Network18 Media and Investments on Monday reported a 23.4 per cent rise in revenues to Rs 2400 crore for 2012-13, driven by strong growth in its broadcast and digital businesses. The strong topline growth helped narrow operating losses 87 per cent to Rs 39 crore for the year. Net loss for the year declined to Rs 105.5 crore from Rs 392.7 crore the year before.
Revenues from the broadcast and motion picture businesses under TV18 Broadcast rose 20 per cent, to Rs 1699 crore, driven by a strong growth in advertising revenue and the net distribution income (subscription revenue minus carriage fee and commissions paid to cable operators, DTH providers) turning positive. (Click here for more details)
Digital content and eCommerce business grew to Rs 400.9 crore for the year, up 193 per cent year-on-year (adjusted for the sale of Newswire18). The segment reported revenues of Rs 110.4 crore for the quarter, a growth of 200 per cent over last year.
During the year, Network18 profitably sold its entire stake in Newswire18, divested its Yellow Pages and Askme businesses and diluted its majority stake in Bookmyshow. These transactions, in line with the strategy to exit non-core businesses, added Rs 180 crore to the annual profit and raised Rs 235 crore for the Network18 Group....
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05:33 PM, May 13, 2013
Network18 Group subsidiary TV18 Broadcast today reported a net profit of Rs 20.9 crore for the quarter ended March 31 as against a net loss of Rs 8.26 crore in the same period a year ago. Reported revenues for the television and motion pictures business (including IndiaCast) stood at Rs 474.7 crore for the quarter. For 2012-13, revenue stood at Rs 1,699.1 crore. It also swung into profit at operating...
03:55 PM, May 13, 2013
CNBC TV18 has emerged as the clear winner as far as the race for the leadership position for business channels coverage of the Union Budget is concerned. Despite its bevy of competitors, CNBC TV18 has managed to stay ahead and remain the head of the pack. ...
04:34 PM, Mar 08, 2013
Network18 Media and Investments reported a net profit at the consolidated level for the December quarter, led by strong performances in its broadcasting and digital businesses while TV18 Broadcast turned corner during the quarter driven by strong growth in broadcasting and distribution revenues. Network18's net profit stood at Rs 6.8 crore and operating profit at Rs 10.6 crore and TV18 reported consolidated net profit of Rs. 21.3 crore with quarterly...
03:37 PM, Jan 19, 2013
Roswell: Skydiver Felix Baumgartner's attempt at the highest, fastest free fall in history on Tuesday is more than just a stunt. His planned 23-mile dive from the stratosphere should provide scientists with valuable information for next-generation spacesuits and techniques that could help astronauts survive accidents. Jumping from more than three times the height of the average cruising altitude for jetliners, Baumgartner hopes to become the first person to break the...
11:58 AM, Oct 09, 2012
On Tuesday evening at 6 pm, 43-year-old Austrian sky diver Felix Baumgartner will do the unthinkable. He will jump from a height of 1,20,000 feet above ground level and become the first skydiver to break the sound barrier in the highest and fastest freefall in history. The event will be telecast live on History TV18 at 6pm. Living on the edge comes quite naturally to Felix. He says, "Since I...
11:35 AM, Oct 09, 2012
Austrian sky diver Felix Baumgartner will on Tuesday attempt to jump from the edge of space itself. Jumping from 1,20,000 feet above the ground level, he will be the first skydiver to break the sound barrier in the highest and fastest freefall in history. Watch it live at 6 pm on Tuesday, only on History TV18. ...
11:18 AM, Oct 09, 2012
New Delhi: TV18 has bagged five trophies at the prestigious Ramnath Goenka Awards for excellence in Journalism, with three of them for CNN-IBN. It was a proud evening for Network18 at the fifth Ramnath Goenka awards for excellence in journalism, an award that recognizes standout performances in print and television journalism. In the true spirit of 'whatever it takes' was CNN-IBN's Preeti Singh who went deep inside the flood affected...
09:53 AM, Jan 17, 2012
Mumbai: Candidates, who cleared the CAT this year, would want to know which is the best B-School in India to apply to. CNBC-TV18 is out with its annual B-School rankings study. IIM Ahmedabad has again topped the list of CNBC-TV18's annual B-school rankings, but IIM-Bangalore is close on the heels. The fourth edition of the CNBC-TV18's 'India's Best B-Schools 2012' ranking covered 145 B-Schools and 235 recruiters, making it one...
07:47 AM, Jan 12, 2012
New Delhi: IIM-Ahmedabad has again topped the list of CNBC-TV18's annual B-school rankings, but IIM-Bangalore is close on the heels. The 4th edition of the annual ranking study, 'India's Best B-Schools 2012' covers 145 B-Schools, 235 recruiters and 217 faculty members, across a dual methodology, making it one of India's leading and most comprehensive rankings for management education. IIM Ahmedabad led the rankings and continues to be the benchmark for...
08:02 PM, Jan 11, 2012
New Delhi: In a significant move, Network 18 and TV 18 announced an expansion into regional news and entertainment on television through a Rs 2,100-crore acquisition of ETV channels. Both the companies also announced rights issues for themselves, each amounting to Rs 2,700 crore. The proceeds will be used to make both the companies debt-free, finance the ETV acquisition, and fund working capital requirements. Importantly, Raghav Bahl will retain management...
03:48 PM, Jan 03, 2012
Mumbai: In a pioneering move, CNBC-TV18, India's No 1 business news channel, has launched a new premium business news service, 'CNBC-TV18 Prime HD', focused on the needs of India's rapidly expanding investor and financial services community. Available in addition to the existing CNBC-TV18 channel, 'CNBC-TV18 PRIME HD' will be broadcast on India's leading DTH platforms in HD quality, in effect making CNBC-TV18 the first business news channel to foray into...
09:24 AM, Nov 14, 2011
Mumbai: In a pioneering move, CNBC-TV18, India's No. 1 business news channel, will be launching a new premium business news service, 'CNBC-TV18 Prime HD', focused on the needs of India's rapidly expanding investor and financial services community. To be available in addition to the existing CNBC-TV18 channel, 'CNBC-TV18 PRIME HD' will be broadcast on India's leading DTH platforms in HD quality, in effect making CNBC-TV18 the first business news channel...
10:50 AM, Oct 25, 2011
New Delhi: The factual entertainment channel History launched its India edition as part of a joint venture between TV18 and A+E Networks. History is the first in a bouquet of factual entertainment channels to be launched by the joint venture. The channel is now available in six languages (English, Hindi, Tamil, Telugu, Bengali and Marathi) in full HD across all major markets in India and will reach out to more...
09:39 AM, Oct 10, 2011
Improve our roads, improve our colleges, feed our masses, provide better health services. These are voices of the aam aadmi " the man on the street. Can innovation help to address their concerns? Can we actually find solutions to our own problems by using new ways and new methods? We spoke to Sam Pitroda, the Head of the National Innovation Council on these issues, and this is what he had...
02:30 PM, Aug 11, 2011
For millions of people in strife torn areas across the world, the name Jaipur doesn't just remind one of a tourist destination. It evokes hope that they shall be able to walk independently for the rest of their lives. Invented in 1965, and named after the city, Jaipur Foot or affordable prosthetic limb has been used by victims of landmines all over the world over the last several decades. The...
01:12 PM, Aug 08, 2011
Innovation begins by unbiased thinking and asking questions, that's what was believed by nineteenth century economist JA Schumpeter. Schumpeter's ideas of creative destruction as the basis of innovation of copy the innovation of many economists over the years. He believed that the purpose of innovation was to create a new insight, new vision and solutions to problems and that to replaces his million solutions with better one's can stay free...
03:40 PM, Jul 29, 2011
"He is the best of kings who has wisdom, who is possessed of liberality... who is prompt in action, who has his wealth under control, who is high-minded and who vigorously pursues to completion all the work commenced by him." -- Mahabharata Pursuing works to completion, this is not something that Indian politicians are given to doing easily. Once the pomp and show of announcing mega plans fades away, few...
12:58 PM, Jul 27, 2011
Behind every big movement lies the germ of a great idea, behind every change the power of a thought now be it governance, society or our systems, changes can only began with an idea. It is to plan these ideas that the nation innovation council is working. The council has set itself the five prompt approach to introduce all round innovation across platform, inclusion drivers and ecosystem. What does all...
11:01 AM, Jul 13, 2011
New Delhi: "The sacred task of a king is to strive for the welfare of his people incessantly. The administration of the kingdom is his religious duty. His greatest gift would be to treat all as equals." - Chanakya, Arthashastra. Simple and logical and yet Chanakya's principles on good governance have been ignored by kings and politicians alike. Even as India grapples with the cancer of corruption, a slow moving...
10:29 AM, Jun 15, 2011
