NDTV to launch a news channel on Aug 21
Custom Image
Go Back
9 months ago 06:00:27am Television

NDTV to launch a news channel on Aug 21

New Delhi, August 19 2023, By IBW Team

NDTV to launch a news channel on Aug 21

Even as the Adani-owned NDTV got clearances from the government for four TV news channels, it announced that one of the channels would be launched next Monday.

Doing a markets report yesterday, Reliance-owned moneycontrol.com said that NDTV shares jumped four percent on August 18 after the news broadcaster received the Ministry of Information and Broadcasting approval to launch four regional channels.

Meanwhile, according to a filing with BSE (formerly Bombay Stock Exchange), NDTV on August 17 said, “In furtherance to our disclosure dated August 4, 2023, we wish to inform you that the Ministry of Information & Broadcasting vide letter dated August 17, 2023 has granted permission to the company to uplink and downlink four news and current affairs channels namely ‘NDTV Rajasthan’, ‘NDTV Madhya Pradesh / Chhattisgarh’, ‘NDTV Gujarati’ and ‘NDTV Marathi’.” 

The company further stated that it shall launch NDTV Madhya Pradesh/ Chhattisgarh on August 21, while the launch date for the other TV channels would be announced once finalized. 

A Reuters report in late July stated that the company posted a loss for the first quarter, as Indian broadcasters remain pressured by a weak advertising environment.

NDTV reported a consolidated net loss of Rs. 81.3 million ($991,568.62) for the quarter ended June 30, compared to a profit of Rs. 232.2 million a year ago, according to the Reuters report.

Revenue from operations plunged 35 percent to Rs. 699.9 million, while overall expenses fell 1.6 percent.

Media companies have been facing weak advertisement demand, as enterprises cut discretionary spending amid a high interest rate environment.

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Our Events

  • img
    SatCab Symposium

    SatCab symposium organized by Aavishkar Media Group is an annual event. It's a well-informed event where we have a panel discussion on the current affairs and future forecasting on our industry.

  • img
    Ratna Awards

    BCS Ratna Award organized by Aavishkar Media Group is an annual event. In this award function, a community of our industry is honored by receiving the award for the contribution of their work.

  • img
    Chetna Yatra

    Chetna Yatra organized by Aavishkar Media Group is an annual event. Held by Dr. AK Rastogi, Chairman of Aavishkar Media Group. Pilgrimage India in his car for connecting the people of our industry.

  • img
    Imaan India Sammaan

    Imaan India Samman is an event mobilized by Aavishkar Media Group, which was launched in 2012. Giving the award to the NGOs for giving their contribution to society.

Youtube Videos