Network 18

Senthil Chengalvarayan to lead Network18 integrated business newsroom

Senthil-ChengalvarayanNew Delhi, July 12 : Network18 Group Friday announced setting up of an integrated business newsroom comprising its leading broadcast and digital news outlets in the business media space under Senthil Chengalvarayan as editor-in-chief.

The group in a statement said CNBC-TV18, CNBC Awaaz, CNBC-TV18 Prime HD and Moneycontrol. com will now function as part of this larger editorial set-up.

Mukesh Ambani might pick up stake in Network 18

Mukesh Ambani might pick up stake in Network 18According to some reports, the Network18 Group led by Raghav Bahl is expected to announce a major deal as part of its efforts to reorganize its debts and fund a proposed merger with Hyderabad-based Eenadu TV.

Some believe that Mukesh Ambani, the head of one of India's biggest enterprises, is already in talks with the company to pick up a stake in the company. The shares of Network18 Group firms; the Network18 Media and Investments (NMIL) and TV18 Broadcast rose 17% each just before the company's board meetings today.

B Saikumar becomes new CEO of Network18 group

B Saikumar becomes new CEO of Network18 group Indian digital media house, the Network18 Media & Investments has announced that it has appointed B Saikumar as the new chief executive officer (CEO) of the conglomerate.

B Saikumar, who has been working as the COO of the Network18 Group, will also join the boards of Viacom18 and Homeshop18 and will report to Raghav Bahl, who I the founder of the Rs 2,500 crore media giant.

Network18 to sell the Indian Film Company to Roptonal

Network18 to sell the Indian Film Company to RoptonalNetwork18 Media & Investments announced today of its acceptance of an offer by a subsidiary of the company Viacom 18 Media Private Ltd., called Roptonal Limited in Cyprus. It will buy all the shareholding of London-listed The Indian Film Company (TIFC) for 115.56 pence.

The directors of Roptonal Limited proposed the order for the published share capital of TIFC, according to what the Network18 Media said to the Bombay Stock Exchange.

Sun Network Inks Strategic Alliance With Network 18

Sun Network Inks Strategic Alliance With Network 18Satellite channel majors Sun Network and Network 18 have mutually made entry into the distribution arena, floating two companies for the south and rest of the Indian market.

The new unit will be a truly pan-India distribution company, which eyes to turn one of the leading players in the Rs 16,000 crore distribution space by 2012.

According to the deal, the two newly floated distribution firms will distribute around 33 channels across all platforms in India-cable, direct to home (DTH), Internet Protocol Television (IPTV) and Headend in the Sky (HITS).

Sun Network tying knot with Network18

Kalanithi MaranSun Network owned and managed by Kalanithi Maran and the charting news network Network18 Group today tied a strategic knot to form a partnership to encompass a pan-India division group, Sun18.

According to the Sun Network Chairman and Managing Director Kalanithi Maran Sun18 is a very vital proposal for them in the dissemination dais venture and is being crafted with the aim of improved influencing power with their very thriving television brands across the nation.




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