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DNPA Conclave and Awards 2024 Jury Meet: Recognising digital excellence in India

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Summary

The DNPA Conclave and Awards 2024 Grand Jury was chaired by former Union Minister and senior Parliamentarian of India, Suresh Prabhu.

In a gathering that brought together distinguished personalities from spheres of technology, policy, law, arts, advocacy and India Inc, the grand jury of the Digital News Publishers Association (DNPA) Awards 2024 convened to deliberate and decide the winners for the year. The awards aim to acknowledge cutting-edge digital initiatives that have significantly contributed to India’s progress, propelling its digital success story. Storyboard18 is the Knowledge Partner for the DNPA Conclave & Awards 2024.

Chaired by former Union Minister and senior Parliamentarian of India, Suresh Prabhu, the Grand Jury comprised notable figures: Sanjeev Bikhchandani, Founder and Executive Vice Chairman, Info Edge; Ajay Prakash Sawhney, former Secretary, MEITY, Government of India, Shashi Sekhar Vempati, Former CEO of Prasar Bharati; Dr. Aruna Sharma, Former Secretary, MEITY, Government of India and Practitioner Development Economist, Arvind Gupta, Co-Founder, Digital India Foundation; Robert Ravi, Chief Technology Officer, Government of Tamil Nadu; Prasoon Joshi, chairman, McCann Worldgroup Asia Pacific and CEO & CCO at McCann Worldgroup India; N.S. Nappinai, Supreme Court Advocate and founder, Cyber Saathi Foundation; Vinit Goenka, Author and Former BJP Spokesperson; and Vivan Sharan, Founder and Partner, Koan Advisory Group.

The jury had the challenging task of selecting winners from eight categories, including education, health, financial reforms, women and child welfare reforms, sustainability and environment protection, governance and administrative reforms, ease of doing business, and ease of Living. With a total of 32 nominees, the competition was intense.

The proceedings commenced with Delshad Irani, Editor of Storyboard18, and Tanmay Maheshwari, managing director of Amar Ujala Ltd and Chairman DNPA, welcoming and addressing the jury.

“We firmly believe in the digital inclusion for all in the Indian subcontinent. Our annual conclave where these awards are given is a confluence of distinguished Indian policymakers, global experts, and influential leaders from our digital news ecosystem. The whole idea of having all of us together under one roof is to promote verified news in this nation,” Maheshwari said.

Suresh Prabhu appreciated the meticulous selection process and methodology, congratulating those shortlisted for their commendable work.

“I am honoured to be chairing the jury meeting and also very happy to meet so many of my friends who are part of the jury,” Prabhu said.

During the decision-making process, the jury focused on parameters such as relevance, coherence, effectiveness, efficiency, impact, and sustainability. While some categories prompted unanimous decisions, others required extensive discussions. The education category took the maximum time, highlighting the depth of competition and quality of initiatives. In contrast, health saw swift decision-making, as a common favourite emerged quickly.

Not all nominees emerged as winners, but the Grand Jury expressed a desire to give special mentions to those who stood out. These special mentions of a few initiatives were for the potential of making significant impact with their outcomes in the future.

Beyond the serious business of deciding the winners for the DNPA Awards 2024, the jury didn’t shy away from some light-hearted banter. Discussions didn’t just revolve around the impressive digital initiatives but also meandered into more everyday topics, like the weather as jury members playfully complained about shivering in the cold Delhi weather.

With jurors joining in from different corners of India and even abroad, including chilly Chicago, the virtual meet became a blend of serious deliberations and friendly exchanges. Members laughed and quipped about “right”, “left” and “centre” when Storyboard18’s unsuspecting producers asked jury members to adjust their frames, requesting a slight shift to the right. As they shared a few light-hearted minutes, the jury also took a moment to recognize how fitting it was to conduct a seamless virtual jury meet for a new digital age and for awards that celebrate empowering digital initiatives.

The winners will be announced soon.

The 2024 edition of the prestigious DNPA Conclave and Awards will take place on February 6, in New Delhi. Under the theme ‘Navigating Digital Transformation in the Media Industry’, Digital News Publishers Association (DNPA), the apex body representing the digital wings of India’s leading print and broadcasting news publishers, will hold the conclave and awards ceremony to decode and celebrate digital innovation and excellence.

The Network18 Group’s Storyboard18 is the Knowledge Partner for the DNPA Conclave & Awards 2024.

Through meaningful and deep discussions, the conclave aims to spotlight critical issues and surface future-facing strategies and models that power an equitable, inclusive, and sustainable digital media ecosystem, which is foundational to the progress of the nation.

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index Price Change
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sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
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DNPA Awards 2024: Meet the high-powered Grand Jury

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

 Listen to the Article (6 Minutes)

Summary

The Grand Jury will deliberate and decide the winners of the 2024 DNPA Awards, recognising cutting-edge digital initiatives that have had a profound contribution in India’s progress.

The stage is set for the 2024 edition of the prestigious DNPA Conclave and Awards. Under the theme ‘Navigating Digital Transformation in the Media Industry’, Digital News Publishers Association (DNPA), the apex body representing the digital wings of India’s leading print and broadcasting news publishers, will hold the conclave and awards ceremony to decode and celebrate digital innovation and excellence.

The Network18 Group’s Storyboard18 is the Knowledge Partner for the DNPA Conclave & Awards 2024.

Through meaningful and deep discussions, the conclave aims to spotlight critical issues and surface future-facing strategies and models that power an equitable, inclusive, and sustainable digital media ecosystem, which is foundational to the progress of the nation.

The DNPA Awards serve as a platform to honour cutting-edge digital initiatives that have had a profound contribution in India’s and its peoples’ progress. The awards recognize the extraordinary innovations made in various sectors including health, education, finance, and media, alongside pivotal areas like women empowerment, environmental protection, governance, and administrative reforms, acknowledging those who have been instrumental in India’s digital journey and inspiring continued innovation and excellence, while setting global standards.

The Grand Jury will be chaired by former Union Minister and senior Parliamentarian of India, Suresh Prabhu.

THE GRAND JURY: Learn more about the esteemed jury members

Suresh Prabhu

Jury chair Suresh Prabhakar Prabhu is a chartered accountant, banker, policymaker, strategist, change leader, senior politician, and former senior parliamentarian. Over the course of 30 years, Prabhu has held 10 important cabinet portfolios at the federal and central levels, including industry, power, environment and forests, railways, civil aviation, commerce and industry, and fertilizers and chemicals. Additionally, he has served as the Prime Minister’s Sherpa to the G7 and G20, playing a crucial role in shaping the government’s official agenda on critical issues for the ensuing summits.

Sanjeev Bikhchandani

A true visionary of India’s startup ecosystem, Sanjeev Bikhchandani is the founder and executive vice chairman of Info Edge, the parent company of, among a whole host of others, the prominent jobs portal Naukri. He is also a co-founder of Ashoka University, a leading private institution of higher learning. In recognition of his contributions, he was conferred the Padma Shri, the country’s fourth highest civilian award, in January 2020. Bikhchandani completed his schooling at St Columba’s School, Delhi, in 1981, earned a Bachelor of Arts degree in economics from St Stephen’s College, Delhi, in 1984, and added an MBA from the Indian Institute of Management, Ahmedabad, in 1989.

Ajay Sawhney

Ajay Prakash Sawhney is a distinguished member of the Indian Administrative Service. In his tenure with the Indian government, he served as the president and CEO of the National e-Governance Division, playing a pivotal role in facilitating the implementation of the national e-governance plan for MeitY. Prior to this, he held the position of additional secretary in the ministry of petroleum and natural gas. Notably, he later assumed the role of secretary of the ministry of electronics and information technology (MeitY) of the Government of India.

Aruna Sharma

A seasoned development economist, Aruna Sharma has served as secretary at the ministries of electronics and information technology (MeitY), and steel. She was also a member of the Reserve Bank of India’s high-level committee on deepening digital payments in India. Her work spans diverse domains, including digital transformation, e-governance, fintech apart from core sectors such as steel and mining. Renowned for her leadership in developing and implementing panchayat-level governance models, she presently sits on the board of directors for various companies. She is also an accomplished author, with five bestselling books to her credit, including her latest work, Dancing Towards A $5 Trillion Economy on a Holistic Beat.

Shashi Shekhar Vempati

Shashi Shekhar Vempati, a distinguished technocrat, columnist, policy thinker, and now an author, has played pivotal roles in Indian technology, media and public policy. Presently, he chairs the advisory committee overseeing science and technology communication for the government. His leadership roles include CEO of Prasar Bharati (2017-2022), CEO of Rajya Sabha TV (2017-2019), and CEO of Niti Digital (2014-2016), among others. Vempati has contributed significantly to technology and public policy, particularly in broadcasting and media reforms. Notably, as the chairperson of the committee to review television ratings guidelines, he played a key role in reforms in TV audience measurement. As a co-founder of the ‘AI for India’ forum, Vempati is actively involved in fostering the development of the artificial intelligence ecosystem in India.

Arvind Gupta

With over 30 years of diverse experience in leadership, policy and entrepreneurship, Arvind Gupta has made significant contributions in both Silicon Valley and India. He is the co-founder of Digital India Foundation (DIF), a not-for-profit think-tank aiming to foster digital inclusion and adoption, and the use of the Internet and related technologies for the developmental process. Recognised as an Eisenhower fellow for innovation, Gupta actively engages with industry forums like NASSCOM and TiE, and is a founding member of ISPiRT, the software products industry think tank. Gupta serves on the World Economic Forum (WEF) Digital Futures Council and contributes to the OECD Initiative on Global Value Chains. He holds positions on the boards of the IIT-BHU Alumni Association and PAN-IIT Alumni Association. Gupta is also a mentor for numerous startups.

Prasoon Joshi

A man who wears many hats, Prasoon Joshi is currently the chairman, McCann Worldgroup Asia Pacific and CEO & CCO at McCann Worldgroup India, a global marketing firm. That is, of course, apart from his role as poet, writer, lyricist and screenwriter. He has also been serving as chairperson of the Central Board of Film Certification since August 11, 2017. Joshi has earned many accolades for his work in cinema including the Hindi movie ‘Bhaag Milkha Bhaag’. He has also been honoured with the National Film Award for Best Lyrics twice, for contributions to Taare Zameen Par (2007) and Chittagong (2013). He was awarded the Padma Shri in 2015 for his “remarkable contributions to Arts, Literature, and Advertising”. Joshi is also one of the most recognized and influential people in the global advertising industry.

Nappinai NS

Supreme Court and Bombay High Court advocate Nappinai NS has nearly 30 years’ experience and is a trailblazer in developing cyber laws in India. With a diverse legal background including constitutional, criminal, cybercrime, intellectual property, corporate and commercial law, she is a litigator and seasoned expert. Nappinai is an honorary advisor to the Tamil Nadu e-Governance Agency (TNeGA), advisor to the Maharashtra Cyber Police, and serves as a senior panel advocate for Central and Western Railways. Nappinai also founded Cyber Saathi, an initiative to empower through knowledge, which kicked off with a programme on online safety measures for children. She is a prolific writer, with articles carried by leading national and international publications. She also authored a seminal book on cyber laws, Technology Laws Decoded, in 2017.

Vinit Goenka

Vinit Goenka is a politician associated with the Bharatiya Janata Party (BJP) for the past 25 years. He was a former spokesperson for BJP Delhi Pradesh. Before joining the BJP, he was actively engaged with the party’s youth wing, the Akhil Bharatiya Vidyarthi Parishad. He worked in the corporate sector for 12 years before plunging into active politics. Goenka has proven expertise in data sovereignty, information technology, transportation and infrastructure, and agriculture. He is a nominated member of the programme committee at Gandhi Smriti and Darshan Samiti (GSDS), under the Ministry of Culture.

Robert Ravi

A. Robert Jerard Ravi is theChief Technology Officer of the Government of Tamil Nadu. He currently serves as an Indian Telecom Service officer with significant contributions, including developing the Indian AI stack and creating essential portals for the Department of Telecommunications (DoT). He has played key roles in projects ranging from FTTH broadband systems to e-governance initiatives in Kuwait and other parts of the Middle East, showcasing his expertise in telecommunications. Additionally, he has lectured and published papers on diverse topics such as broadband deployment and AI for fraud detection techniques. Notably, he installed and commissioned the first OCB/AXE/EWSD systems in the Tamil Nadu circle for DoT. He holds a degree in electronics engineering and an MBA in international business from Pondicherry University.

Vivan Sharan

Vivan Sharan is the founder and partner at Koan Advisory Group. His previous roles include serving as the CEO of the Global Governance Program at the Observer Research Foundation and as the business head of a sustainability company. He currently is a member of the National Committee on Media and Entertainment, constituted by the Confederation of Indian Industry. As a seasoned public policy professional, he specializes in innovation, technology, global governance, climate and finance. Additionally, the economist is the author of Wonked!: India in Search of an Economic Ideology, published by Bloomsbury in 2019. Outside his professional pursuits, he actively invests in science and agriculture, contributing to the development of rural infrastructure.

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nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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Digital News Publishers Association Conclave and Awards 2024 scheduled for Feb 6

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Summary

The Grand Jury for the Digital News Publishers Association (DNPA) Conclave & Awards 2024 headed by senior politician, and former senior member of Parliament, Suresh Prabhu is slated to meet on January 15, 2024.

In the ever-evolving landscape of the media industry, the Digital News Publishers Association (DNPA) is set to host DNPA Conclave & Awards 2024, exploring the profound impacts of digital transformation. The conclave, scheduled for February 6, 2024 at Shangri-La, New Delhi, promises to be a ground-breaking event, with a Grand Jury meeting on January 15, 2024, laying the foundation for an insightful and impactful gathering.

Storyboard18 is the Knowledge Partner for the DNPA Conclave & Awards 2024.

Jury Powerhouses: Steering the Course of Digital Transformation

Distinguished leaders from across industries will be a part of the jury meet.

The jury will be chaired by senior politician, and former Senior Parliamentarian of India, Suresh Prabhu.

The Grand Jury includes Sanjeev Bikhchandani, Founder and Executive Vice Chairman, Info Edge; Ajay Prakash Sawhney, former Secretary, Ministry of Electronics and Information Technology (MEITY), Government of India, Shashi Sekhar Vempati, former CEO of Prasar Bharati; Dr. Aruna Sharma, former Secretary, MEITY, Government of India and Practitioner Development Economist, Arvind Gupta, Co-Founder, Digital India Foundation; Robert Ravi, Chief Technology Officer, Government of Tamil Nadu; Prasoon Joshi, chairman, McCann Worldgroup Asia Pacific and CEO & CCO at McCann Worldgroup India; N.S. Nappinai, Supreme Court Advocate and founder, Cyber Saathi Foundation; Vinit Goenka, author and former BJP Spokesperson; and Vivan Sharan, Founder and Partner, Koan Advisory Group.

Their collective expertise will significantly enrich the deliberations of the DNPA Conclave & Awards 2024.

The Grand Jury will focus on outstanding contributions in navigating India’s digital transformation and fostering innovation. The DNPA Awards serve as a platform to honour cutting-edge digital initiatives that have had a profound contribution in the nation’s progress. The awards recognize the extraordinary innovations made in various sectors including health, education, finance, and media, alongside pivotal areas like women empowerment, environmental protection, governance, and administrative reforms, acknowledging those who have been instrumental in India’s digital journey and inspiring continued innovation and excellence, while setting global standards.

As the custodians of credibility, transparency, and excellence, DNPA is committed to ensuring that the awards bestowed reflect a thorough and meticulous selection process.

“DNPA Conclave and Awards bring together the best minds in India to select the country’s cutting edge digital initiatives that are transforming lives of millions of people and taking India to greater heights. It gives me immense pride to share that some of India’s most credible names are part of this year’s grand jury. I am certain that DNPA Conclave and Awards 2024 Jury Meet will be a great success” commented Tanmay Maheshwari, Chairman, DNPA

“As we gear up for the DNPA Conclave & Awards 2024 Grand Jury meet, there’s a buzz of anticipation in the air. It’s not just a meeting; it’s a deep dive into the realm of digital impact. With industry leaders coming together, these awards are all about celebrating excellence and fostering innovation as we navigate a brave new world driven by human intelligence and technology,” commented Sujata Gupta, Secretary General, DNPA, emphasizing on the importance of the Grand Jury meeting and awards.

The DNPA Conclave Agenda: Navigating Digital Transformation in the Media Industry

The conclave scheduled in February, will delve into critical facets of the ongoing revolution in media. Dialogues and discussions will dissect the role of online intermediaries in shaping public trust, the impact of misinformation on a diverse society like India, and the readiness of the Indian media industry to embrace technological disruptions. Equitable monetisation models, advancements in generative AI, and the future of job prospects in the media and entertainment sector will be central to the discussions.

The conclave and awards ceremony will take place on February 6 at Shangri-La, New Delhi. It promises to be a day of engaging discussions and insightful keynotes by the most notable leaders from corporate and media spheres, and policymakers, culminating in the DNPA Digital Impact Awards (DDIA) ceremony. Tanmay Maheshwari, Chairman of DNPA and Managing Director of Amar Ujala, will set the stage for the awards’ proceedings, where the winners will be honoured, signifying their endorsement of outstanding contributions.

The DNPA Conclave & Awards 2024 promises to be a landmark event, bringing together the brightest minds and visionaries to navigate the digital transformation of the media industry which is foundational to India’s progress, and set the tone for a dynamic and innovative future.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

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Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

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index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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SRK, Mani Ratnam among prominent names to be at ‘CNN-News18 Indian of the Year’ awards

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Summary

Many other celebrated personalities to join Indian News TV’s biggest award ceremony on 10 January.

CNN-News18, India’s number one English news channel unveils the highly anticipated ‘CNN-News18 Indian of the Year’ awards, an upcoming spectacle, on 10th January. Recognised as India’s premier television award, now in its 13th edition, the ceremony vows to honour excellence, spotlighting Indians who have conquered the world across various domains. This year, the awards evening will witness the presence of the ‘King of Bollywood’, actor Shah Rukh Khan, renowned filmmaker Mani Ratman, among others.

Set to honour luminaries in the categories of Business, Sports, Entertainment, Youth Icon, Rising Sports Star, Social Change, and Climate Warrior, the ‘Indian of the Year’ awards stand as a beacon of recognition for those shaping India’s narrative. A ground-breaking feature of this year’s event is the distinctive blend of expert judgment and public voting, where 50% of the decision-making power lies with the discerning audience, and the remaining 50% is entrusted to a distinguished panel of judges.

The esteemed panel of jurors comprises iconic figures, including Former Solicitor General of India Harish Salve, Screenwriter and Lyricist Javed Akhtar, Retd Supreme Court Juge Indu Malhotra, Former Indian Athlete and Vice-President of Athletics Federation of India Anju Bobby George, Chairperson of RP-Sanjiv Goenka Group, Sanjiv Goenka, and Environmental Activist and Lawyer, Afroz Shah. Their collective wisdom ensures a judicious selection of the most deserving awardees.

The event’s significance is magnified by the calibre of nominees for ‘Indian of the Year 2023.’ sports stars such as Neeraj Chopra, Shubman Gill; rising sports stars such as R Praggnanandhaa, Shafali Verma; business tycoons such as Dinesh Kumar Khara, Entertainment stars such as Deepika Padukone, Mani Ratnam; environmental champions like Arun Krishnamurthy, and social change catalysts such as Dr R Ravi Kannan, Menaka Guruswamy & Arundhati Katju, reflect the diverse tapestry of India’s excellence.

With a legacy that includes past winners such as Narendra Modi, Neeraj Chopra, and Virat Kohli, the ‘CNN-News18 Indian of the Year’ awards have solidified their standing as the epitome of distinction in news television. The 13th edition promises to be a witness to the grandeur and credibility that the event has acquired over the years.

Zakka Jacob, Managing Editor, CNN-News18, said, “CNN-News18 Indian of the Year Award 2023 is a momentous occasion to celebrate the legacy we have built over the years. This prestigious event, with its rich history, has consistently paid homage to exceptional individuals whose contributions have not only shaped the nation but have also resonated on the global stage. The distinguished personalities who participate in this celebration of merit have, year after year, elevated the standards of this platform, cementing its status as one of the most esteemed awards in the industry.”

Smriti Mehra, CEO – English and Business News Cluster, Network18, said, “As we mark the journey from its inception to the 13th edition, CNN-News18 Indian of the Year awards stand tall as the epitome of excellence in the field of News television. We extend our heartfelt best wishes to the esteemed nominees, who, through their remarkable global contributions, have become the driving force behind the nation’s narrative. It’s a flagship celebration that not only enhances the prestige of our news channel but also creates unparalleled value for the brands that choose to partner with us.”

CNN-News18 Indian of the Year has RPSG Group as the Presenting Partner, Chola MS Insurance and Reliance as the Associate Sponsors, and Amrita University as the Education Partner.

Tune in to CNN-News18 Indian of the Year 2023 LIVE on 10th Jan 2024, 6 pm onwards, only on CNN-News18

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

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KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

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index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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Storyboard18 | Tata Power accelerates transition to clean energy with bold initiatives

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

 Listen to the Article (6 Minutes)

Summary

Praveer Sinha revealed that in 2020, Tata Power took a bold stand not to add any new coal capacity. Instead, the focus has been solely on expanding renewable energy capacity. “We will bite the bullet and take it forward,” he asserted, acknowledging the company’s proactive role in combating climate change.

In a recent interview with CNBC-TV18’s special show, Storyboard18, Dr. Praveer Sinha, CEO and Managing Director of Tata Power, emphasised the crucial need for a swift transition towards clean energy. Sinha declared, “It is very important that we transition and we transition much faster. As corporations, as people in the power sector, it is very important and incumbent on us that we drive the change and the transition that is happening.”

Highlighting the company’s commitment to sustainability, Sinha revealed that in 2020, Tata Power took a bold stand not to add any new coal capacity. Instead, the focus has been solely on expanding renewable energy capacity. “We will bite the bullet and take it forward,” he asserted, acknowledging the company’s proactive role in combating climate change.

Tata Power recently unveiled a powerful film advocating for clean energy as part of their “Sustainable is Attainable” campaign. The film, conceptualised by Rediffusion Brand Solutions, urges individuals and corporates alike to adopt a responsible and sustainable lifestyle for a cleaner, greener future. Pramod Sharma, National Creative Director at Rediffusion Brand Solutions, shared insights into the film’s creation, emphasising the importance of making sustainability a personal responsibility.

Also Read | Tata Power, riding on big clean energy plan, aims to double numbers in 3-4 years

“When we started thinking about this, we said it cannot be a one-sided thing. We wanted to get emotion into it and make people feel responsible for the environment,” Sharma explained. The film’s call to action is simple yet impactful — “embrace, love, switch.” Sharma emphasised the need for a mindset switch towards sustainability for tangible change.

Tata Power’s commitment to sustainability aligns with global efforts to address climate change and promote cleaner energy sources. The company’s proactive stance serves as a beacon for other corporations to take bold steps in mitigating environmental impact.

Also Read | Power sector in 2023: Navigating demand spike and the rise of renewables

In other news, Storyboard18 also had an insightful conversation with Kartik Mohindra, Chief Marketing Officer (CEO) of Pernod Ricard India. The French spirits manufacturer, known for iconic brands like Chivas Regal, Jameson, Absolut, and Blenders Pride, recently ventured into the premium Indian Single Malt category with the launch of Longitude77.

Pernod Ricard is gearing up to take its new Indian Single Malt brand to global markets, marking a strategic move to expand its portfolio and cater to the evolving preferences of consumers worldwide. Mohindra discussed the brand’s India-focused approach, premiumisation strategy, and outlined their vision for the year ahead. Pernod Ricard’s foray into the Indian Single Malt segment reflects the company’s agility in adapting to market trends and exploring new avenues for growth.

For more, watch the accompanying video.

 

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

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Oil Fluctuates as Traders Assess China’s Vow, Unrest in Libya

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index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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Leo Burnett aims to use AI to impact a billion people positively, says Chairman

In 2023, Leo Burnett has experienced a remarkable journey marked by substantial growth, garnering numerous international accolades, and reclaiming its position as India’s premier agency at the Cannes Lion International Festival of Creativity.

Leading the creative charge at the agency is Rajdeepak Das, recently appointed as Chairman of Leo Burnett South Asia and Chief Creative Officer of Publicis Groupe South Asia.

As we approach the conclusion of 2023, Storyboard18 engages in a conversation with Rajdeepak Das about his new role, the evolving advertising landscape, and the aspects of creative leadership that excite him.

For the complete discussion, please watch the accompanying video.

 5 Minutes Read

Skincare is not just about looking good, it’s about feeling confident in one’s own skin: VLCC’s Puneet Gulati

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

 Listen to the Article (6 Minutes)

Summary

The burgeoning middle class, driven by rising disposable incomes, urbanisation, and the pursuit of a better lifestyle, is exhibiting a noteworthy demand for beauty and wellness products and services, says Puneet Gulati, chief marketing officer, VLCC.

VLCC has been betting big on growing our assisted channel (where beauty advisers offer consultation to consumers) across general trade and modern trade stores for our products. As a brand, VLCC has been under-indexed on the e-commerce channel and its strategy to gain its fair share includes acquisitions.

Also, the discretionary spends at the premium end have been rising despite the macro-economic challenges.

Storyboard18 caught up with Puneet Gulati, chief marketing officer, VLCC, to understand the trends in the skincare, beauty and wellness industry and how VLCC is capitalising on them.

Edited excerpts:

What has VLCC been up to in 2023?

Year 2023 has been an exhilarating one for us, and the excitement continues to unfold. We launched a plethora of products tailored to diverse consumer needs. We introduced the Bridal Facial Kit, Gold Sensitive Facial Kit, and expanded our offerings with new products in the body lotion and face cream range.

One highlight of the year was onboarding Tamannaah Bhatia as the brand ambassador for our facial kits. We revamped the packaging, featuring her face on the iconic range.

Not only did we launch many beauty services, but we are also reinventing the beauty treatment experience. Additionally, we have strengthened our retail presence, with more than 10 new clinics across the country, and by introducing the latest advancements in beauty science at our clinics.

We are committed to providing science-backed solutions. Our goal is to empower consumers to transform into their most beautiful selves through innovative and efficacious products and services. To cap off the year, we are set to introduce 12 product SKUs in the personal care range, each standing apart from the existing ones.

What went behind the making of the campaign with Tamannnaah Bhatia?

We onboarded her as the face of our iconic facial kit range. It was a strategic decision rooted in the alignment of her brand values with ours, emphasising empathy and authenticity.

As part of our campaign, she advocates comprehensive skincare through facial kits. This initiative was inspired by the collective feedback from consumers, highlighting the desire for an additional layer of facial care at the end of the week.

Despite the regular use of everyday skincare products like face wash and moisturisers, consumers expressed a need for deeper cleansing, hydration, and nourishment for their faces. This is where facial kits step in, serving as the essential component to complete their skincare regimen.

The campaign reached more than 60 percent of our target audience and increased the traffic to our commerce site by 2X. It has proven to be successful, with an overwhelmingly positive response from our consumers. By resonating with their skincare needs and addressing the desire for a comprehensive solution, we’ve not only met their expectations but also strengthened the bond between our brand and our consumers.

What are some interesting consumer trends that VLCC has noticed in the skincare, beauty and wellness industry? How is VLCC leveraging them?

Technology is revolutionising the beauty industry. Our commitment to enhancing consumer experience is exemplified by our strategic use of technology across touch points to enable a seamless and delightful experience across our products and services. We’re getting closer to our consumers on the journey, ensuring convenience and ease at every step.

In response to the growing demand for transformational experiences, we understand that consumers seek more than just beauty services; they desire a journey that truly transforms their vision of themselves.

Leveraging the best of beauty science, we are at the forefront of delivering such experiences. The incorporation of cutting-edge beauty tech and industry leading experts allows our consumers to access the latest advancements in beauty science easily, empowering them to realise their own vision.

Consumers now recognise the paramount importance of science, when it comes to skincare. In response to this demand, we have aligned our innovations with high science. In a world where consumers seek products that are high on efficacy and design, we are ensuring that our offerings are grounded in rigorous scientific research. We believe that skincare is not just about looking good, it’s about feeling confident in one’s own skin. Our scientifically backed innovations make this aspiration a tangible reality for our consumers.

How important are the Tier 2 markets for you and how are you targeting those consumers?

With the ongoing digital revolution and increased disposable incomes, the Tier I and Tier 2 markets are contributing to the country’s economic growth and transformation.

The burgeoning middle class, driven by rising disposable incomes, urbanisation, and the pursuit of a better lifestyle, is exhibiting a noteworthy demand for beauty and wellness products and services. Consumers in this segment are not only curious but also eager to explore the latest offerings. They are consistently seeking premium, science-backed products at affordable prices.

We have a network of over 100 beauty clinics and more than half of them are in non-metros. At VLCC, we’ve established an extensive network of more than 1,000 beauty advisors across retail stores. They engage with consumers on a personal level, guiding them through the range of VLCC offerings to help them find the perfect fit. This, along with our D2C brand strategy, strikes the perfect balance, catering to all geographies. We aim at fostering a personalised and engaging shopping experience by leveraging social media, influencers, and user-generated content, and continue to grow our consumer base.

What’s the VLCC strategy to enhance consumer experiences and how will it align with the brand’s growth objectives?

Our strategy revolves around aligning with our target consumer’s needs, becoming an integral part of their journey across various touch points, and harnessing technology to provide the best consumer experience. We not only bring the latest advancements in beauty science but also bring the best in the country to deliver top-notch products and services to our consumers.

At the core of our mission is consumer delight, and we consistently leverage science and technology to elevate consumer experiences. Our emphasis is on incorporating the technology and innovation of beauty science into our products and services, whether it’s infusing the science of serums into our facial kits or introducing the latest in cryolipolysis for consumer’s beauty needs. To complement these innovations, we have assembled a team of the finest dermatologists and physiotherapists at our clinics.

This synergy ensures that we not only meet consumers’ needs but also provide an unparalleled experience. Our commitment is not just about delivering beauty, it’s about crafting an experience that resonates with consumers at every level.

Can you share some details about VLCC’s focus on a large network of retail clinics?

The VLCC Group’s operations currently span 310 locations in 139 cities and 11 countries, including India. Sri Lanka, Bangladesh, Nepal, Singapore, Thailand, the UAE, Oman, Bahrain, Qatar, Kuwait, and Kenya are the other 10. We have a staff strength of over 3,000 skilled professionals, including medical doctors, nutritionists, physiotherapists, cosmetologists and wellness counsellors.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Previous Article

Oil Fluctuates as Traders Assess China’s Vow, Unrest in Libya

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Shanghai residents turn to NFTs to record COVID lockdown, combat censorship

LIVE TV

today's market

index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
Quiz
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Self-regulation for safe and accountable online gaming industry

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

 Listen to the Article (6 Minutes)

Summary

The need for gaming regulation in India arises from the rapid growth and increasing popularity of the online gaming in India, driven with global trends, smartphone penetration, a burgeoning youth population, and gaming genres in tune with local factors.

In India’s thriving digital economy which is poised to attain a one trillion-dollar status in this decade, online gaming segment has emerged as one of its major building block. While India is world’s largest populated nation with a young median age, the popularity of this sector has been propelled by widespread smartphone penetration now reaching a billion, countrywide digital public infrastructure (India stack), low rates of data and effective payment gateways.

The online gaming sector in India has attracted substantial global investor interest, with investments worth 22,931 crore pouring in between FY20 and FY24 from both domestic and global sources. However, the recent introduction of new regulations has brought about some challenges and uncertainties. This calls for the need for self-regulation and to learn from best global experiences.

The need for gaming regulation in India arises from the rapid growth and increasing popularity of the online gaming in India, driven with global trends, smartphone penetration, a burgeoning youth population, and gaming genres in tune with local factors. The online gaming segment has witnessed significant growth, reaching 16,428 crore in FY23, and is expected to contribute to large FDI inflows, exports employment and revenue. Additionally, the segment aligns with key government initiatives such as Digital India, Start-up India, and Atmanirbhar Bharat, highlighting its role in national development.

Code of Ethics and India Gaming Convention

In the recently concluded India Gaming Convention organized by Internet and Mobile Association of India (IAMAI), the gaming federations signed a voluntary Code of Ethics for self-regulation. The signatories included IAMAI, E-Gaming Federation and All India Gaming Federation. The Code mandates online gaming companies to do KYC of users; suggests to specify manner of determination of winners; suggests to display platform fee charges on their website; and ensures that deposits for online gaming services are utilised only for playing games.

Union IT MoS Rajeev Chandrasekhar in his message for the Convention mentioned that Government of India considers online gaming as an important part of our $1 Trillion Digital Economy Goal.

International Perspective

Since the process of online gaming regulation is underway, it is important to look at regulatory aspects of online gaming in other jurisdictions. In Australia, all real money games fall under the purview of regulations, and game operators providing these games require a license from the state regulatory body.

In Denmark, game operators must obtain licenses from the Danish Gambling Authority, and there is a distinction between games of skill and games of chance. Malta’s primary legislation for real money games is the Gaming Act, supplemented by other supporting legislations.

South Korea largely prohibits online gambling for residents, with a few exceptions such as government-run Sports Toto and Lotto. In the United Kingdom, all game operators providing real money games require a license from the Gambling Commission, and there is no distinction between games of skill and games of chance.

These countries have established regulatory frameworks to govern online gaming, addressing aspects such as licensing, distinction between games of skill and chance, and prohibition of certain types of gambling. These practices provide valuable insights for the continuous evaluation and improvement of India’s online gaming rules.

User Protection

In various countries, online gaming regulations have implemented measures to protect users. For instance, responsible gaming measures are a common feature, including self-exclusion schemes, strict age verification processes to prevent minors from gambling, and the implementation of safe gambling tools. Additionally, regulations often prohibit misleading and unfair promotional activities, require clear risk disclaimers in advertisements, and promote responsible play.

During the IAMAI event, several global experts spoke about experiences in their countries, like sports icons who could influence impressionable young minds not to be roped in for advertisements, measures for player protection, anti-money laundering and transparency. Some countries also incorporate user-defined alerts and timeouts, allowing users to set alert limits and self-exclude themselves from the platform for a specified period.

Furthermore, there are stringent penalties for non-compliance, robust age verification processes, and measures to educate and sensitize users about the associated risks and implications. These measures collectively aim to safeguard user safety, prevent addiction-related concerns, and minimize financial losses incurred due to such addiction.

Additionally, the regulations emphasize the importance of user empowerment, providing easy access to responsible gambling resources and tracking financial transactions to restrict money laundering and gambling addiction. These measures reflect the commitment of various countries to ensure a safe, trusted, and accountable online gaming environment for users.

Way Forward

In the report by EY released at the IAMAI Convention, valuable suggestions for Indian gaming regulatory architecture were provided. They include establishment of a fair and objective game verification framework to differentiate between permissible online real money games and platforms offering betting and gambling services.

It is the need of the hour to notify Self-Regulatory Bodies (SRBs) to facilitate the distribution of authorized games across states and educate users about lawful gaming environments. It is also important to maintain a central database of permissible game formats, prohibition of advertising from illegitimate operators, and the implementation of measures such as age verification, self-exclusion, and restrictions on inappropriate advertisements to enhance compliance for responsible gaming and user safety.

Furthermore, there is a need for a collaborative co-regulatory governance approach and the continual assessment of the effectiveness and robustness of regulatory provisions. Altogether, it is time that a regulatory architecture is provided soon so that industry can proceed along the guardrails.

Author’s note: Dhanendra Kumar is former Executive Director at the World Bank for India, Sri Lanka, Bangladesh and Bhutan, First Chairman Competition Commission of India. He is currently Chairman of Competition Advisory Services LLP.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Previous Article

Oil Fluctuates as Traders Assess China’s Vow, Unrest in Libya

Next Article

Shanghai residents turn to NFTs to record COVID lockdown, combat censorship

LIVE TV

today's market

index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
Quiz
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 5 Minutes Read

CNBC-TV18 celebrates embarking on a quarter century of excellence

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Summary

CNBC-TV18, the No. 1 English Business News brand, proudly enters its 25th year with a legacy defined by excellence and innovation. In an era where industry dynamics constantly shift, CNBC-TV18 has defined the business news genre in this country and remained at the numero uno position. Led by a stellar team of business journalists, including …

CNBC-TV18, the No. 1 English Business News brand, proudly enters its 25th year with a legacy defined by excellence and innovation. In an era where industry dynamics constantly shift, CNBC-TV18 has defined the business news genre in this country and remained at the numero uno position. Led by a stellar team of business journalists, including Shereen Bhan, Latha Venkatesh, Anuj Singhal, Prashant Nair, and Sonia Shenoy, CNBC-TV18’s comprehensive coverage remains unrivalled. The channel stands as the preferred choice for market experts, corporate leaders, influencers, investors, and policymakers seeking in-depth insights into finance, business, economy, and more. The channel’s commitment to quality reporting has solidified its position as the go-to source for reliable, incisive, and timely information.

CNBC TV-18 ‘s prime-time shows Bazaar, Closing Bell, and India Business Hour have informed and educated viewers day after day and night after night.

As a purpose-driven brand, CNBC-TV18 has driven impactful initiatives, and been the thought leader for over two decades. It created the world longest running show on start-ups and entrepreneurship, the award-winning Young Turks, 22 years ago. It gave India its first dedicated auto show, Overdrive, its first A&M show, Storyboard, a dedicated show on Pharma & Healthcare, the Medicine Box, a show on all things tech, Tech At Work, the award-winning Mad About markets, a show that captures all things trending before they become the trend and so much more.

More recently CNBC-TV18 launched Future.Female.Forward,- The Women’s Collective a campaign championing gender parity in the workplace. Also the marquee India Business Leader Awards’ celebrated its 19th edition by honoring exemplary leaders from the field of business, sports, and entertainment demonstrating our commitment to pursue and recognize excellence.

The foray of the brand into the digital world has been recent but delivered on its DNA with over 65 million* viewers across the social media platforms and YouTube channel.

The website CNBCTV18.com ensures the brand stays engaged with the audience -on TV, online, and on the move.

Reflecting on the remarkable journey of the brand, Shereen Bhan, Managing Editor, CNBC-TV18, remarked, “Our milestone signifies the relentless pursuit of quality, a vision for the future, unswerving consistency, and a commitment to credibility. Our accountability stems from a firm dedication to our audience, and innovation remains our guiding light for embracing change.”

As a multi-platform brand with a stronghold on both TV and Digital, CNBC-TV18 continues to evolve, adapting to the dynamic business world. The commitment to providing viewers with the news, analysis, and insights needed to navigate the complexities of today’s global economy remains unwavering.

Here’s to CNBC-TV18, a legacy shaped by principles and dedicated to delivering excellence in every aspect of business journalism.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Previous Article

Oil Fluctuates as Traders Assess China’s Vow, Unrest in Libya

Next Article

Shanghai residents turn to NFTs to record COVID lockdown, combat censorship

LIVE TV

today's market

index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
Quiz
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 5 Minutes Read

CNN-News18 Indian of the Year 2023 to recognise industry titans who are shaping India’s economic progress

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

 Listen to the Article (6 Minutes)

Summary

‘CNN-News18 Indian of the Year’ has a rich legacy of honouring exceptional individuals across various fields. The 2023 winners will be revealed at the star-studded grand awards ceremony in January 2024.

In its 13th edition, ‘CNN-News18 Indian of the Year’ (IOTY) awards will recognise exceptional contributions of remarkable individuals across seven categories – Business, Entertainment, Sports, Youth Icon, Rising Sports Star, Social Change, and Climate Warriors. The nominees in the Business category are personalities who are playing a pivotal role in propelling India’s economic growth. The nominees include N Chandrasekaran (Chairperson, Tata Sons), Sanjiv Puri (Managing Director, ITC), Dinesh Khara (Chairperson, State Bank of India), Sunil Vachani (Founder & Chairman, Dixon Technologies) and Sandeep Bakhshi (CEO, ICICI Bank).

Under the leadership of N Chandrasekaran, Tata Sons has witnessed a recovery and comeback in key businesses such as Steel and Auto. He consolidated the leadership in the aviation sector through Air India acquisition, and the company is now investing in semi-conductors, is a manufacturer for Apple and has entered into a tie-up with Nvidia for AI. N Chandrasekaran today oversees 30 companies across ten verticals, operating in 100+ countries with a collective revenue of $150 billion (INR 12 trillion), in 2022-23, employing over 1 million people.

Leading one of India’s diversified conglomerates, Sanjiv Puri has been at the forefront of steering ITC towards sustainable growth and innovation. The demerger of ITC hotels and acquisitions in the D2C and digital space have paid off for the company. ITC expanded with 18 new hotels in the last 16 months, focusing on tier 2 cities. It also consolidated agro, foods, and hospitality for a significant push in millets.

Recognized for his astute leadership at the helm of India’s largest bank, Dinesh Khara has played a crucial role in steering State Bank of India through dynamic economic arena. In the first quarter (Q1) of the ongoing financial year (FY) 2023-24, SBI’s net profit stood at Rs. 18,736 cr. Recently, Centre extended his tenure till August 2024. SBI’s asset quality has improved, its costs are under control and the share of safe and secure retail assets have also increased.

Sunil Vachani is a trailblazer in the electronics manufacturing sector and a torchbearer of the Make in India initiative. He has transformed Dixon into a powerhouse in electronics manufacturing, earning it the moniker of India’s Foxconn. This success story is poised to unfold for years to come. In just six years, the company’s workforce has surged from 1,500 to 25,000 employees, with projections reaching around 35,000 within a year.

Sandeep Bakhshi led a remarkable turnaround for ICICI Bank after Chanda Kochhar’s arrest and indictment. He cleaned up the loan book and ramped up the digital game for the bank. When he took over ICICI Bank in 2018, the share price of the bank on BSE was Rs. 313.35 per piece, which has reached over Rs. 900 and growing, an indication that the investors have reposed faith in the management of the bank. ICICI Bank on October 21 registered 35.7% year-on-year growth in standalone profit and a 24 percent rise in net interest income in the July-September quarter of the fiscal year 2023-24 (Q2), with a significant fall in bad loan provisions.

‘CNN-News18 Indian of the Year’ has a rich legacy of honouring exceptional individuals across various fields. The 2023 winners will be revealed at the star-studded grand awards ceremony in January 2024.

Past winners in the Business category include names like Ratan Tata, Aditya Puri, Rajiv Bajaj, Kumar Mangalam Birla and Uday Kotak, to name a few.

This year, the winner selection process will combine expert judgment and public voting, with 50% of the decision-making power given to the audience and the remaining 50% entrusted to the jury. To cast your vote for your favourite Indian and for more details regarding the awards, visit www.indianoftheyear.com.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

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Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

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index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

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