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TV 18 Group integrates its earning coverage under India Earnings umbrella, launches Indiaearnings.com

11-October-2006
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TV 18 Group integrates its earning coverage under India Earnings umbrella, launches Indiaearnings.com

The earnings season is one of the hottest actions for a business network like TV18 Group In order to give retail as well as institutional investors the best coverage during the earnings season, the TV18 network has brought about the first major editorial integration under the CNBC Universe stable. The earnings coverage on the network will now be integrated under the India Earnings Umbrella.

The India Earnings Umbrella will include pre-results, results-day and post-results coverage, analysis chats with company managements and webcasts of investor conferences, third party reference and reference material across TV18’s various channels and online properties.

Under the India Earnings umbrella, the CNBC Universe will be launching Indiaearnings.com, powered by a team of experts from TV18’s editorial team. The website will allow restricted access to a selective set of institutional investors in the country. The access to the site is strictly by invitation. To receive an invitation one needs to send an email to indiaearnings@moneycontrol.com.

Indiaearnings.com will be inaugurated by Narayana Murthy, Chairman and Chief Mentor of Infosys on October 11. Indiaearnings.com claims to provide India’s most credible and exclusive information destination for professional Indian and foreign institutional investors.

Commenting on the India Earnings Umbrella, Haresh Chawla, CEO, TV18 Group, said, “India Earnings is by far the most extensive platform that any company would get for its results coverage and also the single largest platform which reaches out to more than 40 million affluent, interested Indians. Indiaearnings.com will be a one-stop destination for all their investment needs as well as the most credible platform for critical information on the company financials. The India Earnings Umbrella will combine the strengths of CNBC-TV18, CNBC Awaaz and moneycontrol.com as well as CNBC Global Network to benefit professional retail and institutional investors alike.”

CNBC-TV18 will showcase the earnings seasons of large cap and mid cap companies, CNBC Awaaz will cover the earnings of mid-cap and small cap companies, indiaearnings.com will touch upon more than 500 companies to give investors all round earnings coverage.

Elaborating further, Ajay Chacko, Head-Marketing, CNBC-TV18 and CNBC Awaaz, said, “Through Indiaearnings.com we will make available detailed financial statements of numerous companies, company background and information about the board of directors. The site will also offer archival and pre-result estimates. Also on the anvil are tools to compare results with peer companies, CFO meets and comprehensive information about the stocks, not the least of which are webcasts and audiocasts of press conferences and brokerage conferences.”

When queried on how such initiatives would benefit the business network, Chacko said, “It helps us demonstrate the power of the CNBC Universe platform and shows a tangible integration of different media offerings – from a CNBC TV18 to a moneycontrol to TV18 mobile. It also helps multiple communities – from retail investors to foreign institutional investors and even company managements to have a comprehensive platform for earnings information on companies.”

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