Tag: Network 18 Group

  • TV9 enters business content vertical, appoints Rakesh Khar as Editor & Business Head

    By A Correspondent

     

    Rakesh Khar

    TV9 Network has appointed Rakesh Khar to set up and lead the business content vertical of its upcoming digital offerings.

     

    Having served the newsroom in a leadership role for over two decades, Khar last served as Editor (Special Projects) at the Network 18 Group, driving campaigns and special initiatives across its media assets. Khar earlier worked with India’s top news brands that include The Economic Times, Television Eighteen, Zee News, DNA and Deccan Chronicle. He also serves on the Executive Council of the Indian Institute of Mass Communication (IIMC).

     

    Commenting on Khar’s appointment, Barun Das, CEO, TV9 Network, said: “As the digital landscape evolves at a breakneck pace, we are coming up with multiple offerings cutting across various geographies, languages and catering to myriad consumer interest areas. Cutting edge technology will be at the core of our digital expansion plans and one can expect some industry-first products. Rakesh Khar joins us to lead one of the critical verticals.”

     

    On his assignment, Khar said: “I am looking forward to being part of the TV9 family as it embraces new benchmarks. The digital architecture has enabled both access and empowerment and time is ripe to bring into the ambit of financialization each and every citizen irrespective of the size of his or her savings. We are here to enable this shift at the grassroots level.”

     

    Welcoming Khar, B V Rao, Group Editor, TV9 Network, said: “The mainstream business media is traditionally focused on select top conglomerates and there is an urgent need to reflect the aspirations of other enterprises. Given our strong penetration in language markets, it is time to tell the economy story from a pan-India perspective. Our digital offerings will be the most credible vehicle to beam success stories while offering investors an opportunity to draw the right dividends from their investments.”

     

     

  • MSL Asia ranks 3rd in M&A leage

    By A Correspondent

     

    Publicis Groupe’s financial communications consultancies in Asia – operating as part of the MSLGROUP network – have been ranked third by volume for Mergers & Acquisitions (M&A) deals, according to mergermarket, a leading M&A intelligence service in the ‘mergermarket League Tables of PR Advisers’ for Q1 2012.

     

    MSLGROUP is Publicis Groupe’s flagship strategic communications and engagement company and the largest public relations and social media network in Greater China and India.

     

    The mergermarket study analyzed the Q1 performance (January to March 2012) of PR advisors in Mergers & Acquisitions (M&A) deals and placed Publicis Groupe’s financial communications consultancies third in terms of number of deals and eighth in terms of collective deal value ($978 million) within Asia Pacific. This represents a jump in ranking from 49th to eighth by value and from the 19th to third by volume.

     

    In Asia Pacific, the mergermarket report has considered four deals advised by Publicis Groupe’s financial communications consultancies – three by Hanmer MSL and one by MSL China.

     

    mergermarket based its ratings on deal values – considering only those over $5million – and number of deals struck. The ‘mergermarket League Tables of PR Advisers’ Q1 2012 is part of the ‘mergermarket’ report that not only evaluates and analyses M&A transactions all over the world on a quarterly and annual basis; but also the performance of PR advisors who act as strategic counsel.

     

    Commenting on the achievement, Jaideep Shergill, Chief Executive Officer of Hanmer MSL, India said: “The global economy has been witnessing consolidation across industries, much of it in the form of mergers and acquisitions. We sense immense opportunities in the M&A space for our finance practices inAsia, especially at a time when many European, American and even Asian firms are looking for quality acquisitions in the region.”

     

    Hanmer MSL India managed M&A communications for leading Indian business groups including Piramal Healthcare (acquisition of 5.5 per cent stake in Vodafone India by Piramal Healthcare), Network 18 Group (acquisition of 100 per cent stake in Eenadu Group by Network 18) and Binani Industries (acquisition of 100 per cent stake in 3B – The Fibreglass Company by Binani Industries).

     

    MSL China advised and managed communications for the Neiman Marcus Group on the US based company’s merger with Glamour Sales Holding, an online retail company, inChina.