Tag: Shereen Bhan

CNBC TV-18’s expertise and specialization on tracking, analyzing and decoding the Budget has consistently evolved over the past 25 years: Shereen Bhan

Mumbai: Finance minister Nirmala Sitharaman’s seventh budget is anticipated to navigate delicately between stimulating consumption and boosting investment. While there might be a focus on immediate results through consumption-driven economic growth, achieving sustainable long-term prosperity demands a prioritization of investment. Investment not only fosters innovation and enhances infrastructure but also generates lasting employment opportunities, thereby fortifying economic resilience.

CNBC-TV18, India’s leading English Business news brand, under their Budget special “Go For Growth” theme and campaign, launched a special initiative called the ‘CNBC-TV18 Budget Box – Share Your Budget Wishlist for the FM’, that aims to resonates with the nation’s sentiment, providing a platform for citizens to express their expectations leading up to Budget 2024.

The Budget Box journeyed to multiple locations across Mumbai and Delhi, including various PVR cinema venues, prominent colleges such as KJ Somaiya Institute, Welingkar Institute of Management, New Delhi Institute of Management, JIMS, New Delhi, and 7/11 convenience stores. This extensive outreach also aims to engage with viewers in real-time, encouraging them to voice their budget wishlist.

Additionally, their virtual budget box on the website allowed their social media followers to participate by sharing their wishlist for this budget. People also had the opportunity to interact with CNBC-TV18 by using an interactive AR filter, thus enhancing their engagement. Through these efforts, they have successfully garnered over 3000 responses as part of the audiences’ budget wishlist from diverse demographics across cities.

Indiantelevision.com reached out to CNBC-TV18’s Managing Editor Shereen Bhan where she shared her insights, excerpts, and details on what one can expect from the upcoming union budget.

Edited excerpts

On CNBC-TV18 preparing for the upcoming budget and witnessing any significant changes in terms of tax policies or fiscal measures

Our preparation remains the same, ensuring we deliver timely and comprehensive analysis to our viewers in real-time. We decode the fine print and its implications with top voices and expert analysis, which continues to be our unique selling proposition (USP). We also ensure a diverse range of influential opinion makers from industry, policy, and politics contribute to our platform.

Regarding the upcoming budget, I do not anticipate any significant deviation in terms of fiscal math present during the interim budget. If anything, the government may improve the fiscal deficit number, buoyed by robust tax collections and substantial RBI dividends. While there’s speculation about populist schemes, we believe this expectation is somewhat exaggerated. Instead, the government is likely to introduce measures aimed at alleviating sector-specific challenges. Overall, we do not foresee a deviation presented during the interim budget by the government.

Key portfolios remain in the hands of the same ministers, signaling a consistent direction. This theme of continuity is expected to extend into the upcoming budget. Specific states like Andhra Pradesh and Bihar, crucial allies seeking assistance, may receive special considerations. With important elections in Maharashtra and Haryana looming, political factors could also influence budgetary decisions. Moreover, enhancing manufacturing and improving the ease of doing business are likely focal points for this budget.

On sectors you think will receive the most allocation in the budget

In recent years, the government has notably been specific with the investment in infrastructure through increased public spending, reaching historic highs. Expectations are high for this trend to continue, with calls from bodies like CII for even more substantial allocations than those in the interim budget. Manufacturing remains a key focus area, especially with existing PLI schemes in place. Anticipations include potential new policies aimed at attracting investments, particularly in sectors like medical device manufacturing. Overall, the government is set to prioritize further developments in the manufacturing sector.

Regarding consumption, industry stakeholders are urging the government to increase disposable income for consumers, possibly through tax relief—a move not recently seen. Whether such measures will feature in this post-election budget remains uncertain. Overall, stability and continuity are expected, with a renewed focus on established priority sectors such as semiconductors and initiatives like the AI roadmap. The allocation for electric vehicle mobility is eagerly awaited, highlighting key areas to watch in the upcoming budget.

On the budget addressing the common citizen’s concerns related to inflation and cost of living

The prices of goods, which are now more influenced by GST rather than the budget. However, expectations are high for the government to provide tax relief or revise tax slabs, offering benefits to taxpayers. Industry recommendations include increasing installments under schemes like PM Kisan Yojna for farmers. Overall, there is consensus that the budget must address the overarching issue of stimulating growth. A robust growth rate of 8-8 per cent or higher is seen as pivotal in addressing various economic challenges. Both industry and government messages emphasize a commitment to fostering growth, encapsulated within CNBC-TV18’s Budget special theme of “Go for Growth.” It is hoped that the budget will sustain and enhance the current growth momentum, leveraging India’s relative economic strength amidst global uncertainties.

On salaried class keeping high expectations from the budget over the years since last few budgets have been quite disappointing in terms of opportunities to optimise tax and potential for long term savings with higher returns

Considering historical trends, expectations for substantial tax relief should be moderated. The government has highlighted a shift away from exemptions towards a cleaner and simpler tax regime, possibly with lower tax rates. However, the challenge lies in convincing taxpayers to embrace these new schemes enthusiastically. The upcoming budget may aim to address this by introducing measures that make the new tax regime more appealing. This strategic approach reflects the government’s goal of encouraging widespread adoption of the revamped tax framework.

On the budget addressing issues related to foreign investment and global market integration

Once more, the government aims for continuity, particularly through initiatives like the PLI scheme, to integrate Indian industries into the global supply chain. The objective is to attract foreign direct investment, capitalising on the global trend of diversifying away from China. India seeks to position itself as a viable alternative, appealing to global companies looking to mitigate risks. Efforts will likely focus on bolstering specific industries based on recommendations, reinforcing India’s attractiveness for both manufacturing and servicing, and emphasising its role in global supply chains.

On the evolution of CNBC TV18′ approach to analysing critical areas of the budget

Our expertise and specialisation on the Budget have consistently evolved over the past 25 years, I think we have institutionalised the Budget coverage in the country. With vast experience garnered and muscle memory developed from covering numerous budgets, we bring real-time analysis that adds immediate value to our viewers. While others may publish insights hours later, our ability to provide timely perspective sets us apart. With our team collectively amassing hundreds of years of experience in live event tracking, particularly in budget analysis, we offer a unique and comprehensive perspective.

Every year we try to do something different. Every time we try to scale up our efforts. So through innovation, even the look and feel of our budget coverage has also evolved and transformed over the years. We don’t want to be another channel that covers the budget. We want to be the nation’s Budget Headquarters and we have been. If you look at our ratings in the last many years, you can see an unprecedented 90 per cent+ kind of dominance share and so we continue to take that job of bringing the budget headquarters to our audience very seriously and put our best put forward on air as well as off air.

July 20, 2024
CNBC-TV18’s Future. Female. Forward celebrates women leaders and impactful changes in Bengaluru

Mumbai: CNBC-TV18, a purpose-driven brand dedicated to promoting gender parity and empowering women leaders, proudly presents Future. Female. Forward Season 2: The Women’s Collective – Leadership Circle – Bengaluru Edition, presented by HSBC India. Following the success of Season 2’s launch in New Delhi and the Leadership Circle in Mumbai, this exclusive event was held on May 31, 2024, at Conrad, Bengaluru, India’s IT capital. This initiative aims to make gender parity a reality. Centered around the theme ‘Road Less Travelled’, the event showcased female entrepreneurs from various backgrounds, igniting meaningful conversations for change.

The evening was kickstarted with a meaningful opening note by CNBC-TV18 managing editor Shereen Bhan. She said “CNBC-TV18’s Future. Female. Forward celebrates success, recognizes achievement, and provides a platform to ask tough questions while seeking solutions. The evening unified women from different walks, brought together by their passion, perseverance, and self-belief. Over the past two years, the energy has remained consistent in rooms from Delhi to Davos. I believe it’s because every woman here is driven by a single purpose – to claim her story and openly share her hopes, fears, and learnings, hoping to open doors for the women who follow.”

This was followed by an impactful keynote address by HSBC India CEO Hitendra Dave where he said “I believe HSBC India and CNBC-TV18’s partnership is something we eagerly anticipate, take pride in, and feel privileged to have. We collaborate with many partners, but this one stands out because of our emotional commitment. When two emotionally committed organizations unite, the outcome is positive. What we are doing here, and what CNBC-TV18 is championing publicly, is bringing this conversation to the forefront. Are we achieving parity and equality of opportunity? Are there conscious or unconscious biases? Can we discuss these issues openly? If we succeed in that, the partnership will have achieved a significant part of its goal. We will look back with satisfaction, knowing we contributed to making this critical topic a subject of discussion in households, companies, families, societies, and programs like this.”

The first chat focused on the ‘Road Less Travelled’ where the panellists included The Live Love Laugh Foundation CEO Anisha Padukone as well as Dr Meeran Borwankar, Retd. IPS Officer. Elaborating further on the theme, Dr. Meeran Borwankar, Retd. IPS said, “It is important to have more women in the service. Currently, women constitute only 12%, and without more representation, female victims may not feel comfortable coming forward with their trauma and complaints. Although most states have reservations for women, families often hold them back from seizing these opportunities and advancing. By encouraging them, we can achieve at least 33% representation, which is the current reservation rate. To conclude, I quote Maya Angelou -“My mission in life is not merely to survive, but to thrive; and to do so with some passion, some compassion, some humour, and some style.”

This was followed by an insightful conversation on ‘Breaking Barriers, Bridging the Gap’ which included the speakers Vaishali Kasture, Co-Founder, SounderConnect; Shalini Kapoor, Chief Technologist APJ, Amazon Web Services; Pavitra Shankar, Executive Director, Brigade; Piyush Chopra, Vice President, RIL; Vinutha Rao M.S., Sr. Vice President, HCLTech; Kavita Chaturvedi, COO, Snacks Business, ITC Foods; and Nandita Sinha, CEO, Myntra.

In this panel, HCLTech Sr. vice president Vinutha Rao M.S. said, “You can’t always balance everything; you have to prioritize, and these priorities change at different stages of your life. Starting your career is different from becoming a mother. I’ve managed by staying focused and clear about my goals at each stage. This clarity gives you conviction and a sense of belonging, which leads to excellence. You’ll succeed when you’re clear and focused and give your best. This also empowers you to have a voice and be assertive. While microaggressions and other challenges exist in the industry, being clear about your stance and speaking up is crucial. Continuous learning is key, even if you can’t always pursue formal programs. The best way to learn is by listening to others, observing senior colleagues, or even learning from your kids, who offer fresh perspectives. Keeping an open mind helps you stay clear and balanced, enabling you to keep moving forward.”

Speaking about her experience ITC Foods COO Snacks Business Kavita Chaturvedi said, “My biggest challenge in FMCG was finding a clean washroom while traveling to various places, including upcountry markets, and it remains an issue. However, with more women in senior positions now, companies have begun providing sanitary kits and other products to frontline women, addressing some of these concerns. I hope this situation continues to improve.”

Adding to the conversation Myntra CEO Nandita Sinha said “I believe the core of our work, whether in FMCG, e-commerce, or new-age brands, is centred around women. Many of these businesses are designed for women, yet the decision-making roles often aren’t held by them. Over time, ambition and role models have become essential in empowering the younger generation of women, giving them the confidence to design their lives and aim high. Although the progress is gradual, we are witnessing more women in leadership roles. While they may not be at the CXO level or in deal-making positions yet, the trend is shifting. For example, women’s participation in e-commerce companies, like Myntra, has increased by 15%. To build businesses where at least 50% of customers are women, we need more women in boardrooms and decision-making roles, starting from the very beginning.”

The concluding session was ‘The Founders Forum; Dream Catchers’. The speakers for this impactful conversation were Sahar Mansoor, founder & CEO, Bare Necessities; Kavita Shenoy, founder & CEO, Voiro; Megha Asher, co-founder & COO, Juicy Chemistry; Malini Adapureddy, founder & CEO, Deconstruct; Private Equity Partnerships, Microsoft, and Lathika Pai, country head – Venture Capital and Private Equity Partnerships, Microsoft.

Venture Capital country head Lathika Pai added, “Twenty years ago when I embarked on my journey as an entrepreneur, there were very few female founders. Today, it’s remarkable to witness hundreds of women founders emerging from various backgrounds across India. What’s crucial is extending support to these women, particularly during the challenging phases from 0 to 1 and 1 to 10, where they require the most assistance. Although support remains necessary even after reaching 10, the journey becomes more exhilarating. In the early stages, self-doubt and external scrutiny are prevalent. During moments of uncertainty, having a supportive network becomes indispensable. It’s essential to have individuals who offer non-judgmental support and with whom you can candidly share your journey. I often share my entrepreneurial experiences, highlighting both the triumphs and setbacks. Moreover, having friends who comprehend your journey is invaluable. Our goal is to nurture such a supportive environment. Together, we aspire to assist 175 women founders initially and aim to expand our support to 1,000 founders. Even if their revenues are modest, collectively, they can create a billion-dollar platform. I seek your assistance and support on this journey.”

The event concluded with a beautiful and enriching musical performance by talented singer & musician, Vidya Shah.

CNBC-TV18’s Future Female Forward – The Women’s Collective is proudly presented by HSBC India, and co-presented by HCLTech, along with partners ITC, FedEx, Reliance Industries and FICCI.

June 5, 2024
CNBC-TV18 and HSBC India champion gender equality with the second season of Future. Female. Forward

Mumbai: CNBC-TV18 organised an intimate chapter of Future. Female. Forward Season 2: The Leadership Circle – Mumbai Edition, presented by HSBC India. This significant initiative aims to bridge the gender gap and engage in impactful conversations to promote gender equality. The event was held at ITC Grand Central, Mumbai on April 18, 2024, and was attended by prominent figures from business, entrepreneurship, policy, entertainment, and politics.

The Leadership Circle aimed to go beyond traditional networking events by establishing a forum where decision-makers and influential leaders gathered to promote true parity. This chapter welcomed prominent female leaders to share their experiences, encouraging meaningful dialogue and effective collaboration.

The evening kickstarted with a welcome address by CNBC-TV18 managing editor Shereen Bhan. She said, “CNBC-TV18’s Future. Female. Forward. initiative has collected narratives of numerous women across various spheres of life. We have taken our campaign and conversations to global forums with the World Economic Forum in Davos. Our initiative has honoured women who have opened new doors of opportunity. Future. Female. Forward. focuses not just on maintaining women’s presence in the workplace, but also on reclaiming their individuality and promoting empowerment. The initiative brought together leaders from the private sector, governmental, and social sectors.”

The first fireside chat of the Leadership Circle’s Mumbai edition featured Masaba Gupta, fashion designer, entrepreneur, and actor in conversation with Shereen Bhan. Talking about the plans for House of Masaba, she said, “We will have a significantly larger retail footprint across India and globally. Currently, we operate around 17 stores across India, and we aim to increase this number to between 35 and 40 in the upcoming years. Additionally, we have exciting new categories and product extensions in the pipeline. We are gradually shifting towards the luxury market, recognizing the dynamic nature of today’s Indian market. I used to say, people loved heading West, finding joy in opening stores in New York or Dubai. But today, we’ve got it all right here in our Indian market.”

The evening moved ahead with an enriching panel discussion on the topic ‘Lessons in Leadership’ with Naiyya Saggi, co-founder, Good Glam Group & CEO, Good Community; Radhika Gupta, managing director & CEO, of Edelweiss Mutual Fund; Neera Nundy, partner & co-founder, Dasra; Neetu Kashiramka, managing director, VIP Industries Ltd; Deepali Goenka, managing director, Welspun Living Limited; Aparna Piramal Raje, writer & public speaker and Dr Aparna Bandodkar.

Reflecting on her journey, Edelweiss Mutual Fund MD & CEO Radhika Gupta stated, “A defining moment for me was when I walked onto the stage at the Jio Theater without informing my family or colleagues, ready to open up to 500 strangers about my experiences. Supported by the encouragement of a mentor, I was uncertain about the effect my words would have. By embracing my vulnerabilities, I discovered strength and built a greater sense of self-assurance. I realized that my flaws were not weaknesses but rather connections to others. Sharing my story turned into a beacon of hope for many who were on similar paths.”

VIP Industries Ltd managing director Neetu Kashiramka speaking about her journey of overcoming societal taboos said “I come from a conservative Marwadi family where even attending college was a challenge. Despite my father’s pressure to marry at 20, I was resolute about pursuing a career. It took tears and persistence to gain his approval. The next hurdle was finding a progressive partner who would respect and support my ambitions. With confidence, I approached my husband-to-be, laying out my expectations clearly. His unwavering support and sacrifices have been crucial to my career success. From starting as an assistant manager to becoming a vice president, I’ve achieved milestones beyond imagination. Each step, from K-11 to VIP Industries, has been driven by determination and a commitment to excellence.”

Good Community co-founder, Good Glam Group & CEO Naiyya Saggi said “At its core, we are fostering a community where both remarkable women and men unite. Growing up, my mother was an indomitable force who shattered stereotypes, ensuring that gender was never a barrier in my life. Entrepreneurship, particularly founding Baby Chakra, opened my eyes to the existing disparities. We encountered difficulties in persuading male investors, but we never gave up. I was recently elected to the governing council of the Mumbai Tech Entrepreneurs Association, where I advocate for increased female representation. As I prepare to become a mother for the second time, my journey is a testament to the power of persistence. Each challenge we overcome not only advances our cause but also sets the stage for others to follow. We aim to create a domino effect, where each success story motivates many more to embark on their own paths.”

Sohini Chattopadhyay, national-award-winning film critic, journalist, and author delivered a special author session about the growth of Women in history, specific women in sports.

The event’s concluding discussion session on partner perspectives on ‘Championing Diversity and Inclusion’ was led by Amitabh Malhotra, head of Global Banking of HSBC India. Talking about the diverse culture and various programs for women, he said, “At HSBC, our dedication to promoting diversity and inclusion extends beyond individual stories to a collective effort. Our ‘Power to Her’ initiative, aimed at reintegrating skilled women back into the workforce after career breaks, illustrates this commitment. Achieving an impressive 60 per cent conversion rate to full-time positions underscores our resolve to leverage diverse talent pools and cultivate upcoming leaders. Likewise, our ‘Ascent’ program empowers senior female leaders by enhancing their self-awareness and leadership capabilities, leading to more than 50 per cent advancement into new roles.”

CNBC-TV18’s Future. Female. Forward – The Women’s Collective was proudly presented by HSBC India. It is co-presented by HCLTech, and ITC, FedEx, Reliance supported the initiative as Associate Partners, with Industry Partner, FICCI.

April 25, 2024
Future. Female. Forward Season 2: Mumbai’s Leadership Circle unites women leaders for impactful change

Mumbai: CNBC-TV18, a purpose-driven brand committed to fostering gender parity and empowering women leaders, proudly announces “Female. Forward Season 2: The Leadership Circle – Mumbai Edition,” presented by HSBC India. Following the resounding success of its Season 2 launch in New Delhi, this exclusive event is scheduled for April 18th, Thursday in Mumbai. It promises an evening of engaging dialogue and insightful activities aimed at creating a space for women leaders to Connect, Express & Evolve.

The Leadership Circle transcends the traditional boundaries of networking events, emerging as a perfect platform for people to engage while also being a circle to share insights and inspiring stories, thereby being a platform where decision-makers and key opinion leaders converge to catalyse real parity. Embracing an innovative approach, this chapter invites a select group of distinguished women leaders from diverse fields to share their personal journeys, challenges, and aspirations, setting the stage for meaningful dialogue and impactful collaboration.

The event will kickstart with an opening address by CNBC-TV18, managing editor Shereen Bhan and move ahead with insightful conversations, fireside chat and panel discussions. Gracing this exclusive gathering are Amitabh Malhotra, Head of Global Banking, HSBC India; Naiyya Saggi, Co-founder, Good Glamm Group & CEO, Good Community; Sohini Chattopadhyay, Writer, Journalist, and National Award-winning film critic; Radhika Gupta, MD and CEO of Edelweiss Mutual Fund (Asset Management Company Limited); Neera Nundy, Partner and Co-Founder, Dasra; Neetu Kashiramka, Managing Director, VIP Industries Limited; Dipali Goenka, CEO and MD, Welspun Living Ltd.; Aparna Piramal Raje, Writer and Public Speaker; Dr. Aparna Bandodkar and Masaba Gupta, Fashion Designer, Entrepreneur, and Actor.

Moderated by Bhan, the panel discussion with women trailblazers will delve into critical topics such as gender parity, women in the workforce, and fostering growth environments for future leaders. Following the panel discussion, attendees will engage in an interactive workshop/activity designed to deepen connections and inspire collaborative action. The event will culminate in a networking dinner with drinks, providing a platform for attendees to forge lasting connections and continue their conversations in a relaxed setting.

Being a partner on this initiative, Malhotra will throw light on ‘Championing Diversity and Inclusion’ at the workplace from the HSBC perspective through an insightful keynote.

Commenting on this initiative he said ” “We are proud to have collaborated with CNBC-TV18 for a cause that is important for HSBC India and has the support across the organisation. We understand that empowering women isn’t just about equality, it’s about driving innovation, growth, and success. Through initiatives like CNBC-TV18’s Future. Female. Forward – The Women’s Collective, we are committed to creating a more inclusive ecosystem where every voice is heard, and every talent is valued”

“”The idea of creating the Leadership Circle, is to encourage authentic conversations about what it takes to lead. It is also an opportunity for leaders to converge, not just to share their interests, but to collectively work towards creating a more inclusive and equitable future. Future. Female. Forward – The Women’s Collective comes a full circle, as it returns to Mumbai after the mega launch of our campaign in 2022. We are bringing together leaders who have had the courage to rise above constraints and create a niche for themselves in diverse areas. Each one of these leaders symbolise the change we want to see. The leadership circle will recognise and celebrate the “Audacity of Ambition” commented Bhan.

“At Future. Female. Forward, we firmly believe in the transformative potential of collective action and collaboration to foster meaningful change. This stands as a testament to this spirit, underlining our unwavering dedication to building an environment where women not only thrive but also emerge as trailblazers, inspiring others to follow suit. This event epitomises our mission to foster a culture of empowerment and inclusivity, where women’s voices are amplified, their leadership is celebrated, and their impact resonates far beyond the confines of boardrooms and workplaces,” added Network18 CEO-English and Business News Smriti Mehra.

April 17, 2024
YES BANK & CNBC-TV18 Growth Summit in association with Max Life Insurance puts a spotlight on India’s $10 trillion economy plan

Mumbai: The Delhi 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 organised on Wednesday. The summit brought together policymakers, industry leaders, startup founders, and a diverse range of experts to engage in substantive discussions regarding India’s economic growth. The primary focus of the summit centred on the government’s ambitious 25-year plan aimed to position India as the world’s third-largest economy, boasting a GDP of $10 trillion.

A spokesperson from CNBC-TV18 extended a warm welcome to the attendees, moving to the opening remarks by YES Bank CEO & MD Prashant Kumar. “In the last few years, we have witnessed large investments in the infrastructure landscape, taking the country to the next-level. India has come out as a strong force with all the headwinds happening around the world, and to continue that, we need to remain self-insulated and self-reliant. Moving towards becoming the third largest economy is not enough; the ultimate goal should be that every Indian benefits from this growth. It is crucial for all of us to work collaboratively and focus on areas including—inclusivity with growth, manufacturing, boosting exports, supporting MSME and the startup ecosystem and funding innovation. The involvement of the government and private sector together is the key to achieving the $10 trillion economy plan.”

During his address, Mr Kumar announced the launch of ‘Yes Private’ in Delhi, 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.

The event kicked off with a fireside chat on ‘Leading from the front: How to Live up to your Strategic Vision’ in conversation with Nestle India CMD Suresh Narayanan, he said, I feel fortunate to be a part of a 160-year-old company that values providing experiences to people, not just selling products. Nowadays, digitisation has levelled the playing field for everyone, and e-commerce and AI are helping us plan better. However, with tech being such a driving force presently, we need to utilise it responsibly and remember technology is here to serve mankind and not the other way around. Lastly, trust, empathy and compassion are not just buzzwords and the long-lived companies are going to be those where this five letter ‘TRUST’ is placed in everything they do.” The discussion was moderated by CNBC-TV18 managing editor Shereen Bhan.

The event continued with another interesting thought-provoking discussion on ‘Unveiling Indian Healthcare as a Model of Growth & Excellence’ in conversation with Medanta executive chairman Dr Naresh Trehan, he stated “Every person in India deserves access to decent healthcare. With the introduction of the Ayushman Bharat scheme, the industry has extended a lifeline to over 500 million individuals who were previously left out of the healthcare facility. It’s surprising to admit that healthcare expenses alone are driving 2 to 4% of our population below the poverty line each year. Considering the extent of our nation’s growth, with a population increasing by 25 million annually, the challenge before us is immense, but the steps taken by the current government through Ayushman Bharat have provided immense relief.”

Subsequently, there was another fireside chat on ‘Betting Big One on India: Identifying New Growth Opportunities’, Dixon Technologies chairman Sunil Vachani.

The fireside chat was followed by a special address by Max Life Insurance CEO & MD Prashant Tripathy. He said, “In India’s pursuit of becoming a $10 trillion economy, visionary policy initiatives stand as cornerstones of inclusive growth. From pioneering financial inclusion schemes and the development of robust digital infrastructure to the progress of our vibrant start-up ecosystem- these collective endeavours underscore the remarkable journey we’ve undertaken as an economy in the last decade. As we stride forward, India must prioritize policies that foster innovation, technological advancement, tackle income inequality, and promote sustainable development practices. These critical areas demand our unhindered focus, as we inch towards an economy that unlocks sustained development for one and all.”

The evening continued with an engaging panel discussion on ‘Facilitating the Emerging Stars of Indian Business’ with insights from industry experts Akshay Ghulati (Co-founder & COO, Shiprocket); Mr Anirudh Arun (Co-founder, CEO, BluSmart Fleet) and Ish Babbar (Cofounder & CTO, Insurance Dekho).

The evening continued with an engaging conversation with Former Indian cricketer Virendra Sehwag. Talking about how the Indian team can bring home the World Cup, he said, “We need to play it like a knockout match, be brave and fearless and most importantly, make the right decision on the field. India has never lacked talent; we need to play aggressive cricket and not worry about winning.”

Concluding the summit was a thought-provoking session conducted by Kumaar Bagrodia, leading Neuroscientist & Founder of NeuroLeap, on ‘The Neuroscience of Investing’.

The Delhi 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. The next edition of the summit will be held in Hyderabad on 15 March,2024.

March 13, 2024
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.

February 13, 2024
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.

January 31, 2024
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.

January 27, 2024
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)

December 8, 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).

December 6, 2023