News Broadcasting
Zee News exposé ‘Operation Mani’
Zee News exposé: Operation Money
New Delhi, Feb 04: In an exclusive exposé, Zee News has unravelled the reality of prisons and prisoners in Uttar Pradesh. For the first time in the Indian television history, Zee News has successfully captured the unimaginable state of affairs of the U.P jails on the record.
A prison, as per the dictionary meaning, is a place or condition of confinement or forceful restrains, but not in the Uttar Pradesh. Here, if you are a politician lodged in a jail, especially a close associate of the ruling party, you are not in a forceful imprisonment but in a fiefdom of your own.
In what seems to be a scene from a Hindi film, U.P.MLA Amarmani Tripathi, officially lodged in the jail, is running his business and serving his constituency freely from it.
When Zee News correspondent entered the jail premises, he was aghast to see the situation there. Amarmani was not confined to a prison cell along with other fellow prisoners. Instead, the entire barrack, officially designated to host 24 prisoners, was converted as his courtroom. In the barrack, Amarmani held his ‘darbar’ in which all his supporters came with their list of works and complaints.
When our correspondent sought a favour from Amarmani, he took out his mobile from his pocket- the access of mobile phone to prisoners is officially prohibited- and dialled the concerned official immediately from there in. Not only Amarmani, but also his fellow accomplishes in ‘Madhumita’ murder case had access to everything: mobile sets, liquors and other drugs too. They were also carrying their business as usual
from there. As a result of Zee News exposé, the Central government has sought explanation from the U.P government in the matter.
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.
