News Broadcasting
Deccan Chronicle IPO oversubscribed 1.82 times on Day 1
MUMBAI: The initial public offer (IPO) of Deccan Chronicle Holdings Limited, publishers of the English broadsheet newspaper Deccan Chronicle, opened today to a positive response from the capital markets. The 8.01 million shares on offer were oversubscribed more than 1.82 times by the end of the first day.
The public issue offer for ownership of India’s first listed broadsheet newspaper is slated to close on 2 December. The final share allocation and pricing will be determined through the book-building route, the company has determined the price band as being between Rs 162 and Rs 194. At this price, the IPO is expected to yield between Rs 1.3 billion and Rs 1.55 billion.
Deccan Chronicle Holdings Limited has appointed ICICI Securities Limited as the lead managers to the issue. The issue constitutes approximately 20 per cent of the fully diluted post offer paid-up capital assuming that the green shoe option is not exercised, and approximately 22 per cent assuming that the green shoe option is exercised in full.
Deccan Chronicle is the largest circulated and read English newspaper in Andhra Pradesh. The capital raised by the IPO will be used for financing new printing facilities, and for venturing into new territories and future strategic initiatives & acquisitions. The company has announced that it will be launching Deccan Chronicle in Tamil Nadu shortly.
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.
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.
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.
