News Broadcasting
Ravi Shankar Prasad, Randi Zuckerberg, NG Subramaniam, Debjani Ghosh, Anant Maheshwari amongst others headline the 6th Edition of Times Network’s Digital India Summit 2020
Mumbai, December 02, 2020: India’s premium broadcast network, Times Network that’s been championing India’s digital transformation agenda with its flagship property, today announced the 6th Edition of Digital India Summit 2020 (DIS). Taking cognizance of the new reality of the world disrupted by COVID-19, the summit in its latest edition will drive the theme ‘Enabling the New Normal’ and sets the agenda to define a sustainable and superlative ecosystem to accelerate and shape India’s digital future. A foundation for driving India’s evolution into globally recognised digital economy, DIS enables conversations and discourses in the search for digitally empowered solutions for present and future challenges. The summit hosted virtually this year is scheduled to telecast from December 05, 2020, every Saturday and Sunday at 7:30pm on TIMES NOW, TIMES NOW WORLD, ET NOW and on the Network’s digital news destination, Timenownews.com.
Envisioned with the purpose to accelerate India’s digital transformation by defining an action plan for progress, Digital India Summit 2020, a seminal leadership platform will witness insightful sessions, fireside chats, panel discussions with key policy makers, thought-leaders and tech pioneers, who are at the forefront of India’s digital transformation. Addressing a diverse spectrum of topics including how technology has enabled Government to fight COVID-19, impact of the virus on the digital world, digital transformation across sectors and living with the new normal, the 6-week long virtual summit will see leading voices including Ravi Shankar Prasad, Minister of Law and Justice, Electronics and Information Technology and Communications, NG Subramaniam, COO – TCS, Randi Zuckerberg, Founder and CEO – Zuckerberg Media, Anant Maheshwari, President – Microsoft India, Randeep Guleria, Director – AIIMS, Debjani Ghosh, President – NASSCOM, Amit Agarwal, Global Senior Vice President and Country Head – Amazon India and S.K Gupta, Secretary – TRAI amongst others.
The summit will launch with an exclusive chat between Randi Zuckerberg, Founder and CEO, Zuckerberg Media and Mihir Bhatt, Chief Editor – IPs, Times Network and the engaging conversation will bring forth interesting insights on topics like new ways of working, ecommerce, changing supply chain dynamics, education, entrepreneurship, role of social media, the digital divide and the importance of digital detox.
MK Anand, MD & CEO, Times Network said, “While COVID-19 pandemic has presented an unprecedented challenge worldwide, it has undoubtedly been an agent of radical change, to rethink and reimagine businesses and lives. One of the consequential implications have been an accelerated adoption of digital technology and solutions across businesses and services that has paved way for quicker digital transformation. Digital India Summit 2020 takes centre stage at an opportune time where Covid-19 has reemphasized the importance of building a robust digital ecosystem to support the nation’s growth. I am confident that collaborative discussions between eminent technology leaders and policy makers will shape decisive strategies in crystalizing the nation’s digital future and support the transformation shift, an imperative in the post Covid-19 future."
Digital India Summit 2020 is Co-Presented by Tata Consultancy Services, Associate Partners – Amazon, Builder.ai, SAP and Infrasoft Technologies and Tech Partner – One Plus.
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.
