much-anticipated India Cyber Threat Report 2023 at the Nasscom-DSCI Annual Information Security Summit 2023. The report was launched by Vishal Salvi, CEO of Quick Heal, Pramod Bhasin Chairman Data Security Council of India and Vinayak Godse, CEO of DSCI in presence of Shri S. Krishnan, secretary, and ministry of electronics & information technology. The joint report is a first-of-its-kind initiative specifically tailored for the Indian cybersecurity ecosystem.

    The comprehensive threat report is the result of a collaborative effort between Seqrite and DSCI, leveraging the invaluable insights gleaned from Seqrite Labs, the country’s malware analysis lab. It aims to empower businesses with India-centric knowledge and actionable recommendations to fortify their cybersecurity posture. The report stands as a testament to the diligence and dedication of Seqrite’s researchers and experts. Their efforts had enabled the compilation of a thorough analysis of cyber threats in the Indian landscape, drawing on a wealth of data, statistics, and telemetry from approximately 8.5 million endpoints.

    The report includes a detailed exploration of the geographic and sectoral impact of cyber threats, unveiling the top states, cities, and industries targeted throughout the year. On the Android front, it sheds light on a significant increase in Adware and Potentially Unwanted Applications (PUAs). Shockingly, fake and malicious applications hosted on the Google Play Store have been downloaded by millions of users, including SpyLoan apps, fake apps, HidAdd apps, and more.

    Commenting on the release of the report Quick Heal Technologies Limited, chief executive officer Vishal Salvi said, “Today’s cyber landscape demands collaborative efforts and innovative solutions. Drawing upon extensive research from India’s largest malware analysis lab, Seqrite Labs, and our domain expertise spanning three decades, this first-ever in-depth India-centric threat report not only deep dives into the threat landscape but also provides actionable insights to stay a step ahead of cyberattacks. At Seqrite, we deeply understand the challenges faced by Chief Information Security Officers (CISOs) and Chief Information Officers (CIOs) for businesses across. Therefore, as India’s only full-stack enterprise cybersecurity solutions provider, we offer integrated, modular, scalable, sentient, and easy-to-deploy & operate solutions. As guardians of the critical infrastructure of our nation, safeguarding its digital backbone is not just a responsibility for us; it’s a commitment to ensuring its resilience in the face of evolving threats.

    I extend heartfelt thanks to DSCI and our experts at the Labs for their unwavering commitment to creating excellence in cybersecurity and all their efforts to transform the ecosystem. Together, we stand united to create a secure digital world for all”.

    Data Security Council of India chief executive officer Vinayak Godse commented, “Cybersecurity has ascended as a strategic concern at the board level owing to the multifaceted nature of cyber threats and the escalating monetary implications stemming from data breaches. Malware stands as a significant threat with cybercrime engineering becoming increasingly intricate with diverse attack methodologies. Additionally, ransomware authors continually evolve their methodologies and employ sophisticated techniques to evade traditional signature-based detection which is evident in the Malware vs. Ransomware incident ratio findings. The report provides broad understanding of the current threat landscape in the Indian context with predictions for the upcoming year. I hope it serves as a strategic guide for organizations and cybersecurity leaders to navigate the digital landscape with resilience. I would like to extend my thanks to the entire Seqrite team for collaborating with us to bring out the threat landscape in a comprehensive manner.”

    Report Link:  https://www.dsci.in/resource/content/india-cyber-threat-report-2023

  • Q3-2016: NDTV’s YoY revenue flat, operating loss lower

    Q3-2016: NDTV’s YoY revenue flat, operating loss lower

    BENGALURU: New Delhi Television Limited (NDTV) reported flat (down one per cent) year-on year (YoY) Total Income from Operations (TIO) for the quarter ended 31 December, 2015 (Q3-2016, current quarter). NDTV reported TIO of Rs 148.41 crore for Q3-2016 as compared to Rs 149.93 crore and 16.3 per cent higher QoQ growth as compared to Rs 127.60 crore.

    Note: 100,00,000 = 100 lakh = 10 million = 1 crore

    All numbers In this report are consolidated unless stated otherwise.

    The company reported a lower operating loss (EBIDTA) of Rs 4.45 crore in Q3-2016 as compared to an operating profit of Rs 13.44 crore (nine per cent margin) in Q3-2015 and an operating loss of Rs 10.91 crore in Q2-2016.

    The company reported a net loss of Rs 12.54 crore as compared to a profit after tax of Rs 1.58 crore (1.1 per cent margin) in Q3-2015 and a higher net loss of Rs 17.19 crore in the immediate trailing quarter.

    Television Media and related operations segment:

    Television Media and related operations (Television segment) also include numbers from the company’s Digital business. Television segment reported 2.2 per cent YoY revenue growth at Rs 147.96 crore as compared to Rs 144.74 crore and 18.1 per cent QoQ revenue growth and that of Rs 125.25 crore in the immediate trailing quarter.

    The segment reported operating loss of Rs 3.44 crore in the current quarter as compared to an operating profit of Rs 13.41 crore in Q3-2015 and a higher loss of Rs 8.41 crore in the immediate trailing quarter.

    Retail/E-Commerce segment:

    NDTV’s Retail/E-commerce segment reported lower revenue of Rs 3.85 crore in the current quarter as compared to Rs 6.06 crore in Q3-2015 and revenue of Rs 3.95 crore in Q2-2016. The segment reported a higher operating loss of Rs 6.50 crore in Q3-2016 as compared to an operating loss of Rs 6.02 crore in Q3-2015 and a higher operating loss of Rs 10.89 crore in Q2-2016.

    Let us look at the other numbers reported by NDTV:

    Total Expenditure (TE) in the current quarter increased 9.6 per cent YoY to Rs 159.89 crore (107.7 per cent of TIO) as compared to Rs 145.94 crore (97.3 per cent of TIO) and increased 7.5 per cent as compared to Rs 148.77 crore (116.6 per cent of TIO) in Q2-2016.

    NDTV’s consolidated Production Expense increased 6.3 per cent YoY to Rs 30.42 crore (20.5 percent of TIO) as compared to Rs 28.63 crore (19.1 per cent of TIO) and increased 7.5 per cent as compared  Rs 27.41 crore in Q2-2016.

    The company’s marketing, distribution and promotional expense (Marketing expense) in the current quarter increased 18.1 per cent YoY to Rs 36.50 crore (24.6 per cent of TIO) and increased 20.5 per cent as compared to Rs 30.28 crore (23.7 per cent of TIO) in the immediate trailing quarter. 

    NDTV’s Employee Benefit Expense increased 9.7 per cent YoY in the current quarter to Rs 50.72 crore (34.2 per cent of TIO) as compared to Rs 46.24 crore (30.8 per cent of TIO) and increased 6.5 per cent as compared to Rs 47.63 crore (37.3 per cent of TIO).

    Operating and administration expenses in Q3-2016 increased 24.8 per cent YoY to Rs 34.60 crore (23.3 per cent of TIO) as compared to Rs 27.73 crore (18.5 per cent of TIO) and grew 10.1 per cent QoQ as compared to Rs 31.42 crore (24.6 per cent of TIO).

    Finance Costs in the current quarter increased 4.8 per cent YoY to Rs 5.49 crore (3.6 per cent of TIO) as compared to Rs 5.05 crore (3.4 per cent of TIO) and increased 1.1 per cent QoQ as compared to Rs 5.23 crore (3.6 per cent of TIO).

    Company speak:

    The company says that two start-ups have been funded:

    BandBaajaa.com – designed to launch NDTV into the online wedding and festival planning market was funded by leading US venture capital firm CerraCap Ventures at a valuation of $20 million.

    SmartCooky.com – NDTV’s foray into creating an online marketplace for health foods & personal care products raised funding from VLCC founder Vandana Luthra and others at a valuation of $12 million.

    Gadgets360.com – NDTV’s Gadget Portal

    NDTV says Gadgets360’s e-commerce business clocked product sales of Rs 21 crore till January 2016 within two months of the launch while maintaining a positive contribution margin. NDTV says that Gadget360 shipped more than 20,000 gadgets during the aforesaid period.

  • Q3-2016: NDTV’s YoY revenue flat, operating loss lower

    Q3-2016: NDTV’s YoY revenue flat, operating loss lower

    BENGALURU: New Delhi Television Limited (NDTV) reported flat (down one per cent) year-on year (YoY) Total Income from Operations (TIO) for the quarter ended 31 December, 2015 (Q3-2016, current quarter). NDTV reported TIO of Rs 148.41 crore for Q3-2016 as compared to Rs 149.93 crore and 16.3 per cent higher QoQ growth as compared to Rs 127.60 crore.

    Note: 100,00,000 = 100 lakh = 10 million = 1 crore

    All numbers In this report are consolidated unless stated otherwise.

    The company reported a lower operating loss (EBIDTA) of Rs 4.45 crore in Q3-2016 as compared to an operating profit of Rs 13.44 crore (nine per cent margin) in Q3-2015 and an operating loss of Rs 10.91 crore in Q2-2016.

    The company reported a net loss of Rs 12.54 crore as compared to a profit after tax of Rs 1.58 crore (1.1 per cent margin) in Q3-2015 and a higher net loss of Rs 17.19 crore in the immediate trailing quarter.

    Television Media and related operations segment:

    Television Media and related operations (Television segment) also include numbers from the company’s Digital business. Television segment reported 2.2 per cent YoY revenue growth at Rs 147.96 crore as compared to Rs 144.74 crore and 18.1 per cent QoQ revenue growth and that of Rs 125.25 crore in the immediate trailing quarter.

    The segment reported operating loss of Rs 3.44 crore in the current quarter as compared to an operating profit of Rs 13.41 crore in Q3-2015 and a higher loss of Rs 8.41 crore in the immediate trailing quarter.

    Retail/E-Commerce segment:

    NDTV’s Retail/E-commerce segment reported lower revenue of Rs 3.85 crore in the current quarter as compared to Rs 6.06 crore in Q3-2015 and revenue of Rs 3.95 crore in Q2-2016. The segment reported a higher operating loss of Rs 6.50 crore in Q3-2016 as compared to an operating loss of Rs 6.02 crore in Q3-2015 and a higher operating loss of Rs 10.89 crore in Q2-2016.

    Let us look at the other numbers reported by NDTV:

    Total Expenditure (TE) in the current quarter increased 9.6 per cent YoY to Rs 159.89 crore (107.7 per cent of TIO) as compared to Rs 145.94 crore (97.3 per cent of TIO) and increased 7.5 per cent as compared to Rs 148.77 crore (116.6 per cent of TIO) in Q2-2016.

    NDTV’s consolidated Production Expense increased 6.3 per cent YoY to Rs 30.42 crore (20.5 percent of TIO) as compared to Rs 28.63 crore (19.1 per cent of TIO) and increased 7.5 per cent as compared  Rs 27.41 crore in Q2-2016.

    The company’s marketing, distribution and promotional expense (Marketing expense) in the current quarter increased 18.1 per cent YoY to Rs 36.50 crore (24.6 per cent of TIO) and increased 20.5 per cent as compared to Rs 30.28 crore (23.7 per cent of TIO) in the immediate trailing quarter. 

    NDTV’s Employee Benefit Expense increased 9.7 per cent YoY in the current quarter to Rs 50.72 crore (34.2 per cent of TIO) as compared to Rs 46.24 crore (30.8 per cent of TIO) and increased 6.5 per cent as compared to Rs 47.63 crore (37.3 per cent of TIO).

    Operating and administration expenses in Q3-2016 increased 24.8 per cent YoY to Rs 34.60 crore (23.3 per cent of TIO) as compared to Rs 27.73 crore (18.5 per cent of TIO) and grew 10.1 per cent QoQ as compared to Rs 31.42 crore (24.6 per cent of TIO).

    Finance Costs in the current quarter increased 4.8 per cent YoY to Rs 5.49 crore (3.6 per cent of TIO) as compared to Rs 5.05 crore (3.4 per cent of TIO) and increased 1.1 per cent QoQ as compared to Rs 5.23 crore (3.6 per cent of TIO).

    Company speak:

    The company says that two start-ups have been funded:

    BandBaajaa.com – designed to launch NDTV into the online wedding and festival planning market was funded by leading US venture capital firm CerraCap Ventures at a valuation of $20 million.

    SmartCooky.com – NDTV’s foray into creating an online marketplace for health foods & personal care products raised funding from VLCC founder Vandana Luthra and others at a valuation of $12 million.

    Gadgets360.com – NDTV’s Gadget Portal

    NDTV says Gadgets360’s e-commerce business clocked product sales of Rs 21 crore till January 2016 within two months of the launch while maintaining a positive contribution margin. NDTV says that Gadget360 shipped more than 20,000 gadgets during the aforesaid period.

  • VLCC’s Vandana Luthra invests in NDTV’s Smartcooky.com

    VLCC’s Vandana Luthra invests in NDTV’s Smartcooky.com

    MUMBAI: VLCC founder Vandana Luthra has invested an undisclosed amount in NDTV’s e-commerce platform Smartcooky.com.

    The company has previously raised funds from multiple investors, which values the startup at $12 million. 

    The platform will sell healthy foods and personal care products across the country and is based on the network’s current food website,www.food.ndtv.com. The funding for the platform, which claims to have over three million unique visitors a month, has come through NDTV’s subsidiary SmartCooky Internet Limited.

    The new content site will help in making healthy choices in the daily life by offering a well chosen selection of quality products.

    Speaking on the investment, NDTV Group executive co-chairperson Dr. Prannoy Roy said, “We are delighted to have Mrs. Vandana Luthra, a pioneer in the field of wellness, as an investor in Smartcooky. We see this alliance as a strategic one, where both parties are bound to gain.”

    On this new deal, Smartcooky director Seema Chandra added, “We are very pleased to have Mrs. Luthra as our investor, as she brings on board a wealth of knowledge about the well ness space from a global perspective and would give SmartCooky a strategic edge in this high growth market. She will join the other marquee investors on Smartcooky and mentor the business as we move a long.”

    Luthra said, “The health and wellness industry is growing rapidly and is very dynamic. Having been in the industry for 26 years, I believe that there is a need for such a platform, which can inform on and deliver quality health and wellness products to consumers and further grow the market. I look forward to working with the Smartcooky team and wish them the very best.”

    “Baseline is delighted to facilitate Mrs. Vandana Luthra’s association with the Smartcooky venture of NDTV. Mrs. Luthra has revolutionised the concept of wellness in our country and with her coming on board of this exciting new venture of NDTV, it will surely be a great symbiotic relationship between them,” voiced NDTV’s online wedding market Baseline Ventures MD Tuhin Mishra.

    Smartcooky’s other investors include Google VP and MD South East Asia and India Rajan Anandan, Genpact former president and CEO Pramod Bhasin, Manipal Group Education chairman Siddarth Pai and Unilever executive board member Manvinder Singh Banga.

  • VLCC’s Vandana Luthra invests in NDTV’s Smartcooky.com

    VLCC’s Vandana Luthra invests in NDTV’s Smartcooky.com

    MUMBAI: VLCC founder Vandana Luthra has invested an undisclosed amount in NDTV’s e-commerce platform Smartcooky.com.

    The company has previously raised funds from multiple investors, which values the startup at $12 million. 

    The platform will sell healthy foods and personal care products across the country and is based on the network’s current food website,www.food.ndtv.com. The funding for the platform, which claims to have over three million unique visitors a month, has come through NDTV’s subsidiary SmartCooky Internet Limited.

    The new content site will help in making healthy choices in the daily life by offering a well chosen selection of quality products.

    Speaking on the investment, NDTV Group executive co-chairperson Dr. Prannoy Roy said, “We are delighted to have Mrs. Vandana Luthra, a pioneer in the field of wellness, as an investor in Smartcooky. We see this alliance as a strategic one, where both parties are bound to gain.”

    On this new deal, Smartcooky director Seema Chandra added, “We are very pleased to have Mrs. Luthra as our investor, as she brings on board a wealth of knowledge about the well ness space from a global perspective and would give SmartCooky a strategic edge in this high growth market. She will join the other marquee investors on Smartcooky and mentor the business as we move a long.”

    Luthra said, “The health and wellness industry is growing rapidly and is very dynamic. Having been in the industry for 26 years, I believe that there is a need for such a platform, which can inform on and deliver quality health and wellness products to consumers and further grow the market. I look forward to working with the Smartcooky team and wish them the very best.”

    “Baseline is delighted to facilitate Mrs. Vandana Luthra’s association with the Smartcooky venture of NDTV. Mrs. Luthra has revolutionised the concept of wellness in our country and with her coming on board of this exciting new venture of NDTV, it will surely be a great symbiotic relationship between them,” voiced NDTV’s online wedding market Baseline Ventures MD Tuhin Mishra.

    Smartcooky’s other investors include Google VP and MD South East Asia and India Rajan Anandan, Genpact former president and CEO Pramod Bhasin, Manipal Group Education chairman Siddarth Pai and Unilever executive board member Manvinder Singh Banga.

  • NDTV’s Gadgets 360° secures investment from Paytm’s parent co

    NDTV’s Gadgets 360° secures investment from Paytm’s parent co

    MUMBAI: One97 Communications, owner of consumer brand Paytm, has invested in NDTV’s e-commerce venture Gadgets 360°. 

     

    Additionally, NDTV has also appointed Bhawna Agarwal as CEO of Gadgets 360°.

     

    “NDTV Gadgets has always been the most credible go-to-destination for all gadget enthusiasts in India and it is very exciting to see them move to a transactional model with Gadgets 360°. We are looking forward to partnering them in this journey and creating a compelling market-place experience which marries content, curation and commerce,” said One97 & Paytm founder Vijay Shekhar Sharma.

     

    Gadgets 360° has raised funding at a valuation of close to $50 million. Other investors include Inflexionpoint co-founder John Scully, Genpact founder Pramod Bhasin, Sixth Sense Ventures founder Nikhil Vora, former Unilever chairman Vindi Banga and M&S Partners founder and director Hiro Mashita.

     

    Sixth Sense Ventures founder & CEO Nikhil Vora said, “I am most excited to be investing in Gadgets 360°, which has a unique model of being the only curated launch platform for all gadgets. With over 3,000 gadgets launched every year in India, I believe that there is a case for a credible platform to become the brand, which we see in the form of Gadgets 360°.” 

     

    NDTV Convergence chief technology officer Kawaljit Singh Bedi said, “I am personally very excited to have such great investors in Gadgets 360° and to leverage their experience in building this into a large and meaningful business in India and globally. The investors have been pioneers in their field and with their incredible knowledge of building big businesses, they will be crucial for our success.”

     

    The company’s new CEO Agarwal has over 16 years of experience in leading start-ups of the country. She has been instrumental in setting and scaling up brands such as Yatra.com, Seventymm among others. She has been associated with Luxury Retail in the past and is also on the advisory boards of OYO Rooms, Venture Fund among others.

     

    “NDTV Gadgets is a very popular and well respected platform amongst gadget lovers in India and is at a very interesting stage from where it can scale up very well. The new platform will be the game changer for the category and I am very excited to be a part of this journey to help take the category to the next level,” added Agarwal.

     

    NDTV Group CEO Vikram Chandra said, “Gadgets has become one of the most exciting areas of expansion for the NDTV Group. We had built a powerful brand connect in this thanks to our digital platform NDTVGadgets.com and our TV programming, with popular shows like Gadget Guru and Cell Guru. I am delighted to welcome Paytm and Vijay Shekhar Sharma, as an investor in Gadgets 360°.”

  • NDTV and Genpact tie-up for outsourcing media and entertainment services

    NDTV and Genpact tie-up for outsourcing media and entertainment services

    MUMBAI: Outsourcing is no longer restricted to IT, as it now enters global marketing. The Prannoy Roy promoted NDTV Ltd has entered this arena of outsourcing by forging an alliance with Genpact (formerly GE Capital International Services) to offer media outsourcing services to enterprises worldwide.

    With the emergence of digital technologies looking at revolutionising the media and entertainment market, the alliance between the NDTV and Genpact will focus on providing cost effective, high quality media services to global and regional media and entertainment companies in areas like editing, digitisation and closed captioning, according to a posting on the Bombay Stock Exchange (BSE) site.

    According to a press release posted on ndtvprofit.com, the joint venture aims to deliver value and business impact to global media and entertainment customers. The venture will combine NDTV’s brand image, domain knowledge and world-class media skill sets with Genpact’s offshore experience, global delivery capabilities, sales and marketing infrastructure, and reputation for operational excellence.

    “We are very excited about this new venture and believe that there are significant untapped opportunities around the world. We hope to break new frontiers and push India’s media envelope even further,” said Roy.

    “Our partner, Genpact and their outstanding experience and reputation in global business processes, combined with NDTV’s commitment to quality and cutting-edge technology, should deliver significant value for media and entertainment players around the world,” Roy added.

    Genpact president Pramod Bhasin said, “This is a landmark deal, the first of its kind to offer outsourcing solutions for the media industry. Through our partnership with NDTV, our customers will gain access to customized solutions and be able to further benefit from our global expertise and cost-effective service delivery.

    He added, “With 20 years of experience, NDTV’s domain knowledge will provide this venture a solid foundation to pursue opportunities in the growing media space.”

    The entire Global Media & Entertainment Industry was estimated at $1,340 billion at the end of 2005 and is expected to grow to $1,777 billion by end of 2009. In addition, there are a number of drivers that are changing the dynamics for the industry, such as the increasing prevalence of HDTV, digital content and on-demand programming.

    The changing dynamics have created a need for media companies to ensure that their content is digitized and available for customers to access and use. There is also pressure on media companies globally to cut costs and outsourcing is one of the established means to achieve this.

    The venture between NDTV and Genpact will be the first to offer tailored outsourcing solutions to the media industry, allowing companies to respond to these changes quicker, faster and cheaper than would otherwise be possible.

    General Electric Co. (GE) had spun off its outsourcing subsidiary, Genpact, two years ago. With a direct sales network spanning Europe, North America and Asia and headquartered in Gurgoan, Genpact has operations centers across India as well as in China, Hungary, Romania, the United States and Mexico.

    Genpact provides a wide range of outsourcing services including sales and marketing analytics, customer services, supply chain and aftermarket services, financial services core operations, financial services collections, finance and accounting, information technology services and enterprise application services and program management solutions.