News Broadcasting
Al Jazeera goes behind the scenes on Narendra Modi’s campaign
MUMBAI: As part of its election programming, Al Jazeera English takes the viewers on a campaign trail with Gujarat State Chief Minister Narender Modi in his bid to become India’s next prime minister.
A special from 101 East, ‘Modi the Messiah?’ premieres on Friday, April 25 and will examine the anticipation around Bharatiya Janata Party (BJP) Prime Ministerial candidate Narendra Modi. Reporter Karishma Vyas gathers views from leaders from BJP, political scientist and industrialists in Gujarat where Modi has been in power as the state’s Chief Minister and residents of the state.
Prakash Javadekar, Member of Parliament Rajya Sabha and a leader of Bharatiya Janata Party sharing his views about Modi with Al Jazeera: “This time people are voting for aspiration, for progress. This is a radical change which is happening in the parliament election. This election is all about development, development, development. Inflation, unemployment, stagnation, all has caused great pains for common people and corruption. There is a feeling in the people that they have been looted left, right and center. Modi is the man of integrity, man of honesty, incorruptible record and performance. People want delivery; he is the man of delivery”.
Kalpesh A Patel, Executive Director, Nirma said, “We have already been serving the benefits of Mr. Modi as a head of the state, and I think the entire nation is looking to him to shoulder the responsibility so why only should Gujarat benefit? The entire country should benefit and the entire country should prosper and see the change and the improvement in the process.”
Zoya Hasan, a political scientist and a former member of the National Commission for Minorities says, “This is a highly competitive election as never before. There’s a Hindu undercurrent running through the Modi campaign even though it is not upfront and upfront is talk of development. It’s been a procession of support from the corporate sector because they see Modi as business friendly, as someone who is prepared to do what it takes to promote economic growth unhindered. Modi is an extremely autocratic, authoritarian leader who is being presented in this campaign as the decisive leader that India needs.”
However, a shadow hangs over his candidature, as Chief Minister in Gujarat state the self-proclaimed Hindu nationalist presided over one of the worst massacres of Muslims in the Indian history. In February 2002, four months after Modi became the state’s chief minister – deadly communal clashes engulfed the streets of Gujarat. Though, Modi has denied culpability in these riots, and a Supreme Court ordered investigation has concluded that there isn’t enough evidence to charge him with any crime.
One of the riot victims said, “We lost our family, we lost our neighbours, we lost the people that were in our lives every day. I pray to God for them. I sit here and remember them. It feels like they’re still with me and I’m sitting with them.”
101 East is a weekly television programme, broadcast by Al Jazeera English that focuses on current affairs in Asia and the Pacific.
Tune into Al Jazeera on Dish TV 618 and Tata Sky Channel 518 on April 25 at 1500 IST to catch the premiere of 101 East Modi the Messiah? episode
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.
