NDTV was founded in 1984 by economist Prannoy Roy and journalist Radhika Roy. It began as a production house supplying news segments to the public broadcaster Doordarshan before becoming India's first independent news network.
When did NDTV launch its first 24-hour news channel?
The first 24-hour news channel NDTV was involved in, Star News, launched in February 1998 under a five-year partnership with Rupert Murdoch's Star Network. NDTV launched its own independent 24-hour channels, NDTV 24x7 and NDTV India, in 2003.
Why did Ravish Kumar resign from NDTV?
Ravish Kumar resigned from NDTV in late 2022 following the Adani Group's acquisition of the network, citing what he described as the new owner's lack of independence from the government. Several other senior journalists and executives resigned at the same time.
How did the Adani Group acquire NDTV?
The Adani Group acquired NDTV in stages beginning in August 2022, starting with its purchase of Vishvapradhan Commercial Private Limited, which held convertible debentures that gave it a 29.18% indirect stake in NDTV. By December 2022, after an open offer and a direct share sale by the Roy founders, the Adani Group held over 64.71% of the company.
What was NDTV's role in covering the 1989 Indian general election?
NDTV produced the first ever televised live coverage of an election result in India for the 1989 general election. The broadcast used hotlines across the country, visual graphics, and live discussions, a format that was adopted as a template by news broadcasters for decades afterward.
What happened to NDTV during the Great Recession?
During the Great Recession, NDTV's stock price at the Bombay Stock Exchange fell from around 400 rupees to around 100 rupees. NBCUniversal exited a US$600 million partnership in October 2009, and Time Warner acquired a 92% stake in the general entertainment subsidiary NDTV Imagine Ltd for US$124.5 million in December 2009.