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Indian news broadcaster NDTV posts Q2 loss as operating, production costs weigh  India's New Delhi Television (NDTV) posted its fourth-straight quarterly loss on Wednesday, as the news broadcaster's expenses surged. The company, 64.7% of which is owned by ports-to-energy conglomerate Adani Group, reported a loss of 527.7 million rupees ($6.28 million) for the July-September quarter, compared to a profit of 59.1 million rupees in the year-ago period. NDTV's total expenses surged 76% on the back of a jump in operating as well as production and market...
Indian news broadcaster NDTV posts Q2 loss as operating, production costs weigh
Indian news broadcaster NDTV posts Q2 loss as operating, production costs weigh
Source: Reuters
2024-10-23 04:35:48 pm
Prime Minister Narendra Modi congratulates RBI Governer for top global rating 2nd time in a row Prime Minister Narendra Modi on Wednesday congratulated RBI Governor Shaktikanta Das on being rated “A+” for the second time in a row in the ‘Global Finance Central Banker Report Cards 2024’.  Responding to a post on X by the Reserve Bank of India, PM Modi said, “Congratulations to RBI Governor Shri @DasShaktikanta for this feat, and that too for the second time”. “This is a recognition of his leadership at the RBI and his work towards ensu...
Prime Minister Narendra Modi congratulates RBI Governer for top global rating 2nd time in a row
Prime Minister Narendra Modi congratulates RBI Governer for top global rating 2nd time in a row
Source: IANS
2024-08-21 10:59:02 am
Rate cut only after durable alignment of inflation to 4 pc target: RBI chief A decision on reducing the key policy repo rate will depend on keeping inflation in check and the fall in food and vegetable prices in July was not enough to cut rates, Reserve Bank of India Governor Shaktikanta Das told NDTV in an exclusive interview on Tuesday.  “Any reduction in the policy rate will also depend on future data, with inflation being the biggest influencer,” the RBI chief told NDTV Editor-in-Chief Sanjay Pugalia. "What we seek is a durable alignmen...
Rate cut only after durable alignment of inflation to 4 pc target: RBI chief
Rate cut only after durable alignment of inflation to 4 pc target: RBI chief
Source: IANS
2024-08-21 09:42:32 am
Banks must monitor gap between credit and deposit growth: RBI Governor Banks need to carefully monitor the persistent gap between credit and deposit growth because it could become a challenge, leading to liquidity issues, Reserve Bank of India Governor Shaktikanta Das told NDTV Profit in an exclusive interview on Tuesday.  "We are cautioning banks to monitor this situation carefully. There is no problem now, but it can become a structural liquidity problem in the future," Das said. Banks should also carefully monitor the change in investment...
Banks must monitor gap between credit and deposit growth: RBI Governor
Banks must monitor gap between credit and deposit growth: RBI Governor
Source: IANS
2024-08-21 09:38:37 am
Media major NDTV clocks robust revenue growth at 34 pc in Q1 FY25 Leading news network NDTV on Monday reported a significant revenue surge at 34 per cent (year-on-year) in the April-June quarter, outpacing the performance of the previous year's first quarter by a substantial margin.   The rise in revenue was driven by the Lok Sabha election programming and 44 per cent growth in digital traffic. Building on the momentum from the last fiscal year, NDTV continued its strategic investments in upgrading its infrastructure and expanding its distrib...
Media major NDTV clocks robust revenue growth at 34 pc in Q1 FY25
Media major NDTV clocks robust revenue growth at 34 pc in Q1 FY25
Source: IANS
2024-07-30 09:30:50 am
Indian broadcaster NDTV's Q1 loss widens on higher production, marketing costs Indian broadcaster NDTV reported a wider first-quarter loss on Monday, as a rise in expenses overshadowed revenue from political advertisements during the country's general elections. The Adani Group-owned news broadcaster reported a loss of 467.5 million rupees ($5.6 million) in the April-June period, compared to a loss of 81.3 million rupees a year before. Quarterly expenses were surged around 77%, with production costs, among broadcasters' biggest expenses, up 80% and marketi...
Indian broadcaster NDTV's Q1 loss widens on higher production, marketing costs
Indian broadcaster NDTV's Q1 loss widens on higher production, marketing costs
Source: Reuters
2024-07-29 05:32:08 pm
All states have got funds in Union Budget as in the past: FM Nirmala Sitharaman Finance Minister Nirmala Sitharman said on Friday that just like in the past, all states have been allocated funds in the Union Budget 2024-25, and no state has been denied anything.  In an exclusive interview with Sanjay Pugalia, CEO and Editor-in-Chief of NDTV Network, the Finance Minister rejected the opposition’s claim that her Budget speech mentioned only two states -- Andhra Pradesh and Bihar, both ruled by the BJP's key allies.  She pointed out that the Centre...
All states have got funds in Union Budget as in the past: FM Nirmala Sitharaman
All states have got funds in Union Budget as in the past: FM Nirmala Sitharaman
Source: IANS
2024-07-27 09:44:22 am
NDTV partners Google, new user growth up by 24 per cent NDTV has achieved remarkable success through its innovative partnership with Google, focusing on real-time data insights to refine its content strategy, the media house said.   With this partnership, NDTV witnessed substantial growth as the new user growth increased by 24 per cent, page views moved up by 12 per cent, average session duration extended significantly, and bounce rate improved by 3.7 per cent -- within the first quarter. "To further enhance our standards, our edit...
NDTV partners Google, new user growth up by 24 per cent
NDTV partners Google, new user growth up by 24 per cent
Source: IANS
2024-06-22 09:37:27 am
Apple exports iPhones worth over Rs 16,500 crore from India in April-May  Buoyed by the production-linked incentive (PLI) scheme of the Prime Minister Narendra Modi-led government, Apple has managed to export iPhones worth more than Rs 16,500 crore (nearly $2 billion) in the first two months of the ongoing financial year (FY25), shows industry data.  According to the data, this accounts for more than 80 per cent of the country's total production/assembly of iPhones. The key Apple suppliers (including Foxconn which leads the total exports at abo...
Apple exports iPhones worth over Rs 16,500 crore from India in April-May
Apple exports iPhones worth over Rs 16,500 crore from India in April-May
Source: IANS
2024-06-12 11:14:10 am
NDTV shares surge more than 4.8 pc as market reaches all-time high As the stocks of Adani Group portfolio companies surged on Friday while the Sensex and Nifty climbed over 2 per cent to close at record high levels, the shares of NDTV climbed more than 4 per cent, the highest among the group companies.   The shares of Adani Group Portfolio made a strong comeback.  NDTV climbed 4.85 per cent, the highest among the Adani Group companies.  Adani Enterprises’ stock went up by 1.1 per cent, Adani Ports and SEZ saw a gain of 1.9 per c...
NDTV shares surge more than 4.8 pc as market reaches all-time high
NDTV shares surge more than 4.8 pc as market reaches all-time high
Source: IANS
2024-06-08 11:27:17 am
Shares of Adani Portfolio companies rebound, led by Adani Green The shares of Adani Group's portfolio of companies made a strong comeback on Wednesday, led by Adani Green Energy and Adani Ports, as the stock markets recovered from Tuesday's losses.  Nine of the 10 listed Adani companies ended with gains, led by Adani Green Energy at 11.01 per cent, and Adani Ports and Special Economic Zone at 8.59 per cent.  Ambuja Cements jumped 7.47 per cent and the flagship Adani Enterprises zoomed up 6.02 per cent. While ACC stock went up 5.20 ...
Shares of Adani Portfolio companies rebound, led by Adani Green
Shares of Adani Portfolio companies rebound, led by Adani Green
Source: IANS
2024-06-05 05:46:46 pm
Shares of Adani Group`s listed firms see sharp rally, Adani Enterprises surges 8 pc The Adani Group companies’ stocks saw great momentum on Thursday as the Indian indices went through a sharp rally, with the flagship Adani Enterprises jumping 8 per cent to emerge as the top gainer.  The surge in shares of Adani Enterprises (AEL) came amid reports of its likely inclusion in the 30-share BSE Sensex, replacing Wipro in the upcoming rejig of the benchmark index which can be announced on Friday. “We expect the inclusion of Adani Enterprises and exclusion of...
Shares of Adani Group`s listed firms see sharp rally, Adani Enterprises surges 8 pc
Shares of Adani Group`s listed firms see sharp rally, Adani Enterprises surges 8 pc
Source: IANS
2024-05-24 09:28:32 am
NDTV clocks 59 per cent revenue growth in Q4, digital traffic jumps 39 per cent The NDTV Group on Friday announced 59 per cent revenue growth in the fourth quarter (Q4) of the last financial year (FY24), compared to the same period last year. NDTV Convergence, the company’s digital arm, also saw a significant 39 per cent increase in global digital traffic in March 2024 over April 2023 on its platforms. The Q4 revenue is at Rs 106.5 crore in the current year (CY) versus Rs 67 crore last year (LY). During the last financial year, NDTV expanded its presence a...
NDTV clocks 59 per cent revenue growth in Q4, digital traffic jumps 39 per cent
NDTV clocks 59 per cent revenue growth in Q4, digital traffic jumps 39 per cent
Source: IANS
2024-04-27 09:57:15 am
Domestic manufacturing set to pick up in India: Capitalmind`s Deepak Shenoy Buoyed by the Production-Linked Incentive (PLI) schemes offered by the government and increased spending on infrastructure, domestic manufacturing activities are expected to pick up in the country, says Deepak Shenoy, CEO of Capitalmind Financial Services Pvt. "There will be, I think, a marked increase in activity for domestic manufacturers specifically in the infrastructure sector, the machinery sector, in B2B, commerce and perhaps later down the road, in domestic consumption as well...
Domestic manufacturing set to pick up in India: Capitalmind`s Deepak Shenoy
Domestic manufacturing set to pick up in India: Capitalmind`s Deepak Shenoy
Source: IANS
2024-02-19 04:26:29 pm
India's Zee Entertainment Q2 profit rises on movies, subscription boost India's Zee Entertainment Enterprises on Thursday reported its first profit in three quarters, as strong demand for its movies and a pickup in subscriptions eclipsed a decline in advertisement revenues. The media and entertainment company posted an 8.9% rise in consolidated net profit to 1.23 billion rupees ($14.77 million)for the second quarter ended Sept. 30. The company, which owns TV channels including Zee TV and Zee Cinema, posted an 8% rise in its subscription revenue on a yea...
India's Zee Entertainment Q2 profit rises on movies, subscription boost
India's Zee Entertainment Q2 profit rises on movies, subscription boost
Source: Reuters
2023-11-10 09:15:08 am
India`s Adani-owned NDTV Q2 profit falls amid advertising woes India's New Delhi Television Ltd (NDTV), part of the Adani Group, reported a nearly 51% drop in second quarter profit on Monday, as businesses cut back on advertising spending in the face of rising interest rates.Consolidated net profit was 59.1 million rupees ($710,803.00) in the three months to Sept. 30, compared with 120.1 million rupees a year earlier, it said in an exchange filing.Indian broadcasters are grappling with slowing advertising spending as businesses clamp down on discretionar...
India`s Adani-owned NDTV Q2 profit falls amid advertising woes
India`s Adani-owned NDTV Q2 profit falls amid advertising woes
Source: Reuters
2023-10-23 04:42:46 pm
Disney in talks with Gautam Adani, Sun TV to sell India assets The Walt Disney Co. is holding preliminary discussions with potential buyers for its India streaming and television business, including with billionaires Gautam Adani and Kalanithi Maran, Bloomberg reported.The US entertainment giant?s senior executives have also gauged the interest of private equity funds considering the company is exploring a range of options, which could involve selling part of the Indian operations or a combination of the unit?s assets including sports rights and regional...
Disney in talks with Gautam Adani, Sun TV to sell India assets
Disney in talks with Gautam Adani, Sun TV to sell India assets
Source: IANS
2023-10-07 10:19:02 am
Around 22 countries exploring bilateral trade with India in rupee - finance minister Around 22 countries were negotiating and exploring bilateral trade with India in rupees, Nirmala Sitharaman, the South Asian country's finance minister said on Friday."About 22 countries are negotiating and approaching us to see if bilateral trade can be held (in rupees). It is also because many of... those countries are running short of dollar," Sitharaman told news channel NDTV during an interview.
Around 22 countries exploring bilateral trade with India in rupee - finance minister
Around 22 countries exploring bilateral trade with India in rupee - finance minister
Source: Reuters
2023-09-15 11:44:27am