News Broadcasting
Reliance Capital ups stake in TV Today
MUMBAI: Anil Ambani’s Reliance Capital has progressively upped its stake in TV Today Network to 14.02 per cent, but is still outside the 15 per cent deadline to trigger an open offer for a fresh 20 per cent acquisition.
Memories of an open offer go back to June 2007 when Reliance Capital took the aggressive step without being forced into it by takeover regulation. Having taken its stake then to 11.93, Reliance fixed the open offer price at Rs 130.50 per share that did not evoke any interest from shareholders to sell their shares.
Reliance Capital’s renewed interest in TV Today, which runs a clutch of news channels including the Hindi market leader Aaj Tak, reflected in the market on 7 December when it mopped up 0.11 per cent stake, or 67,000 shares, to take its total holding to 14.02 per cent, or 8.1 million shares.
A TV Today official declined to comment.
A spurt in buying by Reliance Capital has prompted a sharp rise in the scrip price of TV Today that was hovering around Rs 100 in November. The scrip touched a high of Rs 151.80 on 4 December.
After 7 December, the shares of TV Today have started steadily falling from its high price. The scrip ended Wednesday at Rs 122 on the BSE, up 1.5 per cent from the previous day’s close.
The promoter holding in TV Today is 55.92 per cent, according to data provided by the company till 30 September 2009.
News Broadcasting
CNBC India unveils new logo, rolls out refreshed identity across network
Debuted at IBLA, the redesign signals a sharper, digital-first future
MUMBAI: CNBC has unveiled a refreshed brand identity across its India network, introducing a new logo and visual system that reflects a more modern, digital-first direction.
The rebrand was officially revealed at the India Business Leader Awards held in Mumbai on March 14, marking the first public showcase of the updated design at one of the network’s most prominent platforms.
The overhaul is among the most visible brand updates for CNBC in recent years, aimed at aligning its look and feel with evolving audience habits and a growing multi-platform presence.
At the centre of the refresh is a redesigned logo that moves away from the network’s long-standing multi-coloured peacock motif, opting instead for a cleaner and more minimalist aesthetic. A key visual cue is a blue upward-pointing arrow embedded within the letter ‘N’, symbolising forward momentum, growth and a focus on the future.
The new identity is being rolled out across the entire CNBC cluster in India, including CNBC-TV18, CNBC-TV18 Prime, CNBCTV18.com, CNBC Awaaz and CNBC Bajar. The move brings a more cohesive and contemporary design language across television and digital platforms alike.
The rollout began on March 30, with the network aiming to create a unified viewer experience regardless of how audiences access its content, be it on broadcast, online or connected devices.
With this refresh, CNBC is signalling its next phase of growth in India, blending legacy credibility with a sharper, forward-looking identity designed for an increasingly digital news ecosystem.
