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Two students stand Taller, Stronger and Sharper to represent Mumbai at the Horlicks Wiz Team National Finals

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Mumbai, July 24, 2006: Horlicks, the only Health Drink in India that has been proven to make kids Taller, Stronger and Sharper returned to Mumbai with its highly successful and India’s largest inter school festival, Horlicks Wiz Kids 2006 and Horlicks Wiz Team city finals. The city finals culminated in great excitement with two students emerging as the winners who will form the Horlicks Wiz team 2006 from Mumbai and will represent the city in the national finals in November 2006. Bigger than ever before, in its third successive year, the event received participation from more than 2,00,000 students from over 1500 schools and was held at Bhaidas Hall, near Mithibai College, Mumbai

Horlicks Wiz Kids 2006 by ACTIVITY provided an enjoyable and enriching platform for students to encourage participation and team spirit through a variety of competitions on diverse subjects such as literature, art, singing, dramatics and others. The Horlicks Wiz Kids inter school festival helps students develop the ability and confidence to express their views and talents and not restrict themselves to only academics.

Talent activity comprising of Style Act, Short Play, Fusion Group Dance and Group Melody gives students the confidence to perform in front of a live audience and showcase their talents. Under Vocal activity, competitions such as Quiz, Hindi Antakshari, Extempore, Speaker of the Year and Air Crash enables students to be quick and attentive, sharpen memory skills and encourage them to express themselves through speech and music. Students learn how to be creative and convey their thoughts and opinions through Literary activity which includes English Creative Essay Writing, State Language Essay writing and Calligraphy. Art activity involves Painting, Pencil Sketching, Greeting Card Making, Pot Making, Collage and Mehndi Design to bring out the innovative and creative talents in every student. Competitions related to Creative activity such as Little Cook, Flower arrangement, Still Photography allows students freedom to experiment with their creativity. Drawing and Fancy Dress competition at the Kids activity and some competitions at the Informal activity such as Face Painting, The Search and Crossword encourage students to start young and perform in an informal atmosphere.

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Horlicks Wiz Teams 2006 is a unique personality and talent search for students who epitomise the Horlicks Generation: Taller, Stronger and Smarter. The winners of the Horlicks Wiz Team 2006 in Mumbai were chosen following an elaborate evaluation procedure. The students were judged on their performance in three rounds: the written elimination round, the interview round and a final selection round on the main stage comprising of the talent round, the versatility round and the judges’ question round. Students were evaluated on their overall personality, stage presence, confidence, self-awareness, communication and interpersonal skills, critical thinking, creativity, decision-making and problem solving ability, stress management and emotional quotient. The two students will now compete against 48 students from 24 other cities at the grand finale.

“Horlicks Wiz Kids and Horlicks Wiz Team enhance each student’s ability to stand tall, to be sharp and to be strong in all aspects of development, creating a Taller, Stronger, Sharper generation which has the ability to keep pace with the changing world. Horlicks Wiz Kids encourages and provides students with a healthy environment of participation and self improvement,” commented Mr Subhajit Sen, Vice President, Marketing, Glaxo SmithKline Consumer Healthcare.

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Network18 Q4 revenue grows 9.7 per cent, EBITDA at Rs 30 crore

PAT improves to Rs 306.6 crore, margins steady amid cost pressures.

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MUMBAI: Not all news is breaking, some of it is quietly improving. Network18 Media & Investments Limited appears to be doing just that, tightening losses and stabilising margins even as costs continue to weigh on the business. For FY26, the company reported revenue from operations of Rs 1,955.1 crore, up from Rs 1,896.2 crore in FY25, signalling modest top-line growth in a challenging media environment. Total income stood at Rs 1,978.2 crore, compared to Rs 1,913 crore a year earlier.

Profit after tax came in at Rs 306.6 crore for the year, a sharp turnaround from Rs 3,225.4 crore in FY25, largely reflecting the absence of large exceptional items that had inflated the previous year’s numbers. On a more comparable basis, the company’s operating performance showed signs of gradual stabilisation.

However, the quarterly picture remained under pressure. For the March quarter, Network18 reported a loss of Rs 53.1 crore, narrower than the Rs 98.1 crore loss in the same period last year, but still indicative of ongoing cost challenges.

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Expenses continued to track high. Total expenses for FY26 stood at Rs 2,235.7 crore, up from Rs 2,197.8 crore in FY25. Key cost heads included operational expenses of Rs 765.9 crore, employee benefits of Rs 475.9 crore, and marketing, distribution and promotional spends of Rs 427.1 crore, underlining the continued investment required to sustain reach and engagement.

At an operating level, margins remained under strain. Operating margin stood at 2.33 per cent for FY26, marginally higher than 1.77 per cent in FY25, while net profit margin remained negative at -13.02 per cent, though improved from -14.89 per cent.

On the balance sheet, total assets rose to Rs 8,957.6 crore as of 31 March 2026, from Rs 8,317.5 crore a year earlier. Equity strengthened to Rs 4,958.7 crore, while borrowings increased to Rs 3,112.8 crore, reflecting a higher reliance on debt to support operations.

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Cash flows told a mixed story. While financing activities generated Rs 83.9 crore, operating cash flow remained negative at Rs -24 crore, highlighting ongoing pressure on core cash generation. Cash and cash equivalents, however, improved to Rs 33.9 crore from Rs 1.8 crore.

The numbers point to a company in transition growing revenues, trimming losses, but still grappling with structural cost pressures. In a sector where scale often comes at a price, Network18 seems to be inching towards balance, one quarter at a time.

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