Professional Documents
Culture Documents
SUBMITTED TO
This is to certify that the project report entitled “The Times Of India” is a bonafide
piece of work conducted under the supervision of Mr. Ankur Khanna (project Guide). No
part of this work has been submitted for any other degree of any university. The data
sources have been duly acknowledged.
Success in any endeavor can never be achieved single handedly. It requires guidance,
co-operation and support by many individuals. A number of people have contributed
towards making this project a success. Some have contributed to this work by their
valuable suggestions and advice while others were our pillars of support from which we
drew our inspiration and strength.
At this juncture, we express our profound gratitude to Mr. Ankur Khanna, sales
Manager, “THE TIMES OF INDIA” Chandigarh for giving us this opportunity to
undertake our summer internship in this esteemed organization .
I also take this opportunity to prefer my deep gratitude to my project guide Dr. Ajwinder
Dhillon (Project Guide) who's theoretically rigor constructive criticism and creative
inputs proved invaluable during the project.
At the end I would like to thank all the respondents for their immense cooperation and
help throughout our project work.
Certificate by Guide i
Declaration ii
Acknowledgments iii
CHAPTER NO. CHAPTER TITLE PAGE NO.
1 Introduction
1.1 Introduction to the Project Undertaken
1.2 Objectives of the Project Undertaken
1.3 Need and Scope of the Study
1.4 Research Methodology
1.5 Limitations of the Study
2 Company and Industry Profile
3 Data Analysis and Interpretation
4 Findings of the Study
5 Conclusion of the Study
6 Suggestions & Recommendations
Bibliography
Appendix
A. Questionnaire
B. ----------------
C. ----------------
LIST OF TABLES
LIST OF FIGURES
Print media is one of the oldest and basic forms of mass communication and also it is
most powerful cost effective medium to transfer information and knowledge. It includes
newspapers, weeklies, magazines, monthlies and other forms of printed journals. The
print media industry in India is more than a century old (179yr). Also it is a well-
established industry. India has the second largest population and one of the fastest
growing economies in the world. Along with these the increasing level of income of
peoples and the robust competition in this industry help print media in its growth.
A recent survey says a majority of nearly 50cr Smartphone users in India spend most of
their time (72 percent) surfing the net on their mobile phones. News and entertainment
are two sectors most consumers tap into. No wonder, digital media platforms have
witnessed exponential growth in the last few years. But have digital news platforms
replaced the good old newspapers, like they have done elsewhere in the world? The
answer is an emphatic no.
―According to the latest Indian Readership Survey(IRS), just4% readers of the overall
readership base read news online. This proves that there is still scope of growth, said NP
Sathyamurthy, executive director, DDB Mudra Group, and chairman of the technical
committee at the Readership Studies Council of India.
As per IRS 2017, newspapers added more than 110 million new readers since the last
survey conducted in 2014. The total readership in the last three years grew 40% to
reach 407 million in 2017. The total readership base stood at 295 million in 2014.
In sum, India ‘s print media is likely to continue to register robust growth compared to
other major democracies because its population is growing and it has not yet achieved
universal literacy.
The media and entertainment industry consists of film, print, radio, and television.
These segments include movies, TV shows, radio shows, news, music, newspapers,
magazines, and books. The top 10 media and entertainment companies are The Walt
Disney Company, 21st Century Fox, Direct Group Holdings (DIRECTV), Time Warner Inc.,
NBC Universal, National Amusements Inc., CBS Corporation, Viacom Inc., News
Corporation, and TEGNA Inc.
The print industry consists of publishing companies that produce newspapers,
magazines, books, journals, and periodicals, their online versions, and directories,
mailing lists, software publishing, and video games.
In general, media and entertainment jobs include reporters, correspondents, and
broadcast news analysts; writers and authors; editors; photographers; graphic
designers; translators; film and video editors and camera operators; broadcast and
sound engineering technicians; announcers; producers and directors; and performers—
from actors to musicians and composers. The workers who are behind the scenes and
focused on the business side are public relations people, talent agents and
representatives, marketing managers, entertainment lawyers, and distribution workers,
among others.”.
The Indian Media and Entertainment (M&E) industry is a sunrise sector for the economy
and is making high growth strides. Proving its resilience to the world, the Indian M&E
industry is on the cusp of a strong phase of growth, backed by rising consumer demand
and improving advertising revenues. The industry has been largely driven by increasing
digitisation and higher internet usage over the last decade. Internet has almost become
a mainstream media for entertainment for most of the people.
The revenue of the newspaper consists of subscription sale, trade sale and mainly from
advertising. More than 70% of the total revenue comes from advertising.
Inadequate data: The data provided was not sufficient due to which the generalizations
cannot be made.
Time factor: The research was carried out in a short period. Therefore the sample
Size.
and the parameters were selected accordingly so as to finish the work within the given
time frame.
SECONDARY DATA
Secondary data are those data which are collected and which has been passed through
statistical research. The source used in this case are-
Books.
Magazines.
Newspapers websites
In this project, primary data has been collected from the respondents.
Primary data are those data, which is originally collected. This methodology is used for
the proximity to the truth and control over errors. These are several methods of primary
data collection like questionnaire, interview, observation etc. The method used by me is
Questionnaire.
It is considered as the heart of survey operations and therefore should be very carefully
constructed. It consists of a number of questions printed or typed in a definite order
which is filled by the respondents on their own. A good questionnaire should be
comparatively short and simple and the sequence shall be from easy the difficult ones.
Questionnaires have many positive features like:
Parent Company The Times Group (Also referred as Bennett colemen and co.ltd)
Category Newspapers
Language English
Headquarters Mumbai
Website http://timesofindia.indiatimes.com/
The Times of India (also known by its abbreviation TOI) is an Indian English-language
daily newspaper and digital news media owned and managed by The Times Group. It is
the third-largest newspaper in India by circulation and largest selling English-language
daily in the world. It is the oldest English-language newspaper in India, and the second-
oldest Indian newspaper still in circulation, with its first edition published in 1838. It is
nicknamed as "The Old Lady of Bori Bunder”, and is an Indian "newspaper of record".
Near the beginning of the 20th century, Lord Curzon, the Viceroy of India, called TOI
"the leading paper in Asia". In 1991, the BBC ranked TOI among the world's six best
newspapers.
It is owned and published by Bennett, Coleman & Co. Ltd. (B.C.C.L.), which is owned by
the Sahu Jain family. In the Brand Trust Report India study 2019, TOI was rated as the
most trusted English newspaper in India. Reuters rated TOI as India's most trusted
media news brand in a survey. In recent decades, the newspaper has been criticised for
establishing in the Indian news industry the practice of accepting payments from
persons and entities in exchange for positive coverage.
MISSION
“Create & build brands with differentiated content to capture relevant audiences and
market the value of these to advertisers to help them sell and strengthen their brands”.
CHAPTER 2
COMPANY AND
INDUSTRY PROFILE
2. COMPANY AND INDUSTRY PROFILE
Times Infotainment Media Limited (TIML) & Entertainment Network India Limited
(ENIL) that together control:
Radio Mirchi – National network of Private FM stations.
360 Degrees – Event Management.
Times Outoors – Outdoor Advertising & Billboard Marketing.
Mirchi Movies Limited – Movie production, Entertainment.
Indiatimes portal
Times of Money – an online payments portal specializing in remitting money to
India and other parts of the world.
Times Global Broadcasting Limited - This was a Joint Venture with Reuters untill Reuters
exited. The company heads:
It takes the content from the editorial team and prints using high capacity
advanced press machines that deliver the product in packaged condition
Situated in Lucknow for U.P. region.
Capacity to print over 10 lac copies.
Printing starts around 1-1:30 am usually
After Printing, stacking is done before dispatching newspapers to depots
Labeling done to match stacks with destination
Usually stocks for depots situated the farthest are dispatched earliest.
Depots
The distribution centre receives the copies from the transporter and stocks it for a
short duration
Close to numbers of depots in Lucknow
Keep publications (newspaper + magazines) for various companies
Serviced by salespersons who are company employees
Unorganized – keep newspapers / magazines scattered on pavements or on steps
of some malls etc
AGENTS
VENDORS
Like retailers. Link between depot and end consumer
INFORMATION FLOW
New consumer/Existing consumer taking or terminating subscription
Inform their Vendor (increase/decrease his order by one)
Vendor Informs the distributor
Distributor informs the company.
CHANNEL MARGIN
PROMOTION SCHEMES: -
TRADE SCHEMES
Challenge for channel member: Balance reader interest while trying to increase
sales to avail benefits of the scheme
SUBSCRIPTION SALES
Offer choice of publication for a certain amount of time at a lump sum discount
price
Purpose- gaining new customers and making customer switch
HR Policies
Job analysis is the process of determining and recording all the pertinent information
about a specific job, including the task involved, the knowledge and skill set required to
perform the job , the responsibilities attached to the job and the ability required to
perform the job successfully.
Job design : -
It determines the way in which work should be performed which inturn affects the
degree of authority of an employee over the work , scope of decision making by the
employee, the number of task an employee has to perform and employee satisfaction.
Recruitment :-
Requirement is the process of seeking and attracting the right kind of people to apply for
a job in an organization. There are various sources of recruitment available for an
organization but we are decided to take the main power from external sources like
campus recruitments, advertisement and employment agencies.
Selection :-
The process of choosing the most suitable candidate for a job from among the available
candidates is called selection. It is the process of ascertaining the qualification,
experience,skill, knowledge etc. of an applicant with the purpose of determining the
suitability for a job.
Training :-
Motivation :-
In essence, as industries evolve, employers have to ensure that apart from the basics of
‘roti, kapda and makaan’, employees also expect job satisfaction, learning and
development facilities. Motivation no longer comes from just a lucrative pay package.
DISTRIBUTION CHANNEL
Marketing-channel decisions are among the most critical decisions facing management.
The channels chosen intimately affect all the other marketing decisions. The company's
pricing depends on whether it uses mass merchandisers or high' quality boutiques. The
firm's sales force and advertising decisions depend on how much training and motivation
dealers need. In addition, the company's channel decisions involve relatively long-term
commitment to other firms.
A distribution system is a key external resource. Normally it takes tears to build, and it is
not
easily changed. It ranks in importance with key internal resources such as
manufacturing, research, engineering, and field sales personnel and facilities. It
represents a significant corporate commitment to a set of policies and practices that
constitute the basic fabric on which is woven an extensive set of long term relationships.
Intermediaries smooth the low of goods and services. This procedure is necessary in
order to bridge the discrepancy between the assortment of goods and services generated
by the producer and the assortment demanded by the consumer.
SWOT ANALYSIS
Strengths:
Being the largest company of its kind, it has the largest market share in India.
It can be said as the most awarded brand of its kind in Lucknow.
It provides best quality contents including all magazines and newspapers in
low prices.
Having tie-up with BBC, increases the brand value.
Parent company’s presence in all media i.e television and radio etc., becomes
easy to reach a wide range of consumers for its campaign.
Weaknesses: -
Tough competition in the industry raises limited scope for increasing market
share.
Opportunities: -
Threats: -
Basically local language publications can take over its market share
KEY EXECUTIVES
Vineet Jain, MD
Jug Suraiya (associate editor, columnist, "Jugular Vein," cartoonist, Dubyaman II)
Swaminathan Aiyar (columnist, "Swaminomics")
R. K. Laxman (You Said It editorial cartoon, featuring the famous Common Man)
M. J. Akbar, Columnist, "The Siege Within" and former Editorial Team
Chetan Bhagat, Columnist, Sunday TOI
Shashi Tharoor, Columnist of "Shashi on Sunday"
V. D. Trivadi, Humorist
Twinkle Khanna, Columnist of "Mrs. Funnybones"
Swapan Dasgupta, Columnist, Sunday TOI
The Times Group is the largest media services conglomerate in India . It is headed
by brothers Samir and Vineet Jain. It reaches out from:
SUBSIDIARIES:
Times Internet
Bennett University
Times Music
Indiatimes shopping
Times Network
This was a Joint Venture with Reuters. No longer a joint venture as Reuters has exited.
Times Private Treaties is a barter program in which Advertisement space is bartered for
1838: 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 the interest of Bombay's business
community.
1846: The newspaper changes hands and Dr. George Buist is appointed editor.
1850: Shareholders decide to increase the share capital and the paper is converted into
a daily.
1859: Bombay Standard and Chronicle of Western India merges into The Bombay Times
and Journal of Commerce to form Bombay Times & Standard
1861: Editor Robert Knight amalgamates The Bombay Times & Standard and Bombay
Telegraph & Courier to form The Times of India and gives it a national character.
1880: The Times of India Weekly Edition is launched. This was later called The Times of
India Illustrated Weekly and finally as The Illustrated Weekly of India in 1923.
1890: Editor Henry Curwen buys The Times of India in partnership with Charles Kane.
1892: Following the death of Henry Curwen, T. J. Bennett becomes the editor and enters
into a partnership with F.M. Coleman to form a joint stock company - Bennett, Coleman
& Co. Ltd. (BCCL).
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.
1946: For the first time, the paper transfers to Indian ownership. Ram Kishan Dalmia
buys out Bennett, Coleman & Co. Ltd for Rs. 2 crores. Partly, the takeover is funded by
illegal money transfers from other companies, and Ram Kishan was imprisoned after the
matter was raised in parliament by Feroze Gandhi in 1955.
1948: Sahu Jain Group become the owners of the company after Dalmia sells the firm to
recover 2.5 crores he needs to pay back to an insurance company. Shanti Prasad Jain,
son-in-law of Ram Kishan Dalmia, becomes the first chairman of the group.
1950: Delhi edition is launched with K. Gopalswami as the first Indian editor.
1991: BBC features The Times of India among the world's six great newspapers.
1999: Indiatimes webportal launched; BCCL enters music retailing business with Planet
M.
2004:
Launch of the Times Private Treaties - The Innovative Branding Solution from The
Times Group stable.
Launch of the Jobs portal Times Jobs.
Television Business launched with the launch of a lifestyle and entertainment
channel called Zoom.
2006:
2007:
2008:
Launch of SimplyMarryZine.com
Launch of The Times of India, Chennai Edition [13]
Launch of Pune Mirror
Acquisition of Virgin Radio (now known as Absolute Radio) in the UK
2009:
Comments:
Maximum number of people in chandigarh region prefers to read tribune because of its
more coverage on regional news and bigger fonts than other newspapers.
After tribune, denik bhaskar (Hindi Newspapre) is on the second position and among first
in Hindi Newspapers. Times of India is at the 4th position after Hindustan times.
a) Yes b) No
a) Yes-65.3% b) No-34.7%
Comment:
More than half of the people in the survey go through the additional supplements
provided in the newspaper and rest of them doesn’t like to read additional supplements.
Times of India’s most popular supplement is Education Times regarding education of
the students and Times Ascent regarding jobs available in the market.
Hindustan times popular supplement is Brunch regarding fashion, cinema, lifestyle.
Tribune’s popular supplement is Spectrum and Lifestyle
6: Does your newspaper provide you all the essential business information?
Almost fifty percent of the people are satisfied with the job information provided in their
newspaper in this mostly are times of India and Hindustan times reader. 28 percent of the
people are not satisfied with job information provided in their newspaper it includes
dainik bhaskar, amar ujalla, Punjab kaisry
Times education is most popular among students especially preparing for competitive
exams.
8: Has the information from classified section been able to resolve your queries?
Marketing Research is the most crucial activity in the field of marketing to assess the
consumer behavior towards any company or brand. How far does the psychology of the
consumer affects the performance of any product was practically witnessed by me? I
tried my level best to present all the facts correct but as marketing research is not a true
science hence certain degree of alterations are possible in the research report.
The project gave me immense opportunity to give myself exposure and ideas in the field
of marketing. I came to know about the behavior of human being, which fluctuates in
different situations and times. My project findings are:
Most of the readers like to read regional news with good presentation that is why
Tribune is number one in Chandigarh region . Times Of India is week in these two
aspects that is regional coverage and presentation. All over it is the highest selling news
paper in India according to 2006 survey. But to be number one in Chandigarh region it
needs to work on these two aspects.
In the year 2008, the newspaper reported that (with a circulation of over 3.14 million) it
was certified by the Audit Bureau of Circulations (India)as the world's largest selling
English-language daily newspaper, placing as the 8th largest selling newspaper in any
language in the world. According to the Indian Readership Survey (IRS) 2010, the Times
of India is the most widely read English newspaper in India with a readership of
70.35 lakhs (7.035 million). This ranks the Times of India as the top English newspaper
in India by readership. According toComScore, Indiatimes (and not TOI online) is the
world's most-visited newspaper website with 159 million page views in May 2009,
ahead of the New York Times, The Sun, Washington Post, Daily Mail and USA
Today websites.
Supply chain of Times of India is more professional and more systemized as compared to
other newspapers.
GENERAL GUIDELINES
Use Times New Roman font. Font size: 12 for text and 14 for Headings
Line spacing should be 1.5
Do not underline the text in capitals
Do not indent anywhere
Do not use I, me , we etc anywhere in the report
Use past tense throughout the report.
PREPARING REFERENCES/BIBLIOGRAPHY
While preparing the Bibliography, in case of website as a source, ensure that the
date and the timing of accessing the website is mentioned along with.
While preparing bibliography student must adopt the following method:
Article in a Magazine
Henry, W. A., III. (1990, April 9). Making the grade in today's schools. Time, 135, 28-31.
Article in a Newspaper
Unlike other periodicals, p. or pp. precedes page numbers for a newspaper reference in
APA style. Single pages take p., e.g.., p. B2; multiple pages take pp., e.g.., pp. B2, B4 or
pp. C1, C3-C4.
Schultz, S. (2005, December 28). Calls made to strengthen state energy policies. The Country
Today, pp. 1A, 2A.
Calfee, R. C., & Valencia, R. R. (1991). APA guide to preparing manuscripts for journal
publication. Washington, DC: American Psychological Association.
Government Document
National Institute of Mental Health. (1990). Clinical training in serious mental illness (DHHS
Publication No. ADM 90-1679). Washington, DC: U.S. Government Printing Office.
Conference Proceedings
Schnase, J.L., & Cunnius, E.L. (Eds.). (1995). Proceedings from CSCL '95: The First
International Conference on Computer Support for Collaborative Learning. Mahwah, NJ:
Erlbaum.
Bernstein, M. (2002). 10 tips on writing the living Web. A List Apart: For People Who Make
Websites, 149. Retrieved May 2, 2006, from
http://www.alistapart.com/articles/writeliving
Online Newspaper Article
Author, A. A. (Year, Month Day). Title of article. Title of Newspaper. Retrieved
http://www.someaddress.com/full/url/
Parker-Pope, T. (2008, May 6). Psychiatry handbook linked to drug industry. The New York
Times. Retrieved from http://www.nytimes.com
Electronic Books
De Huff, E.W. Taytay’s tales: Traditional Pueblo Indian tales. Retrieved from
http://digital.library.upenn.edu/women/dehuff/taytay/
taytay.html