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Network18 Media & Investments (Network18), the holding company of the TV18 group, is one of the country`s leading full–play media conglomerates with interests in television, internet, print, film entertainment, mobile content and allied businesses. Formerly nown as Network 18 Fincap,the company is engaged in investments and media business.The company was incorporated as a private limited company on February 16, 1996 and was converted into a public limited company on October 20, 2006. It got its present name with effect from December 1, 2007.
Network18 operates in a joint venture with Viacom, called Viacom18 which houses the MTV, VH1 and Nickelodeon channels in India and through a business transfer agreement manages Studio18, the group`s filmed entertainment operation including the recently launched Colors, a Hindi general entertainment channel.
Through its holding in Television Eighteen India (TV18), the company operates India`s leading business news television channels, CNBC–TV18 and CNBC Awaaz. It runs Web18, one of the leading internet players, and Newswire, one of India`s leading real time financial information and news terminals.
The acquisition of Infomedia, a leading player in the special interest publishing and printing operations space, marked its entry into the print media, which was followed by collaborating with Forbes media for the launch of a business magazine in India.
The company operates in the general news and entertainment space through its holding in IBN 18 Broadcast with leading general news channels CNN–IBN and IBN7 and has launched IBN Lokmat, a Marathi news channel in partnership with the Lokmat group.
Additionally, Network18 holds the group`s online and on–air home shopping venture, Homeshop18 and its full spectrum events management venture, E18.
Other network channels of the company include moneycontrol.com, IBNlive.com, PowerYourTrade, CommoditiesControl, JobStreet India, Yatra, CricketNext, CompareIndia, Tech2Com, Studio18, NewsWire18, Capital18, Idniwo, BookMyShow, Buzz18, Josh18, Biztech2, 52622 Mobile Service, IBN Lokmat, and StoreGuru.CNBC–TV18 and CNBC Awaaz are the Subsidiaries of the company in partnership with CNBC, an undisputed world leader in business news and information, providing viewers worldwide with insights, analysis and real–time access to market data and indispensable business information.
In 2009 the company acquired the Investment Advisory Business of M/s Capital18 Media Advisors Pvt Ltd.
Awards and Achievements
- In 2002 –Business Show of The Year –– India Business Hour –– Television Eighteen CNBC India
- In 2003 –The Business Programme of the Year –– StoryBoard –– CNBC–TV18
- In 2004 Best Entertainment News Show –– Trendmill –– Production house: CNBC–TV18 Channel: CNBC
- The Game show of the year –– Trial By Fire –– Production house: CNBC – TV18 Channel: CNBC
- In 2005– 2005 Best Business Programme –– Sauda Aapka –– SGA News Awaaz
- Best Talk Show On News & Current Affairs –– What's Hot –– Television Eighteen India CNBC TV 18Best Business News Channel CNBC TV18
Network 18 Media & Investments Allotment Committee has approved the allotment of 18,181,818 Secured Optional Fully Convertible Debentures (SOFCD) at a price of Rs 110 per SOFCD on preferential basis, to RB Holdings Pvt. Ltd, a company owned 100% by Raghav Bahl and other promoters. Once RB Holding Pvt. Ltd converts the current issue of SOFCD, its holding in Network18 will be 18,181,818 shares i.e. 20.13% on a fully diluted basis.