SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

ZEE and TV Today in race to buy NDTV Profit: Report

23 Oct 2012 Evaluate

Essel Group firm Zee Entertainment Enterprises (ZEE) along with TV Today Network is reportedly in a race to purchase New Delhi Television’s business news channel NDTV Profit. The NDTV Profit’s discussions with TV Today and Zee are in the initial stages. ZEE and TV do not have a presence in the English business news space, so acquisition of NDTV Profit will mark their entry into English business news industry.

This sell-off will take four to six months, as NDTV is waiting for the completion of the second phase of digitization, which will reduce the carriage fees and help them get a better valuation. Carriage fee is the cost paid by a pay television platform operator to a channel in order to carry that channel for its subscribers. Three firms, including Ernst and Young, have been given the investment banking and advisory mandate for the deal.

Zee Entertainment Share Price

81.06 0.85 (1.06%)
17-Apr-2026 16:59 View Price Chart
Peers

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×