GECs
Big Magic & Big FM to launch comedy show
MUMBAI: After launching an integrated satirical comedy show called Fakebook with TV actress Kavita Kaushik, Reliance Broadcast Network’s entertainment channel Big Magic and 92.7 Big FM will be launching yet another integrated series.
The series called Comedy Ka Rocket will be presented in a completely fresh, upbeat and contemporary avatar; designed for viewers to embrace the weekend with variety comedy entertainment.
The first few episodes of Comedy Ka Rocket will be around Dussehra (23rdOctober), Indian weddings (30th October) and Diwali (6th November) on BIG Magic at 9 pm and every Sunday at 12 pm on 92.7 BIG FM.
Sharing some insights on the new series, Big Magic creative director Bimal Unnikrishnan said,”In sync with our viewers preferences and new programming strategy, we have conceptualised Comedy Ka Rocket, a series which will appear every Friday with optimal comedic content and an amalgamation of all genres of comedy. We are aiming to take entertainment a notch higher, with new innovations in content designing and programming. We are sure our viewers will enjoy the show and will see this as one of the best ways to embrace the weekend.”
The show will have three hosts namely Karan Tacker, Vishal Singh and Gaurav Khanna, who will take audiences on a rib-tickling riot. They will be joined by different celebrities every week, adding to the fun quotient.
Big Magic will celebrate the festive season through a #FullOnLoL feast of sketches, spoofs, song parodies, mimicry, candid content, stand-up acts, dances, fun interactions with celebrities and lots more. The Dussehra special episode Bollywood Ke Villain will features popular villain Shakti Kapoor as a special guest.
Taking a cue from the essence of this festival, villains will take centre stage this time round instead of the heroes. They will be celebrated and their importance in the life of a hero will be showcased in full splendour.
Celebrating the Wedding season, Sana Kapoor of Shaandaar fame will be seen as the celeb walk-in and the event will focus on the madness that surrounds a bollywood themed Indian wedding. The audience will witness a glimpse of the hilariously chaotic moments that leads up to a Big Fat Indian wedding. Celebrating Diwali with Bollywood Ke Patakhe, Sana Saeed and Natasa Stankovic will enthral audiences with their dance performances.
GECs
Sahara One reports financial results, notes director exit and business realignment
Muted revenues, steady expenses and strategic adjustments shape company’s current phase
MUMBAI: In a tale where the sands seem to be slipping faster than they can be gathered, Sahara One Media and Entertainment Limited has reported another quarter of wafer-thin income and widening losses, even as a boardroom exit adds to the unease.
The company informed the Bombay Stock Exchange that its board, in a meeting held on April 4, approved its unaudited financial results for the quarter ended September 30, 2025. The numbers paint a stark picture. Total income for the quarter stood at just Rs 0.13 lakh, unchanged sequentially and sharply down from Rs 0.26 lakh a year earlier.
Losses, meanwhile, deepened. The company posted a net loss of Rs 24.16 lakh for the quarter, compared to Rs 18.81 lakh in the June quarter and Rs 39.69 lakh in the same period last year. For the six months ended September 2025, the cumulative loss stood at Rs 39.69 lakh, while the full-year loss for FY25 was reported at Rs 60.72 lakh.
Expenses continued to outweigh income by a wide margin. Total expenses for the quarter came in at Rs 24.30 lakh, led by employee benefit costs of Rs 6.51 lakh and other expenses of Rs 17.78 lakh. Earnings per share remained in the red at Rs (0.11) for the quarter.
The balance sheet reflects a company with significant assets on paper but limited operational momentum. Total assets stood at Rs 23,065.57 lakh as of September 30, 2025, broadly unchanged from March 2025. Equity share capital remained steady at Rs 2,152.50 lakh, while total equity was reported at Rs 18,004.85 lakh.
Cash and cash equivalents saw a modest uptick to Rs 6.75 lakh from Rs 4.68 lakh earlier, supported by a positive operating cash flow of Rs 180.01 lakh for the period.
Yet, beneath these numbers lies a more complex narrative. The company’s auditors flagged their inability to obtain sufficient evidence to form a conclusion on the financial statements, citing lack of access to records. They also raised concerns over the company’s ability to continue as a going concern, pointing to insufficient funds, delayed recoveries, and stalled content investments.
Adding to the governance overhang, the company disclosed that Rana Zia has resigned as whole-time director, effective October 16, 2025, citing other professional commitments. The resignation, noted and accepted by the board, also brings an end to her role across company committees.
Regulatory pressures continue to loom large. The Securities and Exchange Board of India has already initiated penal actions for non-compliance with listing norms, with trading in the company’s shares remaining suspended. There is also a risk of promoter demat accounts being frozen.
Legacy legal issues remain unresolved. A substantial deposit of Rs 694,027.88 thousand linked to the long-running OFCD dispute involving Sahara group entities is still under the purview of the Supreme Court of India. Restrictions on asset disposal continue to weigh on the company’s financial flexibility.
Operationally, challenges persist across multiple fronts. Advances worth Rs 1,92,916 thousand given for film content remain stuck, with delays in project completion and uncertain recoverability. The company’s YouTube channel, despite being operational, has generated no revenue for over three years due to compliance lapses. In a further twist, management has indicated that revenues may have been fraudulently diverted through unauthorised changes to its AdSense account, with a police complaint in the works.
There are also missed revenue opportunities. Television content rights continue to be used by a related party despite the expiry of the licence agreement, with fresh negotiations still underway.
For now, Sahara One Media and Entertainment Limited appears caught between legacy disputes and present-day operational hurdles. As losses linger and governance questions mount, the road to recovery looks less like a sprint and more like a slow trudge through shifting sands.
