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New company to own & manage Zee Business channel

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NEW DELHI: Zee Business, a proposed business news channel from the Zee stable, will be owned and managed by a new company, Zee News Ltd, and not Zee Telefilms.
In a letter to the National Stock Exchange, Zee Telefilms has clarified, “We would like to inform you that (a) 24 hours channel devoted to business news in Hindi is not being launched by the company, but by another company called Zee News Limited.”

The NSE, in order to verify the accuracy or otherwise of media reports on Zee Business channel, had sought clarification from Zee Telefilms so that the interest of the investors is safeguarded.

As reported by indiantelevision.com earlier, a press release from Zee News Ltd today said Zee Business will launched on 30 November and positioned as a personal finance channel. It will air an interactive agriculture news bulletin and a special programme on local industries. The channel’s positioning: aapka faayda, meaning profit, gains and money for the viewer.

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While announcing the date of commencement of the channel, Zee News Group director Laxmi Narain Goel in the statement said, “Zee Business will fulfill needs of those viewers who believe that by having a little information they can save or make huge monies.”

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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

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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.

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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.

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