U G Barad wrote:**** Recently, I mentioned to a business friend of mine that NDTV and IBN have accumulated losses of Rs 300 crores each. As a businessman, he asked how these losses are financed. I told him that the balance sheets published by* ***
them do not give a clear indication.**** The Outlook magazine has accumulated losses of Rs 100 crores, which is financed by unsecured loan from the promoters, namely the Rahejas of Mumbai. Tehelka magazine has accumulated losses of Rs 50 crores. It is being financed by increase in equity, at very high premiums. The source of the funds is not clear.**** ** ** Response:**** ** ** 1.Could you kindly share with us the source of this information?**** 2.Could you kindly inform us the financial status and source of funding of Tarun Bharat, Daily Pioneer, Organiser, Panchajanya, Kamal Sandesh, India TV**** ** ** Regards,**** ** ** Marshall**** ** **