
The Network18 Group is a leading Indian media conglomerate that has made a significant impact on the country's media landscape. It was founded in 1993 by Raghav Bahl and Ritu Kapur.
Network18 Group has a diverse portfolio of media brands that cater to various interests and demographics. Its flagship brand, CNN-IBN, is a 24-hour English news channel that provides in-depth coverage of national and international news.
The group's media brands have a strong presence in India, with a combined reach of over 100 million viewers and readers. This is a testament to the group's ability to connect with audiences across the country.
Network18 Group has also expanded its reach through strategic partnerships and acquisitions, further solidifying its position as a leading media conglomerate in India.
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Reliance Industries Takeover (2011-2014)
Reliance Industries Ltd, led by Mukesh Ambani, completed the open offer for three listed firms of the Network18 group, including Infomedia and TV18.
This marked a significant takeover by Reliance Industries, as they gained control of media and entertainment major Network18 and its group firms.

In 2011, Reliance Industries began to take control of Network18, a major player in the media and entertainment industry.
The takeover was completed through an open offer, which allowed Reliance Industries to acquire a majority stake in the company.
This deal marked a significant milestone in the history of Network18, as it changed the ownership structure of the company.
Reliance Industries' takeover of Network18 was a strategic move to expand their presence in the media and entertainment industry.
The takeover was completed in 2014, after a three-year process that involved multiple transactions and regulatory approvals.
Ownership and Management
Network18 Group's ownership is quite complex, but let's break it down simply. Reliance Industries acquired the group in 2014, and as of 2019, they hold 73.16% of the shares.
The public holdings constitute around 25% of the shareholdings, with some notable individual shareholders, including the former Chief Financial Officer, Hariharan Mahadevan, who held 1.11% of the shares in 2019.
Reliance Industries currently holds 56.89% of the shares, with the remaining 43.11% held in equity.
The management team has undergone significant changes since the acquisition. Raghav Bahl was the managing director between 2003 and 2014, while Haresh Chawla is considered the founding CEO of the company.
Ownership
Network18's ownership structure is quite complex, but let's break it down. Reliance Industries, led by Mukesh Ambani, acquired a majority stake in Network18 in 2014, initially holding 78% of the shares. Today, Reliance Industries holds around 56.89% of the shares.
The company has a public holding of around 36.42%, with individual shareholders owning a significant portion of the shares. In fact, the Chief Financial Officer (CFO) of Network18, Hariharan Mahadevan, held 1.11% of the shares as a public shareholder in 2019.
Here's a rough breakdown of the shareholding pattern:
- Reliance Industries: 56.89%
- Public shareholders: 36.42%
- FIIs, DIIs, and other investors: 6.69%
It's worth noting that the shareholding pattern has changed over time, with Reliance Industries' stake decreasing from 75% in 2017 to 56.89% in 2025.
Management
The management of Network18 Group has undergone significant changes over the years. Ritu Kapur was the first director of the company after the Jindals' resignation.
Haresh Chawla is considered to be the founding CEO of the company, having been appointed as the CEO of TV18 in 1999. He became the first CEO of Network18 after it was acquired and converted into the holding company of TV18.

Raghav Bahl took over as the managing director of the company between 2003 and 2014, crediting Haresh Chawla for establishing diverse partnerships with major brands. He resigned before Network18 entered into a deal with Reliance Industries.
B. Sai Kumar succeeded Chawla as the CEO of Network18, but resigned before the takeover of the company by Reliance. Adil Zainulbhai, a director at Reliance Industries, became the chairman of the board of directors following the takeover.
A. P. Parigi was appointed as the new CEO after Sai Kumar's exit, but was later moved to an advisory position by Reliance Industries in October 2015. Rahul Joshi, the editorial director at The Economic Times, was recruited and appointed as both the CEO and editor-in-chief of the entire group following the takeover.
Here is a brief overview of the key management positions and their tenures:
Related Party Transactions
As part of our exploration of Ownership and Management, let's take a closer look at Related Party Transactions.
All Related Party Transactions submitted by the Company for quarter ended March 2025 and thereafter will be available under Integrated Filing - Financials.
In order to access these transactions, simply click on the provided link.
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Tmt
Tmt is a significant aspect of ownership and management, as it allows for the separation of ownership and control. This is crucial for companies with a large number of shareholders.
The transfer of ownership can be facilitated through the issuance of shares, which can be bought and sold on the stock market. Shareholders can also transfer their ownership to others, either by selling their shares or through inheritance.
Tmt can also refer to the transfer of management responsibilities, such as in the case of a company being acquired by another entity. In this scenario, the new management team may take over the day-to-day operations of the company.
The use of Tmt in this context can help to ensure a smooth transition and minimize disruption to the business.
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Infibeam Secures $6.2 Mn Investment from TV18
TV18 Broadcast Ltd, a company controlled by billionaire Mukesh Ambani, is investing up to Rs 40 crore in Infibeam Incorporation Ltd.
This investment is a significant boost to Infibeam's growth plans, and it's clear that TV18 sees potential in the company.
The investment amount is $6.23 million, which is a substantial sum that will likely have a positive impact on Infibeam's operations.
Financial Information

Network18 Group's financial history is a story of expansion, consolidation, and financial challenges. The company's debt increased significantly between 2008 and 2010, with net losses of ₹331.64 crore and ₹276.89 crore respectively.
Network18 had high liquidity and expanded rapidly, but its investments outstripped the profits generated by its operational assets. The company's financial statements reported retiring outstanding debt and raising funds through equity investments in 2009.
In 2010-2011, Network18 registered a loss of ₹43.53 crore, but the company was optimistic about its future, with Raghav Bahl telling shareholders that "the best times are still ahead of us".
Here is a list of Network18 Group's annual reports from 2011 to 2025, available on the BSE and NSE websites:
- 2011 (NSE)
- 2012 (BSE)
- 2013 (BSE)
- 2014 (BSE)
- 2015 (BSE)
- 2016 (BSE)
- 2017 (BSE)
- 2018 (BSE)
- 2019 (BSE)
- 2020 (BSE)
- 2021 (BSE)
- 2022 (BSE)
- 2023 (BSE)
- 2024 (BSE)
- 2025 (BSE)
TV18 Merger Deal: $1.2B
TV18 Broadcast will merge with Network18 in a $1.2 billion deal. This merger will help the Reliance-owned company expand its reach and capabilities.
The deal values the combined entity at a significant amount. TV18 Broadcast will become a part of the larger Network18 Media & Investments group.
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TV18 Broadcast has gained a majority stake in Viacom18 Media Pvt. Ltd, valuing the joint venture at a substantial amount. This move is a strategic step for the company to strengthen its position in the market.
The merger deal is a significant development in the media and broadcasting industry. It highlights the growing trend of consolidation and partnerships in the sector.
Expansion and Increasing Debt
Network18's expansion into new ventures started in 2008, when it began diversifying with cross media interests, including launching the shopping channel Home Shop18 and the Indian edition of the Forbes business magazine.
The company's investments outstripped its profits, resulting in net losses of ₹331.64 crore in 2008-2009 and ₹276.89 crore in 2009-2010.
Network18 had existing debt obligations and requirements for providing returns to its investors, which added to its financial challenges.
In 2009, the company reported retiring outstanding debt and raising funds through equity investments, but Viacom18 was a significant drain on its funds.
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The financial statement of 2009 showed that the company was struggling to stay afloat, and it began restructuring and consolidating its assets in the same year.
IBN18 Broadcast was renamed to TV18 Broadcast, and Television Eighteen India Limited (TEIL) was merged into it.
Network18's digital media and publishing operations were transferred to the parent company under the divisions of Web18 Software Services and Network18 Publishing respectively.
In the financial year 2010-2011, Network18 registered a loss of ₹43.53 crore, a significant decrease from the previous two years.
Despite this, the company remained optimistic, with Bahl telling shareholders that "the best times are still ahead of us".
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Annual Reports
Annual reports are a crucial part of financial information, providing a snapshot of a company's performance over time.
These reports are typically published annually, and you can find them by searching for the company's name along with the year. For example, if you're looking for the financial report for 2025, you can search for "Company Name 2025 annual report" or "Company Name financial report 2025".
One way to access annual reports is through the Bombay Stock Exchange (BSE) website, which is where you can find reports for the years 2025, 2024, 2023, 2022, 2021, 2020, 2019, 2018, 2017, 2016, and 2015.
If you're looking for reports from previous years, you can also check the National Stock Exchange (NSE) website, which has reports for 2011 and earlier years.
Here's a list of the years for which annual reports are available:
- 2025 (from BSE)
- 2024 (from BSE)
- 2023 (from BSE)
- 2022 (from BSE)
- 2021 (from BSE)
- 2020 (from BSE)
- 2019 (from BSE)
- 2018 (from BSE)
- 2017 (from BSE)
- 2016 (from BSE)
- 2015 (from BSE)
- 2014 (from BSE)
- 2013 (from BSE)
- 2012 (from BSE)
- 2011 (from NSE)
BookMyShow Raises $25M from SAIF and Accel
BookMyShow has secured a significant investment of $25 million from SAIF Partners and existing investors Accel.
Bigtree Entertainment Pvt. Ltd., the company behind BookMyShow, has raised a total of Rs 150 crore, which is equivalent to $25 million.
This investment will likely be used to further grow and develop the BookMyShow platform.
BookMyShow is India's leading online entertainment ticketing property, making this investment a significant boost to the company's growth prospects.
Assets and Investments
Network18 Group has a significant presence in the media and broadcasting sector. The company has a large portfolio of assets and investments.
Network18 Media & Investments Ltd, India's largest listed media company, is a key entity in the group's structure. It will house the broadcasting business, TV18 Broadcast, which will be merged into Network18 from February 1, 2020.
The group's cable and distribution business, comprising Hathway Cable & Datacom and Den Networks, will sit in two separate wholly owned subsidiaries of Network18.
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Owned Assets
CNBC TV18 was launched in 1999 and offers content in English, available in both SD and HD.
The company has a diverse portfolio of channels, catering to different languages and regions.
News18 India, previously known as IBN7, was founded as Channel 7 and offers content in Hindi.
Here's a list of some of the owned assets:
News18 Uttar Pradesh Uttarakhand was launched in 2002, previously known as ETV Uttar Pradesh/Uttarakhand.
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The company has expanded its reach to various regions and languages over the years.
News18 Punjab Haryana was launched in 2014, offering content in Punjabi.
News18 Odia was launched in 2015, offering content in Odia.
News18 Urdu was launched in 2001, offering content in Urdu.
News18 Kannada was launched in 2014, offering content in Kannada.
News18 Bangla was launched in 2014, offering content in Bengali.
News18 Gujarati offers content in Gujarati.
News18 Assam North East was launched in 2016, offering content in Assamese.
News18 Lokmat was launched in 2008, offering content in Marathi.
News18 Kerala was launched in 2015, offering content in Malayalam.
News18 Tamil Nadu offers content in Tamil.
News18 Jammu Kashmir Ladakh Himachal was launched in 2022, offering content in Kashmiri and Ladakhi.
History TV18 was launched in 2011, offering content in multiple languages and is a joint venture with A&E Networks.
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Digital
Digital assets are a type of investment that's often overlooked. They include things like cryptocurrencies, like Bitcoin, and digital collectibles, like NFTs.
Cryptocurrencies have been around since 2009, when Bitcoin was first introduced. They're decentralized, meaning they're not controlled by any government or institution.
Digital collectibles, like NFTs, can be bought and sold like physical artwork. They're unique digital items that can't be replicated.
Investing in digital assets can be done through online exchanges or platforms. This makes it easy to buy and sell these assets from anywhere in the world.
The value of digital assets can fluctuate quickly, making them a high-risk investment. This is because they're not backed by any physical asset.
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Investments Ltd – India's Largest Listed Company
Network18 Media & Investments Ltd is India's largest listed media company. It was formed through a consolidation of Reliance Industries Ltd's media and distribution businesses.
Reliance Industries Ltd announced this consolidation, which involved merging TV18 Broadcast, Hathway Cable & Datacom, and Den Networks into Network18 Media & Investments.
The appointed date for this merger was February 1, 2020. This marked a significant development in the media industry in India.
The broadcasting business, which includes TV18 Broadcast, will be housed in Network18. The cable and distribution business, which includes Hathway Cable & Datacom and Den Networks, will be separated into two wholly owned subsidiaries of Network18.
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Corporate Information
Network18 Group's corporate information is publicly available. The company's ISIN, or International Securities Identification Number, is not specified.
The company's CIN, or Corporate Identity Number, is also not provided. Network18 Group operates in the industry of media and entertainment.
The impact cost of Network18 Group is not disclosed. BC/RD, or the Business Correspondence and Registered Office Details, are also not available.
The market lot for Network18 Group's shares is not specified. The company was listed on the stock exchange on a date that is not provided.
Here is a summary of the company's corporate information in a table format:
Frequently Asked Questions
What is the promoter holding of Network18?
The promoter holding of Network18 is 56.89%. This significant stake gives the promoter considerable influence over the company's operations and decision-making processes.
What is the old name of network 18 media?
Before becoming Network18 Media & Investments Limited, the company was previously known as Network18 Fincap Limited and SGA Finance and Management Services Private Limited
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