Indian Newsprint Manufacturers Association has filed an application before Directorate General of Trade Remedies (DGTR) on behalf of domestic industry for an anti-dumping investigation on imports of 'Newsprint, in rolls or sheets, excluding glazed newsprint' originating in or exported from Australia, Canada, European Union, Hong Kong, and Russia.
Analysts polled by CNBC-TV18 think advertising revenue may decline 3.8 percent on annual basis as the company increased ad rates in FY16 with a view to improve yields. In Q1FY16 ad revenue had fallen 8 percent.
Girish Agarwaal, director, DB Corp, says advertisement revenue grew 7 percent for the entire year and in the fourth quarter it grew 4.5 percent.
The cost of newsprint, that is the paper used to print news, is rising in the domestic market, and that could put pressure on the margins of newspaper publishers in the near-term, says global bank Citigroup.