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Narayana
Murthy, chairman and chief mentor, Infosys Technologies
Ltd, today inaugurated TV18 network''s Indiaearnings.com,
an editorial integration of CNBC''s live data on earnings
with balance sheets, press releases, P&L statements
for retail as well as institutional investors.
With
the launch of Indiaearnings, the earnings coverage on
the network will now be integrated under the India Earnings
umbrella. TV18 says, India Earnings will include pre-results,
results-day and post-results coverage, analysis, chats
with company managements and webcasts of investor conferences,
third party reference and reference material across TV18''s
various channels and online properties.
According
to Haresh Chawla, CEO, TV18 Group, "India Earnings
is by far the most extensive platform that any company
would get for its results coverage and also the single
largest platform, which reaches out to more than 40 million
affluent, interested Indians."
He
further adds, "Indiaearnings.com will be a one-stop
destination for all their investment needs as well as
the most credible platform for critical information on
company financials. The India Earnings umbrella will combine
the strengths of CNBC-TV18, CNBC Awaaz and moneycontrol.com
as well as CNBC Global Network to benefit professional
retail and institutional investors alike."
Indiaearnings.com
will allow restricted access to a selective set of institutional
investors in the country and access to the site is strictly
by invitation. To receive an invitation, one would have
to send an email to indiaearnings@moneycontrol.com.
CNBC-TV18
will showcase the earnings seasons of large cap and mid
cap companies. CNBC Awaaz will cover the earnings of midcap
and smallcap companies. Indiaearnings.com will touch upon
more than 500 companies to give investors all round earnings
coverage.
Elaborating
further, Ajay Chacko, head, marketing, CNBC-TV18 and CNBC
Awaaz, said, ''Through Indiaearnings.com, we will make
available detailed financial statements of numerous companies,
company background and information about the board of
directors. The site will also offer pre-result estimates.
Also on the anvil, are tools to compare results with peer
companies, CFO meets and comprehensive information about
the stocks; not the least of which are webcasts and audiocasts
of press conferences and brokerage conferences.''
Chacko
says, the new venture would "help us demonstrate
the power of the CNBC Universe platform and show a tangible
integration of different media offerings from a
CNBC TV18 to a Moneycontrol to TV18 mobile. It also helps
multiple communities
from retail investors to foreign institutional
investors and even company managements to have
a comprehensive platform for earnings information on companies."
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