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Global AI Conclave 2024 to unpack AI’s shift from hype to real-world impact
Mumbai: The 2024 edition of the CNBC-TV18 and Moneycontrol Global AI Conclave is set to take place on 22 November 2024, in Bengaluru, promising a cutting-edge exploration of artificial intelligence’s evolution. Under the theme ‘From Hype to Impact,’ the conclave will dive deep into AI’s journey from theoretical potential to transformative real-world applications across industries like healthcare, finance, education, and defence.
This year’s event will feature eminent speakers such as Ministry of Electronics and IT, secretary, S Krishnan; Minister for Industries and Commerce, MB Patil; NeGD (MeitY), president & CEO, Nand Kumarum; Microsoft, senior principal researcher, Kalika Bali; and Inception, COO, Ashish Ipe Koshy.
Corporate Strategy, CEO (digital) & president, Puneet Singhvi said, “The past year was all about the build up and proliferation of AI. AI is firmly at the center stage of all discussions and how it can potentially change our lives, industries and corporate sector at large. In this edition, the Global AI Conclave highlights how AI is driving transformative impact across the board. We take pride in creating a platform that unites visionary leaders and innovators to discuss the potential of AI in the real world. This conclave aims to bring forth the evolution of AI from abstract concepts to actionable solutions, redefining its role as a powerful force for progress and inclusion. We believe this journey from hype to impact will inspire new ways of leveraging AI to shape the future.”
TV18, Network18 (broadcast) CEO & A+E Networks MD, Avinash Kaul added, “The second edition of Global AI Conclave marks a significant milestone in our steadfast commitment to foster and promote the intersection of technology, business, and innovation. This event will serve as a knowledge hub for establishing a deeper understanding of AI’s application across industries and answer many questions on the near future of AI in India and the world. We welcome tech enthusiasts to join us as we embark on this exciting journey to unlock the limitless potential of AI on a global scale.”
This year’s conclave will highlight India’s AI roadmap, emphasizing initiatives like the MeitY-Meta partnership advancing open-source AI and the BharatGen initiative, which works to make AI accessible in Indian languages. These programs aim to ensure AI’s benefits reach underserved communities, empowering millions across the nation.
https://www.moneycontrol.com/msite/global-ai-conclave/bangalore.
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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.
