Hindustan Times
Hindustan Times is one of the oldest English newspapers in India. The paper was inaugurated by Mahatma Gandhi in 1924. According to the Indian Readership Survey (IRS) 2017, Hindustan Times is the second most widely read English newspaper, after Times of India, with a readership of 6.85 million. From the inception of the paper the company has established and expanded its operations from print to other media such as radio, internet, events, marketing, and strategic partnership. The partnership division of HT Media Ltd was started in 2008, in this the company provides its expertise to the partner company in order to build their brand. The HT Media Limited which publishes the Hindustan Times is owned and operated by Shobhana Bhartia, the daughter of industrialist Krishna Kumar Birla and the wife of industrialist Shyam Sunder Bhartia.
Audience Share
1.11%
Ownership Type
Private
Geographic Coverage
National
Content Type
Paid
Media Companies / Groups
HT Media
Ownership Structure
HT Media Limited is the publisher of The Hindustan Times newspaper. The Hindustan Times Limited owns the 69.50% of shares at HT Media Limited. The remaining 30.5% shares are owned by the public: individuals and institutions.
The Hindustan Times Limited has two major shareholders: Earthstone Holding (Two) Private Limited holds 64.64% and Earthstone Investment and Finance Limited holds 10.2% share. The remaining 25.16% shares of the company are spread among various institutions, companies and individuals with smaller stakes.
Earthstone Holding (Two) Private Limited has three major shareholders: SB Trusteeship Services Private Limited (93.47%), Shobhana Bhartia (2.5%) and The Hindustan Times Limited (3.4%).
Earthstone Investment & Finance Limited is owned almost entirely by BCM Holding Limited (99.9%). 99.9% shares of BCM Holding Limited is owned by SB Trusteeship Services Limited. Shobhana Bharti holds 99.9% share of SB Trusteeship Services Limited.
Shobhana Bhartia owns 74.4% share of The Hindustan Times Limited – 64.64% through Easthsone Holding (Two) Private Limited and 10.02% through Earthstone Investment & Finance Limited
Hence, Shobhana Bhartia through SB Trusteeship Services Private Limited via other companies mentioned above owns 51.43% share of HT Media Limited. 18.07% share of Hindustan Media Limited is with other individuals, companies and 30.5% shares are owned by the public: individuals and institutions.
Voting Rights
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Individual Owner
Group / Individual Owner
Public
30.5% of the shares are publicly traded in the National Stock Exchange.
Other Individuals and companies
Hindustan Times Limited which is the majority shareholder of HT Media Limited has some 25.16% of shares spread among different individuals, companies and institutions. Companies associated with Birla Group such as BK Birla Foundation, Birla Educational Institution and Pic Realcon Ltd have at least 5.12% share. Among the shareholders were two companies associated with the Times Group (Bennett Coleman & Company Limited) Bharat Nidhi Ltd and Times Guaranty Financials Ltd which hold at least 0.12% of share. ASK Group and their directors hold some 1.78% of shares. The Ministry of Corporate Affairs (through Investor Education and protection Fund Authority) is also listed as a shareholder with 0.97% stake
General Information
Founding Year
1924
Affiliated Interests Founder
founded the Hindustan Times as an English newspaper in Faislabad, (earlier called Lyallpur) in Pakistan. Sunder Singh Lyallpuri was a leading member of Indian Independence Movement, a general of Akali Movement. Lyallpuri played a key role in the development of Shiromani Akali Dal (Political Party in India) and in the Sikh Reform Movement of the early 1920s. The Birla family acquires the paper in 1933, which the family continues to own to this day.
Affiliated Interests Ceo
is the Managing Director and CEO of HT Media Limited, that publishes the English daily newspaper, Hindustan Times. A Chartered Accountant and Cost Accountant by profession, he joined HT Media on 1 August, 2018. He had earlier worked with F&B major, PepsiCo in various capacities. In his current role at the HT Media, he is entrusted with transforming the company into a new age media company. Someshwar is also the Managing Director and Director of HT Media Ventures Limited, and the Director of The Press Trust of India Limited, the Indian Newspaper Society and the Media Research Users Council.
Affiliated Interests Editor-In-Chief
is a Chemical Engineering Graduate with a Masters in Mathematics and Business Administration. Sukumar Ranganathan, joined The Hindustan Times in the role of the Editor-in-Chief in 2006. He was a founding team member of Mint, the business newspaper published by HT Media. Earlier, he has been the Managing Editor for India Today group for Business Today. He worked as a marketing editor for The Hindu Business Line.
Affiliated Interests other important people
is the son of Shobhana Bhartia, the owner of the Hindustan Times. He is one of the directors of the HT Media Limited. He has a Master’s degree in Business Administration from Stanford University. He is also a director with companies such as Birla Cotton Spinning and Weaving Mills Limited, Jubilant Enpro Private Limited, Jubilant Life Sciences Limited, Udit (India) Limited, Earthstone Holding (Two) Private Limited, Jubilant Agri and Consumer Products Limtied, SSBPB Investment Holding Private Limited, Digicontent Limited Firefly e-Ventures Limited, among many others.
is the son of Shobhana Bhartia, the owner of the Hindustan Times. He is the non-executive director of the HT Media Limited. He holds a degree in Economics from Dartmouth College. With the company since the incorporation, Shamit Bhartia is also a Director in many other companies including Usha Flowell Limited, Jubilant Motorworks Private Limited, Goldmerry Investment and Trading Company Limited, HT Media Ventures Limited, Indian Country Homes Private Limited, Shobhana Trustee Company Private Limited, among many others.
Contact
Hindustan Times House, 18-20, Kasturba Gandhi Marg,
New Delhi – 110001, India
Tel.: +91-11-66561333
Fax : +91-11- 66561270
Email: feedback@hindustantimes.com
Website: www.hindustantimes.com
Financial Information
Revenue (in Mill. $)
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Operating Profit (in Mill. $)
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Advertising (in % of total funding)
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Market Share
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Further Information
Meta Data
Most of the information is obtained from the company website and its annual report for 2017-2018. The outlet specific financial information is not available. Company’s financial information was retrieved from the Ministry of Corporate Affairs website. An email and courier has been sent to the company on 1st February 2019 requesting for the information and awaiting a response.
