GECs
Kairali TV experiments with new formula
MUMBAI: If saas bahu sagas rake in high TRPs in the north, its the tear-jerking soaps that cast a similar spell in the south. Interestingly, the Left-backed Kairali Malayalam channel has taken a bold initiative to do away with melodramatic soaps all together.
In keeping with the channel statement of being ‘a channel with a difference’, Kairali’s more than 50-odd programmes currently on air are devoid of soaps. Instead it has programmes on diverse topics like agriculture, music, social issues and current affairs.
According to Kairali TV chief executive officer Suresh Narayanan, “More than 90 per cent of these programmes are produced in-house, using the creativity of our own employees to the maximum extent possible. We are defining many of the programmes as infotainment because apart from providing entertainment we are infusing lot of information also. We are trying our best to have a TV-based programme culture not heavily depending on soap serials and films.”
The channel which claims to be a ‘people’s channel’ was originally sponsored by the CPM. Now it has about 236,000 ordinary shareholders, with the highest category having less than 0.8 per cent of the total subscribed value. It is a public limited company having wide spread equity distribution mainly in Kerala and among Keralites in the Gulf.
Some of the shows aired on the channel include – Aswamedham, a unique reverse quiz programme, which recently crossed 500 episodes. The show has already appeared in the Limca Book of World Records. Penmalayalam, a programme for women, deals with real life issues and stories, involving real life characters. The series has been shot in live locations. Pravasalokam another show, is based on the real hard life stories of pravasies, that is those who left the country for in search of greener pastures, especially to the Gulf region.
Another unique show, Raagolsavam, clubs the footage of music from various sectors like film songs, dance, Kathakali, instrumental music, classical music and folk songs.
Bhoomigeetham tells the success stories of farmers and also brings to light the problems faced by them. The channel also conducts live shows like Sing N Win, Hello Good Evening and Medi Talk.
The two-year-old channel recently bagged 17 out of 23 awards held by the Kerala State Television awards declared by the State Government. Apart from this, the channel has also received most of the critics awards and exclusive awards from the State tourism department, health department, child welfare department and the women and social development department, in recognition of the contributions made by the channel in these sectors, says Narayanan
Queried about the channel’s lack of viewership, Narayanan had this to say: “Regarding the TRP ratings, we strongly dispute the reliability of the same since 250 households in Kochi decide the distribution of the channel in Kerala and Gulf, which is fundamentally against the basic principles of such ratings. Many of the surveys have already proved that ‘Kochi is not Kerala’ and ‘Kerala is not Kochi’. Our strength for such a conclusion is the acceptance given by advertisers of Kerala. They are the biggest supporters of our channel by giving their patronage and advertisements by the feel of the channel. Yes, we have some problems outside Kerala among the national clients who heavily depend on the TRP ratings.”
“The channel is taking various steps to make the channel available to Malayalees all over the world, even at places where our transponder footprints are not available. As a part of that we have already started distribution of Kairali TV in Europe on the Hotbird DTH platform. This month itself we are starting the distribution of the channel in USA and Canada on the Telstar DTH platform. We are also developing programmes for the prime bands of these regions to meet the specific requirements of the audience of these regions, that is for the Indians in the , Gulf Region, Europe and USA separately,” says Narayanan.
Though a bold initiative, only time will tell if this “different” formula will make a dent in the channel share currently dominated by Asianet and Surya TV, that thrive primarily on soaps and film-based programmes.
GECs
Sebi sends show-cause notice to Zee over fund diversion, company responds
Regulator questions 2018 letter of comfort and governance lapses; company vows robust legal response
MUMBAI: India’s markets watchdog has reignited its long-running scrutiny of Zee Entertainment Enterprises, issuing a sweeping show-cause notice that drags the broadcaster and 84 others into a widening governance storm.
The notice, dated February 12, has been served by the Securities and Exchange Board of India to Zee, chairman emeritus Subhash Chandra and managing director and chief executive Punit Goenka, among others. At its heart: allegations that company funds were indirectly routed to settle liabilities of entities linked to the Essel Group.
The regulator’s probe traces its roots to November 2019, when two independent directors resigned from Zee’s board, flagging concerns over the alleged appropriation of fixed deposits by Yes Bank. The deposits were reportedly adjusted against loans extended to Essel Group entities, triggering questions about related-party dealings and board oversight.
A key flashpoint is a letter of comfort dated September 4, 2018, issued by Subhash Chandra in his dual capacity as chairman of Zee and the Essel Group. The document, linked to credit facilities availed by certain group companies from Yes Bank, was allegedly known only to select members of management and not disclosed to the full board—an omission SEBI believes raises red flags over transparency and governance controls.
Zee has pushed back hard. In a statement, the company said it “strongly refutes” the allegations against it and its board members and will file a detailed response. It expressed confidence that SEBI would conduct a fair review and signalled readiness to pursue all legal remedies to protect shareholder interests.
The notice marks the latest twist in a saga that has shadowed the broadcaster since 2019. What began as boardroom unease has morphed into a full-blown regulatory confrontation. The final reckoning now rests with SEBI—but the reputational stakes for Zee, and the message for India Inc on governance discipline, could scarcely be higher.
