News Broadcasting
TV18 Q1 sets trend for double-digit growth
MUMBAI: Television18 (TV18), which runs a clutch of business news channels, has posted a standalone net profit of Rs 50 million, reversing the year ago net loss of Rs 280 million, as the Indian economy has recovered from a slowdown and the financial sector has rebounded.
Revenue from news operations at Rs 640 million stands 13 per cent higher than the prior-year period. This, though, is less than the trailing quarter when TV18’s standalone revenue was at Rs 840 million due to the advertising gains from the Budget.
Operating profit at Rs 160 million was higher than Rs 60 million posted in the first quarter of FY’10. TV18 also improved its operating margins to 24 per cent from prior year’s 11 per cent.
Operating expenses, including the revenue it shares with CNBC, stood at Rs 490 million, down from Rs 510 million in the comparative quarter.
On the consolidated front, TV18 posted a revenue of Rs 1.2 billion, up 12 per cent, while expenses stood at Rs 1.12 billion, from Rs 1.07 billion in the earlier year.
Web18, the subsidiary that houses all the websites of the group, has curtailed its operating loss to Rs 30 million, as against Rs 40 million a year ago. Revenue from operations grew 26 per cent to Rs 180 million, while expenses were at Rs 210 million (from Rs 180 million).
In Infomedia18, the net loss for the quarter increased to Rs 80 million, from Rs 20 million in the corresponding quarter of FY’10. Revenue, however, remained flat at Rs 290 million, while expenses increased to Rs 350 million (from Rs 310 million).
In Newswire18, revenue rose to Rs 90 million, from Rs 70 million a year ago. The company posted an operating profit of Rs 10 million.
As on 30 June, TV18 has reduced its net debt to Rs 2.24 billion.
News Broadcasting
WITT Summit 2026 concludes in New Delhi
Babar Azam’s comical diving attempt goes viral as league introduces anti-dew measures.
MUMBAI: The WITT Summit just wrapped up with enough big ideas to fill a policy playbook because when India’s leaders, thinkers and icons gather under one roof, even the conversations hit sixes. The eighth edition of TV9 Network’s flagship What India Thinks Today (WITT) Summit 2026 concluded on Saturday after two days of dynamic discussions at its New Delhi venue. India’s largest multi-domain public policy and culture summit brought together political leaders, policymakers, sports icons, artists and technology innovators to examine the forces shaping contemporary India and its global standing.
Prime minister Narendra Modi delivered the keynote address on the theme “India and the World” for the third consecutive year. In a wide-ranging speech, he addressed the ongoing conflict in West Asia, calling for restraint and compassion while highlighting India’s continued development trajectory despite global turmoil.
The summit featured candid conversations with state leaders. Telangana Chief Minister A. Revanth Reddy articulated a people-first governance model and contrasted it with other development approaches. Madhya Pradesh Chief Minister Mohan Yadav declared that Left-wing extremism had been effectively eliminated in his state and highlighted preparations for the upcoming Kumbh Mela. Punjab Chief Minister Bhagwant Mann defended his government’s record, citing the closure of 19 toll plazas and creation of the Sadak Suraksha Force. Karnataka Deputy Chief Minister D.K. Shivakumar expressed confidence in Congress prospects in Assam and addressed recent allegations against him.
On geopolitics and national security, Union Minister Jyotiraditya Scindia outlined India’s ambition to become a builder of trusted digital infrastructure for the world, citing the rapid 5G rollout and village-level 4G connectivity.
Cricket received significant attention. Former India captain Sourav Ganguly praised player freedom and trust as hallmarks of great leadership and named MS Dhoni as the greatest captain due to his World Cup successes. India women’s team bowling coach Aavishkar Salvi credited the BCCI and Women’s Premier League for building a pipeline of world-class talent behind the team’s recent ODI World Cup triumph.
The summit also hosted the inaugural AI² Awards 2026, celebrating the convergence of human creativity and machine intelligence in storytelling and content creation. Poet and kathavachak Kumar Vishwas delivered a nuanced take on India’s concept of Dharma and criticised the recent arrest of an 80-year-old Shankaracharya. Veteran lyricist Sameer Anjaan and storyteller Neelesh Misra reflected on changing music trends and artistic responsibility in the wake of a recent controversy involving Nora Fatehi.
In a country where conversations often run as deep as the Ganges, the WITT Summit proved once again that when leaders, thinkers and storytellers come together, the real winner is public discourse lively, layered and refreshingly unafraid to tackle the big questions shaping India’s tomorrow.
