News Broadcasting
Season 4 of ‘Runway to Success’ from Lufthansa and Times Network takes off
MUMBAI: 50,000 contestants are vying for top honours in Season 4 of India’s biggest SME stage, Lufthansa Runway to Success. The 10-episode television series, produced in partnership with The Indus Entrepreneurs (TiE) and India’s premier business broadcast channel ET Now, begins 4 June 2016.
Lufthansa Runway to Success has grown exponentially over the past three years to be amongst India’s most popular platform for start-ups & SMEs. Preceding the competitive leg each year, are free mentorship camps held across the country where over 50 mentors invest time in guiding young entrepreneurs. Additionally, this season saw for the first time ‘The Start-up Expo’, co-created by Lufthansa, and recognised as India’s largest ecosystem for start-ups. The unique event brought together 10,000 participants and led to 50,000 applicants for the TV series, a 100 per cent increase over last season.
From the vast array of contenders, the 21 most innovative ventures will be shortlisted by TiE business experts to compete in the series. The Grand Prize winner will fly away with a seat at the prestigious Design Thinking Boot Camp at Stanford University sponsored by Kalaari Capital, a Business Class ticket to any destination in the US and coveted mentorship from TiE.
In partnering the success of Indian business, the Runway to Success platform reflects Lufthansa’s Nonstop You philosophy which pledges a relentless focus on its customers and people in the community. It also reinforces the airline’s commitment to be ‘More Indian than you think.’
“It has been an absolute privilege for Lufthansa to be an enabler in India’s entrepreneurial revolution. The overwhelming response to the Runway to Success platform has led to its progressive expansion over the past three years into what is today a nationwide campaign. It is also an affirmation of the fact that as an airline, Lufthansa truly has an Indian heart within a German soul,” said Wolfgang Will, Director, South Asia, Lufthansa German Airlines.
“At a time when young entrepreneurs are the driving force of the Indian economy, Runway to Success is recognized as a crucial growth catalyst for Start-ups and SMEs,” said TiE Delhi-NCR executive director Geetika Dayal. “The unprecedented success of this platform, built through a unique partnership with TiE, reflects Lufthansa’s strong commitment to enabling the success of entrepreneurs in India.”
The Runway to Success TV series will feature leading icons such as C P Gurnani, CEO and Managing Director, Tech Mahindra; Dr. Mahesh Gupta, President, PHD Chamber, and Chairman & Managing Director, Kent RO Systems; Ajay Kaul, CEO, Jubliant FoodWorks; Alok Kejriwal CEO and co-founder, Games2win; Dilip Chhabria, founder DC Designs; celebrity chef Sanjeev Kapoor; and Sri Madhu Pandit Dasa, Chairman, The Akshaya Patra Foundation. These pioneers will inspire, motivate, mentor and select the best among 3 shortlisted entrepreneurs in each episode, who will each win a Business Class ticket to the US, and then go on to compete in the semi-finals and finale for the Grand Prize. A parallel “Viewer’s Choice” award will also be decided via social media, through online voting based on elevator pitch videos by the contestants.
This year, the Runway to Success TV series was preceded by mentorship camps in 10 cities, including Jaipur, Hyderabad, Chandigarh, Pune and Chennai amongst others. This was followed by the first-ever ‘Start-up Expo’ organized in Gurgaon end-April. The Expo attracted more than 30 investors, 100 partners, 200 start-up exhibitors, 500 mentors, and 10,000 participants. The one-day event facilitated over 700 business meetings, a start-up job fair, and day-long interactive workshops drawing over 3000 participants. It was attended by an array of government dignitaries and business icons including Mr. Amitabh Kant, CEO Niti Ayog & architect of the Government of India’s Start up initiative; Mr. Ramesh Abhishek, Secretary of Industrial Policy & Promotion (DIPP); Mr. Saurabh Srivastava Chairman Emeritus TiE, Delhi and NCR; Mr. Deep Kalra; founder, Makemytrip.com; Mr. Sanjeev Bhikchandani, Vice Chairman naukri.com amongst others.
Times Network CEO & MD M K Anand said, “Lufthansa Runway to Success is an experience which will inspire you ahead on the journey of entrepreneurship like never before with live access to illustrious minds, exciting discussions, and a grand celebration of the spirit of entrepreneurship. Lufthansa Runway To Success, now in its fourth season, is an excellent showcase of the ideas, efforts and achievements of SMEs, which deserve the biggest news audiences. As India’s most influential television network with the biggest English and Business news channels, we are pleased that our channel ET Now, India’s foremost business news channel, will provide it the right communication platform it deserves.”
Note to Editor:
Lufthansa Runway to Success season 4, India’s biggest SME stage will feature India’s 21 most innovative ventures who inspired, guided and mentored by 7 pioneers. Please find below a brief profile of the participants as well as pioneers.
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.
