Star India posts Rs 12,548 crore loss in FY24 on provision against onerous ICC contract

Star India reported a significant loss for the last financial year. The broadcaster attributed this to a provision made for a challenging contract related to ICC media rights. Star India had acquired these rights for a substantial sum but faced setbacks. Zee … Mumbai: Walt Disney-owned Star India Tuesday incurred a standalone net loss of Rs 12,548 crore for the financial year ending March 31. In a regulatory filing, the broadcaster blamed the weak financia… Read More