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Tag: NDTV Profit

  • Also to elevate newsroom production capabilities, and lay foundation for AI adoption

    NDTV Profit selects Nutanix to run core news applications

    NDTV Profit has selected Nutanix, a hybrid multicloud computing firm, to run core News Applications and prepare for AI. It will also turn its data centre into a private cloud that is being used to run 95 percent of its operations, including core applications for newsroom editing and production, stock data, asset management, and archiving.

    Said Harmit Singh Malhotra, Chief Technology Officer, NDTV Profit: “Imagine a world where every moment counts, where millions of eyes are watching, and where perfection is not just a goal, but a necessity. This is our reality, and we’ve embraced it with open arms. Thanks to Nutanix, we’ve not only accelerated our workflow, but we’ve also revolutionized it. We’ve broken through barriers we once thought impenetrable, and we’re handling massive amounts of data with the snap of a finger. In addition, our team can now collaborate in real time, breathing life into creativity and innovation like never before. And through it all, we can broadcast non-stop, 24/7, and be a beacon of reliability for our viewers in an ever-changing world. This isn’t just about technology; it’s about pushing boundaries, defying limits, and showing the world what’s possible when we dare to dream big. Together, we’re not just adapting to the future – we’re creating it.”

    Added Prasanna Ranade, Senior Director – Sales, Nutanix India & SAARC: “By using Nutanix, NDTV Profit is setting a new benchmark in operational agility and performance and is well-positioned to leverage advancements like AI. Our partnership underscores our commitment to driving innovation and resilience in the media industry, and we are excited to support NDTV Profit in their ongoing journey towards a more dynamic and future-ready media environment.”

  • The sources add that there have been fairly advanced levels discussions with some on the sale of Profit, but none finally ended in a deal

    Curtains for NDTV Profit. Biz programming to now feature on NDTV 24×7

    By A Correspondent

     

    So it’s curtains for NDTV Profit. New Delhi Television, which is listed with the stock exchanges, issued a communique saying: “NDTV has decided to transfer its business programming from Profit to regular business and finance segments on NDTV 24×7. This will mean suspending the current trading hours programming on Profit while Prime will continue as a channel.” According to information received, today (Friday, June 3) will be the last day when Profit will air the trading hours live.

     

    While the statement adds that “NDTV does not rule out reviving a business channel when the circumstances are appropriate”, sources say that it is indeed the end of the channel the way we see it today. The sources add that there have been fairly advanced levels discussions with some on the sale of Profit, but none finally ended in a deal.

     

    Meanwhile, Prime will continue as the primary focus will be on entertainment and infotainment, and advertiser-funded content.

     

    As for NDTV Profit, the going hasn’t been good for a while now. In fact the audience measurement numbers from BARC have seen the channel being a distant third in the pecking order in the 22+-year-males slice of urban and rural markets.

     

  • This is perhaps one of the most creatively exciting new ventures NDTV has launched, with so many 'firsts' for television in India

    NDTV Profit splits to offer stockmarket shows at trading hours, sponsored bands as NDTV Prime in the evenings and on weekends

    By A Correspondent

     

    NDTV has announced the rollout of a two-in-one channel – NDTV Profit and NDTV Prime. The announcement was made at a function held at the Trident, Bandra in Mumbai.

    On the channel, NDTV Profit, in a fresh association with The National Stock Exchange of India will operate from 9am to 5pm on weekdays and will offer viewers in-depth and credible business news and analysis during market hours.

    Speaking on NSE’s partnership with NDTV, Chitra Ramakrishna, MD & CEO of the National Stock Exchange (NSE) said, “I think this is a very good initiative and comes together with what NSE has been trying to do over the last few years in terms of investors outreach. NSE always reaches out to various segments of audiences starting from school children at one end to senior citizens. Some of you may be financially savvy, some of you may not be. But we believe that it is really our accomplished sort of objective to reach out to everyone to spread financial literacy at one end, and better investor awareness. So the best way to do this is to have knowledge outreach programmes and the more creative and varied the channels are, we are able to reach out to impart that kind of education.”

    From 5pm and on weekends, the channel will sport a brand new avatar – NDTV Prime, which is in association with Micromax. The channel is targeted at the 25+ urban male and will offer an interesting blend of ‘specialty bands’, which will showcase through the week across genres such as Technology, Auto, Property, Education & Careers, Entertainment and Comedy.

    Rahul Sharma, Co-founder, Micromax said, “Micromax has always looked at unique partnerships that bring alive newer experiences for Indian audiences through our brand associations and product offerings. We are very happy to partner with NDTV for their new and exciting venture NDTV Prime – India’s first dual channel, a new infotainment channel that will reach out to newer audiences through great content across different genres. With digitization and advancement of technology, we are seeing a trend for greater consumption of high quality content among the viewers. NDTV Prime provides an ideal opportunity for Micromax to reach out to evolved viewers through new programming on lifestyle, reality, automobiles, sports, music, property, gadgets & gizmos and comedy, all of which are showing increasing acceptance among Indian viewers. Our best wishes are with NDTV, and look forward to a long-term association.”

    Announcing the launch of NDTV Prime, Dr Prannoy Roy, Co-Chairperson, NDTV said, “This is perhaps one of the most creatively exciting new ventures NDTV has launched, with so many ‘firsts’ for television in India. The reactions so far, from advertisers and sponsors have been very, very positive. This new concept, with two prime times, changes many of the traditional views on what primetime viewership is all about!”

    In a first, sponsors are already on board partnering with the genres that fit in with their brands. Videocon d2h has come on board for ‘Ticket to Bollywood’ while Croma is the overall Technology Band sponsor. MRF is on board for the Auto Band and Supertech continues its association with the Property Band.

     

  • Billed as a first-in-India channel concept, NDTV Prime will be launched on March 17.2014

    NDTV Profit to convert to NDTV Prime post trading and on weekends

    By A Correspondent

     

    For a few months now, news and lifestyle television network NDTV has attempted to shore up the fortunes of its business news channel, NDTV Profit.

     

    Having been unsuccessful with attempts to sell the channel, operations were rationalized and non-stocktrading hours were converted to content reruns and special programming.

     

    Now the channel is official converting to a hybrid format with the business channel staying on during market hours, but with an all-new channel called NDTV Prime coming on in the evenings and on weekends. This was announced along with the earnings release on Friday where NDTV announced standalone positive EBITDA of Rs 9.5 crore in Q3 as opposed to an EBITDA loss of Rs 5.8 crore in the previous quarter.

     

    NDTV Prime, billed as a first-in-India channel concept, will be launched on March 17.2014.

     

  • As NDTV reports a PAT of Rs 2 crore for FY 2012-13 as compared to a loss of Rs 87 crore for FY 2011-12, there are few aces up its sleeve

    Austere and reporting profits, NDTV to relaunch biz channel in new avatar

    By Ananya Saha

     

    Happy days are here again for NDTV as it posts profits for the year ended March 31, 2013. NDTV has reported a PAT of Rs 2 crore for FY 2012-13 as compared to a loss of Rs 87 crore for FY 2011-12. It has reported net profit after tax of Rs 28 crore for this quarter as compared to a net loss of Rs 41 crore in the same period last year.

     

    Vikram Chandra

    Vikram Chandra, Group CEO, NDTV, told MxM India, “There are range of factors that have contributed to the profits. We have been doing series of austerity measures across the businesses. The benefits are now starting to be seen. To a large extent, we are trying to de-risk ourselves from the pure FCT-based model and trying other ways to provide brand solutions to companies. Those revenue streams are looking very robust and doing very well.” He also said the benefits of digitization, though it has been in play for the last few months only, are starting to be felt even as full benefits will be felt only in few months or year from now as subscription money starts to come in and carriage fees drops.

     

    “Exciting new growth verticals, Convergence for instance, the online business has started to contribute meaningful money in terms of revenue and profitability. So that also adds to the impact,” Mr Chandra reasoned.

     

    Mr Chandra also spoke about the re-launching NDTV Profit in a new avatar, when asked about the reasons to shift the channel back to Delhi. He said, “One of the big focus for us in the next few months is going to revamp and re-launch NDTV Profit. And as part of that, we thought it was not an optimal thing to do to have two hubs – one in Delhi and one in Mumbai. A lot of programming that the renewed channel is going to be doing now is stuff that can be very well managed out of Delhi.”

     

    While he did not say anything about how soon will the revamp go on-air, he did talk about how the profits are a reflection of what the industry is facing as a whole. Mr Chandra said, “A lot of what we are seeing is the impact of external factors that the industry as a whole is seeing, whether it is on net ad billing or fixing the ratings system or digitisation, many of these are factors that the industry has been fighting and we are a part of it. And we hope to have some success in those areas.”

     

    On the recent development on the call for a statutory regulator by the Parliamentary Committee over the issue of paid news, Mr Chandra shared, “Obviously, none of us like paid news. It is an obnoxious concept. In general, we have preferred self-governance and we have always preferred it as a way to govern the industry. We do believe, till the model of television news is set right – by digitization – and reliance of advertising and reliance on TRPs starts to come down, both will improve the business model of the broadcaster, and some of that would help remove some of these tendencies.”

     

    During the year, NDTV Emerging Markets BV, a step-down subsidiary of the company, ceased to exist with effect from September 12, 2012, having been placed into liquidation earlier. However, Mr Chandra is positive about the future of the group. He concluded, “Once you start posting profits, you have to keep posting profits, is obviously our intention. Now, we cannot make a forward-looking statement as to what we are going to do, but we are going to take a lot of measures that will keep the business on a robust footing.”

     

     

  • Planning Commission Deputy Chairman Montek Singh Ahluwalia will be the chief guest at the 7th edition of the NDTV Profit Business Leadership Awards to be held in New Delhi on April 8

    Corporate czars to be honoured at NDTV Profit awards on April 8

    By A Correspondent

     

    NDTV Profit is getting ready to confer business czars with the Business Leadership Awards on April 8, 2013, presented by Supertech.

     

    Instituted in 2006, the NDTV Profit Business Leadership Awards have successfully established themselves as the premier platform to recognise individuals and establishments who have achieved notable entrepreneurial success in the country. The 7th edition will salute business pioneers whose inexorable pursuit of excellence has fuelled India’s journey to the forefront of the world economy. The Award ceremony will be attended by the creme de la creme of the corporate world with the Deputy Chairman of the Planning Commission, Montek Singh Ahluwalia, as Chief Guest.

     

    Vikram Chandra

    Announcing the 7th edition of the awards, Vikram Chandra, Group CEO, NDTV said, “In the past couple of years, India has emerged as one of the fastest growing economies in the world. One of the backbones of this achievement is Corporate India and with these awards we aim to recognize their contribution to the country and honour the most resilient and the strongest business leaders of this year.”

     

    Leading names from industry and the business world comprised the jury for this year’s NDTV Profit Business Leadership Awards 2012  including Ms. Shanti Ekambaram, President, Corporate & Investment Banking, Kotak Mahindra Bank; Mr. T N Ninan, Editor & Publisher, Business Standard; Mr. Dorab R Sopariwal, Editorial Advisor, NDTV; Ms Naina Lal Kidwai, Group General Manager & Country Head, HSBC India; Ms Kalpana Morparia, CEO, J P Morgan India; Dr Tarun Das, Former Chief Mentor, CII, Dr. Prannoy Roy, Executive Co-Chairperson, New Delhi Television Ltd; and Mr Aunindyo Chakravarty, Senior Managing Editor, NDTV Profit.

     

    The categories to receive awards are Automobile (Four Wheelers and Two Wheelers), Aviation, Banking (Public and Private), Consumer Durables, Consumer Product Goods, Engineering, Hospitality, Infrastructure and Insurance Life, Corporate Social Responsibility and Inclusion and Diversity.

     

    Some earlier recipients of the NDTV Profit ‘Business Leadership Awards’ who have been honoured for their entrepreneurial excellence include Mukesh Ambani, Uday Kotak, Anand Mahindra, Sunil Bharti Mittal, AM Naik, Kumar Mangalam Birla, N Chandrasekaran, Pawan Munjal, Vikram Pandit, NR Narayana Murthy and Deepak Parekh.

     

  • Docs+ is a new weekly series on the channel which will showcase powerful documentaries on global issues

    NDTV Profit to spotlight social & environmental issues

    By A Correspondent

     

    NDTV Profit’s Docs + is back with a new documentary featuring ‘Earth Focus’. The documentary is produced by Raisa Scriabine and will aim to put a human face on pressing environmental issues in South Asia.

     

    Speaking on why there is a need to have such shows, the spokesperson for the channel said: “It is important to raise awareness on vital subjects that focus on key social or environmental issues in India, like child marriage, farmer suicides, water privatization, sustainable agriculture, female foeticide and trafficking of women.”

     

    ‘Earth Focus’ will investigate the relationship between human consumption and sustainable production methods in various regions of India, including Ladakh and the Sunderbans in Bangladesh. With soaring food prices, a growing population and changing climate, modern food production has to be commercially viable and involve sound environmental practices.

     

    Docs+ is a new weekly series on the channel which will showcase powerful documentaries on global issues. The channel is expecting a good response from viewers as it feels that such issues are in the limelight now and people are ready to learn about them.

     

    The show will go on air on August 11 at 10pm and will be repeated at 5pm on Sundays.

     

  • The awards will salute the business leaders whose relentless pursuit of excellence fuelledIndia’s journey to the forefront of the world economy

    NDTV Profit Business Leadership Awards to honour India Inc

    By A Correspondent

     

    NDTV is all set to honour India Inc at the seventh NDTV Profit Business Leadership Awards. The awards will salute the business leaders whose relentless pursuit of excellence has fuelledIndia’s journey to the forefront of the world economy.

     

    Announcing the seventh edition of the awards, Manvi Dhillon, Managing Editor of NDTV Profit said, “2011 was an extremely challenging year for corporate India. Despite the global headwinds and the domestic challenges, India Inc stood steady. The evidence lies in the fact thatIndiais still one of the fastest growing economies in the world. We, at NDTV, are proud to announce the seventh edition of the NDTV Profit Business Leadership Awards to recognize and honour the most resilient and the strongest business leaders of this year.”

     

    The Award ceremony will be a high powered event with the crème de la crème of corporateIndiaattending it and will be graced by Union Finance Minister Mr. Pranab Mukherjee as Chief Guest in Mumbai on January 7, 2012.

     

    Partnering NDTV for the awards, Kanakia Group’s Rasesh Kanakia, Chairman and Managing Director, said, “2011 was a year of economic challenges; some of them being of the kind that could wither the roots of any business house, as market volatility (affected by global economic slowdown) led to uncertainties, thus slowing down growth plans. Consumers became tougher to appease, investors became conservative in taking decisions and business houses got more aggressive to sustain their growth. All in all, it was a year where success got elusive, but Indian Business has shown the character and the courage to have sustained well. Having been a witness to such a strong show of character, it only makes us proud to associate with NDTV Profit in honouring some of these extraordinary business leaders..”

     

    The jury for the NDTV Profit Business Leadership Awards this year comprised leading names from the industry and the business world such as Naina Lal Kidwai, Group General Manager and Country Head, HSBC India; T N Ninan, Chairman and Editorial Director, Business Standard; Kalpana Morparia, CEO, J P Morgan, India; Shanti Ekambaram, Group Head Wholesale Banking, Kotak Mahindra Bank;  Zia Mody, Senior Partner, AZB & Partners; Prannoy Roy, Chairman, NDTV; Dorab Sopariwala, Editorial Advisor, NDTV; Manvi Dhillon, Managing Editor, NDTV Profit.

     

    After a rigorous screening process and discussion amongst the eminent jury members they have determined the winners in categories that include Automobile (Four Wheelers and Two Wheelers), Aviation, Banking (Public and Private), Consumer Durables, Consumer Product Goods, Engineering, Hospitality, Infrastructure and Insurance Life, Corporate Social Responsibility and Inclusion and Diversity Award.

     

  • NDTV Profit and Hero MotoCorp Ltd Have launched the contest ‘A Search for India’s Stock Market Hero’ beginning November 8, on NDTV Profit.

    Search on for Stock Market Hero

    By Akash Raha

    NDTV Profit and Hero MotoCorp Ltd. launched the contest ‘A Search for India’s Stock Market Hero’ beginning November 8, on NDTV Profit. This new and exciting contest will give an opportunity to every stock market enthusiast to win Rs. 50,000 every two hours and upto Rs. 2 lakhs everyday for the next three months.

    Speaking on the channel’s new offering, Vikram Chandra, Group CEO, NDTV, said “We have always believed in creating exciting formats to keep our viewers engaged. This is not just any regular stock market game. It’s a contest of both skill and knowledge. And it will help investors get a deeper understanding of financial markets”

    All the viewers have to do to win is answer two simple questions: “Which stock which will gain the most in the next two hours?” and another question related to the programme on-air.

    Anil Dua, Sr Vice President (Marketing & Sales), HeroMotoCorp Ltd., said ”The new ‘Hero’ has arisen and is all poised to carry forward its rich legacy, setting new benchmarks with record performance and cutting-edge products. It is this spirit of ‘Hum Mein Hai Hero’ which reflects in all our brand associations.”