A battle is brewing in the families which run the Jagran group of newspapers. The group's flagship brand, Dainik Jagran, is the country's largest circulated newspaper.
Taking a serious view of the violation of its directions, the EC shot off a letter to the Chief Electoral Officer of Uttar Pradesh in which it reminded the CEO that the "offence under Section 126A is punishable by imprisonment for a term upto 2 years or with fine or both."
Global Broadcast News, the owners of news channel CNN-IBN is all set to enter the capital market with its initial public offer aggregating to Rs 105 crore (Rs 1.05 billion) in a price band of Rs 230 and Rs 250 per share.
The government on Monday said it was considering a total of five foreign investment proposals, including that of Jagran Prakashan Pvt Ltd and Times Journal India, in the news and current affairs publications and technical and scientific journals.