News Broadcasting
TV9 Network & AIANA team up to host ‘Pravasi Gujarati Parv 2022’
Mumbai: One of the largest NRI organisations in the nation, the Association of Indian Americans in North America (AIANA), and TV9 Network, have teamed up to celebrate the extraordinary international success of the Gujarati diaspora.
Over 2,500 A-list Gujaratis from throughout India and more than 20 countries will attend the three-day Pravasi Gujarati Parv 2022 starting on 15 October in order to honour the outstanding Gujarati enterprise, culture, and asmita.
Gujaratis living abroad are returning to Ahmedabad, where a three-day think and fun festival will commemorate their achievements as ambassadors of a new and resurgent India.
It is a salute to the unstoppable force of Gujaratism and includes multi-media performances, a cultural extravaganza, thought leadership sessions, keynote speeches by politicians, sessions by spiritual gurus, business conferences, and celebrity performances.
To welcome NRGs, prominent individuals, international Gujarati leaders from many industries, and Gujarati policymakers will be present. The think fest will set a new standard with over 200 important leaders, 80 speakers, 30 mega conclaves and conferences, 30 business tycoons, and multimedia performances with over 50 artists.
Talking about the initiative, TV9 Network MD and CEO Barun Das said, “Diaspora plays a strategic role in building brand India in the global arena. The Gujarati diaspora has made an enduring impression world over driving thought leadership across domains. TV9’s Pravasi Gujarati Parv is a modest effort to showcase the global Gujarati leadership and celebrate its success. Joining the unique global celebration will be India’s top policy makers, celebrities and business leaders.”
AIANA, India president Praful Nayak said, “As India is celebrating the 75th year of its independence, it is the most opportune time to showcase and celebrate the contribution of the Gujarati diaspora in building brand India in the global arena. It is our privilege to host global Gujarati leaders across the spectrum and learn from their journey. I am confident that their presence will inspire not only Gujaratis but people from all across the country. We, at AIANA, have been connecting, communicating, and celebrating the Indian diaspora on a global stage since 2002 through various mega events and initiatives.”
The three-day event will be broadcast live on TV and digital, and it will centre on discussions and debates about how to make the NRI community feel at home to attract more investments; how Gujarati capital is creating global wealth; and how to celebrate Gujaratis in every sector—from sports to business to entertainment—and be the voice of Gujarat on the international stage. It will also give young achievers who are making Gujarat proud a platform to felicitate them. There will also be cultural performances to highlight Gujarati customs.
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.
