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Voting powers at Alphabet and Meta have ensured that shareholder proposals on human rights concerns in India hardly make a dent; separately, Reliance-owned Fynd finds itself in the soup.

Telecom and retail both continue with their ‘hit and miss’, while O2C delivers an unsurprisingly poor performance in Q4. This is a year RIL will be glad to see the back of.
NDTV and Network18 are now firmly loss-making—and show little urgency to fix the fundamentals.
Telecom and retail, which account for half the conglomerate’s revenue and most of its valuation, aren’t accelerating fast enough to justify their price tags.