Moneycontrol.com Ab Hindi Mein!

Think profits in your home language

Mumbai, Maharashtra, May 4, 2010 /India PRwire/ -- The long wait for a complete financial portal in the language of millions of Indians is over. Moneycontrol.com, India's No. 1 financial portal, helping investors in India and abroad to steadily enhance their wealth over the last decade is now available in Hindi. The launch of www.hindimoneycontrol.com was announced by Shri Joyson Tomas, COO, moneycontrol.com, at a press conference in Jaipur today - one of the biggest markets for Hindi speaking investors.

The Indian Stock market is today one of the most valued stock markets in the world and has helped to transform the wealth of Indian citizens by giving them the benefit of an additional investment growth avenue at a lower investment cost compared to other traditional investment channels such as property, gold etc. With the Indian economy on a rapid growth track, huge investments are being made by investors from everywhere including central India where Hindi is a widely spoken language at home and in business. Therefore it is important that investors are given the convenience of a valued source in Hindi for sound investment advice.

Through a live demonstration of the incredibly comprehensive, fast, easy and user friendly interface, Shri Thomas thoroughly explained some of the essential features of www.hindimoneycontrol.com that users will benefit from, such as in- depth news, real time stocks dates, analyses and financial investment forums. Its wide range of tools, applications and features are designed to give the retail investor all the necessary ammunition to control and manage finances and investments efficiently.

As said by Shri Joyson Thomas, COO moneycontrol.com, "For 10 years, moneycontrol.com (English) has been a pioneer in delivering expert financial information. Using high speed technology , the site has been providing investors a valuable tool to manage their wealth better and a platform for news & views and much more. However, there is a huge audience of over 300 million investors that can benefit from the comfort of accessing crucial financial news & information in Hindi, which is why we have launched hindimoneycontrol.com. As always, Investors can look forward to much more from us in the days ahead."

Key Powerful Finance Strengthening tools of www.hindimoneycontrol.com

  • Personal Finance Tools:
    • Investment Portfolio: Most essential to all, this provides relevant news/data and real- time stock updates to keep accurate stock of your investment portfolio, minute by minute. Over 1.2 million people are already using this in English everyday
    • Watchlist: This tool enables investors to closely monitor their specified stocks on a real-time basis which is very useful in making quick, educated decisions
    • MF Meter and Advisory: A mutual fund analysis tool to plan, select and manage mutual funds investments. This section contains in depth information on all available mutual funds, key advantages, available options etc
  • Interactive / Community Features:
    • Moneycontrol Mera TV (MCTV): A revolutionary product that lets you watch TV live from your computer desktop! 'TV on Demand' programming lets users control and watch business shows anytime and from anywhere. MCTV Specials, on-demand sponsored shows, will also be streamed on www.hindimoneycontrol.com. Users can also customize the ticker tape to reflect only stocks of their interest!
    • Polls / Debates / Chats: Opportunity to interact with market experts and fund managers online via live chats etc organized every month on the site
    • Games and Contests: Increased user engagement and interactivity via periodic contests and exciting online financial games. MoneyBhai is an online stock market simulation game that lets users practice their skills in investing with virtual money
    • Message Board: A highly interactive platform for the investor community with over 4,000 messages posted daily. Investors can pick up crucial tips, hints and suggestions from other investors on where and when to invest

Notes to Editor

About Moneycontrol.com

Moneycontrol.com - a flagship service from the Web 18 group (part of Network18) is the premier end-to-end finance and business portal for the Indian investors and market watchers. Here are some interesting statistics about moneycontrol.com:

  • Over than 6 million unique users, 120 million + page views and an average time spent of 39 minutes per user per day (as against an Indian average of 9 minutes) has moneycontrol.com India's No. 1 financial portal for the last 10 years
  • Approximately 5% of the country's non-fixed assets gets tracked through moneycontrol.com's portfolio manager - making this by far the largest such application in this space.
  • More than 85% of our portfolio users have investments worth more than Rs 30 lakh

About Web18

WEB18, a part of the Network18 Group, is one of the largest players in the Internet space in India. It runs moneycontrol.com, which is India's most influential and widely used financial, business and investor platform with more than 6 million users. Apart from this, WEB 18 runs in.com - India's second largest Indian Horizontal portal with over 7.5 million users, bookmyshow.com - India's largest remote ticketing service for movies, events and sports, ibnlive.com - India's leading general news portal, commoditiescontrol.com - India's leading source for authentic and real-time commodity information, poweryourtrade.com - a paid equity news and information site, tech2.com- a leading personal technology website, cricketnext.com-India's leading cricket website and compareindia.com - India's leading online product comparison destination.

About Network18

Network18[BSE: 532798,NSE: Network18] is one of India's leading full play media conglomerates with interests in television, print, internet, filmed entertainment, mobile content and allied businesses. Through its holding in Television Eighteen India Ltd (TV18) [BSE: 532299, NSE: TV-18], Network18 operates India's leading business news television channels, CNBC-TV18 and CNBC Awaaz. It also runs one of India's largest Internet players - Web18, as well as one of India's leading real time financial information and news terminals - Newswire18. TV18 has expanded into print with Infomedia18, an entity following the acquisition of Infomedia, India's leading player in the special interest publishing and printing operations space. Through its holding in ibn18 Broadcast Ltd (ibn18) [BSE: 532800,NSE: ibn18], Network18 operates in the general news and entertainment space with leading general news channels CNN-IBN and IBN7 and has launched IBN Lokmat, a Marathi news channel in partnership with the Lokmat group. ibn18 also operates a joint venture with Viacom, called Viacom18 which houses the MTV, VH1 and Nickelodeon channels in India - as also Studio18, the Group's filmed entertainment operation and 'Colors', the country's leading Hindi general entertainment channel. Additionally, Network18 holds the Group's online & on-air home shopping venture, Homeshop18, its full spectrum events management venture, E18 and its sports management & marketing division, Sports18. In a pioneering foray, the group recently launched Forbes India, the nation's first local edition of a foreign news magazine title and the world's most influential business brand, in collaboration with Forbes Media. For more information, log on to www.network18online.com

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