1993
- The Company was incorporated under the companies Act, 1956 on
September 24th, as a private limited company viz. Television
Eighteen
India Pivate Limited. The Company was promoted by Mr. Raghav Bahl
and
Mr. Sanjay Ray Choudhuri.
- The Company shot into prominence in its first year with the launch
of
India's first ever show on satellite television - The India Show on
Star Plus. The Company has won the Asian TV Awards for two years
running.
1994
- The Company was converted into a public limited company u/s 44 of
the
Companies Act and a fresh Certificate of Incorporation was received
on
January 2, 1995.
- The Company is the first independent production company contracted
by
BBC World to produce a weekly business news programme - India
Business
Report.
- It launched India's first street countdown show in English. The
show
was called Public Demand on EL TV.
- It became one of the first TV companies in the country to have 2
full
fledged production bases in the country.
1995
- The Company entered into a programme production agreement with NBC
Asia, a division of NBC, one of the world's leading broadcasters.
1996
- The Company set up a wholly owned subsidiary in Mauritius viz.
Television Eighteen Mauritius Limited after receiving requisite
consent
from the Department of Companies Affairs and the Reserve Bank of
India.
- Mauritius Limited is a subsidiary of the Company, TEML is also a
wholly owned subsidiary of TV18.
- The Company, through its Mauritius subsidiary, entered into a
Joint
Venture to launch Asia Business News India (ABNi), the country's
first
dedicated 24-hour business news and information channel.
1997
- The Joint Venture to launch Asia Business News India suffered a
major
setback as ABNi closed down following the worldwide merger of ABN
with
CNBC.
- Its joint venture with Asia Business News India (ABNI) suffered a
setback after the latter closed down following the worldwide merger
of
ABN with CNBC.
1998
- A separate 51:49 joint venture has been entered into with TV18 to
form CNBC India. This makes TV18 the only Indian production company
to
have a substantial stake in the Indian venture of a global
broadcaster.
1999
- There was a fire at the premises of the Company in April. It
damaged
the premises, computer network, air conditioning, furniture and some
of
the equipment.
- Television Eighteen India (TV 18) is engaged in generation of
programming content for TV channels.
- The company proposes to use the synergy of its existing business
operations to launch a web portal for a range of information and
services.
- A joint venture has been formed between Television Eighteen
Mauritius
Ltd (TEML), a wholly-owned subsidiary of TV 18 and Business News
(Asia)
Private Ltd (which owns the CNBC Asia brand) to launch CNBC India.
- Television Eighteen India Ltd, a television software production
company, is planning to invest Rs. 3.5 crores to set up Web-based
business and entertainment portals.
- The company is slated to enter the primary capital market with its
initial public offer of 29.36 lakh shares at Rs. 180 per share on
December 16.
2000
- Televisions Eighteen India is likely to be listed on the Delhi
Stock
Exchange in a week's time.
- Television Eighteen had offered 27.36 lakh shares at a price of Rs
180 to the public and had reserved 2 lakh shares at Rs 180 on a firm
allotment basis to Alliance Capital Tax Relief Fund 96, Alliance
Equity
Fund, Alliance Monthly Income and the Alliance 95 Fund.
- TV-18 has a versatile programme mix like business news,
entertainment
news, popular non-fiction programming including chat shows, music
shows, game shows and prime time drama. It is also the only
producer
in India which can boast of relationship with practically all
leading
television channels in India such as CNBC Asia, Doordarshan, Zee TV,
Sony Entertainment Television, MTV, Star Plus, etc.
- TV 18 produces software for television channels such as CNBC and
Star.
- The Company entered into a joint venture agreement with Vertx
Broadcasting Corporation which is in the business of setting up and
running of FM radio Station in various locations in the country.
- The Company approved to offer Sony Entertainment Television, the
option to acqire from its wholly owned subsidiary namely Television
Eighteen Marutitus Ltd. upto 20% of the equity capital of CNBC India
Ltd.
- The Company has entered into a business-newscontent-sharing
alliance
with e-Financial Express (e-FE) effective 16th May.
- The Company's Internet-focused subsidiary e-Eighteen Dot Com Pvt.
Ltd., has acquired Money Control Dot Com Ltd., which owns the
personal
finance portal www.moneycontrol.com.
- Telvision Eighteen India, a content provider for business news and
entertainment, has roped in a strategic investor, which will pick up
a
40 per cent stake in a new company to launch its proposed television
infotainment channel and broadband portal.
- The Company has informed that, e-Eighteen, TV 18's internet
focussed
subsidiary has entered into multiple alliances with leading online
brokers including Ask Raymond James, Hometrade, Indiabulls,
Investsmart
India and Khandwala Securities with a strategic objective to extend
its
audience reach and relationship by offering transacton capabilities.
- The Company's internet focussed subsidiary e-Eighteen.com Pvt.
Ltd.
(e18) has signed an agreement with ICICI Venture Funds to take a 10
per
cent equity stake in the e18.
2001
-Joint venture between Television Eighteen (TV-18) and CNBC Asia, has
announced India's first awards for excellence in fund management
called CNBC India-BNP Paribas Mutual Fund of the Year.
-TV18 infotainment channel launch put off
2002
-TV 18 Board authorised to issue shares on preferential basis
-Octopusvc Ltd has proposed to acquire 7,00,000 equity shares of the
company representing 6.01% of the voting rights by way of
preferential allotment at a price of Rs 88 per share
2003
-TV 18 rights issue oversubscribed
-Increases stake in CNBC-TV18 channel from 49% to 90%
-Reliance Vision Fund and Reliance Growth Fund, Schemes of Reliance
Capital Mutual Fund(Acquirer) have purchased 9,70,000 shares
representing 7.98% of the total paid up capital of Television
Eighteen Limited (Target Company).
-To issue and allot, two equity shares, to every holder of one ZCSPCD
as on the record date November18, 2003 provided that the ZCSPCD has
been fully paid up.
-The business channel in association with Idea Cellular Ltd, hosted
'The power of Idea' at The Grand Bhagwati in Ahmedabad on Nov 24
-Announced the launch of a nationwide business school competition,
Trial By Fire, to test how prepared management students are for the
pressures of work life.
- ICRA has upgraded the rating assigned to Rs 13.44-crore for
debenture scheme
-Promoters sell 1 million shares
-CNBC-TV18 is introducing two new shows Tonight at 10 and Encounter.
Business@10 is being replaced by Tonight at 10, a current affairs
show featuring Karan Thapar from Monday to Thursday, while feature
journalist and political commentator M.J. Akbar will host Encounter
on Fridays.
-Reliance Capital Asset Management Limited has informed that Reliance
Vision Fund - Scheme of Reliance Capital Mutual Fund has acquired
4,70,933 equity shares representing 3.24% of the total paid up share
capital of Television Eighteen India Ltd
2005
-Television Eighteen India launches Fixed Deposit Scheme
- Television Eighteen India Ltd forms a new venture called Broadcast
News in collaboration with the TV18 Group to launch television
channels in the news and information space.
2006
-TV18 appointed Mr Sundeep Malhotra as new CEO for Home Shopping
Network.
2007
-The Company has issued Bonus Shares in the Ratio of 1:1. |