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TV Today gains 4 per cent as RK Damani ups stake to 6.4 per cent

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BENGALURU: He is a quiet and a patient ‘Man with the Midas touch,’ who is touted as Indian stock market whiz Rakesh Jhunjunwalla’s guru. Today, Radhakishan Damani, or RK Damani, increased his stake in TV Today Network Limited with an investment of Rs 25.48 crore for 13 lakh shares of face value of Rs 5 each,  to 6.4 per cent from 4.22 per cent. Damani’s average purchase price at that rate works out to Rs 196 per share.

 
The company’s share closed 4.01 per cent higher at Rs 217.70 from an opening of Rs 210 today on the BSE. The High/Low values of the script for the day were Rs 220.45/208.30. The share had closed at Rs 209.30 yesterday.TV Today’s script saw a turnover of Rs 6.02 crore at a weighted average price of Rs 215.42 per share on the BSE. Its 52 week High/Low on the BSE was Rs259/Rs 96.05.

 
On the NSE, at close today, the script had gained 3.64 per cent (Rs 7.65) on yesterday’s closing price of Rs 209.95 to close at Rs 217.60 per share. The script opened on the NSE at Rs 210, reached a high of Rs 220.40 and a low of Rs 208.05 during the course of the day. About 9.48 lakh shares valued at Rs 20.4718 crore were traided on the NSE today. The 52 week high of the share was Rs 259.35 on 7 November 2014 and the 52 week low was Rs 95.75 on 30 January 2014 on the NSE.

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Earlier, on 27 August 2014 Derive Investments, a fund run by RK Damani and Gopikishan Damani had bought 11.7 lakh shares representing 1.96 per cent stake in TV Today Network for Rs 21 crore. The price of TV Today then rose 6 per cent to Rs 217 on the NSE. Before that, since September 2013, RK Damani had held a 1.5 per cent stake in the TV broadcaster.

 

TV Today reported a 58.1 per cent y-o-y increase in production costs coupled with a 40.4 per cent increment in employee benefit expense (EBE) and a 36.6 per cent rise in other expense numbers which pared its PAT to register a 2.9 per cent increment in Q2-2015. The company reported a y-o-y growth of 21.8 per cent in its Total Income from Operations (TIO) in Q2-2015 at Rs 111.69 crore versus the Rs 91.71 crore in Q2-2014, but TIO registered a 18.5 per cent decline when compared to the Rs 137.01 crore for Q1-2015. Higher TIO in Q1-2015 can be attributed to the national elections that saw revenues of most news channels rise during the first quarter of FY-2015.

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As mentioned above, the company’s PAT at Rs 13.21 crore (11.8 per cent of TIO) was 2.9 per cent more than the Rs 12.83 crore (25 per cent of TIO), but was almost a third (40.3 percent of) the Rs 32.79 (23.9 per cent of TIO) crore in Q1-2015.

 

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News Broadcasting

Kamlesh Singh receives Haldi Ghati Award from MMCF

India Today Group editor honoured for three decades of journalism at Udaipur ceremony.

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MUMBAI- Kamlesh Singh just turned a lifetime of sharp words into a shiny shield because when journalism wakes up a society, even the Maharana of Mewar wants to pin a medal on it.

The Maharana of Mewar Charitable Foundation (MMCF) conferred its prestigious Haldi Ghati Award on Kamlesh Singh, a senior editor at the India Today Group, during a ceremony in Udaipur on 15 March 2026. The national award, instituted in 1981-82, recognises “work of permanent value that initiates an awakening in society through the medium of journalism.”

Singh, who leads several editorial initiatives including Aaj Tak Radio, the Teen Taal community and The Lallantop, was presented the honour by Lakshyaraj Singh Mewar, Managing Trustee of MMCF. The citation highlighted his three decades of contributions to Indian media, innovations in digital journalism, mentoring young reporters, and his popular podcast persona “Tau” on Teen Taal, which fosters thoughtful public discourse.

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The Haldi Ghati Award, named after the historic Battle of Haldighati symbolising valour and resilience, is one of four national awards given annually by MMCF. Past recipients include Tavleen Singh, Piyush Pandey and Raj Chengappa.

Other honourees this year included Padma Vibhushan Pt Hari Prasad Chaurasia, Vedamurti Devvrat Rekhe, Treeman of India Marimuthu Yoganathan, Vir Chakra Capt Rizwan Malik, and US-based researcher Molly Emma Aitken, who received the Colonel James Tod Award for contributions to understanding Mewar’s spirit and values.

In an era where headlines often shout louder than substance, the MMCF quietly reminded everyone that real journalism isn’t about noise, it’s about the quiet, persistent work that stirs society awake, one thoughtful story at a time.

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