Formerly known as Network 18 Fincap Private Ltd. The Group’s principal activity is to make strategic/financial statements in media and other business.
It is India’s play media conglomerates with interests in television, print, Internet, filmed entertainment, mobile content and allied businesses.
The Group operates two business news television channels CNBC-TV18 and CNBC Awaaz.
Network18 operates in the general news and entertainment space with leading general news channels CNN-IBN and IBN7.
Premium Entertainment channel, “ Colors”, “MTV”, “Nick”, “Vh1”.
Full spectrum and film production and services operation , “The Indian Film Company”.
Full Spectrum events management venture E-18 “and Sports Management and Marketing Division “Sport 18”
Financials of the company:
Rs. in lakhs
Year ended
Year ended March 31, 2008
Year Ended March 31,2007
Profit/ (Loss) before interest and description
1,636.58
480.44
Interest
951.90
359.03
Depreciation
405.10
240.61
Net operating profit before tax
279.57
(119.20)
Provision for taxes/deferred taxes
236.60
18.36
Extraordinary item
NIL
NIL
Net profit/ (loss) after tax
16.91
(149.72)
Fixed Deposit Schemes
Cummulative Scheme
Period
Minimum Amount (Rs)
Rate of Interest (%p.a)**
Amount payable on maturity(Rs)
Yield**
1 yr
10000
12%
11255
12.55
2 yrs
10000
12%
12668
13.34
3 yrs
10000
12%
14258
14.19
Non Cummulative Scheme
Period
Minimum Amount(Rs)
Rate of Interest (%p.a)*
6 months
Rs. 10000
9
1 year
Rs. 10000
12
2 years
Rs. 10000
12
3 years
Rs. 10000
12
*Interest will be paid quarterly on 31st March, 30th June, 30th September, and 31st December each year and is calculated on 365 days basis.
** Interest is compounded quarterly.
Deposits shall be for a minimum of Rs 10000 and in multiples of Rs 1000 thereafter.
An additional interest of .50% p.a shall be given to the following categories: (a) Employees of the Network 18 group (b) Senior Citizens above the age of 60 years. Rating: ICRA Rating “ MA-” ( pronounced as MA minus) Who can deposit: Resident Individuals, Trusts HUF’s
I do have applied for fix deposit in Network 18 Media scheme on 05-02-2010. Till date I have not received the document. Please let me know the status? I am worried .
IBN 18 Broadcast Ltd. has started taking fixed deposits for 1 , 2 and 3 years, rate of interest is 12% (quarterly compounding). Rs. 10000 will become 14258 in 3 years. 0.50% extra for sr. citizen (age > 60).
At that time Network 18 has received overhelming response for its FD. normally in terms & condition it is written that FDs Receipts will dispatch wiht 6 to 8 weeks. company has delivered FD Receipts to all its investors.
Send me my address fix deposet form terms ,condition,periode wise persentage.My add. is 2-someswar park, b/h balaji society,nanakhumbnath road,NADIAD-387001,Dist;kheda,gujarat,india.
I am intrested to invest in Network 18 Fixed Deposit Scheme for 3 years kindly suggest me how can invest & where I get F.D. form & where to I submit,kindly send me all details.
I do have applied for fix deposit in Network 18 Media scheme on 05-02-2010. Till date I have not received the document. Please let me know the status?
I do have applied for fix deposit in Network 18 Media scheme on 05-02-2010. Till date I have not received the document. Please let me know the status? I am worried .
dear ibn
I would like to deposit some amt in your organisation kindly provide me the right contact person at the earliest.
IBN 18 Broadcast Ltd. has started taking fixed deposits for 1 , 2 and 3 years, rate of interest is 12% (quarterly compounding). Rs. 10000 will become 14258 in 3 years. 0.50% extra for sr. citizen (age > 60).
you can contact us : Onyx Wealth Solutions Pvt. Ltd,
Mobile 9896155000, email : onyxwealthsolutions@gmail.com
Why have Mr J B Bajpai not received his documents . It really makes the deposit scheme doubtful?
At that time Network 18 has received overhelming response for its FD. normally in terms & condition it is written that FDs Receipts will dispatch wiht 6 to 8 weeks. company has delivered FD Receipts to all its investors.
Send me my address fix deposet form terms ,condition,periode wise persentage.My add. is 2-someswar park, b/h balaji society,nanakhumbnath road,NADIAD-387001,Dist;kheda,gujarat,india.
three years deposit of rs.1lac
I am intrested to invest in Network 18 Fixed Deposit Scheme for 3 years kindly suggest me how can invest & where I get F.D. form & where to I submit,kindly send me all details.
what is the website to check the authentication of this scheme?