News Broadcasting
Santa Claus Is Coming to Town!
MUMBAI: Christmas traditions are practiced in many different ways. For some, it’s reading Charles Dickens’ “A Christmas Carol” or Clement Clarke Moore’s “The Night Before Christmas”. While others enjoy watching “The Nutcracker” ballet or “How the Grinch Stole Christmas” on television.
Yet, others maybe prefer tracking Santa’s Christmas Eve journey, compliments of the North American Aerospace Command, Verizon and the rest of the NORAD Tracks Santa team. For the 11th consecutive year Verizon employees will again join more than 1,250 Christmas Eve volunteers – including military personnel, their families and friends, and other corporate contributors – in answering calls and e-mails to the NORAD Tracks Santa hotline and operations center.
To enable children around the world track Santa’s progress, Verizon is providing the toll-free hotline – 1877-HI-NORAD (1-877-446-6723). The hotline will be in operation from 4:00 a.m. on Dec. 24 until 3:00 a.m. (Mountain Standard Time) on Dec. 25. (Callers outside North America can reach the hotline by dialing the local Colorado Springs number at 719-556-5211 using the applicable country code. International calling charges may apply.)
In addition, Verizon is providing call-handling technology, as well as its 4G LTE wireless network to help volunteers respond to e-mails and track Santa’s progress online.
Beginning at 12:01 a.m. MST on Dec. 24, children can visit the NORAD Tracks Santa website to see real-time information, including radar maps and streaming “SantaCam” video. Information will be available in English, French, Spanish, German, Italian, Japanese, Brazilian Portuguese, and Chinese.
Also starting on Dec. 24, children can send an e-mail to noradtrackssanta@outlook.com to find Santa’s whereabouts. For children (and adults) who are more tech savvy, a free downloadable NORAD Tracks Santa mobile app (iOS, Android, Windows) is available. Santa can also be tracked via Facebook, Google+, Twitter (@noradsanta) and YouTube.
“The holiday season is a powerful reminder of the importance of giving back,” said Michael Maiorana, senior vice president of public sector markets, Verizon Enterprise Solutions. “For over a decade, Verizon has been a part of the NORAD Tracks Santa team, donating a range of services that brings Santa alive to children around the globe by enabling them to speak with Santa’s helpers and track his travels online and via their mobile devices. This is a part of our Christmas tradition.”
In 2012, more than 114,000 phone calls and nearly 7,000 e-mails were received and answered. The NORAD Tracks Santa website had over 22.3 million unique visitors from 235 countries and territories during December 2012.
NORAD, the binational U.S.-Canadian military organization responsible for defending the aerospace of both countries, has tracked Santa for the past 58 years. The NORAD Tracks Santa tradition began in 1955 after a misprinted advertisement directed children to call the Continental Air Defense Command (NORAD’s predecessor organization) instead of a retailer’s special Santa hotline.
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.
