Network 18

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Network 18 FinCap is the holding company for several listed and unlisted media entities in India such as Television Eighteen India Ltd (TV18), Global Broadcast News (GBN), Web 18 and Studio 18 among others.

[edit] Network 18 Companies

TV18 is a listed company which runs business news channels CNBC-TV18 in English and CNBC Awaaz in Hindi and owns most of Web 18. In 2006 it acquired CRISIL Market Wire which was renamed Newswire 18.

Global Broadcast News (GBN) is a listed company which runs general news channels CNN-IBN in English and IBN-7 in Hindi. It owns a small stake in Web 18.

Web 18 is an unlisted umbrella company for all Network 18 web properties such as moneycontrol.com , ibnlive.com , cricketnext.com , commoditiescontrol.com , tech2.com , poweryourtrade.com , easymf.com and upcoming women's and automotive portals. The company also owns stakes in Jobstreet (India) and Yatra.com.

Studio 18 is a newly formed film production company.

HomeShop 18 is a soon to be launched home shopping television network.

[edit] Market Debut

Network 18 listed on the Bombay Stock Exchange and the National Stock Exchange on the 2nd of February 2007. Since the company was created as part of the re-structuring of TV18 to comply with foreign ownership laws for news channels in India, it did not have to list through a public issue. The stock touched a high of Rs. 394 on the BSE on its listing day. All existing non-promoter TV18 shareholders automatically get 12 shares of Network 18 for every 10 shares held.

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