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Post Reliance Industries’ takeover, ICRA revises Network18’s ratings

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MUMBAI: It was only a few days ago that Reliance Industries announced the takeover of Network18, and the effects of the acquisition can already be seen. In a statement to the Bombay Stock Exchange (BSE), the media house has said that independent and professional investment and credit rating agency ICRA has revised its current ratings of the company.

 

Network18 media and investments’ long term rating has been changed from ICRA BBB+ to ICRA A. Meanwhile its short term rating which was at ICRA A2+ is now at ICRA A1+. This for Rs 140 crore bank facilities of the company. “The outlook on the long-term ratings is revised from ‘stable’ to ‘positive’,” states the announcement.

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The fixed deposit programme of the company has been revised from MA- to MA with its outlook on the medium term rating revised from ‘stable’ to ‘positive’. The commercial paper of Rs 100 crore of the company was reaffirmed as ICRA A1+.

 

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On the other hand, Network18’s subsidiary TV18 also saw its ratings being revised. The credit rating for the fixed deposit of the company has been revised from MA- to MA with medium term outlook changed from ‘stable’ to ‘positive’.

 

The long-term rating for bank facilities of Rs 370 crore of the company has from ICRA BBB+ changed to ICRA A. Outlook on long-term rating is revised from ‘stable’ to ‘positive’.

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Credit rating for the commercial paper of Rs 200 crore has been reaffirmed as ICRA A1+.

 

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Reliance Industries has now given an open offer that will go on till July.

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Kamlesh Singh receives Haldi Ghati Award from MMCF

India Today Group editor honoured for three decades of journalism at Udaipur ceremony.

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MUMBAI- Kamlesh Singh just turned a lifetime of sharp words into a shiny shield because when journalism wakes up a society, even the Maharana of Mewar wants to pin a medal on it.

The Maharana of Mewar Charitable Foundation (MMCF) conferred its prestigious Haldi Ghati Award on Kamlesh Singh, a senior editor at the India Today Group, during a ceremony in Udaipur on 15 March 2026. The national award, instituted in 1981-82, recognises “work of permanent value that initiates an awakening in society through the medium of journalism.”

Singh, who leads several editorial initiatives including Aaj Tak Radio, the Teen Taal community and The Lallantop, was presented the honour by Lakshyaraj Singh Mewar, Managing Trustee of MMCF. The citation highlighted his three decades of contributions to Indian media, innovations in digital journalism, mentoring young reporters, and his popular podcast persona “Tau” on Teen Taal, which fosters thoughtful public discourse.

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The Haldi Ghati Award, named after the historic Battle of Haldighati symbolising valour and resilience, is one of four national awards given annually by MMCF. Past recipients include Tavleen Singh, Piyush Pandey and Raj Chengappa.

Other honourees this year included Padma Vibhushan Pt Hari Prasad Chaurasia, Vedamurti Devvrat Rekhe, Treeman of India Marimuthu Yoganathan, Vir Chakra Capt Rizwan Malik, and US-based researcher Molly Emma Aitken, who received the Colonel James Tod Award for contributions to understanding Mewar’s spirit and values.

In an era where headlines often shout louder than substance, the MMCF quietly reminded everyone that real journalism isn’t about noise, it’s about the quiet, persistent work that stirs society awake, one thoughtful story at a time.

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