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Balaji’s Q2 net falls 21 % to Rs 113 million

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MUMBAI: Balaji Telefilms’ net profit fell 21 per cent to Rs 112.83 million for the quarter ended 30 September 2004, from Rs 142.34 million a year ago.
Total income increased to Rs 467.76 million, up from Rs 435.16 million.

Balaji’s board, which met on 16 October, decided not to declare interim dividend until there is reasonable certainty in relation to the receipt of regulatory approvals for the proposed investment in the company by Asian Broadcasting FZ LLC (a Star affiliate). This is to ensure that Balaji has adequate funds available for its capital requirements and expansion plans, after declaring an interim dividend. 

Asian Broadcasting had agreed to pay Rs 1.23 billion for 21 per cent stake in Balaji Telefilms and would have the option to hike it up to 26 per cent through an open offer.
 

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When there is reasonable certainty, the Balaji board will convene another meeting to consider an interim dividend of Rs 16 per equity share of the Company. The record date for declaration of interim dividend, if any, shall be determined with a view to ensure that a) such dividend does not accrue to Asian Broadcasting and b) the public shareholders tendering their shares pursuant to the open offer by Asian Broadcasting would receive such interim dividend.

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News Broadcasting

News18 India to air Sabse Bada Dangal on 4 May counting day

Channel promises fastest results, live trends and analysis across five states.

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MUMBAI: Ballots will do the talking and screens will do the shouting. As counting day approaches for high-stakes Assembly elections across West Bengal, Tamil Nadu, Kerala, Assam and Puducherry, News18 India is gearing up for an all-day broadcast of its flagship election show, Sabse Bada Dangal, on 4 May from 6 am onwards. The Hindi news channel plans to deliver continuous, real-time updates as votes are tallied, combining live counting data with on-ground reporting and studio analysis. With political fortunes set to shift through the day, the coverage will track every swing, surge and surprise as trends turn into results.

The broadcast will feature a mix of senior political leaders, analysts and experts, offering instant reactions and decoding the evolving electoral picture. Expect heated debates, quick takes and detailed breakdowns as the numbers settle across all five states.

For News18 India, counting day has long been a high-visibility moment. The network is banking on its reporting reach, editorial bandwidth and technology-driven coverage to stay ahead in what is often a fiercely competitive news cycle.

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With multiple battlegrounds and shifting narratives, the day promises both drama and data in equal measure. And if all goes to plan, Sabse Bada Dangal will once again turn the counting of votes into prime-time spectacle.

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