News Broadcasting
Zee, TV 18 scrip cross Rs 90-mark as sensex crosses 3,600 points
MUMBAI: The barometer 30-stock Bombay Stock Exchange (BSE) Sensex continued its ascent; gained 39.28 points to settle at 3,622.34 on Friday (4 July) as compared to 3,583.06 on 27 June 2003. The S&P CNX NSE Nifty also gained 12.90 points and ended the day at 1,138.45 as compared to 1,125.55 on 27 June.
FIIs poured money on the bourses last week. They pumped in a net Rs 6627 million in four sessions – between Monday (30 June 2003) to Thursday (3 July 2003). Those inflows took their cumulative inflow (which includes inflow in debt market) in the current calendar year to over Rs 100 billion, at Rs 105.46 billion (till 3 July 2003).
Zee Telefilms opened the day (4 July) on the BSE at Rs 94.30; gained 2.1 per cent to end the day at Rs 96.20 as compared to Rs 89.25 on 27 June. The volume of shares traded was around 2.21 million shares.
On the National Stock Exchange (NSE), the Zee scrip opened at Rs 94.90; gained 1.69 per cent to end the day at Rs 96.10 as compared to Rs 89.50 on 27 June. The volume of shares traded was around 4.40 million shares.
The Television Eighteen India scrip opened the day at Rs 102.55; dipped 4.29 per cent; ended the day at Rs 98.15 as compared to Rs 88.75 on the BSE on 27 June 2003. On the NSE, the scrip opened the day at Rs 101.10; dipped by 3.51 per cent to end the day at Rs 98.90 as compared to Rs 89.10 on 27 June. The volume of shares traded was 231, 903.
On the BSE, the Balaji Telefilms scrip opened the day (4 July 2003) at Rs 67.90; rose 1.1 per cent to end the day at Rs 68.65 as compared to Rs 67.80 on 27 June. The volume traded was 424,826 shares.
On the NSE, the scrip opened the day at Rs 69.45; rose 1.11 per cent to end the day at Rs 68.55 as compared to Rs 67.80 on 27 June. The volume of
shares traded was 1.12 million shares.
Sri Adhikari Brothers Television Network (SABTNL) opened the day at Rs 82.50; dropped 0.24 per cent to end the day at Rs 82.30 as compared to Rs 75.75 on 27 June. On the NSE, the scrip opened the day at Rs 83.60; dropped 0.49 per cent and ended the day at Rs 82 as compared to Rs 75.65 on 27 June. The volume of shares traded was 136,361.
On the BSE, Cinevistaas’ opened the day at Rs 33; dropped 2.88 per cent; ended the day at Rs 32.05 as compared to Rs 28.70 on 27 June. On the NSE, the scrip opened at Rs 33.15; dropped 2.24 per cent and ended at Rs 32.70 as compared to Rs 29.30 on 27 June.
Creative Eye opened the day at Rs 16.05; gained 9.71 per cent to end the day at Rs 17.61 as compared to Rs 14.85 on 27 June on the BSE. On the NSE, the scrip opened the day at Rs 16.50; gained 9.66 per cent to end the day at Rs Rs 17.60 as compared to 14.65 on 27 June.
The ETC Networks scrip opened the day at Rs 57.601; dropped 1.82 per cent to end the day at Rs 56.55 as compared to Rs 51.60 on 27 June.
News Broadcasting
BBC to cut up to 2,000 jobs in biggest overhaul in 15 years
Cost pressures and leadership change drive major workforce reduction plan
LONDON: BBC has unveiled plans to cut up to 2,000 jobs, roughly 10 per cent of its global workforce, in what marks its biggest downsizing in 15 years.
The announcement was made during an all-staff meeting led by interim director-general Rhodri Talfan Davies, as the broadcaster moves to tackle mounting financial pressures and reshape its operations.
Between 1,800 and 2,000 roles are expected to be eliminated from a workforce of around 21,500. The cuts form part of a broader plan to save £500 million over the next two years, aimed at offsetting rising costs, stagnating licence fee income and weaker commercial revenues.
In a communication to staff, BBC interim director-general Rhodri Talfan Davies said, “I know this creates real uncertainty, but we wanted to be open about the challenge,” acknowledging the impact the move would have across the organisation.
The restructuring comes at a time of leadership transition. Former director-general Tim Davie stepped down earlier this month, with Matt Brittin, a former Google executive, set to take over the role on May 18, 2026.
While some cost-cutting measures are being implemented immediately, the majority of the structural changes are expected to roll out over the next few years, with full savings targeted by the 2027–2028 financial year.
The broadcaster had earlier signalled its intent to reduce its cost base by around 10 per cent over a three-year period, warning of “difficult choices” as it adapts to shifting economic realities and audience expectations.
With operating costs hovering around £6 billion annually, the BBC’s latest move underscores the scale of the financial challenge it faces, as it balances public service commitments with the need for long-term sustainability in an increasingly competitive media landscape.
