While I normally disagree with both the parties who are involved in this debate, I have the following points to make:
1: Marshall Mendonza has raised valid queries 2: I am almost certain that UG Barad will provide the requisite answers. 3: I am also nearly almost certain that UG Barad will NOT abuse me (or SoniaG) in his response. jc On Jun 6, 2012, at 10:25 AM, Marshall Mendonza <[email protected]> wrote: > 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**** > > ** **
