| Type | Privately held company |
|---|---|
| Industry | Media conglomerate |
| Founded | Mumbai (1838) |
| Headquarters | New Delhi, India |
| Key people | Indu Jain (Chairman) Samir Jain (Vice-Chairman) Vineet Jain (MD) |
| Products | Books, cable programming, films, magazines, newspapers, satellite television, sporting events, television, websites |
| Revenue | US$ 1 billion (2009)[1] |
| Employees | 7,000 (2007) |
| Website | timesofindia.com |
The Times Group (also referred as Bennett, Coleman and Co. Ltd.) is the largest media conglomerate in India and is headed by brothers Samir and Vineet Jain. The company has eleven publishing centres,[2] fifteen printing centres,[2] fifty-five sales offices, Over 7000 employees, five dailies,[2] including two of the largest in the country with approx 4.3 million, copies circulated daily, two lead magazines,[2] twenty-nine niche magazines reaching 2468 cities and towns,[2] thirty-two Radio Stations,[3] two Television News Channels, one Television Life Style Channel and turnover in excess of USD 1 billion.
Contents |
Its major brands include:
The Times of India competes with HT Media, the media conglomerate that owns of English-language newspaper Hindustan Times and the Hindi daily Hindustan. Those two alone had a daily readership of 12.7 million according to their website.[5]
The Times Group subsidiary companies include:
Times Innovative Media Limited & Entertainment Network India Limited that together control
Times Internet Limited is one of the largest internet companies of India. It has interests in publishing, mobile, eCommerce, telecom and communities. Some of the larger properties of TIL include: Indiatimes Times of India Economic Times Navbharat Times Maharashtra Times http://shopping.indiatimes.com/ http://mobile.indiatimes.com http://www.itimes.com/
TimesofMoney which has
This was a Joint Venture with Reuters. No longer a joint venture as Reuters has exited.
World Wide Media - started off as a 50:50 magazine joint venture between BCCL and BBC magazines. In August 2011, it was announced [7] that Bennett, Coleman & Co. bought out the remaining 50 per cent shares of Worldwide Media from BBC Worldwide thereby making World Wide Media a fully owned subsidiary of BCCL.
Subscribe Online [All The Times Group Magazines]
On 30 May 2008, SMG sold The British Virgin Radio to TIML Radio Limited for £53.2 million with £15 million set aside for rebranding.[8] On 28 September 2008, The British Virgin Radio Station rebranded as Absolute Radio, including the sister radio stations Absolute Xtreme and Absolute Classic Rock. On 4 December 2009 The Absolute Radio Stations reorganized to Absolute Radio, Absolute Radio extra (UK Only), Absolute 80s (Replacing Absolute Xtreme radio station on DAB digital radio), Absolute Radio 90s and Absolute Classic Rock. This company is a direct subsidiary of BCCL (not through TIML or ENIL).[9]
The syndication division of The Times of India Group,[10] grants reprint rights for text, and other media from the group's publications. Times Syndication Service
1838: The first edition appears on November 3, 1838, known as The Bombay Times and Journal of Commerce. The newspaper was published twice a week under editor J.E. Brennan. It is basically a city paper reflecting the interest of Bombay's business community.[11]
1846-1857: The newspaper changes hands and George Buist, LL.D, F.R.S., becomes the editor of the Times from 1840-57.[12]
1850: Shareholders decide to increase the share capital and the paper is converted into a daily.[13]
1859: Bombay Standard and Chronicle of Western India merges into The Bombay Times and Journal of Commerce to form Bombay Times & Standard[14]
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.[11]
1880: The Times of India Weekly Edition is launched name later changed to The Times of India Illustrated Weekly and finally to The Illustrated Weekly of India in 1923.[15]
1890: Editor Henry Curwen buys The Times of India in partnership with Charles Kane.
1892: Following Curwen's death, Thomas Jewell 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.
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. Sahu 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.
1952: Filmfare launched and started by J.C Jain, the first Indian to be the GM of TOI.[11]
1959: Femina is launched.[11]
1960: Sahu Ramesh Chandra Jain joins BCCL
1961: The Economic Times is launched.
1982: Samir Jain join BCCL.
1984: Times of India, Bombay set up modernised newsroom (including new look classified pages)
1985: Times of India, Delhi set up modernised newsroom (including new look classified pages)
1985: Nandita Jain join BCCL and started Saturday Times (in color)
1986: Vineet Jain join BCCL after came back to Delhi (finishing his education).
1986: Times of India and Navbharat times, Patna edition started.
1987: Printing of The Times of India from Kandivili Press.
1990: The Times School of Marketing is established as an in-house training school to feed the group
1991: BBC features The Times of India among the world's six great newspapers.
1993: BCCL starts production of television software.
1996: The Times of India crosses 1 million mark in circulation.
1998: BCCL enters into music market with Times Music.
1999: Indiatimes webportal launched; BCCL enters music retailing business with Planet M.
2000: The Times of India crosses the 2 million mark in circulation.
2000: Timesofmoney - JV with Citibank.
2001: Radio Mirchi - Nationwide Private FM Broadcasting.[16]
2001: 360 Degrees - Event Management Arm launched.
2002: Times Outdoor - Outdoor Advertising & Billboard Marketing.
2003: Times Classifieds - Classifieds site catering to web audiences, the group publications and also publications from other countries like Sri Lanka.
2004:
2005: Launch of a Matrimonials website TimesMatri[6]
2006:
2007:
2008:
2009:
2010
|
||||||||||||||||||||||||||