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The Times Group

The Times Group is the largest media services conglomerate in India [1]. It is headed by brothers Samir and Vineet Jain. It reaches out from:

Contents


Brands

Its major brands include:

Subsidiaries

Its subsidiary companies include:

ENIL & TIML

Times Infotainment Media Limited & Entertainment Network India Limited that together control

TIL

Times Internet Limited which has

Times Global Broadcasting Limited

This was a Joint Venture with Reuters. No longer a joint venture as Reuters has exited.

A new business channel which is the broadcast version of Economic Times will be launched early in 2009.

Times Business Solutions

World Wide Media

World Wide Media - A magazine joint venture between BCCL and BBC magazines

VPL

Times Private Treaties

Times Private Treaties is a barter program in which Advertisement space is bartered for equity stakes in new and established companies.

TIML Radio Limited

TIML Radio Limited which purchased Virgin Radio (and renamed to Absolute Radio) in the United Kingdom[5]. This company is a direct subsidiary of BCCL (not through TIML or ENIL) [6].

Times Syndication Service

The syndication division of The Times of India Group, [7], grants reprint rights for text, images, cartoons/illustrations, audio/video and microfilms drawn primarily from Times Group publications. Times Syndication Service

A brief history of The Times

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.[8]

1846-1857: The newspaper changes hands and George Buist, LL.D, F.R.S., becomes the editor of the Times from 1840-57. (Source: The Journal of the Royal Geographic Society of London, Volume 21 By Royal Geographical Society of Great Britain.)

1850: Shareholders decide to increase the share capital and the paper is converted into a daily. [9]

1859: Bombay Standard and Chronicle of Western India merges into The Bombay Times and Journal of Commerce to form Bombay Times & Standard [10]

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. [8]

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. [11]

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.

1952: Filmfare launched. [8]

1959: Femina is launched. [8]

1960: Sahu Ramesh Chandra Jain joins BCCL

1961: The Economic Times is launched.

1984: Samir Jain and Vineet Jain join BCCL.

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. [12]

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[4]

2006:

2007:

2008:

2009:

References

See also

External links

it:The Times Group