News Broadcasting
Starting Sept 2, Howe and Howe Tech will air weekdays at 10:00 pm on discovery turbo.
World Record holders and identical twin brothers, Mike and Geoff Howe, design and build the coolest machines ever seen. From high-speed military tanks to the Personal Assault Lander (PAL) that can travel on water and land, Discovery Turbo’s latest series Howe and Howe Tech reveals their extreme vehicle modification projects for exclusive clientele such as the U.S. Army and Special Weapons And Tactics (SWAT).
Howe and Howe Techfollows the family business of Howe brothers, as they stretch the limits of creativity and innovation by building ingenious off-the-wall machines with their loyal shop crew. The company prides itself on outside-the-toolbox thinking, resilience and never-quit attitude, and thus, continues to exceed expectations and impress industry and clients alike, from the US Government to National utility companies to Hollywood movie makers.
In one such undertaking, the crew builds the Subterranean Rover 1 – a rugged off-road vehicle designed to travel deep into coal mine tunnels. Mike and Geoff however decide to go one step further and design a weapon component. This “Dragon Tail” weapon technology – a spear-like device that can latch on to and drag away suspicious vehicles – has the capacity to save the lives of U.S. soldiers in combat.
Only the highest-skilled mechanists, welders and jacks-of-all-trades ready for just about anything Mike and Geoff throw at them can survive these endeavours. For the tumultous twins, no idea is “too crazy” to try, but the success or failure of each invention could make or break their enterprise.
Catch some of the most exciting innovations in the following episodes of Howe and Howe Tech:
Ripsaw Revolution: The US Army has asked the Howe brothers to modify their most famous vehicles, two high-speed tanks “Ripsaw MS1” and “Ripsaw MS2”. Ripsaw MS1 is a remote-controlled tank and Ripsaw MS2 is a manned version. The publicity is great but the rigorous test-drive for the TV cameras ruins the wheels on MS-2 and the twins have to order new ones.
Ripsaw’s Mini Me: Geoff and Mike get the idea to build a miniature version of the Ripsaw, an ultra-fast military tank. They call their newest invention “Mini-Rip” and market it to the general public as a recreational vehicle. Meanwhile, the team gets an order for three more SR-1 Subterranean Rovers and Geoff has to go down to Texas to show off the Ripsaw’s amazing abilities in hopes of getting more contracts with the army.
RipTide is Born – Mike and Geoff are underway on their biggest project ever: the Riptide, an amphibious tank prototype for the US Army. Mike wants to begin ordering armor to protect its vital computer systems, but Geoff has a different idea. He wants to build his own armor. An argument ensues ending in a friendly challenge: Mike, Geoff and shop foreman Will will each design and build their own armor. To find out whose armor works best, they head out to the test pit and fire large rounds at the prototypes. In the meantime, the Howes receive an email from a disabled Vietnam veteran named Rocky who inspires them to build a rugged all-terrain vehicle designed specifically for people in wheel chairs. They call it RipChair. Young engineer Josh and new welder Dee take the lead on putting this new prototype together. As the deadline looms, a last minute test run nearly wrecks the project. The crew needs to work late into the night to get their prototype ATV in tip top shape in time for Rocky’s emotional test drive.
Badger Resurrected: Members of a SWAT unit have put in a request to see a field test of a fully functioning Badger, the world’s smallest armoured tank. But after the last blast test blew its tracks to pieces, the Howe brothers are left scrambling to resurrect the Badger. Adding to the time crunch, the crew still has to work on building three Subterranean Rovers for a mining company and they are way behind.
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.
