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TheTimesGroupWikipedia,thefreeencyclopedia

TheTimesGroup
FromWikipedia,thefreeencyclopedia

TheTimesGroupalsocalledBennettColeman&Co.Ltd
(BCCL)isIndiaslargestmediaconglomerate,accordingto
FinancialTimesasofMarch2015.[3]TheAuditBureauof
CirculationsreportedinMay2014thattheTimesofIndia
hadthelargestcirculationofanyEnglishlanguage
newspaperintheworld,with3,321,702averagequalifying
sales.[3][4]Thecompanyremainsafamilyownedbusinessas
thedescendantsofSahuJainownamajoritystakeinThe
TimesGroup.TheTimesGrouphasover11,000employees
andrevenueexceeding$1.5billion.[2]

Contents
1
2
3
4

5
6
7
8

History
ChannelsunderTimesNetwork
Overview
Subsidiaries
4.1 ENIL
4.2 TimesInternetLimited
4.3 TimesofMoney
4.4 TimesBusinessSolutions
4.5 WorldWideMedia
4.6 TIMLRadioLimited
4.7 TimesSyndicationService
4.8 BrandCapital
4.9 Onlineshopping
Seealso
References
Furtherreading
Externallinks

TheTimesGroup
BennettColeman&Co.Ltd

Type

Private

Industry

Massmedia

Founded

4November1838

Headquarters

Mumbai,Maharashtra,India

Keypeople

InduJain
(Chairperson)
SamirJain
(ViceChairman)
VineetJain
(ManagingDirector)
RajJain
(ChiefExecutiveOfficer)

Products

Publishing
Broadcasting
Radio
Film
Entertainment
Webportals

Revenue

8,778crore(US$1.3billion)
(2015)[1]

Netincome

1,186crore(US$180million)
(2015)[1]

History

Numberof
employees

11,000(2014)[2]

1838:Thefirsteditionappearson3November1838,knownasTheBombayTimesandJournalofCommerces
asasemiweeklyeditionbyRaobahadurNarayanDinanathVelkar,aMaharashtrianReformist.Thenewspaper
waspublishedtwiceaweek(SaturdayandWednesday)undereditorJ.E.Brennan.Itisbasicallyacitypaper
reflectingtheinterestofBombay'sbusinesscommunity.[5]
18401857:ThenewspaperchangeshandsandGeorgeBuistbecomestheeditoroftheTimesfrom1840to
1857.[6]
'0000:Shareholdersdecidetoincreasethesharecapitalandthepaperisconvertedintoadaily.[7]
1859:BombayStandardandChronicleofWesternIndiamergesintoTheBombayTimesandJournalof
CommercetoformBombayTimes&Standard[8]

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1861:EditorRobertKnightamalgamatesTheBombayTimes&StandardandBombayTelegraph&Courierto
formTheTimesofIndiaandgivesitanationalcharacter.[5]
1880:TheTimesofIndiaWeeklyEditionislaunchednamelaterchangedtoTheTimesofIndiaIllustrated
WeeklyandfinallytoTheIllustratedWeeklyofIndiain1923.[9]
1890:EditorHenryCurwenbuysTheTimesofIndiainpartnershipwithCharlesKane.
1892:FollowingCurwen'sdeath,ThomasJewellBennettbecomestheeditorandentersintoapartnershipwith
FranckMorrisColemantoformajointstockcompanyBennett,Coleman&Co.Ltd.(BCCL).
1907:Inthenewspaper'sfirstpricewarundereditorStanleyReed,thepriceiscutfrom4annasto1anna,and
circulationrises5times.
1946:Forthefirsttime,thepapertransferstoIndianownership.RamKishanDalmiabuysoutBennett,
Coleman&Co.LtdforRs.2crores.
1948:SahuJainGroupbecometheownersofthecompanyafterDalmiasellsthefirmtorecover2.5croreshe
needstopaybacktoaninsurancecompany.SahuShantiPrasadJain,soninlawofRamKishanDalmia,
becomesthefirstchairmanofthegroup.
1950:DelhieditionislaunchedwithK.GopalswamiasthefirstIndianeditor.
1952:FilmfarelaunchedandstartedbyJ.C.Jain,thefirstIndiantobetheGMofTOI.[5]
1959:Feminaislaunched.[5]
1960:SahuRameshChandraJainjoinsBCCL
1961:TheEconomicTimesislaunched.
1962:MaharashtraTimesislaunched.
1982:SamirJainjoinBCCL.
1984:TimesofIndia,Bombaysetupmodernizednewsroom(includingnewlookclassifiedpages)
1985:TimesofIndia,Delhisetupmodernizednewsroom(includingnewlookclassifiedpages)
1985:NanditaJainjoinsBCCLandstartedSaturdayTimes
1986:VineetJainjoinsBCCL.IsnotbackinDelhibecausefinishinghiseducationinSwitzerland.AllTimesof
IndiaGroupmarketing,advertisingandpromotionalmaterialissenttohimforhisbrandorientation.The
EconomicTimescelebratesitsSilverJubilee.Crossescirculationof100,000copiesforthefirsttimeinits
publishinghistory.Thepaperisprintedonwhitenewsprintandbecomes"pink"5yearslater
1986:"MASTERMIND",theTimesofIndiaGroupconsolidatedandinterlinkednewspaperratecardis
launched.Causesstirinmediacirclesbecauseitisthecountry'sfirsteverpricepositioningexercise.[10]Times
ofIndiaandNavbharatTimes,Patnaeditionstarted.
1987:"SaturdayTimes"islaunchedincolorinFebruaryatthefirsteverTimesofIndiaGroupManagement
conferenceinGoa."MASTERMIND"isrunincolor.TheTimesGroupbrandbuildingactivitystartsinearnest.
PrintingofTheTimesofIndiafromKandiviliPress.
1988:TheTimesofIndiacelebrates150years.Celebrationiscontinuedfor2moreyearsduetoitsimmense
successincatalyzingart,musicandfashionindustriesinIndia.TimesofIndiaorganiseddebatesragearound
thecountryonroleofmedia,advertising,cinema,journalism,printproductionandmasscommunication,and
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becometheprecursorofIndia'seconomicliberalization.
1989:TheTimesGroupwinsitsfirsteveradvertisingaward(BestB&WCampaigninPrintCategory)forThe
TimesofIndiasesquicentennialcampaign:"GoodTimes,SadTimes,ChangingTimes"
1990:TheTimesSchoolofMarketingisestablishedasaninhousetrainingschooltoalsocatertotheTimes
Group'sneedforyounginternsandpersonnel.VineetJainreturnstoDelhi.TheEconomicTimeslaunches
"BrandEquity"as"NewsfromtheMarketingBattlefront"onWednesdays.Takesmarketingfraternityby
storm.Weekend"CorporateDossier"isalsolaunchedbyTheEconomicTimes.
1991:BBCfeaturesTheTimesofIndiaamongtheworld'ssixgreatnewspapers.TheEconomicTimesis
launchedon"salmonpink"newsprintdistinguishesitfromotherbusinesspaperspublishedonwhite
newsprint.CoverpriceofTheEconomicTimesisdroppedtoRs.2/only.CirculationofTheEconomicTimes
surgesexponentiallyundertheofferline,"Whybegorborrowwhenyoucansteal?AtRs.2/TheEconomic
Timesisasteal!"
1992:CampaigncommencestourgereaderstoreadTheTimesofIndiaandTheEconomictimestogetherto
getabetterideaofavastlychangingIndia.Combosubscriptionrateoffered.
1993:BCCLstartsproductionoftelevisionsoftware.Prestigiousbutmoneylosingmagazinessuchas
DharmyugandIllustratedWeeklyofIndiaceasedpublication.
1996:TheTimesofIndiacrosses1millionmarkincirculation.
1998:BCCLentersintomusicmarketwithTimesMusic.
1999:IndiatimeswebportallaunchedBCCLentersmusicretailingbusinesswithPlanetM.
2000:TheTimesofIndiacrossesthe2millionmarkincirculation.
2000:TimesofmoneyJVwithCitibank.
2001:RadioMirchiNationwidePrivateFMBroadcasting.[11]
2001:360DegreesEventManagementArmlaunched.
2002:TimesOutdoorOutdoorAdvertising&BillboardMarketing.MASTERMINDbecomesthelongest
runningmediapricepositioning/ratecard"brand"acknowledgedbyindustryasapioneerandpathbreakerfor
over15years:[12]
2003:TimesClassifiedsClassifiedssitecateringtowebaudiences,thegrouppublicationsandalso
publicationsfromothercountrieslikeSriLanka.
2004:
LaunchoftheJobsportalTimesJobs.[13]
TelevisionBusinesslaunchedwiththelaunchofalifestyleandentertainmentchannelcalledz00m.[5]
2005:LaunchofaMatrimonialswebsiteTimesMatri.[13]LaunchofcompactnewspaperMumbaiMirror.
2006:
LaunchofatelevisionNewsChannelcalledTimesNowincollaborationwithReuters.
RadioMirchiholdingcompanyENIL(EntertainmentNetworkIndiaLimited)listsontheIndianstock
markets.ItisthefirstTimesGroupcompanytoListonthebourses.
LaunchofaPropertyservicesPortalMagicBricks
TimesMatriisrebrandedasSimplyMarry[13]
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AnewholdingcompanybythenameofTBSLiscreated.ThiscompanycontrolsthebrandsTimesJobs
SimplyMarry(earliercalledTimesMatri)andMagicBricks
TimesofMoneylaunchesRemit2Home,tocatertoGlobalRemittanceMarket
AcquisitionofVijayKarnatakaKannadadailynewspaperinKarnataka,India
TheTimesOfIndiaeditionlaunchedinNagpurmarket.
2008:
LaunchofSimplyMarryZine.com
LaunchofTheTimesofIndia,ChennaiEdition[14]
LaunchofPuneMirror
AcquisitionofVirginRadio(nowknownasAbsoluteRadio)intheUK[15][16][17]
LaunchofTimesofIndiaGoa,alongwithGoaMirror.However,theGoaeditionhasrelativelyless
coverageofhappeningsinGoa.
2009:
LaunchofETNowAbusinessnewschannel
2010
LaunchofVijayanextKannadaWeeklymagazine
2011
LaunchofTheTimesofIndia,CoimbatoreEditionandMaduraiEditionandTrichyEditionand
PuducherryEdition
2012
LaunchofTheTimesofIndia,Kerala,VisakhapatnamandRaipur(Chhattisgarh)Edition
Launchof"AliveApp*Aliveapp"inpartnershipwithAdstuckConsultinganAugmentedRealityApp
LaunchofTheTimesOfIndia,Aurangabad(M.S)Edition.
2013
LaunchofTheTimesOfIndia,KolhapurEdition.
Bookpublished,"TOIStory"(276pages)inAugust2013byHarperCollinsacknowledgesthat
NataranjanBohidarwasthefirstbrandmanagerinthehistoryoftheTimesofIndiagroup(estd.1838)
andintroducedtheconceptofbrandpositioningtoIndia'smedia"industry"workingattheTimesGroup
outofNewDelhi(198692).[18]

ChannelsunderTimesNetwork
AvailableChannels
MN+HD
RomedyNow
RomedyNowHD
MoviesNow
MoviesNowHD
ETNow
Zoom
TimesNow
MagicbricksNow
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Overview
Thecompanyhassixteenpublishingcentres,[19]fifteenprintingcentres,[19]fiftyfivesalesoffices,Over11,000
employees,fivedailies,[19]includingtwoofthelargestinthecountrywithapprox4.3million,copiescirculated
daily,twoleadmagazines,[19]twentyninenichemagazinesreaching2468citiesandtowns,[19]thirtytwoRadio
Stations.[20]
Itsmajorbrandsinclude:
TheTimesofIndia,World'slargestEnglishlanguagebroadsheetdailyintermsofcirculation[21]
TheEconomicTimes,India'slargestfinancialdaily,andtheworld'ssecondlargestintermsofcirculation
afterTheWallStreetJournal
MaharashtraTimes,Marathidaily
NavbharatTimes,HindiDailyinDelhiandMumbai
EiSamaySangbadpatra,BengaliDailyinKolkata
SandhyaTimes,HindiDailyEveningTabloidinDelhi
MumbaiMirrorIndia'slargestcirculatedcompactnewspaper
KolkataMirror
AhmedabadMirror
PuneMirror
BangaloreMirror,Bangalore'sfirstmorningcompactdaily
BrandCapital,Playabiggergame.
VijayaKarnataka,Kannadadaily.
ZigWheels,India'slargestAutomobilemagazine.
ETWealth,India'slargestPersonalFinancecompactweekly.
TheTimesofIndiacompeteswithHTMedia,themediaconglomeratethatownsofEnglishlanguage
newspaperHindustanTimesandtheHindidailyHindustan.Thosetwoalonehadadailyreadershipof12.7
millionaccordingtotheirwebsite.[22]
ItcontinuestobehotlydebatedwhetherthegroupshouldbecalledTheTimesofIndiaGrouporthe
TimesGroup,butthecorporatetimesgroup.comsiteretainsthename"TheTimesofIndiaGroup",andits
housecolor"red",originallyenvisagedbythecreatorsofMASTERMIND(launchedinFebruary1987),
whichwashistoricallythefirstevereffort(inits175yearhistory)toconsolidatethenewspapersandtheir
activitiesintoaGroup.

Subsidiaries
TheTimesGroupsubsidiarycompaniesinclude:

ENIL
EntertainmentNetworkIndiaLimitedthatcontrols:
RadioMirchiNationalnetworkofFMradiostations
360DegreesEvents
TimesOutdoorsOutdoors(TIMDelhiAirportAdvertisingPrivateLimited
MirchiMoviesLimitedFilmedEntertainment.ProducersofBEINGCYRUS,VELLITHIRAI,
MANJADIKURU
Media360ConceptIndiaPvtLtdBangaloreClassifiedsChannelPartner.

TimesInternetLimited

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TimesInternetLimitedisoneofthelargestinternetcompaniesofIndia.Ithasinterestsinonlinenews,online
businessnews,Hindi,Marathi,Kannada,andBengalinews,mobile,eCommerce,music,video,and
communities.SomeofthelargerpropertiesofTILinclude:
IndiatimesshoppingoneofthelargestandearliestecommerceportalsinIndia
Indiatimes
HealthMeUp.com
Gaana.com
BoxTV.com
Cricbuzz.com
MensXP.com
ZigWheels
Dineout.co.in

TimesofMoney
TimesofMoneyoperatesfinancialremittanceservicesforIndiansabroadtosendmoneybacktoIndia.Their
product,remit2India,isastandaloneproduct,whilealsopoweringtheremittanceservicesofmanybanks
globally.

TimesBusinessSolutions
TBSL,corporatewebsiteofTBSL.
TimesJobs,ajobsportal[13]
Techgig,aprofessionalnetworkingsiteforTechnologyPeoples.
SimplyMarry,amatrimonialportal[13]
MagicBricks,arealestateportal[13]
Yolist,freeclassifiedsportal[13]
Ads2Book,onlineclassifiedsbookingsystemforprintpublications[13]
PeerPower,aSeniorLevelprofessionalnetworkingportal[13]

WorldWideMedia
WorldWideMediastartedoffasa50:50magazinejointventurebetweenBCCLandBBCmagazines.In
August2011,itwasannounced[23]thatBennett,Coleman&Co.boughtouttheremaining50percentsharesof
WorldwideMediafromBBCWorldwidetherebymakingWorldWideMediaafullyownedsubsidiaryof
BCCL.
Filmfare
FilmfareAwards,anawardsshow
Femina
FeminaMissIndia,aBeautyPageant
MrIndiaWorld,aMaleBeautyPageantwhosewinnerrepresentsIndiainMrWorld.
MissDiva,apartofFeminaMissIndiapageant.
TopGearMagazineIndia
BBCGoodHomes
FeminaHindi
Grazia
HelloMagazine

TIMLRadioLimited

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On30May2008,SMGsoldTheBritishVirginRadiotoTIMLRadioLimitedfor53.2millionwith15
millionsetasideforrebranding.[24]On28September2008,TheBritishVirginRadioStationrebrandedas
AbsoluteRadio,includingthesisterradiostationsAbsoluteXtremeandAbsoluteClassicRock.
On29July2013,TheTimesGroupsoldoffAbsoluteRadiotoBauerMediafor22.0million,makingalossof
31.0millionin5years.[25]

TimesSyndicationService
ThesyndicationdivisionofTheTimesofIndiaGroup,[26]grantsreprintrightsfortext,andothermediafrom
thegroup'spublications.

BrandCapital
BrandCapitalisthestrategicinvestmentdivisionoftheTimesGroupthatworkswiththeentrepreneureco
system.Thecompanyhas5businessofferingsnamelyBrandCapitalwhichprovidesadvertisingcapitalto
investeecompaniesinreturnforbusinessstake,BrandEstateasimilarofferingfortherealtysectorwith
propertyasassetheld,Springboardwhichcreatesjointventureswithentrepreneursinexcitingassetlight
industries,Brandscopewhereaspirationalbrandsarecreatedandnurturedthatstraddlemultiplecontentand
productcategoriesandlastlyIncubatorCapitalwhichimpactsstartupsgrowthtrajectorythroughbusiness
andbrandincubation.BrandCapitalalsohastwomarketingdivisionsScaleUp,amentoringplatformand
PROPELanentrepreneuroutreachprogram.

Onlineshopping
Satvikshop,anonlineshoppingwebsitededicatedtoorganicandayurvedicproducts.[27][28]

Seealso
PublicationsofTheTimesGroup

References
1."Timesgroupprofitup44%".BusinessStandard.
2."TimesGroupmaygoforanIPO'inthelongrun' ".BusinessStandard.6October2012.
3.JamesCrabtree,Mumbai(23March2015)."UberintieupwithTimesofIndiadigitalarm".FinancialTimes.
Retrieved24March2015.
4."DetailsofmostcirculatedpublicationsfortheauditperiodJulyDecember2013".AuditBureauofCirculations.21
May2014.Retrieved24March2015.
5.AboutUs(http://www.zoomtv.in/about/)zOOmArchived(https://web.archive.org/web/20080720062441/http://www.z
oomtv.in/about/)20July2008attheWaybackMachine.
6.TheJournaloftheRoyalGeographicSocietyofLondon,Volume21ByRoyalGeographicalSocietyofGreatBritain.
7.AustralianLibraryCollections(http://nla.gov.au/anbd.biban6204051)LibrariesAustralia
8.SouthAsianNewspapersinAustralianLibraries:aHoldingsList(http://www.nla.gov.au/asian/gen/sanews.html)
NationalLibraryofAustralia
9.AustralianLibraryCollections(http://nla.gov.au/anbd.biban25188860)LibrariesAustralia
10."b4i4get:TheVincicodeofMastermind:UncoveringthefirsteverpricepositioningexerciseintheIndianMedia
history".BestMedia.
11.ENIL(http://enil.co.in/enil.html)enil.com
12.http://www.exchange4media.com/5860_mastermindyieldstomaximizer.html#
13.OurHistory(http://www.tbsl.in/History.html)TimesBusinessSolutionsCiteerror:Invalid<ref>tagname"tbsl"
definedmultipletimeswithdifferentcontent(seethehelppage).
14.TOIslaunchallsettoheatupChennai(http://www.livemint.com/2008/04/11235220/TOI8217slaunchallsetto.htm
l)livemint.com
https://en.wikipedia.org/wiki/The_Times_Group

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15.SaleofVirginRadiotoTIMLfor53.2million(http://www.londonstockexchange.com/LSECWS/IFSPages/MarketN
ewsPopup.aspx?id=1856978&source=RNS)LondonStockExchange
16.TimesGroupbuysUK'sVirginRadioforRs448cr(http://economictimes.indiatimes.com/News/News_By_Compan
y/Corporate_Trends/Times_Group_buys_UKs_Virgin_Radio_for_Rs_448_cr/articleshow/3089589.cms)The
EconomicTimes
17.TimesofIndiacompanybuysVirginRadioHoldingsLtd(http://www.campaignindia.in/news/times_of_india_compan
y_buys_virgin_radio_holdings_ltd)CampaignIndia
18.http://www.goodreads.com/book/show/18516064thetoistory
19.AboutUs(http://www.timesmusic.com/about.php)TimesMusic
20.VirginRadioownersetshisdialfortheweb(http://www.ft.com/cms/s/0/b13239ae328c11dd9b870000779fd2ac.ht
ml)FinancialTimes
21.WorldPressTrends2008.WorldAssociationofNewspapers.2008.p.14.Retrieved23June2009.
22."HTAboutUspage".HTMedia.
23.owned+subsidiary+of+BCCL(http://www.afaqs.com/media/story.html?sid=31297_Worldwide+Media+becomes+who
lly)WorldwideMediabecomeswhollyownedsubsidiaryofBCCL
24.VirginrebrandedasAbsoluteRadio(http://www.ft.com/cms/s/0/5bf80d84784511ddacc30000779fd18c.html)
FinancialTimes
25.BauerMediabuysAbsoluteRadio|Media(http://www.theguardian.com/media/2013/jul/29/bauermediabuysabsolut
eradio).theguardian.com(20130729).Retrievedon20131223.
26.TimesSyndicationService(TSS)
27."TimesInternettolaunchSatvikShop.comasanecommercestoreofAyurvedaproducts".IndiaDigitalReview.
Retrieved20120822.
28."TILbackedorganic&ayurvedicestoreSatvikshopgoeslive".VCCircle.Retrieved20120829.

Furtherreading
KenAuletta,"CitizensJainWhyIndia'sNewspaperIndustryisThriving",TheNewYorker,8October
2012,pages5261.

Externallinks
Indiatimes(http://www.indiatimes.com/)
TheEconomicTimes(English)(http://www.economictimes.com/)
RePrintRightsFromTheTimesOfIndiaGroup(http://www.timescontent.com/)
"MastermindyieldstoMaximizer"(http://www.exchange4media.com/5860_mastermindyieldstomaxi
mizer.html#)
"Transformingthetimes"(http://businesstoday.intoday.in/story/bookreviewthetoistory/1/204131.html)
Coupondesh.com(http://coupondesh.com/)
Shoppal.in(http://www.shoppal.in/)
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