Network18 Media & Investments reports a widened consolidated loss of Rs 1,435 crore for Q3FY25, a significant increase from the previous year’s Rs 59 crore. Revenue from operations also fell by 23% to Rs 1,361 crore. Viacom18’s business has merged with Star India, forming a major broadcasting JV with Reliance Industries investing Rs 11,500 crores.
Gold poised for weekly loss as US delays decision on Middle East involvement
Gold prices remained stable on Friday but are set for a weekly loss as President Trump delayed a decision on intervention in the Israel-Iran conflict.