Tag: Udayan Mukherjee

  • Business Today further beefs up top deck

    By Our Staff

     

    In line with its aggressive expansion into business and economic news and also working towards the rumoured launch of an aggressive video/television play, the India Today Group (ITG) has tapped more top industry talent for its Business Today team.

     

    Alok Nair
    Alok Nair
    Alokesh Bhattacharyya
    Alokesh Bhattacharyya
    Aayush Ailawadi
    Aayush Ailawadi

    The ITG has appointed Alok Nair as Chief Revenue Officer, and senior journalists Alokesh Bhattacharyya as Managing Editor and content strategist Aayush Ailawadi as Tech Editor of Business Today.

     

    In June this year, the group announced the appointment of Udayan Mukherjee as its Global Business Editor and host of a daily business show. Later, it appointed Sourav Majumdar as the new Editor of Business Today magazine, and Siddharth Zarabi, as Managing Editor of Business Today TV. Also, Anirban Roy, formerly with The Wall Street Journal and Reuters, was appointed Business Today’s Online Editor and Aabha Bakaya as co-host of the Business Today TV show.

     

  • Sourav Majumdar joins Business Today as Editor, Siddharth Zarabi to lead TV wing

    By Our Staff

     

    Close on the heels of Udayan Mukherjee joining as its Global Business Editor, the India Today group has announced two more senior appointments as part of its plans to bolster its coverage of business news in the post-pandemic economic order.

     

    Sourav Majumdar
    Sourav Majumdar
    Siddharth Zarabi
    Siddharth Zarabi

    Sourav Majumdar is the new Editor of the Business Today Magazine, and Siddharth Zarabi will be Managing Editor of Business Today TV. Majumdar has led the Indian editions of Fortune and Forbes and earlier Entrepreneur magazine.

    Zarabi, who was Editor of BTVI (earlier Bloomberg TV India) until recently, has been with CNBC TV18 in the past as well as Business Standard and The Indian Express.

     

    Speaking on the appointments, Kalli Purie, Vice Chairperson of the India Today Group, said, “Every once in a while, the business arena goes through an irreversible change. In the midst of this disruptive flutter, the real journalists and real ideas reshape the world. We are happy to be on the leading edge of this transformational journey with the most credible journalists, an enviable legacy and a truly Omni platform multimedia Business Today Experience”

     

     

  • Udayan Mukherjee joins India Today Group

    By Our Staff

     

    Udayan Mukherjee

    The India Today Group has announced that it has retained the services of well-known business news face Udayan Mukherjee to bolster its coverage of business news. There will be a new on-air show hosted by Mukherjee.

     

    Said Kalli Purie, Vice-Chairperson of the India Today Group: “Udayan brings with him a sharp insight into the future of business. As we grapple with the normal, new normal and abnormal we need his talent and a much-needed global perspective on helping us cope with the post-pandemic economy,” “His grasp of financial markets, innovation-driven businesses, fintechs, and micro- and macro-economic trends will cater to the growing appetite among the young generation of professionals, entrepreneurs, and startups for a clearer understanding of the new order of things. The India Today Group is delighted to have him on board as the host of our new Business Today show.”

     

    Added Mukherjee: “I am delighted to be part of the India Today family. Having always admired the extensive and enormous reach of brands such as India Today, Business Today and TV Today, I am really looking forward to the opportunity of reaching out to their audiences and engaging with them. The whole world of business has been turned on its head. Business is not going to be the same again after the pandemic. And everybody — from business leaders to policy-makers — has to look at the world through a very different lens. It would be a great opportunity to engage with the business world once again but from a different perspective, through a different lens.”

     

    The India Today Group, added a communique, would also be leveraging Mukherjee’s considerable experience to enhance its business offerings across print, television, and digital platforms.

  • Distribution push ensures CNBC-TV18 touches new high on Budget Day

    By A Correspondent

     

    So what led leading English business news channel CNBC-TV18 to score a new high in terms of ratings on Budget Day? While the channel has been ahead of competition for a while, on Feb 1 when Finance Minister ArunJaitley read out his Budget Speech in Parliament, CNBC-TV18 gained 86 per cent market share vis-à-vis rival ET Now which was at just 10 per cent. CNBC-TV18 was #1 with 92 per cent share while the main speech was on with ET Now at 7 per cent, BTVi at 1 per cent and NDTV Profit & NDTV Prime at 0.4%.

     

    According to industry sources, there are a variety of reasons that led to the flagship news channel of the Network 18 group to gain much traction around the Budget. While the line-up of invited guests was roughly the same across channels with a few additional names with each of them and some going to ET Now ahead of CNBC-TV, what turned the tide in favour of the older business channel was the presence of former editorial head Udayan Mukherjee.

     

    Mukherjee is decidedly the best known name at trading hours on business television, and along with him the core team of Shereen Bhan, Latha Venkatesh, AnujSinghal and Sonia Shenoy  Contrast this with ET Now’s  Sandeep Gurumurthi, SupriyaShrinate, NikunjDalmia, Ayesha Faridi and Tanvir Gill plus veteran journalist Swaminathan Aiyar and it was clearly Advantage CNBC-TV18.

     

    But along with the content thrust and bringing Mukherjee down from his Himalayan abode for the special broadcast was the distributional arsenal deployed by CNBC-TV18. The creation of the landing page, which has been described as a legitimate albeit expensive exercise to ensure viewership is maximised, is what led to a significant spike, said an industry insider.

     

    While the Budget Day success may considered to be a one-off, amongst business channels typically, a high here portends well for the channel through the rest of the year.

     

    Clearly it’s a mix of content and distribution (and hence promotion) which works for viewership spikes.

     

  • Face of CNBC TV18 Udayan Mukherjee steps down. Will continue, but Shereen Bhan to be Managing Ed

    By A Correspondent

     

    Udayan Mukherjee

    Udayan Mukherjee, Managing Editor, CNBC-TV18 has decided to step down from his full-time role, after 15 years of service with the group. “The reasons for this change are entirely personal,” notes a communiqué from Network 18 sent to the media. “Udayan has been facing issues of professional exhaustion and wants to devote more time to other pursuits of personal interest. However, he will continue his exclusive association with the group, albeit in a contributory and consulting role, through a mix of events, shows and appearances, even as he relinquishes his daily responsibilities.” Shereen Bhan, Executive Editor, CNBC-TV18 will take over responsibility of the day-to-day operations of the channel as its Managing Editor from September 1.

     

    Shereen Bhan

    Widely regarded as the face of the channel given that he anchors its widely watched stockmarket coverage, a media planner who spoke to us on conditions of anonymity said it would be too early to say that Mr Mukherjee irregular presence will impact CNBC-TV18 much. He is not moving to another network so there is no fear on that score, the planner told MxMIndia.com.

     

    Speaking on the development, Raghav Bahl, Founder & Editor, Network18 said “Udayan has contributed to the emergence of CNBC-TV18 as a benchmark in business news since its formative years. He has ably led the team to many successes and we wish him the very best in his new avatar at CNBC-TV18. Shereen has all the skills and experience to take this mantle forward and we look forward to her leadership.” Added B Sai Kumar, Group CEO,Network18: “Udayan has been instrumental in making CNBC-TV18 the success it is today. We thank him for his invaluable contribution and look forward to his new role with us. In Shereen we entrust the task of leading CNBC-TV18 onto new levels of growth and leadership”

     

    Commenting on the transition, the 41-year-old Mr Mukherjee said: “I have had a rewarding and enriching 15-year stint with Network 18, but of late the responsibility of running the channel had become repetitive and I had a difficult time motivating myself to continue. At this stage of my life, I need to devote more of my time to other personal passions and interests.”

     

  • India Inc prepares for earnings season, expectations muted: CNBC-TV18

    By A Correspondent

     

    It has been a tough 12 months for India Inc. and expectations are subdued from the Q4 results. Political uncertainties continue to plague the markets, revenue and margin are under pressure and the rupee is on tenterhooks. Investors and analysts are not expecting any positive surprises this time around. A disappointing Q4 may lead to a loss in confidence and money moving out of the markets. Questions are already being asked if Indian growth story is losing its sheen and investors are hoping that there is no further negative news.

     

    As the earnings season looks set to provide the barometer for the market sentiment of the nation’s economy, CNBC-TV18 presents ‘Boardroom’, the premier show which provides comprehensive earnings analysis of the India Inc. at the end of this financial year.

     

    The earnings season will start with earnings estimates, analyst views and brokers polls. The day of the results will feature management interviews and stock update of some ofIndia’s largest companies. This will be followed by analysis on Boardroom with the company board, top management, CEOs, noted analysts and fund managers.

     

    CNBC-TV18’s editorial team will go behind the numbers and aim to bring the definitive insights that help to make the best investing decisions. Join the team led by Udayan Mukherjee & Mitali Mukherjee as they discuss the annual number and how this may set the tone for the next move in the markets.

     

    The show kicks off with the Infosys earnings numbers on April 13, and will continue to track the market defining companies through the earnings season.

     

    CNBC-TV 18, an English business news channel, has been an integral part of the Indian economic story, spearheading and mirroring these enterprising times. The channel’s coverage extends from corporate news, financial markets coverage, expert perspective on investing and management to industry verticals and beyond.

     

    The Network18 Group is a media and entertainment company with interests in television, internet, filmed entertainment, e-commerce, magazines, mobile content and allied businesses.

     

  • Ramnath Goenka Awards presented, heated debate on journalists’ intellect ensues

    By Akash Raha

     

    The Ramnath Goenka Memorial Foundation hosted The Ramnath Goenka Excellence in Journalism Awards, one of the most prestigious awards that acknowledge excellence in all forms of journalism, print and broadcast, in all languages on January 16 in New Delhi.

     

    The awardees for the year 2012 are as follows.

     

     

    Like every year, the award ceremony was followed by a panel discussion. This year, the subject based on the Press Council of India chairman Justice Markandey Katju’s observation: “The majority of media people are of poor intellectual level.”

     

    Justice Markandey Katju was present during the award ceremony and the discussion that followed. There were several politicians, journalists and academicians present, amongst the audience and the panel, who spoke on the topic and ensured that the discussion and debate was at a fever pitch with their war of words.

     

    Speaking on the issue, panelist Mr Digvijay Singh of Congress party said that there are black sheep in all works of life and the same holds true for the media as well, but to generalize and say that all of them have low intellectual level would be wrong. However, fellow politician and panel member Mr Sharad Yadav of JDU said that times have changed and with that the standards of journalism have fallen too, illustrating his argument by pointing towards the TV channels, who “invest too much in irrelevant news”. He also pointed at the issue of paid news which has tarnished the image of journalists and media houses alike. He said that the proliferation of media has caused the standards of news to fall.

     

    Furthermore, he said: “the media industry has to be accountable… If the Prime Minister of India is accountable for his deeds, so shall be the media.”

     

    Some panel members also raised the question whether it was important for journalists to be intellectually strong. According to some, journalism is of two kinds, hard news and opinion – and in the former, one does not need intellect, only moral integrity. LK Advani, who was the part of the audience said: “I don’t think that journalism has failed the democracy. However, there have been a few shortcomings off late. Yet, I will not say that they have low intellectual levels.”

     

    Digvijay Singh stated that intellect is required in the whole profession of journalism, be it opinion or reporting. However, he added that with the kind of expansion media has seen lately, it is possible that the training of young and budding journalists remains incomplete. He also advocated for accountability and self regulation in media.

     

    Union HRD minister Kapil Sibal agreed with Sibal: “Putting out information as soon as possible has become the need of the hour for those in visual media. At such times, news which needs to be evaluated is often not evaluated and is broadcasted without any checks. It is not the fault of the journalist, but that of the medium itself.”

     

    Pratap Bhanu Mehta, an academician, and a member of the panel said that when a state dictates terms as to what is to be broadcasted or not, it creates insecurity. He made his point when he censured Katju’s stand on Dev Anand’s demise, when he said that the news should not have been on the front page of all newspapers.

     

    Senior journalist and columnist Tavleen Singh engaged in a war of words with Katju when she questioned the credentials of judiciary. Katju evaded the question by asking her to “please confine yourself to the topic at hand… there will be other days for discussion on the judiciary,” but she persisted with her attacks on Katju and his authoritarian comments on media. She went on to say that PCI has to be more active in the future to regulate media, as judiciary is too incompetent to do so.

     

    Senior journalist Nalini Singh thought it important that journalists and media houses, especially the visual media, should introspect as to what kind of news stories they are doing. She said that usually only 5-6 big stories are followed on and so many news stories are ignored every day. Udayan Mukherjee of CNBC agreed: “A lot of our media are not up to the mark… and I don’t feel resentful of the idea that there is something wrong with the media.”

     

    When Shekhar Gupta of The Indian Express group was asked how he feels about visual media and the pace at which news is disseminated today he said: “Everybody with a camera is not a journalist, he is only a transmitter of raw unchecked data.” Editorial intimidation is very important and one has to ensure that the news published is factual, in public interest and of public interest.”

     

    The panel discussion was brought to an end by Mr Katju where he congratulated all the awardees.