Media

Cash Ur Drive, a dynamic player in India’s digital out-of-home (DOOH) advertising sector, is set to open its initial public offering (IPO) for subscription this Thursday. The price band for the issue has been set between Rs. 123 and Rs. 130 per equity share. Aiming to raise capital to bolster growth, expand operations, and meet general corporate needs, the IPO marks a significant milestone for the company.

DB Corp, one of India’s largest print media companies and publisher of leading regional newspapers, reported a 31% decline in consolidated net profit for the first quarter of FY26, which fell to Rs. 80.84 crore. The subdued performance was primarily attributed to tepid advertising revenues and higher operational costs, reflecting a challenging environment for the traditional media sector still navigating structural shifts and cyclical pressures.

The Maharashtra government has announced plans to establish a state-of-the-art media monitoring centre at an estimated cost of Rs 10 crore. This initiative aims to track, analyze, and respond to news coverage related to the state government across print, electronic, social, and digital media platforms. The centre will leverage Artificial Intelligence (AI) to detect misinformation and negative narratives, ensuring real-time analysis and corrective action when necessary.