News Broadcasting
Author Thomas Keneally on CNN
Australian author and activist Thomas Keneally joins CNN's chat show Talk Asia this weekend. He talks about his 1982 novel Schindler's Ark, an account of the Holocaust that won him the Man Booker Prize and formed the basis of the movie Schindler's List. The show airs on 26 March at 9:30 am, 7 pm, 10:30 pm on 27 March at 8:30 pm and on 28 March 28 at 9 am.
During the half-hour interview with host Lorraine Hahn, Keneally also explains why he chose to write The Tyrant's Novel in 2003, which touched upon immigration issues and detention centers in Australia. "If I saw detention centers, however kindly they might begin, rising in the suburbs of Australia and in the deserts of Australia, I above all had a duty to talk about them. I hasten to say that these are not death camps, but people suffer greatly in them, particularly psychologically."
The 70-year-old author also shares with viewers the early beginnings of his life – how he embarked on theological studies for the Catholic priesthood before switching to writing fulltime, and who his biggest influences were, both personally and professionally.
He continues to talk about his upcoming projects saying, "I have just finished a book on Georgian England and Georgian Australia…at the same time, I am writing a novel about a ninety-year-old woman, a veteran of World War II, whose husband was beheaded by the Japanese in 1945."
One of the founding members of the Australian Republican Movement, Keneally has strong view on politics. "We got the message in 1942 when Singapore fell that we were not necessarily high on the British hit list of priorities. Now to show that Australia had made us a separate people — not a better people than anyone else, but our own people, — we should have a head of state who was an Australian."
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.
