News Broadcasting
Non-bailable FIR by Mamata Banerjee against Zee News & Sudhir Chaudhary
MUMBAI: West Bengal Chief Minister Mamata Banerjee has filed a non-bailable FIR against Zee News and its reporter Sudhir Chaudhary for daring to openly air the communal rampage which took place in her backyard.
Chaudhary wrote on Facebook: “Just to inform all of you Mamta Banerjee Govt has filed an FIR against me and Zee News reporter Pooja Mehta and cameraperson Tanmay Mukherjee for covering Dhulagarh Riots on Zee News. The FIR has non-bailable sections which is enough to gauge their intentions to arrest me and my colleagues. Pooja Mehta is just 25 and got the taste of Mamta’s intolerance so early in life in the form of a non bailable FIR.
The message goes on to say: “This is what a young girl reporter is getting to learn from a woman Chief Minister who claims to be the champion of democracy. It’s another low point in our democracy to see a democratically elected government using police force to curb media in an effort to suppress uncomfortable facts and reality. When you can’t manage media, use the state machinery to conquer the media only to conceal the failures of your administration. It shows the intolerance of a chief minister who is using the state machinery as her personal fiefdom and acting like a feudal lord. I see the positive side of this blunder as a window for all free minds of this nation to act and show fascist forces their actual place. Or will once again Selfish Politics prevail? That’s my fear. #IntolerantMamta”
A few days ago Dhulagarh in Howrah district of West Bengal, located some 30 odd kilometers from the state’s capital was rocked by communal violence. While Hindus of the town were busy with Margashirsha Poornima festivities on 13 December, the Muslims formed a procession, blaring loud music, ostensibly claiming to celebrate Milad-un-Nabi, which actually fell the day before and was a public holiday. A simple request by Hindus to lower the volume of the loudspeakers provoked the Muslims into a frenzy of riot and arson. Hindu homes and shops were set ablaze and scores of Hindus were forced to flee. Locals reported that the Muslims who rioted at Dhulagarh were not locals but had come from outside specifically with the purpose of ousting Hindus. As per news reports, the police party sent to put an end to the riot was stopped by the rioters and bombs were hurled at it.
This is not the first case in recent times of a TV channel getting the axe for reporting the truth. Earlier, it was NDTV India faced a one-day black-out imposed by the Union Government for airing content regarding Pathankot strike that it felt could have aided the terrorists and imperiled the lives of security men and their families.
News Broadcasting
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.
