ICICI Securities Ltd | Retail Equity Research DB Corp's print advertisement revenues came in at | 400.6 crore, up 2.4% YoY, lower than our expectations. Though ad revenues were impacted by the subdued ad environment in the demonetisation regime, the lower ad growth on a negative growth base quarter was slightly disappointing. The radio and digital ad growth continued to outperform print at 12.4% YoY (| 36.3 crore) and 31.7% YoY (| 16.2 crore), respectively. Subscription revenues came in at | 124.3 crore, up...