• Hero Honda-ITA Awards: Industry's second TV awards mark their presence

    The Indian television business witnessed its second awards ceremony for this year yesterday - The Hero Honda-Indian T

  • ICICI CEO K.V. Kamath named CNBC Asia Business Leader

    Submitted by ITV Production on Nov 30

    ICICI‘s K.V. Kamath: Top Gun

    CNBC has been taking an increasing number of off-air initiatives to further strengthen its bonding with its core audience: the business news viewer. Earlier this year (6 July) it organised the Managing India Brainstorm in Mumbai. For the past couple of months it has been plugging its Business Leaders Awards which were organised by CNBC Asia and TNT.

    Held for the first time by CNBC Asia and business logistics solutions company TNT and aimed at rewarding excellence in the corporate arena, the awards honour executives and industry leaders for contributions made in their respective spheres.

    Raffles Hotels boss Richard Helfer: The good citizen

    According to the channel, more than a thousand nominees were received and the 10 finalists were chosen by a panel headed by economist Lester Thurow. The finalists were chosen based on the roadmap they charted for their respective companies as well as their ability to manage diverse talent in a difficult job market. The theme of the awards, held at Singapore, was ‘Reinventing Corporate Asia‘.

    Neptune Orient Lines boss Flemming Jacobs: Peers‘ choice

    Four Indians figured in the final list: ICICI CEO & managing director K.V. Kamath, Infosys head N R Narayana Murthy, Wipro chief Azim Premji and Satyam Computers‘ B Ramalinga Raju.

    Today, the business news channel announced the winners. And ICICI CEO & managing director K V Kamath emerged tops and was named as ‘Asian Business Leader of the Year‘, beating back a host of other candidates from Asia.

    Mazda Motor‘s Mark Fields: The innovator

    A jubilant Kamath told CNBC India after bagging the award that "the award was for Team ICICI. ICICI is technology-led but the challenge lies in driving it at a healthy pace. We have modern systems with no legacy. We are not afraid to make changes. We have a healthy growth engine in retail and corporate and retail can only grow in the coming year. We don‘t have any problems which have arisen on account of the merger between ICICI and ICICI Bank. ICICI is 45 years old but the average age is 32 years.. we have the best talent base. "

    Other winners of the Asian Business Leader Awards included Mazda Motor Corp president Mark Fields who was named Corporate Citizen of the Year. Singapore-based hotel group Raffles International CEO Richard Helfer walked away with The Innovator of the Year Award, while the prestigious CEOs‘ Choice Award was bagged by Neptune Orient Lines‘ CEO Flemming Jacobs.

    The awards show sponsored by Citibank and Avaya on CNBC showed at 7 pm and was repeated at 10 pm.

    All Pictures courtesy CNBC Asia

  • ICICI CEO K.V. Kamath named CNBC Asia Business Leader

    CNBC has been taking an increasing number of off-air initiatives to further strengthen its bonding with its core audi

  • Star gets into the act with Channel Nine Gold library

    Submitted by ITV Production on Nov 30

    Channel Nine Gold‘s loss has been Star‘s gain. Star Plus, which started airing two soaps from the library acquired from the now defunct company, will commence airing Sanjay Khan‘s Jannat , from 8 December at 7 pm.
    Jannat is part of the Nine library bought by Star after Channel Nine Gold fell out with pubcaster Doordarshan and stopped operations in September this year. Kabhie Souten Kabhie Saheli and Kundali, the two other serials from the Nine stables, have started telecast on Star Plus from November and are reportedly doing well. indiantelevision.com had reported earlier this month that Star had paid only 20 per cent of the actual valuation of the library. The library is valued at around Rs 120 million.

    Most of Channel Nine Gold‘s soaps were doing well on DD Metro before they were stopped abruptly. Star stands to gain from the telecast of these serials which already had a loyal following among DD Metro‘s audiences.

    Jannat, a daily soap that goes on air from next Saturday, had a 37 episode run on DD Metro, follows the trials and travails of a Muslim family. The couple‘s desire to have a child is thwarted by the wife‘s inability to bear one. Predictable tussles follow after the man agrees to his wife‘s request to get married once again.

    Kabhie Souten Kabhie Saheli which airs Monday to Friday at 3:30 pm, deals with two friends who are close despite their differing backgrounds. As the story progresses, both get married to the same man. Once the cat gets out of the bag, the two women scheme a revenge plot to get even. Kundali, another program from the Nine library, deals with a strikingly similar theme. The serial explores different events which shape the direction of our lives. Two sisters, married into the same household, suffer at the hands of a wrathful mother-in-law. The family quibbles come to the screen every Thursday at 8 pm.

  • Star gets into the act with Channel Nine Gold library

    Channel Nine Gold's loss has been Star's gain.

  • Cinevista rolls into the red in H12001

    Submitted by ITV Production on Nov 30

    The bad times in the television business have got to Cinevista Communications as well.

    Cinevista, a leading television programme producer, has reported negative results with a net loss of Rs 34.50 million in the first half (H1) ended September 2001. Total income for the half-year ended 30 September 2001 stood at Rs 110.2 million as against Rs 253 million for the same period last year.

    The company has posted a net loss of Rs 34.5 million, against a net profit of Rs 30.80 million for the same period last year. Cinevista had posted a sales growth 55 per cent and a growth of 44 per cent in profit after tax for the half year ended September 2000 over the same period the earlier year. The current year‘s figures stand out in stark contrast with these figures.

    The Cinevista scrip was down 4-7 per cent yesterday on the Bombay Stock Exchange. The scrip moved beteen Rs 45 and Rs 42 and closed even lower at Rs 42.50 with close to 6200 shares changing hands.

    The television industry has started feeling the heat of deteriorating market conditions as is evident by the half yearly results shown by many media related companies. The bad times are probably just beginning for the industry.

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