1.  Capital Commitments / Contingent Liabilities:
 
 (a) Estimated amounts of contract remaining to be executed on capital
 account, net of advances, not provided for Rs. 299,551,612 (Previous
 year Rs. 235,817,263)
 
 (b) The Company received claims from Prasar Bharti in earlier years
 towards uplinking charges and telecast fees which were disputed by the
 Company. Prasar Bharti also raised claims towards interest for non
 payment of dues from time to time, which also were disputed by the
 Company. Total ciaims as at 31st March 2011 amounted to Rs. 100,197,555
 and the disputes were referred to various legal forums. Pending final
 outcome in respect of such disputes, the Company made provision on an
 estimated basis which amounted to Rs.67,484,026 including Rs.
 1,953,157 which was made in current year, in the opinion of the
 management, based on its understanding of the cases and as advised by
 their counsel, the provision made in the books is considered adequate.
 
 (c) The Company has received legal notice of claim / lawsuit filed
 against it in respect of programmes aired on the Channels, in the
 opinion of the management, no liability is likely to arise on account
 of such claim / lawsuit.
 
 (d) The Company has received demand notices from Income Tax department
 amounting to Rs. 87,411,396 (Previous Year54,995,989). The Company has
 contested the same and in the opinion of the management, no liability
 is likely to arise on account of such demand notices.
 
 (e) Bank Guarantees outstanding Rs. 28,554,699 (Previous Year Rs.
 8,714,420)
 
 2. During the year, the Company has recognised the following amounts in
 the Profit and Loss Account
 
 II.  Defined Benefit Plans
 
 The expected return on plan assets is based on actuariai expectation of
 average long term rate of return expected on investment of the funds
 during the estimated term of the obligation.
 
 3.  EMPLOYEE STOCK OPTION PLAN - ESOP 2006
 
 The Company instituted the Employee Stock Option Plan - (TVTN ESOP
 2006), to grant equity - based incentives to its eligible employees.
 The TVTN ESOP 2006 had been approved by the board of directors in their
 meeting held on 21st August 2006 and by shareholders in their meeting
 held on 28th September 2006, for grant of 2,900,000 options
 representing one share for each option upon exercise by the employees
 of the Company at a exercise price determined by Board/Remuneration
 Committee. The equity shares covered under the scheme shall vest over a
 period of four years; vesting shall vary based on the meeting of the
 performance Criteria. The Optionee may exercise their vested options at
 any moment after the earliest applicable vesting date and prior to the
 completion of ten years from the grant date.
 
 Accordingly the Company under the intrinsic value method has recognized
 the excess of the market price over the exercise price of the option
 amounting to Rs. 1,556,816 as an expense during the year. Further, the
 liability Outstanding as at the March 31, 2011 in respect of Employees
 Stock Options Outstanding is Rs. 8,692,500. The balance deferred
 compensation expense Rs. 3,141,557 will be amortized over the remaining
 vesting period of Options.
 
 4.  As identified and certified by the Company, Related Party
 Disclosures as per the requirement of Accounting Standard 18 issued by
 the Institute of Chartered Accountants of India:
 
 (I).  Name of the related party and nature of related party
 relationship where control exists:
 
 (a) Key Management Personnel (KMP):
 
 - Mr. Aroon Purie (Managing Director)
 
 - Ms. Koel Purie Rinchet (Whole Time Director)
 
 (b) Entities Controlling the Company (Holding Companies):
 
 - World Media Private Limited ^
 
 - Living Media India Limited
 
 (c) Subsidiary Companies :
 
 - T.V. Today Network (Business) Limited
 
 (d) Fellow Subsidiary Companies :
 
 - Thomson Press (India) Ltd,
 
 - Living Media International Ltd.
 
 - Radio Today Broadcasting Limited
 
 - Mail Today News Papers Ltd.
 
 (e) Companies under common control:
 
 - Integrated Databases India Limited
 
 ^ There are no transactions during the year
 
 5. Segment Reporting:
 
 The Company has considered business segment as the primary segment for
 disclosure. The products included in each of the reported domestic
 business segments are as follows:
 
 - TV Broadcasting
 
 - Radio Business
 
 The above business segments have been identified considering :
 
 - the nature of services
 
 - the differing risks and return
 
 - the organizations structure and
 
 - the internal financial reporting systems
 
 6.  Operating Leases
 
 The Company has cancelable lease arrangements mainly for leasing of
 office premises and Company leased accommodations for its employees.
 Terms of lease include terms of renewal, increase in rents in future
 periods and terms of cancellation. The operating lease payments
 recognized in the Profit & Loss account amount to Rs. 125,811,031
 (Previous Year Rs. 115 313 260) net of sublease rental received Rs.
 6,637,955 (Previous Year Rs. 5,290,142).
 
 7.  The Company has as a strategic decision considered entering into
 the print media. In this regard, it has acquired some stake in Mail
 Today Newspapers Private Limited (Mail Today), a differentiated
 newspaper with respect to content as well as value to its advertisers.
 Based on the valuation of the equity shares of Mail Today, carried out
 by an independent valuer the Company, the acquired some stake through
 direct subscription and also through purchase from existing
 shareholders amounting to Rs. 45.5 crores. Though, Mail Today is in the
 initial stages of operations and presently is incurring losses, the
 Company based on independent projections, is confident of the future
 profitability of Mail Today and consequently of the carrvina value of
 the Investment.
 
 8.  Based on information available with the Company, there are no
 outstanding dues to Micro and Small enterprises as at March 31,2011, No
 interest is paid/payable by the Company in terms of-section 16 of the
 Micro, Small and Medium Enterprises Development Act, 2006.
 
 9. The figures for the previous year have been regrouped/ rearranged
 wherever considered necessary to conform to the current year''s
 classification..