At the recent 48th Annual General Meeting (AGM) of Reliance Industries Ltd, Chairman Mukesh Ambani highlighted significant advancements within Network18, the media arm of Reliance, as well as important milestones achieved by Moneycontrol, one of India’s leading business news platforms. The comprehensive address underscored the drive towards both domestic strength and international outreach, reflecting a broader strategy of global mindshare and digital innovation.
Key Announcements from the AGM
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Mukesh Ambani began by spotlighting Network18’s dynamic growth trajectory, emphasizing its pursuit of expanding beyond Indian borders to capture global mindshare, market share, and revenue.
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Network18 is leveraging its strong portfolio of news and current affairs channels, including CNN-News18 as India’s leading general news channel and CNBC-TV18 as the premier business news broadcaster for over two decades.
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Significant attention was given to Moneycontrol, which Ambani described as India’s largest business news and financial data platform.
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He noted that Moneycontrol’s success lies not only in its expansive reach but also in its rare achievement of converting readers into paying subscribers.
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With over one million paid subscribers, Moneycontrol is positioned alongside global giants such as The Wall Street Journal and The New York Times—a remarkable feat for an Indian digital platform.
Network18’s Global Push and Strategic Focus
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Reliance’s Network18 aims to bolster its presence globally by establishing new bureaus in key capital cities worldwide, thus expanding its journalistic footprint and relevance on a global scale.
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Firstpost, another digital news brand under Reliance, has gained immense traction as India’s “digital-first global view of the world.” In May 2025, it achieved over 400 million video views on YouTube alone, emerging as the most-watched Indian English news channel on the platform globally.
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Mukesh Ambani placed high strategic importance on maintaining journalistic credibility while innovating in content formats to engage modern audiences effectively.
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Network18 is poised to deliver premium content tailored specifically for decision-makers and corporate executives, enhancing value via channels like CNBC-TV18 Prime and CNBC-TV18 Access.
Moneycontrol’s Milestone and Subscription Success
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Moneycontrol has emerged as a leading platform for business news, financial markets data, and investment analytics, with a paid subscriber count exceeding one million—a rare achievement in the Indian media landscape.
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The success is attributed to the platform’s high-quality analytics, comprehensive market coverage, and user-centric premium offerings such as Moneycontrol Pro.
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Ambani’s remarks position Moneycontrol not just as a national leader but as a competitive global player among subscription-based news and data services.
Vision for the Future: Leadership in Journalism and Digital Media
Mukesh Ambani expressed strong confidence in Network18’s leadership team to carry forward the flag of Indian journalism worldwide. He underlined the importance of innovation and credible reporting as intrinsic to the company’s future success amid increasing competition and digitization in global media.
The broader vision extends beyond India’s borders, aiming for Network18 and its associated platforms to shape narratives, capture global audiences, and influence market dynamics internationally.
Source: Moneycontrol, News18
