Nikkei CEO vows to ensures FT's editorial independence

Last Updated: Friday, July 24, 2015, 20:42

Top executives at Nikkei Inc. pledged on Friday to preserve the editorial independence of the Financial Times after the Japanese media group`s $1.3 billion purchase of the British business newspaper, which has sometimes been critical of its new owner.

Nikkei's FT buy follows years of attempting to break into English news

Last Updated: Friday, July 24, 2015, 12:38

The Nikkei also had a years-long alliance with Wall Street Journal publisher Dow Jones, which came to an end in the last decade.

Japan's Nikkei buys Financial Times from Pearson in $1.3 billion deal

Last Updated: Thursday, July 23, 2015, 20:48

Japanese media group Nikkei on Thursday agreed to buy the Financial Times from Britain`s Pearson in a $1.3 billion deal that brings together two leading financial news organisations from Europe and Asia.

Pearson to sell Financial Times to global media company: Source

Last Updated: Thursday, July 23, 2015, 18:04

British publisher Pearson has decided to sell the Financial Times to a "global, digital news company" after owning the business newspaper for nearly 60 years, a person familiar with the deal said on Thursday.

Eros shelves TV channel plan, to focus on digital content

Last Updated: Sunday, July 19, 2015, 12:24

"We had said we would look at considering launching a movie channel but we are not going to do it, in the short-run. The accelerated growth of the digital platform is what changing our mind because we think TV is slowly but surely going to shrink unless TV reinvents itself," Eros International group chief executive and managing director Jyoti Deshpande told PTI.

DB Corp Q1 net down 16% at Rs 66.45 crore

Last Updated: Thursday, July 16, 2015, 16:07

The company had posted a consolidated net profit of Rs 79.12 crore in the same period of the previous fiscal, DB Corp said in a filing to the BSE.

HT Media Q1 net down 23.63% to Rs 24.95 cr

Last Updated: Wednesday, July 15, 2015, 18:48

The company had posted net profit of Rs 32.67 crore in the April-June quarter of the 2014-15 fiscal.

Hindustan Media Q1 net up 23.11% at Rs 41.71 cr

Last Updated: Tuesday, July 14, 2015, 18:57

The company had posted a standalone net profit of Rs 33.88 crore in the same quarter of 2014-15, Hindustan Media Ventures Ltd (HMVL) said in a filing to the BSE.

Facebook 'Friends' icon gets a new look

Last Updated: Tuesday, July 14, 2015, 16:37

Facebook has a "little" change today. Notice something different about your Friends tab? Does it look like anything has changed? No? Well, it has

HDFC MF sells 3.15% in Zee Media for Rs 26 cr

Last Updated: Monday, July 13, 2015, 15:35

HDFC Mutual Fund has sold 3.15 per cent stake in media and entertainment firm Zee Media Corporation for over Rs 26 crore.

Comcast founder Ralph Roberts dies at 95

Last Updated: Friday, June 19, 2015, 21:12

Roberts, who was chairman emeritus of Comcast`s board, died of natural causes in Philadelphia, the company said.

News Corp raises stake in PropTiger to 30%

Last Updated: Tuesday, June 16, 2015, 17:24

"While India's real estate sector continues to work its way through challenging macro conditions, we remain very optimistic, not only about India's long-term potential but also about the management team of PropTiger in its ability to execute, rationally and deliberately," News Corp Senior Vice President, Strategy, Raju Narisetti who also chairs Elara's Singapore-based board, said.