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Media stocks gain as analysts greet Zee results

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MUMBAI: It was a hectic week with the Reserve Bank of India credit policy, annual results for several companies – Zee Telefilms and ETC Networks amongst others. The BSE Sensex gained 42.60 points, or 1.4 per cent, for the week to settle at 2,966.63, recovering from a 6-month low of 2,924.03 in the previous week. The week was a comparatively good one for listed media stocks as many of them rose higher as compared to the previous fortnights.
On 2 May, Zee Telefilms opened the day on the Bombay Stock Exchange (BSE) at Rs 76.85; dropped 0.39 per cent to end the day at Rs 76.55. The scrip has gained due to the positive sentiments expressed by financial analysts post the declaration of the annual results on 28 April 2003. The scrip had dropped to Rs 67.4 on 19 April and Rs 65.80 on 12 April. The volume of shares trades was around 4.87 million shares on 2 May.
At the National Stock Exchange (NSE), the Zee Telefilm scrip started the day (2 May) at Rs 76.65; increased by 0.33 per cent to end the day at Rs 76.75 as compared to Rs 67.50 on 19 April and Rs 65.50 on 12 April. The volume of shares traded was around 9.33 million.
The Balaji Telefilms scrip opened the day (2 May 2003) at Rs 65.5; dropped 0.92 per cent and ended the day at Rs 64.90. The volume traded was 25,356 shares. This is higher than Rs 60.85 on 17 April and Rs 59.75 on 12 April on the BSE. On the NSE, the scrip opened the day at Rs 67.80; fell by 0.76 per cent to end the day at Rs 65. However, the price was higher as compared to Rs 61.80 on 17 April and Rs 59.10 on 12 April. Balaji Telefilms annual results will be announced on 22 May.
The Television Eighteen India scrip opened at Rs 71.05 on 2 May, rose by 5.49 per cent to Rs 74.95 on the BSE. A total of 145,405 shares were traded. On the NSE, it opened at Rs 73.90, rose to Rs 74.60 (up 4.70 per cent). A total of 671,655 shares were traded. For the year ended March 2003, the company’s revenue is up 25.06 per cent, at Rs 361.7 million, compared to Rs 289.21 million last year. Net profit for the year is at Rs 30.2 million, compared to a loss of Rs 46.41 million last year.
Sri Adhikari Brothers Television Network (SABTNL) opened the day (2 May) at Rs 55.05; rose 1.82 per cent to end the day at Rs 56.05. The price is higher than that which existed on 17 April – namely Rs 48. On the NSE, the scrip ended the day at Rs 55.75 (up 0.75 per cent).
Cinevistaas opened the day (2 May) at Rs 23.8 grew by 2.52 per cent to end the day at Rs 24.40 on the BSE. The scrip is still hovering around the same level as it was placed at Rs 21.30 on 17 April and Rs 22.85 on 11 April. On the NSE, the scrip opened at Rs 25.35; rose by 3.73 per cent to end the day at Rs 25.00.
Creative Eye opened the day (2 May) at Rs 10.45 and dropped to Rs 10.05 on the BSE. On the NSE, the scrip rose by 4.90 per cent to end the day at Rs 10.70.
The ETC Networks scrip rose opened the day at Rs 39.8; dropped by 2.39 per cent to end the day at Rs 38.85 on the BSE. The scrip was placed higher at Rs 41.15 on 17 April and Rs 39.80 on 12 April.
ETC Networks Ltd announced an audited profit after tax of Rs 141.3 million for the year ended 31 March 2003 as compared to a net loss of Rs 141 million during the previous year. The company board, which held its meeting on 28 April, recommended a payment of 20 per cent maiden dividend.
On 29 April, the ETC Networks scrip opened the day at Rs 41.45 on the Bombay Stock Exchange (BSE) and dropped 2.29 per cent to end the day at Rs 40.65. The 52-week high and low of the company were Rs 99 and Rs 33 respectively.

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Netflix India names Rekha Rane director of films and series marketing

Streaming giant bets on a seasoned marketer who helped build Amazon and Netflix into household names

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MUMBAI: Netflix has put a proven brand builder at the helm of its films and series marketing in India, naming Rekha Rane as director in a move that signals sharper focus on audience growth and cultural cut-through in one of its most hotly contested markets.

Rane steps into the role after seven years at Netflix, where she has quietly shaped how the platform sells stories to India. Her latest promotion, effective February 2026, crowns a run that spans brand, slate and product marketing across originals, licensed content and new verticals such as games.

A strategic marketing and communications professional with roughly 15 years’ experience, Rane has spent much of her career building technology-led consumer businesses and new categories, notably e-commerce and subscription video on demand. She was part of the early push that introduced Amazon.in, Prime Video and Netflix to Indian homes, then helped turn them into everyday brands.

At Netflix, she most recently served as head of brand and slate marketing for India from March 2024 to February 2026, leading teams across media and marketing for global and local content portfolios. Before that, as manager for original films and series marketing, she led IP creation and go-to-market strategy for titles including Guns and Gulaabs, Kaala Paani, The Railway Men* and The Great Indian Kapil Show, spanning both binge and weekly-release formats.

Her earlier Netflix roles covered product discovery and promotion in India and integrated campaign strategy to drive conversations around the content slate, product awareness and brand-equity metrics.

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Before Netflix, Rane logged more than three years at Amazon in brand marketing roles in Bengaluru. There she handled national and regional campaigns for Amazon.in, worked on customer assistance programmes in growth geographies and contributed to the go-to-market strategy for the launch of Prime Video India.

Her career began well away from streaming. At Reliance Brands in Mumbai, she worked on retail marketing for Diesel and Superdry. A stint at Leo Burnett saw her work on primary research for P&G Tide, mapping Indian shoppers’ paths to purchase. Earlier still, at Orange in the United Kingdom, she rose from sales assistant to store manager, running a team and owning monthly P&L for a retail outlet.

The arc is telling. As global streamers fight for attention in a crowded Indian market, executives who understand both mass retail behaviour and digital habit-building are prized. Rane’s career sits at that intersection.

For Netflix, the bet is simple: in a market spoilt for choice, sharp marketing can still tilt the screen. And with Rane now leading the charge, the streamer is signalling it wants not just viewers, but fandom.

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Orient Beverages pops the fizz with steady Q3 gains and rising profits

Kolkata-based beverage maker reports stronger revenues and profits for December quarter.

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MUMBAI: A fizzy quarter with a steady aftertaste that’s how Orient Beverages Limited, the company that manufactures and distributes packaged drinking water under the brand name Bisleri closed the December 2025 period, as the Kolkata-based drinks maker reported improved revenues and a healthy rise in profits, signalling operational stability in a competitive beverage market.

For the quarter ended December 31, 2025, Orient Beverages posted standalone revenue from operations of Rs 39.98 crore, up from Rs 36.42 crore in the previous quarter and Rs 33.53 crore in the same quarter last year. Total income for the quarter stood at Rs 42.24 crore, reflecting consistent demand and stable pricing across its beverage portfolio.

Profit before tax for the quarter came in at Rs 3.47 crore, a sharp improvement from Rs 1.31 crore in the September quarter and Rs 0.39 crore a year ago. After accounting for tax expenses of Rs 0.79 crore, the company reported a net profit of Rs 2.68 crore, nearly three times the Rs 0.99 crore recorded in the preceding quarter.

On a nine-month basis, the momentum remained intact. Revenue from operations for the period ended December 31, 2025 rose to Rs 117.66 crore, compared with Rs 106.95 crore in the corresponding period last year. Net profit for the nine months climbed to Rs 5.51 crore, more than double the Rs 2.18 crore reported in the same period of the previous financial year.

The consolidated numbers told a similar story. For the December quarter, consolidated revenue from operations stood at Rs 45.06 crore, while profit after tax came in at Rs 2.06 crore. For the nine-month period, consolidated revenue touched Rs 133.57 crore, with net profit of Rs 4.49 crore, underscoring the group’s improving profitability trajectory.

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Operating expenses remained largely controlled, with cost of materials, employee benefits and other expenses broadly aligned with revenue growth. The company continued to operate within a single reportable segment beverages simplifying its cost structure and reporting framework.

The unaudited financial results were reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on 7 February 2026. Statutory auditors carried out a limited review and reported no material misstatements in the results.

In a market where margins are often squeezed by input costs and competition, Orient Beverages’ latest numbers suggest the company has found a reliable rhythm not explosive, but steady enough to keep the fizz alive.

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Washington Post CEO exits abruptly after newsroom cuts spark backlash

Leadership change follows layoffs, protests and a bruising battle over trust.

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MUMBAI: When the presses are rolling but patience runs out, even the editor’s chair isn’t safe. The Washington Post announced on Saturday that its chief executive and publisher Will Lewis is stepping down with immediate effect, bringing a sudden end to a turbulent two-year tenure marked by financial strain, newsroom unrest and public backlash.

Lewis’s exit comes just days after the Bezos-owned newspaper announced sweeping job cuts that triggered protests outside its Washington headquarters and a wave of anger from readers and staff. While newspapers across the US are grappling with shrinking revenues and digital disruption, Lewis’s leadership had increasingly come under fire for how those pressures were handled.

The Post confirmed that Jeff D’Onofrio, a former Tumblr CEO who joined the organisation last year as chief financial officer, has taken over as CEO and publisher, effective immediately. In an email to staff, later shared by reporters on social media, Lewis said it was “the right time for me to step aside.”

The leadership change follows the announcement of large-scale redundancies earlier this week. While the Post did not officially confirm numbers, The New York Times reported that around 300 of the paper’s roughly 800 journalists were laid off. Entire teams were dismantled, including the Post’s Middle East bureau and its Kyiv-based correspondent covering the war in Ukraine.

Sports, graphics and local reporting were sharply reduced, and the paper’s daily podcast, Post Reports, was suspended. On Thursday, hundreds of journalists and supporters gathered outside the Post’s downtown office in protest, calling the cuts a blow to public-interest journalism.

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Former executive editor Marty Baron described the moment as “among the darkest days in the history of one of the world’s greatest news organisations.”

Lewis defended his record in his farewell note, saying “difficult decisions” were taken to secure the paper’s long-term future and protect its ability to publish “high-quality nonpartisan news”. But his tenure coincided with growing scrutiny of editorial independence at the Post.

Owner Jeff Bezos faced criticism for reining in the paper’s traditionally liberal editorial page and blocking an endorsement of Democratic presidential candidate Kamala Harris ahead of the 2024 US election. The move was widely seen as breaking the long-standing firewall between ownership and editorial decision-making.

According to a Wall Street Journal report, around 250,000 digital subscribers cancelled their subscriptions after the paper declined to endorse Harris. The Post reportedly lost about $100 million in 2024 as advertising and subscription revenues slid.

While the wider newspaper industry continues to battle declining print advertising and the pull of social media, some national titles have stabilised. Rivals such as The Wall Street Journal and The New York Times have managed to build sustainable digital businesses, a turnaround that has so far eluded the Post despite its billionaire backing.

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As Jeff D’Onofrio steps into the role, the challenge is stark, restore confidence inside the newsroom, win back readers who walked away, and prove that one of America’s most storied newspapers can still find its footing in a brutally competitive media landscape.

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