GECs
Viacom18 to simulcast Golden Globes on Colors Infinity, Vh1 & Comedy Central
MUMBAI: Viacom18’s three channels Colors Infinity, Vh1 and Comedy Central are all set to kick-start this year’s international awards fever by airing the 73rd Annual Golden Globe Awards in India.
The evening will be simulcast across all three channels straight from Beverly Hills, California on 11 January at 7.30 am with a primetime repeat at 9 pm.
While this is the first time for Colors Infinity and Comedy Central to air the prestigious awards, Vh1 will be airing the Golden Globe Awards for the fifth time in a row with Erstwhile Golden Globe winner, Ricky Gervais returning with his sensational humour as host for the third consecutive year.
Viacom 18 EVP and business head English entertainment Ferzad Palia said, “After airing the prestigious and critically acclaimed Golden Globe Awards on Vh1 for four years in a row, we are excited to present yet another edition of the Golden Globes; this time, across all our English Entertainment channels. All nominees are well-deserving and we are especially happy with Colors Infinity’s show Mr. Robot leading the television nominations. With the 73rd Annual Golden Globe Awards, we kick start the year with one of the most glamorous and prestigious awards on television.”
Carol leads the race this year in the films category with a maximum of five nominations. The other major nominations include Mad Max – Fury Road, Brooklyn and The Martian. The evening will witness a fight for the coveted award by actors such as Leonardo DiCaprio, Cate Blanchett, Kate Winslet, Will Smith, Matt Damon, Al Pacino and Jennifer Lawrence, to name a few.
Two time golden-globe award winner Denzel Washington will be honoured with 2016 Cecil B. DeMille Award for his outstanding contribution both on screen and behind the camera. His achievements as a filmmaker and a performer have earned him a total of seven nominations across the years.
In the television categories, Robot leads the nominations followed by shows like Game of Thrones, Orange is the New Black and Fargo.
GECs
Sahara One reports financial results, notes director exit and business realignment
Muted revenues, steady expenses and strategic adjustments shape company’s current phase
MUMBAI: In a tale where the sands seem to be slipping faster than they can be gathered, Sahara One Media and Entertainment Limited has reported another quarter of wafer-thin income and widening losses, even as a boardroom exit adds to the unease.
The company informed the Bombay Stock Exchange that its board, in a meeting held on April 4, approved its unaudited financial results for the quarter ended September 30, 2025. The numbers paint a stark picture. Total income for the quarter stood at just Rs 0.13 lakh, unchanged sequentially and sharply down from Rs 0.26 lakh a year earlier.
Losses, meanwhile, deepened. The company posted a net loss of Rs 24.16 lakh for the quarter, compared to Rs 18.81 lakh in the June quarter and Rs 39.69 lakh in the same period last year. For the six months ended September 2025, the cumulative loss stood at Rs 39.69 lakh, while the full-year loss for FY25 was reported at Rs 60.72 lakh.
Expenses continued to outweigh income by a wide margin. Total expenses for the quarter came in at Rs 24.30 lakh, led by employee benefit costs of Rs 6.51 lakh and other expenses of Rs 17.78 lakh. Earnings per share remained in the red at Rs (0.11) for the quarter.
The balance sheet reflects a company with significant assets on paper but limited operational momentum. Total assets stood at Rs 23,065.57 lakh as of September 30, 2025, broadly unchanged from March 2025. Equity share capital remained steady at Rs 2,152.50 lakh, while total equity was reported at Rs 18,004.85 lakh.
Cash and cash equivalents saw a modest uptick to Rs 6.75 lakh from Rs 4.68 lakh earlier, supported by a positive operating cash flow of Rs 180.01 lakh for the period.
Yet, beneath these numbers lies a more complex narrative. The company’s auditors flagged their inability to obtain sufficient evidence to form a conclusion on the financial statements, citing lack of access to records. They also raised concerns over the company’s ability to continue as a going concern, pointing to insufficient funds, delayed recoveries, and stalled content investments.
Adding to the governance overhang, the company disclosed that Rana Zia has resigned as whole-time director, effective October 16, 2025, citing other professional commitments. The resignation, noted and accepted by the board, also brings an end to her role across company committees.
Regulatory pressures continue to loom large. The Securities and Exchange Board of India has already initiated penal actions for non-compliance with listing norms, with trading in the company’s shares remaining suspended. There is also a risk of promoter demat accounts being frozen.
Legacy legal issues remain unresolved. A substantial deposit of Rs 694,027.88 thousand linked to the long-running OFCD dispute involving Sahara group entities is still under the purview of the Supreme Court of India. Restrictions on asset disposal continue to weigh on the company’s financial flexibility.
Operationally, challenges persist across multiple fronts. Advances worth Rs 1,92,916 thousand given for film content remain stuck, with delays in project completion and uncertain recoverability. The company’s YouTube channel, despite being operational, has generated no revenue for over three years due to compliance lapses. In a further twist, management has indicated that revenues may have been fraudulently diverted through unauthorised changes to its AdSense account, with a police complaint in the works.
There are also missed revenue opportunities. Television content rights continue to be used by a related party despite the expiry of the licence agreement, with fresh negotiations still underway.
For now, Sahara One Media and Entertainment Limited appears caught between legacy disputes and present-day operational hurdles. As losses linger and governance questions mount, the road to recovery looks less like a sprint and more like a slow trudge through shifting sands.
