Adani’s NDTV announces ‘higher-than-industry average’ salary increase

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Adani’s NDTV announces ‘higher-than-industry average’ salary increase


The elevate has been effected simply six months after New Delhi Television Ltd. (NDTV) turned part of the Adani group.
| Photo Credit: ADNAN ABIDI

Adani group-owned media agency NDTV Ltd. on Saturday introduced a salary increase throughout all community verticals after going via a rigorous and clear appraisal course of.

The ‘overall salary increase is 11.50%,’ which is considerably greater than the trade common”, in line with an announcement from NDTV.

The elevate has been effected simply six months after New Delhi Television Ltd. (NDTV) turned part of the Adani group, it added.

“The attention was on performance-linked merit appraisals, consistent with industry-best practices designed to ensure that our employees are recognised and compensated based on their performance, promoting an organisation-wide culture of fairness,” stated NDTV.

A particular focus within the course of was on youthful workers, their compensation progress and charting a profession path, it added.

“As the media industry undergoes a significant transformation with technological advancements, changing consumer preferences and viewership diversification, NDTV reiterates its commitment to remain at the cutting edge of these transformational changes, innovation and leveraging our expertise to provide our viewers with world-class programming,” it stated.

Executive Director Senthil Chengalvarayan stated because the NDTV Group embarks on the following section of progress, “it is our talented team that will be leading the way”.

“They are the primary force behind the success of NDTV and we are happy to recognise their hard work and commitment with this year’s raises. Our aggressive expansion plan, which includes the introduction of regional language platforms and further inroads in digital, will present new opportunities for growth as well as new responsibilities,” he stated.

Earlier in May this yr, NDTV had introduced its plans to introduce 9 information channels in numerous Indian languages in phases and its board has permitted a proposal to hunt the permission of the Ministry of Information & Broadcasting for this.

Last yr in December, Adani group had gained full management of stories broadcaster NDTV after it acquired a lot of the stake of founders, Prannoy Roy and Radhika Roy, at a premium of just about 17% over the speed it paid to minority shareholders of the agency.

The Adani Group holds over 64% of NDTV.



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