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CNBC India to break even by 2002

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CNBC India to break even by 2002

CNBC India is expecting to break even by early 2002. The news channel, launched last year, is a joint venture between Television Eighteen India and CNBC Asia. TV-18 has 49 per cent stake in CNBC India, while the rest is with CNBC Asia.

According to industry sources, SET India, which had expressed interest in picking up a 20 per cent stake in CNBC India, has decided against it. SET India is however in the final stages of negotiations with CNBC India to extend its present marketing and advertising contract for another 3-4 years.

CNBC India has been negotiating with several newspapers for content alliances. At present, it provides content to Mid-Day and eFE.


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Meera Iyer tells exchange4media that in FY 2016/17, bigbasket clocked a revenue of Rs 1,400 crore. The online supermarket currently stands at 70,000 orders a day, with operations in 25 cities.

The announcement regarding this was made on Twitter by Sukumar Ranganathan, Editor-in-Chief, Hindustan Times, and Shekhar Gupta, Founder, The Print

The website promises to bring fast, reliable, insight-rich analysis in times when the readers are flooded with ‘breaking news’, and great conversations among an elite community of opinion leaders

The network has based its claim on Broadcast Audience Research Council (BARC) all India data (U+R) from April 2017 to March 2017 (full year average)