Kicking off its plans for a business newspaper, HT Media Ltd announced on Friday an editorial content tie-up with the Wall Street Journal, though not going for equity participation as of now.
Founder of the Virgin Group of Companies Richard Branson (left) poses with Chief Executive Officer of HT Media, Rajiv Verma during a press conference in New Delhi on Monday.
HT Media Ltd, which is planning to launch a Mumbai edition of Hindustan Times in mid-2005, filed a draft red herring prospectus for its proposed initial public offering with Securities and Exchange Board of India.
The scrip of K K Birla controlled HT Media Ltd on Wednesday opened at Rs 685 per share at a premium to the issue price of Rs 530 at listing on the Bombay Stock Exchange Ltd.
While Zee managed single-digit growth in revenue, HT Media's income dipped marginally, reports Urvi Malvania/Business Standard.
HT Media Ltd, which will raise up to Rs 407.62 crore (Rs 4. 07 billion) from its forthcoming IPO said it will come out with its FM radio channel "right away" but ruled out foraying into a TV news channel business in the "forseeable future".
These women are building billion-dollar brands, calling the shots in the financial markets, and crisscrossing the globe to broker international agreements and provide aid, the magazine noted
Yet another achievement is added to PeeCee's growing list.
Hosted by LSE's India Observatory, the event included release of Rajya Sabha MP and economist N K Singh's book Not by Reason Alone: The Politics of Change by Shobhana Bhartia, chairman of HT Media, and an engaging panel discussion and interaction with students.
How has the note ban affected newspapers and the rest of the media?
In spite of the criticism that Bennett, Coleman's Private Treaties division, which swaps advertising space in its newspapers for minor equity in small and medium enterprises, attracts, these print media companies are gearing up to launch their versions of the department.
The third quarter numbers show the effect of the slowdown on the media business. There is a decline in net profits and margins for a sample of 16 listed companies such as HT Media, Deccan Chronicle and Zee among others. But what is eerie is the similarity between the print and TV numbers, which have generally been on different growth trajectories so far.
Kolkata-based business tycoon Sanjiv Goenka's RP-SG Group claimed the Lucknow franchise for a whopping Rs 7090 crore, while international equity investment firm CVC Capital won the bid for Ahmedabad with a Rs 5600 crore offer.
It's raining written words in India as the industry rides a boom. More newspapers, magazines... and still more launches ahead.
Thirty-two IPOs that have hit the capital market in the first 10 months of calendar year 2005 have collectively seen an erosion of market value worth Rs 3,682 crore after their listing on the bourses.
The summit would be held from November 4-6.
Ranjan was one of the 23 people named in the 'death warrant list' issued in 2007. Seven of them have been killed so far.
Malavika Sangghvi gives us fascinating glimpses from Dilip Kumar's life.
If the idea was to make money for the government, last month's radio auctions were a huge success.
State Bank of India chief Arundhati Bhattacharya, ICICI bank head Chanda Kochhar, Biocon founder Kiran Mazumdar-Shaw and HT Media chair Shobhana Bhartia are among the world's 100 most powerful women.
Arundhati Bhattacharya, the chairperson of country's largest bank SBI, has been named as the most-powerful woman in business in India by Fortune magazine.
The accused say a close aide of former RJD MP Shahabuddin gave them a supari to kill Ranjan.
Demerging print and TV news businesses will allow for separate investment by interested players.
A simple look at the prices of 10 media stocks during the tenure of the current government tells an interesting tale, says N Sundaresha Subramanian.
'Today, according to the law, you can't even claim legal expenses when fighting a case as a non-executive director unless you are acquitted. Given how high legal expenses are, that alone is enough to scare anyone away.'
The BSE Mid-Cap index was currently down 1.25%
'Demonetisation is just a trigger; the Indian print industry had this coming for years.'
Markets rebound with financials leading the gains on hopes of a peaceful solution to the turmoil in Ukraine
While inaugurating the leadership summit of the US-India Business Council in Washington, DC, US Vice President Joe Biden said that there was no reason why the two largest democracies in the world should not continue to have a more productive relationship. Aziz Haniffa/ Rediff.com reports.
The return of Indian Readership Survey numbers has met with a silent response.
The six are English dailies the Hindustan Times, The Hindu and The Telegraph; their sister publications The Hindustan and The Hindu Tamil; and Ananda Bazar Patrika.
T N Ninan lists a few David-Goliath encounters in the Indian markets, all of which make life interesting, though difficult if you are an investor looking for the next multi-bagger.
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