September 27, 2016 8:44 PM ET

Media

Company Overview of INX News Pvt. Ltd.

Company Overview

INX News Pvt., Ltd. owns and operates news and entertainment channels in India. It operates NewsX, an English news channel that features news and articles covering various categories, such as world, nation, lifestyle, science, technology, and sports. INX News also operates 9X, a Hindi general entertainment channel; and 9XM, a Hindi music entertainment channel for youth. The company was incorporated in 2006 and is based in Noida, India. As of July 16, 2012, INX News Pvt. Ltd. operates as a subsidiary of Information TV Pvt. Ltd.

B-4, Sector-3

Noida,  201 301

India

Founded in 2006

Phone:

91 12 0660 1999

Fax:

91 12 0660 1989

Key Executives for INX News Pvt. Ltd.

Chief Executive Officer
President
Founder and Chairman
Compensation as of Fiscal Year 2016.

INX News Pvt. Ltd. Key Developments

NewsX Appoints Hector Kenneth Kumar as Managing Editor

NewsX has augmented its leadership with a key appointment. The channel has lined up aggressive growth plans and the addition of the new leader is in-line with these plans. Hector Kenneth Kumar has been entrusted with the role of Managing Editor - NewsX. In his new role, Kumar shall be responsible for managing day-to-day newsroom operations and strengthening newsgathering processes. His rich experience in output, input, broadcast operations and editorial strategy shall provide leadership insight to NewsX Editorial Team. Worked briefly as an engineer before venturing into mainstream media. Hector was a core team member of Times Nowlaunch team. His contributions took the editorial function of the channel to new heights as he is skilled in aligning business goals with news strategy of the organization.

Honey Sky Vision's Petition against INX News Dismisses

The Telecom Disputes Settlement and Appellate Tribunal has dismissed a petition by Honey Sky Vision wanting a decree against INX News for certain payments. Honey Sky Vision had filed for issuance of order/decree in its favour and against INX News for an amount of INR 2,359,560 as the alleged outstanding amount due in lieu of placement of channel News X on its network. Additionally an order awarding interest at the rate of 18% in favour of the petitioner had also been sought. The case of the Honey Sky Vision is that the INX News had entered into an agreement with it for placement of its channel News X on the petitioner's network. The agreement was for the period 28 September 2011 to 27 September 2012 and for a consideration of INR 2.1 million per annum plus service tax as payable. The MSO claimed it complied with all its obligations; carried/placed News X at desired frequency/band to the complete satisfaction of the respondent whose representatives/officials regularly visited the networks/units of the petitioner in various areas of Delhi. The petitioner also claims to have raised/provided monthly invoices to the respondent for placement of its channel. However, INX News completely denied all allegations made by the petitioner including execution of any placement agreement between the parties. The MSO produced copy of a placement agreement which only bore its representative's signature and not those of INX News. The MSO also failed to produce the invoices it claimed to have raised.

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