Top Story

e4m_logo.png

Home >> Advertising >> Article

TV18 Group acquires Crisil MarketWire

15-November-2006
Font Size   16
TV18 Group acquires Crisil MarketWire

The Television Eighteen (TV18) Group has announced its decision to acquire the assets and staff of Crisil MarketWire (CMW) from rating agency Crisil Ltd. The transfer will take effect from January 1, 2007. This follows the earlier decision between Crisil and TV18 to jointly develop a framework for business collaboration. The CMW business will be rechristened NewsWire 18 Pvt Ltd and will be a group company of the TV18 Group.

TV18 will take over all the assets, liabilities and staff of CMW from the effective date. Pankaj Aher, currently CEO of CMW Ltd, will continue to be CEO of the business and of NewsWire 18 as well.

It may be noted that CMW is the erstwhile Bridge News. The core team of journalists from Bridge News shifted to Crisil in 2001 when the news agency closed shop in India and formed CMW. It used to support its news with database sourced from India Quotation System (IQS), which incidentally was bought by Reuters recently.

Tags

Kranti Gada joined the family business at Shemaroo in 2006 after a successful stint of over two years in marketing at Pepsi Co. She has been associated with the company for 12 years.

Exchange4media interacted with Jaspreet Chandok, Vice President and Head (Fashion) , IMG Reliance Pvt. Ltd on seamless brands integrations planned for Lakme Fashion Week, walking tall despite blazing trails like GST, demonetization and being a part of the larger cultural space

Their strategy to educate the consumers to make well informed decisions at all stages has worked out well.

Bobby Pawar, MD, CCO - South Asia, Publicis India, talks about his idea of chilling out

V-Guard Industries, a household name for consumer electrical appliances in India, has revamped its logo in order to reflect the strength gained by the brand over the years. The company has also unveil...

The report reveals that there has been nearly 5 times more growth in video consumption in the last 12 months, with 96 percent of all usage being focused on long form video

Gopalan currently leads the Indonesia operations of P&G, and will be taking over from April 1st, 2018 as Al Rajwani is set to retire after 37 years with the company.