India's DB Corp reported a 44.2% fall in quarterly profit as the owner of India's largest Hindi daily was hit by high newsprint prices, sending shares down as much as 9.5%
Crisil said ad revenue will rebound as economic activity improves, given their high correlation, while reopening of offices and people moving back to offices will help shore up subscription revenue
Industry body of newspaper media outlets says the practice, which gained steam following lockdown, is in total violation of IPR and is also a threat to society
The affidavit said: "There is no check on digital media. Apart from spreading venomous hatred, it also causes violence, terrorism, and can tarnish the image of institutions and individuals"
India Ratings and Research on Friday opined that the overall 'EBITDA' margin of print media players are likely to shrink 10 per cent on a year-on-year basis in FY21