Times of India
The Times of India is an English newspaper owned by the Times Group or Bennett Coleman & Company Limited. It is the oldest English language newspaper in India and started in year 1838 as The Bombay Times and Journal of Commerce which later became The Times of India.
According to the Indian Readership Survey (IRS) 2017, The Times of India is the most read English newspaper, and the eleventh most read newspaper across languages in India. The newspaper’s website claims readership of over 7.6 million. It is published from the main cities of Delhi, Mumbai, Bengaluru, Kolkata, Ahmedabad, Chennai, Pune, Patna, Lucknow and Jaipur among others.
The newspaper was founded by a British journalist and politician Thomas Jewell Bennett. In 1946 the paper was bought from its British owners by industrialist Ramakrishna Dalmia. Subsequently, his son-in-law Sahu Shanti Prasad Jain took over the company. Since then, the company is fully owned and operated by the Jain Family.
Audience Share
2.12%
Ownership Type
Private
Geographic Coverage
National
Content Type
Paid
Media Companies / Groups
The Times Group
Ownership Structure
The Times of India newspaper is owned by Bennett Coleman and Company Limited.
55.6% shares of Bennett Coleman and Company Limited is divided among Bharti Nidhi Limited (24.40%), Camca Commercial Company Limited (13.20) and Ashoka Viniyoga Limited (18%). Through these 3 companies the Jain family owns 36.14 % shares in Bennett Coleman and Company Limited.
28.2% total shares of the Bennett Coleman and Company Limited is divided among PNB Finance & Industries Limited (9.20%), Sanmati Properties Limited (9.70%) and Arth Udyog Limited (9.30%). Through these 3 companies the Jain family owns 23.13% of shares in Bennett Coleman and Company Limited.
Similarly, 14.8% total shares of the Bennett Coleman and Company Limited is divided among Jarcanda Corporate Limited (8.90%) and TM Investment Limited (5.90%). Through these 2 companies the Jain family owns 6.40% of shares in Bennett Coleman and Company Limited.
The Jain family also has direct shares in Bennett Coleman and Company Limited of 1.02%.
Vineet Jain through other subsidiaries hold 12.76% share in Bennett Coleman and Company Limited independently, whereas Samir Jain through other subsidiaries hold 6.27% share and Meera Jain through other subsidiaries hold 0.57% share in Bennett Coleman and Company Limited.
Hence the Jain Family owns 86.17% of Bennett Coleman and Company Limited through varies subsidiaries: Sanmati Properties Limited, Bharti Nidhi Limited, Camca Commercial Company Limited, Ashoka Viniyoga Limited, Arth Udyog, PNB Finance & Industries Limited, Jarcanda Corporate Services Limited and TM Investment Limited.
These companies also hold shares in each other, and the Jain family is the sole beneficiary of all these companies.
Moreover, the shareholding of Bennett Coleman and Company Limited is very complex and there is heavy cross shareholding, therefore it can be infered that the remaining 13.88% share of the company is also owned by the Jain Family.
Voting Rights
Missing Data
Individual Owner
General Information
Founding Year
1838
Affiliated Interests Founder
the co-founder of Bennett Coleman and Co. In 1892 Thomas Jewell Bennett and Frank Morris Coleman set up a joint stock company Bennett Coleman & Company Limited which acquired the newspaper. One of the sources indicate that the paper, Times of India, was founded by the Coleman family in 1839, who were the printers in London working for the East India Company. According to the same source he was the General Manager of Times of India in 1895 and was stationed in Ceylon attached to Government Press before becoming the manager of Financial News in London. He perished with the sinking of the SS Persia in 1915 on its way from London to Karachi.
was a British journalist and politician. He travelled to India in 1884 and started as an associate editor of the “Bombay Gazette”, one of the first English newspapers in the country. 10 years later in 1894, he became both the editor and the sole proprietor of the Times of India. Bennett left India in 1901 but continued to run his paper from England. He was a Member of Parliament for the Sevenoaks constituency in Kent. He died in London in 1925 due to poor health.
Affiliated Interests Ceo
is an Engineering graduate from the Delhi University, and has completed his Executive MBA from Kellogg School of Business. He also has done an Executive Management Program from Kellogg School of Management, Northwestern University. Jain is mentioned as the Chief Executive Officer of Bennett Coleman and Company Limited, the company that publishes the English newspaper, The Times of India. He was earlier the Managing Director and CEO of Bharti Retail Limited, Managing Director and CEO of Bharti Walmart and President of Walmart India.
Affiliated Interests Editor-In-Chief
Missing Data
Affiliated Interests other important people
Chairwoman of BCCL, the mother of Samir Jain, the Vice Chairman and Managing Director of BCCL.
the Vice Chairman and Managing Director of BCCL, the son of Chairwoman, Indu Jain
the wife of Samir Jain, the Vice Chairman and Managing Director of BCCL.
the daughter of Meera and Samir Jain, the Vice Chairman and Managing Director of BCCL. She is an artist and an author of children’s’ books. She is on the board of a non-profit organization The Girl Effect. She runs a project called Thank Joy and co-founded Gather Conversations.
the managing director of the Bennett Coleman and Company Limited, the brother of Samir Jain and the son of Indu Jain. He serves as the Director of various companies such as Bennett Coleman and Company Limited, The Press Trust of India Limited, Entertainment Network (India) Limited, Optimal Media Solutions Limited, Vinabella Media and Entertainment Private Limited, Times Global Broadcasting Company Limited, Azzshopping Limited, Times Websol Limited, Times Mobile Limited, Times Infotainment Media Limited, Times of India Org, Zoom Entertainment Network Limited, Credence Trusteeship Company Private Lmited, Times Centre for Media Studies and SP Jain Foundation. He is the Chairman of the Press Trust of India Limited.
Contact
Times Internet Limited
Ecstasy IT Park
Plot 391, Udyog Vihar, Phase 3
Gurgaon Haryana-122016
Website: timesofindia.indiatimes.com
Financial Information
Revenue (in Mill. $)
Missing Data
Operating Profit (in Mill. $)
Missing Data
Advertising (in % of total funding)
Missing Data
Market Share
Missing Data
Further Information
Headlines
Meta Data
On the newspaper website https://timesofindia.indiatimes.com/ there is no information available on how to contact the newspaper office. The Group website, www.timesgroup.com does not work, and hence no official information about the Group can be accessed from their Group website. The research returned the names of two people as the CEOs of the Bennett, Coleman and Company Limited. One is Sivakumar Sundram, and the other is Raj Jain. MOM has sent an email on the 18th January, 2019 and a courier on the 1st February 2019 to the Group to get complete information but haven’t received any response from the Company. Also, there is no financial and management information is available on the website.
