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Zenga TV has high growth ambitions in the mobile TV segment

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Everybody yearns for a big-bang entry when they start off their career. The same can be said about Zenga TV which decided to take the path one would rarely tread upon.

At a time when most of the mobile TV platforms were approaching mobile operators to be carried, Zenga TV offered the first free 'live TV' service in the country. People scoffed and laughed but two years after a debut with IPL 2009, serving seven million viewers in over 140 countries, the company has turned profitable. Now, after adding more than 150 channels and 18,000 movies to its kitty, the platform will soon be venturing into delivering original content in 52 genres.

Shabir Momin, who made Zenga TV from scratch, will look for investors in some years to scale up the free mobile TV platform's ambitions

Out of these, production in four genres namely fashion, styling, comedy, fashion and cooking will be done by Zenga, itself while the rest will be aggregated from all over the world such as music, gaming, extreme sports, travel and other fashion. "These four genres need localisation," says Zenga TV founder, MD and CTO Shabir Momin.

A technologist all his life, Momin and his friend Vikramjiet Ray invested about six to seven million dollars into this venture which started reaping profits within two years. Industry sources put it at anywhere between Rs 2-3 crore per annum.

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Starting off at a time when the minimum bandwidth was 20-25 kbps in India as compared to 78 kbps in other parts of the world, they developed a code to provide live streaming at 2.5G and at this low bandwidth. Even though 3G is being promoted, only 10 percent of Zenga TV's users are 3G users. The arrival of 4G will only enhance the picture quality, according to Momin.

Zenga TV has a long list of Indian channels as well as 30 international ones which are genre specific. However, 70 per cent of the traffic comes from movies while 30 per cent from channels out of which Aaj Tak, Pogo, 9xm are some of the popular ones. Animated content being in the top ten has surprised even those at Zenga TV. Some of the other channels it streams live are NDTV Profit, Raj News Kannada, Focus TV, Big Magic, 9XM, Sahara filmy.

One of the news channels on the portal which wished to remain unnamed said that two years ago when they got into a deal with Zenga TV it helped it because it targeted non-smartphone users, even though it had an application of its own. However, its expectations from the association has been only 'just met' and in order to have more control from its side it is looking at revaluating the contract and seek more opportunities outside of Zenga TV.

"Zenga TV is not very viable because broadcasters do not want to lose big money from their DTH and cable operators who may object to live streaming for free on the internet at the same time making money on advertising," says media consultant Sanjeev Hiremath. This could be why Star, Zee, Sony etc are not part of the bouquet but are available on its competitors Ditto TV and Apalya. Demand for these channels is there; according to Momin, but since there is no ROI for it and so he opted to not negotiate with them. To date a 50:50 revenue share is maintained with all its channels. Market estimates varied from approximately Rs 25,000 to Rs 7-8 lakh per channel. 

"I would rather give you exciting and intriguing content which is cost effective for me as well," states Momin.

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Speaking in terms of demographics, 45 per cent of viewership comes from rural India while 35 per cent comes from urban cities, Delhi and Mumbai being the larger chunk of it; the rest from tier II cities. Local retailers propose a data plan to customers which will let them watch free TV on mobile. This benefits the customers as a lot of times electricity isn't available to watch TV and the plan is approximately Rs 200 a month. It also means customers coming back to them every month.

Abhishek Joshi joined the team a few months ago to spearhead the project from Mumbai The time when most traffic is on it is from 11:00 am to 2:00 pm. The average time span is 10 minutes per view and six to eight views per month each amounting to 250 million views per month. And is a male dominated area wherein 70 per cent viewers are men. The target group is 13 to 65 years but a majority of the viewers are the young audience between 18 to 35 years. About 85 per cent of viewers are from India while UK, US and UAE keep juggling in the top three spot from the international countries.

It has an automatic system that adds servers to tackle unexpected increase in traffic, when it isn't manned and when traffic goes down, it automatically kills the servers. From two, the team now consists of 55 to 60 people in Delhi and Mumbai with an attrition rate of just 0.5 per cent most of the team being freshers who are brimming with ideas. Momin who was formerly the CEO, gave way to Abhishek Joshi to be the CEO in July 2012, marking the beginning of the Mumbai office. Bangalore and Kolkata are the next expansion destinations.

At inception it was available on Windows, Android and iOS while Symbian 60 was added recently. Anybody with a browser could view. Everything is cloud based with seven Amazon servers across the world. It was only in 2012 that the app was created. Momin maintains that an app will not be made for Blackberry phones. It has over 10,000 fans on its Facebook page.

Zenga TV works purely on advertising with more than 60 brands currently, most of them from India. It got its break when it bagged Pepsi during its telecast of IPL 2009. Cadbury, Red Bull, Aditya Birla, Fiat are some of the other brands it has deals with. Both video and banner ads are present but what is prevalent more is video ads that are either pre roll or mid roll. Industry sources put the CPT for a video ad at Rs 300- 350 and a banner ad at Rs 180-190. The annual revenue would be around Rs 13-14 crore per annum. Just like on television, depending on the customer's brand campaign the ads can be modified such as L-shaped ads or bugs. It can also be targeted based on content, channel and geography. A team of five works on ad sales.

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Media planners seem to be skeptical despite Zenga TV's claims. Ignitee digital media planner Saurav Kumar says that it is a good advertising platform if the client is targeting mobile phone customers. However, he adds that mobile phone commerce is still at a very nascent stage. "There is not much ROI on mobile advertising," points out Kumar. Lodestar Universal vice president Deepak Netram believes that Zenga TV is yet to gain critical mass but as an add-on, it is a great platform available.

Money spent on mobile advertising is just five to ten per cent of the total as of now and the only way an increase can be seen is when the coverage of 3G increases and the price of 3G subscription decreases. In a mobile TV market of 30 million dollars, Momin claims Zenga TV owns about 60 per cent of it. "If you ask me, mobile TV advertising is the future," says Hiremath.

Momin stated that he had initially approached mobile operators, which was the custom around 2007 but the business model was hitting a negative end for him so he decided to set up his own brand and connect directly with the users. It could have been a risky stance, but he decided to be his own master than be someone's slave (in this case the operators). "We are the only profitable company in this space. All the others are more than fifty points negative," he claims. "Most of my competitors work for operators," he says. Had Zenga TV decided to go the same way they wouldn't have been able to control price point.

Apparently, not a single penny goes into marketing Zenga TV and everything was done by word-of-mouth. More than 50 per cent of users tend to come back and Momin attributes it to the fact that they have no system of registration or forcefulness.

Changes have also come about since then. To increase content discovery, a search bar and index were added. Some football sports are being reviewed but only half of sports content is financially viable for it.

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Consumption patterns have changed from channel specific to genre specific viewership. 

Predictions are that the current space of mobile TV advertising is about Rs 150 crore and in two years time it is set to multiply to Rs 3,000 crore due to better network. Zenga TV sets itself a target of doubling its viewership, profit and revenue and for the last three years they've surpassed their own predictions.

As for the future, Momin says he might think of raising investors or IPO someday but he will not give up ownership of the company. "I didn't want to have investors initially because they have their POV and they drive it in a way you may not want to," he says.

There is a general feeling that digital is the way forward. Zenga TV has achieved some success but still stays relatively unknown. In Momin's words, "Those who don't know Zenga TV don't use Zenga TV."

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Barc forensic audit in TRP row awaits as Twenty-Four probe gathers pace

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KERALA: A forensic audit commissioned by the Broadcast Audience Research Council (BARC) India has emerged as the centrepiece of the government’s response to fresh allegations of television rating point manipulation involving a regional news channel in Kerala, with both the audit findings and a parallel police investigation still awaited.

Replying to a query in the Lok Sabha, minister of state for information and broadcasting L Murugan, said Barc had appointed an independent agency to conduct a forensic probe into the conduct of senior personnel allegedly linked to the case.

The move followed media reports claiming that a Barc employee had accepted bribes to manipulate viewership data in favour of a regional television news channel.

“The report from BARC is still awaited,” Murugan told Parliament, signalling that the forensic exercise remains ongoing.

Industry specialists say forensic audits are crucial in alleged TRP fraud cases, as they examine internal controls, data access trails, panel household integrity, staff communications and financial transactions. The outcome could determine whether the alleged manipulation was an isolated breach or a deeper systemic weakness in India’s television measurement framework.

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Running alongside the audit, the Kerala Police has formed a special investigation team to probe the allegations. The ministry has sought a preliminary report from the state’s director general of police, including details of action taken on the first information report. That report, too, is yet to be submitted.

The episode has revived long-standing concerns over the vulnerability of India’s TRP system, particularly in regional news markets where competition for ratings is fierce and advertising revenues hinge on weekly viewership rankings.

India’s sole television audience measurement body Barc, has faced scrutiny before, most notably during the nationwide TRP controversy involving news channels in 2020. While tighter compliance norms were introduced in the aftermath, the latest allegations suggest enforcement challenges may persist.

On regulatory consequences, the government said any punitive action against television channels, including suspension or cancellation of uplinking and downlinking permissions, would be governed by the Policy Guidelines for Uplinking and Downlinking of Television Channels issued in November 2022, and would depend on investigation outcomes and due process.

The ministry also pointed to ongoing efforts to overhaul the ratings ecosystem. Television measurement continues to be regulated under the Policy Guidelines for Television Rating Agencies, 2014. Draft amendments were released for public consultation in July 2025, followed by a revised version in November 2025, aimed at tightening audit mechanisms and improving transparency and representativeness.

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In November 2025, Barc said it had taken note of allegations aired by Malayalam news channel Twenty-Four, which linked an internal employee to irregularities in audience measurement. The council said it had engaged a “reputed independent agency” to conduct a comprehensive forensic audit, underscoring the seriousness of the claims.

The ratings system sits at the heart of India’s broadcast advertising economy, shaping billions of rupees in annual ad spends. With trust in audience data once again under strain, advertisers, broadcasters and regulators are closely watching the outcome of the investigations.

Barc has urged industry stakeholders and media organisations to exercise restraint while the probe is underway, calling for an end to “unverified or speculatory claims” and reiterating its commitment to integrity and accountability.

Until the forensic audit and police findings are submitted and reviewed, the government said it would refrain from drawing conclusions.

 

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Rajat Sharma defamation row: Delhi court summons Congress leaders Ragini Nayak, Pawan Khera and Jairam Ramesh

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NEW DELHI: A Delhi court has ordered the summoning of senior Congress leaders Ragini Nayak, Pawan Khera and Jairam Ramesh in a criminal case filed by veteran journalist Rajat Sharma, sharpening a legal battle over alleged defamation and doctored digital content.

The order was passed on Monday by Devanshi Janmeja, judicial magistrate first class at Saket Courts, after the court found prima facie grounds to proceed under multiple sections of the Indian Penal Code, including forgery, creation of false electronic records and defamation.

Sharma, chairman and editor-in-chief of India TV, had approached the court over allegations made in June 2024 that he had used derogatory language against Congress spokesperson Ragini Nayak during a live television debate. He denied the charge, claiming it was fuelled by a manipulated video circulated online.

According to the complaint, a clipped version of the broadcast carrying superimposed captions, which were not part of the original programme, was first shared on social media platform X by Nayak and later amplified through retweets and public statements by Khera and Ramesh. Sharma said the viral spread caused serious reputational harm and personal distress.

The court took note of forensic science laboratory findings that pointed to visible post-production alterations in the video, including added titles and captions. It also cited witness testimonies from those present during the live broadcast, who stated that no abusive or objectionable language had been used.

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In a related civil matter, the Delhi High Court had earlier observed a prima facie absence of abusive remarks and directed the removal of the disputed social media posts.

With criminal proceedings now set in motion, the case adds to mounting scrutiny around political messaging, digital manipulation and accountability on social media platforms.

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Mukesh Ambani, Larry Fink come together for CNBC-TV18 exclusive

Reliance and BlackRock chiefs map the future of investing as global capital eyes India

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MUMBAI: India’s capital story takes centre stage today as Mukesh Ambani and Larry Fink sit down for a rare joint television conversation, bringing together two of the most powerful voices in global business at a moment of economic churn and opportunity.

The Reliance Industries chief and the BlackRock boss will speak with Shereen Bhan, managing editor of CNBC-TV18, in an exclusive interaction airing from 3:00 pm on February 4. The timing is deliberate. Geopolitics are tense, technology is disruptive and capital is choosier. India, meanwhile, is pitching itself as a long-term bet.

The pairing is symbolic. Reliance straddles energy transition, digital infrastructure and consumer growth in the world’s fastest-expanding major economy. BlackRock, the world’s largest asset manager, oversees more than $14 tn in assets and sits at the nerve centre of global capital flows. When the two talk, markets tend to listen.

Fink’s appearance marks his third India visit, a signal of the country’s rising strategic weight for the Wall Street-listed firm, which carries a market value above $177 bn. His earlier 2023 trips included an October stop in New Delhi, where he met both Ambani and Narendra Modi.

India is now central to BlackRock’s expansion plans, notably through its joint venture with Jio Financial Services. Announced in July 2023, the 50:50 venture, JioBlackRock, commits up to $150 mn each from the partners to build a digital-first asset-management platform aimed at India’s swelling investor class.

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The backdrop is robust. BlackRock ended 2025 with record assets under management of $14.04 tn, helped by $698 bn in net inflows, including $342 bn in the fourth quarter alone. Scale gives Fink both heft and a long lens on where money is moving.

He has been openly bullish on India. At the Saudi-US Investment Summit in Riyadh last year, Fink argued that the “fog of global uncertainty is lifting”, with capital returning to dynamic markets such as India, drawn by reforms, demographics and durable return potential.

Expect the conversation to range beyond balance sheets, into technology’s role in finance, access to capital and the mechanics of sustainable growth in a fracturing world order. For investors and policymakers alike, it is a snapshot of how big money is thinking about India.

At a time when capital is cautious and growth is contested, India wants to be the exception. When Ambani and Fink share a stage, it is less a chat and more a signal. The world’s money is still looking for its next big story, and India intends to be it.

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