NDTV Profit

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NDTV Profit
NDTV-Profit.png
NDTV Profit
Launched2005
Closed4 June 2017; 2 years ago (2017-06-04)
Owned byNDTV
Picture format4:3 (576i, SDTV)
SloganNews You Can Use.
CountryIndia
LanguageEnglish
Broadcast areaIndia
HeadquartersNew Delhi, Mumbai
ReplacedNDTV Prime
Sister channel(s)NDTV 24x7
NDTV India
NDTV Good Times
WebsiteOfficial Website
Availability
Satellite
Airtel digital TV (India)Channel 305
Tata Sky (India)Channel 520
Videocon D2H (India)Channel 383
Cable
Asianet Digital (India)Channel 432

NDTV Profit Was a business news channel started by New Delhi Television in January 2005.

It has many journalists covering the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE). Furthermore, it also covers the latest business deals and acts as a platform for companies to give their public results, with growth rate, net profit and others. On 14 December 2006, BSE installed one of the largest video screens in India at the BSE building to disseminate capital market information, supported by NDTV Profit.[1]

Leadership Awards[edit]

The NDTV Profit Business Leadership Awards was started by NDTV Profit in July 2006. The first edition of this saw the awards being given away to entrepreneurs by the Indian Prime Minister Manmohan Singh. Nandan Nilekani of Infosys was chosen the Viewers' Choice Best Global Indian. The first American woman to receive the award was the Democratic President's nominee and campus activist, Farah Pandith.

Shutdown[edit]

In early 2017, the Income Tax Department slapped a penalty of 525 crore on NDTV for tax evasion. Many financial scams and cases have been filed against the owners of NDTV by many people and organisations accusing them of involvement in cheating shareholders' money, money laundering and tax evasion by publishing fake profit and loss statement.[2]. Due to these problems they decided to shutdown NDTV Profit.[3] By time of closing NDTV Profit runs as a dual channel with the infotainment channel NDTV Prime and the business channel was completely replaced by NDTV Prime[4]. The executive co-chairperson of the NDTV, Prannoy Roy said that it decided to also transfer its business programmings from NDTV Profit to regular business and financial segments to NDTV 24x7 after the shut down. He also said that the company may look at reviving the business when the circumstances are appropriate but they hadn't ruled out about it.

Competitors[edit]

References[edit]

  1. ^ "One of the largest video screen installed at BSE". OneIndia. OneIndia. 14 December 2006. Retrieved 3 August 2014.
  2. ^ https://www.thehindubusinessline.com/companies/ndtv-profit-goes-off-air-from-june-5/article9718642.ece
  3. ^ https://scroll.in/latest/839456/ndtv-profit-to-go-off-air-from-june-5-and-transform-into-ndtv-prime
  4. ^ https://www.livemint.com/Companies/56dsQNeuq9K7K7pZMqQNTN/NDTV-to-shut-NDTV-Profit-to-shift-business-programmes-to-24.html

External links[edit]