Q4 Earnings Preview: Media and entertainment firms may see muted quarter with poor ad-revenue growth

<ul><li>Broadcasters' ad-revenue growth may be anaemic in the fourth quarter due to a nascent recovery in rural demand and still-weak urban discretionary spend.</li></ul>

JM Financial Institutional cuts Zomato's growth estimates; here are the key reasons

<ul><li>The brokerage house reduced the estimates of the food delivery company after its channel checks indicated that sequential food delivery gross order value (GOV) growth is likely to remain muted for the third consecutive quarter in Q4FY23.</li></ul>

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Q4 Earnings Preview: Media and entertainment firms may see muted quarter with poor ad-revenue growth

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JM Financial Institutional cuts Zomato's growth estimates; here are the key reasons