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.
Rupee sees sharp swings, closes at 85.26/dollar
This was the second consecutive day the rupee appreciated past the 85 levels, but could not sustain there due to likely intervention by the Reserve
April 30, 2025