NDTV plans to close down its English business news channel NDTV Profit from 5 June.
In a statement to the BSE, NDTV stated: NDTV has decided to transfer its business programming from Profit to regular business and finance segments on NDTV 24x7. This will mean suspending the current trading hours programming on Profit while Prime will continue as a channel.
The statement further read: NDTV does not rule out reviving a business channel when the circumstances were appropriate. "For now, there will be high quality business and finance segments on NDTV 24x7 which will enhance viewer experience on NDTV 24x7 during daytime trading hours,” the company stated added.
NDTV, in a separate earlier communique to the BSE, stated that it has approved sale of stake in NDTV Ethnic Retail held by units -- NDTV Lifestyle Holdings, NDTVConvergence, NDTV Worldwide.
In the note, it says: This is to inform you that the Board of Directors of the Company (NDTV), at its meeting held on 5 May, 201 7, inter-alia, considered and approved the following:
NDTV Profit to be shut down, to move business & finance segments on NDTV 24x7 | Indian Television Dot Com
In a statement to the BSE, NDTV stated: NDTV has decided to transfer its business programming from Profit to regular business and finance segments on NDTV 24x7. This will mean suspending the current trading hours programming on Profit while Prime will continue as a channel.
The statement further read: NDTV does not rule out reviving a business channel when the circumstances were appropriate. "For now, there will be high quality business and finance segments on NDTV 24x7 which will enhance viewer experience on NDTV 24x7 during daytime trading hours,” the company stated added.
NDTV, in a separate earlier communique to the BSE, stated that it has approved sale of stake in NDTV Ethnic Retail held by units -- NDTV Lifestyle Holdings, NDTVConvergence, NDTV Worldwide.
In the note, it says: This is to inform you that the Board of Directors of the Company (NDTV), at its meeting held on 5 May, 201 7, inter-alia, considered and approved the following:
NDTV Profit to be shut down, to move business & finance segments on NDTV 24x7 | Indian Television Dot Com
