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BBC’S World debate to tackle Prime Minister Modi’s first 100 days in power

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MUMBAI: BBC World News will be turning the spotlight on India’s new government as the channel presents its World Debate programme from the World Economic Forum in Delhi.

With the title ‘Modi’s India: Free, Fair and Prosperous?’ a panel representing the Indian government, the business community and Indian civil society will be discussing Narendra Modi’s economic policy, his government’s performance after more than 100 days in power and the challenges ahead.

Presenter NikGowing will be moderating the Debate in front of a live audience, as guests including Sunil Bharti Mittal, CEO of Bharti Enterprises and political and social activist Aruna Roy consider whether India can secure long-term economic growth whilst reducing inequality and poverty and upholding political and individual freedoms.

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The debate will be recorded at WEF on Thursday, 6th November.  NikGowing will take questions from the floor in Delhi and from the BBC World News audience around the world via the channel’s Facebook page and on Twitter – #bbcworlddebate.

Viewers can then catch ‘The World Debate – Modi’s India: Free, Fair and Prosperous?’ on BBC World News on Saturday 8th November at 2.40 pm IST and on Sunday 9th November at 7.40 am and 8.40 pm IST.

 

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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.

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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.

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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.

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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.

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