Connect with us

News Broadcasting

Times Network MD & CEO MK Anand speaks out on l’affaire Arnab

Published

on

MUMBAI: Times Network MD & CEO MK Anand is known to be a rather reticent kind of executive. He would rather keep a low profile and speak only when he is approached. So, when he decides to open up to the media, there’s obviously something he wants to set right.

Says he: “Ever since Arnab’s departure, the rumour mills have been running amok and a lot of canards have been let loose. I would like to set them right.”

According to Anand, first is the buzz that Arnab left because he was being sidelined, and that he did not have much editorial independence. “The fact is that there was zero pressure on him,” he says. “We don’t meddle with the editorial policy. I have spoken to him on content matters only twice since I have been here. And, the shareholders do not really get in to day-to-day operations at all.”

Advertisement

Anand shares that it was Arnab who announced his departure to his team before putting out his resignation to him, and let it to go viral on social media.

“We share a good relationship. We continued carrying his picture and name on the shows he used to host for a long time even after he announced his departure. Even on the last day, I had lunch with him and there was no negativity. I would have loved to retain him. I was saddened to see him go and, of course, I miss him,” he acknowledges.

Anand berates the fact that there seems to be a campaign to malign Times Now. “People were saying that Times Now and Arnab are synonymous. That Times Now has sunk after Arnab. BARC data shows otherwise. Week 1-45 of this year, Times Now had an audience share of 41 per cent; week 46-50 it has the same 41 per cent,” he says.

Advertisement

Then, there is the rumour that the news channel lost Rs 100 crore in revenue post-Arnab. “Untrue again. While I believe it’s worth that much, I wish we made so much money on NewsHour that he used to anchor,” he expresses.

Market estimates are that Arnab’s prime time shows contributed around Rs 50-60 crore to the channel’s top line, figures which Anand is unwilling to confirm.

“The advertisers who were there when Arnab was anchoring are there even when he is not,” says he. “Just take a look at the Adex data for October and November.”

Advertisement

What Anand wants to finally rectify is the perception that hordes of journalists have followed in the wake of Arnab. “Times Now has 320 employees,” he says. “Nine have left. We have a normal attrition rate of 25 per cent which is about 80 people leaving each year or around six to seven staffers each month. If we lose nine people, it does not mean there has been an exodus. 311 staffers have chosen to stay on.”

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News Broadcasting

Induction cooktop demand spikes 30× amid LPG supply concerns

Supply worries linked to West Asia tensions push households and restaurants to turn to electric cooking alternatives

Published

on

MUMBAI: As geopolitical tensions in West Asia ripple through global energy supply chains, the familiar blue flame in Indian kitchens is facing an unexpected challenger: electricity.

What began as concerns over the availability of liquefied petroleum gas (LPG) has quickly evolved into a technology-driven shift in cooking habits. Households across India are increasingly turning to induction cooktops and other electric appliances, initially as a backup but now, for many, a necessity.

A sudden surge in demand

Recent data from quick-commerce and grocery platform BigBasket highlights the scale of the shift. According to Seshu Kumar Tirumala, the company’s chief buying and merchandising officer, demand for induction cooktops has risen dramatically.

Advertisement

“Induction cooktops have seen a significant surge in demand, recording a fivefold jump on 10 March and a thirtyfold spike on 11 March,” Tirumala said.

The increase stands out sharply when compared with broader kitchen appliance trends. Most appliance categories are growing within 10 per cent of their typical demand levels, while induction cooktops have witnessed explosive growth as households rush to secure an alternative cooking option.

Major e-commerce platforms including Amazon and Flipkart have reported rising searches and orders for induction stoves. Quick-commerce apps such as Blinkit and Zepto have also witnessed stock shortages in major metropolitan areas including Delhi, Mumbai and Bengaluru.

Advertisement

What was once considered a convenient appliance for hostels, small kitchens or occasional use has suddenly become an essential addition in many homes.

A crisis thousands of miles away

The trigger for this shift lies far beyond India’s kitchens.

Escalating conflict in the Middle East has disrupted shipping routes through the Strait of Hormuz, one of the world’s most critical energy corridors. Nearly 85 to 90 per cent of India’s LPG imports pass through this narrow waterway, making the country particularly vulnerable to supply disruptions.

Advertisement

The ripple effects have been swift.

India currently meets roughly 60 per cent of its LPG demand through imports, and tightening global supply has already begun to affect domestic availability and prices.

Earlier this month, the price of domestic LPG cylinders increased by Rs 60, while commercial cylinders rose by more than Rs 114.

Advertisement

To discourage panic buying and hoarding, the government has also extended the mandatory waiting period between domestic refill bookings from 21 days to 25 days.

Restaurants feel the pressure

The strain is not limited to households. Restaurants, hotels and roadside eateries are also grappling with supply constraints as commercial LPG availability tightens under restrictions imposed through the Essential Commodities Act.

In cities such as Bengaluru and Chennai, restaurant associations report that commercial LPG availability has dropped by as much as 75 per cent, forcing many establishments to rethink their kitchen operations.

Advertisement

Some restaurants have reduced menu offerings, while others are rapidly installing high-efficiency induction systems, creating hybrid kitchens where electricity now shares the workload with gas.

For smaller eateries and roadside dhabas, the shift is less about sustainability and more about survival.

A potential structural shift

The government has maintained that there is no nationwide LPG crisis and has directed refineries to increase production to stabilise supply.

Advertisement

Nevertheless, the developments of March 2026 may already be triggering a longer-term behavioural shift.

For decades, LPG has been the backbone of cooking in Indian households. However, recent disruptions have highlighted the risks of relying on a single fuel source.

Increasingly, households appear to be hedging against uncertainty by adopting electric cooking options to guard against price volatility and delivery delays.

Advertisement

If the current trend continues, the induction cooktop, once viewed as a niche appliance, could emerge as a quiet symbol of India’s evolving kitchen economy.

Continue Reading

Advertisement News18
Advertisement All three Media
Advertisement Whtasapp
Advertisement Year Enders

Copyright © 2026 Indian Television Dot Com PVT LTD

This will close in 10 seconds

×