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ICC pulls up Indian cricketers for Samsung ads
NEW DELHI: A new controversy threatens to rock the ongoing World Cup, the Indian cricket team especially, with the ICC (International Cricket Council) issuing notices to some Indian cricketers on alleged ads of Samsung featuring them continuing to appear in media.
Though, the company concerned today denied playing truant and maintained that one of the global sponsors, LG, is flouting the reworked norms by using images of Indian cricketers those who have been contracted with Samsung.
“We are completely flummoxed by recent developments and are unable to understand what is the basis of ICC’s notices to some Indian cricketers,” a senior executive of Samsung India told indiantelevision today morning,
pointing out that the company is honouring the players’ wish by withdrawing all ads featuring them, if at all they were been put out.
ICC chief executive Malcolm Speed has been quoted in the media reports as saying: “There is clearly documented evidence that Samsung is deliberately
and blatantly flouting the contractual agreements that exist with the Board of Control for Cricket in India (BCCI). This is a premeditated campaign designed to infringe and devalue the rights secured by the ICC’s commercial partners.”
In a related development, SET MAX, in a pre-match programme, today morning quoted commentator Tony Greig as saying that the top brass of Sahara group,
sponsors of the Indian cricket team, have expressed surprise at seeing Virgin Airlines ads, featuring South African player H Gibbs, in South Africa.
One hopes that ICC would take note of this development and haul up Virgin Airlines (owned by the flamboyant businessman Richard Branson), Greig said.
Coming back to ICC’s latest missive to Indian cricketers, it is learnt from corporate sources that Samsung India did receive communications from the Indians that are contracted to appear in Samsung ads as part of Team
Samsung campaign last Saturday.
“In deference to the players’ wish and our continued stand to support the players’ cause, we stopped from Sunday onwards airing any ads that would amount to flouting any ICC norms, if at all any move of ours amounted to that. We, anyway, have stopped featuring the cricketers in our media campaign,” the Samsung executive said.
But then, asks an official sponsor, what about occasional ads in a national newsmagazines and some Samsung billboards that could be spotted till some days back on the outskirts of Delhi (in Delhi billboards are banned by the government)?
Samsung India laughed off the allegation by maintaining some ads, that could be still seen as objectionable by the ICC, may have shown up due to prior commitments — those pledged to the media before the communication to the company from the Indian cricketers.
“Moreover, ICC cannot stop us from airing ads with the line Team Samsung as it is owned by us,” the Samsung
executive explained, pointing out even LG India does not have any right to use images of Indian cricketers signed up by Samsung in its media campaign.
Some newspapers today have carried an ad of LG India featuring Virender Sehwag who, along with the likes of Rahul Dravid, Mohd. Kaif, Anil Kumble and Harbhajan Singh, have been signed up by Samsung India.
When contacted, LG India’s market head, Ganesh Mahalingam, told indiantelevision.com, “I don’t know what others are talking about, but all official sponsors of ICC, including us, have the right till 2007 to use the
images of any cricketer during any ICC-sponsored tournament. These rights have been agreed upon by cricketers only as part of an ICC guideline.”
Though Mahalingam refused to be drawn further into the issue, there is a school of thought in India that feels that these continuing shadow boxing being indulged in by corporates is putting unnecessary external pressure on
the Indian team that may start telling on the team’s performance that is, anyway, nothing much to talk about till today.
AFP in report from Johannesburg yesterday stated that the ICC on Friday cracked the whip against Indian players whose personal sponsors continued to advertise in violation of World Cup rules.
The Indians had signed ICC contracts which prohibited them from advertising for non-official sponsors for the the duration of the World Cup from 8 February to 23 March.
But the ICC said electronics giants Samsung, who
have six Indian players including vice-captain Rahul Dravid and Virender Sehwag on their payrolls, have continued to issue advertisements in newspapers.
“The ICC today expressed its deep concern that it has been forced to disturb the World Cup preparations of the Indian team because of the ambush marketing activities carried out by electronics company Samsung,” the
sport’s world governing body said in a statement.
“It cannot and will not be tolerated,” Speed said.
The ICC said that advertising campaigns featuring images of Indian players sponsored by Samsung are appearing in India and “infringements have also
been identified in South Africa.”
The ICC lawyers delivered letters to the Indian management and players on Thursday in an attempt to secure their support in curtailing Samsung’s activities, the statement said. “If no resolution is reached immediately, the matter is likely to be referred to the ICC Technical Committee for further action.” Indian team official Amrit Mathur confirmed the letters from the ICC had been received by the team.
“The players concerned have been told of this and they have advised Samsung to stop the advertisements,” he said. The Indian players, who enjoy lucrative personal endorsements, had earlier refused to sign the contracts
that prohibited ambush marketing for 30 days before, during and after the World Cup.
The ICC backed down and did away with the period before and after the tournament, but insisted ambush marketing will not be allowed during the tournament. The ICC action against Samsung came a day after Indian cricket chief Jagmohan Dalmiya slammed the governing body for favouring England in the row over playing in Zimbabwe.
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Network18 trims FY26 losses as Q4 revenue touches Rs 1,955 crore, 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.
