Metrics that matter: Why India's industry leaders trust Moneycontrol for business news and markets coverage

Prominent industry figures and corporate leaders said they rely on Moneycontrol for news on markets and companies.

Moneycontrol has surpassed The Economic Times in all major audience metrics for December, cementing its position as the foremost source for digital business, markets, and finance news in India.

Top business leaders and regulators have lauded the depth and value of Moneycontrol's coverage of markets, finance and business, bridging the information gap between institutional investors and the common man.

Prominent industry figures, including veteran banker KV Kamath, market experts Nilesh Shah and Shankar Sharma, and corporate leaders said they rely on Moneycontrol for news on markets and companies.

With 30.02 million unique viewers, Moneycontrol grew by 9 percent in December to forge ahead of ET (28.6 million) in readership size and monthly traffic.

Check out what key industry figures are saying about Moneycontrol and why they rely on it:

"I get what I want on Moneycontrol"

KV Kamath, chairperson of NaBFID

Veteran banker and chairperson of National Bank for Financing Infrastructure and Development, KV Kamath, said that it takes him just minutes to check up balance sheets, "thanks to Monceycontrol." He added, "The first thing (market news) that comes up is on Moneycontrol, so I don't even have to scroll down to look. I click and get what I want."

"Gap between institutional investors and retailers disappeared due to Moneycontrol"

Nilesh Shah, MD, Kotak AMC

Market guru and Kotak Mahindra Asset Management co. Group President and Managing Director Nilesh Shah believes Moneycontrol bridged the gap between institutional investors and retail investors when it comes to information arbitrage. Reminiscing his earlier days, Shah said, "When I started my career, there was a huge information arbitrage between institutional investors and retail investors. That gap has disappeared mainly due to Moneycontrol."

Praising Moneycontrol, Shah added, "The user of Moneycontrol today is as knowledgeable as institutional investors."

"Life of the market is Moneycontrol"

"Moneycontrol has bridged the gap between institutional and retail investors"

"Moneycontrol has emerged as a leading business news source for me, especially around startups and the digital economy."

"Delighted that Moneycontrol has… pic.twitter.com/MtHWN9WTdJ

— Moneycontrol (@moneycontrolcom) January 29, 2024

"Leading business news source for me"

Info Edge founder Sanjeev Bikhchandani

Info Edge (India) Ltd founder and executive vice chairman Sanjeev Bikhchandani believes that Moneycontrol is the leading business website, especially on startups and digital economy news, as well as information on government policies. "I think Moneycontrol has emerged as the leading business news source for me," he said.

"Absolutely delighted that Moneycontrol has overtaken ET"

Ace Investor Shankar Sharma

"A go-to site"

Rashesh Shah, co-founder of Edelweiss Group

Rashesh Shah, the co-founder of Edelweiss Group, reaffirmed his trust in Moneycontrol as the go-to website for all updates on markets and the economy.

"Life of the market is Moneycontrol"

Raamdeo Agrawal, Co-founder, MOFS

Raamdeo Agrawal, Co-founder, MOFSRaamdeo Agarwal, chairman and founder of Motilal Oswal Financial Services, placed his faith in India's leading business website for all markets by saying, "The life of the market is Moneycontrol. You get everything that needs to be known, and you have literally everything free of cost at hand."

Samir Arora, founder, Helios Capital

"Moneycontrol has detailed stock-specific ideas"

Samir Arora, the founder and fund manager of Helios Capital, said it is fun to learn and navigate the markets via Moneycontrol. "It has good, detailed and stock-specific ideas," he said.

"Get first notifications on the news from Moneycontrol"

Indiacharts' founder Rohit Srivastava

Rohit Srivastava, founder of technical analysis website India Charts, said, "All the latest news, whether it is latest results or corporate actions, the first notification I get is from Moneycontrol."

"Leading source of business news"

Guruprasad Srinivasan, CEO, Quess Corp Ltd

Guruprasad Srinivasan, executive director and chief executive of Quess Corp Ltd, congratulated the Moneycontrol team for being the leading source of business news.

"Have to thank Moneycontrol"

SEBI WTM Ananth Narayan Gopalakrishnan

Securities and Exchange Board of India whole-time member Ananth Narayan Gopalakrishnan thanked Moneycontrol for its credible news on markets, scams and more. "I have to compliment Moneycontrol in pointing out some of the egregious misuse of cases of fraud, breaches of investment advisor regulations," he said.

Disclaimer: Moneycontrol is a part of the Network18 group. Network18 is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.