Jain, who previously served as the Chief Executive Officer of Bennett, Coleman & Co. Ltd (The Times Group), comes with extensive experience spanning various sectors. He has held significant positions, including CEO of Walmart India and Managing Director and CEO of Whirlpool India, which adds to his diverse expertise in both media and consumer business.
“We are thrilled to welcome Raj Jain to the Board of Network18 as an Independent Director. Raj offers a unique blend of media and consumer leadership, having successfully led Bennett, Coleman & Co. Ltd. (The Times Group) and built Walmart India’s operations from scratch. With extensive leadership experience across multiple sectors, Raj’s profound insights into scale, transformation, and corporate governance will provide substantial value as we work to fortify our businesses and promote long-term growth,” expressed Adil Zainulbhai, Chairman of Network18.
This appointment aligns with Network18’s commitment to enhancing integrated news and content delivery across television, digital, and regional platforms, while also venturing into new formats inspired by creators and innovative technologies.
“I’m excited to join the Network18 board during a transformative era where technology is redefining audience interaction with content across platforms. Network18’s robust media-tech capabilities and its leadership in developing multi-platform brands across TV, digital, and the creator ecosystem uniquely equip it to achieve scale, growth, and richer viewer connections. I am eager to collaborate with the board and leadership team to foster continued growth in an increasingly interconnected media environment,” stated Raj Jain.
Network18’s television news channels, including CNN-News18, News18 India, and various regional channels, maintain their leadership positions in the market. Additionally, its business news channels, such as CNBC-TV18 and CNBC AWAAZ, consistently lead in their respective categories. The company also excels in the digital space, with both Moneycontrol.com and news18.com ranked among the top leaders in their segments, according to Comscore data.
