NETWORK18 RESULTS
NEET NET Result: Nearly 33 lakh students affected as govt agency fails the test
The Centre's handling of NEET and UGC-NET exams in 2024 has left nearly 33 lakh students affected due to alleged fraud and paper leak issues. Approximately 24 lakh science stream students preparing for NEET faced challenges including allegations of leaked papers and disputes over grace marks. Meanwhile, UGC-NET, traditionally a computer-based test (CBT) since 2018, unexpectedly shifted to a pen-paper format, leading to concerns about security and processing delays.
Jio outpaces Airtel in 4G/5G user additions during April
Active, or visitor location register (VLR) data put out every month by Trai indicates the number of mobile users regularly using a mobile network. As a result, Jio’s active user base jumped to 433.42 million users, while Airtel and Vodafone Idea’s active user base declined to 383.32 million and 192.64 million users respectively.
Q4 results: Stable costs boost India Inc. profits
Steady costs and firm domestic demand supported corporate performance in the March quarter.
Network 18, arms get NCLT approval to proceed with merger scheme
Network18 owns 51.17% of TV18 and 91.89% of E18. TV18 also owns a 13.54% stake in Viacom18, which is in the process of merging with Walt Disney's Star India.
These 5 energy stocks can give more than 18% returns in one year
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Odisha Assembly Election 2024 Winners List: Naveen Patnaik on the way out as BJP crosses majority mark
Odisha Assembly Election 2024 Winners List: Patnaik’s BJD has been a dominant player of state politics for over two decades, with the incumbent government presenting poverty alleviation and disaster management among its major achievements. Fondly called as Naveen Babu, Patnaik is the second longest serving CM in India, with his party going from strength to strength since 1997.
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Eye on AI: Tech giants form industry group, Apple-OpenAI deal and other top developments
Google, Microsoft, Intel and other tech companies have come together to take on chipmaking giant Nvidia. Apple partners with OpenAI. The ChatGPT maker is training its new flagship model to succeed GPT-4. Google is putting limits on AI search experience. French unicorn startup Mistral releases generative AI model for coding.
Apollo Hospitals Q4 Results: Net profit rises 76% YoY to Rs 254 crore
Revenue grew 15% YoY to Rs.4,944 crore in Q4FY24. The earnings before interest, tax, depreciation and ammortisation (EBITDA), EBITDA rose 31% YoY to Rs.640 crore in Q4FY24. The EBITDA margins expanded 161 basis points YoY to 12.95%.
The four battleground states that can swing election results
BJP strategizes to secure a third term, relying on allies to offset potential losses. Key states like Bihar, West Bengal, Odisha, and Maharashtra will influence Lok Sabha results. Challenges from regional parties, TMC in West Bengal, BJD in Odisha, and political uncertainties in Maharashtra may impact BJP's performance.
Investors will take final call on Zee leadership: Punit Goenka
Goenka, who is part of the promoter family that holds a 4% stake, is the longest-serving CEO of Zee. In 2019, Goenka was reappointed as the MD and CEO of the entertainment giant, beginning January 2020. The Securities and Exchange Board of India is investigating Goenka and his father, Subhash Chandra, for allegedly diverting the entertainment company's funds to promoter-owned firms.
Vodafone Idea Q4 Results: Net loss widens vs Q3; ARPU rise to Rs 146
Vodafone Idea’s net loss for the fiscal fourth quarter, FY24, widened sequentially to Rs 7,675 crore, dragged by high debt and even as it continued to lose subscribers.
Hero MotoCorp Q4 Results: Profit rises 18% YoY to Rs 1,016 crore
Hero MotoCorp declared a final dividend of Rs. 40 per share. This dividend together with interim and special dividend, marking the centennial year of Chairman Emeritus Dr Brijmohan Lall Munjal, of Rs.100 per equity share, takes the aggregate total dividend for the year 2023- 24 to Rs. 140 per equity share.
Hero MotoCorp Q4 Results: PAT jumps 18% YoY to Rs 1,016 crore; dividend declared at Rs 40 per share
Hero MotoCorp Q4 Results: The company had reported a profit of Rs 858.93 crore in the year-ago period. The PAT was broadly in line with the Street's estimates of Rs 1,026 crore. This was also its highest-ever revenue and profit after tax (PAT) for any financial year.
RIL Q4 Results: Net profit falls 2% YoY to Rs 18,951 crore, yet beats estimates
RIL Q4 Results: Reliance Industries reported a 2% fall in net profit to Rs 18,951 crore for the March 2024 quarter. Revenue from operations surged 11% to Rs 2.4 lakh crore, with strong growth in EBITDA and various business segments.
Network18 Q4 Results: Loss widens to Rs 96 crore; revenue jumps 63% YoY
Network18 Q4 Results: Segment-wise, TV news reported strong revenue growth during the quarter and full year, driven by an increase in advertising revenue across clusters.
Banking & financials lift Sensex 599 points higher despite IT selloff
The broader NSE Nifty climbed 151 points or 0.69% to finish at 22,147. Among the Sensex constituents, Bajaj Finance, M&M, HDFC Bank, JSW Steel, and Maruti emerged as the top gainers, registering gains of 2-3%. Infosys, HCL Tech, and TCS closed 0.6% to 1.2% lower, resulting in a 0.4% decline in the IT index.
Q4 results this week: HDFC Bank, Infosys, Wipro among 61 companies that'll announce earnings
Q4 results: Apart from the IT majors Wipro and Infosys, leading financial companies HDFC Bank and Jio Financial will also report their quarterly earnings during the week.
Sun TV Network Q3 Results: Cons PAT rises 7% YoY to Rs 454 crore
The broadcaster owns 35 TV channels in six languages and an OTT platform Sun NXT, besides FM radio stations across India. It also owns two cricket franchises Sun Risers Hyderabad and Sun Risers Eastern Cape in Indian Premier League and SA 20, respectively.
Fundamental Radar: Why is Satin Creditcare poised to see 18% upside in a year?
Satin Creditcare Network, a major player in the microfinance industry, has reduced delinquencies and resumed lending, driving AUM growth. The company has strengthened its balance sheet, risk evaluation, and underwriting practices. It has completed its capital raising plans and improved capital adequacy. With improving economic conditions, the microfinance industry is expected to continue growing.
Adani Total Gas Q3 Results: Net profit rises 18% YoY to Rs 177 crore
Adani Total Gas Q3 Results: Revenue from operations rose 5% year-on-year (YoY) to Rs 1,244 crore in the October-December period compared with Rs 1,185 crore in the same period last year.
Network18 Media Q3 Results: Net loss at Rs 107.87 crore; revenue drops 4%
The company had posted a profit of Rs 8.82 crore during the October-December period a year ago, according to a regulatory filing by Network18 Media & Investments Ltd.
TV18 Broadcast Q3 Results: Company reports loss of Rs 55.8 cr, revenue drops 5.2% to Rs 1,676.2 cr
TV18 Broadcast had posted a net profit of Rs 37.81 crore in the October-December period of the preceding fiscal, the company said in a regulatory filing. TV18 Broadcast's total expenses were up 5.2% to Rs 1,907.28 crore in the December quarter.
Q3 results today: HDFC Bank, Federal Bank among 30 companies to announce earnings
Q3 Results Today: HDFC Bank and 29 other companies listed on BSE will announce their December quarter earnings. Notable results to watch include Federal Bank, ICICI Lombard General Insurance Company, ICICI Securities, Bank of Maharashtra, CE Infosystems, Network18 Media & Investments, Newgen Software Technologies, and TV18 Broadcast.
Q3 results today: HCL Tech, Wipro among 18 companies to announce earnings
Today, the focus will be on the results of HCL Technologies and Wipro.. Other important results include HDFC Life Insurance Company, Anand Rathi Wealth, Aditya Birla Money, Den Networks, and Tata Metaliks. HCL Technologies is expected to beat sector seasonality with a rise in revenue, while Wipro's performance is expected to be muted due to furloughs and weak demand.
'Buy on rumour, sell on news' in play? Network18, TV18 stocks plunge post merger news
TV18 Broadcast and e-Eighteen.com Ltd will be merged with Network18, the companies said through separate exchange filings. Following this, shares of both companies plunged in trade on Thursday.
TV18, E18 to merge with Network18
The company said that the merger scheme will consolidate its broadcasting and digital media businesses into Network18 and will result in all the businesses being housed in one listed company, Network18.
Network18 Group to consolidate TV, digital ops; merge TV18 Broadcast with Network18 Media
Under the proposed merger scheme, shareholders of TV18 Broadcast will get 100 shares of Network18 Media for every 172 shares held in the former. Shareholders of E18 will receive 19 shares of Network18 Media for every 1 share held in the former.
Network18 Media Q2 Results: Firm posts consolidated operating loss of Rs 218 crore
The media company, which also owns stakes in Viacom18, saw its operating revenue increase by 20% year-on-year to Rs 1866 crore, driven by the news business, movie studios, and sports verticals. Viacom18 owns and operates 38 TV channels besides the JioCinema streaming platform. It also runs 20 news channels across multiple languages in addition to digital news properties
TV18 Broadcast’s shares jump 11% on strong Q1 earnings
The strong earnings show was led by a phenomenal performance by its OTT platform- JioCinema during IPL cricket league, a PTI report said. The company had posted a net profit of Rs 60.02 crore in the April-June period of the preceding fiscal, TV18 Broadcast said in a regulatory filing.
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