How can Police pronounce verdict of guilt when it has not even registered an FIR and commenced investigation?

Republic TV is a free to air Indian news channel launched in May 2017. It was co-founded by and Arnab Goswami and ruling party BJP’s MP Rajeev Chandrasekhar, who relinquished his stake in May 2019, leaving Goswami the majority stakeholder. Mumbai Police had earlier registered an FIR and summoned Arnab and his CFO after he had called Sonia Gandhi the President of Congress Party by her maiden name Antonio Maino.

AajTak is part of India Today group which was founded with a magazine in 1975-76, during emergency when other magazines were shutting shop due to press censorship. Aroon Purie was founder of this magzine though he was named as publisher and his father as owner. Read about Aroon Purie, here on wikipedia.

On 2 February 2019, Arnab launched Republic Bharat as it Hindi Channel in direct conflict with Aaj Tak which was number one on TRP ratings. Both Channels are engaged in TRP war for last three months. While English Republic TV has acquired 77% ratings demolishing all other English news channels, it has also overtaken Hindi Aaj Tak by it’s Bharat and is at the top now for over one month. This means huge revenue fall for other TV Channels.