Times Now
Times Now is an English news television channel, which operates its business through The Times Network, television division of Bennett Coleman & Company Limited. The channel was launched in 2006 in partnership with the Reuters. ET Now and Mirror Now are its sister news channels.
The channel has been in the top three in terms of viewership since its launch. Times Now is known for its flagship shows like “Urban Debate” “NewsHour”, “India Upfront” etc.
The Bennett Coleman and Company Limited is more than 100 years old. The company is also popularly known as The Times Group and it’s one of India’s largest media conglomerates. Times Group is owned by the Jain Family. The company also publishes The Times of India, one of the oldest English language newspapers in the country.
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Private
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National
Content Type
Paid
Media Companies / Groups
The Times Group
Ownership Structure
Times Now channel is controlled by Bennett Broadcasting and Distribution Services Limited and Times Internet Limited holds 99.9% of shares in Bennett Broadcasting and Distribution Services Limited shares. Shares of Times Internet Limited are divided between Bennett Coleman and Company Limited (88.8%), Samir Jain (3.31%), Vineet Jain (3.33%) and Meera Jain (0.02%). The remaining 4.52% shares are split among Sanmati Properties Limited (0.44%), Bharat Nidhi Limited (1.11%), PNB Finance and Industries Limited (0.42%), Camac Commercial Company Limited (0,60%), Arth Udyog Limited (0.42%), TM Investment Limited (0.27%), Ashoka Viniyoga Limited (0.82%), Jacaranda Corportate Service Limited (0.40%).
55.6% total shares of the Bennett Coleman and Company Limited is owned by Bharti Nidhi Limited (24.40%), Camca Commercial Company Limited (13.20) and Ashoka Viniyoga Limited (18%). Through these 3 companies Jain family owns 36.14 % of shares in Bennett Coleman and Company Limited.
28.2% total shares of the Bennett Coleman and Company Limited is owned by PNB Finance & Industries Limited (9.20%), Sanmati Properties Limited (9.70%) and Arth Udyog Limited (9.30%). Through these 3 companies Jain family owns 23.13% of shares in Bennett Coleman and Company Limited.
Similarly, 14.8 % total shares of the Bennett Coleman and Company Limited is owned by Jarcanda Corporate Limited (8.90%) and TM Investment Limited (5.90%). Through these 2 companies Jain family owns directly 6.40% of shares in Bennett Coleman and Company Limited.
Jain family also have direct shares in Bennett Coleman and Company Limited of 1.02%.
Vineet Jain through other subsidiaries hold 12.76% share in Bennett Coleman and Company Limited independently, whereas Samir Jain through other subsidiaries hold 6.27% share and Meera Jain through other subsidiaries hold 0.57% share in Bennett Coleman and Company Limited.
Hence Jain Family owns 86.17% of Bennett Coleman and Company Limited through varies subsidiaries: Sanmati Properties Limited, Bharti Nidhi Limited, Camca Commercial Company Limited, Ashoka Viniyoga Limited, Arth Udyog, PNB Finance & Industries Limited, Jarcanda Corporate Services Limited and TM Investment Limited.
These companies also hold shares in each other, and Jain family is the sole beneficiary of all these companies.
Moreover, the shareholding of Bennett Coleman and Company Limited is very complex and there is heavy cross shareholding, therefore it can be infered that the remaining 13.88% share of the company is also owned by the Jain Family.
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General Information
Founding Year
2006
Affiliated Interests Founder
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Affiliated Interests Ceo
is the Managing Director of The Times Network that owns and operates Times Now, the English news television channel. Earlier, he was the Managing Director at Disney and ESPN Media Networks. He has also served as the CEO of UTV Broadcasting. Anand MK has a degree of Bachelor of Science in Zoology, Master of Science in Fisheries Management and MBA degree in Human Resources.
Affiliated Interests Editor-In-Chief
is presently working as Editor-in-Chief for Times Now news channel. He has earlier served as Editor-in-chief at NewsX and as Executive Editor at Headlines Today (now called India Today TV, a part of TV Today Network). In addition, he also worked for the The Times of India.
Affiliated Interests other important people
Chairwoman of BCCL, the mother of Samir Jain, the Vice Chairman and Managing Director of BCCL.
the Vice Chairman and Managing Director of BCCL, the son of Chairwoman, Indu Jain
the wife of Samir Jain, the Vice Chairman and Managing Director of BCCL.
the daughter of Meera and Samir Jain, the Vice Chairman and Managing Director of BCCL. She is an artist and an author of children’s’ books. She is on the board of a non-profit organization The Girl Effect. She runs a project called Thank Joy and co-founded Gather Conversations.
the managing director of the Bennett Coleman and Company Limited, the brother of Samir Jain and the son of Indu Jain. He serves as the Director of various companies such as Bennett Coleman and Company Limited, The Press Trust of India Limited, Entertainment Network (India) Limited, Optimal Media Solutions Limited, Vinabella Media and Entertainment Private Limited, Times Global Broadcasting Company Limited, Azzshopping Limited, Times Websol Limited, Times Mobile Limited, Times Infotainment Media Limited, Times of India Org, Zoom Entertainment Network Limited, Credence Trusteeship Company Private Lmited, Times Centre for Media Studies and SP Jain Foundation. He is the Chairman of the Press Trust of India Limited.
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Further Information
Meta Data
Bennett Coleman and Company Limited is an unlisted company. The company doesn’t publish an annual report. There is no information of the company’s financial statement. Also, there is no information about the company’s management structure. The company website https://www.timesgroup.com/ has not been working since the beginning of the MOM team’s investigation (December 2018). More than 55 websites belong to Bennett Coleman and Company Limited and not a single website has information related to management and financial information. We also have requested the company on 18 January 2019 to provide the information and are still waiting for a response.
