After NDTV, it’s the turn for yet another channel to air itself live from the stock exchange. The Television Eighteen Group (TV18) and National Stock Exchange (NSE) have partnered to provide live coverage at the NSE in Mumbai, from where CNBC Awaaz will be aired.
Last month, NDTV Profit had gone live on the wall of the Bombay Stock Exchange. The channel can now be viewed on what is claimed to be India’s largest video screen, called ‘BSE Broadcast’, marking its presence in the ‘action-point’ of the stock market.
Now, exactly a month later, CNBC Awaaz also hopes to bring reportage, corporate earnings and discussions with company managements to a national and international level. It also coincides with the second anniversary of CNBC Awaaz, which was launched as a Hindi consumer-oriented business channel two years ago.
Raghav Bahl, Managing Director, Television Eighteen India Ltd, who was present at the launch of the NSE TV18 Media Center in Mumbai, said, “We believe that this is a concrete step further in enhancing levels of transparency and communication with investors.”
Ravi Narain, MD, NSE, said, “The setting up of the media centre is a step in line with global practices. Most of the leading exchanges worldwide have set up such platforms for real-time market coverage. This will take the exchange to the doorstep of the investors.”
CNBC Awaaz Editor, Sanjay Pugalia, said, “CNBC Awaaz has successfully completed two years. We cut through jargon and give information in simple language, reaching out to a wide audience. The partnership with NSE is our endeavour in getting real time stock market information for the investors.”
Market-hour programming on CNBC-TV18 and CNBC Awaaz will go live from the NSE as well as the earning-coverage of NSE-listed companies and listings on the NSE would be announced live from the NSE TV18 media centre.
The NSE TV18 media center was inaugurated by Finance Minister P Chidambaram.