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CBI raids NDTV Prannoy Roy’s residence

Central Bureau of Investigation (CBI) has registered a case against NDTV founder Prannoy Roy, his wife Radhika Roy, a private company and others for allegedly causing a loss to ICICI bank. The loan was purportedly taken for a corporation named RRPR holdings Pvt ltd in 2008.

It is conducting raids at Roy’s residence in New Delhi, Dehra Dun and four other places. The television channel in its statement said that “This morning, the CBI stepped up the concerted harassment of NDTV and its promoters based on the same old endless false accusations.”

The premises of NDTV were not searched however the channel in its statement also said that it along with its promoters will fight untiringly against this “witch-hunt” by “multiple agencies”. The Enforcement Directorate(ED) and income tax (IT) authorities are probing NDTV since 2014

CBI officials searched the office of RRPR which is the promoter company of the English and Hindi news channels. RRPR is also being probed for funds it received from foreign entities in connection with Aircel-Maxis case and that of purchase of planes by Air India.

Roy had founded the TV network with Radhika Roy in 1988.

Telugu360 is always open for the best and bright journalists. If you are interested in full-time or freelance, email us at Krishna@telugu360.com.

News channels isolate BARC as Republic TV tops ratings

In its very first week Republic TV, launched by former Times Now editor Arnab Goswami, has topped the English news channel rankings. As per the Broadcast Audience Research Council (BARC) ratings Republic TV was the most-watched news channel in the country in its first week. News Broadcasters Association (NBA) pleaded BARC to postpone the release of data which the later preferred to overlook. Consequently, the leading English news channels decided to exit from BARC.

Republic TV registered 2.1million impressions followed by Times Now at 1.1.million. NDTV, India Today and CNN registered approximately 0.3 million impressions in the order. It is evident that other channels couldn’t withstand the Arnab’s storm. Reportedly NBA Secretary General Annie Joseph wrote to BARC CEO Partho Dasgupta that the move by BARC has serious implications and has “caused irreversible damage to India’s existing English news TV Channels”. She further alleged discrepancies in the stats on pan-India basis. Rivals are already accusing Republic TV of following unethical distribution practices and the channels is said to be registered under different genres.

Nonetheless Republic TV and Arnab are celebrating the success. Apparently, Arnab said, “The ratings reaffirm my faith that people watch what they find credible”. The channels which hoped Republic TV to be a small breeze did not anticipate it to be a storm, especially the kind of storm that rips you into pieces.

Telugu360 is always open for the best and bright journalists. If you are interested in full-time or freelance, email us at Krishna@telugu360.com.

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