Whether you are a fan of RepublicTV or not, you can’t deny the fact that it is a worthy broadcaster. The company has a great team, and its news coverage is not only fair but also accurate. It has great coverage of national and international events. It has also made its mark by providing a variety of entertainment programs. It is also worth noting that the network’s CEO Arnab Goswami has repurchased his shares.
Editor-in-chief
BJP has termed Arnab Goswami’s arrest as “a black day for Indian journalism”. A senior journalist and editor, Goswami is a renowned anchor who has won ENBA Awards for Excellence in Journalism and Ramnath Goenka Award for Excellence in Journalism. He is also the first Indian journalist to interview Prime Minister Narendra Modi. He is also the founder of Republic TV.
Goswami’s arrest comes at a time when Indian media is being subjected to intense scrutiny. The country has been divided on ideological lines. Several Union ministers have spoken out against Goswami’s arrest. They have called for the government to stop the “abuse of power” against Goswami.
Net worth
Managing director of the Indian news channel Republic TV, Arnab Goswami is known for his aggressive journalism. He is also the founder and editor-in-chief of the Republic Media Network. He co-founded the news channel with Rajeev Chandrasekhar.
Goswami has a total net worth of approximately US $36 million. His assets include a home in Mumbai, Maharastra and two car collections. The home is worth around 19 crore Indian rupees, while the car collections are valued at 2.4 crore Indian rupees.
Arnab Goswami is a popular television news anchor in India. He has been the host of live debate show “The Debate With Arnab Goswami” and has also hosted special television programs like “Nation Wants to Know” and “Frankly Speaking With Arnab”. The show has a large fan following.
First news break
Earlier this year, Republic TV made a splash by unveiling its first news break. And while the channel was a latecomer to the party, it didn’t take long to prove that it was the big dog in the genre. This newsworthy occasion was a milestone in itself and the fact that it was accompanied by a grand prize of one lakh rupees for a televised news event made it even more special.
It also helped that it was supported by a number of stalwarts. From the likes of Venkaiah Naidu and Rahul Gandhi to Amit Shah and Vijay Mallya, Republic TV’s first news break was nothing short of epic.
Repurchase of shares by Arnab Goswami
Managing Director of Republic TV Arnab Goswami is buying back shares from investors. He is also taking over the editing of the news channel, thereby regaining control over the channel.
Arnab Goswami bought a number of shares from Asianet News Media & Entertainment Private Limited. He bought a fraction of shares from the company. He also bought a number of shares from Naveen Sangari, Piya Rao, and Pavan Bhatia. These individuals purchased shares worth Rs 54 lakh, Rs 20 crore, and Rs 10 crore, respectively.
Mumbai police affidavits
During last five months, Mumbai Police has been making an offensive campaign against critics of the Narendra Modi-Amit Shah regime at the Centre. In addition to Republic TV, several other media channels are also being investigated. Despite these, no one has claimed that they were involved in any malfide intent.
A petition is filed in the Apex Court to quash the probe by the Mumbai Police on Republic TV. The petitioners believe that the police will use its power to silence news reporting. They want to initiate disciplinary proceedings against commissioner Param Bir Singh, who is in charge of the Crime Branch.
