India Today
India Today is the television channel from the TV Today Network, a subsidiary of Living Media India Ltd. The channel was initially called Headlines Today.TV Today Network is owned by Living Media India Ltd and World Media Pvt. Ltd. World Media Pvt Ltd is a company in which the shareholders are the members of the Aroon Purie family. The channel was declared the Best English News Channel of the Year at the 11th Exchange4Media News Broadcasting Awards (ENBA), in February 2019. The channel’s anchor Rahul Kanwal was awarded the best anchor and Shiv Aroor, was adjudged the best reporter – English at the same awards ceremony.
Audience Share
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Ownership Type
Private
Geographic Coverage
National
Content Type
Paid
Media Companies / Groups
India Today Group
Ownership Structure
India Today news channel is owned by TV Today Network Ltd (Listed in National Stock Exchange and Bombay Stock Exchange) which is a subsidiary of Living Media India Ltd. Living Media India holds 56.92% stake in TV Today Network Ltd, Aroon Purie holds 0.49% stake, the remaining 42.58% shares are owned by public.
The shareholders of Living Media India Limited are the World Media private Limited (48.15%), IGH holding Private Limited (41.50%) and Aroon Purie and family (10.35%). Purie family through Living Media India Limited holds 5.94% share of TV Today Network Ltd.
100% share of World Media Private Limited is owned by Puri Family: Aroon Purie (52.97%) his wife Mrs. Rekha Purie (24.17%), Mrs. Kalli Purie, daughter of Aroon Purie (7.62%), Ms. Koel Purie the daughter of Aroon Purie (7.62%) and Mr. Ankoor Purie the son of Aroon Puri (7.63%) and through this company Purie family owns 27.4% of TV Today Network Ltd of which Aroon Purie (14.32%), Rekha Purie (6.53%), Mrs. Kalli Purie (2.04%), Ms. Koel Purie (2.04%) and Mr. Ankoor Purie, the son of Aroon Purie (2.06%). So, the total the stake of Aroon Purie and family in TV Today Network Ltd is 33.83%.
100% share of IGH holding Private Limited is owned by Essel Mining and Industries Limited. Shares of Essel Mining and Industries Limited is split between 12 companies: Manav Investment and Trading Co. Ltd (10.19%), Gwalior Finance Corporation Ltd. (2.03%), Central India Industries Ltd (2.03%), Rameshwara Jute Mills Ltd (0.77%), Bharat Arogya and Gyan Mandir (1.46%), Birla Holdings Pvt Ltd (3.75%), Umang Commercial Company Pvt. Ltd (12.00%), Meenakshi Steel Industries (2.89%), Mansoon Trading Co. Ltd (3.08%), Jatayu Textiles and Industries Ltd (2.89%), TGS Investments and Trade Pvt Ltd (12.65%), Surya Abha Investments Pvt Ltd (Singapore) 44.30% and 3 Individuals Kumar Mangalam Birla (0.96%), Rajshree Birla (0.45%), Neerja Birla (0.50%).
Shareholding of all the above-mentioned companies are very complex and majority of the share of those companies are owned by other companies. However, we have noticed a pattern where members of Kumar Mangalam Birla family own some percentage of stake in all those companies. Moreover, we have been able to calculate 8% share of Birla family in TV Today Network Ltd but it can be inferred that the family owns indirectly all of the shares of IGH Holding Private Limited.
Hence, it can be concluded that the shares of TV Today Network Ltd is owned by Aroon Purie and family (33.79%) through multiple companies, the Public (42.58%) and Kumar Mangalam Birla family (8% [traceble]). As mentioned above 15.62% shares are possibly owned by the Birla Family.
Voting Rights
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Individual Owner
Group / Individual Owner
Public
Public Shareholding in TV Today Network Ltd is 42.58%, (of which Institutional Holding is 15.48%, Corporate Bodies is 5.03%, Individual shareholders (less than INR 100.000) is 11.25%, Individual shareholders (excess of INR 100.000 is 8.02%, and Non Resident Indians is 2.75%).
General Information
Founding Year
1995
Affiliated Interests Founder
is the Chairperson of the India Today Group and a third major stakeholder in Living Media India Pvt. Ltd. He is the Editor-in- chief of the Group and the Chairman of Living Media India Pvt. Ltd. He also serves as the Chairman and Whole Time Director of TV Today Network – a Living Media India subsidiary that owns and operates television channels like India Today, Aaj Tak, Tez and Delhi Aaj Tak apart from FM radio 104.8 Ishq, and a slew of niche digital channels under the banner MobileTak. Aroon Purie’s daughters Kalli Purie Bhandal and Koel Purie Rinchet help him in running various businesses of the group. Aroon Purie is an alumnus of the London School of Economics and a Fellow of The Institute of Chartered Accountant, England and Wales. He was awarded the third highest civilian award by the Government of India – the Padma Bhushan, in the year 2001.
Affiliated Interests Ceo
is the Chairperson of India Today Group. See above for more.
Affiliated Interests Editor-In-Chief
is the Editor-in-Chief of the Group. See above for more.
Affiliated Interests other important people
is one of the popular faces on Indian news television, especially in English. Sardesai was earlier the Managing Editor of NDTV Network. Later, as the Founding Editor, Sardesai set up the IBN 18 Network with channels like CNN IBN. Rajdeep Sardesai is the Consulting Editor of the India Today Group and anchors prime time shows on India Today TV. Sardesai is a much-awarded journalist including India's civilain award, Padma Shree for journalism in 2008, the International Broadcasters Award for the coverage of the 2002 communal riots in the Western Indian state of Gujarat. Awarded the "News Anchor of the Year" at the Indian Television Academy for eight of the last ten years. He has completed his Masters and LLB from Oxford University. He is an Economics Graduate from St. Xavier's College in Mumbai (Formerly Bombay).
Contact
India Today Group Mediaplex
FC-8, Sector- 16A, Film City
Noida- 201301. Uttar Pradesh.
Tel.: 0120-4807100
Fax: 0120-4325028
Email: info@aajtak.com
Website: aajtak.intoday.in
Registered Office: K Block, Connaught Circus, New Delhi 110001
Financial Information
Revenue (in Mill. $)
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Operating Profit (in Mill. $)
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Advertising (in % of total funding)
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Market Share
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Further Information
Meta Data
Since India Today TV is an outlet of TV Today Network, a listed subsidiary of Living Media Inda, most of the data is available in its Annual Report 2017-18. Data on the Board of Directors is available on its website. The financials of the two main individual channels - India Today and Aaj Tak, however, are not available separately and are available only as a composite figure in their Annual Report. An information request was sent to the company by email on 10 January and by courier on 1 February 2019. The company has not responded yet.
