Launches and Strategies

HT Media value may spurt to Rs 1,462 cr. HT Media Ltd has filed a draft red herring prospectus with the Securities and Exchange Board of India (Sebi) for a 100 per cent book-built public issue of 46,40,000 equity shares (fresh issue) of Rs 10 each by HT Media Ltd and an offer for sale of 23,55,000 equity shares of Rs 10 each from HPC (Mauritius) Ltd. The offer will also have a greenshoe option of...

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...

Associated Newspapers, publisher of the Daily Mail and self-appointed champion of middle England, is considering launching a title in India. The group has been drawing up plans for the market since the beginning of the year. Associated executives who looked at the subcontinent 18 months ago were encouraged to look again by regulatory changes and marked growth in the urban Indian professional...

Diligent Media Corporation, the joint venture company of ZEE and Dainik Bhaskar groups, has sued Bennett, Coleman & Co. for Rs 100 crore in damages. The company has also asked for an unconditional apology for hijacking a teaser ad campaign of the group's yet to be launched English newspaper from Mumbai. Diligent Media Corporation has filed a civil suit in the Bombay High Court claiming that the...

Delhi-based newspaper Pioneer is all set to launch two more editions from Cochin and Bhubaneswar. The Cochin edition will be launched on May 4, while Bhubaneswar edition will take off later in the month on May 20. Confirming this development, Durbar Ganguly, executive vice-president, Pioneer says, "As these markets have low English reading population, we are starting off with a print run of 25,000...

The $5.3 billion McGraw-Hill Companies, which owns Business Week, wants to publish the weekly magazine in India and has sought a licence from the government for this purpose. "First, we would like to look for a local partner for printing and publishing Business Week in India carrying local stories," Harold McGraw III, chairman, president and chief executive officer of the company, said on Thursday...

The Hindu has inaugurated a state-of-the-art printing press in Hyderabad. The edition is being printed from the new facility since March 3. The new facility has enabled faster and better quality printing and has facilitated the daily to increase the number of colour pages to eight from the present four, according to its Joint Managing Director, N. Murali. He said, "With consistent increase in...

Speculation is growing that The Guardian is to launch its new Berliner-style format by August, nearly eight months ahead of schedule. Officially, the paper's line this week was that the changed format – 6cm narrower than a broadsheet and 10cm longer than a tabloid – will not hit the streets before next year. Unofficially a Guardian insider said: "If we can do it earlier than 2006, then we will."...

The Hull Daily Mail and twin title the East Riding Mail have unveiled a host of changes after conducting research into reader habits. The new approach, labelled the 'Newspaper for Now', aims to build on the Mail's current daily circulation of 71,000. It includes 'in short' boxes on all page leads, which readers can use to pick up the main points of the story. There is also a 'paper in a page' on...