News Broadcasting
Tanu Healthcare to tap capital market for health channel project
MUMBAI: Tanu Healthcare, a publicly listed company based in Mumbai proposing to launch a free-to-air health channel, will tap the capital markets for raising funds.
While speaking to indiantelevision.com, Tanu Healthcare chairman GK Agarwal says that the company will tap the market to fund the Rs 150 million broadcast venture – niche channel Care TV.
“We shall generate Rs 50 million from internal resources and hope to get the balance amount from the capital markets. We are looking at an issue sometime towards the end of the year,” Agarwal adds while claiming that the earlier issue in 1994 was oversubscribed 10 times. The company has around 5,000 shareholders.
Initially, the company was involved in trading of analytical testing laboratory equipment, metals, chemicals and petrochemicals. It soon entered the pharma business. For the quarter ended 30 June 2003, the company had total sales of Rs 77.03 million; and a net profit of Rs 12.75 million; an EPS of 0.87 on an equity capital of Rs 146.52 million. The B2 group scrip opened today on the Bombay Stock Exchange (BSE) at Rs 11.53; gained 9.97 per cent to end the day at Rs 12.25. The volume traded was 110,830 shares.
Tanu Healthcare has already informed the BSE that the company plans to enter into health channel broadcasting in India. The channel will launch during Diwali and is located on Thaicom, frequency 3,545 Mhz vertical.
Tanu Healthcare MD in charge of Care TV Ajit Gupta says that the first-of-its-kind channel will cover various facets of the human body, mind, beauty and soul contents. “The channel will address the needs of ordinary people and will provide them information that they seek. The channel revenues will revolve around regular ads from OTC products, co-branding sponsorships, social awareness advertising and what I call informational commercial,” Gupta adds.
Agarwal expects break even in the first year of operations. “Care TV is a pioneering effort and we have tested marketed the concept with several advertisers including pharma, insurance and health-care companies. Most of them seem to be keen to advertise on the channel. We should break even in anything between 9-12 months.”
The company has already entered into an arrangement with TV production house Meteor Films (producing Mulk on Zee) to lease out an 8,000 sq feet studio in Mumbai. It has commissioned directors such as BR Ishaara, Jatin Kumar Agarrwal amongst others to create niche content.
At a meeting held on 31 July 2003, the board of directors of Tanu Healthcare have approved the following:
* Proposal for public issue for part financing of television channel business, subject to approval of shareholders.
* Increase in the authorised capital up to Rs 400 million from existing Rs 150 million.
* Proposal for delisting of securities from the Ahmedabad and Hyderabad Stock Exchange.
Agarwal says that the decision to delist has been taken because the scrip isn’t actively trading in the other stock exchanges.
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
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.
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.
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.
