Network 18

Network18 Media & Investments Limited
Type Public
Traded as BSE532798
NSENetwork18
Industry Media conglomerate
Founded 1993
Headquarters Delhi, Mumbai, Noida
Key people Raghav Bahl
(Chairman & MD)
Products Televisions, prints, internet, films, mobile computing, allied
Revenue $284 million (2010)
Employees Approx. 4700 (2010)
Divisions TV18 Broadcast Ltd.
Subsidiaries Viacom 18 (50%)
Sun 18
Website www.network18online.com

Network18 Media & Investments Limited (BSE532798, NSENetwork18) is an Indian media conglomerate with interests in television, print, internet, film, mobile content and allied businesses. Network 18 FinCap is the holding company for several media entities in India such as Television Eighteen India Ltd (TV18), IBN 18 Broadcast Ltd, Web 18, Studio 18,Shop 18,Infomedia 18 and Viacom 18. Raghav Bahl holds 51% shares of Network 18 Group. The group includes Network18, TV18, ibn18 and Infomedia18, all of which are listed in India on NSE & BSE.

Contents

History

The company was incorporated as a private limited company on 16 February 1996. In 2006, it was converted to a public limited company.The name of the company was changed from SGA Finance & Management Services Private Limited to Network 18 Fincap Private Limited with effect from April 12, 2006. Network 18 got listed on the Bombay Stock Exchange and the National Stock Exchange on 2 February 2007.The shares of the company of face value of Rs 5 each opened at Rs 312.10 at the NSE and at Rs 300 at the BSE. 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.[1]

Companies

List of companies

Network TV channels

Internet Offerings

Restructuring

The Network 18 Group announced a restructuring plan to create a simplified two listed entity structure for the group in July 2010.The restructuring became effective on June 10 2011 with the approval of the Delhi High Court and the group successfully completed the re-alignment of its business operation into 2 sections - Network 18 and TV18. While Network18 will take care of the digital and publishing side of the business, TV18 will look after the television assets of the group.[6]

See also

Notes and references

External links