Deccan Chronicle Holdings has informed the Bombay Stock Exchange that in its forthcoming board meeting on July 27, 2005, it will discuss the offer of up to 9 per cent of its share capital for raising funds through foreign currency convertible bonds (FCCBs), private placement, American depository receipts (ADRs) or global depository receipts (GRDs) subject to a 5-year conversion period. P K Iyer...
MUMBAI, July 5: Dainik Jagran has joined hands with Radio City for cross-promotional activities. A senior executive at the Jagran Group says, "This is a mutually beneficial relationship. Radio City, unlike its competitors (read Radio Mirchi and Red FM), doesn’t have a print back up. On the other hand, this deal provides an opportunity for the Jagran Group to reach out to Radio City audiences." As...
The Hindu is living up to its positioning of Always Classic, Always Contemporary.’ Since the launch of its new design, the publication has been ringing in the changes consistently, the latest of which will be the introduction of four additional pages in its city-specific supplement Metro Plus,’ starting June 13. Besides this, the publication has done an upward revision’ of salaries of its...
Deccan Chronicle Holdings, publisher and owner of Deccan Chronicle, has acquired 67 per cent in Asian Age Holdings, which owns The Asian Age, for Rs 17.10 crore, scaling up its stake to 90 per cent. The acquisition values The Asian Age at Rs 25.52 crore. UB group Chairman Vijay Mallya will hold the remaining 10 per cent. T Vinayak Ravi Reddy, managing director of Deccan Chronicle Holdings, said MJ...
The timing could not have been better, what with Mumbai turning into a media battleground with the impending entry of DNA and Hindustan Times. AdEx India, a division of TAM Media Research, has just come out with the first ever Newspaper Revenue Track (NRT), based on a comprehensive study of the various revenue models of newspapers. NRT-1 is the first of the quarterly study for the period July...
Jagran TV Private Limited, the company that runs the news channel called Channel 7, will offload 25.7 per cent stake in it to the Mauritius-based investor New Vernon Bharat Ltd. The news broadcaster, which is the broadcasting arm of the Kanpur-based Jagran Prakashan, is expected to raise Rs 30 crore from the deal. This puts the total valuation of Jagran TV, which started its operations only about...
Come May 1, Hindustan Times' Delhi edition will have a completely new look. While none of the HT executives were available for comments, industry sources informed that Hindustan Times will now have a new-look masthead for its Delhi edition. Other significant changes include overall design in each of the pages, inclusion of more pictures. Sources said, the newspaper's pages will now be more photo...
The Hindu in a new look hit the stands on Thursday. Design guru Dr. Mario Garcia has redesigned the daily. According to him it was a huge challenge because of The Hindu's history of 126 years. The process of re-designing was set in motion as early as 1994, and the current re-designing activity was started off eight months ago, N Murali, Joint Managing Director, The Hindu, told exchange4media. He...
Today sees the next stage in the evolution of The Independent, Britain's original quality compact newspaper. Readers will notice a number of changes to this morning's paper, not the least of which is its design, which has been given a fresh, modern look. Today sees the next stage in the evolution of The Independent, Britain's original quality compact newspaper. Readers will notice a number of...
Olivier Fleurot, CEO of the Financial Times Group which has a stake in Business Standard said that FT would operate in the English Business Reporting space responding to queries about opportunities of growth in Indian Vernacular media. Fleurot was on his first visit to India after FT’s investment in Business Standard and was at an industry gathering hosted by CII. Fleurot also launched a FT...
