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Ivanka Trump joins her father on ‘The Apprentice’

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MUMBAI: Ivanka Trump will join her father Donald Trump who hosts US broadcaster NBC’s business based reality show The Apprentice for boardroom duty on 6 March.

The teams are given their second task — to generate text messages via a marketing campaign promoting Gillette’s Fusion Razor. The candidates are challenged as they persuade New Yorkers to text message on their mobile phones. The team with the most text messages wins.

The winning team is rewarded the opportunity to give back to the community by outfitting disadvantaged men from the “Career Gear Charity” in new signature Trump apparel, including suits, watches and cufflinks as they face their first business interview, with a new look.

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Meanwhile Donald Trump will kick off the sixth season casting search of The Apprentice by personally interviewing applicants at Universal Studios in Hollywood on 10 March — the first stop of a 17-city tour to find the next “Apprentice.”

For the first time in the history of the show, The Apprentice will leave Manhattan and move to southern California for season six, which shoots this summer and airs in fall 2006.

Trump says, “People who want to challenge themselves in the ultimate business competition should definitely come apply. They’ll be facing a whole new series of twists, turns and challenges when we take The Apprentice to southern California.”

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Trump will also interview applicants in person at the New York City casting call, slated for 24 March at Trump Tower, and casting directors will visit 15 other cities throughout March and April.

Prospective applicants should be able to take risks, bounce back after failing, succeed in a cutthroat environment, go against the tide, remain focused, think creatively and be a leader. Interested candidates should complete the online application form at www.nbc.com and apply for one of the most coveted jobs in the US.

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Den Networks Q3 profit steady despite revenue pressure

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MUMBAI: When margins wobble, liquidity talks and in Q3 FY25-26, cash did most of the talking. Den Networks Limited closed the December quarter with consolidated revenue of Rs.251 crore, marginally higher than the previous quarter but down 4 per cent year-on-year, even as profitability stayed resilient on the back of strong cash reserves and disciplined cost control.

Subscription income softened to Rs.98 crore, slipping 3 per cent sequentially and 14 per cent from last year, while placement and marketing income offered some cheer, rising 15 per cent quarter-on-quarter to Rs.148 crore. Total costs climbed faster than revenue, up 7 per cent QoQ to Rs.238 crore, driven largely by higher content costs and operating expenses. As a result, EBITDA dropped sharply to Rs.13 crore from Rs.19 crore in Q2 and Rs.28 crore a year ago, pulling margins down to 5 per cent.

Yet, the bottom line refused to blink. Profit after tax stood at Rs.40 crore, up 15 per cent sequentially and only marginally lower than last year’s Rs.42 crore. A healthy Rs.57 crore in other income helped cushion operating pressure, keeping profit before tax at Rs.48 crore, broadly stable quarter-on-quarter despite the tougher cost environment.

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The real headline-grabber, however, sits on the balance sheet. The company remains debt-free, with cash and cash equivalents swelling to Rs.3,279 crore as of December 31, 2025. Net worth rose to Rs.3,748 crore, while online collections accounted for 97 per cent of total receipts, underscoring strong cash discipline across operations, including subsidiaries.

In short, while Q3 showed signs of operating strain, the financial backbone remains solid. With zero gross debt, steady profits and a formidable cash war chest, the company enters the next quarter with flexibility firmly on its side proving that in uncertain markets, balance sheet strength can be the best growth strategy.

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