Who broke the story of the troubles of the Zee conglomerate which led to a notional crash in stock prices by as much as Rs 14,000 crore on January 25, which then led to its founder “Dr” Subhash Chandra‘s extraordinary mea culpa? Was it Mohit Bhalla of The Economic Times who set the stage more than a month…
Tag Archives: RIL
18 factoids in ‘Caravan’ profile of Shekhar Gupta
The December “media issue” of Caravan magazine has a 20-page profile of former Indian Express editor-in-chief and shortlived India Today editor-in-chief Shekhar Gupta. Authored by Krishn Kaushik, the profile is titled “Capital Reporter”, with the strapline “How profit and principle shaped the journalism of Shekhar Gupta”. *** # The son of a minor bureaucrat from…
RIL, Network18 & the loss of media heterogeneity
Even as the takeover of Network18 by India’s biggest corporate house, Reliance Industries Limited, receives scant scrutiny in the mainstream media on what it portends in the long term, the journalist and educator Paranjoy Guha Thakurta weighs in, in the Economic & Political Weekly: “The consequence of RIL strengthening its association with Network18 is a…
‘Has media blacked out RIL takeover of TV18?’
As India’s biggest business house Reliance Industries Limited (RIL) goes through the motions of formally taking complete control of one of India’s biggest TV networks, Network 18, the veteran journalist and commentator Kuldip Nayar writes in Deccan Herald: “I was not surprised when television channels did not cover the taking over of a large TV…
Signature campaign against CSDS poll tracker
As the Chinese might say, the Indian media is living in strange times even before the advent of Narendra Modi. The Aam Aadmi Party accuses TV stations of being bought over by Modi. Sting operations reveal that opinion pollsters are willing to up their estimates of Modi for a price. News channels show unedited feeds…
Network 18’s right-wing swing on Caravan cover
The December issue of Caravan magazine has a 16-page cover story on how the Raghav Bahl founded Network 18 has taken a turn towards right-wing politics after its takeover by Mukesh Ambani‘s Reliance Industries. Headlined ‘The Network Effect’ and written by Rahul Bhatia, who authored the Arnab Goswami profile last year, the article chronicles a…
WaPo, Amazon, HT, and the Reliance-TV18 deal
There was plenty of buzz about the Washington Post building being sold to shore up the books. But when the paper’s staff was convened for a meeting on the afternoon of August 5, they were in for a shock: the family-owned newspaper itself was being sold. The sale, to Jeff Bezos, the founder of Amazon.com,…
How the ‘Forbes India’ editors were forced out
SHARANYA KANVILKAR writes from Bombay: The abrupt exit last week of the top four editorial heads of the business magazine Forbes India, including of its editor Indrajit Gupta, has swung the spotlight once again on the questionable—but rarely ever questioned—human resources (HR) policies and practices in Indian media houses. In this case, one of India’s…
‘Network 18’s multimedia Modi feast, a promo’
As news channels bend backwards to give flight to Narendra Modi‘s prime ministerial ambitions, the Indian Express‘ television critic, Pratik Kanjilal, writes on the Mukesh Ambani-controlled Network 18‘s unquestioning schmoozefest with the Gujarat chief minister: “Modi also addressed a business forum in Kolkata, but the big one was the multimedia love-feast organised by Network 18.…
HT wedding unites Ambanis and Birlas
News of a wedding that brings India’s most powerful corporate, Reliance Industries, closer to India’s second largest English newspaper, Hindustan Times, which is headed by the Congress member of Parliament Shobhana Bhartia. From Mail Today, the tabloid newspaper from the India Today group: Mukesh Ambani‘s home Antilia has seen a number of parties in the…
“Reliance has no ‘direct’ stake in media cos”
A screengrab of the official press information bureau (PIB) release on 14 May 2012, on the shareholding of Mukesh Ambani‘s Reliance Industries in media companies. Interesting, if true. Also read: Mint says SEBI looking into RIL-Network18/TV18-ETV deal Rajya Sabha TV tears into RIL-Network18-ETV deal Will RIL-TV18-ETV deal win SEBI, CCI approval? The sudden rise of…
EPW on the RIL-ETV-TV18 deal-within-a-deal
In the latest issue of the Economic & Political Weekly, Paranjoy Guha Thakurta and Subi Chaturvedi weigh in on the nearly forgotten RIL-ETV-TV18 deal, which gives India’s biggest business house control over India’s biggest business news channel, a clutch of news channels, online properties and magazines: “If international best practices are to be followed, cross-media…
Mint says SEBI looking into RIL-TV18-ETV deal
Finally, some critical coverage of the Reliance-Network18/TV18-ETV deal in the business media. Mint, the business newspaper from the Hindustan Times stable, has a story in today’s issue that the stock market regulator, SEBI, is looking into RIL’s financial statements and reports to see if the company had divulged its holding or investment in ETV before…
Rajya Sabha TV tears into Reliance-TV18 deal
The fears over what happens when a big business house with deep pockets and political influence across parties funds a big media house to legitimise its hitherto-hidden media interests, are coming true even before the controversial Reliance Industries -Network18/TV18-Eenadu Television deal can be inked. Obviously, the political class is silent. Obviously, TV18’s competitors won’t touch…
Will RIL-TV18-ETV deal win SEBI, CCI approval?
PRITAM SENGUPTA in New Delhi and KEERTHI PRATIPATI in Hyderabad write: Media criticism in India, especially in the so-called mainstream media, has never been much to write home about. Operating on the principle that writing on another media house or media professional means exposing yourself to the same danger in the future, proprietors, promoters and…
The sudden rise of media mogul Mukesh Ambani
Mukesh Ambani (left) went to sleep last night as India’s richest man and woke up this morning as also India’s biggest media mogul. That, in a nutshell, is the sum and substance of the dramatic announcement by Reliance Industries Limited (RIL) that it was getting into a tie-up with Raghav Bahl‘s Network18. The tie-up means…
The Indian Express, Reliance and Shekhar Gupta
The shadow of Mukesh Ambani‘s Reliance Industries (RIL) has hung heavily over the northern editions of the Indian Express for the last seven years, in a marked departure from the late 1980s when Ramnath Goenka‘s paper was seen as Dhirubhai Ambani‘s chief bully and bugbear. Tongues have wagged incessantly about how well paid Express staffers are…
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