News Broadcasting
BBC launches global financial index
MUMBAI: The BBC has launched its own international stock market index, made up of the top companies from 10 business sectors in the USA, Europe and Asia-Pacific.
The BBC Global 30 is calculated using the share price of the largest listed company by stock market value from the ten most important industrial sectors in each of the three regions, including ‘oil and gas’, ‘basic materials’, ‘industrials’, ‘consumer goods’, ‘health goods’, ‘consumer services’, ‘telecommunications’, ‘utilities’, ‘financials’ and ‘technology’, states an official release.
To be calculated by global index provider FTSE Group, the BBC Global 30 will be a useful editorial tool for programmes and outlets like BBC World’s World Business Report, Ceefax and the business pages of BBC News Online.
The BBC’s business and economics editor Daniel Dodd has been quoted in the release as saying, “What we wanted was our own BBC branded index to use as an editorial tool to help us track the health of the world economy.
“The BBC Global 30 allows us to follow the market performance of 30 top companies across all key economic sectors in Europe, the US and Asia.
“It reinforces just how seriously the BBC takes the business agenda”.
The BBC will continue to use other established market indexes, including the Dow Jones Industrial Average and the FTSE 100. The BBC Global 30 constituents will be revised each year by FTSE International, based on strict guidelines.
News Broadcasting
Rajesh Sundaram joins NDTV Profit as senior editor, assignment
The 32-year newsroom veteran has launched channels on three continents and covered everything from 9/11 to South African television
MUMBAI: NDTV Profit has bolstered its newsroom with a hire who has done rather more than most. Rajesh Sundaram, a journalist with over three decades of editorial, managerial and consultative experience across India and international markets, joins as senior editor, assignment, tasked with sharpening the network’s newsgathering and real-time response.
Sundaram’s career reads like a tour of Indian media’s most formative moments. He began at Businessworld in 1994, moved to Zee News as bureau chief across Mumbai and Chennai, then joined NDTV in 2002 as part of its political bureau during a particularly febrile period in Indian politics. A stint as India correspondent for Al Jazeera International followed, where he covered key geopolitical developments and got his first serious taste of the global newsroom.
What sets Sundaram apart, however, is his serial channel-launching habit. At NewsX, he helped get the operation off the ground. At Headlines Today, part of the India Today Group, he served as editor. At News Nation, he helped launch the Hindi news channel and its digital ecosystem. He then crossed continents to lead the launch of ANN7 in South Africa as editor-in-chief, overseeing both television and digital. Back in India, he launched Tamil news channels News7 Tamil and Cauvery News, and later served as principal consultant for the launch of Marathi channel Lokshahi. Most recently, he helped build and lead the Press Trust of India’s video service and content studio, before stints consulting for Business Today and The Himalayan Times.
Rahul Kanwal, chief executive and editor-in-chief of NDTV, left little doubt about what Sundaram is expected to deliver. “The assignment desk is where a newsroom’s intent becomes action,” he said. “Rajesh brings a rare combination of field experience and leadership in building news operations at scale.”
Sundaram has reported from across India and the world, covering elections, civil conflicts, the aftermath of the 9/11 attacks and the 2008 US presidential election.
At NDTV Profit, he will lead the assignment desk, driving editorial coordination and real-time response across markets and breaking developments. For a business news network sharpening its focus on speed and multi-platform delivery, it has hired a man who has built newsrooms from scratch on three continents. The assignment desk is in good hands.
