BCCL has achieved this scale mainly through diversification into a variety of non-print media and ploughing its surplus cash into many venture-fund like investment bets.
Modest growth, stagnant core business profitability, and poor shareholder returns combined could be the reasons for cost-cutting and streamlining its workforce.
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The ongoing battle between Gujarat MLA Jignesh Mevani and Republic Television took a new turn when he was to address a press conference in Chennai today. Mevani at first objected to the Republic journalist being present but agreed to his being there if he didn't ask any questions. The journalists initially agreed but when Mevani still insisted that the Republic journalist leave, the Chennai media decided to boycott him.                        

Television Post reports that the MSO Hathaway has switched  off the Times Network owned channels from its platform for non-payment of outstanding dues.  Hathaway had apparently been running scrolls informing subscribers about the impending switch-off. Hathaway and Times had signed a one year fixed fee deal which Times Network wanted revisited, though the contract runs till March.                

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