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restructuring </div> </a> <ul id="toc-1996–2007:_Acquisition_and_restructuring-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-2007–2011:_Expansion,_consolidation_and_increasing_debt" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#2007–2011:_Expansion,_consolidation_and_increasing_debt"> <div class="vector-toc-text"> 1.2 2007–2011: Expansion, consolidation and increasing debt </div> </a> <ul id="toc-2007–2011:_Expansion,_consolidation_and_increasing_debt-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-2011–2014:_Takeover_by_Reliance_Industries" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#2011–2014:_Takeover_by_Reliance_Industries"> <div class="vector-toc-text"> 1.3 2011–2014: Takeover by Reliance Industries </div> </a> <ul id="toc-2011–2014:_Takeover_by_Reliance_Industries-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-2014–Present:_Reliance_Industries_era" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#2014–Present:_Reliance_Industries_era"> <div class="vector-toc-text"> 1.4 2014–Present: Reliance Industries era </div> </a> <ul id="toc-2014–Present:_Reliance_Industries_era-sublist" class="vector-toc-list"> </ul> </li> </ul> </li> <li id="toc-Corporate_affairs" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#Corporate_affairs"> <div class="vector-toc-text"> 2 Corporate affairs </div> </a> <button aria-controls="toc-Corporate_affairs-sublist" class="cdx-button cdx-button--weight-quiet cdx-button--icon-only vector-toc-toggle"> Toggle Corporate affairs subsection </button> <ul id="toc-Corporate_affairs-sublist" class="vector-toc-list"> <li id="toc-Ownership" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Ownership"> <div class="vector-toc-text"> 2.1 Ownership </div> </a> <ul id="toc-Ownership-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Management" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Management"> <div class="vector-toc-text"> 2.2 Management </div> </a> <ul id="toc-Management-sublist" class="vector-toc-list"> </ul> </li> </ul> </li> <li id="toc-Operating_divisions_and_subsidiaries" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#Operating_divisions_and_subsidiaries"> <div class="vector-toc-text"> 3 Operating divisions and subsidiaries </div> </a> <button aria-controls="toc-Operating_divisions_and_subsidiaries-sublist" class="cdx-button cdx-button--weight-quiet cdx-button--icon-only vector-toc-toggle"> Toggle Operating divisions and subsidiaries subsection </button> <ul id="toc-Operating_divisions_and_subsidiaries-sublist" class="vector-toc-list"> <li id="toc-Broadcast_subsidiary" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Broadcast_subsidiary"> <div class="vector-toc-text"> 3.1 Broadcast subsidiary </div> </a> <ul id="toc-Broadcast_subsidiary-sublist" class="vector-toc-list"> <li id="toc-Joint_ventures" class="vector-toc-list-item vector-toc-level-3"> <a class="vector-toc-link" href="#Joint_ventures"> <div class="vector-toc-text"> 3.1.1 Joint ventures </div> </a> <ul id="toc-Joint_ventures-sublist" class="vector-toc-list"> </ul> </li> </ul> </li> <li id="toc-Digital_and_publishing_divisions" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Digital_and_publishing_divisions"> <div class="vector-toc-text"> 3.2 Digital and publishing divisions </div> </a> <ul id="toc-Digital_and_publishing_divisions-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Investments" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Investments"> <div class="vector-toc-text"> 3.3 Investments </div> </a> <ul id="toc-Investments-sublist" 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Click here for more information." src="//upload.wikimedia.org/wikipedia/en/thumb/9/94/Symbol_support_vote.svg/19px-Symbol_support_vote.svg.png" decoding="async" width="19" height="20" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/9/94/Symbol_support_vote.svg/29px-Symbol_support_vote.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/9/94/Symbol_support_vote.svg/39px-Symbol_support_vote.svg.png 2x" data-file-width="180" data-file-height="185" /></a></div></div> </div> <div id="siteSub" class="noprint">From Wikipedia, the free encyclopedia</div> </div> <div id="contentSub"><div id="mw-content-subtitle">(Redirected from <a href="/w/index.php?title=Network18&redirect=no" class="mw-redirect" title="Network18">Network18</a>)</div></div> <div id="mw-content-text" class="mw-body-content"><div class="mw-content-ltr mw-parser-output" lang="en" dir="ltr"><div class="shortdescription nomobile noexcerpt noprint searchaux" style="display:none">Indian media conglomerate</div> <style data-mw-deduplicate="TemplateStyles:r1257001546">.mw-parser-output .infobox-subbox{padding:0;border:none;margin:-3px;width:auto;min-width:100%;font-size:100%;clear:none;float:none;background-color:transparent}.mw-parser-output .infobox-3cols-child{margin:auto}.mw-parser-output .infobox .navbar{font-size:100%}@media screen{html.skin-theme-clientpref-night .mw-parser-output .infobox-full-data:not(.notheme)>div:not(.notheme)[style]{background:#1f1f23!important;color:#f8f9fa}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .infobox-full-data:not(.notheme) div:not(.notheme){background:#1f1f23!important;color:#f8f9fa}}@media(min-width:640px){body.skin--responsive .mw-parser-output .infobox-table{display:table!important}body.skin--responsive .mw-parser-output .infobox-table>caption{display:table-caption!important}body.skin--responsive .mw-parser-output .infobox-table>tbody{display:table-row-group}body.skin--responsive .mw-parser-output .infobox-table tr{display:table-row!important}body.skin--responsive .mw-parser-output .infobox-table th,body.skin--responsive .mw-parser-output .infobox-table td{padding-left:inherit;padding-right:inherit}}</style><style data-mw-deduplicate="TemplateStyles:r1242257876">.mw-parser-output .ib-company .infobox-label{padding-right:0.5em}.mw-parser-output .ib-company .infobox-data,.mw-parser-output .ib-company .infobox-below{line-height:1.35em}.mw-parser-output .ib-company-logo img{background-color:#f8f9fa}.mw-parser-output .ib-company-locality,.mw-parser-output .ib-company-country{display:inline}</style><table class="infobox ib-company vcard"><caption class="infobox-title fn org">Network18 Group</caption><tbody><tr><td colspan="2" class="infobox-image ib-company-logo logo"><a href="/wiki/File:Network_18_Logo.svg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/3/3b/Network_18_Logo.svg/220px-Network_18_Logo.svg.png" decoding="async" width="220" height="54" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/3/3b/Network_18_Logo.svg/330px-Network_18_Logo.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/3/3b/Network_18_Logo.svg/440px-Network_18_Logo.svg.png 2x" data-file-width="517" data-file-height="126" /></a></td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;"><a href="/wiki/Trade_name" title="Trade name">Trade name</a></div></th><td class="infobox-data">Network18 Group</td></tr><tr><th scope="row" class="infobox-label">Company type</th><td class="infobox-data category"><a href="/wiki/Public_limited_company" title="Public limited company">Public</a></td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;"><a href="/wiki/Ticker_symbol" title="Ticker symbol">Traded as</a></div></th><td class="infobox-data"><style data-mw-deduplicate="TemplateStyles:r1126788409">.mw-parser-output .plainlist ol,.mw-parser-output .plainlist ul{line-height:inherit;list-style:none;margin:0;padding:0}.mw-parser-output .plainlist ol li,.mw-parser-output .plainlist ul li{margin-bottom:0}</style><div class="plainlist"> <ul><li><a href="/wiki/Bombay_Stock_Exchange" title="Bombay Stock Exchange">BSE</a>: <a rel="nofollow" class="external text" href="https://www.bseindia.com/stock-share-price/x/y/532798/">532798</a></li> <li><a href="/wiki/National_Stock_Exchange_of_India" title="National Stock Exchange of India">NSE</a>: <a rel="nofollow" class="external text" href="https://www.nseindia.com/get-quotes/equity?symbol=Network18">Network18</a></li></ul> </div></td></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/International_Securities_Identification_Number" title="International Securities Identification Number">ISIN</a></th><td class="infobox-data"><a class="external text" href="https://isin.toolforge.org/?language=en&isin=INE870H01013">INE870H01013</a></td></tr><tr><th scope="row" class="infobox-label">Industry</th><td class="infobox-data category"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1126788409"><div class="plainlist"> <ul><li><a href="/wiki/Mass_media" title="Mass media">Mass media</a></li> <li><a href="/wiki/Entertainment" title="Entertainment">Entertainment</a></li></ul> </div></td></tr><tr><th scope="row" class="infobox-label">Predecessor</th><td class="infobox-data"><a href="/wiki/TV18" title="TV18">TV18</a></td></tr><tr><th scope="row" class="infobox-label">Founded</th><td class="infobox-data">1996; 28 years ago (1996)</td></tr><tr><th scope="row" class="infobox-label">Founder</th><td class="infobox-data agent"><a href="/wiki/Ritu_Kapur" title="Ritu Kapur">Ritu Kapur</a> <a href="/wiki/Raghav_Bahl" title="Raghav Bahl">Raghav Bahl</a></td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;">Key people</div></th><td class="infobox-data agent"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1126788409"><div class="plainlist"> <ul><li><a href="/wiki/Adil_Zainulbhai" title="Adil Zainulbhai">Adil Zainulbhai</a> (<a href="/wiki/Chairman" class="mw-redirect" title="Chairman">Chairman</a>)</li> <li><a href="/wiki/Rahul_Joshi" class="mw-redirect" title="Rahul Joshi">Rahul Joshi</a> (<a href="/wiki/Managing_Director" class="mw-redirect" title="Managing Director">MD</a>, <a href="/wiki/CEO" class="mw-redirect" title="CEO">CEO</a> and <a href="/wiki/Editor-in-chief" title="Editor-in-chief">editor-in-chief</a>)</li></ul> </div></td></tr><tr><th scope="row" class="infobox-label">Products</th><td class="infobox-data"><style data-mw-deduplicate="TemplateStyles:r1129693374">.mw-parser-output .hlist dl,.mw-parser-output .hlist ol,.mw-parser-output .hlist ul{margin:0;padding:0}.mw-parser-output .hlist dd,.mw-parser-output .hlist dt,.mw-parser-output .hlist li{margin:0;display:inline}.mw-parser-output .hlist.inline,.mw-parser-output .hlist.inline dl,.mw-parser-output .hlist.inline ol,.mw-parser-output .hlist.inline ul,.mw-parser-output .hlist dl dl,.mw-parser-output .hlist dl ol,.mw-parser-output .hlist dl ul,.mw-parser-output .hlist ol dl,.mw-parser-output .hlist ol ol,.mw-parser-output .hlist ol ul,.mw-parser-output .hlist ul dl,.mw-parser-output .hlist ul ol,.mw-parser-output .hlist ul ul{display:inline}.mw-parser-output .hlist .mw-empty-li{display:none}.mw-parser-output .hlist dt::after{content:": "}.mw-parser-output .hlist dd::after,.mw-parser-output .hlist li::after{content:" · ";font-weight:bold}.mw-parser-output .hlist dd:last-child::after,.mw-parser-output .hlist dt:last-child::after,.mw-parser-output .hlist li:last-child::after{content:none}.mw-parser-output .hlist dd dd:first-child::before,.mw-parser-output .hlist dd dt:first-child::before,.mw-parser-output .hlist dd li:first-child::before,.mw-parser-output .hlist dt dd:first-child::before,.mw-parser-output .hlist dt dt:first-child::before,.mw-parser-output .hlist dt li:first-child::before,.mw-parser-output .hlist li dd:first-child::before,.mw-parser-output .hlist li dt:first-child::before,.mw-parser-output .hlist li li:first-child::before{content:" (";font-weight:normal}.mw-parser-output .hlist dd dd:last-child::after,.mw-parser-output .hlist dd dt:last-child::after,.mw-parser-output .hlist dd li:last-child::after,.mw-parser-output .hlist dt dd:last-child::after,.mw-parser-output .hlist dt dt:last-child::after,.mw-parser-output .hlist dt li:last-child::after,.mw-parser-output .hlist li dd:last-child::after,.mw-parser-output .hlist li dt:last-child::after,.mw-parser-output .hlist li li:last-child::after{content:")";font-weight:normal}.mw-parser-output .hlist ol{counter-reset:listitem}.mw-parser-output .hlist ol>li{counter-increment:listitem}.mw-parser-output .hlist ol>li::before{content:" "counter(listitem)"\a0 "}.mw-parser-output .hlist dd ol>li:first-child::before,.mw-parser-output .hlist dt ol>li:first-child::before,.mw-parser-output .hlist li ol>li:first-child::before{content:" ("counter(listitem)"\a0 "}</style><div class="hlist"><ul><li><a href="/wiki/Broadcasting" title="Broadcasting">Broadcasting</a></li><li><a href="/wiki/Publishing" title="Publishing">publishing</a></li><li><a href="/wiki/Film" title="Film">films</a></li><li><a href="/wiki/Music" title="Music">music</a></li><li><a href="/wiki/Streaming_media" title="Streaming media">streaming</a></li><li><a href="/wiki/Radio" title="Radio">radio</a></li><li><a href="/wiki/Web_portal" title="Web portal">web portals</a></li></ul></div></td></tr><tr><th scope="row" class="infobox-label">Revenue</th><td class="infobox-data"><img alt="Increase" src="//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/11px-Increase2.svg.png" decoding="async" width="11" height="11" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/17px-Increase2.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/22px-Increase2.svg.png 2x" data-file-width="300" data-file-height="300" /> ₹22,714 crore (US$2.7 billion) (2024)<a href="#cite_note-nw18Q4-1">[1]</a></td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;"><a href="/wiki/Earnings_before_interest_and_taxes" title="Earnings before interest and taxes">Operating income</a></div></th><td class="infobox-data"><img alt="Decrease" src="//upload.wikimedia.org/wikipedia/commons/thumb/e/ed/Decrease2.svg/11px-Decrease2.svg.png" decoding="async" width="11" height="11" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/e/ed/Decrease2.svg/17px-Decrease2.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/e/ed/Decrease2.svg/22px-Decrease2.svg.png 2x" data-file-width="300" data-file-height="300" /> ₹236 crore (US$28 million) (2023)<a href="#cite_note-nw18Q4-1">[1]</a></td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;"><a href="/wiki/Net_income" title="Net income">Net income</a></div></th><td class="infobox-data"><img alt="Decrease" src="//upload.wikimedia.org/wikipedia/commons/thumb/e/ed/Decrease2.svg/11px-Decrease2.svg.png" decoding="async" width="11" height="11" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/e/ed/Decrease2.svg/17px-Decrease2.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/e/ed/Decrease2.svg/22px-Decrease2.svg.png 2x" data-file-width="300" data-file-height="300" /> −₹16 crore (US$1.9 million) (2023)<a href="#cite_note-nw18Q4-1">[1]</a></td></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/Asset" title="Asset">Total assets</a></th><td class="infobox-data"><img alt="Decrease" src="//upload.wikimedia.org/wikipedia/commons/thumb/e/ed/Decrease2.svg/11px-Decrease2.svg.png" decoding="async" width="11" height="11" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/e/ed/Decrease2.svg/17px-Decrease2.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/e/ed/Decrease2.svg/22px-Decrease2.svg.png 2x" data-file-width="300" data-file-height="300" /> ₹9,144 crore (US$1.1 billion) (2022)<a href="#cite_note-nw18Q4-1">[1]</a></td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;">Number of employees</div></th><td class="infobox-data">6,000 (2021)<a href="#cite_note-nw18Q4-1">[1]</a></td></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/Parent_company" class="mw-redirect" title="Parent company">Parent</a></th><td class="infobox-data"><a href="/wiki/Reliance_Industries" title="Reliance Industries">Reliance Industries</a> (56.89%)</td></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/Division_(business)" title="Division (business)">Divisions</a></th><td class="infobox-data"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1126788409"><div class="plainlist"><ul><li><a href="/wiki/Network18_Publishing" class="mw-redirect" title="Network18 Publishing">Network18 Publishing</a></li><li><a href="/wiki/Capital18" class="mw-redirect" title="Capital18">Capital18</a></li><li>Topper Learning</li><li><a href="/wiki/Viacom18_Studios" title="Viacom18 Studios">Viacom18 Studios</a></li><li><a href="/wiki/Viacom18" title="Viacom18">Viacom18</a> (13.54%)</li><li><a href="/wiki/Jio_Star" class="mw-redirect" title="Jio Star">Jio Star</a> (63.16%)</li><li><a href="/wiki/JioCinema" title="JioCinema">JioCinema</a></li><li><a href="/wiki/Disney%2B_Hotstar" title="Disney+ Hotstar">Disney+ Hotstar</a></li></ul></div></td></tr><tr><th scope="row" class="infobox-label">Website</th><td class="infobox-data"><a rel="nofollow" class="external text" href="https://www.nw18.com/">www.nw18.com</a></td></tr></tbody></table> Network18 Group, is an Indian <a href="/wiki/Media_conglomerate" title="Media conglomerate">media conglomerate</a>, based in <a href="/wiki/Mumbai" title="Mumbai">Mumbai</a>. It is owned by <a href="/wiki/Reliance_Industries" title="Reliance Industries">Reliance Industries</a>. Rahul Joshi is the managing director, <a href="/wiki/Chief_executive_officer" title="Chief executive officer">chief executive officer</a> and group <a href="/wiki/Editor-in-chief" title="Editor-in-chief">editor-in-chief</a> of Network18 Group, and <a href="/wiki/Adil_Zainulbhai" title="Adil Zainulbhai">Adil Zainulbhai</a> is the chairman of its board of directors.<a href="#cite_note-:192-2">[2]</a> Network18 Group is the holding company of , <a href="/wiki/Web18" title="Web18">Web18</a>, <a class="mw-selflink-fragment" href="#Digital_and_publishing_divisions">Network18 Publishing</a> and Capital18. Through its subsidiaries and franchise licensing agreements, the group owns and operates the news broadcasting networks of News18, and <a href="/wiki/CNBC_TV18" title="CNBC TV18">CNBC channels in India</a>, the magazines of <a href="/wiki/Forbes_India" title="Forbes India">Forbes India</a> and <a href="/wiki/Overdrive_(magazine)" class="mw-redirect" title="Overdrive (magazine)">Overdrive</a>, the websites of <a href="/wiki/Firstpost" title="Firstpost">Firstpost</a> and <a href="/wiki/Moneycontrol" class="mw-redirect" title="Moneycontrol">Moneycontrol</a>, and owns various other assets and investments. The broadcasting subsidiary Network18 Group is the controlling partner in two mass media joint ventures, <a href="/wiki/Viacom18" title="Viacom18">Viacom18</a> and AETN18, through which it operates the OTT platforms of <a href="/wiki/Voot" title="Voot">Voot</a>, the production house <a href="/wiki/Viacom18_Studios" title="Viacom18 Studios">Viacom18 Studios</a>, the television networks of <a href="/wiki/Colors_TV" title="Colors TV">Colors TV</a>, <a href="/wiki/Nickelodeon_(Indian_TV_channel)" title="Nickelodeon (Indian TV channel)">Nickelodeon</a>, <a href="/wiki/Comedy_Central_(Indian_TV_channel)" title="Comedy Central (Indian TV channel)">Comedy Central</a>, <a href="/wiki/VH1_(Indian_TV_channel)" title="VH1 (Indian TV channel)">VH1</a>, <a href="/wiki/MTV_(Indian_TV_channel)" title="MTV (Indian TV channel)">MTV</a> and the channel <a href="/wiki/History_TV18" title="History TV18">History TV18</a>. Incorporated in 1996 by Geeta and Rakesh Gupta, the company was acquired by <a href="/wiki/Ritu_Kapur" title="Ritu Kapur">Ritu Kapur</a> and <a href="/wiki/Raghav_Bahl" title="Raghav Bahl">Raghav Bahl</a> to be converted into a conglomerate holding company between 2003 and 2006. It oversaw one of the largest collections of media properties in India following its conversion but became encumbered with debt due to aggressive expansions. In 2012, the company entered into a debt agreement with <a href="/wiki/Reliance_Industries" title="Reliance Industries">Reliance Industries</a>, through which it was granted a number of channels from the <a href="/wiki/ETV_Network" title="ETV Network">ETV Network</a>. The agreement eventually enabled a <a href="/wiki/Takeover" title="Takeover">takeover</a> of the company in 2014. <meta property="mw:PageProp/toc" /> <div class="mw-heading mw-heading2"><h2 id="History">History</h2>[<a href="/w/index.php?title=Network18_Group&action=edit&section=1" title="Edit section: History">edit</a>]</div> <div class="mw-heading mw-heading3"><h3 id="1996–2007:_Acquisition_and_restructuring">1996–2007: Acquisition and restructuring</h3>[<a href="/w/index.php?title=Network18_Group&action=edit&section=2" title="Edit section: 1996–2007: Acquisition and restructuring">edit</a>]</div> SGA Finance and Management Services was incorporated on 16 February 1996,<a href="#cite_note-:12-3">[3]</a> as a <a href="/wiki/Private_limited_company" title="Private limited company">private limited company</a> by Geeta and Rakesh Gupta and acquired soon afterwards by Vidya Devi and Anil Jindal. The company had remained inactive without any clear prospects until it was later acquired by the promoters of Television Eighteen India Limited.<a href="#cite_note-:0-4">[4]</a> The news broadcasting company Television Eighteen (TEIL) founded by <a href="/wiki/Ritu_Kapur" title="Ritu Kapur">Ritu Kapur</a> and <a href="/wiki/Raghav_Bahl" title="Raghav Bahl">Raghav Bahl</a>, became a <a href="/wiki/Public_limited_company" title="Public limited company">public limited company</a> in 1999 and its <a href="/wiki/Initial_public_offering" title="Initial public offering">initial public offering</a> (IPO) received an overwhelming response.<a href="#cite_note-:0-4">[4]</a><a href="#cite_note-:13-5">[5]</a> The investments through the IPO exceeded the target set by the company by a magnitude of over 50 times by the end of the year, raising ₹2,511 crore (equivalent to ₹31 billion or US$370 million in 2023) in the process.<a href="#cite_note-:1-6">[6]</a> This decreased the promoters' stake in the company from 75% to 26.11% by 2002 causing complications. The company was in the middle of preparations to launch a Hindi business news channel but could no longer meet regulatory guidelines.<a href="#cite_note-:0-4">[4]</a> TEIL was in a joint venture with <a href="/wiki/CNBC" title="CNBC">CNBC</a> since 1998,<a href="#cite_note-:5-7">[7]</a> and the news channel to be launched was called <a href="/wiki/CNBC_Awaaz" title="CNBC Awaaz">CNBC Awaaz</a>.<a href="#cite_note-8">[8]</a> The guidelines required the Indian promoters to have more than 51% stake in their company to be able to establish a new <a href="/wiki/Telecommunications_link" title="Telecommunications link">Telecommunications link</a> for broadcasting.<a href="#cite_note-:0-4">[4]</a> <figure typeof="mw:File/Thumb"><a href="/wiki/File:CNBC_Awaaz_News_Van.jpg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/8/88/CNBC_Awaaz_News_Van.jpg/320px-CNBC_Awaaz_News_Van.jpg" decoding="async" width="320" height="240" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/8/88/CNBC_Awaaz_News_Van.jpg/480px-CNBC_Awaaz_News_Van.jpg 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/8/88/CNBC_Awaaz_News_Van.jpg/640px-CNBC_Awaaz_News_Van.jpg 2x" data-file-width="3072" data-file-height="2304" /></a><figcaption><a href="/wiki/Production_truck" title="Production truck">Production truck</a> of <a href="/wiki/CNBC_Awaaz" title="CNBC Awaaz">CNBC Awaaz</a> on the street (2006)</figcaption></figure> In 2003, SGA Finance was acquired by Ritu Kapur and Raghav Bahl, in to order to launch the channel and Bahl became its managing director. The company raised ₹5 crore (equivalent to ₹6.2 crore or US$740,000 in 2023) through two batches of investments from the two promoters in March 2003 and in January 2004, and then incorporated a subsidiary called SGA News.<a href="#cite_note-:0-4">[4]</a> In the meantime, the government introduced a 26% foreign equity cap in the news broadcasting industry. In response to the new regulations the joint venture with CNBC was discarded and the partnership converted into a <a href="/wiki/Franchising" title="Franchising">content branding and franchise</a> agreement.<a href="#cite_note-:5-7">[7]</a> In the financial year 2004–2005, TEIL invested ₹25 crore (equivalent to ₹31 crore or US$3.7 million in 2023) in SGA News for <a href="/wiki/Preferred_stock" title="Preferred stock">preferences stocks</a>.<a href="#cite_note-:0-4">[4]</a> CNBC Awaaz was launched on 13 January 2005.<a href="#cite_note-9">[9]</a> In the financial year 2005–2006, TEIL supplemented its initial investment with an additional ₹39.10 crore (equivalent to ₹49 crore or US$5.8 million in 2023) in SGA News for <a href="/wiki/Common_stock" title="Common stock">common stocks</a>. Following this, the boards of both the companies proposed a restructuring which received approval from the shareholders. The companies underwent several rounds of restructuring which came to a conclusion in November 2006. TEIL became a subsidiary of SGA Finance, the promoters gained a majority stake in TEIL, CNBC Awaaz was transferred to TEIL and shareholders of TEIL were accommodated with a stake in SGA Finance.<a href="#cite_note-:0-4">[4]</a> On 20 October 2006, SGA Finance was converted into a public limited company and re-incorporated as Network18 Fincap Limited.<a href="#cite_note-:12-3">[3]</a> During the restructuring process, TEIL had also founded a subsidiary called Global Broadcast News (GBN).<a href="#cite_note-:0-4">[4]</a> GBN had entered into a franchising partnership with <a href="/wiki/List_of_assets_owned_by_Warner_Bros._Discovery" title="List of assets owned by Warner Bros. Discovery">CNN Worldwide</a> to launch the English general news channel <a href="/wiki/CNN-News18" title="CNN-News18">CNN IBN</a> in December 2005.<a href="#cite_note-:19-10">[10]</a> Bahl was able to convince several senior professionals working at the leading news broadcaster <a href="/wiki/NDTV" title="NDTV">NDTV</a> including their editor-in-chief <a href="/wiki/Rajdeep_Sardesai" title="Rajdeep Sardesai">Rajdeep Sardesai</a> and the chief financial officer (CFO) Sameer Manchanda to join the enterprise before its launch.<a href="#cite_note-Kaushik-TheTempest_-11">[11]</a> Haresh Chawla, the CEO of TEIL and Network18 was instrumental in both convincing Sardesai to quit and Bahl to take on NDTV as their competition.<a href="#cite_note-:14-12">[12]</a> Due to the restructuring, Network18 instead of TEIL was allotted the shares of GBN and by the end of the financial year 2006–2007, Network18 held both GBN and TEIL as its subsidiaries; GBN operated CNN IBN and TEIL operating all the business news channels along with the information websites <a href="/wiki/Brain%E2%80%93computer_interface" title="Brain–computer interface">Moneycontrol</a> and News Wire.<a href="#cite_note-:0-4">[4]</a> Network18 was converted into a public limited company in 2006, and listed on the <a href="/wiki/Bombay_Stock_Exchange" title="Bombay Stock Exchange">Bombay Stock Exchange</a> (BSE) and the <a href="/wiki/National_Stock_Exchange_of_India" title="National Stock Exchange of India">National Stock Exchange</a> (NSE) in 2007.<a href="#cite_note-13">[13]</a> <div class="mw-heading mw-heading3"><h3 id="2007–2011:_Expansion,_consolidation_and_increasing_debt">2007–2011: Expansion, consolidation and increasing debt</h3>[<a href="/w/index.php?title=Network18_Group&action=edit&section=3" title="Edit section: 2007–2011: Expansion, consolidation and increasing debt">edit</a>]</div> Global Broadcast News (GBN), the subsidiary operating CNN IBN became a publicly traded company in January 2007 and its IPO generated a successful response, similar to that of Television Eighteen India Limited (TEIL).<a href="#cite_note-:0-4">[4]</a><a href="#cite_note-:13-5">[5]</a> GBN was renamed as IBN18 Broadcast,<a href="#cite_note-:15-14">[14]</a> and on 1 December 2007, Network18 Fincap itself was renamed to Network18 Media & Investments.<a href="#cite_note-:12-3">[3]</a> Network18 began diversifying with cross media interests in 2008.<a href="#cite_note-:192-2">[2]</a> It had high liquidity and expanded rapidly, it started the film production house called Indian Film Company (IFC),<a href="#cite_note-:14-12">[12]</a> launched the shopping channel <a href="/wiki/Home_Shop_18" title="Home Shop 18">Home Shop18</a>,<a href="#cite_note-:15-14">[14]</a> and entered into an franchise agreement to launch the <a href="/wiki/Forbes_India" title="Forbes India">Indian edition of the Forbes</a> business magazine,<a href="#cite_note-:28-15">[15]</a> while IBN18 Broadcast entered into a joint venture with the <a href="/wiki/Marathi_language" title="Marathi language">Marathi language</a> newspaper <a href="/wiki/Lokmat" title="Lokmat">Lokmat</a> to launch the Marathi news channel <a href="/wiki/News18_Lokmat" title="News18 Lokmat">IBN Lokmat</a>,<a href="#cite_note-16">[16]</a> and began a joint venture with <a href="/wiki/Viacom_(2005%E2%80%932019)" title="Viacom (2005–2019)">Viacom</a> to initiate the group's foray in mass media and general entertainment channels under <a href="/wiki/Viacom18" title="Viacom18">Viacom18</a>.<a href="#cite_note-17">[17]</a> Network18 registered losses in the financial years 2008–2009 and 2009–2010. Its investments had outstripped the profits generated by its operational assets. In addition, the group had existing debt obligations and requirements for providing <a href="/wiki/Rate_of_return" title="Rate of return">returns to its investors</a> which resulted in net losses of ₹331.64 crore (equivalent to ₹412 crore or US$49 million in 2023) and ₹276.89 crore (equivalent to ₹344 crore or US$41 million in 2023) respectively. Viacom18 in particular was a drain on the company's funds. The financial statement of the company in 2009 had reported that it was retiring outstanding debt and raising funds through equity investments. In response to the financial challenges, the group began restructuring and consolidating its assets in the same year. IBN18 Broadcast was renamed to <a href="/wiki/TV18" title="TV18">TV18</a> and Television Eighteen India Limited (TEIL) which operated the business news channels of the company was merged into it.<a href="#cite_note-:15-14">[14]</a> The digital media and publishing operations were transferred to the parent company Network18 under the divisions of <a href="/wiki/Web18" title="Web18">Web18</a> and Network18 Publishing respectively.<a href="#cite_note-:28-15">[15]</a><a href="#cite_note-18">[18]</a><a href="#cite_note-:04-19">[19]</a> In the financial year 2010–2011, Network18 registered a loss of ₹43.53 crore (equivalent to ₹54 crore or US$6.5 million in 2023), which was a considerable decrease from the previous two years and Bahl reportedly told the shareholders during the presentation of the annual report that "the best times are still ahead of us".<a href="#cite_note-:15-14">[14]</a> In 2010, Network18 had gone on to announce a new joint venture AETN18 with the American media company <a href="/wiki/A%26E_Networks" title="A&E Networks">A&E Networks</a> to launch <a href="/wiki/History_TV18" title="History TV18">History TV18</a>, the Indian edition of <a href="/wiki/History_(American_TV_network)" class="mw-redirect" title="History (American TV network)">History</a>.<a href="#cite_note-20">[20]</a> The company had also entered into a distribution joint venture with the <a href="/wiki/Sun_TV_Network" title="Sun TV Network">Sun TV Network</a> called Sun18. It had 2 divisions named Sun18 North and Sun18 South, the former was managed by Network18 and the latter by the Sun Network.<a href="#cite_note-21">[21]</a> The joint venture was later restricted to <a href="/wiki/Tamil_Nadu" title="Tamil Nadu">Tamil Nadu</a> and replaced by the TV18–Viacom18 distribution joint venture IndiaCast in 2012.<a href="#cite_note-22">[22]</a> The consolidation of assets was completed by 2011 but it alone could not mitigate the financial challenges.<a href="#cite_note-:15-14">[14]</a> Over the past years, the market had changed rapidly, the group was facing increased competition from other broadcasters,<a href="#cite_note-:142-23">[23]</a> and advertising revenue had decreased due to economic downturn.<a href="#cite_note-:5-7">[7]</a> <div class="mw-heading mw-heading3"><h3 id="2011–2014:_Takeover_by_Reliance_Industries">2011–2014: Takeover by Reliance Industries</h3>[<a href="/w/index.php?title=Network18_Group&action=edit&section=4" title="Edit section: 2011–2014: Takeover by Reliance Industries">edit</a>]</div> Network18 had made optimistic projections for years but after 2011, it came to face a possible financial collapse and loss of control for its managing director Raghav Bahl.<a href="#cite_note-:15-14">[14]</a> The group had accumulated an outstanding debt of over ₹1,400 crore (equivalent to ₹17 billion or US$210 million in 2023) by September 2011.<a href="#cite_note-:7-24">[24]</a> Employees were convinced that the company had expanded too aggressively and the market could not support it. In search of assistance in the form of external financing, Bahl decided to begin talks with the multinational energy giant <a href="/wiki/Reliance_Industries" title="Reliance Industries">Reliance Industries</a>.<a href="#cite_note-:14-12">[12]</a> In November 2011, the CEO, Haresh Chawla resigned despite having been one of the founders of the media conglomerate.<a href="#cite_note-:14-12">[12]</a> According to company insiders, he was persistently trying to convince Bahl to not enter into a debt agreement with <a href="/wiki/Mukesh_Ambani" title="Mukesh Ambani">Mukesh Ambani</a> and instead raise funds by divesting part of the group's stake in the subsidiary Viacom18.<a href="#cite_note-:7-24">[24]</a> In a later interview, he had commented that his resignation was an easy decision as he did not want anything to do with the Ambanis. According to a senior editor at the group, the decision to enter the talks was made reluctantly, as "[Bahl] was in a bind about entering a pact with the devil".<a href="#cite_note-:14-12">[12]</a> <figure class="mw-halign-left" typeof="mw:File/Thumb"><a href="/wiki/File:Mukesh_Ambani.jpg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/6/69/Mukesh_Ambani.jpg/220px-Mukesh_Ambani.jpg" decoding="async" width="220" height="291" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/6/69/Mukesh_Ambani.jpg 1.5x" data-file-width="268" data-file-height="355" /></a><figcaption><a href="/wiki/Mukesh_Ambani" title="Mukesh Ambani">Mukesh Ambani</a>, the chairman of <a href="/wiki/Reliance_Industries" title="Reliance Industries">Reliance Industries</a> (RIL)</figcaption></figure> On 3 January 2012, Reliance Industries Limited (RIL) and Network18 announced a partnership.<a href="#cite_note-:1-6">[6]</a><a href="#cite_note-:17-25">[25]</a> Reliance Industries set up a body called the Independent Media Trust (IMT) and infused funds into the company through a number of shell companies as part of a complex financial transaction.<a href="#cite_note-:16-26">[26]</a> ₹5,400 crore (equivalent to ₹67 billion or US$800 million in 2023) was transferred to Network18 and TV18 Broadcast, half the amount to each respectively, of which Network18 received a net amount of ₹4,000 crore (equivalent to ₹50 billion or US$600 million in 2023) due to its stake in TV18.<a href="#cite_note-27">[27]</a> The shell companies gained rights to <a href="/wiki/Debenture" title="Debenture">debentures</a> convertible to equity within 10 years.<a href="#cite_note-:16-26">[26]</a> RIL also forced Network18 to buy its stakeholding in <a href="/wiki/ETV_Network" title="ETV Network">ETV Network</a> for a sum of ₹2,100 crore (equivalent to ₹26 billion or US$310 million in 2023) without which the net sum would have been for a much smaller amount.<a href="#cite_note-:7-24">[24]</a> The purchase also included two regional broadcasters; Panorama and Prism.<a href="#cite_note-:27-28">[28]</a> The acquisition included most of the television broadcasting properties of the <a href="/wiki/Ramoji_Group" title="Ramoji Group">Ramoji Group</a>. The group retained the rights to ETV brand, while Network18 acquired 100% shareholding of 5 general news channels, 50% shareholding of 5 general entertainment channels and 24.5% shareholding in 2 other channels.<a href="#cite_note-29">[29]</a> The entertainment channels were held by the joint venture of Viacom18.<a href="#cite_note-:38-30">[30]</a> One point of disagreement for Chawla had been in the valuation of ETV at ₹3,500 crore (equivalent to ₹43 billion or US$520 million in 2023) when the company was worth only ₹525 crore (equivalent to ₹652 crore or US$78 million in 2023) in March 2011.<a href="#cite_note-:18-31">[31]</a> The transaction was completed in 2013,<a href="#cite_note-:192-2">[2]</a> and turned Network18 into the largest group of media companies in India, surpassing <a href="/wiki/Disney_Star" title="Disney Star">Star India</a> owned by the billionaire media mogul <a href="/wiki/Rupert_Murdoch" title="Rupert Murdoch">Rupert Murdoch</a> and <a href="/wiki/The_Times_Group" title="The Times Group">The Times Group</a> owned by the <a href="/wiki/Sahu_Jain_family" title="Sahu Jain family">Sahu Jain family</a>. The <a href="/wiki/Broadband" title="Broadband">broadband</a> subsidiary of RIL, <a href="/wiki/Jio" title="Jio">Infotel</a> signed a <a href="/wiki/Memorandum_of_understanding" title="Memorandum of understanding">memorandum of understanding</a> with the group and gained preferential access to its content.<a href="#cite_note-:17-25">[25]</a> In the form of a passive investor, RIL had indirect control over the company,<a href="#cite_note-:7-24">[24]</a> and authority over its financial decisions. The executives retained operational control of the company.<a href="#cite_note-:16-26">[26]</a> On 12 November 2012, IMT passed a resolution which allowed two senior officials from RIL to be appointed as additional trustees and Bahl lost further control within the trust. IMT held the option of converting the debentures to equity which could turn RIL into the majority shareholder of Network18.<a href="#cite_note-:16-26">[26]</a> In 2013, Network18 had become debt free,<a href="#cite_note-:7-24">[24]</a> and RIL's investment had led to assumptions that it would not initiate any further cost cutting measures.<a href="#cite_note-:143-32">[32]</a> Viacom18 after being a drain on the network's finances for years had finished its long germination period and had entered into a period of exponential growth.<a href="#cite_note-:15-14">[14]</a> However, on 16 August 2013, the company carried out an unexpected large scale wage reduction and staff lay-offs which came to be known as "Black Friday" among the employees. In the news branches, the lay-offs included around 300 producers, journalists and other staff, who were fired in no recognisable pattern in terms of salary, seniority or branch.<a href="#cite_note-:143-32">[32]</a> There was ambiguity over severance packages and compensations and the human resources department was accompanied by executives of the RIL backed IMT in abrupt handing out of termination letters to employees without prior notice, who were then told to leave within 10 minutes.<a href="#cite_note-33">[33]</a> This further led to <a href="/wiki/Job_security" title="Job security">Job security</a> among employees, many of whom began applying for and were hired by competing news broadcasters in the following period.<a href="#cite_note-:143-32">[32]</a> In the months of November–December, the network's coverage of <a href="/wiki/Arvind_Kejriwal" title="Arvind Kejriwal">Arvind Kejriwal</a> started to become a source of contention with RIL and Ambani.<a href="#cite_note-:7-24">[24]</a> Kejriwal was the head of the <a href="/wiki/India_Against_Corruption" title="India Against Corruption">India Against Corruption</a> (IAC) movement and had made several allegations against various politicians and businessmen, including Mukesh Ambani.<a href="#cite_note-:7-24">[24]</a><a href="#cite_note-:16-26">[26]</a> His allegations against Ambani and RIL was over irregularities in pricing of <a href="/wiki/Natural_gas" title="Natural gas">natural gas</a> in the <a href="/wiki/Krishna_Godavari_Basin" title="Krishna Godavari Basin">Krishna Godavari Basin</a> which received national media attention and was reported on by Network18 as well.<a href="#cite_note-:7-24">[24]</a> RIL denied the allegation and reacted by threatening to file a lawsuit against Kejriwal but without any effect. Following which, the energy giant reportedly attempted to pressurise Network18 into censoring any and all coverage of IAC and Kejriwal including in March 2014, in a direct communication between Ambani and Rajdeep Sardesai, the managing editor of CNN IBN and <a href="/wiki/News18_India" title="News18 India">IBN 7</a>.<a href="#cite_note-:7-24">[24]</a> In the previous years, one allegation that had come up against Ambani was that he had bailed out <a href="/wiki/Ramoji_Rao" title="Ramoji Rao">Ramoji Rao</a> in the Margdarsai chit fund scandal and in the process gained stake in Rao's ETV Network, the same company which RIL had forced Network18 to buy a stake in.<a href="#cite_note-:17-25">[25]</a> According to an anonymous insider present at a meeting between the executives of Network18 and RIL, the right-hand man of Ambani, Manoj Modi had threatened Bahl by stating "You are calling us a dacoit, you are shouting that we are crony capitalists. If that is so, then why did you come to us for money in the first place? Do you think you have a clean record?"<a href="#cite_note-:7-24">[24]</a> Around the same time, the network increasingly began leaning right wing and attempted to publicise <a href="/wiki/Narendra_Modi" title="Narendra Modi">Narendra Modi</a> as the prospective prime ministerial candidate with feature pieces and continuous reporting.<a href="#cite_note-:142-23">[23]</a><a href="#cite_note-34">[34]</a> The network dedicated more hours than any other broadcaster to Modi and disproportionately more compared to other candidates.<a href="#cite_note-:142-23">[23]</a> The executives of Network18 were eager to repay the loan to RIL and get rid of Ambani's influence over the company.<a href="#cite_note-:7-24">[24]</a> Reports have suggested that the network's coverage of Kejriwal became the trigger for the company to initiate a takeover.<a href="#cite_note-:18-31">[31]</a> RIL communicated its intention to Bahl, offering him the option of continuing as managing editor with a ₹20 crore (equivalent to ₹25 crore or US$3.0 million in 2023) annual salary and gave him 3 days to make his decision. He rejected the offer and on 27 May 2014, announced in midst of a routine meeting with his board of directors that he was going to resign as RIL wanted to takeover and nothing could be done about it.<a href="#cite_note-:7-24">[24]</a> The announcement caused an exodus of employees from the company which included senior journalists and executives. B. Sai Kumar (CEO) and Ajay Chacko (COO) resigned on 28 May 2014. From the following day, a stream of resignations started coming in while RIL released a press statement that it had gained complete control of the company, R. D. S. Bawa (CFO) and <a href="/wiki/Ritu_Kapur" title="Ritu Kapur">Ritu Kapur</a> (co-promoter and one of the directors) resigned on the same day. The legal <a href="/wiki/General_counsel" title="General counsel">general counsel</a> to the company, Kshipra Jatana resigned from her position but stayed on to oversee the transfer of ownership.<a href="#cite_note-:7-24">[24]</a> She was appointed as the manager of the company for the interim period since Bahl had resigned as well.<a href="#cite_note-:20-35">[35]</a> Bahl and Kapur received ₹706.96 crore (equivalent to ₹879 crore or US$110 million in 2023) for RIL to acquire their remaining shares. The net valuation of the company was at ₹4,295 crore (equivalent to ₹53 billion or US$640 million in 2023), whereas the net cash flow for RIL stood at ₹1,341 crore (equivalent to ₹17 billion or US$200 million in 2023) in the multi year transaction between 2011 and 2014 including those related to ETV. RIL had mitigated costs in this period through returns from the investments in the two companies and from selling the shares it had acquired in Network18's subsidiaries themselves. It was noted that due to the structure of the transaction, RIL had in effect partly financed its takeover by raising funds from the company's own subsidiaries such as TV18 Broadcast.<a href="#cite_note-:16-26">[26]</a> The takeover process was completed on 7 July 2014; IMT and its sole benefactor RIL became the new promoters group.<a href="#cite_note-36">[36]</a> <div class="mw-heading mw-heading3"><h3 id="2014–Present:_Reliance_Industries_era">2014–Present: Reliance Industries era</h3>[<a href="/w/index.php?title=Network18_Group&action=edit&section=5" title="Edit section: 2014–Present: Reliance Industries era">edit</a>]</div> Following the takeover, Reliance Industries Limited (RIL) reshuffled the management and board of directors of both Network18 and its subsidiary TV18 Broadcast.<a href="#cite_note-:27-28">[28]</a> The nominees of the RIL backed Independent Media Trust (IMT) joined the board of Network18.<a href="#cite_note-:26-37">[37]</a> <a href="/wiki/Deepak_Parekh" title="Deepak Parekh">Deepak Parekh</a>, the chairman of <a href="/wiki/Housing_Development_Finance_Corporation" title="Housing Development Finance Corporation">Housing Development Finance Corporation</a> (HDFC) and <a href="/wiki/Adil_Zainulbhai" title="Adil Zainulbhai">Adil Zainulbhai</a> were also inducted into the company as independent directors in the board.<a href="#cite_note-:26-37">[37]</a><a href="#cite_note-38">[38]</a> While retaining the position of independent director at RIL and <a href="/wiki/Larsen_%26_Toubro" title="Larsen & Toubro">Larsen & Toubro</a>, and being the newly elected <a href="/wiki/Narendra_Modi" title="Narendra Modi">Narendra Modi</a> government's appointment to the position of chairman of <a href="/wiki/Quality_Council_of_India" title="Quality Council of India">Quality Council of India</a> (QCI),<a href="#cite_note-:21-39">[39]</a> Zainulbhai was appointed by RIL to the position of chairman of the board.<a href="#cite_note-:22-40">[40]</a> Commentators raised concerns that the editorial integrity of the network may not be preserved under the new management. The channels of the network had stopped all coverage of Kejriwal and the new <a href="/wiki/Aam_Aadmi_Party" title="Aam Aadmi Party">Aam Aadmi Party</a> (AAP) who had levied corruption accusations at RIL. The editor-in-chief of the flagship general news channel CNN IBN, resigned within a week of the takeover with the reason that the management was interfering in editorial decision making and dictating what could or could not be aired.<a href="#cite_note-41">[41]</a> A. P. Parigi, the former managing director and CEO of <a href="/wiki/Entertainment_Network_India_Limited" title="Entertainment Network India Limited">Entertainment Network India Limited</a> (<a href="/wiki/The_Times_Group" title="The Times Group">The Times Group</a> subsidiary operating <a href="/wiki/Radio_Mirchi" title="Radio Mirchi">Radio Mirchi</a>), was recruited by RIL and appointed as the new CEO of Network18 on 29 January 2015.<a href="#cite_note-:23-42">[42]</a> Parigi resigned as CEO and was moved to an advisory role in the company on 1 October.<a href="#cite_note-:24-43">[43]</a> Rahul Joshi replaced Parigi as the new CEO and was made the <a href="/wiki/Editor-in-chief" title="Editor-in-chief">editor-in-chief</a> of the group.<a href="#cite_note-:25-44">[44]</a> Joshi was the editorial director of <a href="/wiki/The_Economic_Times" title="The Economic Times">The Economic Times</a>, a financial newspaper published by The Times Group before he had resigned from the company to join Network18 in August 2015.<a href="#cite_note-:25-44">[44]</a> The editorial departments were unified with the operational and commercial divisions of the company, the chairman Zainulbhai stated that Pairigi had helped stabilise the operations and that Joshi would now run the company with an "ownership mindset".<a href="#cite_note-:24-43">[43]</a> The acquisition of the company by RIL, the largest conglomerate in India with deep interests in the <a href="/wiki/Energy_industry" title="Energy industry">Energy industry</a>, was considered to be a part of a trend of growing <a href="/wiki/Commodification" title="Commodification">commodification</a> of information, detrimental to the treatment of journalism as a <a href="/wiki/Public_service" title="Public service">public service</a>. It increased the concentration of cross media ownership in the hands of a small group of large corporate actors in a market that was already <a href="/wiki/Oligopoly" title="Oligopoly">Oligopoly</a> and reduced the diversity of information disseminating outlets. Control over the news organisation, had strengthened RIL's ability to influence the formation of <a href="/wiki/Public_opinion" title="Public opinion">public opinion</a> and as a result the <a href="/wiki/Political_economy" title="Political economy">political economy</a> of the country, and also decreased space for reporting which could be detrimental to the energy giant's interests and public relations.<a href="#cite_note-:34-45">[45]</a> Between 2014 and 2016, Network18 attempted to expand into regional markets of the news broadcasting sector with a spate of new channels, which was seen with apprehension among media observers. The expansion occurred as part of RIL's ₹150,000 crore (equivalent to ₹1.9 trillion or US$22 billion in 2023) investment in the rollout of its <a href="/wiki/4G" title="4G">4G</a> data business.<a href="#cite_note-:37-46">[46]</a> RIL had stated during the takeover that the acquisition would help in differentiating their 4G business through <a href="/wiki/Corporate_synergy" title="Corporate synergy">corporate synergy</a>.<a href="#cite_note-:02-47">[47]</a> Infotel, the broadband subsidiary of RIL had been reincorporated as <a href="/wiki/Jio" title="Jio">Reliance Jio Infocomm</a> and was in the process of launching its data transfer business.<a href="#cite_note-:34-45">[45]</a> It was suggested that the synergy would alleviate stresses posed by unstable market conditions in the news broadcast industry,<a href="#cite_note-:27-28">[28]</a> while Jio would provide exclusive content from Network18 productions to increase traffic towards itself and expand its customer base. The synergy was however not adopted, according to analysts it was not financially beneficial to restrict content to only Jio customers and that Jio itself could be more profitable by being a <a href="/wiki/News_aggregator" title="News aggregator">content aggregator</a> at competitive rates and still have a cost advantage due to its scale.<a href="#cite_note-:29-48">[48]</a> In 2016, Network18 undertook a rebranding operation, the IBN brand was phased out and replaced with News18, channels such as CNN IBN renamed to <a href="/wiki/CNN-News18" title="CNN-News18">CNN-News18</a>,<a href="#cite_note-49">[49]</a> and IBN7 renamed to <a href="/wiki/News18_India" title="News18 India">News18 India</a>,<a href="#cite_note-50">[50]</a> among others.<a href="#cite_note-51">[51]</a> Earlier in December 2015, <a href="/wiki/List_of_assets_owned_by_Warner_Bros._Discovery" title="List of assets owned by Warner Bros. Discovery">CNN Worldwide</a> had finalised its decision to renew the franchise licensing agreement with Network18,<a href="#cite_note-52">[52]</a> after a period of uncertainty.<a href="#cite_note-:19-10">[10]</a> In May 2018, <a href="/wiki/Cobrapost" title="Cobrapost">Cobrapost</a> released a set of footages from a sting operation into several media organisations.<a href="#cite_note-:32-53">[53]</a> Network18 was one of the organisations featured,<a href="#cite_note-:32-53">[53]</a><a href="#cite_note-:33-54">[54]</a> and the sting displayed positive responses from senior marketing executives of the company to a proposition of entering into an agreement for undisclosed <a href="/wiki/Paid_news_in_India" title="Paid news in India">paid news</a> to promote <a href="/wiki/Hindutva" title="Hindutva">Hindutva</a> political propaganda.<a href="#cite_note-:32-53">[53]</a> The executives included sales and marketing head of the group as well as the sales head of the ETV Network with the latter remarking that they were already pushing the ideology and would increase their efforts by 80–90% following the agreement.<a href="#cite_note-:35-55">[55]</a> The implications of the sting raised questions about <a href="/wiki/Media_independence" class="mw-redirect" title="Media independence">media independence</a> in India,<a href="#cite_note-:36-56">[56]</a> and was described as a part of a phenomenon where the separation of editorial and marketing departments of news organisations are increasingly blurred due to advertisement business models.<a href="#cite_note-:33-54">[54]</a> Several of the media houses denied the allegation put forth by the sting,<a href="#cite_note-:36-56">[56]</a> Network18 did not respond to it.<a href="#cite_note-:35-55">[55]</a> On 9 July 2018, Joshi was elevated to the position of managing director while retaining the designations of CEO and group editor-in-chief. Kshipra Jatana who had officially held the designation of managing director since Bahl's resignation was removed from the position.<a href="#cite_note-:30-57">[57]</a> In 2019, Network18 initiated heavy cost cutting measures, increments and new hires were frozen while budgets for employing freelancers were greatly reduced. Newsrooms were demoralised as uncertainty grew among employees and outlets such as <a href="/wiki/Firstpost" title="Firstpost">Firstpost</a> which relied heavily on freelancers were severely affected in their operations. Economic slowdown had reduced advertisement revenues and the regional channels of the company had not been successful in their respective markets.<a href="#cite_note-:29-48">[48]</a> The group had registered losses in the financial years of 2016–2017 and 2017–2018.<a href="#cite_note-:27-28">[28]</a><a href="#cite_note-58">[58]</a> On 21 November 2019, RIL entered into talks with the Japanese multinational media conglomerate <a href="/wiki/Sony" title="Sony">Sony</a> for consideration over a number of potential deal structures including merger options, schemes for acquisition of a stake in Network18 or the acquisition of the entertainment assets of the company, among others.<a href="#cite_note-:3-59">[59]</a><a href="#cite_note-60">[60]</a> On 28 November, <a href="/wiki/Bloomberg_News" title="Bloomberg News">Bloomberg</a> broke the news that Ambani was also in talks with The Times Group to potentially sell off the entire media conglomerate as it was suffering from losses.<a href="#cite_note-61">[61]</a> In response to the report, RIL released a statement describing it as "false and malicious".<a href="#cite_note-:31-62">[62]</a> The Times Group denied it but with an addendum that "[they] will explore all strategic options as they present". In the following period, Network18's business news website <a href="/wiki/Brain%E2%80%93computer_interface" title="Brain–computer interface">Moneycontrol</a> published an article which claimed that the newly founded joint venture, <a href="/wiki/BQ_Prime" title="BQ Prime">BloombergQuint</a> was on the verge of collapse.<a href="#cite_note-:29-48">[48]</a> The article was published 5 days after Bloomberg's report and was described as a retaliatory piece.<a href="#cite_note-63">[63]</a> In February 2020, RIL announced that it would consolidate its distribution and media businesses. The subsidiary TV18 Broadcast would be merged with Network18, which would acquire the cable distribution companies <a href="/wiki/DEN_Networks" title="DEN Networks">DEN Networks</a> and <a href="/wiki/Hathway" title="Hathway">Hathway</a> as two <a href="/wiki/Subsidiary" title="Subsidiary">Subsidiary</a> subsidiaries,<a href="#cite_note-64">[64]</a><a href="#cite_note-:4-65">[65]</a> RIL held the two companies through an earlier acquisition in October 2018.<a href="#cite_note-66">[66]</a><a href="#cite_note-67">[67]</a> The merger would have converted the Network18 into an integrated media and distribution company.<a href="#cite_note-:2-68">[68]</a> The shareholding of the RIL in Network18 was projected to be reduced to 64% from 75% upon conclusion of the transactions in the merger operations.<a href="#cite_note-:6-69">[69]</a><a href="#cite_note-:2-68">[68]</a> According to some analysts, the consolidation would streamline the corporate structure of the company and make it a more attractive option for strategic investors,<a href="#cite_note-70">[70]</a><a href="#cite_note-71">[71]</a> while others stated that it decreased the likelihood of an agreement with Sony due to its key interest, the entertainment assets of Network18 becoming closely associated with the news operations, where there were restrictions over foreign ownership.<a href="#cite_note-72">[72]</a> In April 2020, the MD and CEO of Viacom18, Shudhanshu Vats resigned and Joshi took over his position as an additional charge.<a href="#cite_note-73">[73]</a><a href="#cite_note-74">[74]</a> The talks with Sony came to a finalised decision for a merger between <a href="/wiki/Viacom18" title="Viacom18">Viacom18</a> and <a href="/wiki/Sony_Pictures_Networks" title="Sony Pictures Networks">Sony Pictures Networks India</a> in July. The merger was scheduled to be completed by the end of August,<a href="#cite_note-75">[75]</a> Sony would obtain 74% stake leaving Viacom18 with 26% stake in the merged entity; Network18 and ViacomCBS would have around 13% in it respectively.<a href="#cite_note-76">[76]</a> The plans for the merger was abandoned in October. The implementation of the consolidation with the distribution companies was itself delayed and eventually cancelled in April 2021.<a href="#cite_note-77">[77]</a> In October 2020, TV18 Broadcast reported an 148.2% increase in profit margins during the <a href="/wiki/COVID-19_pandemic_in_India" title="COVID-19 pandemic in India">COVID-19 pandemic in India</a> and the company attributed it to "proactive measures on cost-control".<a href="#cite_note-78">[78]</a> In a <a href="/wiki/Right_to_Information_Act,_2005" title="Right to Information Act, 2005">Right to Information</a> (RTI) request response in June 2021, data released by the <a href="/wiki/Government_of_Uttar_Pradesh" title="Government of Uttar Pradesh">Government of Uttar Pradesh</a> showed that the government's spending on television advertisements was at ₹160.31 crore (equivalent to ₹180 crore or US$22 million in 2023) between April 2020 and May 2021 with Network18 as its biggest beneficiary. Promotion of the <a href="/wiki/Atmanirbhar_Bharat" title="Atmanirbhar Bharat">Atmanirbhar Bharat</a> campaign constituted a major portion of the spending and was made in the initial part of the year. Umashankar Dube, a journalist who had filed the RTI request had raised questions seeking answers to why the spending was made on television advertisements and not on relief efforts in midst of the pandemic but the Uttar Pradesh government's additional chief secretary of information refused to respond to queries on advertisement spending.<a href="#cite_note-79">[79]</a> <div class="mw-heading mw-heading2"><h2 id="Corporate_affairs">Corporate affairs</h2>[<a href="/w/index.php?title=Network18_Group&action=edit&section=6" title="Edit section: Corporate affairs">edit</a>]</div> <div class="mw-heading mw-heading3"><h3 id="Ownership">Ownership</h3>[<a href="/w/index.php?title=Network18_Group&action=edit&section=7" title="Edit section: Ownership">edit</a>]</div> <ul><li>The group was acquired by <a href="/wiki/Mukesh_Ambani" title="Mukesh Ambani">Mukesh Ambani</a> led conglomerate <a href="/wiki/Reliance_Industries" title="Reliance Industries">Reliance Industries</a> in 2014. The acquisition occurred by maneuvering a complex deal through the Independent Media Trust (IMT), set up by Reliance Industries to issue a loan for the debt encumbered Network18 in 2012.<a href="#cite_note-:16-26">[26]</a><a href="#cite_note-:02-47">[47]</a> It resulted in Reliance receiving 78% of the shareholding,<a href="#cite_note-:02-47">[47]</a> and as of 2019, the conglomerate holds 73.16% of the shares.<a href="#cite_note-:39-80">[80]</a></li> <li>Teesta Retail is a <a href="/wiki/Private_limited_company" title="Private limited company">private limited company</a> which holds 1.85% shareholding of the group.<a href="#cite_note-:03-81">[81]</a> It is an arm of Reliance Industries Investments and Holdings and is listed in the promoters group shareholders of Network18.<a href="#cite_note-82">[82]</a> The ownership of Teesta Retail is held by ten shell companies registered at the same address and with Reliance Industries domain names for their websites. The ten companies have listed directors of whom seven appear across all of them, who are also directors at various Reliance subsidiaries.<a href="#cite_note-:03-81">[81]</a></li> <li>Network18 is a <a href="/wiki/Public_limited_company" title="Public limited company">public limited company</a> and the public holdings constitutes around 25% of its shareholdings. Among major individual shareholders was the <a href="/wiki/Chief_Financial_Officer" class="mw-redirect" title="Chief Financial Officer">Chief Financial Officer</a> (CFO) of Network18, Hariharan Mahadevan who held 1.11% of the shares as a part of the public in 2019.<a href="#cite_note-:03-81">[81]</a></li></ul> <div class="mw-heading mw-heading3"><h3 id="Management">Management</h3>[<a href="/w/index.php?title=Network18_Group&action=edit&section=8" title="Edit section: Management">edit</a>]</div> <a href="/wiki/Ritu_Kapur" title="Ritu Kapur">Ritu Kapur</a> was the first director of the company after the resignation of the Jindals and was followed by <a href="/wiki/Raghav_Bahl" title="Raghav Bahl">Raghav Bahl</a>,<a href="#cite_note-:0-4">[4]</a> who was the managing director of the company between 2003 and 2014.<a href="#cite_note-:7-24">[24]</a> Haresh Chawla is considered to be the founding CEO of the company.<a href="#cite_note-83">[83]</a><a href="#cite_note-84">[84]</a> He was appointed as the CEO of <a href="/wiki/TV18" title="TV18">TV18</a> in 1999, having formerly worked at <a href="/wiki/Times_Music" title="Times Music">Times Music</a> and <a href="/wiki/Amitabh_Bachchan_Corporation" title="Amitabh Bachchan Corporation">Amitabh Bachchan Corporation</a>.<a href="#cite_note-:1-6">[6]</a> Chawla became the first CEO of Network18 after it was acquired and converted into the holding company of TV18.<a href="#cite_note-:0-4">[4]</a><a href="#cite_note-:1-6">[6]</a> He resigned from the company in November 2011 before Network18 entered into a deal with Reliance Industries, publicly stating that he wanted nothing to with the <a href="/wiki/Mukesh_Ambani" title="Mukesh Ambani">Ambanis</a>.<a href="#cite_note-:14-12">[12]</a> According to Raghav Bahl, the entire credit for enabling Network18 to establish a diverse variety of partnerships with the likes of <a href="/wiki/CNN" title="CNN">CNN Worldwide</a>, <a href="/wiki/CNBC" title="CNBC">CNBC</a>, <a href="/wiki/Forbes" title="Forbes">Forbes</a>, <a href="/wiki/Viacom_(2005%E2%80%932019)" title="Viacom (2005–2019)">Viacom</a> and <a href="/wiki/History_Channel" title="History Channel">History Channel</a> belonged to Chawla.<a href="#cite_note-:5-7">[7]</a> The COO, <a href="/w/index.php?title=B._Sai_Kumar&action=edit&redlink=1" class="new" title="B. Sai Kumar (page does not exist)">B. Sai Kumar</a> succeeded Chawla as the CEO of Network18, and resigned before the takeover of the company by Reliance.<a href="#cite_note-85">[85]</a> One of the directors at Reliance Industries and the <a href="/wiki/Prime_Minister_of_India" title="Prime Minister of India">Prime Minister of India</a>'s appointment to the <a href="/wiki/Quality_Council_of_India" title="Quality Council of India">Quality Council of India</a>,<a href="#cite_note-:21-39">[39]</a> <a href="/wiki/Adil_Zainulbhai" title="Adil Zainulbhai">Adil Zainulbhai</a> became the chairman of the board of directors of the company following the takeover.<a href="#cite_note-:22-40">[40]</a> Kshipra Jatana was the <a href="/wiki/General_counsel" title="General counsel">general counsel</a> at the group and had resigned during the takeover. She remained associated with the company to oversee the transition,<a href="#cite_note-:7-24">[24]</a> and became the manager in the interim period.<a href="#cite_note-:20-35">[35]</a> A. P. Parigi was appointed as the new CEO of the company after Sai Kumar's exit and held the position until he was moved to an advisory position by Reliance Industries in October 2015.<a href="#cite_note-:23-42">[42]</a><a href="#cite_note-86">[86]</a> Rahul Joshi, the editorial director at <a href="/wiki/The_Economic_Times" title="The Economic Times">The Economic Times</a> was recruited and appointed as both the CEO and editor-in-chief of the entire group following the takeover.<a href="#cite_note-:25-44">[44]</a><a href="#cite_note-87">[87]</a> In 2018, Joshi was elevated to the position of managing director by the board and Jatana resigned from her position.<a href="#cite_note-:30-57">[57]</a> <table class="wikitable"> <tbody><tr> <th>Tenure </th> <th>Chairman of the Board </th> <th>Managing Director </th> <th>Chief Executive Officer </th> <th>Editor-in-Chief </th></tr> <tr> <td>2003–2011 </td> <td rowspan="2">(Non existent designation) </td> <td rowspan="2"><a href="/wiki/Raghav_Bahl" title="Raghav Bahl">Raghav Bahl</a> </td> <td><a href="/wiki/Haresh_Chawla" class="mw-redirect" title="Haresh Chawla">Haresh Chawla</a> </td> <td rowspan="3">(Independent editorial management) </td></tr> <tr> <td>2011–2014 </td> <td><a href="/w/index.php?title=B._Sai_Kumar&action=edit&redlink=1" class="new" title="B. Sai Kumar (page does not exist)">B. Sai Kumar</a> </td></tr> <tr> <td>2014–2015 </td> <td rowspan="3">Adil Zainulbhai </td> <td rowspan="2">Kshipra Jatana (non-directorial) </td> <td>A. P. Parigi </td></tr> <tr> <td>2015–2018 </td> <td colspan="2">Rahul Joshi </td></tr> <tr> <td>2018–present </td> <td colspan="3">Rahul Joshi </td></tr></tbody></table> <div class="mw-heading mw-heading2"><h2 id="Operating_divisions_and_subsidiaries">Operating divisions and subsidiaries</h2>[<a href="/w/index.php?title=Network18_Group&action=edit&section=9" title="Edit section: Operating divisions and subsidiaries">edit</a>]</div> <div class="mw-heading mw-heading3"><h3 id="Broadcast_subsidiary">Broadcast subsidiary</h3>[<a href="/w/index.php?title=Network18_Group&action=edit&section=10" title="Edit section: Broadcast subsidiary">edit</a>]</div> <style data-mw-deduplicate="TemplateStyles:r1236090951">.mw-parser-output .hatnote{font-style:italic}.mw-parser-output div.hatnote{padding-left:1.6em;margin-bottom:0.5em}.mw-parser-output .hatnote i{font-style:normal}.mw-parser-output .hatnote+link+.hatnote{margin-top:-0.5em}@media print{body.ns-0 .mw-parser-output .hatnote{display:none!important}}</style><div role="note" class="hatnote navigation-not-searchable">Main article: <a href="/wiki/TV18_Broadcast" class="mw-redirect" title="TV18 Broadcast">TV18 Broadcast</a></div> TV18 Broadcast was the broadcasting subsidiary of Network18.<a href="#cite_note-:5-7">[7]</a> The company owned a 51.16% stake in the subsidiary as of 2019, while the rest of the shareholding was divided between various Reliance Industries properties and shareholdings of individual members of the public.<a href="#cite_note-:39-80">[80]</a> It operated 2 national general news channels and 14 regional general news channels in several languages under the brand of News18,<a href="#cite_note-:12-3">[3]</a> including the news channels which were acquired by the group from the <a href="/wiki/ETV_Network" title="ETV Network">ETV Network</a> in 2012–2014.<a href="#cite_note-:37-46">[46]</a><a href="#cite_note-88">[88]</a> The general news channel <a href="/wiki/CNN-News18" title="CNN-News18">CNN-News18</a> (English) is currently operated by Network18 which has a brand and content licensing agreement with <a href="/wiki/List_of_assets_owned_by_Warner_Bros._Discovery" title="List of assets owned by Warner Bros. Discovery">CNN Worldwide</a>.<a href="#cite_note-:5-7">[7]</a> Also operates the business news channels of <a href="/wiki/CNBC_TV18" title="CNBC TV18">CNBC TV18</a> (English), <a href="/wiki/CNBC_Awaaz" title="CNBC Awaaz">CNBC Awaaz</a> (Hindi) and CNBC Bajar (Gujarati) for which the group has a franchise licensing agreement with <a href="/wiki/NBCUniversal" title="NBCUniversal">NBCUniversal</a>, the owner of <a href="/wiki/CNBC" title="CNBC">CNBC</a>.<a href="#cite_note-:5-7">[7]</a> <div class="mw-heading mw-heading4"><h4 id="Joint_ventures">Joint ventures</h4>[<a href="/w/index.php?title=Network18_Group&action=edit&section=11" title="Edit section: Joint ventures">edit</a>]</div> TV18 provides <a href="/wiki/Mass_media" title="Mass media">mass media</a> services and <a href="/wiki/Entertainment" title="Entertainment">general entertainment</a> channels through two joint ventures, namely <a href="/wiki/Viacom18" title="Viacom18">Viacom18</a> and AETN18 Media Limited.<a href="#cite_note-:6-69">[69]</a> The Marathi general news channel <a href="/wiki/News18_Lokmat" title="News18 Lokmat">News18 Lokmat</a> is also managed through a joint venture with the <a href="/wiki/Marathi_language" title="Marathi language">Marathi language</a> daily newspaper <a href="/wiki/Lokmat" title="Lokmat">Lokmat</a>.<a href="#cite_note-89">[89]</a> Viacom18 Media is a mass media <a href="/wiki/Joint_venture" title="Joint venture">joint venture</a> between TV18 Broadcast and <a href="/wiki/Paramount_Global" title="Paramount Global">Paramount Global</a> with 51% and 49% stake respectively.<a href="#cite_note-90">[90]</a> It is parent company of 46 mass media channels in 8 languages which include the franchises of Colors, <a href="/wiki/MTV" title="MTV">MTV</a>, <a href="/wiki/Nickelodeon" title="Nickelodeon">Nickelodeon</a>, <a href="/wiki/VH1" title="VH1">VH1</a> and <a href="/wiki/Comedy_Central" title="Comedy Central">Comedy Central</a>.<a href="#cite_note-91">[91]</a> The Colors network is an umbrella of a number of general entertainment channels in various Indian languages,<a href="#cite_note-:9-92">[92]</a> and includes two Hindi language mass entertainment channels <a href="/wiki/Colors_TV" title="Colors TV">Colors TV</a> and <a href="/wiki/Colors_Rishtey" class="mw-redirect" title="Colors Rishtey">Colors Rishtey</a>.<a href="#cite_note-93">[93]</a> The ETV entertainment channels and the channels of Prism which were acquired by the group are rebranded as channels under the Colors franchise.<a href="#cite_note-94">[94]</a><a href="#cite_note-:38-30">[30]</a> The Indian editions of <a href="/wiki/VH1_(Indian_TV_channel)" title="VH1 (Indian TV channel)">VH1</a>, <a href="/wiki/MTV_(Indian_TV_channel)" title="MTV (Indian TV channel)">MTV</a> and <a href="/wiki/Comedy_Central_(Indian_TV_channel)" title="Comedy Central (Indian TV channel)">Comedy Central</a>, and the <a href="/wiki/Children%27s_television_series" title="Children's television series">children's channels</a> of <a href="/wiki/Nickelodeon_(Indian_TV_channel)" title="Nickelodeon (Indian TV channel)">Nickelodeon</a> (Indian edition), <a href="/wiki/Nick_Jr._(Indian_TV_channel)" title="Nick Jr. (Indian TV channel)">Nick Jr.</a> and <a href="/wiki/Nickelodeon_Sonic" title="Nickelodeon Sonic">Nickelodeon Sonic</a> are managed by Viacom18.<a href="#cite_note-95">[95]</a> The franchise of <a href="/wiki/Coke_Studio_(Indian_TV_program)" title="Coke Studio (Indian TV program)">Coke Studio</a> is owned and operated by the company through <a href="/wiki/MTV_(Indian_TV_channel)" title="MTV (Indian TV channel)">MTV</a>.<a href="#cite_note-96">[96]</a><a href="#cite_note-97">[97]</a> Viacom18 Digital Ventures is a division of Viacom18 that operates the advertisement based <a href="/wiki/Over-the-top_media_service" title="Over-the-top media service">OTT platform</a> called <a href="/wiki/Voot" title="Voot">Voot</a> and two subscription based OTT platforms, namely the premium edition Voot Select and the children's edition Voot Kids.<a href="#cite_note-98">[98]</a><a href="#cite_note-99">[99]</a> The joint venture also owns the production studio called <a href="/wiki/Viacom18_Studios" title="Viacom18 Studios">Viacom18 Studios</a> which has produced critically acclaimed films such as the <a href="/wiki/Gangs_of_Wasseypur" title="Gangs of Wasseypur">Gangs of Wasseypur</a> (2012), <a href="/wiki/Kahaani" title="Kahaani">Kahaani</a> (2012) and <a href="/wiki/Queen_(2013_film)" class="mw-redirect" title="Queen (2013 film)">Queen</a> (2013).<a href="#cite_note-:9-92">[92]</a> The studio has an additional digital production division called Tipping Point which produces content for Voot and <a href="/wiki/JioCinema" title="JioCinema">JioCinema</a>, the OTT platform of <a href="/wiki/Jio" title="Jio">Jio</a>.<a href="#cite_note-100">[100]</a> Among other divisions of Viacom18 are Integrated Network Solutions (INS) which develops <a href="/wiki/Intellectual_property" title="Intellectual property">Intellectual property</a> and Viacom18 Consumer Products which manages the <a href="/wiki/License" title="License">licensing</a> business of the venture.<a href="#cite_note-101">[101]</a> AETN18 Media is a joint venture between TV18 Broadcast and <a href="/wiki/A%26E_Networks" title="A&E Networks">A&E Networks</a>, the owner of the <a href="/wiki/History_(American_TV_network)" class="mw-redirect" title="History (American TV network)">History</a> franchise.<a href="#cite_note-:10-102">[102]</a><a href="#cite_note-103">[103]</a> TV18 and A&E Networks respectively have 51% and 49% stake in the joint venture.<a href="#cite_note-104">[104]</a> AETN18 owns and operates the infotainment channel of <a href="/wiki/History_TV18" title="History TV18">History TV18</a>,<a href="#cite_note-:10-102">[102]</a> and formerly operated the lifestyle channels of <a href="/w/index.php?title=FYI_TV18&action=edit&redlink=1" class="new" title="FYI TV18 (page does not exist)">FYI TV18</a> which was shut down in 2020.<a href="#cite_note-105">[105]</a> IndiaCast Media, the distribution arm of the Network18 Group is a 50:50 joint venture between Viacom18 Media and TV18 Broadcast, which provides domestic and international distribution services for the company.<a href="#cite_note-106">[106]</a><a href="#cite_note-107">[107]</a> TV18 as a result of the equity division has a cumulative 75% stake in the distribution venture. IndiaCast was also in a distribution joint venture with DisneyUTV in which TV18 retained 56% stake.<a href="#cite_note-108">[108]</a> The joint venture with DisneyUTV was called IndiaCast UTV;<a href="#cite_note-109">[109]</a> it was founded in 2013, converted into a distribution deal due to introduction of <a href="/wiki/Telecom_Regulatory_Authority_of_India" title="Telecom Regulatory Authority of India">TRAI</a> regulations in the following year and the distribution deal eventually cancelled in 2015.<a href="#cite_note-110">[110]</a><a href="#cite_note-111">[111]</a><a href="#cite_note-112">[112]</a> <div class="mw-heading mw-heading3"><h3 id="Digital_and_publishing_divisions">Digital and publishing divisions</h3>[<a href="/w/index.php?title=Network18_Group&action=edit&section=12" title="Edit section: Digital and publishing divisions">edit</a>]</div> Network18 Publishing is the <a href="/wiki/Publishing" title="Publishing">publishing</a> of the group and publishes a number of <a href="/wiki/Business_directory" title="Business directory">business directories</a>, and <a href="/wiki/Direct-to-consumer" title="Direct-to-consumer">Direct-to-consumer</a> and <a href="/wiki/Business_marketing" title="Business marketing">Business marketing</a> magazines.<a href="#cite_note-:04-19">[19]</a> The division publishes magazines such as <a href="/wiki/Better_Interiors" title="Better Interiors">Better Interiors</a> and <a href="/wiki/Better_Photography" title="Better Photography">Better Photography</a> and the magazines of <a href="/wiki/Overdrive_(magazine)" class="mw-redirect" title="Overdrive (magazine)">Overdrive</a> and <a href="/wiki/Forbes_India" title="Forbes India">Forbes India</a> as part of a licensing agreement with <a href="/wiki/OverDrive,_Inc." title="OverDrive, Inc.">OverDrive, Inc.</a> and <a href="/wiki/Forbes" title="Forbes">Forbes</a> respectively.<a href="#cite_note-:04-19">[19]</a><a href="#cite_note-:29-48">[48]</a> The digital media division of the group is called <a href="/wiki/Web18" title="Web18">Web18</a>.<a href="#cite_note-:11-113">[113]</a> It operates the digital news outlets of Network18 such as the websites of News18.com (formerly IBNLive.com) and <a href="/wiki/Firstpost" title="Firstpost">Firstpost</a>, and mobile apps and social media assets of News18.<a href="#cite_note-:7-24">[24]</a><a href="#cite_note-:11-113">[113]</a>[<a href="/wiki/Wikipedia:Verifiability" title="Wikipedia:Verifiability">failed verification</a>] News18.com has subdomains including English <a href="/wiki/CNN-News18" title="CNN-News18">CNN-News18</a> (www.news18.com)<a href="#cite_note-114">[114]</a> and the Hindi <a href="/wiki/News18_India" title="News18 India">News18 India</a> (hindi.news18.com).<a href="#cite_note-115">[115]</a> The editorial management of Firstpost is merged with that of the Forbes India magazine.<a href="#cite_note-:1-6">[6]</a> The business news website Moneycontrol.com is also owned by Network18.<a href="#cite_note-:8-116">[116]</a> The <a href="/wiki/YouTube" title="YouTube">YouTube</a> channel, CRUX News, is a Network18 product.<a href="#cite_note-youtube/CRUXnews/about-117">[117]</a> Moneycontrol suffered a data breach in April 2021, exposing the data of more than 763,000 users, including 63,000 email addresses, geographic locations, phone numbers, genders, dates of birth and plain text passwords.<a href="#cite_note-118">[118]</a> <div class="mw-heading mw-heading3"><h3 id="Investments">Investments</h3>[<a href="/w/index.php?title=Network18_Group&action=edit&section=13" title="Edit section: Investments">edit</a>]</div> The <a href="/wiki/Venture_capital" title="Venture capital">venture investment</a> division of the company is called Capital18.<a href="#cite_note-119">[119]</a> Its investments include the travel bookings website <a href="/wiki/Yatra_(company)" title="Yatra (company)">Yatra</a>, the marketing website Webchutney, the movie ticket booking website BookMyShow, the brokerage firm SMC Global and the financial technology company <a href="/wiki/Infibeam" title="Infibeam">Infibeam</a>.<a href="#cite_note-120">[120]</a> <div class="mw-heading mw-heading2"><h2 id="Owned_Channels">Owned Channels</h2>[<a href="/w/index.php?title=Network18_Group&action=edit&section=14" title="Edit section: Owned Channels">edit</a>]</div> <table class="wikitable sortable" style="text-align:middle;"> <tbody><tr> <th style="width:180pt; background:White;">Channel </th> <th style="width:180pt; background:Violet;">Launched </th> <th style="width:180pt; background:White;">Language </th> <th style="width:300pt; background:Violet;">Category </th> <th style="width:180pt; background:White;">SD/HD availability </th> <th style="width:300pt; background:Violet;">Notes </th></tr> <tr> <td><a href="/wiki/News18_India" title="News18 India">News18 India</a> </td> <td rowspan="2">2005 </td> <td rowspan="6"><a href="/wiki/Hindi_language" class="mw-redirect" title="Hindi language">Hindi</a> </td> <td rowspan="20">News </td> <td rowspan="8">SD </td> <td>Previously Known as IBN7, founded as Channel 7 </td></tr> <tr> <td><a href="/wiki/CNBC_Awaaz" title="CNBC Awaaz">CNBC Awaaz</a> </td> <td> </td></tr> <tr> <td><a href="/wiki/News18_Rajasthan" title="News18 Rajasthan">News18 Rajasthan</a> </td> <td>2000 </td> <td>Previously known as ETV Rajasthan </td></tr> <tr> <td><a href="/wiki/News18_Uttar_Pradesh_Uttarakhand" title="News18 Uttar Pradesh Uttarakhand">News18 Uttar Pradesh Uttarakhand</a> </td> <td rowspan="3">2002 </td> <td>Previously known as ETV Uttar Pradesh Uttarakhand </td></tr> <tr> <td>News18 Madhya Pradesh Chhattisgarh </td> <td>Previously known as ETV Madhya Pradesh/Chhattisgarh </td></tr> <tr> <td>News18 Bihar Jharkhand </td> <td>Previously known as ETV Bihar/Jharkhand </td></tr> <tr> <td>News18 Punjab </td> <td>2014 </td> <td><a href="/wiki/Hindi_language" class="mw-redirect" title="Hindi language">Hindi</a>, <a href="/wiki/Punjabi_language" title="Punjabi language">Punjabi</a> </td> <td>Previously known as ETV Haryana/Himachal Pradesh </td></tr> <tr> <td><a href="/wiki/CNN-News18" title="CNN-News18">CNN News18</a> </td> <td>2005 </td> <td rowspan="2"><a href="/wiki/English_language" title="English language">English</a> </td> <td>Previously known as CNN-IBN </td></tr> <tr> <td><a href="/wiki/CNBC_TV18" title="CNBC TV18">CNBC TV18</a> </td> <td>1999 </td> <td>SD+HD </td> <td> </td></tr> <tr> <td><a href="/wiki/News18_Assam_North_East" title="News18 Assam North East">News18 Assam North East</a> </td> <td>2016 </td> <td><a href="/wiki/Assamese_language" title="Assamese language">Assamese</a> </td> <td rowspan="11">SD </td> <td> </td></tr> <tr> <td><a href="/wiki/News18_Bangla" title="News18 Bangla">News18 Bangla</a> </td> <td rowspan="3">2014 </td> <td><a href="/wiki/Bengali_language" title="Bengali language">Bengali</a> </td> <td>Previously known as ETV News Bangla </td></tr> <tr> <td>News18 Gujarati </td> <td rowspan="2"><a href="/wiki/Gujarati_language" title="Gujarati language">Gujarati</a> </td> <td>Previously known as ETV News Gujarati </td></tr> <tr> <td>CNBC Bajar </td> <td> </td></tr> <tr> <td><a href="/wiki/News18_Lokmat" title="News18 Lokmat">News18 Lokmat</a> </td> <td>2008 </td> <td><a href="/wiki/Marathi_language" title="Marathi language">Marathi</a> </td> <td> </td></tr> <tr> <td><a href="/wiki/News18_Odia" title="News18 Odia">News18 Odia</a> </td> <td>2015 </td> <td><a href="/wiki/Odia_language" title="Odia language">Odia</a> </td> <td>Previously known as ETV News Odia </td></tr> <tr> <td><a href="/wiki/News18_Urdu" title="News18 Urdu">News18 Urdu</a> </td> <td>2001 </td> <td><a href="/wiki/Urdu_language" class="mw-redirect" title="Urdu language">Urdu</a> </td> <td>Previously known as ETV Urdu </td></tr> <tr> <td><a href="/wiki/News18_Kannada" title="News18 Kannada">News18 Kannada</a> </td> <td>2014 </td> <td><a href="/wiki/Kannada" title="Kannada">Kannada</a> </td> <td>Previously known as ETV News Kannada </td></tr> <tr> <td><a href="/wiki/News18_Kerala" title="News18 Kerala">News18 Kerala</a> </td> <td rowspan="2">2015 </td> <td><a href="/wiki/Malayalam" title="Malayalam">Malayalam</a> </td> <td rowspan="3"> </td></tr> <tr> <td><a href="/wiki/News18_Tamil_Nadu" title="News18 Tamil Nadu">News18 Tamil Nadu</a> </td> <td><a href="/wiki/Tamil_language" title="Tamil language">Tamil</a> </td></tr> <tr> <td>News18 Jammu Kashmir Ladakh Himachal Haryana </td> <td>2022 </td> <td><a href="/wiki/Kashmiri_language" title="Kashmiri language">Kashmiri</a>, <a href="/wiki/Ladakhi_language" title="Ladakhi language">Ladakhi</a> </td></tr></tbody></table> <div class="mw-heading mw-heading2"><h2 id="References">References</h2>[<a href="/w/index.php?title=Network18_Group&action=edit&section=15" title="Edit section: References">edit</a>]</div> <style data-mw-deduplicate="TemplateStyles:r1239543626">.mw-parser-output .reflist{margin-bottom:0.5em;list-style-type:decimal}@media 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Retrieved 11 January 2021.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=unknown&rft.jtitle=Livemint&rft.atitle=Raghav+Bahl%3A+The+digital+ball+game&rft.date=2015-01-10&rft.aulast=Bansal&rft.aufirst=Shuchi&rft_id=https%3A%2F%2Fwww.livemint.com%2FLeisure%2FHY1h1x5IXmLBCkPZFV7J1J%2FRaghav-Bahl-The-digital-ball-game.html&rfr_id=info%3Asid%2Fen.wikipedia.org%3ANetwork18+Group" class="Z3988"> </li> <li id="cite_note-8"><a href="#cite_ref-8">^</a> <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation book cs1"><a rel="nofollow" class="external text" href="https://books.google.com/books?id=HaNaAAAAYAAJ">Business World</a>. Vol. 26. <a href="/wiki/ABP_Group" title="ABP Group">Ananda Bazar Patrika Limited</a>. 2006. p. 32.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=book&rft.btitle=Business+World&rft.pages=32&rft.pub=Ananda+Bazar+Patrika+Limited&rft.date=2006&rft_id=https%3A%2F%2Fbooks.google.com%2Fbooks%3Fid%3DHaNaAAAAYAAJ&rfr_id=info%3Asid%2Fen.wikipedia.org%3ANetwork18+Group" class="Z3988"> </li> <li id="cite_note-9"><a href="#cite_ref-9">^</a> <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFKannan2017" class="citation book cs1">Kannan, Indira (17 April 2017). "Part 2: A Channel is Born". 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Retrieved 20 June 2021.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=unknown&rft.jtitle=Livemint&rft.atitle=CNN%2C+IBN+unlikely+to+renew+deal+on+branding%3B+Zee+could+step+in&rft.date=2015-06-29&rft.aulast=Bansal&rft.aufirst=Shuchi&rft_id=https%3A%2F%2Fwww.livemint.com%2FConsumer%2Fr2nPBBZBv30GGOE2gzv8JO%2FCNN-IBN-may-not-renew-deal-on-branding-Zee-could-step-in.html&rfr_id=info%3Asid%2Fen.wikipedia.org%3ANetwork18+Group" class="Z3988"> </li> <li id="cite_note-Kaushik-TheTempest_-11"><a href="#cite_ref-Kaushik-TheTempest_11-0">^</a> <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFKaushik2015" class="citation news cs1">Kaushik, Krishn (15 December 2015). <a rel="nofollow" class="external text" href="https://caravanmagazine.in/reportage/the-tempest-prannoy-radhika-roy-ndtv">"The Tempest"</a>. <a href="/wiki/The_Caravan" title="The Caravan">The Caravan</a>. p. 2. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20201210181638/https://caravanmagazine.in/reportage/the-tempest-prannoy-radhika-roy-ndtv">Archived</a> from the original on 10 December 2020. 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Retrieved 11 June 2021.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=The+Hindu&rft.atitle=RIL+takes+control+of+Network18%2C+TV18&rft.date=2014-07-07&rft.issn=0971-751X&rft_id=https%3A%2F%2Fwww.thehindu.com%2Fbusiness%2FIndustry%2Fril-takes-control-of-network18-tv18%2Farticle6186250.ece&rfr_id=info%3Asid%2Fen.wikipedia.org%3ANetwork18+Group" class="Z3988"> </li> <li id="cite_note-:26-37">^ <a href="#cite_ref-:26_37-0">a</a> <a href="#cite_ref-:26_37-1">b</a> <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation news cs1"><a rel="nofollow" class="external text" href="https://www.business-standard.com/article/companies/deepak-parekh-and-adil-zainulbhai-on-network18-board-114070700704_1.html">"Deepak Parekh and Adil Zainulbhai on Network18 board"</a>. <a href="/wiki/Business_Standard" title="Business Standard">Business Standard</a>. 7 July 2014. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20210614102937/https://www.business-standard.com/article/companies/deepak-parekh-and-adil-zainulbhai-on-network18-board-114070700704_1.html">Archived</a> from the original on 14 June 2021. Retrieved 14 June 2021.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=Business+Standard&rft.atitle=Deepak+Parekh+and+Adil+Zainulbhai+on+Network18+board&rft.date=2014-07-07&rft_id=https%3A%2F%2Fwww.business-standard.com%2Farticle%2Fcompanies%2Fdeepak-parekh-and-adil-zainulbhai-on-network18-board-114070700704_1.html&rfr_id=info%3Asid%2Fen.wikipedia.org%3ANetwork18+Group" class="Z3988"> </li> <li id="cite_note-38"><a href="#cite_ref-38">^</a> <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFChoudhary2014" class="citation web cs1">Choudhary, Vidhi (7 July 2014). <a rel="nofollow" class="external text" href="https://www.livemint.com/Home-Page/H8H3Y5hZjTHPtVcnI79mvO/Raghav-Bahl-named-nonexecutive-director-of-Network18.html">"Reliance names Raghav Bahl Network 18 non-executive director"</a>. <a href="/wiki/Livemint" class="mw-redirect" title="Livemint">Livemint</a>. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20210614124839/https://www.livemint.com/Home-Page/H8H3Y5hZjTHPtVcnI79mvO/Raghav-Bahl-named-nonexecutive-director-of-Network18.html">Archived</a> from the original on 14 June 2021. 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Archived from <a rel="nofollow" class="external text" href="https://www.thehindu.com/business/ril-to-consolidate-media-distribution-businesses/article30845766.ece">the original</a> on 20 February 2020. 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Retrieved 24 June 2021.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=Business+Standard&rft.atitle=Sudhanshu+resigns+as+Viacom+MD%3B+Rahul+Joshi+gets+additional+charge&rft.date=2020-04-14&rft_id=https%3A%2F%2Fwww.business-standard.com%2Farticle%2Fcompanies%2Fsudhanshu-resigns-as-viacom-md-rahul-joshi-gets-additional-charge-120041401692_1.html&rfr_id=info%3Asid%2Fen.wikipedia.org%3ANetwork18+Group" class="Z3988"> </li> <li id="cite_note-75"><a href="#cite_ref-75">^</a> <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFJhaLaskar2020" class="citation web cs1">Jha, Lata; Laskar, Anirudh (29 July 2020). <a rel="nofollow" class="external text" href="https://www.livemint.com/companies/news/sony-viacom18-deal-by-mid-aug-11595980721928.html">"Sony-Viacom18 deal by mid-Aug"</a>. <a href="/wiki/Livemint" class="mw-redirect" title="Livemint">Livemint</a>. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20210624201742/https://www.livemint.com/companies/news/sony-viacom18-deal-by-mid-aug-11595980721928.html">Archived</a> from the original on 24 June 2021. Retrieved 19 June 2021.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=unknown&rft.jtitle=Livemint&rft.atitle=Sony-Viacom18+deal+by+mid-Aug&rft.date=2020-07-29&rft.aulast=Jha&rft.aufirst=Lata&rft.au=Laskar%2C+Anirudh&rft_id=https%3A%2F%2Fwww.livemint.com%2Fcompanies%2Fnews%2Fsony-viacom18-deal-by-mid-aug-11595980721928.html&rfr_id=info%3Asid%2Fen.wikipedia.org%3ANetwork18+Group" class="Z3988"> </li> <li id="cite_note-76"><a href="#cite_ref-76">^</a> <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFJhaLaskar2020" class="citation web cs1">Jha, Lata; Laskar, Anirudh (29 July 2020). <a rel="nofollow" class="external text" href="https://www.hindustantimes.com/business-news/viacom18-sony-merger-deal-likely-by-mid-august/story-HeZtJzbyQCUixBpG1WfdNP.html">"Viacom18-Sony merger deal likely by mid-August"</a>. <a href="/wiki/Hindustan_Times" title="Hindustan Times">Hindustan Times</a>. <a href="/wiki/Livemint" class="mw-redirect" title="Livemint">Livemint</a>. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20210624203701/https://www.hindustantimes.com/business-news/viacom18-sony-merger-deal-likely-by-mid-august/story-HeZtJzbyQCUixBpG1WfdNP.html">Archived</a> from the original on 24 June 2021. 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Retrieved 5 October 2022.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=unknown&rft.jtitle=YouTube&rft.atitle=CRUX+%E2%80%93+about&rft_id=https%3A%2F%2Fwww.youtube.com%2Fc%2FCRUXnews%2Fabout&rfr_id=info%3Asid%2Fen.wikipedia.org%3ANetwork18+Group" class="Z3988"> </li> <li id="cite_note-118"><a href="#cite_ref-118">^</a> <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://haveibeenpwned.com/PwnedWebsites">"Have I Been Pwned: Pwned websites"</a>. haveibeenpwned.com. Retrieved 27 June 2023.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=unknown&rft.btitle=Have+I+Been+Pwned%3A+Pwned+websites&rft.pub=haveibeenpwned.com&rft_id=https%3A%2F%2Fhaveibeenpwned.com%2FPwnedWebsites&rfr_id=info%3Asid%2Fen.wikipedia.org%3ANetwork18+Group" class="Z3988"> </li> <li id="cite_note-119"><a href="#cite_ref-119">^</a> <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFRai2019" class="citation web cs1">Rai, Joseph (14 October 2019). <a rel="nofollow" class="external text" href="https://www.vccircle.com/jsw-ventures-ropes-in-former-capital18-exec-as-partner">"JSW Ventures ropes in former Capital18 exec as partner"</a>. <a href="/wiki/VCCircle" title="VCCircle">VCCircle</a>. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20210624203521/https://www.vccircle.com/jsw-ventures-ropes-in-former-capital18-exec-as-partner">Archived</a> from the original on 24 June 2021. Retrieved 23 June 2021.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=unknown&rft.jtitle=VCCircle&rft.atitle=JSW+Ventures+ropes+in+former+Capital18+exec+as+partner&rft.date=2019-10-14&rft.aulast=Rai&rft.aufirst=Joseph&rft_id=https%3A%2F%2Fwww.vccircle.com%2Fjsw-ventures-ropes-in-former-capital18-exec-as-partner&rfr_id=info%3Asid%2Fen.wikipedia.org%3ANetwork18+Group" class="Z3988"> </li> <li id="cite_note-120"><a href="#cite_ref-120">^</a> <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFJha2018" class="citation web cs1">Jha, Lata (3 April 2018). <a rel="nofollow" class="external text" href="https://www.livemint.com/Home-Page/XkttE4EACyp83Rb9ettu3J/Network18-arm-invests-Rs40-crore-in-Infibeam.html">"Network18 arm invests Rs40 crore in Infibeam"</a>. <a href="/wiki/Livemint" class="mw-redirect" title="Livemint">Livemint</a>. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20210624204400/https://www.livemint.com/Home-Page/XkttE4EACyp83Rb9ettu3J/Network18-arm-invests-Rs40-crore-in-Infibeam.html">Archived</a> from the original on 24 June 2021. Retrieved 23 June 2021.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=unknown&rft.jtitle=Livemint&rft.atitle=Network18+arm+invests+Rs40+crore+in+Infibeam&rft.date=2018-04-03&rft.aulast=Jha&rft.aufirst=Lata&rft_id=https%3A%2F%2Fwww.livemint.com%2FHome-Page%2FXkttE4EACyp83Rb9ettu3J%2FNetwork18-arm-invests-Rs40-crore-in-Infibeam.html&rfr_id=info%3Asid%2Fen.wikipedia.org%3ANetwork18+Group" class="Z3988"> </li> </ol></div></div> <div class="mw-heading mw-heading2"><h2 id="External_links">External links</h2>[<a href="/w/index.php?title=Network18_Group&action=edit&section=16" title="Edit section: External links">edit</a>]</div> <ul><li><a rel="nofollow" class="external text" href="https://www.nw18.com/">Official website</a> <a href="https://www.wikidata.org/wiki/Q17078993#P856" title="Edit this at Wikidata"><img alt="Edit this at Wikidata" 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class="mw-selflink selflink">Network18 Group</a></div></th></tr><tr><th scope="row" class="navbox-group" style="width:1%">Key people</th><td class="navbox-list-with-group navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Mukesh_Ambani" title="Mukesh Ambani">Mukesh Ambani</a></li> <li><a href="/wiki/Adil_Zainulbhai" title="Adil Zainulbhai">Adil Zainulbhai</a></li> <li><a href="/wiki/Rahul_Joshi" class="mw-redirect" title="Rahul Joshi">Rahul Joshi</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Companies</th><td class="navbox-list-with-group navbox-list navbox-even hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/TV18" title="TV18">TV18</a> <ul><li><a href="/wiki/Viacom18" title="Viacom18">Viacom18</a></li> <li><a href="/wiki/AETN18" class="mw-redirect" title="AETN18">AETN18</a></li></ul></li> <li><a href="/wiki/Web18" title="Web18">Web18</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Channels</th><td class="navbox-list-with-group navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th id="TV18" scope="row" class="navbox-group" style="width:1%"><a href="/wiki/TV18" title="TV18">TV18</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><td colspan="2" class="navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/News18_India" title="News18 India">News18 India</a></li> <li><a href="/wiki/News18_Lokmat" title="News18 Lokmat">News18 Lokmat</a> (JV)</li> <li><a href="/wiki/News18_Urdu" title="News18 Urdu">News18 Urdu</a></li> <li><a href="/wiki/News18_Rajasthan" title="News18 Rajasthan">News18 Rajasthan</a></li> <li><a href="/wiki/News18_Uttar_Pradesh_Uttarakhand" title="News18 Uttar Pradesh Uttarakhand">News18 Uttar Pradesh Uttarakhand</a></li> <li><a href="/wiki/News18_Bihar-Jharkhand" class="mw-redirect" title="News18 Bihar-Jharkhand">News18 Bihar-Jharkhand</a></li> <li><a href="/wiki/News18_Bangla" title="News18 Bangla">News18 Bangla</a></li> <li><a href="/wiki/News18_Odia" title="News18 Odia">News18 Odia</a></li> <li><a href="/wiki/News18_Kannada" title="News18 Kannada">News18 Kannada</a></li> <li><a href="/wiki/News18_Kerala" title="News18 Kerala">News18 Kerala</a></li> <li><a href="/wiki/News18_Tamil_Nadu" title="News18 Tamil Nadu">News18 Tamil Nadu</a></li> <li><a href="/wiki/News18_Assam-North_East" class="mw-redirect" title="News18 Assam-North East">News18 Assam-North East</a></li> <li><a href="/wiki/Home_Shop_18" title="Home Shop 18">Home Shop 18</a> (<a href="/w/index.php?title=Shop_CJ&action=edit&redlink=1" class="new" title="Shop CJ (page does not exist)">Shop CJ</a>)</li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Viacom_18" class="mw-redirect" title="Viacom 18">Viacom 18</a> (JV)</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Colors_TV" title="Colors TV">Colors TV</a></li> <li><a href="/wiki/Colors_Bangla" title="Colors Bangla">Colors Bangla</a></li> <li><a href="/wiki/Colors_Cineplex" title="Colors Cineplex">Colors Cineplex</a> <ul><li><a href="/wiki/Colors_Cineplex_Bollywood" title="Colors Cineplex Bollywood">Bollywood</a></li> <li><a href="/wiki/Colors_Cineplex_Superhits" title="Colors Cineplex Superhits">Superhits</a></li></ul></li> <li><a href="/wiki/Colors_Gujarati" class="mw-redirect" title="Colors Gujarati">Colors Gujarati</a></li> <li><a href="/wiki/Colors_Infinity" title="Colors Infinity">Colors Infinity</a></li> <li><a href="/wiki/Colors_Kannada" title="Colors Kannada">Colors Kannada</a> <ul><li><a href="/wiki/Colors_Kannada_Cinema" class="mw-redirect" title="Colors Kannada Cinema">Cinema</a></li></ul></li> <li><a href="/wiki/Colors_Marathi" title="Colors Marathi">Colors Marathi</a></li> <li><a href="/wiki/Colors_Rishtey" class="mw-redirect" title="Colors Rishtey">Colors Rishtey</a></li> <li><a href="/wiki/Colors_Super" class="mw-redirect" title="Colors Super">Colors Super</a></li> <li><a href="/wiki/Colors_Tamil" title="Colors Tamil">Colors Tamil</a></li> <li><a href="/wiki/Comedy_Central_(Indian_TV_channel)" title="Comedy Central (Indian TV channel)">Comedy Central</a></li> <li><a href="/wiki/MTV_(Indian_TV_channel)" title="MTV (Indian TV channel)">MTV</a> <ul><li><a href="/wiki/MTV_Beats" title="MTV Beats">Beats</a></li></ul></li> <li><a href="/wiki/Nickelodeon_(Indian_TV_channel)" title="Nickelodeon (Indian TV channel)">Nickelodeon</a> <ul><li><a href="/wiki/Nick_Jr._(Indian_TV_channel)" title="Nick Jr. (Indian TV channel)">Nick Jr.</a></li> <li><a href="/wiki/Nickelodeon_Sonic" title="Nickelodeon Sonic">Sonic</a></li></ul></li> <li><a href="/wiki/Sports18" title="Sports18">Sports18</a> <ul><li>1</li> <li>2</li> <li>Khel</li></ul></li> <li><a href="/wiki/VH1_(Indian_TV_channel)" title="VH1 (Indian TV channel)">Vh1</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">AETN18 (JV)</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/History_TV18" title="History TV18">History TV18</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Franchise</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/CNN-News18" title="CNN-News18">CNN-News18</a></li> <li><a href="/wiki/CNBC_TV18" title="CNBC TV18">CNBC TV18</a></li> <li><a href="/wiki/CNBC_Awaaz" title="CNBC Awaaz">CNBC Awaaz</a></li> <li><a href="/wiki/CNBC_Bajar" class="mw-redirect" title="CNBC Bajar">CNBC Bajar</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Defunct channels</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/w/index.php?title=FYI_TV18&action=edit&redlink=1" class="new" title="FYI TV18 (page does not exist)">FYI TV18</a></li> <li><a href="/wiki/ETV_Network" title="ETV Network">ETV Network</a></li> <li><a href="/wiki/ETV_Network" title="ETV Network">BR18</a></li></ul> </div></td></tr></tbody></table><div></div></td></tr></tbody></table><div></div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Web portals</th><td class="navbox-list-with-group navbox-list navbox-even hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Firstpost" title="Firstpost">Firstpost</a></li> <li><a href="/wiki/HomeShop18" class="mw-redirect" title="HomeShop18">HomeShop18</a></li> <li><a href="/wiki/In.com" title="In.com">In.com</a></li> <li><a href="/wiki/Moneycontrol.com" class="mw-redirect" title="Moneycontrol.com">Moneycontrol.com</a></li> <li><a href="/wiki/Voot" title="Voot">Voot</a></li> <li><a href="/wiki/Yatra.com" class="mw-redirect" title="Yatra.com">Yatra.com</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Publications</th><td class="navbox-list-with-group navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Forbes_India" title="Forbes India">Forbes India</a> (Franchise)</li> <li><a href="/wiki/Overdrive_(magazine)" class="mw-redirect" title="Overdrive (magazine)">Overdrive</a></li> <li><a href="/wiki/Better_Photography" title="Better Photography">Better Photography</a></li> <li><a href="/wiki/Better_Interiors" title="Better Interiors">Better Interiors</a></li></ul> </div></td></tr></tbody></table></div> <div class="navbox-styles"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1236075235"></div><div role="navigation" class="navbox" aria-labelledby="Reliance_Industries" style="padding:3px"><table class="nowraplinks mw-collapsible autocollapse navbox-inner" style="border-spacing:0;background:transparent;color:inherit"><tbody><tr><th scope="col" class="navbox-title" colspan="2"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1239400231"><div class="navbar plainlinks hlist navbar-mini"><ul><li class="nv-view"><a href="/wiki/Template:Reliance_Industries_Limited" title="Template:Reliance Industries Limited"><abbr title="View this template">v</abbr></a></li><li class="nv-talk"><a href="/wiki/Template_talk:Reliance_Industries_Limited" title="Template talk:Reliance Industries Limited"><abbr title="Discuss this template">t</abbr></a></li><li class="nv-edit"><a href="/wiki/Special:EditPage/Template:Reliance_Industries_Limited" title="Special:EditPage/Template:Reliance Industries Limited"><abbr title="Edit this template">e</abbr></a></li></ul></div><div id="Reliance_Industries" style="font-size:114%;margin:0 4em"><a href="/wiki/Reliance_Industries" title="Reliance Industries">Reliance Industries</a></div></th></tr><tr><th scope="row" class="navbox-group" style="width:1%">Energy</th><td class="navbox-list-with-group navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Reliance_Petroleum" class="mw-redirect" title="Reliance Petroleum">Reliance Petroleum</a> <ul><li><a href="/wiki/Jamnagar_Refinery" title="Jamnagar Refinery">Jamnagar Refinery</a></li></ul></li> <li><a href="/wiki/Reliance_Industrial_Infrastructure" title="Reliance Industrial Infrastructure">Reliance Industrial Infrastructure</a></li> <li><a href="/wiki/Reliance_Solar" class="mw-redirect" title="Reliance Solar">Reliance Solar</a></li> <li><a href="/wiki/Renewable_Energy_Corporation" title="Renewable Energy Corporation">Renewable Energy Corporation</a></li> <li><a href="/wiki/Jio-bp" title="Jio-bp">Jio-bp</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Jio_Platforms" title="Jio Platforms">Jio Platforms</a></th><td class="navbox-list-with-group navbox-list navbox-even hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Haptik" title="Haptik">Haptik</a></li> <li><a href="/wiki/Jio" title="Jio">Jio</a></li> <li><a href="/wiki/JioTV" class="mw-redirect" title="JioTV">JioTV</a></li> <li><a href="/wiki/JioCinema" title="JioCinema">JioCinema</a></li> <li><a href="/wiki/JioSaavn" title="JioSaavn">JioSaavn</a></li> <li><a href="/wiki/Radisys" title="Radisys">Radisys</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Reliance_Retail" title="Reliance Retail">Reliance Retail</a></th><td class="navbox-list-with-group navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Reliance_Digital" title="Reliance Digital">Reliance Digital</a></li> <li><a href="/wiki/LYF" title="LYF">LYF</a></li> <li><a href="/wiki/AJIO" class="mw-redirect" title="AJIO">AJIO</a></li> <li><a href="/wiki/JioMart" title="JioMart">JioMart</a></li> <li><a href="/wiki/Urban_Ladder" title="Urban Ladder">Urban Ladder</a></li> <li><a href="/wiki/Hamleys" title="Hamleys">Hamleys</a></li> <li><a href="/wiki/Justdial" title="Justdial">Justdial</a></li> <li><a href="/wiki/Tira_(cosmetics)" title="Tira (cosmetics)">Tira</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Financial services</th><td class="navbox-list-with-group navbox-list navbox-even hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Jio_Financial_Services" title="Jio Financial Services">Jio Financial Services</a></li> <li><a href="/wiki/Jio_Payments_Bank" title="Jio Payments Bank">Jio Payments Bank</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Media</th><td class="navbox-list-with-group navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a class="mw-selflink selflink">Network18 Group</a> <ul><li><a href="/wiki/Viacom18" title="Viacom18">Viacom18</a></li> <li><a href="/wiki/DEN_Networks" title="DEN Networks">DEN Networks</a></li> <li><a href="/wiki/Hathway" title="Hathway">Hathway</a></li> <li><a href="/wiki/Firstpost" title="Firstpost">Firstpost</a></li></ul></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Others</th><td class="navbox-list-with-group navbox-list navbox-even hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Alok_Industries" title="Alok Industries">Alok Industries</a></li> <li><a href="/wiki/SkyTran" title="SkyTran">SkyTran</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Former holdings</th><td class="navbox-list-with-group navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/East_West_Gas_Pipeline_(India)" title="East West Gas Pipeline (India)">East West Gas Pipeline (India)</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Education</th><td class="navbox-list-with-group navbox-list navbox-even hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Dhirubhai_Ambani_International_School" title="Dhirubhai Ambani International School">Dhirubhai Ambani International School</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Sports</th><td class="navbox-list-with-group navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Mumbai_Indians" title="Mumbai Indians">Mumbai Indians</a></li> <li><a href="/wiki/Mumbai_Indians_(WPL)" title="Mumbai Indians (WPL)">Mumbai Indians (WPL)</a></li> <li><a href="/wiki/MI_Cape_Town" title="MI Cape Town">MI Cape Town</a></li> <li><a href="/wiki/MI_Emirates" title="MI Emirates">MI Emirates</a></li> <li><a href="/wiki/MI_New_York" title="MI New York">MI New York</a></li></ul> <ul><li><a href="/wiki/Football_Sports_Development_Limited" title="Football Sports Development Limited">Football Sports Development Limited</a></li> <li><a href="/wiki/Indian_Super_League" title="Indian Super League">Indian Super League</a></li> <li><a href="/wiki/Reliance_Foundation_Development_League" title="Reliance Foundation Development League">Reliance Foundation Development League</a></li> <li><a href="/wiki/Reliance_Foundation_Youth_Sports" title="Reliance Foundation Youth Sports">Reliance Foundation Youth Sports</a></li> <li><a href="/wiki/Reliance_Stadium" class="mw-redirect" title="Reliance Stadium">Reliance Stadium</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Healthcare</th><td class="navbox-list-with-group navbox-list navbox-even hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Relicord" title="Relicord">Relicord</a></li> <li><a href="/wiki/Reliance_Institute_of_Life_Sciences" title="Reliance Institute of Life Sciences">Reliance Institute of Life Sciences</a></li> <li><a href="/wiki/Sir_H._N._Reliance_Foundation_Hospital" title="Sir H. N. Reliance Foundation Hospital">Sir H. N. Reliance Foundation Hospital</a></li> <li><a href="/wiki/SevenHills_Hospital#COVID-19_hospital" title="SevenHills Hospital">Covid-19 Hospital in Mumbai</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Philanthropy</th><td class="navbox-list-with-group navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Reliance_Foundation" title="Reliance Foundation">Reliance Foundation</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">People</th><td class="navbox-list-with-group navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="row" class="navbox-group" style="width:1%">Current</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Mukesh_Ambani" title="Mukesh Ambani">Mukesh Ambani</a></li> <li><a href="/wiki/Akash_Ambani" title="Akash Ambani">Akash Ambani</a></li> <li><a href="/wiki/Isha_Ambani" class="mw-redirect" title="Isha Ambani">Isha Ambani</a></li> <li><a href="/wiki/Anant_Ambani" class="mw-redirect" title="Anant Ambani">Anant Ambani</a></li> <li><a href="/wiki/Alok_Agarwal" title="Alok Agarwal">Alok Agarwal</a></li> <li><a href="/wiki/PMS_Prasad" title="PMS Prasad">PMS Prasad</a></li> <li><a href="/wiki/Y._P._Trivedi" title="Y. P. Trivedi">Y. P. Trivedi</a></li> <li><a href="/wiki/Dipak_C._Jain" title="Dipak C. Jain">Dipak C. Jain</a></li> <li><a href="/wiki/Raghunath_A._Mashelkar" class="mw-redirect" title="Raghunath A. Mashelkar">Raghunath A. Mashelkar</a></li> <li><a href="/wiki/Adil_Zainulbhai" title="Adil Zainulbhai">Adil Zainulbhai</a></li> <li><a href="/wiki/Nita_Ambani" title="Nita Ambani">Nita Ambani</a></li> <li><a href="/wiki/Arundhati_Bhattacharya" title="Arundhati Bhattacharya">Arundhati Bhattacharya</a></li> <li><a href="/wiki/K._V._Chowdary" title="K. V. Chowdary">K. V. Chowdary</a></li> <li><a href="/wiki/Parimal_Nathwani" title="Parimal Nathwani">Parimal Nathwani</a></li> <li><a href="/wiki/Anand_Jain" title="Anand Jain">Anand Jain</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Former</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Dhirubhai_Ambani" title="Dhirubhai Ambani">Dhirubhai Ambani</a></li> <li><a href="/wiki/Ashish_Chauhan" title="Ashish Chauhan">Ashish Chauhan</a></li> <li><a href="/wiki/Urjit_Patel" title="Urjit Patel">Urjit Patel</a></li> <li><a href="/wiki/Vivek_Lall" title="Vivek Lall">Vivek Lall</a></li></ul> </div></td></tr></tbody></table><div></div></td></tr><tr><td class="navbox-abovebelow" colspan="2"><div>see also: <a href="/wiki/Template:Reliance_Anil_Dhirubhai_Ambani_Group" title="Template:Reliance Anil Dhirubhai Ambani Group">Template:Reliance Anil Dhirubhai Ambani Group</a></div></td></tr></tbody></table></div>    </div><noscript><img src="https://login.wikimedia.org/wiki/Special:CentralAutoLogin/start?type=1x1" alt="" width="1" height="1" style="border: none; position: absolute;"></noscript> <div class="printfooter" data-nosnippet="">Retrieved from "<a dir="ltr" href="https://en.wikipedia.org/w/index.php?title=Network18_Group&oldid=1257536116">https://en.wikipedia.org/w/index.php?title=Network18_Group&oldid=1257536116</a>"</div></div> <div id="catlinks" class="catlinks" data-mw="interface"><div id="mw-normal-catlinks" class="mw-normal-catlinks"><a href="/wiki/Help:Category" title="Help:Category">Categories</a>: <ul><li><a href="/wiki/Category:Network18_Group" title="Category:Network18 Group">Network18 Group</a></li><li><a href="/wiki/Category:1993_establishments_in_Maharashtra" title="Category:1993 establishments in Maharashtra">1993 establishments in Maharashtra</a></li><li><a href="/wiki/Category:2014_mergers_and_acquisitions" 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