Tag: Vikram Chandra

  • JNU’s Kanhiaya Kumar & the role of television news

    JNU’s Kanhiaya Kumar & the role of television news

    MUMBAI: “Where the mind is without fear and the head is held high

    Where knowledge is free

    Where the world has not been broken up into fragments

    By narrow domestic walls

    Where words come out from the depth of truth

    Where tireless striving stretches its arms towards perfection

    Where the clear stream of reason has not lost its way

    Into the dreary desert sand of dead habit

    Where the mind is led forward by thee

    Into ever-widening thought and action

    Into that heaven of freedom, my Father, let my country awake.”

    Given the perilous times that we are living in today, no words  resonate more aptly than these lines penned by Rabindranath Tagore more than a hundred years ago.

    Over the past one week, the country has witnessed debates, discussions and dialogues galore after the incident that happened in the Patiala Court on 15 February. That was the fateful afternoon when lawyers condemned students, journalists and cameramen who were present in court. That was the day when Jawaharlal Nehru University (JNU) Students Union president Kanhaiya Kumar, who had been arrested on charges of sedition for allegedly raising anti-India slogans, was supposed to be produced in front of the judge.

    With no journalist being spared by the ‘judges,’ the police force opted to be mere watchers turning a blind eye to what was happening. Anyone who didn’t look like a lawyer was beaten up. This action not only spurred anger across the nation but also marked 16 February as a Black Day wherein journalists displayed solidarity against what had happened in the high profile court complex. Hundreds of journalists decided to walk from the Press Club of India to the Supreme Court at noon on Tuesday to protest against the violence that took place.

    The event also saw some students allegedly raising anti-India slogans. NDTV CEO Vikram Chandra told indiantelevision.com that the unfortunate incidents on that day were deplorable. 

    Said he:  “I strongly oppose the slogan shouting that happened. It was highly inappropriate and shameful. Also, such reactions from the lawyers is disgraceful.”

    Then came claims, claims and more claims. Every news channel talked about the video that came out showing students chanting anti-Indian slogans, which celebrated Afzal Guru. While on the one hand, news channels kept airing the video of the attack by lawyers, on the other a few opted to take a stand on bigger issues of the events that unfolded at JNU. While some covered the attacks by lawyers, some covered the student protests at JNU. Diverse opinions and viewpoints bombarded newswatchers at home. 

    Such incidents make us question the basic right of freedom of expression laid down in Section 19 of the Indian Constitution. In the light of what happened, the lawyers completely mishandled and misinterpreted this basic right. 

    And in this constant tug-of-war between one side or the other, we saw some TV reporters and anchors going overboard and taking it out against each other in public.

    We watched as Times Now editor-in-chief Arnab Goswami conducted his routine debate session, bashing the students and disregarding what had happened. And the vociferous senior journalist has faced much criticism for the way he portrayed the event. 

    What’s more, Goswami has faced flak from senior journalists like NDTV’s Ravish Kumar and India Today Television’s Rajdeep Sardesai, who directly took him on because of his take on the entire issue. Goswami got fiery with the liberals asking them if such sloganeering or glorifying a terrorist as a martyr is freedom of speech or sedition, to speak the language of separatists? He ran out of “patience” while discussing this entire incident when one of the students Omar Khalid interrupted him in his prime time show The Newshour.

    NDTV senior journalist Ravish Kumar voiced his views on nationalism and what its connection is with our democracy. Kumar, in a blank black screen video with only subtitles, fired direct salvos against some anchors including Goswami. Starting with lines like: “In the name of debate, the everyday noise and shouting is either bringing you to light or taking you to darkness. You too must have been wondering.” 

    With just a dark and empty background sprinkled generously with impactful words, strong ideas and an eye-ball grabbing narration, he talked about the way in which TV debates are shaping up today. 

    He said, “Our job is not to provoke or incite, but simply ask; ask questions to those in power. But TV anchors don’t do that, intentionally so, and they shout. Is this how you speak at home, to your family, to your sister, to your wife?” he asked, adding, “Do we get accountability by screaming on television?”

    On the other hand, Sardesai came out with a blog titled: ‘I’m anti national,’ where he tried to convey an important point, and that was to stop dividing people in the name of nationalism. 

    “Yes, I am anti-national because I believe in an expanded definition of the right to free speech as spelt out in Article 19 of the Constitution,” are his exact words from the blog. He opined that the right to dissent is a fundamental right. “People cannot and should not take the law into their own hands. I don’t know yet whether the slogans that were raised were from the students or someone else,” he added.

    Video clips all over the Internet and social media have depicted students yelling out slogans like, Bharat ki barbaadi tak jang rahegi, Afzal Guru Zindabad, Pakistan Zindabad. However, the authenticity of these very videos is still shrouded in doubt. 

    To add to all this comes the shocking news about a Zee News producer Vishwa Deepak resigning from the news channel as a sign of disgust on the alleged biased coverage of the JNU protests and the sedition charges against the students’ union leader.

    He was reportedly a part of the team that produced a show on the night of 9 February, when alleged anti-India slogans were raised at the JNU campus. Deepak stated that the channel had broadcast a video of students raising slogans with a caption that said ‘Pakistan Zindabad’ while no such sloganeering was done and this could be easily figured out from the crowd and the darkness at that time.

    Of course media houses went to town carrying  his resignation letter in its entirety or excerpts from it, rubbing their hands in glee as it gave them fodder to denigrate the Hindi news channel as a handmaiden of the Modi sarkar. 

    Zee News has condemned and denied Vishwa Deepak’s statement saying that he was not associated with the coverage of the JNU crisis. It added that it has submitted the raw footage of the students sloganeering to the Delhi police and is awaiting the latter’s analysis to vindicate its stand. Additionally, it has stated it has no affiliations with any political parties. 

    CNN-IBN senior journalist Bhupendra Chaubey on his part has asked the nation’s journalists to be more vigilant. Said he: “It’s time that all the top editors and anchors across the industry should start looking at the reasons behind so much of hatred and negativity on social media. We should all be careful about what we are putting up on TV in-front of the nation.”

    With so much happening all around the world, it looks like a powder keg situation is brewing. With every passing day unveiling a new façade of the issue, the journalists and the media houses have to be fearless and honest so as to empower the citizens who rely on the Fourth Estate for credible information. 

    Freedom of speech and expression is a sovereign and democratic right of every Indian citizen irrespective of  caste, community, colour and creed. 

    But what if somebody is using the constitutional offering to sabotage harmony and arouse a polarised scenario? Who draws the line? 

    Self regulation based on conscience, morals and ethics seems to be not working, but is a regulatory body constructed under government diktat, a safer option?

    On the other hand, the Press in India has more freedom as compared to many other countries. But how is it helping the nation? If Goswami says no, then Barkha Dutt will contradict with a yes. If Zee News says galat (wrong), Aaj Tak will say sahi (correct). Even as journalists are marching on the road and news channels are resorting to visual effects, is anyone thinking on what the repercussions this will have on the millions following them? Certainly not!

    The Father of the nation Mahatma Gandhi rightly said, “The true function of journalism is to educate the public mind, not to stock it with wanted and unwanted impressions.” 

    That sagacious advice has been dust-binned by today’s trigger happy media. Decibel is the new decorum and views are all that is left in news, and TV ratings are all that matter. It remains to be seen, how long this craftsmanship can continue.

    ’Tis the time to really ponder over where we, as a country are going from hereon…

  • ‘Channels will stop chasing TRPs if we had a proper subscription revenue model:’ Vikram Chandra

    ‘Channels will stop chasing TRPs if we had a proper subscription revenue model:’ Vikram Chandra

    In an industry where people change jobs every few years in order to quickly climb the ranks, his association spanning more than two decades with Dr Prannoy Roy’s NDTV Group speaks volumes about his commitment and stability. One of India’s leading journalists, he now helms NDTV Group as executive director and CEO. He is also the executive chairperson of the company’s online venture – NDTV Convergence.

     

    What’s more, even with the increasing managerial responsibilities, he manages to find time to anchor shows like Gadget Guru and The Big Fight and therein reflects his love for the Fourth Estate. He also flirted with the pen when he wrote his first fiction thriller titled The Srinagar Conspiracy in the year 2000. He is none other than Vikram Chandra.

     

    With many a feathers in his cap, Chandra is now well poised to take NDTV to newer heights with the expansion in the digital space. Tapping new avenues, NDTV now has its fingers dipped in multiple segments like wedding, fashion, auto, gadgets et al… and all under Chandra’s stewardship.

     

    In a chat with Indiantelevision.com’s Megha Parmar, Chandra sheds light on his journey, NDTV’s businesses ventures, cable TV digitisation, social media and the road ahead for the company.

     

    Read on for excerpts:

     

    NDTV is now expanding its digital footprint with gadgets, auto and retail. What drives you towards digital despite being a traditional broadcaster?

     

    This has been one of NDTV’s key strategies from a long time. Going digital is a key part of NDTV from several years. Way back in 1999 and 2000s, we started to believe that Internet is going to be a dominant part of our lives. While TV is still a core part of our DNA and plays an important role in everything that we do, we then wanted to expand into digital from a long time.

     

    Today, people can consume the same NDTV news though different streams. You can watch it on your TV, phone and the NDTV app. There are different ways to get the content that we are enabling for people. Going forward, we took a decision that there were individual niche areas where we want to make a major impact. That is what we are building on from the past couple of years; be it food, auto, wedding, retail and there are other things also coming into place.

     

    How much does digital contribute towards the company’s revenue?

     

    Digital’s contribution to the company’s revenues has been growing. It used to be around three – four per cent sometime back, but today because digital revenues are growing at a faster rate, digital accounts 20 – 22 per cent of NDTV’s revenue. The number is growing rapidly.

     

    What was the idea behind NDTV entering the online wedding market?

     

    Everything that we are doing in these areas has a very specific planned execution strategy. We thought it is a good proposition to be in and we got into it. We followed the same thing with Gadgets360 and the other portals. In weddings, we have found the same niche that we think is going to be very attractive. 

     

    Are revenues from television on the decline?

     

    The revenue from TV has grown over the years and will continue to grow. It’s just that the revenues from digital are growing at a faster rate almost at 15 per cent a year from a long period of time. While the share of digital revenue is increasing, it’s not that the TV revenues are declining.

     

    How long before revenue from digital will surpass that from television?

     

    We’re a long way from there. There is a lot of action going on TV also and we are also expecting regulatory changes to happen soon. If everything goes fine, the revenues from TV will also grow at a faster rate. There is no competition between the two. As long as the both are growing and are doing well, that is what we want.

     

    What are your plans with Gadgets360 and Auto? Do you see enough monetisation opportunities?

     

    Gadgets360 is by now a very dominant property. It is not just the number one gadget site in the country, it’s four or five times far than the number two in the entire world and has gained a very massive position. With Gadgets360, we tend to hold a position of considerable dominance in the space. If the people want to buy a gadget and want to know about anything related to it be it news or reviews, they have to refer to some or the other NDTV’s properties. It gives us a good position to build a strong community around the gadget loving and gadget dying population. We have now started to do some select launches of individual products that we think are interesting on the website. Many e-commerce transactions have also started to happen on Gadgets360 and the initial response has been quite astonishing. The first two three phones that we tried to sell were sold out in a month’s time, which surprised us. So now we are planning to do more such things, which will surprise us in many other ways.

     

    Auto is an area where we have built a powerful franchise over a long period of time. We have a good combination of content like carandbike.com and technology package combined with good engineering. This will help the auto portal also scale up both from the content side and from the transactions point of view.

     

    Do you see enough monetisation opportunities in Gadgets360 and Auto?

     

    Gadgets360 is doing well for us and has stayed ahead of our expectations. The monetisation is coming in. Once you have strong communication in various communities, it’s not just an attractive proposition from the revenue point of view but also from advertising. From an advertiser’s perspective, where else would you want to put your money than on a leading portal in that space? If you have a leading tech, auto or food content portal, that’s where you will want to put your money. Auto is also emerging successfully.

     

    What kind of investment is being pumped in for these new ventures?

     

    Well these have raised funds already. Food is the recent one, which has raised funds to the tune of $12 million roughly. Each of these have been visualised as an individual entity and they have a life of their own. Each of them have been done in a very entrepreneurial manner like start-ups. We don’t have the group dynamics playing; it’s all done by individual entrepreneurial team. They have raised their own money including some of the top investors.

     

    Can you share your overall plans for NDTV Convergence? It’s already the leader in its space but now there have been others joining in too.

     

    There will always be competition and that’s good. We are not scared of the competition. The more the activity and action in the field, the more it will help in growing the market. Today, only a small fraction of our population has access to the internet but the number of people who are going to use the service five years down the line is huge. It’s a vast untapped market. If more people come in, it will just expand the market. So far, with competition, it has not changed our position, market share or even the traffic that we get. We are in a comfortable position.

     

    In the age of clutter, competition & multiple start-ups mushrooming in the country, how does NDTV plan to have an edge over the others in the new areas that it has ventured into? 

     

    There are things that we do and focus on. So far we have managed the competition right. If you look at the page views or the traffic, it’s clear that there are a couple of clear leaders and while a few competitors are at some distance behind. We know how to manage the space.

     

    How do you see digitisation changing the game in India for broadcasters in terms of content, revenues, etc?

     

    Digitisation was always anticipated to be a game changer but to some extent we are disappointed. What is causing disappointment in the market is that the business models have not changed after digitisation.

     

    Digitisation was supposed to transform the business models for broadcasters where distribution revenues start to become a very major contributor, where subscription money starts to flow and also lower the reliance on advertising. That was the logic that digitisation was supposed to drive.

     

    There was also a strong economic business rational for this that in analog systems you only had 40 slots for 200 channels but now you have no capacity constraints. What we really would want to see in 2016 is concerting actions to be taken especially by the government and the regulators to try and persuade people that the model needs to change and formulate what the correct model should be.

     

    There is an effect on the content model as well. If subscription revenues were robust, then it sets up a business model where quality channels will have money to invest in quality content and a channel’s revenue will be based on subscription and not around chasing the advertising. Then what will be the need of content if one is chasing advertising? It’s not only chasing advertising; the channels are chasing TRPs, which is to some extent evident in the news space. They are clearly following tabloid type of news content, creating sensationalism and other things that are basically designed to get more TRPs. If you had a proper model wherein channels could make money from subscription, then people will not want to chase the TRP game. They will do good quality content and would gain some money from subscription.

     

    How much importance do you give social media? Do social media insights play a vital role in penning down your strategy?

     

    Social media is a very powerful tool and helps people connect with each other. There are obviously issues around and you should not think that social media is everything, which sometimes you pretend to do. Social media sometimes acts as a platform for the loudest voices but with a disproportionate scare. For a journalist too, it’s one of the first bases where you might get breaking news and information about what’s happening around you. But you do need to be careful about how you use social media and how you engage with social media. You should not believe on everything that goes around.

     

    Having said that, I don’t think social media plays any key role in driving our strategy back at NDTV.

     

    The credibility of a news story is now defined by a trending hashtag. If your story leads to a trending tag, it’s a successful story, otherwise it’s not. Is it a fair proposition?

     

    I don’t agree to that. It’s good to have your story trending but you can do a very successful strong and powerful story, which does not necessarily need to trend. It should not be the only metric. As a journalist, I think that it’s not necessary that something that drives more clarity or will trend means that it’s the only form of journalism you can do. You can still do very powerful journalism in various areas, which may not drive TRPs or trend on Twitter.

     

    Do trending #tags like presstitutes bother you?

     

    I think on social media a lot of the language and discourses have become disappointing. The language used, at times, is inappropriate. There are some people using abusive language. I think this is dangerous as at times you will find accusations, which aren’t true. People are straightforward and mature and also are definitely using social media for the right purpose but there is a possibility that they sometimes might pick up something, which is incorrect or not accurate and is a total fabrication. Someone will put something on social media and then it will be re-tweeted repeatedly and will be passed around, which is not true and will cause damage. 

     

    Social media has helped us in democratically using the voice of the people. Anyone can access it and express their views on anything, which should be rolled forward. But everything has a sad part attached to it and here the issue is about how we control the worst impulses of a few people putting something, which is invalid or not factual. We have to find a solution to how we can control such things from taking place on social media.

     

    Suppose a journalist is doing a hard hitting story like on child smuggling or malnutrition or about what is going in the Vidarbha region; these are not negative stories but are strong powerful development stories and may lead to some transformation happening in one place or other.

     

    We often hear people commenting on why we don’t publish positive stories or development stories. The answer is, these stories are done but are not the kind of social stories that will either make TRPs or be trending on Twitter. You do a great story on solar power and publish it; it will not work that much. But the story should be done. We should find ways to tweak the model that those stories are done on and are broadcast without anyone worrying about TRPs or trends.

     

    How important are ratings in the larger scheme of things?

     

    Ratings are a currency. TRPs will always reward a certain type of content over another type of content. That is one another intrinsic problem with the rating system. Now we are seeing new methods of measurement also coming out with a much larger monitoring system and a larger sample of people, which is interesting. At some point, I am sure BARC India and others will start monitoring digital data as many consume news not only from television but also from live streams.

     

    For a long time, NDTV has not been trying to sell on the basis of TRPs alone. I think the sales team has done a great job. Many of the powerful and important brands are keen to be a part of NDTV now.

     

    Is digital gradually taking over TV when it comes to news? What should TV players be doing to keep the audience intact?

     

    I don’t think it is going to be an either or situation… just as television and print have co-existed from such a long time. It’s not that after the invention of TV the newspapers shut down. Digital is another facet of it.

     

    We at NDTV are content providers and will provide content to  consumers in whichever format we can. It will be on TV, desktops, mobiles, etc. Wherever the consumer is consuming content, we will be there in that space. We are visible in most of the areas. So I think TV and digital will go together.

     

    From Doon School to journalism to Chief Executive Officer, how would you define your journey so far?

     

    Well, it’s been an interesting journey. I have worn so many hats so far. I have always enjoyed my years as a journalist and I still enjoy my anchoring. I get a lot of satisfaction especially from things like the special projects that I do and the big campaigns in which I play an active role as an anchor.

     

    Other than Gadget Guru and The Big Fight, I don’t get to do so much journalistically, which taps some area of regret within me. 

     

    What role has Dr Prannoy Roy played in your career?

     

    He has been a guide and a mentor in more ways than one. I went to TV because I saw Prannoy anchoring a show. That’s when I decided to make a career in the same field. He has been a role model for me and many of us. I wouldn’t have been a journalist if it wouldn’t have been for him.

     

    What can we expect from NDTV in the coming year?

     

    We are hoping for another change in the TV business model in 2016. On TV, we will continue to target growth and profitability. We will focus on our three basic aspects of TV, i.e. digital content, TV  and e-commerce business. Each have their own targets and matrices against which we will be evaluating them. We will go to the bottom line and get the profitability up as much possible.

     

    In digital content, we will try to consolidate our leadership position. On the e-commerce side, this is a crucial and critical year of all our new ventures that we are launching and we are hoping that the success that they have seen in the initial stage will turn into strong marketing business model.

  • NDTV & Piramal Foundation launch campaign highlighting farmers’ issues

    NDTV & Piramal Foundation launch campaign highlighting farmers’ issues

    MUMBAI: NDTV and Piramal Foundation have started a crusade aiming at highlighting farmer related issues and finding ways to address the severe problem. The campaign – Cultivating Hope – will raise awareness about the adversities faced by farmers in India and find ways to overcome challenges.

     

    The campaign is also supported by Akshay Kumar and will talk about all the problems of the farmers from scarcity of water to lack of education to the severe lack of basic healthcare, especially for women. It will address the situation and find ways to overcome these challenges by adapting to solutions.

     

    NDTV group CEO Vikram Chandra said, “NDTV has always been a frontrunner in highlighting issues that concern our country. Be it related to the environment, or about the education of underprivileged, we have always believed in addressing these social issues that are an obstacle to our development. TheCultivating Hope initiative is yet another endeavour to give our farmers a platform to discuss and address the issues faced by them and help them find solutions. We are hopeful that together with the Piramal Foundation we will be able to not only raise awareness about their adversities but also pave the way forward through viable solutions.”

     

    Supporting the campaign, Akshay Kumar added, “The farmer crisis is the most important issue and we need to address it on high priority. I am glad to be part of this dialogue and am willing to contribute to the cause, to the best of my abilities.”

     

    “Under the given circumstances, it is the need of the hour that we focus our energy on how to find solutions for our farmers and under privileged. Through various initiatives, the Piramal Foundation has focused on providing quality education for children, empowering the young generation to recognise and develop their leadership skills, healthcare for women and access to basic facilities like clean drinking water to villages and midday meals to school children. Through such initiatives, we hope to secure the future of our farmers. I am happy to be associated with NDTV in Cultivating Hope,” added Piramal Group chairman Ajay Piramal.

  • NDTV Ventures’ IndianRoots partners with FabIndia

    NDTV Ventures’ IndianRoots partners with FabIndia

    MUMBAI: NDTV Ventures’ IndianRoots.com, an online marketplace for Indian fashion, has inked a partnership with Fabindia. With this, IndianRoots will now serve as an online platform to showcase Fabindia’s range to the international audience.

     

    IndianRoots, since its inception in 2013 has been hosting brands and designers with an aim to bridge the gap between products ‘Made in India’ and the worldwide market of Indians. 

     

    IndianRoots recently also partnered with Banka Silk from Bihar, Craftroots – An NGO by Anar Patel and with the Government of Bihar to promote Indian artisanship and make it accessible to global audiences.

     

    NDTV Group CEO and executive director Vikram Chandra said, “NDTV is delighted to welcome FabIndia as a partner on IndianRoots. We have immense respect for FabIndia as a great Indian brand in the ethnic category. I am sure this partnership will help both of us reach new heights.”

     

    NDTV Ethnic Retail (IndianRoots.com) executive director Shyatto Raha added, “This partnership with an iconic brand like Fabindia is a feather in the cap of our ‘Made in India’ campaign. The association acts as a bridge between Fabindia and its international clientele. It will not only help Fabindia reach out to Indian patrons abroad but will also drive its brand presence amongst non Indian communities.”

     

    NDTV Ethnic Retail (IndianRoots.com) CEO Rahul Narvekar said, “This partnership is a one of a kind in the e-commerce domain. It reiterates the significance of Indian fashion in the global marketplace. This partnership can set a benchmark for the e-commerce industry in terms of the natural confluence of two brands for mutual expansion and growth.”

  • NDTV Convergence inks Rs 90 – 100 crore deal with Taboola

    NDTV Convergence inks Rs 90 – 100 crore deal with Taboola

    MUMBAI: NDTV’s digital arm NDTV Convergence has inked a partnership with content discovery platform Taboola. The companies have signed a three year deal, the worth of which is pegged in the range of Rs 90 – 100 crore ($13-15 million) based on traffic projections across web and mobile.

    NDTV Convergence’s partnership with Taboola will power content recommendations to its audience of over 60 million unique visitors. Taboola will serve as the exclusive, multi-platform content discovery partner across all its properties. In addition to providing advertisers with an option to now target the premium NDTV audience through native content marketing, Taboola will also work with NDTV to increase user engagement.

    NDTV group CEO and executive director Vikram Chandra said, “We are really happy to extend this partnership with Taboola who have been great partners over the last year. This truly is a landmark deal given its size and scale, making it the largest and one-of-its kinds in the Indian digital media eco-system.”

    NDTV Convergence CEO & managing editor Suparna Singh added, “We are always striving to provide our consumers with high-quality and the best possible content. When we started this journey, the web was a much simpler place. Today, as social media feeds continue to fragment the user base, we need to customise content based on user interest. As always, we aim to be on the cutting edge and this partnership also gives us a new and unique way to monetise our growing audience across platforms.”

    “It’s an incredible honour to work with such a highly respected global publisher as NDTV, and we look forward to working with Vikram, Suparna, and the entire NDTV editorial team in continuing to boost overall audience engagement and revenue. We see India as a massive opportunity for marketers to reach new audiences since so many citizens are accessing the Internet for the first time via mobile and this partnership is a testament to our commitment to providing Indians with high quality content they may like and never knew existed,” said Taboola CEO and founder Adam Singolda.

  • NDTV Gadget Guru Awards 2015 just got bigger and better

    NDTV Gadget Guru Awards 2015 just got bigger and better

    MUMBAI: NDTV Gadget Guru Awards 2015, one of the biggest awards in the field of consumer electronics, gadgets and technology will be held on 19 September.

     

    This year the Awards are being held in Hyderabad in collaboration with India Gadget Expo. It will bring out the latest trends and showcase the very best that the tech world has to offer.

     

     The Award function will be hosted by the duo behind the flagship tech show Gadget Guru, NDTV’s tech Gurus Vikram Chandra and Rajiv Makhni. Adding glamour to awards this year with the duo Neha Dhupia is a new entrant to gadget guru awards family.

     

     Sharing his views on NDTV’s long term relationship with technology and gadget guru awards 2015, NDTV Group CEO Vikram Chandra said, “It’s great to be back with the gadget guru awards. The awards have become a benchmark in the field of technology and gadgets. They will celebrate the best innovations in the tech world over the past one year and will honour the brands that have made a place in the hearts of the consumers.”

     

    The nomination have 17 specified categories Portable Audio Product (includes all kinds Bluetooth speakers and headphones), Consumer Electronics, Best TV of the Year (includes all kinds), Best Camera of the Year (includes all kinds), Portable Computing Product (includes tablets and laptops), Computer Peripheral, Mobile of the Year (any above the value of Rs 10,000), Phone of the Year Under Rs 10,000, Tech Innovation of the Year, App of the Year*, Gaming App/Game of the Year, Gadget Eye Candy*, NDTV Gadget of the Year (Jury’s Choice)*, Gadget of the Year (Viewers’ Choice)*, Best Smartwatch of the Year, Wearable Gadget of the Year (includes fitness bands, etc), Best Tech Car of the Year, Tech Brand Ambassador of the Year.

     

     The distinguished jury for the Awards feature Vikram Chandra-Group CEO & Executive Director NDTV Group, Rajiv Makhni-Managing Editor, Technology, NDTV Group, Gopal Sathe- Features Editor of NDTV Gadgets, Prasanto K Roy-Media and Digital Consultant, Anmol Taneja-Founder and CEO of Gadgets.in, Nishant Padhiar- Technology Consultant, Ashish Bhatia – Independent Technology Writer and Columnist and Kishore Bhargava-Technology Consultant.

     

     Talking about the unprecedented success of the previous awards and its bigger and better version this year, Rajiv Makhni, Editor, Technology, NDTV Limited, says, “The Gadget Guru Awards are the most esteemed and anticipated Awards in the Indian tech space. We were truly inspired by the overwhelming response received and have decided to go bigger this year. The Award Jury has some of the most respectable names in the industry and an extremely rigorous and exhaustive process has been put into place for the nominations and selection of winners.”

     

     Gadgets launched between 8th July 2014 and 31st July 2015 were eligible for this year’s nominations. The final winners will be shortlisted based on the test results and an extensive jury meet process and rating system.

  • NDTV & Philips present ‘Breathe Clean Conclave’ 2015

    NDTV & Philips present ‘Breathe Clean Conclave’ 2015

    MUMBAI: India is home to 6 of the world’s most polluted cities, and the air we are breathing causes more deaths than tobacco smoking or poor nutrition. Indoor air is 2 to 5 times worse than outside air. It is toxic for our children and families, causing cancers, reduced life expectancy, lung damage and air borne allergies.

     

    Inhaling pollutant air takes away atleast 1-2 years of a typical human life. In an effort to highlight this critical national issue and recommend possible solutions, NDTV and Philipshosted the ‘Breathe Clean Conclave 2015’ today at Taj Palace Hotel, Delhi. Actor Soha Ali Khan also extended her support for the initiative.

     

    The conclave began with an opening keynote address by  Prakash Javadekar, Minister of State for Environment, Forest and Climate Change (Independent Charge)  and was attended by leading medical practitioners, environmentalists, NGOs and concerned citizen and parent groups. The two panel discussions held as part of the Breathe Clean Conclave focused on Breathe Clean- Act for Better Air and Indoor Air Quality and Children’s Health.

     

    Inaugurating the conclave, Prakash Javadekar, Minister of State for Environment, Forest and Climate Change (Independent Charge) said, “I am really happy that NDTV has taken this initiative because I feel media houses can make people aware and also help tackle issues. At the outset, I must say we have a problem as any other city in the world and this is because of growing population, growing density and growing rate of urbanization. Delhi air has gone bad in the last 8-10 years and if media would have started a campaign earlier it could have worked faster. We must create awareness of more ventilation, more plantation and more education to address this issue. I want to launch Fresh Air – My birth right campaign to help address this problem.”

     

    Sharing his thoughts on the initiative, Vikram Chandra, Group CEO of NDTV said, “The health and economic impact of pollution is worrying and with the rising vehicular and industrial pollution, this national issue is only going to get worse. NDTV believes that clean air should be a basic human right. Through this conclave, we hope to give experts as well as citizens a platform to suggest recommendations to the government, as well as motivate people to take action at an individual level.”

     

    Krishna Kumar, Managing Director and Vice President, Philips India, said, “The rising toll of deteriorating quality of air is becoming a household concern. A lot more potent than outdoor air pollution, indoor air pollution is increasingly being recognized as a threat. We, at Philips, recognize this challenge and are committed to deliver a healthier lifestyle for our consumers through meaningful innovations. Breathe Clean Campaign is an initiative to help consumers and institutions recognize the need to switch to healthier lifestyle practices. Since clean air has become a rarity, Philips is constantly innovating to bring about freedom from indoor air pollution.”

     

    Soha Ali Khan, Actor, also voiced her concern and said, “It is alarming that the very air we are breathing can be so harmful to our health. I was shocked to find out that air pollution levels inside our homes can be twice as high as those outside. This is an issue that demands our immediate attention and I am happy to be associated with NDTV’s Breathe Clean Conclave, a platform dedicated to finding solutions to this crisis affecting all of us – especially children and the elderly.”

     

    Moderated by Vikram Chandra, the first session had an eminent list of panelists including Soha Ali Khan, Actor; Prof Sanjay Zodpey, Vice President, Academics, Public Health foundation of India ; A Krishna Kumar, MD and CEO, Philips India; Dr Gary Stutte, Senior Scientist, NASA; Parthaa Bosu, India Director and South Asia Liaison, Clean Air Asia; Anumita Roychowdhury, Executive Director – Research and Advocacy , Centre for Science and Environment; Kalikesh Narayan Singh Deo, MP, Odisha and Dr Randeep Guleria, Head of the Department of Pulmonology, All India Institute of Medical Sciences who shared their insights on how we can contribute for better clean air.

     

    The second discussion focused on the health impact of air pollution on children and was moderated by NDTV’s Ravish Kumar. The panel included Jayati Singh, Director and Business: Head Health and Wellness and Air, Philips Consumer Lifestyle; Kunal Kohli, Director and Concerned Parent; Dr Vivek Nangia, Pulmonologist, Fortis Hospital; Sushma Paul Berlia, Apeejay Stya & Svran Group, Barun Aggarwal, Breathe Easy and Dr Randeep Guleria, Head of the Department of Pulmonology, All India Institute ofMedical Sciences.

     

    The closing key note address was delivered by Prof Sanjay Zodpey, Vice President, Academics, Public Health foundation of India.The key takeaways from the sessions were presented to Minister Shri Prakash Javadekar as recommendations for a clean air future.

  • Q1-2016: NDTV digital segment sees 51% YoY growth; net loss at Rs 24.3 crore

    Q1-2016: NDTV digital segment sees 51% YoY growth; net loss at Rs 24.3 crore

    MUMBAI: Consolidating its transition to a digital media company from a pure television play, New Delhi Television’s (NDTV) digital business has shown a growth of 51 per cent YoY. 

     

    In Q1-2016, the company’s digital and e-commerce revenues account for 21 per cent of total group topline, up from 13 per cent, last year. This reflects the ongoing commitment and investments of the NDTV group into building key digital assets.

     

    However, in Q1-2016, NDTV reported a loss of Rs 24.3 crore as compared to Rs 1.5 crore of last year. Of the Rs 24.3 crore loss, Rs 11 crore pertains to the e-commerce business.

     

    Speaking exclusively to Indiantelevision.com, NDTV CEO Vikram Chandra says, “Last year Q1 results of NDTV was one of the best quarters since inception generally for Television business Q3 and Q4 are stronger compared to Q1 and Q2.”

     

    “One of the biggest achievements for us in this quarter is the fact that we successfully closed the funding of our two new ventures Gadgets 360 and Fifth Gear Auto. We have put in constant efforts since the last two years to enhance our digital business and valuation and we are extremely happy to have quality investors investing in the two new projects,” he adds. 

     

    The group has raised funds at a combined valuation of $80 million, wherein $50 million was allocated for Gadgets expertise and $30 million for the Fifth Gear Auto venture. NDTV’s other e-commerce venture, Indiaroots also raised an additional $5 million.

     

    “Overall NDTV’s digital business has expanded to over $160 million, which shows our emphasis towards digital,” asserts Chandra. 

     

    The investors who invested in NDTV’s e-commerce ventures Gadgets and Car & Bike include: Inflexionpoint co-founder John Scully, Genpact founder Pramod Bhasin, Sixth Sense Ventures founder Nikhil Vora, former Unilever chairman Vindi Banga, M&S Partners founder and director Hiro Mashita and other high-net-individuals (HNIs).

     

    The total revenue generated by the group from its various businesses in the current year stands at Rs 125 crore compared to Rs 151 crore of last year. According to the financial analysis, the group has also cut down its expenses too shows the financial analysis of Q1 2015 as the expenses registered in the current quarter is Rs 140.3 crore compared to Rs 141.7 crore of last year.

     

    The company’s marketing spends have gone up to Rs 21.98 crore in the quarter as compared to Rs 19.43 crore last year.

     

    Click here for unaudited financial report

  • Tech Awards ‘NDTV Gadget Guru Awards’ 2015 is back

    Tech Awards ‘NDTV Gadget Guru Awards’ 2015 is back

    MUMBAI: NDTV Gadget Guru Awards 2015 is back in a bigger and grander avatar to celebrate and honour the very best in the World of Technology! Like always the channel is raising a toast to the single most important ingredient that is at the genesis of every tech brand – ‘Innovation’. 

     

    This year, NDTV Gadget Guru Awards joins hands with India Gadget Expo 2015.It will be the biggest technology show in the country bringing together the best tech-innovators, manufacturers, and entrepreneurs and retailers to showcase their products, expertise and insights to tech-savvy consumers who will get a lifetime opportunity to witness gadgets take over the ‘city of pearls and Nizams’ Hyderabad between 18th and 21st of September 2015. 

     

    Sharing his views on NDTV Gadget Guru Awards 2015, Vikram Chandra, CEO, NDTV Group, says, “The Gadget Guru Awards” are India’s best known and most credible awards for success and innovation in technology. We are looking forward to evaluating and recognizing the best products in the country today.” 

     

    NDTV Gadget Guru Awards which comes from the team that is behind India’s longest running tech show – will bring together an expert group of specialists and trade pundits under the aegis of NDTV Gadget Guru Awards who will congregate to select the best amongst the best, to be honoured and felicitated on the Awards’ night. 

     

    Speaking about the jury and the credibility of the awards, Rajiv Makhni, Editor, Technology, NDTV Limited, says, “The NDTV Gadget Guru Awards are by far the most coveted technology awards in the country. With thousands of products being nominated, an incredible jury, a stringent testing process – the final winners are truly the best in their category. The Gadget Guru Awards are the Oscars of Technology – as important and as credible.” 

     

    The nomination process is open to gadget companies, who can nominate their products in the 14 specified categories.

     

    1.      Portable Audio Product (includes all kinds Bluetooth speakers and headphones)

    2.      Consumer Electronics

    3.      Best TV of the Year (includes all kinds)

    4.      Best Camera of the Year (includes all kinds)

    5.      Portable Computing Product (includes tablets and laptops)

    6.      Computer Peripheral

    7.      Mobile of the Year (any above the value of Rs 10,000)

    8.      Phone of the Year Under Rs 10,000

    9.      Tech Innovation of the Year

    10.  App of the Year*

    11.  Gaming App/Game of the Year

    12.  Gadget Eye Candy*

    13.  NDTV Gadget of the Year (Jury’s Choice)*

    14.  Gadget of the Year (Viewers’ Choice)*

    15.  Best Smartwatch of tYear

    16.  Wearable Gadget of the Year (includes fitness bands, etc)

    17.  Best Tech Car of the Year

    18.  Tech Brand Ambassador of the Year

  • NDTV reports operating profit in Q4-15, FY-15

    NDTV reports operating profit in Q4-15, FY-15

    BENGALURU: New Delhi Television Limited (NDTV) reported 31.8 per cent y-o-y growth in consolidated Total Income from Operations (TIO, revenue) to Rs 163.55 crore in Q4-2015 from Rs 124.09 crore in Q4-2014 and 9.1 per cent more than the Rs 149.93 crore in Q3-2015. TIO for FY-2015 at Rs 571.28 crore was 24.3 per cent more than the Rs 459.46 crore in FY-2014.

     

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

     

    The company reported consolidated loss after deferred tax (Rs 17.99 crore) and provision for diminution in the value of a quoted investment amounting to (Rs 7.81 core) of Rs 17.21 crore in Q4-2015. The Rs 7.81 crore is a non cash item-impairment of investment in Jaiprakash Power, as is the write down of deferred tax assets.

     

    For Q4-2014, NDTV had reported a consolidated loss of Rs 31.39 crore and a profit after tax of Rs 1.56 crore in the immediate trailing quarter. 

     

    NDTV consolidated profit in Q4-2015 (before tax and exceptional items) was Rs 10.48 crore as compared to a loss of Rs 35.02 crore same quarter last year and a profit of Rs 2.34 crore in Q3-2015. 

     

    Loss in FY-2015 almost halved (reduced by 45.8 per cent) at Rs 44.03 crore as compared to the Rs 81.18 crore in FY-2014. NDTV (other than e-commerce) reported an EBIDTA of Rs 64 crore in FY-2015, as compared to an EBIDTA loss of Rs 6 crores last year. NDTV’s digital arm NDTV Convergence reported revenue of Rs 107 crore in FY-2015 at a 47 per cent growth as compared to FY-2014.

     

    NDTV executive director and CEO Vikram Chandra said, “Overall it’s been a good year in all three areas of business. The TV and related areas saw a sharp turnaround, recording an EBIDTA improvement of about Rs 60 crore. The digital content business saw record revenue crossing the Rs 100 crore mark, together with strong profitability. And though the ecommerce business reported losses, as most of them do, there was an exponential increase in revenue- crossing Rs 60 crore in GMV.” 

     

    Segment results

     

    Two major segments add to NDTV’s numbers: Media and related operations segment and Retail/E-commerce segment.

     

    Media and related operations segment

     

    NDTV’s Media and related operations (Media) segment revenue in Q4-2015 was up 38.3 per cent to Rs 157.09 crore from the Rs 113.61 crore in Q4-2014 and 8.5 per cent more than the Rs 144.74 crore in Q3-2015. This segment reported an operating profit of Rs 25.77 crore as compared to an operating loss of Rs 23.31 crore in Q4-2014 and almost double (up 92.2 per cent) the Rs 13.41 crore in Q3-2015.

     

    For FY-2015, the Media segment reported 19.8 per cent growth in revenue to Rs 554.63 crore as compared to the Rs 462.79 crore in FY-2014. The segment reported an operating profit of Rs 31.92 crore as compared to an operating loss of Rs 39.43 crore in FY-2014.

     

    Retail/E-commerce segment

     

    This segment reported 94.3 per cent growth in revenue to Rs 6.8 crore as compared to the Rs 3.5 crore in Q3-2014 and 12.4 per cent more than the Rs 6.06 crore in Q3-2015. The operating loss from this segment increased to 9.99 crore as compared to a loss of Rs 6.25 crore in Q4-2014 and a loss of Rs 6.02 crore in the previous quarter.

     

    For FY-2015, NDTV’s Retail/E-commerce segment reported revenue of Rs 19.57 crore as compared to the Rs 5.49 crore in FY-2014. Operating loss from this segment increased to Rs 23.67 crore in the current year from Rs 16.33 crore in the previous year.

     

     

    The other results reported by NDTV for Q4-2015 and FY-2015 are as follows: 

     

    For Q4-2014, the company has pared major expenses, except production expense; and operating and administrative expenses.

     

    Production expense in Q4-2015 at Rs 33.32 crore was 4.6 per cent more than the Rs 31.87 crore in Q4-2014 and 16.4 per cent more than the Rs 28.63 crore in Q3-2015. Production expense in FY-2015 at Rs 120.25 crore was 18.3 per cent more than the Rs 101.61 crore in FY-2014.

     

    The company’s marketing and distribution and promotional (marketing) expense in Q4-2015 at Rs 24.93 crore was 8.8 per cent less than the Rs 27.34 crore in Q4-2014 and 19.4 per cent lower than the Rs 30.91 crore in the previous quarter. For FY-2015, marketing expense at Rs 106.57 crore was 5.6 per cent more than the Rs 100.94 crore in FY-2014.

     

    Employee cost in Q4-2015 at Rs 44.57 crore was 6.7 per cent more than the Rs 41.79 crore in Q4-2014 and 4.4 per cent lower than the Rs 46.64 crore in Q3-2015. For FY-2015, employee cost at Rs 183.55 crore was 4.1 per cent more than the Rs 176.26 crore in FY-2014.

     

    Operating and administrative (Admin) expenses in Q4-2015 at Rs 32.25 crore was 35.4 per cent lower than the Rs 49.96 crore in Q4-2014 and was 18 per cent more than the Rs 27.33 crore in Q3-2015. For FY-2015, Admin expense at Rs 121.98 crore was 14.4 per cent lower than the Rs 142.48 crore in FY-2014.

     

    It may be noted that NDTV’s subsidiaries had paid managerial remuneration for the years 2011-12, 2012-13 and 2013-14, which was in excess of the specified limits / existing Central Government approvals. Following the outcome of representations made to Central Government, the subsidiaries have reversed excess remuneration paid till 30 September, 2014 amounting to Rs 4.71 crore in the previous quarter ended 31 December, 2014 and the amount has been credited in Employee Costs (Rs 1.10 crore) / Operating & Administrative Expenses (Rs 3.61 crore) with consequential impact on the net profit for the quarter.