In the past five years TV Today has seen a sharp acceleration in revenue growth and profit margins.
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.
Subscribe To The Newsletter

Paid news falls within the citizen's right to free speech and the Election Commission has no business trying to stop it, according to the Delhi High Court. ET reports that while the EC thinks paid news is a major challenge to conducting free and fair elections, and 15 cases of paid news were identified in the recently concluded Karnataka polls, the HC says the EC's remit is confined to the poll expenditure of a candidate, and not the content of the advertising s/he spends on.                                                             

Journalists covering the ongoing protest of residents of the coastal town of Thoothukudi in Tamil Nadu were at the receiving end of police violence and found their cameras and cellphones snatched. The residents were demanding immediate closure of Vedanta Sterlite's copper operations and the agitation turned bloody, leaving 9 persons dead in police firing.          

View More