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compant profile 2010@ TIMES GROUP

compant profile 2010@ TIMES GROUP

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Published by Ankur Dubey
2010
TIMES GROUP

International Academy of Management & Entrepreneurship

Roshan Shahane PGPM/0911/029 2009-2011

Times Group

Nature of business
The Times Group is the largest media services conglomerate in India . The Times Group include publishing newspapers and magazines, television broadcasting, running internet portals, creating and distributing multimedia products and music publishing and retailing. They have a distinguished presence across diverse mediums like Print Media,Web portals, R
2010
TIMES GROUP

International Academy of Management & Entrepreneurship

Roshan Shahane PGPM/0911/029 2009-2011

Times Group

Nature of business
The Times Group is the largest media services conglomerate in India . The Times Group include publishing newspapers and magazines, television broadcasting, running internet portals, creating and distributing multimedia products and music publishing and retailing. They have a distinguished presence across diverse mediums like Print Media,Web portals, R

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Published by: Ankur Dubey on Jun 01, 2010
Copyright:Attribution Non-commercial

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2010
 
 Roshan Shahane
PGPM/0911/0292009-2011
TIMES GROUP
 
 I 
nternational
 A
cademyof 
 M 
anagement&
 E
ntrepreneurship
 
 
2 |
Page
 
Times Group 
Nature of business
The Times Group is the largest media services conglomerate in India .The Times Group include publishing newspapers and magazines,television broadcasting, running internet portals, creating anddistributing multimedia products and music publishing and retailing.They have a distinguished presence across diverse mediumslike Print Media,Web portals, Radio, Music labels and some presence infinancial sector. Their presence, rather the better word is dominance, inthe print media is legendary and the way they have leveraged theirpresence in certain segments and extended that domination to newerhorizons is worth many a business lessons. They have created some bestknown business models in the popular media like Radio Mirchi , TimesMusic, and the Indiatimes
site. Some of India’s best known icons of 
entertainment is linked with the Times Group , like the annual Filmfare Awards, the Femina Miss India shows and plethora of entertainmentevents happening accross the country and the globe. All in all, a portfolioof names that has inspired many generations with nostalgia, awed the
 youth with sheer euphoria and carried the nations’ sentiments on its
pages over the years.The Times Group has a proprietary stake by the Jains of Delhi and iscurrently chaired by Ms Indu Jain and Mr Vineet Jain, is the Managing
director. It’s corporate headquarters are in Mumbai and the newspaper
division is headquartered at Bahadur Shah Marg , New Delhi, the streetmade famous by the hustling and bustling of premier fourth estate of India.
 
 
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Page
 
Turnover of the company 
BCCL’s turnover is estimated at over Rs 4,000 crore and profits to the
tune of Rs 1,000 crore, a measure of the success with which the elderJain has steered the group. Some analysts reckon that if BCCL were tolist, it could have a market value of Rs 40,000 crore, making it the most valuable media group in the country. Even if the group were to sell only a10 per cent stake in itself, it could raise Rs 4,000 crore
enough moolahto smother competition.
Times Group revenue
Revenue
$700 million USD (Aug 2007)Employees 7,000 (2007)
 
History and milestone
The first edition appears on November 3, 1838, known as The Bombay Times and Journal of Commerce. The newspaper is published twice a week under editor J.E. Brennan. It is basically a city paper reflecting theinterest of Bombay's business community.In 1859: Bombay Standard and Chronicle of Western India merges intoThe Bombay Times and Journal of Commerce to form Bombay Times &Standard.In 1861: Editor Robert Knight amalgamates The Bombay Times &Standard and Bombay Telegraph & Courier to form The Times of Indiaand gives it a national character.In 1880: The Times of India Weekly Edition is launched. This was latercalled The Times of India Illustrated Weekly and finally as TheIllustrated Weekly of India in 1923.In 1907: In the newspaper's first price war under editor Stanley Reed,the price is cut from 4 annas to 1 anna, and circulation rises 5 times.In 1946: For the first time, the paper transfers to Indian ownership. RamKishan Dalmia buys out Bennett, Coleman & Co. Ltd for Rs. 2 crores.Partly, the takeover is funded by illegal money transfers from othercompanies, and Ram Kishan was imprisoned after the matter was raisedin parliament by Feroze Gandhi in 1955.In 1948: Sahu Jain Group become the owners of the company afterDalmia sells the firm to recover 2.5 crores he needs to pay back to an

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