en.wikipedia.org/wiki/Prannoy_Roy
4 corrections found
New Delhi Television Ltd (NDTV) was founded in 1984 as a production firm for international news broadcasters and the public service broadcaster Doordarshan.
NDTV’s own corporate materials date the company to 1988, not 1984. One annual report says it was incorporated on September 8, 1988, and the founders themselves said they started NDTV in 1988.
Full reasoning
This sentence gives the wrong founding year for NDTV.
NDTV's own records contradict 1984:
- NDTV's FY 2006–07 annual report says "New Delhi Television Limited 'the Company' was incorporated under the laws of India on September 8, 1988."
- In a later public statement, Radhika and Prannoy Roy said "We started NDTV in 1988."
- NDTV's 2025–26 annual report also describes the company as "Founded in 1988."
So 1984 may refer to Prannoy Roy's earlier television/election-analysis work, but it is not the correct founding year for NDTV itself.
3 sources
- NDTV Annual Report FY 2006-07
New Delhi Television Limited “the Company” was incorporated under the laws of India on September 8, 1988.
- Statement Of Radhika And Prannoy Roy, NDTV Founders
We started NDTV in 1988 in the belief that journalism in India was world-class but needed a strong and effective broadcast platform that would allow it to grow and shine.
- NDTV Annual Report 2025-26
Founded in 1988, NDTV has grown into one of India’s most respected ...
He then became a certified chartered accountant and a fellow of the Institute of Chartered Accountants in England and Wales in 1975.
The ‘fellow … in 1975’ part is wrong. ICAEW says fellowship requires 10 years of continuous membership, so someone qualifying in 1975 could not also have become an ICAEW fellow that same year.
Full reasoning
This sentence overstates Roy's ICAEW status for the year 1975.
ICAEW's official membership rules say fellowship is not immediate: an associate member can become a fellow only after 10 years of continuous membership. That means someone who qualified in 1975 could not also have become an ICAEW fellow in 1975.
Independent official/corporate biographies of Prannoy Roy also describe him more simply as a "Qualified Chartered Accountant from London", not as having become an ICAEW fellow in 1975.
So the correct point is that Roy qualified as a chartered accountant in 1975; the claim that he became an ICAEW fellow that same year is incompatible with ICAEW's own fellowship rules.
3 sources
- Become a fellow | ICAEW
After 10 years of being an associate member of ICAEW you can apply for fellowship at no extra cost.
- Advancement to fellowship regulations | ICAEW
An Associate may become a Fellow of ICAEW ... provided such Associate has been a member for a continuous period of not less than ten years.
- SEBI takeover document for NDTV
Dr Prannoy Roy ... has a Doctorate in Economics from the Delhi School of Economics and Bachelors in Economics from the Queens Mary College, London University and also is a Qualified Chartered Accountant from London.
The first televised coverage of an election result in India was produced by NDTV for the 1989 Indian general election.
Election results were shown on Indian television before 1989. NDTV itself has published that Doordarshan first shared election results on TV in 1971, and an India Today report discusses viewers watching election results on Doordarshan in 1977.
Full reasoning
This claim is too late by many years.
NDTV's own 2024 retrospective on Doordarshan election coverage says 1971 was the year when election results were first shared on television in India. A contemporaneous India Today report from 1977 likewise refers to viewers switching on their sets for election results that evening, which also shows televised result coverage existed before 1989.
So NDTV's 1989 production may have been an important or pioneering format for modern election analysis, but it was not the first televised coverage of an election result in India.
2 sources
- 1971 का वो चुनाव भी दिलचस्प था, जब दूरदर्शन पर लोगों ने पहली बार देखे थे चुनावी नतीजे
1971 का वह साल था जब दूरदर्शन पर पहली बार चुनावों के नतीजे साझा किए गए.
- AIR, Doordarshan deliberatly play down Janata win, continue to play Congress tune
As the listener and the viewer switched on their sets for the promised first election results at 5 p.m., they realized that the two media were merely playing for time ...
₹27 crore (US$2.8 million)
The dollar conversion is off. ₹27 crore was about US$3.6 million in 2020 at RBI’s average 2020 USD/INR rate, not US$2.8 million.
Full reasoning
The rupee amount and the dollar amount do not match.
- ₹27 crore = ₹270,000,000.
- The Reserve Bank of India's Handbook of Statistics on Indian Economy gives the 2020 annual average exchange rate as ₹74.0996 per US$1.
- At that rate, ₹270,000,000 converts to about US$3.64 million.
Even using the end-2020 exchange rate (about ₹73.07 per US$1), the amount is about US$3.69 million. So US$2.8 million is not a correct conversion for ₹27 crore in December 2020.
3 sources
- RBI Handbook of Statistics on Indian Economy - Table 138
2020 ... US Dollar ... 74.0996 (₹ per unit of foreign currency).
- NDTV promoters to appeal against Sebi order imposing fine of Rs 27 crore
Markets regulator Securities and Exchange Board of India (Sebi) on Thursday imposed a penalty of Rs 27 crore on New Delhi Television's (NDTV) promoters- Prannoy Roy, Radhika Roy and RRPR Holding.
- SEBI | Order in the matter of New Delhi Television Limited - Mr. Prannoy Roy and Mrs. Radhika Roy
Order in the matter of New Delhi Television Limited - Mr. Prannoy Roy and Mrs. Radhika Roy. Nov 27, 2020.