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MEDIA OF FINANCE A PROJECT REPORT ON GRAND SUBMITTED BY: ~ T.Y.B.B.A (2008-09) STUDENTS NAME ROLL NO:~ JIGNESH PATEL 93 CHETAN SHAH 120 NILAM PATEL 98 ROSHANI PATEL 44 NIKITA PATEL 99 KUSABU RAVAL 117 UMANG PATEL 110 GUIDED BY: ~ PROF. MATHEW JOHN BPCBA/TY/GP/2008-09 - 1 -
Transcript
Page 1: MEDIA OF FINANCE

MEDIA OF FINANCE

A PROJECT REPORT ON GRAND

SUBMITTED BY: ~ T.Y.B.B.A (2008-09)

STUDENTS NAME ROLL NO:~JIGNESH PATEL 93CHETAN SHAH 120NILAM PATEL 98ROSHANI PATEL 44NIKITA PATEL 99KUSABU RAVAL 117UMANG PATEL 110

GUIDED BY: ~ PROF. MATHEW JOHN

SUBMITTED TO : ~

BHOLABHAI PATEL COLLAGE OF

BUSINESS ADMINISTRATION

GANDHINAGAR-23.

(AFFILIATED TO THE GUJARAT UNIVERSITY)

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Practical training which a part of management study is intend to provide a student with

sufficient knowledge to develop and equation to connect theory and practical and there

by gives an opportunity to measure between conception and execution to test and verify

application of theory and comprehend between management and practice.

As per the requirement of the BBA programmer a preparation of comprehensive report

on industry is mandatory. This project gives valuable insight of the working of a

company and teaches the BBA student to apply their subject knowledge.

The section of the industries and the topic is in the hands of these students.

For preparation this project a group of minimum 6 students are require. We have

selection the three top rated TV news channels financial and news paper for

comprehensive project purpose and to study effect of these channels on the Indian stock

market investors by looking at the tremendous growth and strategic importance for the

Indian stock market. This project has been done under the guidance of the project guide

The project has been prepared by taking help of secondary sources like book, magazine,

news paper, and the information available on the internet. But more information was

collected from primary sources.

This project has been done by taking into account the Indian stock investors as well as

Indian TV NEWS CHANNELS.

Here within the project we have tried all the dimensions in the analysis of the effect of

the effect of TV NEWS CHANNELS AND FINANCIAL NEWS PAPER on the stock

market investors such as:

The primary markets especially BSE

The content of various program’s related to stock market presented on news

channels CNBC AWAAZ, CNBC TV18, NDTV PROFIT.

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Study the influence of above mentioned programs about stock markets on investors.

The table of content gives the detailed for quick reference of particular topic in which the

person is interested. The bibliography in the end covers the references that are authorized

and quite recent also important to measure and evaluate the content in the project report.

An attempt has been made in this report to study the topic deeply

The grand project has helped us greatly to understand the fundamentals of the practical

application.

By.

JIGNESH PATEL

NILAM PATEL

ROSHANI PATEL

NIKITA PATEL

KHUSHBU RAVAL

CHETAN SHAH

UMANG PATEL

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One genius when works on a project comes out with the best but when a group of genius

works on something a MASTERPIECE is in the making and that’s grand project.

Hence we as a group would like to thanks our director prof. S.chinnam reddy and

coordinator prof. ramakanta prusty for giving us the opportunity to prepare this report.

We would definitely like to thank our project guide prof. Mathew john his valuable

guidance throughout in the making of the project.

We would like to express our gratitude towards faculty members to have been of great

help during our project.

Last but not the least we extend our sincere thanks to all friends, members and colleagues

who were involved in some way or the other in the making of the grand project.

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In the first of the report we have focused on the Indian stock market that is the Bombay

stock exchange. This part consists of four chapters.

The first chapter focuses on the capital market specifically the Indian capital market. The

Indian capital is further divided into PRIMARY MARKET and SECONDARY

MARKET> we learned a little about the EMERGING INTERNATIONAL CAPITALN

MARKET although our of concern was the BOMBAY STOCK EXCHANGE under the

SECONDARY MARKET.

The secondary chapter focuses on the INVENTOR’S PROFILE that indices risk. Return,

sensitivity analysis for measuring the risk, experts of the inventors and the investor’s risk

preference which is support by indifference curve.

The third chapter explains about the CAPITAL ASSET PRICING MODEL with the

implications, assumption and the element of the model.

The fourth chapter describes the CONSUMER BEHAVIOUR along with the models of

buyer behavior, factors affecting consumer behavior under which comes cultural factors,

social factors, personal factors and the psychological factor. The second part of report is

an analysis on the 3 top rated TV NEWS CHANNELS. Which are NDTV PRIFITE,

CNBC AWAAZ and CNBC TV- 18. This part has four chapters.

First chapter gives an introduction of the Indian TV industries following by the

competition of TV with other media, share of different media, merits and demerits of TV

advertising, TV transmission and reception and the career opportunities in TV, TV as a

medium of future.

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Second chapter deals with the NDTV PROFILE its BOARD OF DIRECTORS;

PROGRAM SCHEDULE OF NDTV involves the various PRESS RELEASES

FINANCIAL RESULTS, KEY ACHIEVEMENTS.

Third chapter is all about channel CNBC awaaz that has the information about the

MANAGEMENT, FINANCIAL RESULTS, and PROGRAM GUIDE.

Fourth chapter comes with the third and final channel CNBC-18 followed by PROGRAM

CONTENT, a CLANCE OVER THE MOST COMMONLY VIEWED SHOWS.

The third part of the report is a STUDY ON INPACT OF TV NEWS CHANNELS ON

INVESTMANT BEHAVIOUR OR NIDINA STOCK MARKET MANAGEMEN^T.

The first chapter presents the RESERCHER METHODOLOGY with introduction,

objective 0f research, research scope, secondary data, primary data, sampling data

analysis and tools and the limitations.

The second chapter consist of the research findings in the chapter we have provide our

observations with the help of PIE-CHARTS.

The fourth part of the report consist of the CONCLUSION, BIBLIOGRAPHY and

ANNEXURE SO SUPPORT our conclusion we have provided the seven P’s marketing

and PROTER’s FIVE FORCE MODEL is terms of our report annexure consists of the

questionnaire, extracts from various news papers, magazines and the internet.

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INTRODUCTION

A major task of management is to recognize up diagnose problems. No problem

exist until someone deserts that it does all though the particular situation may have

existed for sometime unrecognized. Problem discovery is the first stage of any decision

process and is the main objectives of monitoring research.

There is a problem when a decision maker faces uncertainty, which may concern

either difficulties or opportunities.

Difficulties are situation or developments that have negative or counterproductive

consequences opportunities, on the other hand, are situation with positive potentials that,

if recognized and capitalized on, are profitable to the enterprise. Competitors may have

recognized and moved them on earlier, and their preemption of opportulty. Opportunities

are more difficult to identify and challenge to solve, but they may lead to profitable

innovations.

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1. Objectives of prelinary research;

After discovering the problem, it needs to be defied and this should be a statement in the

terms used by the decision maker.

A. The objective of preliminary research is to gather data on the situation

surroundings the supposed problem to determine:

B. A correct definition of the problem

C. An understanding of its environment

D. Whether the initial feedback data, which triggered problem recognition

accurately, pictured the situation.

Preliminary research has no standard techniques.

2. Exploratory research:

The next question is whether there is sufficient need to conduct an exploratory

study such a study`s main purpose would be to determine the approximate area

where the problem rise and also to identify since attractive courses of action to

solve it. It may incidentally also enable a sharper definition of the problem to be

made.

If an exploratory study of alternatives were conducted, it would begin

with identifying a number of hypotheses that are already known in the firm.

Discussion with managers in the company would probably bring out a number of

hypotheses without having to leave the office.

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RESEARCH METHODOGY:

1. Research objectives:

A. To the level of satisfaction of the investors who are the customers her for the

stock market related programmes on TV news channels. Since the stock market is

highly incorporated and is on a rise therefore we would like to get ourselves

acquainted with the stock market knowledge.

B. To study the primary the market specially BSE

C To study the various stock market related programmes that are telecasted on the

channels we choose.

D. To study the investors decision making after they refer to what the news channels

say about the stock market.

E. Finally to study the impact of the TV news channels on the stock market

investors.

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2 Research scope:

A. GandhiNagar

B. Ahmebad

3. Secondary data:

A. Catalogues, browsers, support materials provided by the investors.

B. websites

C. Newspapers, magazines

4 Primary data:

A. Unstructured primary interview of the 150 investors in gandhinagar &Ahmebad.

B. Survey of 100 respondents based on questionnaire.

5. Sampling:

A. convenience sampling method was used for primary survey in gandhinagar

&Ahmebad

B. The investors in gandhinagar &Ahmebad were selected on geography basis.

C. The sample size was also chosen to support to analysis.

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6. Data analysis and tool used:

A. After the data was collected through the questionnaire data tables were prepared

and an analysis was done using the pie- charts.

7. Limitations:

A. The investors in gandhinagar gave an average response to our questions.

B. We did not cover unorganized market for the survey.

C. Sample size of 100 may be unreasonable.

D. Majority of the secondary date was collected from company web sites.

E. There was no tool available, which whoud measure and give the extent of impact

of TV news channels on stock market investors.

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BRIEF TABLE OF CONTENTS

NO. PARTICULAR PAGE

NO.

I PREFACE

II ACKNOWLEDGMENT

III EXECUTIVE SUMMARY

ABOUT THE INDIAN STOCK MARKET

1. CAPITAL MARKET

2. INVESTOR PROFILE

3. CAPITAL ASSET PRICING MODEL

4. CONSUMER BEHAVIOUR

AN ANALYSIS ON THE 3 TOP RATED TV

NEWS CHANNELS

NDTV PROFIT, CNBC AWAAZ, CNBC TV18

1. INTRODUCTION OF THE INDIAN TV INDUSTRIES

2. NDTV PROFIT

3. CNBC TV 18

4. CNBC AWAAZ

AN ANALYSIS ON THE 3 TOP RATED TV

NEWS CHANNELS

FINANCIAL EXP., BUSINESS STANDERED,

TIMES OF INDIA.

1. INTRODUCTION

2. FINANCIAL EXPRESS

3. BUSINESS STANDARD

4. TIMES OF INDIA

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STUDY OF IMPACT OF TV NEWS

CHANNELS ON INVESTMENT BEHAVIOR

OF INDIAN STOCK MARKET

MANAGEMENT

1. CONSUMER BEHAVIOR

2. RESEARCH FINDING

3. SUGGESION

4. CANCLUSION

5. BIBLOGRPHY

6. ANNEXURE

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INTRODUCTION OF CAPITAL MARKET

The capital market is a market for financial investments that are direct or indirect aims to

capital. It is wider than the securities markets and embarrasses all the forms of lending

and borrowings, whether or not evidenced by the creation of a negotiable financial

instrument. The capital market compromises the complex of intuitions and mechanism

through which intermediate terms funds and long term funds are pooled and made

available to business’ government and individuals. The capital market also encompasses

the process by which securities already outstanding are transferred.

The capital market and the particular stock exchange are referred to as the barometer of

the economy. Government policy is so molded that creation of wealth through products

and services is facilitated and surpluses and profits are chanalised into productive uses

through capital market operations. Reasonable opportunity and protection are afforded by

the government through special measures in capital market to get new investment from

public and the intuitions and to ensure their liquidity.

The division of capital market is shown in the graph below

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Capital market

Indian capital market international capital market

Primary market secondary market

Public issue

Right issue Stock exchange

Private placement

National Bombay

Stock stock

Exchange exchange

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Emerging international capital market

With the advent of Multinational Corporation during the period from 1970, the financial

products and services offered world wide in the international market platform become

more and more innovative and sophisticated.

Commercial activity expanded both in the domestic markets and aboard with matching

support from various operating factors. The compulsion for individual economies to

integrate in the global economy has pronounced. Gradually the domestic financial market

assumed the global outlook both in their orientation and operations.

Two major dimensions are noticeable in the world financial market.

1. There was expansion of commercial banking: to collect deposits, grant loans and

carry out a variety of banking markets around the world and development in

electronic processing and communication technology enabling foreign operations

on a faster scale.

2. Develop of global financial market place for securities: the domestic securities markets

rapidly become interconnected through electronic communication network, automated

trading systems, cross listing of security on major international exchanges and the use of

after listing of security on major international exchanges and the use of after hours

trading sessions as well as 24 hours trading system. Such technology bresk through

coupled with substantial financial deregulations world wide has contributed to achieving

significant integration of major markets in securities duration recent years.

The integration of world financial and capital market afforded grate benefits to both

demanders and suppliers of funds offering more extension investments alternatives and

grater opportunities to diversify risk. Borrowers get larger access to a verity of market for

funds. This allows migration of funds towards their most efficient users providing

incentives to save and invest and service to enhance world productivity.

The international diversifications have offered many potential benefits to the investors.

Foreign brokerage forms have sight membership in major domestic stock exchanges. In

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UK during 1996, the following delegations of London financial markets, many US

security firms applied for seats in London stock exchanges, enhancing access to UK

equity markets by us financial market.

The globalization of financial added depth and liquidity through broader and larger

number of market participants. A liquid market is one where the size of an order creates

minimum effect on the transaction price. Depth refers to the number of participants in the

market ready to transact at a given price to ensure sufficient liquidity. Sufficient depth is

also must so that when an order arrives to buy security, there will adequate orders to sell

also. In this scenario, the market price will not move drastically. To a large extent, access

to foreign markets has been facilitated by far reaching developments in the areas of

communication, technology and by hours of trading in new York stock exchanges.

Philadelphia exchange and NASDAQ exchange etc. a major motive for extending the

trading into night was to facilitate synchronized transactions during the trading hours in

other parts of world. Automatic trading system in many parts of world facilitates faster

trading and the economies of electronic trading.

Computerized market trading started in 1970, with the NASDAQ system. In earlier 80s

the national association of security dealers, USA developed a national market system

providing investors with the transaction data as they accrued. By 1991 by private

offerings resale’s and trading through automated linkages system was developed to

enable users to trade in even unregistered securities world wide. NASADAQ also

established automated trading system linking stock exchange in London and Singapore.

Thus NASDAQ has the facility to provide cross listing of foreign securities and automate

trading execution enhancing its position as major market for domestic and foreign

securities. During the 80s the volume of international transactions in corporate securities

across US border registered a quantum jump. Basically France, Japan UK, Canada and

Germany were the five foreign countries which are actively engaged in buying and

selling in US securities. The US also correspondently enlarged transactions in these

countries.

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During 80s Japan enjoyed balance of payment surpluses with dismantling of Japanese

regulations to permit grater investment abroad coupled with the persisting US deficit

during that period, Japanese investors purchased US government debt instruments.

During the decade 80-90 international bond market become very active. This included

foreign bond market and euro bond and euro commercial market paper. Along side the

bond market, the equity market was dominated by United States. Japan and UK holding

the three fourth of the capitalized value of the world equity market. After the gradual

integration of the world equity markets accounted for more than half of equities listed in

world stock exchanges.

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Indian capital market

As show in the above diagram Indian capital market is divided into 2 main parts,

1. Primary market

2. Secondary market

Primary market:- the capital market is the market for long term funds. Capital markets

discharge important functions of saving, especially of the household sector to companies,

public and government sector bodies. Individuals or households with surplus money

invest their money in exchange for shares, debenture and securities of such companies

and government. The market for such long term finance is known as primary market. In

the primary market new issue of equity and debt are arranged in the form of new

floatation, either publicly or privately or in the form of rights offer to exist share holders.

Companies raise new cash in exchange of financial claims. The financial claims may take

the form of share or debentures. Public sector undertakings also issue securities. The

tractions in primary market result in capital formation.

The primary market consist of new issue market in which new securities are sold by

public limited companies through public issue of debt or equity and financing through

venture capitalist. The venture capital firm provides substantial amounts of capital mostly

through equity purchases and occasionally through debt offerings to help growth oriented

firms to develop and success.

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Primary market intermediates

Primary market intermediaries are a very vital link between the regulators and the

investors. Any aberrations in primary market has presumably direct bearing on the

intermediaries, their governance process and practices which in turn affect the confidence

of the market. It is therefore necessary to ensure good governance practice of the

intermediaries and also to have constant monitoring on the surveillance on the acts, 1992

was framed to provide for the establishment of a board to protect the interest of investors

in security and to promote the development of and regulate the primary market and for

matter connected therewith and incidentals thereto.

As per section 11 of SEBI act, it is the duty of SEBI to register and regulate the working

of broker, sub broker, share transfer agent, bankers to issue, trustee of trust deeds,

registrar to an issue, merchants bankers, under writers portfolio managers, investment

advisers and such other intermediaries which may be associated with security market in

any manner.

SEBI has issued regulation in respect to each intermediary to ensure proper service to be

rendered by them to investors and to the capital market.

The following are the primary market intermediaries.

1. Merchant bankers/lead agents.

2. Registrar and transfer agents.

3. Underwriters

4. Bankers to as issue.

5. Debenture trustees.

Primary market instruments

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The instruments used by the corporate sector to raise funds are selected on the bases of

[1] investor preference for a given instrument. [2] The regulatory frame work where

under the company has to issue the security.

Investor preference very with their attitude toward risk and their investment goals and

also their investment horizon. The tax liability of the investor does affect the choice of

investment media. The firm on the other hand is affected by the debt equity ratio

permissible, SEBI guideline on issue of capital and the formalities to be complete with

while raising an issue. The tax liability of company, the purpose for which funds are

required, debt serving ability and willingness to broad base the share holding of the

company all influence the choice of the instrument. The corporate sector and financial

intuitions have been issuing new instruments to attract the investors. However, the range

of instruments used is still very narrow. Convertible debentures are the most popular

instrument in current scenario to raise funds from the market. The attraction of the

instrument of both the corporate sector and investor lines in:

1. The investor gets reasonable returns during the initial years followed by equity

participation on conversion.

2. The issue involves lower post tax cost of capital, thereby entailing on a lesser

strain on liquidity.

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Classification of instruments

The instruments of primary market can be classified into 3 categories,

1. Pure instruments

2. Hybrid instruments

Pure instrument:- pure instrument involves equity share, preference share and debentures,

bonds which are issued with their basic characteristics in tact without mixing feature of

other classes of instrument are called pure instruments.

Hybrid instrument: - hybrid instrument are which those which are created by combining

the features of equity with bond, preference and equity etc. examples of hybrid

instruments are: convertible preference shares, cumulative convertible preference share,

non convertible debentures with equity warrants, partly convertible debentures, partly

convertible debentures, warrants convertible into debenture or share, secured premium

notes with warrants etc.

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Establishment of the Securities and exchange board of India

Preamble

The preamble of the security and exchange board of India describes the basic functions of

the securities and exchange board of India as

“…….to protect the interests of investors in securities and to promote the

development of, and to regulate the securities market and for matters connected

therewith or incidental thereto

The securities and exchange board of india was established on april 12, 1992 in

accordance with the provisions of the security if the securities and exchange board of

india act, 1992.

Management of the board.

1. the board shall consist of the following members, namely:-

(a) A chairman;

(b) Two members from amongst the officials of the [5][ministry] of the central

government dealing with finance [6] and administration of the companies act,

1956(1 of 1956)];

(c) One member from amongst the officials of [7][the reserve bank];

[8][(d) Five other members of whom at least three shall be the whole-time

member]

To be appointed by the central government.

2. The general superintendence, direction and management of the affairs of the

board shall vest in a board of members, which may exercise all powers and do all

acts and things which may be exercised or done by the board.

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3. Save as otherwise determined by regulations, the chairman shall also have powers of

general superintendence. And direction of the affairs of the board and may also exercise

all powers and do all acts and things which may be exercised or done by that board.

4. The chairman and members referred to in clauses (a) and (b) of subsection (1) shall be

appointed by the central government and the member referred to in clauses (b) and (c) of

that sub-section shall be nominated by the central government and the [9][reserve bank]

respectively.

5. The chairman and the other member referred to in clauses (a) and (b) of sub-section (1)

shall be persons of ability, integrity and standing who have shown capacity in dealing

with problems relating to securities market or have special knowledge or experience of

law, finance, economics, accountancy, administration or in any other discipline which, in

the opinion of the central government, shall be useful to the board.

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The board

Shri m damodaran,

Chairman, SEBI,

SEBI bhavan, bandra kurla complex,

Bandra(E), Mumbai-400051.

CHAIRMAN

Shri g anantharman,

Whole-time member, SEBI,

SEBI bhavan bandra kurla complex,

Bandra (E), Mumbai – 400051

Member appointed under section 4(1)(d)

of the SEBI act, 1992.

Dr. T C Nair,

Whole – time member, SEBI,

SEBI bhavan, bandra kurla complex,

Bandra (E), Mumbai – 400051.

Member appointed under section 4(1)(d)

of the SEBI act

Shri V K chopra,

Whole – time member, SEBI,

SEBI bhavan, bandra kurla complex,

Bandra (E), Mumbai – 400051.

Member appointed under section 4(1)(d)

of the SEBI act

Shri anurag goal.

Secratry, ministry of company affairs,

Shastri bhavan, new delhi-110001.

Member nominated under section 4(1)(b)

of the SEBI act, 1992

Dr. k p Krishnan,

Joint secretary-CM,

Department of economic affairs,

Ministry of finance, government of india,

New dilhi-110001

Member nominated under section 4(1)(c)

of the SEBI act, 1992

Shri v leeladhar,

Deputy governor, reserve bank of india,

center office, Mumbai-400023

Member appointed under section 4(1)(d)

of the SEBI act 1992

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POWER AND FUNCTION OF THE BOARD

Function of board.

11.(1) subject to the provisions of this act, it shall be the duty of the board to protect

the interests of investors in securities and to promote the development of, and

regulate the securities market, by such measures as it thinks fit.

(2) Without prejudice to the generality of the foregoing provisions, the measures

referred to therein may provide for-

(a) Regulating the business in stock exchanges and any other securities markets;

(b) registering and regulating the working of stock brokers, sub-brokers, share

transfer agents, bankers to an issue, trustees of trust deeds, registrars to an issue,

merchant bankers, underwriters, portfolio managers, investment advisers and such

other intermediaries who may be associated with securities markets in any manner;

[13](ba) registering and regulating the working of the depositories, [14] [participants,]

custodians of securities, foreign institutional investors, credit rating agencies and such

other intermediaries as the board may, by notification, specify in this behalf;]

(c) Registering and regulating the working of [15][venture capital funds and

collective investment schemes], including mutual funds;

(d) Promoting and regulation self-regulatory organizations;

(e) Prohibiting fraudulent and unfair trade practices relating to securities markets;

(f) Promoting investors education and training of intermediaries of securities markets;

(g) Prohibiting insider trading in securities;

(h) Regulating substantial acquisition of shares and take-over of companies;

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(i) Calling for information from, undertaking inspection, conducting inquiries and

audits of the [16][ stock exchanges, mutual funds, other persons associated with the

securities market] intermediaries and self-regulatory organizations in the securities

market;

[17][“(ia) calling for information and recode from any bank or any other authority or

board or corporation established or constituted by or under any center, state or

provincial act in respect of any transaction in securities which under investigation or

inquiry by the board;”]

(j) Performing such functions and exercising such powers under the provisions of [18]

[….] the securities contracts (regulation) act, 1965(42 of 1956), as may be delegated

to it by the central government;

(k) Levying fees or other charges for carrying out the purposes of this section;

(l) Conduction research for the above purposes;

[19][“(la) calling from or furnished to any such agencies, as may be specified by the

board, such information as may be considered necessary by it for the efficient

discharge of its functions;”]

(m) Performing such other functions as may be prescribed.

[20[“(2a) without prejudice to the provisions contained in sub-section (2), the board

may take measures to undertake inspection of any book, or register, or other

document or undertake inspection of any book, or register, or other document or

record of any listed public company or a public company (not being intermediaries

referred to in section 12) which intend to get its securities listed on any recognized

stock exchange where the board has reasonable grounds to believe that such company

has been indulging in insider trading or fraudulent and unfair trade practices relating

to securities market.”]

[21][(3) notwithstanding anything contained in any other law for the time being in

force while exercising the powers under [22][clause (i) or clause (ia) of sub-section

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(2) or sub-section (2a), the board shall have the same powers as are vested in a civil

court under under the code of civil procedure, 1908 (5 of 1908), while trying a suit, in

respect of the following matters, namely:

(i) The discovery and production of books of account and other documents, at such

place and such time as may be specified by the board;

(ii) Summoning and enforcing the attendance of persons and examining them on oath;

(iii) Inspection of any books, registers and documents of any person referred to in

section 12, at any place;]

[23][(iv) Inspection of any book, or register, or other document or record of the

company referred to in sub-section (2a);

(V) Issuing commissions for the examination of witnesses or documents.]

[24][(4) Without prejudice to the provisions contained in

Public company or a public company (not being intermediaries referred to in section 12)

which intends to get its securities listed on any recognized stock exchange where the

Board has reasonable grounds to believe that such company has been indulging in insider

trading or fraudulent and unfair trade practices relating to securities market :

Provided further that the Board shall, either before or after passing such orders,

give an opportunity of hearing to such intermediaries or persons concerned.]

[25][Board to regulate or prohibit issue of prospectus, offer document or

Advertisement soliciting money for issue of securities.

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11 A (1) without prejudice to the provisions of the Companies Act, 1956 (1 of 1956),

the Board may, for the protection of investors, -

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(a) Specify, by regulations –

(1) The matters relating to issue of capital, transfer of securities and other matters

incidental thereto; and

(2) The manner in which such matters shall be disclosed by the companies;

(b) By general or special orders-

(1) Prohibit any company from issuing prospectus, any offer document, or

advertisement soliciting money from the public for the issue of the securities;

(2) specify the conditions subject to which the prospectus, such offer document or

advertisement, if not prohibited, may be issued.

(2)Without prejudice to the provisions of section 21 of the securities contracts

(Regulation) Act, 1956(42 of 1956), the Board may specify the requirements for listing

and transfer of securities and other matters incidental thereto.”]

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5. INVESTMENT MANAGEMENT DEPARTMENT (IMD)

The investment Management department is responsible for registering and

regulating mutual funds, including fund distributors , Venture capital funds , foreign

Venture capital investors , collective investment schemes , including plantation schemes ,

Foreign Institutional Investors , Portfolio Managers and Custodians .The following

Divisions will perform the functions of the Department ;

5.1 Division of Funds and Collective Investment Scheme:

The Division will handle all work related to:

Mutual funds and its distributors

Venture Capital Funds and Foreign Venture Capital Investors

Portfolio Managers

Collective Investment schemes (including plantation schemes)

Composition of Securities Appellate Tribunal:

Justice N K Sodhi Presiding Officer

Shri Arun Bhargava Member

Shri Utpal Bhattacharya Member

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Organization structure

SHRI M. DAMODARAN

CHAIMAN

[email protected]

SHRI G.

ANATHARAMAN, DR T C NAIR, SHRI V.K. CHOPRA

WHOLE TIME WHOLE TIME

WHOLE TIME MEMBER MEMBER MEMBER

[email protected] [email protected] [email protected]

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SHRI GANANTHARAMAN, WHOLE TIME MEMBER

FUNCTION EXECUTIVE

DIRECTO

E-mail I.D

Derivatives and New

Products Department

Direct -

Integrated surveillance

Department

Direct -

Investigations Department Shri P K Nagpal [email protected]

Enforcement Department Shri Sandeep P Parekh [email protected]

Legal Department Shri Sandeep P Parekh [email protected]

Market Regulation

Department

Shri Manas Ray [email protected]

Vigilance Cell Shri R K Nair [email protected]

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DR.T C NAIR, WHOLE TIME MEMBER

FUNCTION EXECUTIVE

DIRECTOR

E-mail I.D

Corporation Finance

Department

Smt. Usha narayanan [email protected]

Investment Management

Department –Division of

Foreign institutional

Investors (FIIs)and

Custodians, collective

Investment Scheme

smt. Usha narayanan

Research and Training

Department

Shri R K Nair [email protected]

Investment management

Department-division of

Funds

Shri R K Nair

Regional Offices Shri R K Nair

Office of International

Affairs

Direct

enquiries and Adjudication

Department

Direct

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SHRI V. K. CHOPRA, WHOLE TIME MEMBER

FUCTION EXECUTIVE

DIRECTOR

E-mail I D

Market Intermediaries

Regulation and Supervision

Department

Shri Manas Ray [email protected]

Office of Investor

Assistances and Education

Shri R K Nair [email protected]

Hearing of appeals under

RTI Act (Appellate

Authority)

Direct

General Services

Department

Shri R K Nair [email protected]

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FORMER CHAIRMAN OF SEBI

NAME

Duration

Form To

Shri G N Bajpai 20-02-2002 18-02-2005

Shri D R Mehta 21-02-1995 20-02-2002

Shri S S Nadkarni 17-01-1994 31-01-1995

Shri G V Ramakrishna 24-08-1990 17-01-1994

Dr.S A Dave 12-04-1988 23-08-1990

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Addresses of Offices of SEBI

West Zone :Mumbai (Bombay)

Head Office: Plot No. C4-A,’G’ Block, Bandra kurla Complex, Bandra

( East), Mumbai 400051

Tel: +91-22-26449000/40459000

Fax : +91-11-23724006.

E-mail : [email protected]

Nort Zone : New Delhi

Regional Office: The Regional Manager, 5th Floor, Bank of Baroda Building,16,

Sansad Marg, New Delhi-110001.

Tel: +91-11-23724001-05

Fax: +91-11-23724006.

E-mail : [email protected]

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South Zone : Chennai (Madras)

Regional Office :

The Regional Manager, D’ monte Building, 3rd Floor, 32 D’Monte Colony, TTK Road,

Alwarpet, Chennai : 600018.

Tel : +91-44-24674000/24995676

Fax : +91-44-24998083.

E-mail : [email protected]

East Zone : Kolkata (Calcutta)

Regional Office : The Regional Manager, L&T Chambers,

3 rd Floor,

16 Camas Street,

Kolkata 7000017

Tel : +91-33-23023000.Fax :+91-33-22874307.

E-mail : [email protected]

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INTRODUCTION.TO BSE

VISION

LOGO

CORPORATE STRUCTURE

STATISTICS

INFORMATION PRODUCTS

LIST OF HOLIDAYS

BSE ANNUAL ACCOUNTS

BSE INTERNATIONAL CONVENTION HALL

CAREERS

CONTACT

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INTRODUCTION TO BSE

Bombay Stock Exchange Limited (the exchange) is the oldest stock Exchange in Asia

with a rich heritage. Popularly known as “BSE”, it was established as “The Native Share

& Stock Brokers Association “in 1875. It is the first stock exchange in the country you

obtain permanent recognition in 1956 from the Government of India under the securities

Contracts (Regulation) Act, 1956.The Exchange’s pivotal and pre-eminent role in the

development of the Indian Capital Market is widely recognized and its index, SENSEX,

is tracked worldwide. Earlier an Association of Persons (AOP), the Exchange is now a

demutualised and corporatized entity incorporated under the provisions of the companies

Act, 1956, pursuant to the securities and Exchange Board of India (SEBI). Bombay stock

Exchange Limited received its Certificate of Incorporation on 8 th August, 2005 and

Certificate of Commencement of Business on 12 th August, 2005. The ‘Due Date’ for the

talking over the Business and the operations of the BSE, by the Exchange was fixed for

19th August, 2005 under the scheme. The Exchange has succeeded the business and

operations of BSE on going concern basis and its recognition as an Exchange has been

continued by SEBI.

With demutualization, the trading rights and ownership rights have been de-linked

effectively addressing concerns regarding perceived and real conflicts of interest. The

Exchange is professionally managed under the overall direction of the board of Directors.

The Board comprises eminent professionals, representatives of Trading Members and the

managing Director of the Exchange. The Board is inclusive and is designed to benefit

from the participation of market intermediaries.

In terms of organization structure, the board formulated larger policy issues and exercises

over all control. The committees constituted by the Board are broad-based. The day-to-

day operations of the Exchange are managed by Managing Director & CEO and a

management term of professionals.

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The Exchange has a nation-wide reach with a presence in 417 cities and towns of India.

The systems and processes of the Exchange are designed to safeguard market integrity

and enhance transparency in operations. During the year 2004-2005, the trading volumes

on the Exchange showed robust growth.

The Exchange provides a transparent market for trading in equity, debt instrument and

derivatives. The BSE’s on Line Trading System (BOLT) is a proprietary system of the

Exchange and is BS 7799-2-2002 certified. The surveillance and clearing & settlement

functions of the Exchange are ISO 9001:2000 certified.

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VISION

“Emerge as the premier Indian stock exchange by established global benchmark”

LOGO

The Stock Exchange, Mumbai, is now Bombay Stock Exchange Limited. The Exchange

has a new name, and an entirely new perspective. A perspective born out of

corporatization and demualization.

Bombay Stock Exchange Limited is Asia’s oldest stock exchange. It carries within itself

the depth of knowledge of capital markets acquired since its inception in 1875. Located

in Mumbai, the financial capital of India, it has been the backbone of the country’s

capital markets.

As a corporate entity, our new identity reflects our new perspective. Smoother, seamless,

and efficient. Whichever way you look at it.

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CORPORATE STRUCTURE

Statistics

1. BUSINESS TRANSACTED AT BSE

Turnover, Average Daily Turnover, Turnover for the month,

V-SAT Turnover, No. of shares Traded, No. of Script Traded, Deliveries,

Market Capitalisation, No. of Trading Days, Derivatives.

2. LISTING AND CAPITAL RAISED

No. of Companies Listed, No. of Scripts Listed, Newly

Listed securities of existing companies, Capital Listed during the month,

Amount offered/raised through IPO & Rights, Capital raised through

FCCB/Euro Issue.

3. INDEX AND RATIOS

BSE Sensitive Index, BSE TECK Index, BSE 100 Index, BSE

200 Index, Dollex-200, BSE 500 Index, P/E Ratio, price to book value,

Dividend Yield%.

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4. BUSINESS TRANSACTED BY FIIs

No. of Registered FIIs transactions in BSE, FIIs

transactions (Equity &Dept) all India.

5. MEMBERSHIP AND TWS

No. of Members, No. of Trader Work Station (TWS), No. of

Cities.

6. DOLLAR EXCHANGE RATE

Rupee Dollar Rate

Conversion Table

1 Billion= 100 Crore, 1 crore= 10 Million, 1 million= 10 lakh, 1 Lakh

=100 Thousand.

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LIST OF HOLIDAYS

The Exchange will observe the following Trading Holidays during the

Calendar Year January to December, 2007.

Holidays Date Day

1. Bakri-Id 1st January, 2007 Monday

2. Republic Day 26th January,2007 Friday

3. Moharum 30th January,2007 Tuesday

4. Mahashivratri 16th February,2007 Friday

5. Ram Navami 27th March,2007 Tuesday

6. Good Friday 6th April,2007 Friday

7. Maharashtra Day 1st May,2007 Tuesday

8. Buddha Pournima 2nd May,2007 Wednesday

9. Independence Day 15th August,2007 Wednesday

10. Mahatma Gandhi Jayanti 2nd October,2007 Tuesday

11. Diwali Amavasya (Laxmipuja) 9th November,2007 Friday

12. Bakri Id 21st December,2007 Friday

13. Christmas 25th December,2007 Tuesday

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INVESTOR PROFILE

Return :

Return is the actual income received plus any changes

in market prize of an investment.

Risk :

Risk is the variability of actual return from the

expected return associated with a given investment.

Sensitivity analysis for measuring the risk expects of the investors:

Sensitivity analysis takes in to account a number of

possible outcomes / returns estimates while enwalvating an investment /

assessing risk in order to have as sense of the variability among return

estimate the worst the expected and the best return associate with the

investment alternatively the level of outcomes may be related to the state

of economy and boom conditions the different between the optimistic and

the pessimistic outcomes is the range which according to the sensitivity

analysis is the basic member of risk the greater the range the move

variability-risk the investment is said to have.

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Investor’s risk preference:

Rational investors invest in efficient portfolios depends

on the risk return trade off for the investors a risk averse investors seeks

risk free opportunities with positive risk premium other things being

equal a highly risk averse investors holds a portfolio on the lower end of

the efficient frontier as the aversion to risk weakens one moves up along

the efficient frontier.

Utility functions or indifference curve are normally used

to portray an investors attitude towards risk all portfolios along an

indifference carver are equally satisfactory to concerned investors the

higher is the curve the higher is the satisfaction.

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Capital asset pricing model :

CAPM is an equilibrium model of the trade –off

between expected portfolio return and unavoidable risk the basic

theory that links together risk and return of all assets.

Thus the CAPM has implication for,

1. Risk-return relationships for an efficient portfolio.

2. Risk returns relationship for an individual security.

3. Identification of under and over valued assets traded in the market.

4. Pricing of assets not yet traded in the market.

5. Effect of leverage on cost of equity.

6. Capital budgeting decisions and cost of capital.

7. Risk of the firm though diversification of project portfolio.

Assumption :

1. all investors are price taker their number is so large that no single

investors can effect prices

2. all investors use the mean variance portfolio selection model of

Markowitz.

3. Securities are perfectly divisible

4. All investors plan for one identical holding period.

5. Homogeneity of expectation for all investors frontier and optimal

portfolio.

6. Investors can lend or borrow at identical risk free rate.

7. There are no transaction cost and income taxes

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Elements of the model :

1. capital market line:-

it depicts the risk return relationship for efficient

portfolio

2. security market line:-

it is graphics depiction of CAPM and describer the

market price of risk in capital market

3. expected return:-

in a CAPM context is the risk free rate plus a premium for

systematic risk based on beta

4. beta:-

Despite challenger the CAPM is widely used because it is practical

equilibrium model.

consumer behavior:-

model of buyer behavior

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1. market and other stimuli

marketing products other

price economic

place

technological

promotion political

cultural

2. buyers

black

bore

buyers

buyers

character

decision

rustics

procer

3 buyers

responses

products choice

Brand choice deals

choice purchase

timing purchase

amount

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Factors affecting consumer behavior:-

cultural

culture

subculture

social class

social

reference

group

family

roles and status

personal

age & lifecycle

economic

lifestyle

personality

psychological

motivation

perception

caring

beliefs

& Attitude

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CULTURAL FACTORS:-

1. Cultural:-

The set of basic values perception wants and behaviors reared by a

member of society from family and other important institution.

2. Subculture:-

A group of people with shared value system based on

common life experience and situations.

3. Social class:-

Relatively permanent and ordered decisions in a society

choose members share similar values, interest and behaviors.

Social factors:-

1. Group

To or more people who interact to accomplice individual or mutual

goods.

2. Family

3. Roles and Status

A person belongs to many groups family, club etc.

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Personal Factors:-

A buyer’s decision also are influenced by personal

characteristics such as the buyer’s age and life cycle stage, occupation,

economics situation, life style and personality and self concept.

Psychological Factors

1. Motivation

A need that is sufficiently pressing to direct the person to

seek satisfaction of the need.

2. Perception

The processes by which people select organize and interact

information to form a meaningful picture of the world.

3. Leaning

Changes in an individual behavior from experience.

4. Belief

A descriptive thought that a person holds about something.

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5. Attitude

A person’s consistently favorable or unfavorable evaluation

feelings and tendencies toward and object or idea.

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ELECTRONIC MEDIA: TV THE NEW GOLDEN

ERA

Television was introduced in India September 15, 1959, as a pilo project in Delhi. Two

one hour telecasts from a make shift studio in akashvani bhavan were transmitted. The

equipment had been gifted by UNESCO. But for year, no one was really aware that

television even existed in India.

In September 1959, a hazy vision appeared on the first wooden television set in Delhi.

The blurred vision was much clearer when it reappeared in 1965. it was in augest,1965

that a daily transmission was started in Delhi, but only in 1972 did television spread to

other parts of the country. By the early seventies, jallandar, Mumbai, Calcutta and

madras had TV stations. Most of the programmes were either film-based or transmitted

live from the studio. To be precise, TV started in Mumbai only in 1972. it was more than

13 years after it was launched in Delhi that television finally appeared in Mumbai. On 2nd

October, 1997, it was the silver jubilee of the TV in Mumbai.

Sunday feature films first caught the fancy of TV viewers in early seventies. the first

popular programmes using the outdoor broadcast vans (OBVs) were used to telecast

cricket matches, the R-Day parades and the independence day speech of the p.m.

Special facilities: magazines provide demographic and psychographic data of their

audience to the agencies/advertisers. Adversarial are offered. These incorporate editorial

matter on a particular theme say, foods, printing, and pharmaceuticals and so on. Ads are

interspersed in the editorial matter. These give an opportunity to advertisers of the same

and allied products to advertise in a focused manner. Magazines provide support in/ales

promotion contests.

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The 1967 election transmission was American Apple satellite was used for national TV

service in 1975. the most major milestone of TV transmission was crossed on Augest

15,1982 when TV went colour on the eve of the Asian games. Vasant sathe was the

information and broadcasting minister then. The winds of perestroika started blowing

across the living rooms of the tube watchers. National programme was started using

INSAT. Then came the Regional transmission. In 1984-85, TV spread everywhere with

almost a new transmitter being inaugurated everyday. It was said in the tighter vein that

Nehru was a visionary, shashtri a reversionary and indira Gandhi a televison. Commercial

TV was introduced way back in 1976, but took off only in 1983, with incident of highly

popular soap opera of manohar shyam joshi’s hum log. The 9pm daily fix for the nation

was provided by various serials. This was followed by highly successful mythological.

The year 1976-77 was a water-shed in the history of Indian advertising. It is in this year

that DD started accepting ads. It brought about a qualitative change in advertising.

The early TV ads were merely stills with voice-overs, or short versions of cinema ads.

The first TV ad was of topaz blade_’ still. Amongst the pioneering TV ads, we can count

the commercial of j & N paint, where models Dalip Tahil and Maya Alagh argued over

the shade for their bed-room. The first ad film to aired on DD was vichitra saree in 1982.

in mid-eighties, the memorable campaigns were Garden Sarees by mudra. We also

remember the Rasna campaign with punch-line ‘I love you Rasna.’ Initially, the choice of

the programme was limited to just three programmes a week- the Sunday evening film,

chitrahar and phool khile hai guishan gulshan. TV advertising brought many local brands

into national prominence e.g. nirma. After the soap opera hum log in 1983, many other

serials apparel on TV and TV offered a variety of programmes to Indian advertisers to

put their messages across.

Direct broadcast satellite (DBS) revolution hit the skies. In June 1981, a company called

network - associate of UTV pioneered cable TV in India. This was the true beginning of

the multi-channel revolution. First in the wake of the gulf war, it was CNN. It was in the

winter of 1991. Soon came on the scene star TV. Star stands for satellite transmission for

Asia Region. The globalization of Indian television had begun. From a single channels

(entertainment, music, sports, current affairs business, metro) from august 15, 1993. these

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were restructured into DD1,DD2,DD3 and the regional channels of DD4,DD5,DD6 from

February 1,1994. these channels will be receivable terrestrially also (without the dish) in

some select centers. DD started its own movies channel called movie club from 7 th April,

1995, at 9.00 pm. It is a satellite channel beamed from inset 2B.

Hundreds of communication satellites are now orbiting the earth inhabiting the narrow

belt known clarke’s belt,’ nearly 37000 kms above the equator in the geo-stationary orbit.

The growth of dish antennas to received the programmes has been dramatic- they have

shoot up from 7500 dishes to a sensational 50000 – plus as estimated by IMRB.

Since only 10 p.c. of the approximately 36 million TV sets in India are currently hooked

to the solidities cable distribution system, the potential for growth is tremendous. The

number of sets connected to dish is growing at 20 p.c. of area arc already covered are 46

million. By 2000 they will be 82 million. More and more people will be drawn to TV in

rural areas both terrestrially and through satellite in this decade. DD has 49 centers.

The union government has decided to lease out satellite TV channels to private parties. In

all 21 satellite ‘pay’ channels (on the lines of what STAR TV plans) will be leased. While

the modalities of the pay channels arc being worked out, the stage is set for the allotment

of time slots to private parties on the five new DD channels. The new DD channels are

telecasting 40 hours daily. The competition is honing up.

Prasar bharati ordinance has been promulgated in 1997. ii sets up a board, and frees the

electronic media from the government control substantially.

With one crore sets and 10 crore viewers in the rural area, the world has come to the very

heart of the Indian village. About 70 p.c. of villagers watch TV everyday, with a weekly

reach of 97 p.c. (DD survey on rural audiences). It is amazing to learn that rural floks also

watch English serials oshin on DD and Santa Barbara 4and the bold and the beautiful on

STAR. Satellite TV has reached village I Maharashtra, Gujarat, A.P., Punjab and goa. In

villages, 36 p.c. of sets are owned by farmers and equal number by those in the services

sector. There are many community sets. Punjab tops the states with 100 p.c. national

coverage while MP has lowest with 72 p.c. Regional coverage is highest in Delhi (98

p.c.) and lowest in Bihar (71p.c.) Punjab has the highest rural TV household and Bihar

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has the lowest. MP has the highest percentage of B&W sets, while kerala has the lowest.

B&W sets still predominate rural areas (except in kerala).

TV has made the people to realize that there is a world outside India. Even rural floks and

maid servants have realized that there is a luxurious world beyond, peopled by

sophisticated blondes and suave lover- boys. Through the RBC brunette with her Queen’s

English, we learn about things our medium has taken great care to suppress. As Masood

observes, ‘sky invasion is at last making India an adult’

DD has started a 24-hour news channel, DD world channel, and DD sports channel. DD

also has a separated Movie channel.

Ad firms have welcomed the growth of TV as a medium. More and more budget is being

allocated to TV. Advertisers spend almost Rs.1,200 crores per annum on TV. By the

2000, advertsing revenue on TV will grow to RS. 3,000 crores. DD’s revenue from

advertising was RS. 430 crores in 1995-96, and is likely to touch RS. 500 crores in 1996-

97. Many companies spend almost 40 p.c. of their advertising budget on TV advertsing. It

was observed that in the financial year approximately 10p.c. of TV ad revenue had come

as a result of diversion from the print medium. In future the advertising budget on TV of

all companies will be almost 60p.c. TV sells its advertising time in terms of 10 –second

spots and as free commercial time along with the sponsored programme TV as an

advertsing medium, as a mass communication medium promoting various genres of

software like soap operas, talk show and music shows has become a new golden goose.

Mahatma Gandhi when he first went into as AIR station was so impressed by the

possiblilities of broadcasting that the remarked: “here is shakti.” To others radio and TV

are not shakti or saraswathi so much as lakshrni. Roy Thomson described a TV franchise

as a license to print one’s money. It encourages crative talents in diverse fields to

flourish- TV journalism, comparing, cinematography, editing, direction, acting,

modeling, fashion, advertsing etc.

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TV versus other media

The ad revenue has increased from RS. 1,504 crores in 1991 to an expected Rs. 3,300

crores in 1995. This is due to satellite TV, and the availability of foreign brands. The

value of ads in press have grown up by about Rs. 800 crore (from Rs. 1142 crore in 1991)

However, the share of the print medium in total ad revenue has fallen from about 70 to

under 60 p.c.

Television has been the single biggest factor in opening up a huge rural market for

consumer products and creating a higher level of aspiration among the huge Indian

middle class estimated at over 150 million people.

Ads of low-priced consumer products formed 20 p.c. of print medium’s advertisements.

This segment is fast shifting to TV.

DD’s ad revenue grew by an average 62.5 p.c. over a period of 8 years, bringing it to

Rs.361 crores in 1992-93. Since 1993-94 the satellite TV ate up DD’s revenue and it

could reach only Rs.371 crore, with an increase of 2 percent. The satellite channels grew

by about 50 p.c. to Rs.180 crore, a twelve times increase from Rs. 15 crore in 1992. this

is expected to reach Rs. 300 crore by 1995.

The broadcasting compaines have organized themselves under the banner of the Indian

Broadcasting Society on the lines of the Indian Newspaper Society (INS).

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Merits and demerits of TV advertising

First let us consider some special characteristics of commercial TV.

Here on national network the advertisers reach the national mark. On second channel they

reach the regional market on satellite channels they reach markets of several countries

TV is a home and family medium. Viewing on TV effortless. There is a movement, and

so the product is close to reality.

For example, an aircraft acquires a beauty not seen when flying above in the sky or static

as in print ads. The expression of Ankita Jhaveri, the child model Rasana ad signifies

that Rasna is very delicious. Malavika really conveyed what Frooti is all about in her

rustic outfit. In India also, we get now viewer ship data and ratings of different

programmes.

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Special merits of TV

TV has immense impact (no other medium can ever compete TV as far as effective

presentation, is concerned. It attracts attention immediately. Computer graphics has made

it still more effective. It arouses interest in the produce print ads, these two steps require

deliberation. Here it comes spontaneously TV commercials and Spondered program are

impactive even when the viewer is temporarily not before the set.

Excellent Quality of Production TV’s sponsored programmes and DD programmes have

been improving in terms of quality- content wise as well as production wise consistently

over a period of time. The agency exercises overall supervision. We have cadre of TV

producers now. Sometimes the movie moghuls themselves produce a TV serial (e.g.,

sagar produced Raniayana and B.R Chopra the Mahabharat). So skilled hands handle

this medium. Some Sponsored programmes are lavishly made. They do a lot of outdoor

shooting. But most of the programmes are indoor shot programmes.

Familiar, Friendly Voices: Here the models are all familier and their presence is

reassuring. The audience likes the face, and welcomes it. We thus see Karan lund, Maya

Alagh, Malavika, Suchitra Krinshnamurthy, Kavita Chowdhary (lalitaji) Kittoo

(Kaushalya) Gidwani, juhi Chawla after all, it is an entertainment medium. The model

attracts attention in his or her own right. It adds to our pleasure. This is a distinct

adventage of TV.

Retailers also watch TV: Both consumers and distributors are TV viewers. The retailers

might miss out the ads in print media. But they are exposed to TV ads. Thus they fell

inclined to stock these products. Nand Kishore Khanna & Sons, a local firm making

Homacol liquid soap has definitely improved its distribution after TV- 47 – advertising.

The single medium does a double job.

It is a comprehensive Technique: In TV, there is a unique blend of sight, colour,

movement, sound, timing, repetition and presentation in the home. Put together it has

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more attributes than any other medium. It, therefore, produces quick results. Only the

product should be a nationally marketed Consumer product.

Evocation of Experience It stimulates the experience of using and owning the product.

Demonstration: Product benefits can be shown most effectively by TV. Benefits may

accrue over a period of time. But by using the technique of time compression product

benefits can be shown in a 10- second spot.

Creative use of Environment and Menial Make-up of Viewers: The editorial

environtment of a Sponsored programme can be creatively used to produce a commercial

e.g., circus artistes can be shown using ACTION shoes before the teleserial of CIRCUS.

Animation: It is possible to vest the product/logo with human qualities. Animated

characters do not alienate us.

Image Building: TV succeeds in building a powerful image of the Company and its

products. It can also project an image of the users rendering it excellent for life-style

advertising.

Emotional content : TV triggers off nostalgia, tenderness, generosity kindness and such

other emotions. The special effects enhance the impact.

You have to be extremely genuine on TV. The slightest- on is easily captured on the

Camera – Amin Sayazii while speaking to Alyque in Dream Merchants.

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Special demerits of TV ads

Ii lakes time to produce commercials and sponsored programme-:

This medium requires planning and deliberation. The consent for sponsorship is hard to

come by. It lacks the flexibility of press and radio. If not right produced, the ads look

very crude. But once produced as per our: requirements, these ads can be repeated over a

period of time.

It is a transient medium: here the commercial flickers for a few seconds and goes off the

air. We work over hard with insistent jingles and repeated sales message. sometimes, the

commercial flickers for a few seconds and goes off the air. We work over hard with

insistent jingles and repeated sales message. Sometimes, the commercial is repeated

frequently. TV ads alone may not be sufficient. They need supportive ads in other media.

More than one or two spots are necessary to be as noticeable as one insertion in print.

Time gap to purchasing. If TV advertisement sinks into the mind, it is okay. But

otherwise, a mind that is well prepared for buying a certain product cannot do SO

immediately because there is a night to go by and only next morning the action can be

taken. By that time, we might not have kept the product in mind.

The ‘buy now’ pressure exerted on the TV viewers is totally wasted because the stimulus

is often lost by the following morning. This is one of the reasons why TV needs a very

high frequency to sustain the impact.

An immobile medium: radio can be listened to either in a car or while walking. New are

read in locals, in offices and at many other locations. Right now, TV is watched only at

home. It requires a captive audience. It penetrates the home. This is an advantage as well

as a disadvantage.

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Difficult to gain enquiries: TV restricts itself to typical purchases. Detailed enquiries

cannot come. It is difficult to note either the telephone number or the address.

Another major problem is that too much is compressed in a TV commercial lasting for a

few seconds. It is a digest, and is easily assimilated and absorbed. At first viewing, there

is novelty. But on absorption this wears oft on repeated. Viewing, it becomes if we can

serialize a commercial it is better to produce several less ambitious films than to produce

one super produce several less ambitious films than to produce one super production.

Slight changes make all the difference in results.

Time constraint: in a few seconds, we can put forward only one selling proposition.

Production costs: cost of producing a commercial is high as compared to costs of the

print production. The paying capacity of the client, the prevailing rates in the market, the

nature of the product, and the commercial values of the programme that accompanies the

commercial determine the final production cost.

Hardware capability: the TV set of the viewer and its technical capability determine the

overall impact of the commercial. Cinema can afford the luxury of long shots, but not a

TV commercial. All commercials should be tested in real-life situations, mostly on

portable B&W sets. The colour reproduction is controlled in print media, but on colour

TV set itself determines the colour reproduction.

Statutory controls: TV commercials have to conform (to a broadcast code strictly.

Fragmentation of audiences: all channels have a diversity of programmes to attract

viewers. They intend to penetrate the viewers of other’ channels by a diverse programme

mix. This channel penetration at the same time gives programme options. This naturally

leads to fragmentation of audiences and lower regularities of viewer ship. It is difficult to

convey a message in such a situation. It can prove a blessing in disguise for the print

media. The relationship with TV is extremely with TV is extremely flirtious.

Effect of clutter: the viewer ship of ‘a commercial is less than the viewer ship of the

programme which accompanies them. The lengthier the chain of commercials, the less is

the viewer ship. Several studies in India have shown that the total audience for

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commercial for an average TV programme is substantially lower than that of the

programme, sometimes below over 50 percent. The figure is further eroded due to a large

passive audience of the total commercial audience. The duration of a commercial does

not seem to play a significant role in brand name recall. Top rate programmes on any

channel have high commercial clutter leading to poor ad recall.

TV transmission and Reception:

TV brings us images from far and wide. A TV camera converts a stream of pictures into

electrical waves, which are received by our TV set where these are again reconverted into

pictures. The whole transmission is so fast that we see the events as they happen. The TV

camera scans a picture from left to right as lines. These optical pictures are projected on

to the target screen inside the TV camera. The screen is made up of cells of care cesium.

A needle – sharp beam is emitted through an electric gun. The beam sweeps the target

screen. In the process is comparable to reading. This is called scanning, as observed

earlier. The cells are then electrically charged. The charge is strong when the cell is in the

light part of the picture, and weak when it is in the dark part. These charges form

electromagnetic impulses.

As TV is audiovisual, we have to use a microphone which converts sound into electricity.

Both audio and video waves spread outward in straight lines. As the earth is curved,

terrestrial transmission is possible over a larger area by putting many transmitters and

aerials. A transmitter sends continuous electro magnetic waves. These continuous waves

is called a carrier wave. It is of high frequency (in other words it alternates rapidly). Its

pattern is constant. The picture worm and carrier wave pass through a modulator which

super-imposes pictures on the carrier wave. Another carrier wave is that of the sound. Its

wave length is not the same as that of cable-lines on land. Across the oceans, pictures are

sent by a satellite link.

Receiving TV signals at home is exactly the reverse process. The antenna collects the

signals both audio and video. In the TV set, they are taken from their carrier waves and

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amplified. The sound impulses go to the loud speakers. The picture signals activate a thin

electron beam of varying strength. When the beam strikes the screen, the tiny dots glow,

and trace the lines from left to right. Some 30 pictures every second appear rapidly. It

gives the illusion of motion.

In colour TV, three basic colours are used. They are red, blue and green. The light is spilt

up into these colours in TV camera by a set of prismatic mirrors. They separate out the

colours and send them to its own electron gun with its own target plate. The dark-light

information is sent by each target plate but it combined when passed to the carrier wave.

In our TV set, the dc-coder separates these colours signals, and leads each to its own

electric beam housed in a single tube. The screen carrier the grid of phosphoric dots

arranged ii; group of three; red, blue and green. The perforated mask receives the beams.

The beams are directed by the mask through different angles. In this way, they activate

one of the three colours.

Satellite television

India is a pioneering country in satellite TV. Rura programmes were beamed

experimentally by satellite TV in the seventies. India successfully scattered images over

formidable distances using a satellite transponder. The seeds for a new technology were

sown. The agency which conducted this experiment was ISRO: Indian space research

organization. People who persuaded indira Gandhi were not politicians or advertisers or

bureaucrats but our space scientists- vikram sarabhai, yash pal, E.V. chitins and their

team. They launched satellite instructional television experiment called SITE. It used a

communicators, intelligence agencies and scientists. The experiment of STV faded out in

India. The world took over where India had left off. What India did in the seventies

became a communication revolution later.

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Satellite T.V.Transmission

By 2000, the satellite channels available for us on a global basis would be 500. Thanks to

new digital technology, with a small four-foot dish antenna, programmes can be beamed

all over India. The dish can be made in India, and will retail for Rs.5, 000.

Uplinking from indira: as a policy decision, the government has decided to allow Indian

satellite channels to uplink from India since June, 1998. VSNL has already uplinked six

Indian channels six Indian channels out of their gate-way at Chennai. VSNL has plans to

set up five dedicated earth stations for TV uplinking. These stations will be at Chennai,

dehradun, Delhi, Mumbai and Hyderabad. Delhi and Mumbai will be operational in 1998,

and Hyderabad and dehradun in 1999. Until recently, TV broadcasters from India had to

rely on foreign uplinking facilities offered by centers in Singapore, bankok and

hongkong. It was too cumbersome to transport the programme tapes. VSNL changes a

reasonable fee of Rs. 6 lacs per month for uplinking. Uplinking will become free for all

by 2004, as per WTO agreement.

We shall now acquaint ourselves with a few important satellite channels in India.

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STAR TV (satellite Transmission for Asian Region)

Li ka shing who is based in Hong Kong set up the parent company Cheung Kong (Long

River) some forty years ago. Now li’s empire consists of over 100 companies. Hutchison

whampoa conglomerate is owned by Li through Cheung Kong. Hutchison ran the star TV

channels. It is S 3 billion conglomerate (it has sold star TV to Australian publisher Rupert

Murdoch in July 1993. star TV is beamed from Hong Kong to 38 countries (including

India) and has a view ship) of 40 million in less than two years. Till 1992 and his younger

son Richard had big plans for the satellite network. The deal with Murdoch brings $525

million. Murdoch puts star’s worth at $800. Since Li has put S 100 million in star, the

valuation has meant 600 p.c. profits for him. Li’s biggest asset been this uncanny knack

to scan the environment and exploit the opportunities. Li has 1987 initiated the process of

disinvestment before any signs of trouble. The star TV deal proves this aspect of Li.

Rupert Murdoch has purchased 63.6 per cent stake in hutch vision, star TV’s parent for S

525 million. Murdoch already owns the English BSKYB and the American broadcasting

companies. Star TV wants to bring in subscription TV in India. (Called pay channels).

STAR started as an up market English channel. In April 2000, its flagship channel start

plus has gone totally Hindi. It had already become half-Hindi.

Gary Davey as the STAR’S M.D. streamline its operation is. In july 1995, Murdoch has

bought another 26.4 per cent stake from Hutchinson for US $346.60 million. The total

benefit that accrued to the Li family is some S 8.71 million against an initial investment

of US $ 90 million. Murdoch now owns 100 per cent equity of STAR TV.

It is a pan- Asian satellite network broadcasting five 24-hour TV channels to 38 countries

stretching from Japan to Middle East and from common wealth of independent states to

Indonesia. It has witnessed an unprecedented growth of 279% in just one year. It brings

almost 200 million people in over 42 million households across Asia. (Survey by frank

small associates, November.1993).

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The aim of STAR is to raise the bench mark of popular entertainment. It will soon have a

deluge of new programmes – saher, darr, deewarein, sinsinati bubla boo, life nahin hain

Asana.

STAR TV’s service in India includes: STAR sports, channel (v), star plus, STAR news,

STAR movies and STAR world. STAR TV has started Hindi transmission from 21st

October 1996. a part from popular soap operas and other serials, STAR has also started

broadcasting English and Hindi news bulletins from 21st October 1996. STAR roped in

amitabh bachhan to anchor its quiz show kaun banega crorepati and the programmer’s

TRP has pushed STAR in the first place amongst the satellite channels. It’s two other

programmes ghar ghar ki and kyunki saas bhi kabhi bahu thi also keep the viewers spell-

bound STAR gold, a new channel started recently shows classic Hindi Movies of yester

years.

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ZEETV

It was launched on October 1st, 1992. Eight years after they at Zee TV pioneered the idea of Hindi

satellite television, there is no doubting the fact that they have a good thing going. It is an integral

part of the Essel group promoted by subhaschandra goyal. Zee TV films, a listed company, is the

exclusive supplier of programming software in the Hong Kong based Asia today ltd. Which runs

zee. Zee has a bouquest of channels such as lee cinema for Hindi movies, lee MGM for English

movies, zee English, zee news, zee music and several regional channels like apha TV Marathi,

Gujarati, Punjabi, Bengali etc. zee’s Marathi channel was started on 15 th august 1999. It has now

a viewer ship of 90 million people.

EL TV (Zee India TV) (zee news channel)

EL TV started off on dec.4, 1994 as a two-hour free to air channel by April, 1994, it

became a four hour channel. It shares a conium transponder with sister channel, zee

cinema the channel’s target audiei is the iltclligcjit, evolved thinking signets of the

pwardly fll obil population however there were progarl),) for other segment too. Prograj

like Purus 1 kshetra were) as siflg is being beanie from Asisat I and the quality oz

transmission and reception is encourage relationship the channel organized two mega

contests. One kg of gold was on offer. The program specific ques (Io, 15 were to be

answered. A slogan was to be made. Another contest offered 1000 for the winner and

mater 800 for the cable operator as prizes. Both Zee and EL were complainant channels.

When soap opera was being aired on Zee, A talk show was being aired on EL, and Versa.

The total universe of viewers ‘as thus baqadened from 1st April, 1996 EL TV started

round-the-clock telecast. EL TV has now been made a rechstened as Zee india TV.

Recently it is made a hour zee news channel.

Zee TV has gone public to raise more ands. At the moment, Zee has limited its

advertising to only exporters as per RBI directive dated July 9,1993 whereby only an

advertiser whose export canings are more than Rs.10 lacs in each of the preceding two

years could advertise on satellite TV. Murdoch has since then taken over 49.9 p.c. equity

of Zee TV. Since then, Zee has become independent by repurchasing the stake. Zee’s

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contribution is that it has lent a touch of maturity to the Indian TV scene. This maturity is

defined in of the choice given to the viewer zee emphathjses with the viewers in their

language and at their level zee cinema has started on April 9, 1995. Though jam TV and

ATN came before Zee TV, Zec was first successful satellite channel. It was really the

first channel to of the competition to DID. They have a diversity of software like business

stories, social issues, entertainment soap operas and film- based program it cuts across all

parameters and is thus a better option for marketing Zee, however, buys program

completely the producer has no stake in the programe.

Zee is in the process of building multiple brands, each with its own distinct identity. Its

new channels are meant for dot.com generation Zee wants to go global. Zee English has

struck deals with global entertainment giants to UT together 3000 hours of original

programming in the next one year, Zee plans to launch 8-10 new channels, and in another

two years, it intends to offer a bouquet of 24-30 channels.

Recently, it is facing stiff competition from both STAR and Sony. In response to STAR’s

Anli (abh anchored quiz show, zee has started sawal dus crore ka initially hosted by

anupam kher and manisha koirala, But its impact is yet to be felt.

News channels

CNN, NBS Super channel and Euronews arc the news channels in Europe. In 1995,

I3I3C world and European I3usincss news joined these channels. All these five channels

arc competing for a share of roughly 100 millions pounds ad-sper-d on pan –European

satellite TV. ERN is a joint vcr.t~:re between Dow jones and flextech (which is

controlled by US cable operator, TCI). I3BC world is financially supported by pearson

and Cox Communications. All these channels have distinct programme slants and

identities. EBN is a business channel for the MTV generation. Since business TV lacks

visual impact, enough use of graphics and freshness of prcsntatn for. WBC proposes to

lunch CNI3C – a ~lobal business channel. BBC world is revamped version of world

service TV. It has a mix of news, documentaries, current affairs and magazine

programmes CNN is the main rival of BBC. CNN has strengthened its business coverage

and has reduced its American slant.

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DD produces 13 news bulletins but has only four edit suites. NDTV has 15 edit suites.

BBC world has 45 edit suites. Aaj Tak has 15 camera terms, NDTV has 30 camera teams,

and ANI has 50 teams. Foreign television team are equipped with satellite news gathering

systems (SNG) consisting of portable earth station which can fit into a medium-sized

suit-case and be looked to a satellite transponder so that the story can go live into the

news. One SNG costs RS. 9 crores. Star has started a 24- hour STAR NEWS channels. It

is an NDTV effort. Zee has started a 24-hour zee news channel.

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HDTV (HIGH DEFINATION TV) HOWEVER IN FUTURE MAY GIVE THE SAME

SHARPNESS and clarity which 35 mm films give today. TV screen produces Images

which are dos actually. The closely spaced dots produce a finer Grained picture.

Definition is used in the sense of resolution. In low definition system as of today. The

dots merge with each other. Americans use 525 lines on Screen, and cameras used to

produce a t programmer are those used to Produce 35 mm films. It results into superior

quality of programs. I~hc Japanese are perfecting a system that used 1 1 25 horizontal

lines which gives a picture letter in a sense even than film. 1-IDTV also facilitates the

introduction of special effects. High and low definition are Relative terms even today a

direct broadcast on TV is better in resolution Then one received through a VCR. In fact

we can afford VCRs at the cost of better resolution there are situation in which high

definition is cruial- a picture in motion requires higher resolution. It is useful for

telecasting sports Events. In science education, high definition diagrams are more

relevant (e.g., surgical operation) since a TV image is produced by scanning the original

picture in Horizontal lines, the more the lines the better is the better is the definition. On

increase Dearth of English mover, being screened in India, star M~vj~5has made a Dent

in the market. Recent~y, a new movie channel HBO has been Lauflcied in India. Zee

cinema however has the teething problems. Zee Tv siti cable and hinduja’s in channels

are the net companioes demand a Fee for caring the satellite channel signals. These

networking channel s Distribute the satellite channels and also show one or two local

channals Of their own. Local channels have higher TRPratings. Thecapecity of The

channels to attract the viewers~TRP ratings)ultimately determines its Success. The

viewer ship is a function of the programming mix,Transmission, and distribution of the

channel.

NBC is now on air in india with a 4-hour information and broadcasting channel. NBC has

actually invelited television broadcasting back in 1926, and it has pioneered colour

transmission. NBC is the first all-digital channel CNBC is the world’s first 4-hour global

business and financial F1C/VS network in india, we receive CNBC – india transmission.

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Career Opportunities in IV

The boom in TV media has thrown open vast employment

opportunities. According to industry estimates, currently in this industry in Mumbai

alone directly or indirectly two lac people are employed, When five years

back there were only 50,000 people. The all-India Estimate of employment in TV

industry is 3 lac plus people. Each shows employees 20-60 people. There is

naturally a dearth of people to hire for Careers ranging from writing to directing.

The biggest employers are the TV channels and the production houses.

TV is a young medium the median age at zee TV is 23, and at UTV and plus

channel 27.

TV as a medium of future

Though both TV and films are audio-visual media. TV technology is Dolt~~t from

that of films electronic signals are transmitted at the Speed of ligh~ and they reach

right into our homes. Cinema however uses films. These require development and

physical distribution of Prints. One major advantage of cinema is the quality of prices

it produces. TV however has not matched cinema yet in picture quality, Though its

timeliness Scores over the cinema.

HDTV (high definition TV) however in future may give the same sharpness and

clarity which 35 mm films give today. TV screen produces images which are dots

actually. The closely spaced dots produce a finer grained picture.

Deification is used in the sense of resolution. In low definition system as of today, the

dots merge with each other. Americans use 525 lines on screen, and cameras used to

produce a T programme are those used to produce 35 mm films. It results into

superior quality of programmes.

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Career Opportunities in IV

The boom in TV media has thrown open vast employment

opportunities. According to industry estimates, currently in this industry in Mumbai alone

directly or indirectly two lac people are employed, when five years back there were only

50,000 people. The all-india estimate of employment in TV industry is 3 lac plus people.

Each show employs 20-60 people. There is naturally a dearth of people to hire for careers

ranging from writing to directing. The biggest employers are the TV channels and the

production houses.

TV is a young medium the median age at Zee TV is 23, and at UTV and plus channel 27.

TV as a medium of future

Though both TV and films are audio-visual media, TV technology is d1~tI~~t from that

of film electronic signals are transmitted at the speed of ligh~ and they reach right into

our homes. Cinema however uses films. These require developmentand physical

distribution of prints. One major advantages of cinema is the qulity of prices it produces.

TV however has not matched cinema yet in picture quality, Though its timeliness Scores

over the cinema.

HDTV (high definition TV) however in future may give the same sharpness and clarity

which 35 mm films give today. TV screen produces images which are dots actually. The

closely spaced dots produce a finer grained picture.

Deification is used in the sense of resolution. In low definition system as of today, the

dots merge with each other. Americans use 525 lines on screen, and cameras used to

produce a T programme are those used to produce 35 mm films. It results into superior

quality of programmes. ‘I~hc Japanese are perfecting a system that used 1 1 25 horizontal

lines which gives a picture letter in a sense even than film. 1-IDTV also facilitates the

introduction of special effects. High and low definitions are relative terms even today a

direct broadcast on TV is better in resolution than one received through a VCR. In fact

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we afford VCRs at the cost of better resolution. There are situations in which high

definition is crucial- a picture in motion requires higher resolution. It is useful for

telecasting sports events. In science education, high defition diagrams for more relevant

(e.g., surgical operation).

Since a TV image is produced by scanning the original picture in horizontal lines, the

more the lines the better is the definition. On increase in lines, the channel width

increases more than proportionately. (6-7 MHz presently, 25-30 MHz in HDTV).

Transmission in such bandwidth is impossible, till we operate in the satellite TV bands of

12000 MHz and 23000 MHz (as against the present 60-230 MHz).

The present day TV stations and sets cannot be changed over. Immediately to HDTV. In

the meantime, I-IDTV hardware can be. Exploited by feature film producers. Maybe, the

future projectors will use HD projectors. It may become possible to broad cast one master

tape from a satellite to several thousand theatres (bypassing the problem of distribution).

Future of television

1. Right now TV seems to have taken firm roots, but we cannot ignore the fact that TV

technology may soon become obsolete.

2. TV audience is not homogeneous and to put it rhetorically they are not couch potatoes.

They have little in common except some universal traits. These traits are appealed by the

lowest common denominator. It makes TV worse as a medium. Computer network

respond to diversity of the human beings. TV broadcasts are top-to bottom. Computer

network interaction is peer-to-peer. There is no limit to the channels available in

computer network – as many machines as are linked in network are available for

interaction. The viewer is the king rather than the transmitting station. TV as of today is

an affront to human nature. The death is inherent therefore in its very nature. Right now,

costs may not favour compuer networks. Soon however chips conaing billions of

transistors will be available for less than $ 100. Besides this, scarce realms of the radio

frequency – spectrum will open up possibilities of cheaper communication. Micro wave

cells using a protocol called code division multiple access can use the entire radio

frequency. These can be used for TV broadcasts or computer networks. Both TV and

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telephone were designed for a scarce band-width. When there is abundant band-width,

the system of a few hundred/thousand transmitters serving million of TV sets will fall.

TV will have to change to digital computer network.

Digital electronics: the two key words are microcosan – a series of linked transistors on

single chips leading to n2 gains in computer efficiency and telecom – computer linked

together gives cost-effective system. In today’s conventional system, a new telephone or

TV set burdens the system without increasing the technical power of the system. In

computer network, each new addition becomes a resource – it expands its capabilities and

potential baiia-width. The larger the network, the more powerful and efficient it becomes.

Descendant of TV: it will be a telecomputer. The digital data will be stored and

forwarded in millions of such TCs. A film/file can be summoned or sent. Similarly we

can have access to any news story, clip, co~’rses, catalogues – anywhere in the world. It

will be a world without cianr&~. IC will render TV irrelevant. We shall get tailor-made

what we want, at the time we want it. Every IC terminal will have the power of a bradcast

station of today. IC can be used to travel around the world, to take courses, to conduct

transactions. It will have its software.

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MILES SONES OF A GLOBAL VILLAGE

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TERRESTRIAL TRANSMISSION OF TV

DIRECT BROADCAST SATELLITE (DBS) MULTI-CHANNEL TV

MULTI-MEDIA SET COMPTER DATABASE, PAY TV, FM BRODCASTS

FIBRE OPTICS INTEGRATED SWITCHING DIGITAL NETWORKING (ISDN)

HIGH DEFINITION TV (HDTV)

TV LIKE WALL TILES USES LCDS OR LEDS

INTERACTIVE DIFITAL TV

VIRTUAL REALITY LASER IMAGES WITHOUT SCREEN

3-D TV, TV ON GLASSES

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Direct – To – Home (DTH) broadcast

Sutlej~ channels are now received by cable connec~ jo1~ from a

cable operator the future broadcast system is going to be direct- to home bypassing the

cable operator it will bring satellite channels direct to our homes through a small

individual dish anten, ia that can be put on DIR ransniissio; I being digital will be pf

better quality than the present analog tie transnhissjozi of the cable operator. TV channels

are negating presently with several satellite companies by employing their transponders

for ku-band transmission this will make a DIR piatfo~ available to them. DD itself is

ahead in the race, and has signed on MOU with Malayiti S2tclljte provider neas to launch

a DTH platfon~ STAR TV is exploring the Possibility of iaulieiiiig DIR. Zee has with

thiacom3 for the puqose other.

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SCRAMBLED

SIGNALS

RADIO FREQUENCY

CARRIER WAVE

CABLE CABLE

SMART CARD FOR

UNSCRAMBLING THE

ENCRYPTED SIGNALS

BPCBA/TY/GP/2008-09 - 82 -

ANALOGUE SIGNAL SOURCE e.g. CAMERA, DISK, TAPE SERVER

DIGITAL CONVERSION ENCIDER

CONDITIONAL ACCESS

MULTIPLEXER SINGLE BIT STREAM

MODULATOR

SUBSCRIBER MANAGEMENT

EARTH STATION

UP LINKING TO A TRNSPONDER OF

SATELLITE

INTERGRATED RECEIVER UNIT (IRD)

HI-FI SET PC

TV SET SMALL DISH ANTENNA FOR DTH RECEPTION

TELEPHONE

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Channels will join this race too once the platform is launched. Satellites in future will

have ku-band transponders. Our Insat – 2E will have two ku band transponders. There are

moves to organize DTH marketing and distribution of pay channels will be possible.

DTH will offer a large range of channels by digital compression technique, where each

transponder will be able to accommodate 6-8 channels. They right now accommodate one

channel only in the analogue system. A single DTH however, is a capital intensive

venture. One who raises the platform will have to commit at least 200 million. Even

subscribers will have to spend for least rs.40000. In addition, there are monthly

subscription fees of Rs. 150-300 a channel. The system can become viable in the long

run, as the hardware rates tend to fall down in this line. IRD has come dome in the US

market from 600 to 200 In India. It will usher us into the 21st century. The cabinet has

recently taken a decision to allow DTH in India.

TV’s Effect

TV affects the behavior its effects were debatable since most of the studies so far

conducted are laboratory swdies consisting of experiments but their findings contra, field

studies. TV is considered a prime suspect playground behavior it is often quoted as

evidence of the adverse effects of TV. Research does point out some advertise effects but

poil~ ts out a host of causes for this, and refuses to isolate TV. Some people argue if TV

can persuade us to buy products by airing commercials it can affect us in many other

ways too. However selling products does not necessarily mean changing behavior

fundamentality TV has become a whipping boy f a society that fails to address to ~

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NDTV

About delhi television ltd. (NDTV Ltd.), founded in 1988, is india’s first and largest

private producer of news, current affairs and and entertainment television. NDTV is

home to the country’s best and brightest reporters, anchors and producers; 23 officers and

studios across the country host india’s most modern and sophisticated production and

newsgathering facilities.

As an organization, NDTV is totally committed to one cause: to use its extensive

expertise, experience, technology, and reach to creat unparalleled coverage of the latest in

domestic and international news and entertainment for viewers at home and around the

world.

On April 14th, 2003, NDTV simultaneously launched two 24-hour news channels, NDTV

24x7 in English, and NDTV India in Hindi, which targets the Indian Diaspora across the

world.

On January 17th, 2005, NDTV launched NDTV profit – a 24 hour business plus channel.

Business highlights

this year was significant for NDTV. The company has raised the bar of growth several

times and outlined a vision to build a global business.

NDTV networks, a 100% subsidiary of NDTV was incorporated to seize opportunities in

areas “beyond news”- entertainment, lifestyle, media technology and outsourcing.

BPCBA/TY/GP/2008-09 - 84 -

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NDTV imagine has been incorporated to spearhead the group’s foray into the biggest and

most profitable section of television – mass entertainment. Starting with general

entertainment, the company will expand into movies, regional youth and kids

programming. NDTV life will capitalize on the retail and consumer boom by providing

an up-market lifestyle channel for the global urban Indian – with world – class shows on

fashion, food, travel and luxury.

The initial global portfolio of television channel includes the highly successful Astro

Awani in Indonesia, a soon to be launched channel in Malaysia and another in the Middle

East. Other Asian and African countries will follow.

The focus of the company from now is on the “triple play”. NDTV convergence will

exploit the synergies between television, internet and mobile. Its core advantage is the

distinct content it draws from the NDTV channel of bouquets, to built robust TV-online

synergies and powerful web 2.0 communities.

Another arm of NDTV networks is NDTV labs; whish has been developing top quality

media software and technology for captive use. This is now being globally marketed and

commercially exploited. In the outsourcing space, the join venture company NGEN

media firms in areas of post production services and digital asset management.

These and other plans to take the NDTV brand global are being rolled out aggressively.

Mission

NEW DELHI TELEVISION

BPCBA/TY/GP/2008-09 - 85 -

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CURRENT

VALUE (RS)

CHANGE

(RS)

PERCENTAGE

(%)

VOLUME MARKET CAP

RS.(CR.)

BSE 378.2 -1.9 -0.4999 31985 2364.66

NSE 378.55 -0.7 -0.1846 129615 2366.85

To help consumer build wealth by providing them with high-quality, low-cost, easy to

use and reliable investment services.

In order to increase its presence in the international market, English news channel NDTV

24x7 will be available on sky platform in UK and DirecTV, the largest direct to home

service provider in US.

According to dr. prannoy roy, chairman NDTV. “we are very pleased to partner with both

sky and directTV, the largest DTH players in the UK and US. There has been a constant

demand for NDTV 24x7 from many Indians living there, who in fact the largest single

group are accessing group our website NDTV.com. we hope that NDTV 24x7 will be an

important source of information for American and british viewers and fill a gap in those

market.

The sky platform reaches out to 7.8 million homes while the current reach of direcTV is

pegged at 15 million homes.

In a statement mr. aaron mcnally, vice president, direcTV is responding to the raoid

growth of the south asian community in the US by delivering a robust line up of

programming that is relevant to their culture. We are delighted to partner with NDTV to

provide our south asian customer with even more complling and innovative

programming.”

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With these tie-ups NDTV’s global presence will now extend to all key regions across the

world-the middle east, Europe, south Africa, the UK and the US. Shortly thereafter,

NDTV plans on launching in Canada as well.

After entertainment channels, news channels seem to be tapping the international

audience.

BPCBA/TY/GP/2008-09 - 87 -

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NDTV

About Delhi television ltd. (NDTV Ltd.), founded in 1988, is India’s first and

largest private producer of news, current affairs and entertainment television.

NDTV is home to the country’s best and brightest reporters, anchors and

producers; 23 officers and studios across the country host India’s most modern

and sophisticated production and newsgathering facilities.

As an organization, NDTV is totally committed to one cause: to use its extensive

expertise, experience, technology, and reach to create unparalleled coverage of the latest

in domestic and international news and entertainment for viewers at home and around the

world.

On April 14th, 2003, NDTV simultaneously launched two 24-hour news channels, NDTV

24x7 in English, and NDTV India in Hindi, which targets the Indian Diaspora across the

world.

On January 17th, 2005, NDTV launched NDTV profit – a 24 hour business plus channel.

¤ Business highlights

This year was significant for NDTV. The company has raised the bar of growth several

times and outlined a vision to build a global business.

NDTV networks, a 100% subsidiary of NDTV was incorporated to seize opportunities in

areas “beyond news”- entertainment, lifestyle, media technology and outsourcing.

NDTV imagine has been incorporated to spearhead the group’s foray into the biggest and

most profitable section of television – mass entertainment. Starting with general

entertainment, the company will expand into movies, regional youth and kids

BPCBA/TY/GP/2008-09 - 88 -

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programming. NDTV life will capitalize on the retail and consumer boom by providing

an up-market lifestyle channel for the global urban Indian – with world – class shows on

fashion, food, travel and luxury.

The initial global portfolio of television channel includes the highly successful Astro

Awani in Indonesia, a soon to be launched channel in Malaysia and another in the Middle

East. Other Asian and African countries will follow.

The focus of the company from now is on the “triple play”. NDTV convergence will

exploit the synergies between television, internet and mobile. Its core advantage is the

distinct content it draws from the NDTV channel of bouquets, to built robust TV-online

synergies and powerful web 2.0 communities.

Another arm of NDTV networks is NDTV labs; whish has been developing top quality

media software and technology for captive use. This is now being globally marketed and

commercially exploited. In the outsourcing space, the join venture company NGEN

media firms in areas of post production services and digital asset management.

These and other plans to take the NDTV brand global are being rolled out aggressively.

BPCBA/TY/GP/2008-09 - 89 -

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¤ Mission

NEW DELHI TELEVISION

CURRENT

VALUE (RS)

CHANGE

(RS)

PERCENTAGE

(%)

VOLUME MARKET CAP

RS.(CR.)

BSE 378.2 -1.9 -0.4999 31985 2364.66

NSE 378.55 -0.7 -0.1846 129615 2366.85

To help consumer build wealth by providing them with high-quality, low-cost,

easy to use and reliable investment services.

In order to increase its presence in the international market, English news channel NDTV

24x7 will be available on sky platform in UK and DirecTV, the largest direct to home

service provider in US.

According to dr. prannoy Roy, chairman NDTV. “We are very pleased to partner with

sky and DirecTV, the largest DTH players in the UK and US. There has been a constant

demand for NDTV 24x7 from many Indians living there, who in fact the largest single

group are accessing group our website NDTV.com. We hope that NDTV 24x7 will be an

important source of information for American and British viewers and fill a gap in those

markets.

The sky platform reaches out to 7.8 million homes while the current reach of DirecTV is

pegged at 15 million homes.

BPCBA/TY/GP/2008-09 - 90 -

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In a statement Mr. Aaron McNally, vice president, DirecTV is responding to the raoid

growth of the south Asian community in the US by delivering a robust line up of

programming that is relevant to their culture. We are delighted to partner with NDTV to

provide our south Asian customer with even more compelling and innovative

programming.”

With these tie-ups NDTV’s global presence will now extend to all key regions across the

world-the Middle East, Europe, South Africa, the UK and the US. Shortly thereafter,

NDTV plans on launching in Canada as well.

After entertainment channels, news channels seem to be tapping the international

audience.

¤ Board of director

1 Mr. Vijay bhaskar menon

Mr. Vijay bhaskar menon, now a citizen of the United States, was born in India where he

received a B.A. honors degree from the University of Delhi. He earned a masters degree

from Christ church, Oxford University and joined EMI limited in London. He was

appointed chairmen, managing director and chief executive of EMI’s Indian subsidiary in

1964 and represented EMI as a director on the boards of several subsidiaries and

associated companies including capitol Industries in the U.S.A. and Toshiba EMI limited

in Japan.

Mr. menon has been the president and chief executive officer of capitol industries

inc, a director of the parent board of EMI limited, chairmen of the board of capitol

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industries inc, the president and chief executive officer of all its operating

companies in north America including capitol records, the merco and musicdan

retail group, capiton magnetic products division, and of the screen gems and

colgems music publishing companies and united artists records. He has been the

chairman and president of the international federation of the phonographic

‘industry’ IFPI, and a director on the board of the recording industry association

of America (RIAA).

In July 1990, Mr. Menon was appointed to the rank of “chevalier de L’ordre des arts et

des letters” by the prench minister of culture.

2 Dr. Prannoy Roy, chairmen and whole time director

Dr. Prannoy Roy, chairmen and whole time director, age 54 years, is one of the leading

psephotogists and political analysts in India. He is the recipient of the prestigious

leverhulme fellowship for his doctorate and a scholar ship to study at the Hailey bury, a

leading public school of economics, bachelors in economics from the queen Mary

college, London university and is a qualified chartered accountant from London.

During 1985-87, Dr. Roy was associated with the ministry of finance, government of

India as economic advisor. He has been involved with television media since 1980 as a

commentator on election and from 1984 as one of the premier anchorpersons in India in

terms of credibility, analytical depth and presentation quality. Some of the key awards

received by him are:

o Priyadarshini academy Bombay, felicitations award for explicit coverage of world news

on TV and analysis of trends in elections awards in 1990.

o Dynasty culture club hall of fame award for best anchor person in 1991

o TV and video award for best anchor person in 1993

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o B.D. Goenka award for excellent in journalism in 1994 and 1995.

o Indian dance theatre “best personality of the year” awarded in 1998.

o Screen Videocon awards for “lifetime achievement” awarded in 1998.

o Limca book of records – “person of the year” awarded in 1998.

o Ernst & young – entrep.

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3 Mrs. Radhika Roy, managing director

Mrs. Radhika Roy, managing director Age 54 years is a print journalist and

television producer. In print journalism, she has over 10 year of experience with

leading publication such as “Indian express” and “India today”.

Ms.roy is an English graduate from Delhi university and a qualify speech pathologist

from oldrey Fleming school in London. She has also completed a course in television

production from the TISCH School of arts, New York University.

She has been associated with the television media since 1988 being involved in editing,

producing and eriting the script of “the world this week” and the production of the

various lives election and budget specials.

4 Mr. KVL narayan rao, whole time director

Mr. KVL narayan rao has been with NDTV since 1995 and is responsible for the human

resource, administrations and operations of the company. Previously, he has served the

Indian government as an Indian revenue services officer from 1979 to 1994 in different

riles including deputy commissioner of income tax, representative on the income tax

appellate tribunal and deputy secretary in the ministry of defense. Prior to 1979, he has

sub-editor of Indian express and had been associated with all Indian radio in Chennai.

Mr. Rao is an English literature graduate from the Madras University and master in

English literature from himachal Pradesh University.

5 Mr. N R Narayan murthy, independent director

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Mr. N R Narayan murthy is the chairmen and chief mentor of Infosys technology limited,

a global information technology consulting and software services provider, headquarters

at banglor, India. He served as CEO of Infosys for twenty year, handling over the reins to

a follow co-founder in March 2002. In 199, Infosys was listed in NASDAQ (INFY).

Mr. Murthy is the chairman of the governing body of both the Indian institute of

information technology, banglor, and the Indian institute of management, Ahmadabad. In

addition, he is a member of the board of overseers of the University of Pennsylvania’s

Wharton school, Cornell university board of trustee, Singapore management university

board of trustees and the board of advisors for the William F. achtmeyer center for global

leadership at the tusk school of business.

Mr. Murthy served as an independent director on the board of the DBS bank, Singapore,

and the largest government-owned bank in Singapore. He also served as a director on the

centre board of the reserved bank of India, as the co-chairman of the indo-British

partnership, and as a member of the prime minister’s council on trade and industry. He is

an IT advisor to several Asian countries.

6 Mr. amal ganguli, independent director

Mr. amal ganguli is a scholar and having very wide spectrum of experience. He is FCA,

FBIM member, New Delhi chapter, institute of internal auditors, and alumnus-IMI-

course on strategy.

Mr. amal ganguli has been qualified senior accountant/assistant manager (1962-64) with

griffin stone moscrop and co., chartered accountants, London and peat Marwick Mitchell

and co. London. He has been manager, with price water house peat and co., India (1964-

69). Mr. ganguli has been partner with price water house peat and co./price water

house/price water house coopers, India (1969-2003).

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Mr. Ganguli is a director on the board of other leading business houses, some of them

are:

Hughes escorts communication limited, Flextronics software systems limited, HCL

technology limited, AVTEC limited,

Tube investment of India limited. Maruti udyog limited, samtel color limited, samcor

glass limited.

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7 Mrs. Indrani Roy, independent director

Mrs. Indrani Roy is M.A. in English from Calcutta University. She has worked as teacher

in kinder land, a K.G. school from 1977 to 1987. She was sectary and head of

administration, institute of cerebral palsy (IICP) from 1987 to 2002. Mrs. Indrani roy is

peace works coordinator, seagull foundation for the arts from 2003. She is also member,

managing committee of international institute for poverty awareness and education. Mrs.

Roy is trustee, lilabati day memorial trust. Century textile and industries limited and

dabur pharmaceuticals limited.

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Program schedule of NDTV

Monday

TIME PROGRAM

12:00 PM Buy or sell

12:30 PM Profit newsroom

1:00 PM Power launch

1:30 PM Power launch

2:00 PM Profit newsroom

2:30 PM The 2:30 factor

3:00 PM The 2:30 factor

3:30 PM The 2:30 factor

4:00 PM Tomorrows picks

4:30 PM World business

5:00 PM Money mantra

5:30 PM Money mantra

6:00 PM Boss’s day out

6:30 PM Just books

7:00 PM Big fish

7:30 PM The car and bike show

8:00 PM Business prime time

8:30 PM All about ads

9:00 PM Profit at night

9:30 PM Profit at night

10:00 PM Nasdaq live

10:30 PM Big fish

11:00 AM Profit at night

11:30 AM Profit at night

BPCBA/TY/GP/2008-09 - 98 -

TIME PROGRAM

12:00 AM Business prime time

12:30 AM Business prime time

1:00 AM Just bollywood

1:30 AM LIC next gen

2:00 AM Beyond business

2:30 AM The news

3:00 AM Hot property

3:30 AM Hot property

4:00 AM India inc.

4:30 AM Business prime time

5:00 AM World business

5:30 AM Value of money

6:00 AM Just books

6:30 AM Inside Hollywood

7:00 AM Money mantra

7:30 AM Money mantra

8:00 AM Breakfast with profit

8:30 AM Breakfast with profit

9:00 AM Countdown

9:30 AM Countdown

10:00 AM Opening moves

10:30 AM Opening moves

11:00 AM Profit fundamentals

11:30 AM Buy or sell

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Tuesday

BPCBA/TY/GP/2008-09 - 99 -

TIME PROGRAM

12:00 AM Just book

12:30 AM Gadget guru

1:00 AM Result season

1:30 AM Result season

2:00 AM India inc.

2:30 AM Boss’s day out

3:00 AM Good food

3:30 AM India innovates

4:00 AM Business prime time

4:30 AM Just books

5:00 AM Profit at night

5:30 AM Profit at night

6:00 AM The car & bike show

6:30 AM Cell guru

7:00 AM Money mantra

7:30 AM Money mantra

8:00 AM Break fast with profit

8:30 AM Break fast with profit

9:00 AM Countdown

9:30 AM Countdown

10:00 AM Opening moves

10:30 AM Opening moves

11:00 AM Profit fundamentals

11:30 AM Buy or sell

TIME PROGRAM

12:00 PM Buy or sell

12:30 PM Profit news room

1:00 PM Power launch

1:30 PM Power launch

2:00 PM Profit newsroom

2:30 PM The 2:30 factor

3:00 PM The 2:30 factor

3:30 PM The 2:30 factor

4:00 PM Tomorrows picks

4:30 PM Cell guru

5:00 PM Money mantra

5:30 PM Money mantra

6:00 PM Hot property

6:30 PM Hot property

7:00 PM India’s gen next

7:30 PM India’s gen next

8:00 PM Business prime time

8:30 PM Profit plette

9:00 PM Profit at night

9:30 PM profit at night

10:00 PM Nasqad live

10:30 PM Big fish

11:00 AM profit at night

11:30 AM profit at night

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Wednesday

BPCBA/TY/GP/2008-09 - 100 -

TIME PROGRAM

12:00 PM Buy or sell

12:30 PM Profit news room

1:00 PM Power launch

1:30 PM Power launch

2:00 PM Profit newsroom

2:30 PM The 2:30 factor

3:00 PM The 2:30 factor

3:30 PM The 2:30 factor

4:00 PM Tomorrows picks

4:30 PM Digital duniya

5:00 PM Money mantra

5:30 PM Money mantra

6:00 PM All about ads

6:30 PM Inside Hollywood

7:00 PM Cell guru

7:30 PM Gadget guru

8:00 PM Business prime time

8:30 PM Reality of realty

9:00 PM Profit at night

9:30 PM profit at night

10:00 PM Nasqad live

10:30 PM Big fish

11:00 AM profit at night

11:30 AM profit at night

TIME PROGRAM

12:00 AM The car & byk show

12:30 AM Value for money

1:00 AM Lic next gen

1:30 AM Big fish

2:00 AM Great tastes

2:30 AM Inside Hollywood

3:00 AM Hot property

3:30 AM Hot property

4:00 AM Business prime time

4:30 AM One life to love

5:00 AM Profit at night

5:30 AM profit at night

6:00 AM Gadget guru

6:30 AM All about ads

7:00 AM Money mantra

7:30 AM Money mantra

8:00 AM Break fast with profit

8:30 AM Break fast with profit

9:00 AM Countdown

9:30 AM Countdown

10:00 AM Opening moves

10:30 AM Opening moves

11:00 AM Profit fundamentals

11:30 AM Buy or sell

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Thursday

12:00 AM Business on course 12:00 PM Buy or sell

12:30 AM Inside Hollywood 12:30 PM Profit news room

1:00 AM All about ads 1:00 PM Power launch

1:30 AM Big fish 1:30 PM Power launch

2:00 AM The car & byk show 2:00 PM Profit newsroom

2:30 AM The news 2:30 PM The 2:30 factor

3:00 AM Gadget guru 3:00 PM The 2:30 factor

3:30 AM Value for money 3:30 PM The 2:30 factor

4:00 AM Business prime time 4:00 PM Tomorrows picks

4:30 AM Boss’s day out 4:30 PM The car & byk show

5:00 AM Profit at night 5:00 PM Money mantra

5:30 AM Profit at night 5:30 PM Money mantra

6:00 AM Inside Hollywood 6:00 PM India’s gen next

6:30 AM Value for money 6:30 PM India’s gen next

7:00 AM Money mantra 7:00 PM Value for money

7:30 AM Money mantra 7:30 PM Boss’s day out

8:00 AM Breakfast with profit 8:00 PM Business prime time

8:30 AM Breakfast with profit 8:30 PM All about ads

9:00 AM Countdown 9:00 PM Profit at night

9:30 AM Countdown 9:30 PM profit at night

10:00 AM Opening moves 10:00 PM Nasqad live

10:30 AM Opening moves 10:30 PM Big fish

11:00 AM Profit fundamentals 11:00 AM profit at night

11:30 AM Buy or sell 11:30 AM profit at night

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Friday

BPCBA/TY/GP/2008-09 - 102 -

TIME PROGRAM

12:00 AM Gadget guru

12:30 AM All about ads

1:00 AM One life to love

1:30 AM LIC next gen

2:00 AM The makeover

2:30 AM Spectacular space

3:00 AM India innovates

3:30 AM Just book

4:00 AM Business prime time

4:30 AM Value for money

5:00 AM Profit at night

5:30 AM Profit at night

6:00 AM Business on course

6:30 AM Just books

7:00 AM Money mantra

7:30 AM Money mantra

8:00 AM Breakfast with profit

8:30 AM Breakfast with profit

9:00 AM Countdown

9:30 AM Countdown

10:00 AM Opening moves

10:30 AM Opening moves

11:00 AM Profit fundamental

11:30 AM Buy or sell

TIME PROGRAM

12:00 PM Buy or sell

12:30 PM Profit news room

1:00 PM Power launch

1:30 PM Power launch

2:00 PM Profit newsroom

2:30 PM The 2:30 factor

3:00 PM The 2:30 factor

3:30 PM The 2:30 factor

4:00 PM Tomorrows picks

4:30 PM Cell guru

5:00 PM Money mantra

5:30 PM Money mantra

6:00 PM Value for money

6:30 PM The car & byk show

7:00 PM The news

7:30 PM Cell guru

8:00 PM Business prime time

8:30 PM Gadget guru

9:00 PM Profit at night

9:30 PM profit at night

10:00 PM Nasqad live

10:30 PM Big fish

11:00 AM profit at night

11:30 AM profit at night

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Saturday

BPCBA/TY/GP/2008-09 - 103 -

TIME PROGRAM

12:00 AM The car & byk show

12:30 AM The car & byk show

1:00 AM Value for money

1:30 AM The news

2:00 AM The news

2:30 AM Great tastes

3:00 AM India inc.

3:30 AM Gadget guru

4:00 AM Business prime time

4:30 AM All about ads

5:00 AM Profit at night

5:30 AM Profit at night

6:00 AM The car & byk show

6:30 AM Inside Hollywood

7:00 AM Value for money

7:30 AM Gadget guru

8:00 AM Paisa vasool

8:30 AM Cell guru

9:00 AM Hot property

9:30 AM Hot property

10:00 AM Business on course

10:30 AM Boss’s day out

11:00 AM Special

11:30 AM D street this week

TIME PROGRAM

12:00 PM Just bollywood

12:30 PM Just book

1:00 PM The car & byk show

1:30 PM Big fish

2:00 PM Gadget guru

2:30 PM Inside Hollywood

3:00 PM All about ads

3:30 PM Women of indpen.

4:00 PM Business on course

4:30 PM Paisa vasool

5:00 PM Cell guru

5:30 PM Leaders in business

6:00 PM Boss’s day put

6:30 PM India’s gen next

7:00 PM India’s gen next

7:30 PM Women of indpen.

8:00 PM Business prime time

8:30 PM Reality of realty

9:00 PM D street this week

9:30 PM The car & byk show

10:00 PM World business

10:30 PM The news

11:00 AM Leader in business

11:30 AM All about ads

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Sunday

TIME PROGRAM

12:00 AM Value of money

12:30 AM Just books

1:00 AM World business

1:30 AM Boss’s day out

2:00 AM The news

2:30 AM The makeover

3:00 AM Inside Hollywood

3:30 AM Good food

4:00 AM Business prime time

4:30 AM The car & byk show

5:00 AM The makeover

5:30 AM Paisa vasool

6:00 AM Just bollywood

6:30 AM All about ads

7:00 AM Paisa vasool

7:30 AM Cell guru

8:00 AM Business on course

8:30 AM Big fish

9:00 AM Inside Hollywood

9:30 AM Just books

10:00 AM Hot property

10:30 AM Hot property

11:00 AM Just Hollywood

11:30 AM Profit palette

TIME PROGRAM

12:00 PM Gadget guru

12:30 PM Value for money

1:00 PM D street this week

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1:30 PM Leader in business

2:00 PM Reality of realty

2:30 PM Profit this week

3:00 PM India’s gen next

3:30 PM India’s gen next

4:00 PM The news

4:30 PM World business

5:00 PM Big fish

5:30 PM Good food

6:00 PM Business on course

6:30 PM Just books

7:00 PM The news

7:30 PM Inside Hollywood

8:00 PM Business prime time

8:30 PM Reality of realty

9:00 PM Profit this week

9:30 PM All about ads

10:00 PM The car & byk show

10:30 PM Profit palette

11:00 AM Just bollywood

11:30 AM World business

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Financial press release

New Delhi, May 22, 2007

NDTV ANNOUNCES RESULTS FOR FOURTH QUARTER 2007

KEY HIGHLIGHTS

NDTV gets board approval to make structural change in its news and business

operations

Structural changes to unlock shareholder value

Structure change to position news and business division for growth and enable raising

funds for expansion

RESULT HIGHLIGHTS (NDTV standalone**)

For the quarter march 31st.2007

NDTV revenues grow by 27.5% in Q4 FY’07 at Rs. 67.60 crores versus Rs. 53.03

crores in the same quarter of the previous year

EBIDTA for Q4 is at RS. 11.00 crores compared with Rs. 6.51 crores in the same quarter

of the previous year representing a 69% year on year growth

Operating profit have more than doubled at Rs. 5.47 crores versus Rs. 2.50 crores in same

period last quarter

Consolidation results are not comparable to last year as they include costs incurred in

setting up new businesses in NDTV network PLC.

In a significant development NDTV board has decided to explore appropriate structure

changes in NDTV ltd to position the news and business segments for their next phase of

growth with the objective of encouraging entrepreneurship within the company, while

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also continuing to attract the best external talent, the proposed structure should also allow

growth opportunities through acquisitions and/or strategic tie-ups in India and abroad and

benchmark the operations with global peers to enhance the shareholder value.

Note:

Consolidated results of New Delhi Television Limited include the results of 100%

(previous period 100%) subsidiary NDTV News Limited and 75.20% (previous period

81.18%) Subsidiary NDTV Media Limited. The results of the following companies

incorporated after July 06 is

Included in the consolidated results of this quarter-100% of NDTV Networks BV group and 20%

of its associate Astro Awn Network Limited. NDTV Networks BV wholly owns NDTV Network

Plc (NNPLC) and underlying subsidiaries 82.05% NDTV Imagine Limited, NDTV Labs Limited,

100% subsidiaries NDTV Lifestyle Limited, NDTV

Convergence I Limited, NDTV Labs Limited and 50% NGEN Media Services Private

Limited. The Consolidated results also include results of 100% (previous period n.a)

Subsidiary Emerging Markets 24X7 B.V. incorporated as a50% Dutch joint venture with

NNPLC.

The standalone results for the quarter ended June 30, 2007 (Col D) includes income of

Rs.3.43 Cores (Previous period 0.37Cores) charged to its subsidiaries towards the shared

services provided by it.

NNPLC has raise US $ 100 Million on May 30, 2007 through issue of step up coupon

convertible bonds due 2012. In connection with this, the Company has given an

undertaking to provide a corporate guarantee for and on behalf of NNPLC, as and when

required, in accordance with the terms of the Contracts and the Supplemental Trust Deed

executed by the Company. The potential dilution on conversion is likely to be between

20% to 30%. The Interest rate varies progressively from 4% to9% over the life of the

bonds of sixty months. Further, the cost amounting to Rs 21.41 Cores relating to issue of

bonds is being amortized over the tenure of the bonds. Accordingly an interest of Rs 1043

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cores and amortization of costs amounting to Rs 0.35 Cores has been included under

finance cost in the consolidated results for the quarter ended June 30, 2007.

During the quarter ended June 30, 2007 the company has issued 50,560 shares pursuant

to the exercise of stock option by certain employees under the ESOP SCHEME. The

Finance Act 2007 included Fringe Benefit Tax (FBT) on employee’s Stock option plan.

FBT liability crystallizes on the date of exercise of stock options and the company would

Akhari Sauda

Akhari Sauda is the stock and market wrap up show. The team track market movements

throughout the day and analyses the ups and downs with experts, supplemented

extensively by graphics and hot boards to give our explanations the cutting edge.

Commodity markets also figure prominently in the show. The idea is to help our viewers

with the proper tools to take a fairly informed decision. Apke share is a show in which

viewers can call in and get there queries answered by expert.

Recover the FBT from the employees; hence there is no charge in these financial results.

As per the terms of Clause 41 of the Listing Agreement, given below is the information

on investor complaints for the quarter ended June 30, 2007;

Pending at the beginning of the quarter

Received during the quarter

Disposed of during the quarter

Nil

The quarter financial results have been taken on recorded by the Board of Directors in its

meeting held on July 17, 2007. The fi9nancial results are audited and the auditor’s report

contains no qualifications. The auditors’ report on the stand alone financial statement and

the consolidated financial statements for the year ended March 31 2007 contains no

qualification except for remuneration of Rs.0.33 cores and Rs.0.64 cores respectively

paid to the directors which is subject to Central Government of making the necessary

applications for approval to the Central Government. The Company currently operates

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primarily in a segment of television media and accordingly, there is no separate

reportable segment.

Previous period figures have been regrouped/ recast wherever considered necessary.

For and on behalf of Board of Directors

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Dr.Prannoy Roy

Chairman

Place; New Delhi

Date: 17th July, 2007.

KEY ACHIEVEMENTS

The NDTV News Network has delivered strong revenue growth and maintained its

market leadership despite increasing competition. The English news channel, NDTV

24x7 remains the market leader as per the latest TAM figures for All universe, all India.

24 hour. NDTV Profit and NDTV India have both maintained their positions in market

shares. While commercial success of remaining the country’s largest news network has

been critical, NDTV has also received plenty of professional recognition in this year.

THE BUSINESS WORLD 2007, survey, has recognized NDTV as India’s most

Respected Media Company.

NDTV has also won 7 Indian Tally Awards, including the Best News Channel of the year

award for NDTV 24x7, 4 Asian Television awards and CNN Young journalist awards.

Articles about NDTV PROFIT in different news papers.

BUSINESS STANDARD 17 January 2006

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NDTV revenue up 29.5%

New Delhi: NDTV Ltd has posted revenue of Rs. 68.89 Cores for the quarter ended

December 2005, up per cent against the corresponding period last year and up 60 per cent

from the previous quarter’s revenue of Rs. 43.03 crore. The Company’s net profit after

tax and before ESOP stood at 14.12 crore compared with 15.25 crore in the same quarter

last year and Rs. 0.63 crore in Q2 2005. Earnings before interest, taxes, depreciation

amortization for Q3 stood at 19.56 crore, compared with 20.76 crore in the same quarter

of the previous year and Rs. 3.82 crore in the previous quarter of the same fiscal.

ECONOMIC TIMES 18 October 2005

NDTV plans entertainment channel

Mumbai, 18 October: New Delhi Television Ltd on Tuesday said it is planning a general

entertainment channel, the fourth channel from its kitty.

“The company is in the process of planning for a general entertainment channel,”

NDTV currently has an English news channel ‘NDTV 24x7’, Hindi news channel

NDTV India ‘and a business channel ‘NDTV Profit’.

HINDUSTAN TIMES 23 November 2005

NDTV plans entertainment channel

NDTV in US, NDTV 24x7 will now be available in the UK and US. It has entered into

partnership with SKY TV for the UK and with DIRECTV for the US market.

THE HINDU BUSINESS LINE November 2005

NDTV Joins Direct TV, Sky platforms to reach US, UK markets

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Awaaz, the voice of Indian Consumer

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CNBC-TV18

Launched 1999

Owned by CNBC Asia & TV18

Slogan "First in Business

Worldwide"

Country  India

Broadcast area India

Headquarters Mumbai, India

Formerly called CNBC India (1999-2004)

Replaced CNBC-TV18 (2004-

Present)

Website [1]

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History

The CNBC channel originally had its beginnings around 1980 as The Satellite Program

Network (SPN), showing a low-budget mix of old movies, instructional & entertainment

programs, and infomercials. The channel later changed its name to Tempo Television.

After initially signing a letter of intent to acquire Tempo,[4] NBC eventually opted for a

deal to lease the channel's transponder in June 1988.[5] On this platform, the channel was

relaunched on April 17, 1989 as the Consumer News and Business Channel. NBC and

Cablevision initially operated CNBC as a 50-50 joint venture,[6] choosing to headquarter

the channel in Fort Lee, New Jersey.

The newsroom at CNBC headquarters also used to host Power Lunch.

CNBC had considerable difficulty getting cable carriage at first, as many providers were

skeptical of placing it alongside the longer-established Financial News Network. By the

winter of 1990, CNBC was only in 17 million homes - less than half of FNN's potential

reach - despite having the muscle of NBC standing behind it.[7]

However, around this time, FNN encountered serious financial difficulties. After a

protracted bidding war with a Dow Jones-Westinghouse Broadcasting consortium,[7]

CNBC acquired FNN for $154.3 million on May 21, 1991 and immediately merged the

two operations, hiring around 60 of FNN's 300-strong workforce.[8] The deal increased

the distribution of the newly enlarged network to over 40 million homes.[8] Cablevision

sold its 50% stake to NBC upon completion of the deal.[9] With the full name "Consumer

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News and Business Channel" dropped, the network's business programming was at first

branded "CNBC/FNN," although this was phased out before the mid-90s.

CNBC began to grow during the 90s, launching Asian and European versions of the

channel in 1995 and 1996 respectively.[10] In 1997, CNBC formed a strategic alliance

with Dow Jones, including content sharing with Dow Jones Newswires and The Wall

Street Journal and the rebranding of the channel as "a service of NBC and Dow Jones". [11]

CNBC's international channels were then merged into a 50-50 joint venture with their

Dow Jones-owned rivals, London-based EBN (European Business News) and Singapore-

sited ABN (Asia Business News) in 1998,[12] while ratings grew on the U.S. channel until

the new millennium's dot-com bubble burst in 2000.[13]

The front entrance of CNBC's New Jersey HQ

The new millennium also brought changes to the network, moving its world headquarters

from Fort Lee to Englewood Cliffs, New Jersey in 2003, which features completely

digital video production and studios made by PDG Ltd of Beeston, Nottinghamshire and

the FX Group of Ocoee, Florida.

NBC Universal reacquired full control of loss-making CNBC Europe and CNBC Asia

from Dow Jones at the end of 2005. The licensing agreement between Dow and CNBC

U.S. remained intact, however.[14]

Today, CNBC provides business news programming from 4 a.m. to 8 p.m., Eastern Time,

while broadcasting talk shows, investigative reports, documentaries, infomercials,

repurposed NBC game shows, and other programs during the evening and early morning.

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A rolling ticker provides real-time updates on share prices on the NYSE, NASDAQ, and

AMEX, as well as market

Indices, news summaries, and weather updates by NBC Weather Plus (prior to March 27,

2006, all of CNBC's weather reports were provided by AccuWeather). A rotating top

band of the screen rotates provides real-time updates on index and commodity prices

from world markets.

CNBC is the only NBC network whose abbreviation, while containing NBC, stands for

another name: the Consumer News and Business Channel. The moniker was simply

shortened to CNBC when the former was dropped.

The Indian consumers today rule the economy, driving exponential growth across sectors.

The

Consumer revolution is underway and so sky Awaaz, India’s first consumer-focused

Hindi channel.

Awaaz is brought to you by television eighteen and the people who gave you India’s

leading

Business network, cnbc-tv18 .Awaaz is not only the voice of the Indian consumer, but

Also the single, authorities source for making intelligent, informed decisions about

investing, saving,

Spending and making career choices.

Awaaz hosts an impressive array of shows spanning personal finance, markets, small

businesses,

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Consumer issues, health, education, shopping and more, led by the most impressive team

in

Business journalism as well as media moguls.

Awaaz has the potential to cut across socio-economic categories allover India. It’s no

wonder that

Awaaz is already the fastest growing consumer channel in the country.

Management

Senior Corporate Executives

Raghav bahl

Sanjay ray chaudhuri

Haresh chawla

Sameer manchanda

Rajdeep sardesai

Vandana malik

R d s bawa

B sai kumar

Senthil chengalvarayan

Udayan mukherjee

Sanjay pugalia

Ashutosh

Surya mantha

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Sandeep bhargava

Sundeep malhotra

Pankaj aher

Sarbvir singh

Farhad k wadia

Raghav bahl

Managing director of the group

Raghv bahl, 44 years, is the managing director of the group. He began his working life as

a

Management consultant with A.F. Ferguson & co. His second corporate job was with

American Express Bank – Before he turned to his first love, media. Winner of the

Sanskriti Award for Journalism in 1994, Raghav has over 22 year experience in television

and Journalism. He started his care in media in 1985 as a Correspondent and

Anchorperson for Doordarshan. He was the Anchorperson and Production Consultant for

India’s first monthly video newsmagazine, News track, produced by the India Today

group. From 1991 to 1993 he was the Executive Director of Business India Television

and produced the Business India Show and Business A.M on Doordarshan. He has

written articles for The Times of India, the Statesman and The Pioneer. Raghav is a

member of world Economic Forum (WEF)

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He did his Graduation in Economics Honors from St. Stephens College, and then did his

Masters in Business Administration from the University of Delhi. He attended a doctoral

program at the Graduate School of Business, Columbia University, New York.

Sanjay Ray Chaudhuri

Executive Director in the group

Sanjay Ray Chaudhuri, 39 years, is an Executive Director in the group. He started his

career as an independent document film- maker for Doordarshan. He went on to direct

and present India’s first indigenously produced show for satellite television, The India

show. He also received the Onida Pinnacle Award for Excellence in Television in 1995.

He has also directed quite a few music videos corporate films, ad films, chat shows,

game- shows and business shows for television. He handles Programmer development

and looks after the Creative technological aspects of production for TV 18. He is an

English honor Graduate from St. Stephens College, Delhi University. He also holds a

Degree in Masters in Mass Communication Research center.

Harsh Chawla

Chief Execution Officer of the group

Harsh Chawla, 39 years, is Group CEO of the TV 18 Group. Under his leadership and

guidance, the TV 18 group has been transformed from a production house to India’s No 1

Network, has grown from a 180 strong team to a 2500+ team and has attained leadership

position in all its ventures in the news broadcasting space- CNBC TV 18, , CNBC

Awaaz, CNN IBN and IBN7. Harsh’s previous assignments have all been with start- ups

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including the HCL Group, where he headed business development for HCL Commit;

ABCL, where he set up the Film Distribution Business , and at the Times of India Group

where he launched their music label- Times Music.

Harsh’s varied Experience of 16 years in media and technology has also enabled the

Group to identify Internet space that has now achieved leadership positions- money

control. Com (Asia’s leading financial portal), commodities control .com (India’s leading

source for commodity information and research), ibnlive. Com (No 1 site for general

news), and poweryourtrade.com (subscription _based equity site). This year, the Group

has Indian arm of Job Street. Com (Malaysia-based job portal) and set up Yatra. In (a

travel portal) along with Norwest Venture Partners. Recent acquisitions under his

leadership include compareindia. Com criketnext.com & urban eye.

Under his leadership, TV 18 continues to indentify new ventures- Greenfield and

acquired- and hopes to maintain the exponential growth trajectory that it has seen in the

last 6 years.

He holds a degree in Business Management from IIM –Calcutta and also an alumnus of

IIT-Mumbai.

Vandana Malik

Executive Director In the group

Vandana Malik, 49 years, is in Executive Director in the company. She started working

for TV 18 in 1994 as Mumbai Bureau chief. Prior to TV 18, she had a brief stint with

Business India group as Editorial Coordinator. At TV 18, she has scripted & directed

many features and profiles of various artistes for The India Show. For India Business

Report, she has interviewed prominent business personalities. She also headed 18

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Entertainment, a division of TV 18 Company. She is a History Honors Graduate from

Delhi University.

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Program Guide OF CNBC AWAAZ

AAZ KA KAROBAR

This unique initiative brings the citizens face to face with the

highest authority of the state to discuss critical issues in the city. People pose their issues

and problems to the concerned authorities and get the answers, the and there. The forum

also includes other prominent Govt. figures and also well Known top corporate leaders.

Hosted by Sanjay Puglia a veteran anchor on Awaaz. Aaj ka karobar tells about pulse

price fluctuation in Akola Mandy, company’s likely offer prices even before them out,

Brent Crude’s price in US market and its impact on Indian economy. Kotler’s marketing

tips, Union Government moves on corporatization of stock markets, government’s

revised disinvestment plan, and implication of SEBI’s moves to help retail investors,

mushrooming of fake educational institutions etc.

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AKARI SAUDA

Akhari Sauda is the stock and market wrap up show. The team track market movements

throughout the day and analyses the ups and downs with experts, supplemented

extensively by graphics and hot boards to give our explanations the cutting edge.

Commodity markets also figure prominently in the show. The idea is to help our viewers

with the proper tools to take a fairly informed decision. Apke share is a show in which

viewers can call in and get there queries answered by expert.

APKE SHARE

Awaaz plus is the latest update of what’s happening in the consumer’s arena be its

lifestyle or fashion , entertainment or shopping, health or real estate, fashion or career.

Awaaz plus help you take the right decision at the right time.

AWAAZ SAMACHAR

This is wrap-up of the day’s major developments. Many stories from smaller centers will

be

Covered. Inserted between programmers in the evening band on a daily basis, these

stories will cover not only market related stories, but also non market related stuff, like

commodity markets, etc.

It will be analysis of what happened at the stock market on that bay and what is to happen

the next day. This show will have large-scale participation from the audience on Bay the

phone, and Experts will be present to handle their queries.

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Chalti ka Naam Gadi

From buying to selling, after sales service guides to test drives, automobile expert

opinions to car options for consumers from different economic strata. All this and more

will be the focus for this latest weekly show on Awaaz.

Dophar Ka Karobar

This program is succinct and effective recap of the day’s developments with a focus on

the stock and commodity markets. In essence, a wrap up of the day’s financial

developments, which is a must see for the Indian Business fraternity.

Glamour Bazaar

A weekly update on the burgeoning entertainment business. While to begin with we will

focus on BOLLYWOOD, we will later on cover other areas as we go along. Each of

these chosen fields will be covered in detail in this exciting show, which will attempt to

explain to the viewers the business of entertainment.

This weekly career guide is intended to help viewers get detailed information on a wide

range of career options. The program has a combination of expert interview & career

talks that will help students and job seeker decide the career he wants to pursue and what

are the next steps that he should take. This show also has special sections meant for

employees who aspire to excel I there current profession.

Jiyo Jindgi

A health and lifestyle show. This weekly show will revolve around one theme, be it work

workrelated stress or family life or food and dinning and explore it from all perspectives.

Leading lights from the medical profession will also be invited to offer tips offer tips on

how to create that right balance in life.

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Khass Mulakat

In this special power packed show, catch veteran Ahwaz anchor Sanjay Puglia in an

intense one on ones with the people who matter. The real policy makers who are

influencers who are responsible for shaping India’s future.

MID-CAP MASALA

Mid-cap macula deals with mid-cap company stocks. Our expert analyst discuss about

mid-cap companies as on buzzing mid-cap stocks for small investors.

MONNEYBHAI INVERSTOR

Moneybhai Investor is a first of its kind simulated real-time Stock Market game aimed at

giving viewers and investor an easy interaction platform-using Television, Internet and

mobile phone to understand and invest in the stork Market, without fear of losing their

investment. Only show in the country where one can play with virtual monkey and win

Real monkey.

PARDAFASH

A 30-minutshow with a hard-hitting story, and detailed discussion in each and every

power packed episode. Getting under the skin of corporate crime, exposing

consumer/inverster grievances and keeping a close watch on crumbling public utilities, is

what this show will seek to do.

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PEHREDAAR

It’s a show, which deals with people’s grievances. pehredaar provides our consumers a

platform where their voice could be heard. This show tries to make the system more

accountable

PAHALA SAUDA

The programmer that analyses the relative strengths and weaknesses of storks which are

in the news. We explain the likely impact of the international market, government

policies, and companies’ probable announcement on storks that are likely to dominate

that day’s cash and F&O market

PRIME PROPERTY

This show deals with how to buy properties. It concentrates on metro and massive cities.

It also tells you what kinds of documents are required in buying a property and how one

should avoid not to get duped. It will also focus on which are the hot selling properties.

A daily half hour show informing viewers about the options available in the market place,

in the form of product and services as well as tips on how to get the best bargain. Giving

useful tips to buyers and demystifying many jargons of the market. Also revealing the

unique aspects of certain famous markets.

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TAX GURU

A tax planning show with tax expert Sub has Lakhotia. The resident expert will act as an

adviser, answering queries on call. Planners will also featured on the show, to give there

take on the best option available to get the highest benefit from the existing laws.

It is a show, which gives a plethora of options- about the way the weekend can be spent-,

from what one can do to where one can eat; from film listings to music reviews – it has it

all.

Kudu Par Kato Yakeen, a path breaking initiative, which is India’s biggest search for the

most

Promising new talent in the country. It is a one of a kind platform for all those, who

aspire to become India’s most promising news professional. A talent hunts like never

before, where ones dreams to shine in the News Media world can come true. All that one

need to have is the confidence to achieve their dreams and the faith that impossible can

be made possible. Yon can catch all the action of this mega talent hunt, on Saturday at8;

30pm on CNBC AWAAZ and repeats on IBN 7 on Sunday, 3:30pm

CNBC AWAAZ presents India’s first intelligent game show on television, the Asli

Challenge. This interactive and exciting show puts amateur investors investing skills to

test and challenges ones business acumen Its is show that’s a true assessment of ones

Investing knowledge and skill where the investor is put to a gritting battle of stocks and

figures. This unique instinctive promises the winner name, fame and a lifetime

opportunity to work for ING Vysya. The investor who proves to be the best of the best

will be titled Indian Investor of the year

Awaaz Consumer Forum

Our research indicates that the biggest latent need amongst consumers across the country

today is that of unbiased information and knowledge, inn a de-jargonized and simple to

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understand language; be it on personal finance; career counseling; job opportunities;

setting and running small businesses; buying auto/houses or getting the right finance

options for purchasing these assets. Awaaz-the voice of Indian consumer aims to fill in

this vacuum. Awaaz targets at bringing in content that helps the consumer to take wiser

investment and spending decision and thus become one credible and timely source for

financial advice, saving, intelligent and staying abreast with latest career opportunities.

Awaaz consumer forum is just one of the attempts from the Awaaz team addressing the

issue of the consumers in the most jargon free manner.

Awaaz consumer forum is an advisory cum exhibit forum where topics of interest to

different segment of society across India are demystified; where expert from various

domain share their insights in jargon free Hindi the language of consumer. Awaaz

consumer forum is interactive, it features experts who speak Hindi and have been

selected for their ability to give unbiased views about their respective subject in an easy

to understand language. This India’s only initiative that aims to bring various categories

of consumers on such a large scale face to face with expert. Be it housewives, working

adult, retirees, small & medium scale entrepreneurs or students aspiring for better career

& jobs.

The first Awaaz Consumer Forum was held in Delhi and with the topic of Personal

Finance at length.

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Present Shows

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IST Mon. Tues. - Fri.

0330 Asia Squawk Box

0600

Meet The Press

India Business Hour

0630 US Closing Bell

0700 Power Breakfast

0730 Taking Stock Your Stocks

0800

Power Breakfast

Power Breakfast

0830 Your Stocks

0900 Bazaar Morning Call

1000 Open Exchange

1030 Corporate Radar

1100 Your Stocks

1200 Markets Midday

1300 Business Lunch

1330 Midcap Radar

1430 Closing Bell

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MEDIA OF FINANCE

Asia Squawk Box

Asia Squawk Box is a television business news program on CNBC Asia, aired Monday

through Friday from 7:00 a.m.-10:00 a.m. (Hong Kong/Singapore/Taiwan time). This

programme is also aired on CNBC World in the United States at the respective time (6:00

p.m. - 9:00 p.m. Sunday through Thursday without daylight saving time, 7:00 p.m. -

10:00 p.m. with DST), and on CNBC Europe on Sundays at 23.00 UK time.

Debuting in 1998, Asia Squawk Box (ASB) covers the opening of the Asian markets and

is presented by Martin Soong and Amanda Drury. There is occasionally a guest host.

Recently, the show has let its guest hosts join in on the second and third hour just like its

US and European counterparts. Regular contributors include Sri Jegarajah, Cheng Lei

(China), Saijel Patel, Emily Chan (Hong Kong), Kaori Enjoji (Tokyo) and Karen Tso

(Sydney). Interviews with CEOs other analysts are also an essential part of the show.

On 2007-03-26, with McElheron at the helm, Asia Squawk Box was relaunched with a

new live set, replacing the virtual set it had used since its creation, and a new co-presenter

in Amanda Drury. On that day, the show started using the current US music package and

returned to the 7 to 10am timeslot and now being preceded to give way to a new

programme, Squawk Australia.

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Weekdays @ 7 am & 8 am

PowerBreckfast

Equip yourself with all the decision-making tools and information for

the day as Ayesha Faridi analyses and forecasts trends going into

trade. Dealing room calls and voices from market experts give you

that extra-edge just to help you make a profitable decision. Our

reporters put all newsbreaks into context and de-jargonize crucial

information for your use.

Weekdays @ 9 am

Bazaar Morning Call

Hosted by Udayan Mukherjee and Mitali Mukherjee, this show tracks

the opening of the Indian Markets, tests your instincts for the market

with the regular Bazaar Poll and gives you the information to make

the early start in the market. In short, a show that sets the tone for

your day ahead.

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MEDIA OF FINANCE

BPCBA/TY/GP/2008-09 - 132 -

Weekdays @ 7 am & 8 am

PowerBreckfast

Equip yourself with all the decision-making tools and information for

the day as Ayesha Faridi analyses and forecasts trends going into

trade. Dealing room calls and voices from market experts give you

that extra-edge just to help you make a profitable decision. Our

reporters put all newsbreaks into context and de-jargonize crucial

information for your use.

Weekdays @ 9 am

Bazaar Morning Call

Hosted by Udayan Mukherjee and Mitali Mukherjee, this show tracks

the opening of the Indian Markets, tests your instincts for the market

with the regular Bazaar Poll and gives you the information to make

the early start in the market. In short, a show that sets the tone for

your day ahead.

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NEWS PAPER

THE FINANCIAL EXPRESS

From Wikipedia, the free encyclopedia

Jump to: navigation, search

The Financial Express

Type Daily newspaper

Format Broadsheet

Owner The Indian Express Group

Editor Shekhar Gupta

Founded 1961

Headquarters {{{headquarters}}}

Website: financialexpress.com

This article is written like an advertisement. Please help rewrite this article

from a neutral point of view. For blatant advertising that would require a

fundamental rewrite to become encyclopedic, use {{db-spam}} to mark for

speedy deletion. (December 2008)

BPCBA/TY/GP/2008-09 - 133 -

Weekdays @ 7 am & 8 am

PowerBreckfast

Equip yourself with all the decision-making tools and information for

the day as Ayesha Faridi analyses and forecasts trends going into

trade. Dealing room calls and voices from market experts give you

that extra-edge just to help you make a profitable decision. Our

reporters put all newsbreaks into context and de-jargonize crucial

information for your use.

Weekdays @ 9 am

Bazaar Morning Call

Hosted by Udayan Mukherjee and Mitali Mukherjee, this show tracks

the opening of the Indian Markets, tests your instincts for the market

with the regular Bazaar Poll and gives you the information to make

the early start in the market. In short, a show that sets the tone for

your day ahead.

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The Financial Express is a daily newspaper published by the Indian Express group since

1961.

Launched in 1961, India’s oldest financial daily, The Financial Express, is today one of

the leading newspapers in the country. Part of The Indian Express Group, the newspaper

publishes eleven editions in English from leading cities -- Ahmedabad, Bangalore,

Chandigarh, Chennai, Delhi, Hyderabad, Kochi, Kolkata, Lucknow, Mumbai and Pune. It

also has an edition in Gujarati, published from Ahmedabad. The newspaper has offices

across the country and is headquartered in Delhi.

Contents

1 Content

2 Columnists

3 News

4 Supplements

5 FinancialExpress.com

6 Annual surveys

7 Events

8 Editor

9 The Indian Express Group

10 External links

BPCBA/TY/GP/2008-09 - 134 -

Weekdays @ 7 am & 8 am

PowerBreckfast

Equip yourself with all the decision-making tools and information for

the day as Ayesha Faridi analyses and forecasts trends going into

trade. Dealing room calls and voices from market experts give you

that extra-edge just to help you make a profitable decision. Our

reporters put all newsbreaks into context and de-jargonize crucial

information for your use.

Weekdays @ 9 am

Bazaar Morning Call

Hosted by Udayan Mukherjee and Mitali Mukherjee, this show tracks

the opening of the Indian Markets, tests your instincts for the market

with the regular Bazaar Poll and gives you the information to make

the early start in the market. In short, a show that sets the tone for

your day ahead.

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Content

The Financial Express has supported the eventual breakdown of the arbitrary control-

based system that characterised the Indian economy to its emergence as a free market

enterprise with accent on merit. The paper espouses the same position in its coverage of

international developments. The position is based on a careful observation of the way

economies have evolved in the past few decades. This is also known as a championing of

the free market position. The FE columns and editorials articulate this opinion succinctly.

The FE edit page columns are therefore the most widely read pieces among all business

publications in India. Besides, the newspaper has an exclusive tie-up with The Economist

of London to carry its articles all days of the week on the op-ed page, except on Saturday

and Sunday.

Columnists

A number of Indian and global economic experts pen their columns for The Financial

Express. These include Ajay Shah, Bibek Debroy, Lord Meghnad Desai, Avinash

Persaud, Vijay Mahajan, Manish Sabharwal, Rajesh Chakrabarti, Amitendu Palit, Ila

Patnaik, Mahesh Vyas, and Raj Majumder.

News

FE’s news coverage is known for comprehensive sweep of economic policy making,

corporate developments and market trends. For India’s fast expanding middle class of

over 300 million, as per latest NSS data, plus the CEOs and government officials, the

insights into the Indian growth story are particularly edifying. On weekdays there are a

number of special pages titled FE Insight and FE Special, which carry reports and

analyses on crucial areas of the economy -- automobiles, infrastructure, entertainment,

capital markets, workspace, small and medium enterprises, infrastructure, real estate,

green businesses and BRIC Plus. The Financial Express on Sunday focuses on the

weekend reading for corporate executives.

BPCBA/TY/GP/2008-09 - 135 -

Weekdays @ 7 am & 8 am

PowerBreckfast

Equip yourself with all the decision-making tools and information for

the day as Ayesha Faridi analyses and forecasts trends going into

trade. Dealing room calls and voices from market experts give you

that extra-edge just to help you make a profitable decision. Our

reporters put all newsbreaks into context and de-jargonize crucial

information for your use.

Weekdays @ 9 am

Bazaar Morning Call

Hosted by Udayan Mukherjee and Mitali Mukherjee, this show tracks

the opening of the Indian Markets, tests your instincts for the market

with the regular Bazaar Poll and gives you the information to make

the early start in the market. In short, a show that sets the tone for

your day ahead.

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Supplements

The newspaper has weekly supplements -- eFE, a four-page pullout on Mondays that

tracks the latest in the knowledge economy; Brandwagon, a four-page supplement every

Tuesday on advertising and marketing, and India Inc, a four-page section every Thursday

on corporate strategy. Besides, a four-page pullout, FE Investor, on investment and

personal finance, is published on Sundays.

FinancialExpress.com

The online section of The Financial Express is an up-to-date source for news on

economy, business, finance, stocks and money markets. Besides offering the daily

newspaper in the e-paper format free, the site also has extensive sections on stocks and

company information. The site is constantly updated for the latest news on economy and

business. Archives for the print edition are available online since 2000. The site is part of

the group portal, www.expressindia.com

Annual surveys

The Financial Express also brings out two annual listings. While FE 500 lists top 500

companies of India, FE Best Banks has emerged as the blue ribband of banking

excellence in the country that culminates with an awards night for 13 categories.

Events

The Financial Express has instituted two annual awards. The FE Women Leadership

Awards recognise women achievers in business, management and knowledge economy.

The FE Best Bank Awards are based on the Best Bank Survey. Besides, The Financial

Express has also initiated a series of FE Round Table Conferences (RTC) that bring

together policymakers and major players to discuss key issues pertaining to different

sectors.

BPCBA/TY/GP/2008-09 - 136 -

Weekdays @ 7 am & 8 am

PowerBreckfast

Equip yourself with all the decision-making tools and information for

the day as Ayesha Faridi analyses and forecasts trends going into

trade. Dealing room calls and voices from market experts give you

that extra-edge just to help you make a profitable decision. Our

reporters put all newsbreaks into context and de-jargonize crucial

information for your use.

Weekdays @ 9 am

Bazaar Morning Call

Hosted by Udayan Mukherjee and Mitali Mukherjee, this show tracks

the opening of the Indian Markets, tests your instincts for the market

with the regular Bazaar Poll and gives you the information to make

the early start in the market. In short, a show that sets the tone for

your day ahead.

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Editor

Shekhar Gupta is the Group Editor-in-Chief. Subhomoy Bhattacharjee is deputy

executive editor of The Financial Express. Somenath Choudhuri is deputy editor and

Akash Joshi, deputy resident editor. Pragati Verma looks after eFE, Alokananda

Chakraborty, Brandwagon, and Rajiv Tikoo, India Inc.

The Indian Express Group

The Financial Express is part of The Indian Express Group, which also owns English

daily The Indian Express, Marathi daily Loksatta, Hindi Daily Jansatta, entertainment

weekly Screen, and weekly Marathi magazine Lokprabha.

External links

Financial Express

Retrieved from "http://en.wikipedia.org/wiki/The_Financial_Express"

Categories: Publications established in 1961 | English-language newspapers published in India

Hidden categories: Wikipedia articles needing style editing from December 2008 | All articles

needing style editing

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Weekdays @ 7 am & 8 am

PowerBreckfast

Equip yourself with all the decision-making tools and information for

the day as Ayesha Faridi analyses and forecasts trends going into

trade. Dealing room calls and voices from market experts give you

that extra-edge just to help you make a profitable decision. Our

reporters put all newsbreaks into context and de-jargonize crucial

information for your use.

Weekdays @ 9 am

Bazaar Morning Call

Hosted by Udayan Mukherjee and Mitali Mukherjee, this show tracks

the opening of the Indian Markets, tests your instincts for the market

with the regular Bazaar Poll and gives you the information to make

the early start in the market. In short, a show that sets the tone for

your day ahead.

Page 138: MEDIA OF FINANCE

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Weekdays @ 7 am & 8 am

PowerBreckfast

Equip yourself with all the decision-making tools and information for

the day as Ayesha Faridi analyses and forecasts trends going into

trade. Dealing room calls and voices from market experts give you

that extra-edge just to help you make a profitable decision. Our

reporters put all newsbreaks into context and de-jargonize crucial

information for your use.

Weekdays @ 9 am

Bazaar Morning Call

Hosted by Udayan Mukherjee and Mitali Mukherjee, this show tracks

the opening of the Indian Markets, tests your instincts for the market

with the regular Bazaar Poll and gives you the information to make

the early start in the market. In short, a show that sets the tone for

your day ahead.

Page 139: MEDIA OF FINANCE

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Languages

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Wikipedia® is a registered trademark of the Wikimedia Foundation, Inc., a U.S.

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About Wikipedia

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BPCBA/TY/GP/2008-09 - 139 -

Weekdays @ 7 am & 8 am

PowerBreckfast

Equip yourself with all the decision-making tools and information for

the day as Ayesha Faridi analyses and forecasts trends going into

trade. Dealing room calls and voices from market experts give you

that extra-edge just to help you make a profitable decision. Our

reporters put all newsbreaks into context and de-jargonize crucial

information for your use.

Weekdays @ 9 am

Bazaar Morning Call

Hosted by Udayan Mukherjee and Mitali Mukherjee, this show tracks

the opening of the Indian Markets, tests your instincts for the market

with the regular Bazaar Poll and gives you the information to make

the early start in the market. In short, a show that sets the tone for

your day ahead.

Page 140: MEDIA OF FINANCE

MEDIA OF FINANCE

The Times of India

From Wikipedia, the free encyclopedia

Jump to: navigation, search

The Times of India

The paper's front page after 11 July 2006 Mumbai

train bombings

Type Daily newspaper

Format Broadsheet

OwnerBennett, Coleman & Co.

Ltd.

Editor-in-Chief Jaideep Bose

Founded 1838

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Political allegiance Liberal [1]

Language English

Headquarters New Delhi

OCLC 23379369

Website: timesofindia.com

The Times of India (TOI) is a leading English-language broadsheet daily newspaper in

India. It is owned and managed by Bennett, Coleman & Co. Ltd. (The Times Group) of

the Sahu Jain family. The newspaper has the widest circulation among all English-

language broadsheets in the world.[2] In 2005, the newspaper reported that (with a

circulation of over 2.4 million) it was certified by the Audit Bureau of Circulations as the

world's largest selling English broadsheet newspaper.[3]

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Contents

1 History

2 Editions

3 Notable people associated with the Times of India

4 Supplements

5 References

6 External links

History

The Times of India was founded on November 3, 1838 as The Bombay Times and

Journal of Commerce[4], during the British Raj of western India. It adopted its present

name in 1861. Published every Saturday and Wednesday, The Bombay Times and

Journal of Commerce was launched as a bi-weekly edition. It contained news from

Europe, the Americas, and the Subcontinent, and was conveyed between India and

Europe via regular steamships. The daily editions of the paper were started from 1850

and by 1861, the Bombay Times was renamed The Times of India. In the 19th century this

newspaper company employed more than 800 people and had a sizable circulation in

India and Europe. Originally British-owned and controlled, its last British editor was Ivor

S. Jehu, who resigned the editorship in 1950. It was after India's Independence that the

ownership of the paper passed on to the then famous industrial family of Dalmiyas and

later it was taken over by Sahu Shanti Prasad Jain of the Sahu Jain group from Bijnore,

UP.

The Times of India is published by the media group Bennett, Coleman & Co. Ltd. This

company, along with its other group companies, known as The Times Group, also

publishes The Economic Times, Mumbai Mirror, the Navbharat Times (a Hindi-language

daily broadsheet), the Maharashtra Times (a Marathi-language daily broadsheet).

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The Times is self declared as a liberal newspaper [1], and is sometimes described as

irreverent.[5]

The parent company has launched a controversial new business initiative, called "Private

Treaties," offering to take an equity stake in a company in exchange for advertising.

In January 2007, the Kannada edition was launched in Bangalore and in April 2008 the

Chennai edition was launched. The launch of the Chennai edition is considered to be last

major English Newspaper battle in India.[6]

Editions

The Times of India is printed from the following places (in alphabetical order):

TOI press at Sahibabad

Ahmedabad

Bhubaneswar

Bengaluru

Chandigarh

Chennai

Delhi

Goa

Hyderabad

Jaipur

Kolkata

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R. K. Laxman ("You Said It" editorial cartoon, featuring the famous Common

Man)

Bachi Karkaria , columnist, "Erratica"

Shobha De , columnist

Jaideep Bose , Executive Editor

M J Akbar , Columnist, "The Siege Within" and former Editorial Team

Gurcharan Das , Columnist

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Supplements

The Times of India comes with several city-specific supplements, such as Delhi Times,

Bombay Times, Hyderabad Times, Lucknow Times, Nagpur Times, Bangalore Times,

Pune Times ,Ahmedabad Times and Chennai Times, Calcutta Times.

Other regular supplements include:

Times Wellness

Education Times

Times Ascent

ZIG WHEELS

Mumbai Mirror (website)

Bangalore Mirror (website)

Pune Mirror (website)

Times Life

Rouge

What's Hot

Address

The Times of South Mumbai (In South Mumbai)

References

1. ^ a b Times of India Leader Article declaring its position. www.timesofindia.com

2. ̂ "Dailies add 12.6 million readers: NRS", The Hindu (August 29, 2006).

Retrieved on 16 October 2007.

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3. ̂ "Times now Masthead of the World", The Times of India (June 26, 2005).

Retrieved on 16 October 2007.

4. ̂ "The Times of India turns the Times of Colour". Televisionpoint.com (April 26,

2006). Retrieved on 2007-10-16.

5. ̂ Indian press consider surprise result BBC

6. ̂ The Times of India consolidating in Chennai televisionpoint.com

External links

The Times of India website

The Times of India ePaper (Epaper - Digital Replica of the newspaper)

Times Syndication Service Content licensing and syndication wing of The Times

Group.

Retrieved from "http://en.wikipedia.org/wiki/The_Times_of_India"

Categories: Publications established in 1838 | The Times of India | Publications of The

Times Group | English-language newspapers published in India | Newspapers of Delhi |

Newspapers of Kolkata | Newspapers of Mumbai | Newspapers of Chennai | Newspapers

of Bangalore | Newspapers published in India | The Times Group

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This page was last modified on 11 January 2009, at 14:07.

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Business-standard.com is the online property of Business Standard Ltd (BSL),

publishers of India’s leading business daily, Business Standard.

Business Standard is the country's most respected business daily, being the first choice of

serious business readers. It is published in colour from 12 centres in India - Mumbai

(formerly Bombay), New Delhi, Kolkata (formerly Calcutta), Bangalore, Chennai

(formerly Madras), Ahmedabad, Hyderabad, Chandigarh, Lucknow, Pune, Kochi and

Bhubaneswar. The newspaper believes in free, fair and independent journalism and

strives to inculcate these values in its editorial staff. The journalism practised by Business

Standard lays equal stress on quality, credibility and accuracy. Business Standard has the

country's best economic journalists and columnists working for it. It is edited by T.N.

Ninan, perhaps India’s best-known business journalist.

Among the other senior journalists in the team are A. K.Bhattacharya,former editor of

The Pioneer and associate editor of The Economic Times,and Shyamal Majumdar,

former resident editor of The Financial Express.

Business Standard’s stable of specialist contributors includes some of the sharpest minds

in economics and business. Among them: Shankar Acharya, former chief economic

advisor, government of India, Subir Gokarn, chief economist of Standard and Poor's Asia

Pacific, Deepak Lal, professor of economics, UCLA, Suman Bery, director-general,

National Council of Applied Economic Research, Abheek Barua, chief economist of

HDFC Bank, M. Govinda Rao, director of National Institute of Public Finance and Policy

and Arvind Singhal, chairman, KSA Technopak. The newspaper’s columnists include

Surjit Bhalla, Latha Jishnu, Sunil Jain and AV Rajwade.

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Apart from a business newspaper, BSL publishes several periodicals, including BS

Motoring, Indian Management, Asian Management Review, a quarterly publication, and

Business Standard in Hindi. The Hindi newspaper is published simultaneously from

seven centres – Mumbai, Delhi, Chandigarh, Lucknow, Bhopal, Patna and Kolkata.

Business Standard also has a regional language business website – www.bshindi.com.

The company sees content creation, content processing and content management as its

core competence. It offers complete outsourcing solutions for organisations which want

to bring out in-house or private publications but lack the people and/or resources to do it

cost-effectively.

The web properties of BSL, including the online edition of Business Standard, include

businessstandard.com.

At business-standard.com, you have access to one of the best repositories of Indian and

global business news. Apart from the flagship publication, the website also features

content from The Smart Investor (weekly), The Strategist (weekly) and BS Motoring

(monthly).

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Business Standard

From Wikipedia, the free encyclopedia

Jump to: navigation, search

Business Standard is a financial daily from Business Standard Ltd (BSL). It is published

in two languages (English and Hindi) from 14 centers in India. The main English edition

comes out from 12 centres - Mumbai, New Delhi, Kolkata, Bangalore,Chennai,

Ahmedabad, Hyderabad, Chandigarh, Pune, Lucknow, Bhubaneswar and Kochi - and

reaches readers in over 1,000 towns and cities across the country.

Started in 1975 by the Ananda Bazar group in what was then Calcutta, the paper was

hived off as a separate company in 1996, and then bought by Mumbai-based financial

investors, after which it began a phase of rapid expansion with the launch of new

editions.

T.N. Ninan has been the editor since 1993, after he moved over from the editorship of

The Economic Times. Business Standard sells 184,000 copies daily, making it the second

largest out of six financial dailies in India. It has a reputation for reliable reporting and

responsible journalism, as well as for its stimulating page of analysis and editorial

comment. It has pioneered the ranking of the wealthiest Indians (in the Billionaire Club),

and offers along with the paper free monthly magazines on motoring and aviation. In

2006, the paper started its Sunday edition from three publishing centres.

The Hindi paper is a first. Launched in February 2008, it comes out from seven centres,

stretching from Mumbai in the west, and running across the Hindi heartland, to Kolkata

in the east. The paper is edited by Bhupesh Bhandari.

The newspaper's website is business-standard.com, through which visitors can also

access the Business Standard e-paper, with a choice of editions. BSL also publishes

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periodicals, including BS Motoring, Indian Management and the Asian Management

Review.

References

About us, Business standard

Summary of Informational Resources   : Review Of India Business News Media,

India Unlimited

Center for Asian Studies. The University of Texas

at Austin.

about business standard

Business-standard.com is the leading publisher of India’s leading business daily,

Business Standard.

Business Standard is the country's respected business daily, being the first choice of

serious business readers. It is published in colour from all the twelve centres in India —

Mumbai (formerly Bombay), New Delhi, Kolkata (formerly Calcutta), Bengaluru

(formerly Bangalore), Chennai (formerly Madras), Lucknow, Chandigarh, Ahmedabad,

Kochi, Bhubaneswar, Pune and Hyderabad.

The newspaper believes in free, fair and independent journalism and strives to inculcate

these values in its editorial staff. The journalism practised by Business Standard lays

equal stress on quality, credibility and accuracy.

Business Standard has the country's best economic journalists and columnists working for

it. It is edited by T.N. Ninan, perhaps India’s best-known business journalist, who had

earlier undertaken a complete and highly successful revamp of The Economic Times and

was responsible for its phenomenal growth.

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Among the other senior journalists in the team are A. K.Bhattacharya, former editor of

The Pioneer and associate editor of The Economic Times, and Shyamal Majumdar,

former resident editor of The Financial Express.

Business Standard’s stable of specialist contributors includes some of the sharpest minds

in economics and business. Among them: Shankar Acharya, former chief economic

advisor, government of India; Subir Gokarn, chief economist, Crisil; Deepak Lal,

professor of economics, UCLA; Bibek Debroy, director, Rajiv Gandhi Institute for

Contemporary Studies; Suman Bery, director-general, National Council of Applied

Economic Research; Alexander Nicoll, assistant director, International Institute for

Strategic Studies; and Arvind Singhal, chairman, KSA Technopak. The newspaper’s

columnists include Surjit S Bhalla, TCA Srinivasa-Raghavan, Sunil Jain and AV

Rajwade.

Apart from a business newspaper, BSL publishes several periodicals, including BS

Motoring, Indian Management, and Routes: the Gateway Magazine (a lifestyle

magazine).

The company sees content creation, content processing and content management as its

core competence. It offers complete outsourcing solutions for organisations that want to

bring out in-house or private publications but lack the people and/or resources to do it

cost-effectively.

The web properties of BSL, including the online edition of Business Standard, include

business-standard.com and bsmotoring.com.

At business-standard.com, you have access to one of the best repositories of Indian and

global business news. Apart from the flagship publication, the website also features

content from The Smart Investor (weekly), The Strategist (Weekly), Ice World

(Fortnightly), Indian Management (Monthly), BS Motoring (monthly) and Routes: The

Gateway Magazine (Monthly).

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Anil Dhar: Security lies in the detail

'We should be prepared for any eventuality'

Sreelatha Menon: Doc in a box

Michael R Sesit: Madoff shows banks must become whistleblowers

T N Ninan: Not the bottom

Ashok Parthasarthi: The sun is 'indeed' bright

Sunil Sethi: A page-turner in Pink City

V V: The good, the bad and the ugly

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COMPETITVES STRUCTURE OF NEWS CHANNELS

The competitive structure of NEWS CHANNEL is a very important business

environment. Identification of forces affecting the competitive dynamics of and industry

will be very useful in formulating strategies.

According to michel porters well known model of structural analysis of industries the

stae of competition in and industry depands on five basic competitive forves,viz.

1. Rivalry among exiting firms

2 Threat of new entrance

3Threat of substitutes

4Bargaining power of suppliers.

5Bargaining power of buyers.

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CONSUMER BEHAVIOR

(1) PRODUCT:

Services are products, even though intangible, they are hings and service marketrs must always remember that consumers do not buy any products; they buy attributes that are converted into benefits. Legal services, medical care, hair styling, or brokerage services are more likely to be specility services and for these customers may be wiling to go to considerable lengths to acquire the special attributes or benefits they deem essential for full and complete satisfaction. Many services are custom designed products. Services are intangible and heterogeneous and cannot easily be separated from their producers. Intangible dominant products like services cannot be stored nor can they taransported.It is difficult to brand

2 PRICE

Most services marketers follow competitive price policies, pricing their services either at the market price or slightly below. Pricing about the market price is generally employed by larger services firms or by all firms who wish to use price as a means of rationing the supply of their service offerings. The market for tangible dominant products may actually consist of there or four separate segment which are price sensitive and responsive. Flexible pricing seams much more prevalent in the marketing vary, but typically the pricing goal of market it to maximize profits for each sale not necessarily the wisest pricing practice. Other pricing of goals of marketers are to (1)atact new usuness and (2) increase sales volume.

In summary, pricing is service-oriented enerprises is usually demand oriented with many sellers charging what the traffic bear. But in general pricing in particular may be their weakest and least developed marketing skill.

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3PROMOTION

Promotion is an important part of the marketing mix for many marketers. The key to successful promotion. Whether it is advertising or personal selling is beneficing the product. Intangible dominant products such as services offer a challenge to the promotion manager.To successfully promote such as service,they are often personalized.

To successfully promote service,they must be made to have a favourable positive image constructed to project attributes of the service.Promoting the service marketer’s image is abit like “Selling the sizzles and not the steak” . Sellers are often expected to be knowledgeable professionals can give needed advice and counseling.market oriented publicity is also used extensively for such service oriented product as enterainment and sporting events. No service marketer whould overlook the opportunity to positively affect public opinion through its news releases or its staged activity design in past to alter publicpercetion or other wise modify behaviour.

4) PLACE

Channels of disitrion for intanant dominant product such as services are generally limited to the buyers and sellers channels of distribution for services are direct and short, this is, from market direct to ultimate cosumer.

In a service oriented “produt” however, it may be more fitting to consider that any extra corporate entity between the producer of service and procpective users which is untilized o make the service available and or more convenient is a marketers shoud perhaps take a fresh look at the channels of distribution for service as distinct from the channel concepts employed for goods.

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5) PEOPLE

The people factor in the service marketing mix is perhaps the least they can rely on its getting their marketing mix “right”and the most important. One they have to get right.

Service personnel are present at two levels within the organization. Contact personnel and support personnel are those individuals whom the customer sees such as waiters or receptionists and whom the customers judge the service upon when they search for tangible clues as to the quality of service. The value they attribute to the service relies a grate deal on the conduct of the contact personnel. Employees need ti become ‘ambassadors for the organisation’ as the quality of the service and the quality of the service providers are inseparable.

8) PROCESS

The process element of the service marketing mix is concerned with way in which the service is delivered to the customer. The inseparability characteristic of service has an important implication for how the service company personnel deliver the service to the customer and how the customer participates in the service delivery process.The “auxiliary” aspect of the service that is the added value of the service, become an important competitive wepon in differentiating the service from competious . when the service is experienced by the customers. There fore, the overall effectiveness of the service process fundamentally depands on how the consumers use the service which have been defined as acts rather than things and this casts some light on the concept of “process”many benefits from service occur not so much as a result of what is offered, as in the way of which it is offered.

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7) Physical evidence.

Since a service is intangible, it is important for the company to search for tangible or physical clues which enable them to evaluate the opportunities. Service firms must be in gandhinagar &Ahmadabad ware that every aspect of the company will affect the consumer when he comes into contact with the service.

There are two types of physical evidence.

- Peripheral evidence- it is usually possessed as part of the purchase of a service , but it has little or no independent value

- Essential evidence - unlike peripheral evidence it cannot be possessed by the consumer.How ever,essential evidence may be so dominant in its impact on service purchase and use that it must be considered virtually an element in its own right.

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Threat of entry

A growing industry often faces threat of new entrants that can alter the competitive

environment. There may, however, be a number of barriers to entry. Potential competitive

tends to be high industry is profitable or critical, entry barriers are low and expected

retaliation form the exiting firms is not serious.

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The following are some of the important common entry barriers.

1. Government policy.

2. Economies of scale.

3. Cost disadvantages independent of scale.

4. Product differentiation.

5. monopoly elements

6. Capital requirements.

Rivalry among exiting competitors

Rivalry among exiting competitors is often the most conspicuous of the

compititions.firms in industry are “mutually dependent” – competitive moves of a firm

usually affects others and may be retaliated . Common competitive actions include price

changes, promotional measures, customer service, warranties, product improvements new

product introductions channel promotion etc.

There are number of factor, which influence the intensity of rivalry .these includes;

1. Number of firms and their relative market share strengths etc.

2. State of growth of industry

3. Fixed or storage costs

4. Indivisibility of capacity augmentation

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5. Product standardization and switching costs

6. Strategic stake

7. Exit barrier

8. Diverse competitors

9”.switching costs

10. Expected retaliation

Threat of substitutes

An important force of competition is the power of substituts.”Substitutes limit the

potential returns in and industry by baling a ceiling on the price firme in the industry cans

profitability charge. The more attractive the price performance alternative offered by

substitutes, the firmer lid on industry profits.”

Firms in many industries face competition form those marketing close of distant

substitute. Porter points out that substitute products that most attention are those that

(1)are subject to trends improving their price-performance trade off with the industry’s

product, of(2) are product by industries earning high profits.

Important determinants of the buyer power, explained by porter,are the following .

1. The volume of purchase relative to the total sale of the seller.

2. The importance of the product to the buyers in terms of the total cost.

3. The extent of standardization of differentiation of the product.

4. Switching costs.

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5. Protentil for backward integration by buyer

6. profitability of the buyer (low profitability tens to pressure costs down)

7. Importance of the industry’s product with respect to the quality of the buyer’s

product or service.

8. Extent of buyers information.

Bargaining power of suppliers

The important determinants of supplier power are the following

1. Extent of concentration and domination in the supplier industry.

2. Importance of the product to the buyer.

3. Importance of the buyer to the supplier.

4. Extent of substitutability of the product.

5. switching costs.

6. Extent of differentiation or standardization of the product.

7. Potential for forward integration by suppliers.

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RESEARCH FINDING AND CONCLUSION

INTRODUCTION TO RESEARCH

Research can be defined as “logical and systematic application of the fundamental of

science to the general and overall question of a study, and scientific techniques which

provides previous tools, specific procedures and technical, rather than philosophical

means for getting ordering the data prior their logical manipulation.”

Research seeks to find explanations to unexplained social phenomena to clarify doubtful

and correct the misconceived facts of social life.

Research represents “A systematic method of exploring actual persons and groups,

focused preliminarily on their experience with in their social circle which permit stating

proposition in the form, thus the research defined as logical and systematized means or

techniques to discover new facts and verify old facts and analyse their sequence,

interrelationship and explanation which were derived with an appraise theoretical frame

of reference, develop new scientific tools concept and new theories which would

facilitate reliable and valid study of human behaviour about any thing.

To study the effect of TV news channels on the stock market investors we did a survey of

the investors through a questionnaire and a study of the top three TV news channels. In

this surveys we took 100 investors so the total sample size is 100.

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INTRODUCTION TO RESEARCH ANALYSIS

After the collection of the data the next task of the research process is the analysis of

collected information from the customers and dealers. The questionnaire form Is process

and eddied to analyzing purpose.

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Research Questions

1 According to you, which is the most popular type of investment?a. Share 62%b. Gold 24%c. Commodity 10%d. Others Specify – 4%

The sample served shows that majority of group is invest in share. The second investment option is gold as gold is fixed deposit. And the other two commodity and other things have less important for investment.

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2 Which type of media highly influences the investors?a. Television 60%b. News Paper 35%c. Magazine 3%d. Other 2%

Most of the investor prefers television for selecting their investment. As TV is always shows thing as they happen & it is readily available for all investor. After that newspaper has the influence as it describes the things in deep and all detail. Magazines have less important because in publish once in week or in fortnight.

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3 Which channel do you prefer to watch?a. CNBC TV 18 45%b. CNBC Awaaz 25%c. NDTV PROFIT 26%d. Other 4%

It is found that CNBC TV 18 is hot favorite among the investor. CNBC Awaaz & NDTV profits are less favorable as compare to the CNBC TV 18.

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4 Which News Paper do you prefer to read?a. Business Standard 55%b. Financial Express 36%c. Other 9%

In the field of daily Business Standard is very favorite among the group surveyed. After that Financial Express is second position.

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5 Do you invest in stock? a. Yes 85% b. No 15%

About 85 percent of surveyed group is investing in stock. And the remaining 15 percent are not invest because of awareness or fear of loss

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6 Through which network do you invest in stock market?a. Angel Broking 36%b. Share Khan 34%c. ICICI Direct 13%d. Other 17%

Most of the investor find the Angel Broking as the best network through which they invest in the stock market .share Khan is the very near to Angel Broking in networking.

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7 Which existing channel do you think is most popular among the investor?a. CNBC TV 18 45%b. CNBC Awaaz 30%c. NDTV PROFIT 22%d. Other 3%

CNBC TV 18 is found to be the most popular channel among the maximum number of investor. Most of the investor prefers to watch such stock market news with better analysis. After that CNBC Awaaz is on second position for the popularity of channel. NDTV is on third position.

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8 Which channel paints the true picture of the stock market for investor?a. CNBC TV 18 40%b. CNBC Awaaz 32%c. NDTV PROFIT 26%d. Other 2%

Most of the investor believe in the authentically of the channels CNBC TV 18 then the channel CNBC Awaaz with 32% and NDTV Profit follows it with 26% lastly other channels with 2%.

9 Which program of the channel effect your decision about investment?

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Channel Interactive News Market analysis

Total

CNBC TV 18 23% 32% 45% 100%

CNBC AWAAZ

26% 52% 22% 100%

NDTV PROFIT

44% 38% 18% 100%

As shown in the chart most of the investor is news oriented. They only see about the news of the company position, its financial status, management, share prices etc.

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10 Are you satisfied with the channel performance?a. Yes 94%b. No 6%

From the survey it is found that about 94% of the TV viewer from investor is satisfied with channel performance.

CONCLUSION

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1) During our project we learned about the needs, wants and demands of the investors with

regards to the TV news channels and the value of the telecasted stock market programs

for them. Which channel and what kind of program satisfies their needs?

2) We come to the conclusion that the beginners in the stock market prefer, to watch the

programmes on the NEWS CHANNELS THAT THROWS light on the investment

opportunity rather than those who have been regular player in the field. So, it means that

the starts are benefited by those programmes to a great extent. The programmes play

positive role for them their investment decisions.

3) When we went into deep to learn more about which programmes those investors watch

more we reach to the following inference:-

3[A] NDTV profit

In this channel following are the programmes that are often viewed by the investors:-

a) opening moves (10:00 AM to 10:30 AM) as the market opens at 10:00 am

and the transaction takes place at a fast pace every investor wishes to know what are the hot

favorites is the stock market as in which one they should invest, so mostly the investors

(beginners) watch the OPENNING MOVES.

b) D street this week (Saturday 9:00 to 9:30 pm) (Sunday 1:00 to 1:30 pm)

As on Saturday & Sunday there occurs no transaction. The program D Street this week

where D street stands for Dalal street, gives an overall review about the stock market. It

keeps the investor informed about the latest trend in the market and also mentions to them

how the market will respond in the coming week and that is what the investor more

interested to know.

3[B] CNBC Awaaz.

AKHRI SAUDA

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This is the stock and market wrap up show. The show tracks market movements throughout the

day and analyses the ups and downs with experts, which is supported extensively by graphics to

give their explanations of the cutting edge.

The basic idea of the show is to help the viewers with the proper tools to track a fairly informed

decision.

The bonus for viewers (investor) is that this is a show where the viewers can call in and get their

queries answered by experts.

PAHELA SAQUDA

The programme that analyses the relative strength and weakness of stock which are in the news.

3[C] CNBC TV-18

BAZAR MORNING CALL

This show track the opening of Indian markets gives you the information to make the early start

in the market. In short those go the tone for investor’s day ahead.

YOU’RE STOCK [thesday-Friday @ 8:30]

In this the anchors and experts analyses present their take on stock by shares is from of Q & A

session with retail investor community.

CLOSING BELL

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This is the show that kicks off when the markets shout shop and helps the investors to find out

the reasons behind the day developments and gets the scoop on what’s in the tock for investor the

day after.

So, the investors who have just started investing are religious about these shows and they act

positive for the investor.

4] We studied the Indian stock market and answer behaviors as per the risk as insert.

The rational investors invest is efficient portfolios depends in the risk returns trade off for the

investors and such over investors seeks risk free opportunities with positive risk Permian.

5] The ticker available onscreen of all the tree TV news channels a lot to the investors. When

asked why? They replied that they can get any information any time they just have to switch on

the TV and bang! You have information that you wanted right there of you.

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BIBLIOGRAPHY

BOOKS:

Security laws and regulation of financial management

The institute of company secretaries of India

Business environment

Frencis and cherunilam

Marketing research

Devid J Luck

Ronad S Rubin

Financial management

B.S. shah

Indian financial system

V.H. Bhole

Financial manager

M.Y.Khan & P.K.Jain

Capital market management

V. A. Avadhani

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MAGAZINES:

Business today

Business world

Business outlook

Vision

Prep talk

NEWS PAPERS:

Business today

D.N.A. Money

Economic Times

NEWS CHANNELS:

N.D.TV profit

C.N.B.C awaaz

C.N.B.C TV 18

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INTERNET:

www.Google.Com

www.Bse.com

www.sebimoney.com

www.money control.com

www.cnbc TN 18 .com

www.icsi.edu

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COPY OF QUSTIONNAIER

QUESTIONAIRE

N.B:

1. The information received will be used for the purpose of research only and will be treated as confidential.

2. Please tick (√) in appropriate boxes for ‘YES’ response and leave the boxes blank for ‘NO’ response.

PERSONAL INFORMATION:

Name:

City:

Profession:

1) Businessmen

2) Farmer

3) Student

4) Housewife

Age:

1) Below 20 Years

2) 20 to 30 Years

3) 40 to 60 Years

4) 60 & above

Sex/Gender

1) Male

2) Female

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Annual Family Income

1) Below Rs. 50,000

2) Rs. 50,000 to Rs.1, 00, 000

3) Rs.1, 00,000 to Rs.2, 00,000

4) Rs.2, 00,000 & above

Investment

1) Below Rs. 10,000

2) Rs. 10,000 to Rs.25,000

3) Rs.25,000 to Rs.75,000

4) Rs.75,000 & above

Research Questions

1. According to you, which is the most popular type of investment?

1) Share

2) Gold

3) Commodity

4) Others Specify –

2. Which type of media highly influences the investors?

1) Television

2) News Paper

3) Magazine

4) Other

3. Which channel do you prefer to watch?

1) CNBC TV 18

2) CNBC Awaaz

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3) NDTV PROFIT

4) Other

4. Which News Paper do you prefer to read?

1) Business Standard

2) Financial Express

3) Other

5. Do you invest in stock?

1) Yes

2) No

6. Do you trade Daily?

1) Yes

2) No

7. Through which network do you invest in stock market?

1) Angel Broking

2) Share Khan

3) ICICI Direct

4) Other

8. Which existing channel do you think is most popular among the invester?

1) CNBC TV 18

2) CNBC Awaaz

3) NDTV PROFIT

4) Other

9. Which channel paints the true picture of the stock market for investor?

1) CNBC TV 18

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2) CNBC Awaaz

3) NDTV PROFIT

4) Other

10. Which programs of the channel affect yoyo decision about investment?

CHANNELS INTERACTIVE NEWS MARKET ANATYSIS

1)CNBC TV 182)CNBC AWAAZ 3)NDTV PROFIT

11. Are you satisfied with the channel performance?

1) Yes

2) No

Suggestion:

Problem. David gautlett Fi-d-no relationship 1- between- and behaviour. This research

work is published by institute of understanding. Television’s influence and effects.’

However many commen-tors mo- lise- and politician are likely to ignore the finding of

this report.

Hype band and s- band

Hyper- band or s- band is different from traditional VII,VL,UHF bands cable operator

today use bands between VHF high an VHF low. TV sets must have an electronic tuner

with s- Band or must be connected to converts are not a perfect answer. They do not tune

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well. Electronic tuners scan the available frequent and select a particular signal from

many Picked up by the antenna. Electronic tuners, are in some tuners each channel has to

be stored in auto search memo tune, all available channels are tuned and memorized

automatically it is more user friendly.

TV commercials

TV commercial is the adverting message that is carried in a limited time span of 10-

seconds, 30-seconds or 60-seconds. The copy of the commercial includes the audio part:

the words spoken by characters and the video part consisting of the visuals, action and

camera cues. TV copy also includes music and sound effects.

In the TV commercial eye advertiser in effect may be visible on the screen, may chat

with the prospects and display the product, including a demonstation of its performance.

TV adverting is very nearly face to face personal selling, except that the communication

is one way, and the viewer’s feedback or reaction cannot be received by the advertiser

while he is on air.

TV copywriters have to visualize the picture and movements, and they should, therefore,

have an understanding of the production process.

Though TV is an advertising medium, t is also an entertainment medium. The

commercial must have entertainment values, but at the same time must not obscure the

sales message that is being conveyed.

TV commercial are produed at a great cost and the props. This is pre- production or

pre-shooting phase.it generally tkes from one to three weeks. This is followed by a

shooting phase of four to ten days. This is called the production stage. After the

commercial is compate, it is subjected to the post production process consting of eding,

dubbing, special effect and super impositions.

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TV sells its adverting time in term of 10-seconds spots or its multisks or as free

commercial times (FCT) along with sponsored programmes. The DDgets revenue from

the sponsor for using FT. the sponsor has to bear the revenue charged by the DD and the

cost the programme. Alternatively, a private producer/ production company gets

advertising time which he sells to the advertisers to recover his costs production as well

as fees.

The TV company may buy software outright, e.g., regaht to telecast a filam. The TV

company then sells ad times.

Tgere are iddlemen- timesellers-who buy up programmes from the producers on a

minimum basis, and then sell these to advertisers and agencies, e.g., outfits like prime

time show time and Multi-channel. These companies have two separate marketing teams,

one for marketing the software to the channel and the other to market the programme to

the advertiser. Marketing at the channel end is essentially an understanding of the

individual channel’s programming needs. Marketing at the advertisers end is more of the

media marketing function.

The readers will appreciate that TV commercial are aired before the programme, at the

end of the programme and during the course of thr programme by taking what is called a

commercial breaks. TV programmes are generally serialized, and called teleserials.

Though DD itself has telesrrial producers, we consider a teleserial producer as an

indepent individual who evolves a script and gets approval f the TV channels to become a

advertises who are generally reputed organization in the private as the via medium. He

makes a pilot prototype, gets approval of the channel. He cans the first few episodes

Before getting the allotment of the time slot. The common practice is to take 50 percent

of the agreed price from the ad agency/ sponsor maybe, the agency accepts full price

from the sponsor, amd deploys the fund to other. If them is no working capital

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management at the agency, the producer if lay get nightmares. Concept of serials,

beginning with hum log.

The channel itself may commission the TV serial production by providing the

finance. Later, the channels get the advertising supports.

There are several genres of laterals, the moatp lottthem is what is knott as soaps opera.

The other type of teleserials am lashaws, music shows, game shows, biographies, etc. the

teleserials really speaking constkute. The software of the TVchannel.

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Classification of software servicing industry

The firm in the TV software business can be broadly classified into the following four

categories.

1] Flm4njw3oy based producn R.K. television, sppy, sagan.

2] TV software companies: plus channels, united television, nimbus, NDTV.

3] PUBLISHIND HOSES IN SOFTWWE MARKE: TV today.

4] Multi national modi-walt Disney, sony.

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Pricing of software

There are basically three type of contract the software firm can have with a TV channel:

1] Barton

2] Cost plus:

3] None exclusivity outsidev the satellite zone.

The DD tariff shows that the ad time is sold in terms of super A, A and B categories of

progmme. There are enhancecj rates for prime time telecast.

Selling of programmes against minimum gurantee

DD now insist on minimum guarantee on its network programe. The producers do make

good money. DD flow demands a share from the producer’s profits. DD get from 13pl

EK sc Badhkar EK Rs.21 lacs a wcckas minimum gurantee, Rs.23 lac from junooi- and

Rs.10lacs from Alif Laila. All programmes do not make profits. Sonic, ofcourse, do.

Do2’s junoon, and super lilt Muqabala Rs.18 lacs every week.

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Infomercials

Infomerejals are programme lenth cornt- ercials. Infornircials as an advertising tool have

caught the attention of clients and agencies in the US.

Informecials re used to sell product successfully over the phone, refer consumers to

retailers or send custmers coupons or product information. Infoniercial are being

produced for TV- they are longer and pass on much information to provoke consumers to

action. Most informercial are of half hour duration. Informercial are highly effective for

relationship marketing. Between 450-500 new informercials go on air in a year now, compared

with about 250two or three years back. Total revenues for this industry have reached an estimated

S 900 million in 1993. Broadcast TV is the preferred media for informercials. Production costs

have gone up as high production values are now associated with informecial.

Informercial companies establish a market for their companies on air and proft from

accompanying or subsequent sales through otheroutlets Informercial are recommended

to builda long-lasting relationship with Clients and not for a single contact sale.

Infomercials format has proven Successful for certain groups of products

housewares,cosmeties, exercise Equipments and self-improvement courses.estee

Lander is testing an Infomercial for its origins skincare line. S. K. Beecham prometed

sominex sleep-aid products through an informecial. In case ofSominex, Infomercials

have been used to build brand awareness, though traditionally informercials have been

used to sell direct. Informercials invariably have a direct response element in their shows.

With inrmercials, consumers are takin the the first step towards electronic superhighway.

When extended further, infomercials will lead to market programming to the extent

of having an exclusive channel about cars.TV in future, will be interactive- it will not

be invasive TV but it will be TV by invitation.

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Philo Taylor Farnsworth: the father of television

This brilliant American, though not as well recognized Alexander Graham Bell and Alva

Edison was responsible for developing his idea of TV in 1922. there were others who

were trying to transmit image through whirling disks and mirrors- a mechanical process.

Fransworth had realized that image could be transmitted by electronic means. His

chemistry teacher Tolman inspired him. Mechanical transmission of short distance has

been made possible by Britai’s John Braid its 1934.

Zworykin of Westinghouse was first though of electric transmission. He explained how

to focus the image to be transmitted on the photo-electric surface of a vaccum tube. Each

point of the image, under proper control, would spin off electrons corresponding to that

could oscillate two million times per second.

Fransworih established financial partnership with EVCFSON and Grorell, the two

Businessmen from san franciso to set up a rearch laboratory in Los Angles. In 1926, Mou

Smith, an authority on elecrophysics endorsed the idea as scientifically sound. They

asked the attoneys to begin a patent search. Fransworth was further assisted by Crocker

National bank to set up a laboratory in a san Francico Loft. Fransworth and his handftil of

commercial assistants transmitted a black- triangle on sep. 7, 1927, which was followed

by the transmission of a dollar sign three months later to their bankers.

Zworykin of Westinghouse appreciated the dissector tube, the main component of a TV

camera when he visited the laboratory of Fransworth. Zworykin persuaded RCA to fund

his own research on similar lines. Both RCA and Westinghouse tried to persuade

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fransworth to sell his patents, and there was litigation. They tried to usurp his invention.

In 1938, Fransworth’s patent was awarded priority by thr US patent office. The scanning

tube is the precursor of commercial TV camera, RCA lost in the patent battle. Fransworh

television owned more than 75 crucial patents. Among the Fransworth patents being used

even today.

In 1949, Fransworth sold his patent to international telephone and telegraph in

Philadephia, and become head of its reseach department. He worked on nucler fusion

process, which became the precursor of the hydrogen bomb. His health started to fail, and

heexpired on march11, 1971.

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