News Broadcasting
Times Now honors 11 exceptional Indians at the Amazing Indians Awards 2023
Mumbai: Times Now, India’s leading English news channel hosted the Amazing Indians Awards 2023 in New Delhi on 29 September. A premier national platform, Amazing Indians Awards 2023 recognized and honoured the unwavering spirit of 11 Amazing Indians who, through their courage, resolve, and selfless deeds, have profoundly influenced the lives of others.
The Chief Guests for the event, Piyush Goyal, Union Minister of Commerce & Industry, Consumer Affairs & Food & Public Distribution and Textiles, Smriti Irani, Union Minister for Women and Child Development delivered the keynote addresses and felicitated the winners along with the Jury members. The grandeur ceremony also witnessed a special Jugalbandi performance by Smt. Anuradha Pal, India’s First Female Tabla Maestro and a captivating musical presentation by the exceptionally talented members of Shreerang Charitable Trust.
Amazing Indian Awards 2023 winners felicitated across 11 categories included Dr. Jayakumar Karuppusamy (Agriculture), M. Vignesh alias Sai Vignesh (Animal Welfare), Mamoon Akhtar(Education), Amita Deshpande (Environment & Climate), Raj Kumar Bhatia (Food Management and Nutrition), Sukla Debnath (Girl Child and Women’s Rights Empowerment), Manjunath Ningappa Pujari (Healthcare, Medical & Clinical Assistance), Shruti Chaturvedi (Rural Development), Makarand Anaspure (Sanitation and Water), Nisha Malawat (Slum Care) and Yash Tarwadi (Tech For Good). The winners were shortlisted through an exhaustive pan-India screening process by an esteemed panel of jury comprising General M. M. Naravane, Prasoon Joshi, Ritesh Agarwal, Anand Kumar, Dr. S. Rangarajan and Sonam Wangchuk and duly evaluated by Ernst & Young (Process Partner).
In a historic moment, Dr. Veeramuthuvel, Project Director of Chandrayan-3 at ISRO, and Dr. Nigar Shaji, Project Director of Aditya – L1 Mission at ISRO, were honored for their remarkable contributions to India’s space endeavors.
Delivering the welcome address, Times Network MD & CEO MK Anand said, “As India’s most influential news leader, Times Now has played a pivotal role in driving change and action. Amazing Indians Awards is our initiative to highlight the extraordinary achievements of ordinary Indians who have made a positive impact on society. Over the years, the platform has featured the remarkable journeys of over 500 such individuals, each of whom has crafted a legacy through courage, determination, and an unwavering spirit. I am confident that the stories of these ‘Amazing Indians’ will inspire a new generation of changemakers, contributing to a better India.”
Piyush Goyal, Union Minister of Commerce & Industry, Consumer Affairs & Food & Public Distribution, lauded, Times Now for hosting the Amazing Indians awards. “This is a fantastic platform, and I was impressed by the quality of selection of the award nominees. Humble beginnings getting recognized at the beginning is wonderful, and these small seeds will grow into big trees in the future. All the nominees will go back more changed and determined to do even better.”
He went on to add, “The Amazing Indians is an important programme for the ambitions of India’s youth. Such Amazing Indians will power our journey and meet greater objectives of the nation and indeed the world.”
Shri Goyal also took the opportunity to congratulate ISRO scientists Dr Veeramuthuvel and Dr Nigar Shaji for their role in India’s space endeavours. He led the audience in giving a standing ovation to the scientists.
Congratulating the winners, Shri Goyal asserted that the government has been working hard for the public good. Whether it was bringing tap water to every home or enabling 4 crore families to benefit under PM Awas Yojana, the government has taken steps to ensure food security, especially during lockdowns. He said that 80 crore Indians got twice the allocation of grain and not a single starvation death was reported in any state. This is a huge achievement, he added.
Delivering the keynote address, Chief Guest Smriti Irani expressed her delight at the inspiring stories of the Amazing Indians who were honoured at the event. She also congratulated Times Now for assembling a jury of immense talent and diversity. “I am proud and humbled to share this platform with these Amazing Indians. Each one of these illustrious persons who are being honoured here today represent to the whole world what New India represents for our future,” she stated.
Speaking about ISRO and the Moon Landing, she said, “From the Dark Side of the Moon, a new light was shown to the world, showing what we are capable of.”
She congratulated ISRO’s Women Scientists, especially “Nigar ji (Project Director, Aditya – L1 Mission, ISRO) who spoke emphatically that she is part of an organisation that does not have a glass ceiling, where capability demands and decides opportunity, and that is all what new India is about.” She ended by stating that.
“This stage represents not only a civilizational empathy towards fellow living beings, but also represents grit, determination and grace.”
The Times Now Amazing Indians Awards 2023 left an indelible mark, celebrating the unwavering spirit of those who have gone above and beyond to create a positive and lasting impact on society.
News Broadcasting
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.
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.
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.
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.
