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NDTV inks deals with multiple potential investors for e-commerce ventures

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MUMBAI: The Prannoy Roy led New Delhi Television Ltd (NDTV) has signed preliminary deals with certain potential investors for its e-commerce ventures in the fields of food, auto, and gadgets.

 

In the auto sector, portals like CarDekho.com, CarWale.com, CabKhabri.com and Gaadi.com amongst others operate in the Indian market. In the food sector too, portals for pre-cooked and uncooked food like travelkhana.com,merafoodchoice.com, Getlunchin.com and biryani360.com have mushroomed recently. On the other hand, portals specifically selling gadgets are far and few.

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An established player in the news content business, NDTV has ample online content around these segments in NDTV Gadgets (gadgets.ndtv.com), NDTV Food (food.ndtv.com) and NDTV Auto (auto.ndtv.com). NDTV’s e-commerce ventures in these specific areas will only stand to benefit from the backing it will receive from the network.

 

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While the company has signed term sheets with potential investors in the food, auto and gadgets sectors, along with its subsidiary company NDTV Convergence, it did not divulge names of the companies that the deals have been signed with.

 

It may be recalled that in March this year, NDTV’s board had given in principle approval for setting up of online ventures including digital transactions.

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In a filing on the Bombay Stock Exchange, NDTV said, “The term sheets are non-binding and are subject to the parties agreeing upon and executing the definitive agreements, which will include detailed terms and conditions in relation to the proposed transactions.”

 

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The company said that the proposed transactions would be subject to various conditions precedent to be specified in the definitive agreements, including due diligence, receipt of requisite corporate authorizations, approvals and regulatory approvals.

 

On the e-commerce front, NDTV through its subsidiary NDTV Ethnic Retail already operates Indianroots, which sells ethnic wear from various Indian designers. The venture recently also raised $5 million in funding from the Mumbai-based KJS Group.

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News Broadcasting

CNN-News18 to host Fury in the Gulf conclave on West Asia crisis

Three-hour summit to unpack geopolitical fallout and impact on India

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MUMBAI: CNN-News18 is set to host a special three-hour broadcast, Fury in the Gulf – War Conclave, on April 7, aiming to decode the escalating West Asia crisis and its far-reaching implications for India.

Scheduled from 4:00 PM to 7:00 PM, the conclave comes at a time when tensions between Iran and the United States are reshaping global geopolitics and triggering economic uncertainty. With India’s deep energy ties, trade links and large diaspora in the Gulf, the developments carry significant domestic relevance.

Built around the theme ‘Conflict, Consequences, and The Future,’ the programme will feature six curated sessions combining one-on-one interviews and panel discussions. The focus is to cut through the clutter and offer viewers a clearer understanding of the fast-evolving situation.

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Key sessions include ‘Diplomacy in Times of War’ featuring Shashi Tharoor, and ‘World After the Iran Conflict’ with voices such as Ram Madhav, Reuven Azar, representatives from the European Union and the Iranian Deputy Envoy. Another session titled ‘Another Dunkirk?’ will bring together K. J. S. Dhillon and Jitin Prasada among others.

CNN-News18 editorial affairs director Rahul Shivshankar said, “In times of war, clarity becomes the most powerful tool. Fury in the Gulf – War Conclave brings together credible voices to address the questions and confusion that arise amid an overwhelming influx of information.”

He added that the initiative is aimed at delivering “facts, perspective, and insight” at a time when misinformation can easily cloud public understanding.

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Echoing the sentiment, CNN-News18 CEO– English and business news Smriti Mehra said the conflict marks a defining global moment, with consequences that extend well beyond the region. She noted that the conclave seeks to present the crisis with “depth, nuance and responsibility” so audiences can better grasp its real-world impact.

As geopolitical tensions continue to dominate headlines, the conclave positions itself as an attempt to bring order to the noise, offering viewers a structured, insight-led look at a complex and rapidly shifting global situation.

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