LATEST
WEBSTORY
TRENDING

Meet man, married to India’s most generous woman, donated over Rs 1890000000 last year, he is Narayana Murthy’s…

Siddhartha Basu reveals why he made a comeback to hosting after 20 years with SonyLIV's Quizzer of the Year | Exclusive

NEET success story: Meet man, son of shepherd, who topped in class 12, later cracked medical exam with AIR...

7 foods that raise uric acid levels

Players who missed the flight to T20 World Cup 2024

9 Tamil films that are remakes of Bollywood movies

BJP appoints new state presidents in Telangana, Jharkhand, Punjab, Andhra ahead of 2024 Lok Sabha polls

Meet 'mystery girl' whose pictures with Indian cricketer Yuzvendar Chahal is going viral

SCO must not hesitate to criticise countries supporting terrorism: PM Modi

PHOTOS
VIDEOS
ENTERTAINMENT

Remember Heyy Babyy's cute 'Angel' Juanna Sanghvi? 20 year-old looks unrecognisable now, fans say 'her comeback will...'

In pics: Arti Singh stuns in red lehenga as she ties the knot with beau Dipak Chauhan in dreamy wedding

Actors who died due to cosmetic surgeries

Meet Ujjwal Nikam, BJP's New Candidate Who Replaced Poonam Mahajan I Lok Sabha Elections 2024

Ujjwal Nikam In BJP: Lawyer Who Fought 26/11 Case, Replaced Poonam Mahajan | Lok Sabha Election 2024

LSG vs RR Highlights: Sanju Samson Shines, Rajasthan Royals Won By 7 Wickets I IPL 2024 Match 44

Siddhartha Basu reveals why he made a comeback to hosting after 20 years with SonyLIV's Quizzer of the Year | Exclusive

Did Naga Chaitanya confess to cheating on Samantha Ruth Prabhu? Old video of him saying he two-timed goes viral - Watch

Shah Rukh Khan calls Virat Kohli Bollywood's 'daamad', reveals he was 'very sad' with cricketer when...

Home India

India

Media groups plan new daily together

NEW DELHI: Two of India's top rival media houses on Tuesday signed an agreement to launch a daily newspaper in the Indian capital amid a boom spurred by the economy's rapid growth.

DNA Web Team

Updated : Nov 19, 2013, 11:17 PM IST

NEW DELHI: Two of India's top rival media houses on Tuesday signed an agreement to launch a daily newspaper in the Indian capital amid a boom spurred by the economy's rapid growth.

The Times of India Group and Hindustan Times Media Limited said the English newspaper to be sold in New Delhi will be run independently of the companies' other ventures.

The two English dailies have been bitter rivals for decades, especially in New Delhi, where they have indulged in fierce price wars and regular spats over circulation figures, with both claiming to be number one in the capital.

"With this partnership, we have a greater chance of success. They (Hindustan Times) don't have a problem working with us and we don't have a problem working with them," said Sidhant Khosla, corporate director for Bennett Coleman Company Limited, which owns the Times of India.

The newspaper is likely to be launched early next year.

The companies did not reveal how much they would invest in the new venture.

"It's hardcore business for the two. Each of them has an extremely loyal and dedicated readership and both understand the changing dynamics of readership well," said Akhila Sivadas, executive director of media agency, Centre for Media Advocacy and Research.

The Indian media has seen massive expansion in recent years on the back of a booming economy. The country now has 38 television news channels.

Find your daily dose of news & explainers in your WhatsApp. Stay updated, Stay informed- Follow DNA on WhatsApp.