In your interest.
Online Personal Finance Magazine
No beating about the bush.
Rising costs, competition and unprofitable distractions are taking the fizz out of the king of good times
United Breweries (UB) is not exactly flying high these days, if the latest quarterly results are anything to go by. Performance was mixed at the two leading arms of the UB group—United Breweries and United Spirits. Maker of popular whisky brand McDowell’s No.1, United Spirits posted a...
Dish TV continues to lose money; now ARPU declines
Dish TV’s revenues for the September quarter have inched up 4.3% over the year-ago period. Losses were a bit lower, aided by conscious cost-cutting including paring its advertising and commission cost. The company posted a net loss of Rs56.10 crore against the estimate of Rs62.90 crore. The most important factor was that average revenue per...
TV18 blames the Union Budget for poor second-quarter performance!
Elections are the most coveted event for TV news channels and Union Budgets are what TV business channels look forward to. Their viewership shoots up on those occasions; it’s small wonder that TV channels heavily advertise their coverage of the Union Budget as an event. That is when they hope to rake in big money. This is...