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
Rising Bharat Summit 2026 spotlights India’s global ascent
PM Modi keynotes two-day event with ministers, diplomats and icons in New Delhi.
MUMBAI: India didn’t just host a summit, it threw a coming-out party for a nation ready to own the global stage. The News18 Rising Bharat Summit 2026, held on 27–28 February in New Delhi, emerged as a high-octane platform for ideas, vision and strategic dialogue, uniting national leadership, global policymakers, industry titans, defence strategists and cultural icons under the theme “Strength Within”.
Prime minister Narendra Modi set the tone with a keynote that framed India’s resurgence as a reclaiming of lost potential built over generations. “In previous industrial revolutions, India and the Global South were merely followers,” he said. “But in the era of Artificial Intelligence, India is a partner in decisions and shaping them.” He highlighted the country’s thriving AI startup ecosystem and the recent AI Impact Summit attended by over 100 nations.
Union minister Piyush Goyal (Commerce & Industry) stressed India’s readiness to scale exports and deepen manufacturing, while Ashwini Vaishnaw (Railways, I&B, Electronics & IT) positioned technology and infrastructure as twin engines of growth, especially in AI and digital trust. Jyotiraditya Scindia (Communications & North East Development) revealed India’s ambition to lead in 6G through the Bharat 6G Alliance and partnerships with over 30 countries.
Global voices added depth: former Singapore Foreign Minister George Yeo called India’s development “self-sustaining” and strategically vital; ex-UK Chief of Defence Staff General Sir Nick Carter asserted India deserves a seat at the great powers’ table; and former US Commerce Secretary Carlos M. Gutierrez joined ambassadors from Norway, Germany and Sweden in discussions on geopolitical realignment, sustainability and defence preparedness.
Other speakers included veteran investor Ramesh Damani, World Gold Council CEO David Tait, Vianai Systems founder Dr Vishal Sikka, DeepTech Bharat Foundation co-founder Shashi Shekhar Vempati, defence experts Rajesh Kumar Singh, Sunil Ambekar, Patrick McGee, Tom Cooper and Adrian Fontanellaz, plus cultural and sporting icons Kangana Ranaut, Saina Nehwal, PR Sreejesh, Mohammed Shami, Yuzvendra Chahal, Mithali Raj, Anil Kapoor and Yami Gautam.
The summit was supported by Jio Financial Services (Presenting Partner), Phonepe and DS Group (Co-Presenting Partners), Pernod Ricard India and Kia Seltos (Powered By & Driven By), state governments of Uttar Pradesh, Chhattisgarh and Uttarakhand (State Partners), and associate partners including NSE, M3M Foundation and Reliance Industries.
Broadcast live across News18 Network, CNBC-TV18 and CNBC Awaaz, the event reinforced India’s image as a confident democracy and emerging global power proving that when strength comes from within, the world can’t help but watch.
