New Delhi:
New Delhi Television Limited’s (NDTV) business news channel NDTV Profit is going to resume regular operations once again. NDTV Profit ceased operations on 1 June 2017. Now after 6 years, this channel will go live again from 8 December 2023.
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The Board of Directors of the company has approved the regular operation of NDTV Profit Channel. The company disclosed this to the stock markets on Tuesday (November 28).
Shares of NDTV saw a surge on Tuesday after this news. By the time the market closed, NDTV’s share price on the National Stock Exchange had risen by over 12%. At the same time, NDTV’s share price rose by over 11.5% on the Bombay Stock Exchange.
Analysts and investors are appreciating the big comeback of NDTV profit channel. Currently only 3 dedicated business channels are operational.
In the era of digitalization and progress in the Indian economy, this channel is a good step to expand the reach of business and economic news.