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It isn’t a monologue: A role reversal for Sadhuguru on ‘Duologue with Barun Das’

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Mumbai: Sadhguru Jaggi Vasudev, known for his contributions in the field of yoga, spirituality, and environmentalism, is faced with a line of questioning from TV9 Network MD & CEO and ‘Duologue’ host Barun Das where new theories come to light. The exchange on spirituality being a ‘concept’ or a way of life draws out an animated conversation. In a bid to transit from complexity to clarity. Sadhguru talks about ‘Inner Engineering’ as the SOP for spirituality, but does it convince Das?

“Being in conversation with Sadhguru has been partly educational, and completely riveting. I admire his capability to indulge me on most occasions when my point of view is contrarian. His ability to assimilate and reflect on new thought processes is particularly impressive,” said Das.

Duologue with Das is a cerebral conversation with a legend or a legend in the making. As the title suggests, it is a two-way interaction to enable exchange of ideas in a free-flowing manner. Duologue is not provoked by headline management but to evolve emancipated influencer conversations.

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The insights shared by Sadhguru on India’s role in the global arena and the importance of guiding the youth in the right direction added a new dimension to their Duologue, making it an unforgettable deliberation.

In response to Das’s assertion that “Spirituality is born out of human minds,” Sadhguru said, “Concepts are made in human minds… it is not a product of your mind. If you keep your mind aside, you will become spiritual.”

Das shared three levers he manages his interfaces and life with. The first one is ‘being true to his duty and himself,’ the second, ‘his belief of living and letting live,’ and the third being ‘consciously not harming anyone.’ Sadhguru promptly called the definition of his ‘interfaces’ as ‘transactions of life’ and said, “Essentially, when you say interface, you’re trying to define your transactions with the world around you. It is important to separate the life of existence and life of transactions. Transactions are not your life; you are a life.”

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Seeking clarity amid the complexity, Das demanded an SOP for spirituality that can be followed in daily life. Sadhguru joked about his ashram being a ‘Factory of Spirituality.’ However, he gave out the SOP with the help of a 20-second exercise and called the method ‘Inner Engineering’.

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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.

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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.

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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.

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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.

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