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Shakti in the City as Sheshakti Mumbai puts women at the wheel of change

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MUMBAI: Mumbai got a power surge and this time, it wasn’t from the grid. News18’s Sheshakti returned with its third and most dynamic edition yet, lighting up Mumbai with stories of women who are not just breaking barriers but blueprinting Bharat’s future. Organised in partnership with Lions International, the 2025 edition marked a first the regional debut of the flagship women’s leadership platform turning the spotlight on Maharashtra’s changemakers.

Titled “From Breaking Barriers to Building Bharat”, the theme underscored a pivotal shift: from metro corridors to grassroots campaigns, from boardrooms to classrooms, the narrative of power is now as plural as it is personal. With over two impactful editions behind it, Sheshakti has evolved into more than a platform, it’s a movement.

The Mumbai edition celebrated a formidable lineup of trailblazers from bureaucrats and bankers to  actors and entrepreneurs. Each speaker brought to the stage her truth, grit, and roadmap for India 2.0.

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Ashwini Bhide, principal secretary to the Maharashtra chief minister and the woman behind Mumbai’s mega metro projects, reflected on the complexity and scale of city infrastructure: “Working on mega projects in Mumbai is a challenge and an opportunity. Unless we create global-standard public transport, Mumbaikars will continue to struggle,” she said, reinforcing the urgent need for inclusive urban solutions.

Actor Shriya Pilgaonkar gave the inside track on evolving female roles in Indian cinema: “You’ve got to be stubborn about your dreams and flexible about your plan. The industry is quick to box you. Stay in your power and don’t hand it over to others.”

Bajaj Finserv group president designate (investments) Lakshmi Iyer brought finance into focus: “Financial freedom should feel like oxygen for women unseen, constant, and essential.” Her session, titled ‘The ROI of Being She’, highlighted the non-negotiable value of economic independence.

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Aditya Birla Education Trust founder Neerja Birla spoke candidly about India’s silent mental health crisis: “We’re conditioned to put ourselves last. But if your own cup is half full, how can you pour into others’ lives?” Her message was clear self-care is the starting point of leadership.

Closing the edition was Maharashtra chief minister Devendra Fadnavis, who made a compelling economic argument for gender parity: “Globally, the nations that recognised the value of women accelerated their growth. If Maharashtra wants to move ahead, we must put women in the front seat.”

Fadnavis reflected on the era of “sarpanch-patis” and “corporator-patis”, when men unofficially held the power behind elected women leaders in local bodies. “That began to change in 1997,” he noted, “and by 2029, when it becomes compulsory to allocate tickets to women, we won’t stop at 33 per cent, we’ll reach 50 per cent.”

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From mental health to metro lines, movie roles to money goals, Sheshakti’s Mumbai edition was a full-spectrum showcase of women who aren’t just participating, they’re pioneering.

Because when women lead from every postcode and every profession, the question is no longer if Bharat will change. It’s how soon.

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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.

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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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