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NTV

Next Generation Television, or NTV Telugu, is a 24-hour, Telugu news television channel, launched in the year 2007. In a crowded Telugu news television market, the newest channel, owned and operated by Rachana Television Private Limited (RTPL), a company owned by Tummala Narendra Choudary, P.P Reddy and Rameshwar Rao J. In 2015, the channel was blocked by cable TV operators for repeatedly running an alleged telephone conversation between Andhra Pradesh Chief Minister, Chandrababu Naidu with a Telengana Member of Legislative Assembly (MLA) in a legislator bribery bid. However, Naidu’s party, the Telugu Desam Party (TDP) had denied the allegation. RTPL also runs two more television channels called Bhakti TV – a religious channel, and Vanitha TV, which according to the channel, is India’s first women’s channel.

Key facts

Audience Share

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Ownership Type

Private

Geographic Coverage

National

Content Type

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Data Publicly Available

ownership data is easily available from other sources, e. g. public registries etc.

2 ♥

Media Companies / Groups

Rachana Television (RTPL)

Ownership

Ownership Structure

NTV is owned by Rachana Television Private Limited (RTPL). 58.74% share of Rachana Television private limited is held by T. Narendra Chowdary whereas his wife T. Rama Devi owns 4.48% share which jointly stands at 63.22% direct shares. N. Rachna Add Media holds 2.94% share of Rachana Television Private Limited. Husband wife duo holds 100% share of N. Rachna Add Media and through this company owns additional 2.94% share of Rachana television private limited. So, the total shareholding of T. Narendra Chowdary and his wife T. Rama Devi in Rachana Television Private Limited (RTPL) is 66.16%.

MEIL Holding Limited holds 22.84% share of Rachana Television Private Limited (RTPL). Megha Engineering and Infrastructures Limited hold 99.99% share of MEIL Holding Limited. P.P. Reddy and his nephew P.V. Krishna Reddy own 50.98% and 49% share respectively of Megha Engineering and Infrastructures Limited and through these companies P.P Reddy hold 11.64% share of Rachana Television Private Limited (RTPL) and Mr. P.V Krishna Reddy hold 11.19% share of the company.

JBM resorts private limited holds 11% share of Rachana Television Private Limited (RTPL). JBM resorts private limited is owned by Dr. Rameswar Rao J. family which holds 100% share of JBM resorts private limited. Share of this company is divided among 6 members of the family where J. Vinod, J. Ranjith Rao, J. Ramu Rao and J. Shyam Ram hold 19% shares each and Dr. Rameshwar Rao J. and J. Sri Kumari hold 12% share each. Thus Rameswar Rao J. family through JBM resorts private limited hold 11% share of Rachna Television Private Limited.

Voting Rights

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Individual Owner

Group / Individual Owner

Pitchi Reddy Pami Reddy

Pitchi Reddy Pami Reddy or P.P. Reddy is the Founder & Chairman of Megha Engineering Infrastructure Limited (MEIL). A farmers’s son, Reddy founded the company as Megha Engineering Enterprises in 1989 and in 2006 renamed it into Megha Engineering Infrastructure Limited. MEIL is active in infrastructure projects like dams, natural gas distribution networks, power plants and roads. In 2018, Reddy was ranked the 47th richest Indian with a net worth of $3.1 billion. Reddy is the Director of Manjali Agro Farms Private Limited, MEIL Green Power Limited, Megha Fibre Glass Industries Limited, POA Offshore Private Limited, MEIL Media Private Limited, among many others.

His nephew, Puritipati Venkatakrishna Reddy or P.V. Reddy joined P.P. Reddy in the company in 1991, and runs the company as the Managing Director today. P.V. Reddy is also a Director in many of the Company’s other businesses including MEIL Rusgaz Engineering Private Limited, MEIL Sai Rama Oil and Gas Private Limited, Western UP Power Transmission Company Limited, POA Offshore Private Limited among many others.

22.8%
Media Companies / Groups
Facts

General Information

Founding Year

2007

Affiliated Interests Founder

Tummala Narendra Choudary

is the Founder-Chairman of Rachana Television Private Limited, the company that owns the 24x7 Telugu news channel, NTV Telugu. Not much information is available about Choudary’s background, or the origins of the channel and the company. Choudary is a Director of a few companies including Rachana Publishers Private Limited, Srirachana Infra Developers Private Limited, Sunshine Infra Holdings Private Limited, N Rachana Add Media Private Limited, N School of Journalism Private Limited, NTV Sports and Entertainment Private Limited, E11Media Private Limited, NRachana Entertainment Private Limited.

Affiliated Interests Ceo

Tummala Narendra Choudary

is the Chairman of Rachana Television Private Limited. See above for more

Affiliated Interests Editor-In-Chief

Missing Data

Contact

Rachana Television Private Limited (RTPL)

Plot No.: 564-A-19,

Road No. 92, Jubli Hills,

Hyderabad, Telangana 500033

Website: www.ntvtelugu.com

Financial Information

Revenue (in Mill. $)

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Operating Profit (in Mill. $)

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Advertising (in % of total funding)

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Market Share

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Further Information

Meta Data

The television channel does not have a corporate website. The data related to shareholding pattern was taken from the filings available in the Ministry of Corporate Affairs website. MOM team sent an email on 19 March 2019 followed by a letter on 22 March 2019 to Rachana Television to confirm the data given in the document. The company has not responded yet.

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