From The Man Behind News to The Face of News – The Success of Prannoy Roy

Introduction:

India’s media scene was revolutionized in 1988 when eminent Indian financial analyst and writer Prannoy Roy co-founded Modern Delhi Tv (NDTV). Beneath his course, NDTV created into a trustworthy brand in news and advanced news coverage, known for its genuineness and for being the primary in India to broadcast news around-the-clock.

The things that NDTV is most proud of are how its work affects the actual world and how it uses its extensive reach to stand on behalf of the Indian people. The 7 Wonders of India, Save Our Tigers, the Greenathon, Jeene ki Asha, Marks for Sports, Support My School, the University Sports Championships, and the most recent Health4U campaigns on Heart Care, Diabetes, Cancer, and Organ Donation, Banega Swachch India, the Road to Safety, and What’s your Choice? are just a few of the social issues that have been brought to light by over 30 years of committed and creative programming. Regarded as a sincere, impartial, and brave defender of human rights, NDTV’s persistent and multi-award-winning campaigns against injustice and human rights abuses have compelled indifferent governments to take action, altered laws, and awakened the country to the power of the people.

With creative content and unwavering integrity, its networks NDTV 24×7 (English), NDTV India (Hindi), and India’s first-ever 2-in-1 channel NDTV Profit-NDTV Prime (Business and Infotainment) continue to elevate the bar for journalism.

Prannoy Roy – Highlights:

The Journey & Path to Success of Prannoy Roy:

For almost 25 years, New Delhi Television has led the way in digital journalism and news television in India. NDTV, which was founded in 1988 by Radhika and Prannoy Roy, is currently India’s most viewed, reliable, and esteemed news network in addition to being a pioneer in the Internet space. NDTV has been at the forefront of every news revolution, starting with the groundbreaking “The World This Week” (nominated as one of India’s 5 best television programmes since Independence), producing India’s first 24-hour news channel “Star News,” and creating the nation’s first-ever 2-in-1 channel Profit-Prime. These days, NDTV’s main business is the internet. Its flagship website, ndtv.com, is India’s most popular place to find general news.

The channels are sharp and imaginative, providing fast, accurate, and reliable news to the Indian population worldwide. The sole English news channel from India that reaches out to the Indian diaspora is NDTV 24×7. It is broadcast in the UK, USA, Canada, South Africa, Middle East, Australia, New Zealand, Mauritius, and the majority of SAARC countries. With step-down subsidiaries NDTV Convergence (triple play; to exploit the synergies between television, Internet, and mobile and owns the website ndtv.com) and NDTV Worldwide (high end consultancy for setting up local television news channels in emerging markets across the world), NDTV has expanded its brand portfolio over the years to seize opportunities in the “beyond news space.”

The business debuted NDTV Good Times (now Goodtimes), a premium lifestyle channel targeted at urban Indians worldwide, in 2007. It also leveraged its experience to introduce Astro Awani, a global channel, in Malaysia.

Red Pixels Ventures Ltd., which was established in 2015 to carry on the tradition of NDTV’s groundbreaking coverage of personal technology, is the company that runs Gadgets 360. As an initiative of NDTV, Gadgets 360 is India’s premier technology news, reviews, and information website, providing you with up-to-date information about the newest global tech items to help you in your purchasing decisions.

A new auto portal called Fifth Gear Auto is capitalizing on the enormous fan base of NDTV’s motorcycle and vehicle programming. Since its introduction, the auto site Car and Bike has grown to become one of the fastest-growing vehicle portals, demonstrating the brand’s credibility in this market. The new project from NDTV Original paintings, digital prints, jewelry, objet d’art, and other decor items are all available at cheap prices in the Indian Art & Collectibles section of Mojarto.com, India’s largest art marketplace with real artworks handpicked from the top artists.

The most cutting-edge and advanced production, newsgathering, and historical capabilities in India are housed in NDTV’s offices and studios around the nation, together with award-winning creative and production teams.

According to the TRA Trust Brand Report, India Study 2016, NDTV is the most trusted TV media brand in India. NDTV was named the Most Trusted Band in India for both 2014 and 2015, according to ratings from newspapers, radio, websites, and of course television. For the first time in media history, a corporation in the media was ranked as both the #1 and the most trusted brand in India, as determined by all newspapers and channels (All India Brand Trust Report 2014 and 2015).

Numerous extensive and reliable national polls have revealed that NDTV 24×7 is the English news channel with the highest viewership overall, with over 90,000 households participating (independent nationwide survey by Hansa Research). A record-breaking 13 billion hits were recorded on NDTV’s website, ndtv.com, on the day of the Lok Sabha (Parliament) Election results in 2014.

The best option for any coverage of the Indian election has always been NDTV, the Indian news station with the longest history in the UK. Since joining BARB, the UK’s audience measurement body, NDTV 24×7 has seen record viewership. The channel is the foremost watched Indian news broadcaster within the UK, agreeing to data. The official source of tv observing insights within the UK is the Broadcasters’ Gathering of people Inquire about Board (Spike), and NDTV 24×7 continually positions as the foremost seen Indian news channel within the nation, agreeing to Spike official information.

The Team Behind the Success:

Prannoy Roy may be a writer, media personality, chartered accountant, and financial analyst from India. In conjunction with his spouse Radhika Roy, Roy is an official co-chairperson and co-founder of NDTV (Modern Delhi Tv Restricted).

On October 15, 1949, Roy was born in Calcutta, India, to a Bengali Hindu father and an Irish mother. Amid the British Raj, his father P L Roy worked as a collector in India. P L Roy was too utilized at Genelec. Prannoy Roy went to The Doon School in Dehradun and La Martiniere in Kolkata. He afterward gotten a grant to Haileybury and Majestic Benefit College within the Joined together Kingdom to seek after his A-level thinks about. Upon graduation, he got to be a Individual of the Founded of Chartered Bookkeepers (Britain and Ridges) and a British chartered bookkeeper.

Roy and his life partner Radhika set up NDTV Modern Delhi Tv, a TV generation company, in 1988. He started working for Doordarshan as a news have for “The News Tonight” and “The World This Week,” where he secured the country’s common decisions on tv.

He launched NDTV 24×7, the primary English news station in India to discuss nonstop. He has served as an financial advisor within the Indian government’s Service of Back and is an relate teacher at the Delhi School of Financial matters.  There, he created a macro-econometric model for Indian economic forecasting. He has served as a consultant for PricewaterhouseCoopers, an international accounting firm, for its India business.

Journalists, reporters, and anchors with administrative ties have a history of being hired by NDTV. Among them are: As the son-in-law of Govind Narain, a previous domestic and defense secretary and senator of Karnataka, Vikram Chandra is the child of Yogesh Chandra, a previous executive common of respectful flying.

Arnab Goswami started his career with NDTV. His father, Manoranjan Goswami, could be a previous Armed force officer and part of the Bharatiya Janata Party (BJP).  His brother, Dinesh, held the position of Union Law Minister in the United Front administration led by Vishwanath Pratap Singh. The former senior diplomat Himachal Som is the father of Vishnu Som. The managing editor, Chetan Bhattacharji, is the grandson of Nirmal Mukarji, a former governor of Punjab and cabinet secretary. 

The corporation currently has six directors. Dr. Prannoy Roy and his spouse Radhika Roy own 61.45% of the company’s shares. The Group has corporate holdings in apparel, art, mobile, electronics, and other industries in addition to the media industry.

Along with being a co-founder of RRPR Holding Pvt. Ltd. (RRPR), Dr. Roy also has a 29.18% stake in the NDTV network. Dr. Roy holds the position of Chief at the taking after companies:

RRPR Holding Private Restricted, NDTV Studios Constrained, NDTV Labs Constrained, NDTV Commerce Restricted, NDTV Delhi Restricted, NDTV News Restricted from Mumbai to Delhi, and Modern Delhi Tv Restricted.

The Indian English news station NDTV 24×7 was co-founded by his spouse, Radhika Roy. Radhika Roy, an English graduate from the College of Delhi, was recorded by Fortune India as the 43rd Most Capable Lady in India in 2017. She was moreover included within the 2007 Paley Center for Media “She Made It:

Ladies Making Tv and Radio” list of 50 honorees. In expansion, Radhika Roy is co-founder of RRPR Pvt. Constrained, of which she claims a 50% stake, and she serves as the co-executive chair of the NDTV Gather.

History of NDTV:

The head of the CBI accused NDTV managing director Roy of fraud in the Doordarshan upgrade, and in 1998, he initiated a criminal conspiracy case against him. The judges absolved Roy and NDTV of all charges related to cases the CBI had brought against Roy in July 2013. A article uncovering the money related offenses and acts of neglect committed by the NDTV in conniving with ICICI Bank was distributed within The Sunday Gatekeeper. A ask from NDTV to switch to a day by day half-hourly news bulletin on Doordarshan’s moment channel, DD Metro, was made to Doordarshan in 1995.

They go into depth on how the main investors in NDTV raised money by falsifying the value of their NDTV shares. The CEO of NDTV denied it and threatened Sunday Guardian with “criminal defamation” in his response. Therefore, on June 5, 2017, NIA & CBI raided Prannoy Roy’s home. On November 19, 2015, the ED allegedly violated the FEMA act and served NDTV with a notice of 2,030 crore.

The claims, according to the business, are not “legally tenable.” The income tax agency discovered that the NDTV promoters were accountable for tax and penalty recovery since they utilized their own shell businesses to round-trip investments totaling 642 crore in 2009–2010. In September 2018, Roy and his spouse Radhika received a show-cause notice from SEBI for breaking insider trading rules via their business, NDTV.

In March of that year, SEBI penalized them each Rs 3 lac for their failure to provide information. In Admirable 2019, the Central Bureau of Examination opened a unused case against Prannoy Roy, his spouse Radhika Roy, and previous CEO of NDTV Vikram Chandra for breaking FDI directions and utilizing shell companies to exchange corrupted stores having a place to unidentified open staff. The Securities and Trade Board of India prohibited Prannoy Roy and Radhika Roy from the securities advertise for a period of two a long time.

They cannot retain management roles in the NDTV board because it was determined after an investigation that they had withheld material information about loan agreements from shareholders.

Adani Group became the news network’s single largest shareholder with a 64.71 percent interest when Radhika and Prannoy Roy sold Adani Group 27.26 percent of their 32.26 percent stock in December 2022.

The buy of NDTV by the very rich person Gautam Adani’s Adani commerce, which is closely related with Prime Serve Narendra Modi, started shock and feedback from major Western media sources, counting The Gatekeeper, Washington Post, and Bloomberg. The Adani Group’s commanding takeover of NDTV has started stresses around what lies ahead for autonomous media in India. There are concerns that the Adani Gather, which incorporates a near ties with the Indian government, would utilize NDTV to assist its possess motivation.

The move to seize control was also said to be similar to the past takeover of the biggest news network, Network18, which was carried out by another billionaire close to Narendra Modi, Mukesh Ambani. Concerning the takeover of independent news channels by two “oligarchs” and their silencing of critical journalism at the request of the ruling elite, the Delhi Union of Journalists issued a statement. In protest of the new owner’s alleged lack of independence from the government, presenter Ravish Kumar resigned from his position on the station.

Several notable channel members resigned in the wake of Adani’s takeover. The list featured Suparna Singh, the group president of the channel, Arijit Chatterjee, the chief strategy officer, and Kawaljit Singh Bedi, the chief technology and product officer, along with journalists Ravish Kumar, Sreenivasan Jain, Nidhi Razdan, and Sarah Jacob.

Up until August 2022, co-founders and firm promoters Radhika Roy, a writer, and Prannoy Roy, an economist, held a controlling 61.45% of the shares; they held 16.32% and 15.95% of the shares, respectively, and jointly held 29.18% through a holding company named RRPR.

Innovation and Revolution of NDTV:

Two news channels and one entertainment channel make up NDTV’s three broadcast channels. Through joint ventures, the corporation is involved in three other channels. It too has backups giving assistant administrations, like NDTV Rising Markets, a consultancy firm made to assist with the presentation of NDTV news channels exterior of India, and NDTV Labs, a inquire about and advancement company made particularly to improve the generation prepare interior the bunch.

The English-language news channel NDTV 24×7, which was set up by NDTV and Star India, is respected as the country’s to begin with 24-hour news station. It replaced Star News. Through a number of distribution agreements, including one with Time Warner Cable and DirecTV in the US, it is accessible abroad. The Asian Tv Organize conveys the channel’s programming in Canada, where it is known as ATN NDTV 24×7.

A national news station with a expansive taking after in India is NDTV India, which broadcasts in Hindi. The station encompasses a near relationship with its editor-in-chief, Violate Kumar, who is respected as one of India’s most imperative writers and has won a few prestigious honors, counting the Ramon Magsaysay Grant.

As portion of a two-in-one crossover channel with NDTV Benefit, the infotainment channel NDTV Prime was hailed as inventive since it advertised trade news amid the day on weekdays beneath the title Benefit and data and excitement amid other times beneath the title Prime. Later, the business news programming moved to NDTV 24 hours a day once the station was transformed into a full-time infotainment channel.

In a joint venture with the Southeast Asian media business Astro, the subsidiary NDTV Lifestyle, which debuted NDTV Good Times as the first lifestyle channel in India, is still in operation. Additionally, NDTV has two joint ventures in which it oversees the news station Independent Television with BEXIMCO in Bangladesh and the broadcast infrastructure of the infotainment channel Astro Awani throughout Southeast Asia.

How Prannoy Roy Gave Impact by NDTV:

Indian journalism was altered by Prannoy Roy’s vision for NDTV. NDTV raised the standard for news delivery when it introduced well-known shows like “The World This Week” and the first private news bulletins on Doordarshan. Important turning points were reached with the launch of Star News, India’s first 24-hour news station, and later NDTV 24×7.

Roy’s focus on incisive, quick, and reliable reporting brought NDTV multiple awards and became a household name. The network’s creative methods were applied to digital media, and ndtv.com rose to prominence as a top news website. Roy’s dedication to journalistic integrity made NDTV a reliable information source, which had a significant influence on public opinion.

Lessons from Prannoy Roy:

Prannoy Roy’s path provides important insights into leadership and media innovation. The importance of media integrity is highlighted by his unwavering commitment to reputable journalism. Roy’s capacity for technological innovation emphasizes how the digital world demands constant evolution.

The power of inventiveness and insight is demonstrated by his groundbreaking efforts in 24-hour news transmission. Roy’s fortitude in the face of legal and political obstacles also serves as an example of the value of tenacity and moral unwavering. His cooperative leadership style—he and Radhika Roy co-founded NDTV—demonstrates the importance of collaboration in attaining long-term success.

Prannoy Roy – Milestones, Awards and Achievements:

• He was honored with the 2015 RedInk Award for his unwavering and innovative contributions to news television and journalism.
• His shows “The World This Week” and “The News Tonight” were brought forth as possibilities for the top five Indian television shows since the country’s independence.
• In 2009, Roy was one of two Indians on the Council on Foreign Relations’ International Advisory Board in Washington.

Conclusion:

The legacy of Prannoy Roy at NDTV is proof of his innovative leadership in the media. His efforts not only helped establish NDTV as a reliable news outlet, but they also established standards for journalism ethics and creativity in India. Roy’s ideas of reliable and independent journalism continue to be important lessons for the future as NDTV negotiates a change in ownership. His influence on Indian media keeps journalists and media entrepreneurs motivated, ensuring that the pursuit of truth and integrity persists in the ever changing media environment.