In an immensely positive development, The Economic Times has made public the code of conduct that will govern the journalists at India’s largest business daily as well as ET Now, the business news channel that went on air yesterday. The code also includes a code of financial conduct, which specifies…

While we thought the launch of Financial Times facsimile edition in India would not happen till the legal tangles over its title is resolved, the paper has received government clearance for the title ‘Financial Times Facsimile’ and may launch sooner than expected. The Registrar of Newspapers in India (RNI), in…

Financial Times India Pvt. Ltd, the India unit of Pearson (NYSE: PSO) Plc., which publishes the British pink paper Financial Times, has received the first in a long list of permissions to launch FT’s facsimile edition in India. The Foreign Investment Promotion Board has allowed the company “To induct foreign…

The Bhaskar Group, publisher of India’s second largest read daily, Dainik Bhaskar, has named K. Yatish Rajawat as managing editor responsible for all group publications. Previously, Rajawat was editor-in-chief of Business Bhaskar, the group’s Hindi business daily that was launched in June 2008. Rajawat confirmed the development. He will continue…

Publisher HT Media today said net profit for the quarter ended 31 March dropped 44% from the year-ago period to Rs23.43 crore on account of higher newsprint prices, adverse currency movement and slowing ad revenue growth. Net sales grew 7% y-o-y to Rs333.82 crore, and total income grew 6% y-o-y…

Reacting to the outcome of general elections that were known Saturday, India’s markets breached the upper circuit within a minute of opening trade on Monday and had to be halted for the day when they were reopened two hours later. In country-wide elections, whose results were announced on Saturday, the…

A facsimile edition of The Wall Street Journal Asia is expected to hit newsstands in New Delhi and Mumbai on Monday. The daily will cost Rs25 per issue, in a country where readers have a choice of six business dailies that sell for Rs3 or less. Wall Street Journal India…

The 2009 Round One of the Indian Readership Survey is out, with mixed trends. Only nine of the top 25 most read publications (including dailies and periodicals) registered a growth in readership. The combined percentage decline in readership, for the 16 publications that registered a drop, was 51.89%. In the…

Update: An FT spokesperson has confirmed the development. “The Financial Times has submitted an application to the relevant Indian regulatory authorities for permission to publish a facsimile edition of the Financial Times in India and is also seeking associated FDI approvals. We have no further comments at this time,” an…

Daily News and Analysis, published by a Mumbai-based joint venture between the Dainik Bhaskar group and subhash Chandra’s Zee group, is about to effect company-wide salary cuts. In a newsroom-wide meeting on Wednesday evening, DNA editor R. Jagannathan, told staffers that salary cuts across the organization were imminent, without specifying…

Mint, the business daily from HT Media Ltd, is launching at least two new editions this year, according to two persons familiar with the situation. Kolkata and Chennai are the two new cities the berliner-sized daily, launched in February 2007, will appear in. Currently, Mint is available in New Delhi,…

One year from its launch, Financial Chronicle, the business daily published by the Bombay Stock Exchange-listed Deccan Chronicle Holdings Ltd (DCHL), will launch its New Delhi edition tomorrow. The paper is currently available in Hyderabad, Chennai, Bangalore and Mumbai. DCHL also publishes Deccan Chronicle. When asked about the performance of…

Two years after media mogul Subhash Chandra first made a bid to acquire the floundering news agency United News of India, and following protracted legal battles and widespread protests that divided India’s media community into two camps, the Essel Group chairman has decided not to pursue the embattled property anymore.…

Price of imported newsprint, the single biggest cost factor for newspaper publishers, is down some 40% to $550, from $920 two quarters ago in September. Contracts for the April-June quarter are getting signed at $550 and according to industry sources, even lower for bigger orders. While this should have come…

A week after Wall Street Journal Managing Editor Robert Thomson announced a “fundamental shift in orientation” whereby Journal reporters will be judged partly by the stories they break, he has laid down the details of how Dow Jones (NYSE: NWS) plan to connect “instantly the best of WSJ news with…

Mumbai-headquartered newspaper Daily News and Analysis, launched in 2005 by an equal-stakes JV between Dainik Bhaskar’s publisher DB Corp Ltd and Subhash Chandra’s Essel Group, will soon cut 30-35 jobs, CEO K.U. Rao told contentSutra. “We have reduced pagination from 42 in July last year to 32 now. So we…

Looks like Yahoo (NSDQ: YHOO) is winding up OurCity. The homepage now carries the following message, which also appears on top of every search page. Yahoo! India Our City will be going off the air on 18th Feb 2009. We have incorporated successes within Our City, into our new offering…

The ministry of information and broadcasting has given the final nod to Wall Street Journal India Publishing Pvt. Ltd, a wholly owned subsidiary of Journal publisher Dow Jones (NYSE: NWS) Inc., to bring out the facsimile edition of The Wall Street Journal and The Wall Street Journal Asia. Suman Dubey,…

A comprehensive design overhaul is underway at Hindustan Times, India’s second largest English daily. Renowned newspaper designer Mario R. Garcia, who has redesigned The Wall Street Journal and The Miami Herald, among others, is leading the efforts, according to sources at HT. Garcia designed Mint, HT Media’s business daily, which…