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PRESS RELEASE

 

Jagran Prakashan to publish facsimile edition of The Independent in India

 

New Delhi; September 13, 2006; Jagran Prakashan Limited (JPL), publishers of ‘Dainik Jagran’, India’s largest read newspaper today announced an in principle agreement under which JPL will publish the facsimile edition of The Independent,(International Edition)  from New Delhi.

 

"Strategic partnership between JPL and INM enables us to offer a quality international newspaper to Indian readers. The Independent is known for providing unmatched editorial insights into global businesses, markets and economies and has maintained unrivaled journalistic standards worldwide.", said Shri Mahendra Mohan Gupta, CMD, Jagran Prakashan Ltd.

 

JPL is in process of finalizing the launch of its second brand with core management team already in place. Mr Alok Sanwal has joined as vice president to head second brand. Prior to joining Jagran he was investment director Media M group. JPL has recently launched its 31st edition in Amritsar, Punjab.

 

The Independent Group is planning to increase its stake by 1-3% in Jagran Prakashan Ltd. (subject to SEBI approval). Presently, it has 20.8% stake in JPL.  Jagran Group is also in talks to sell 20% stake in its radio arm to the Independent Group.

 

About The Independent News and Media Plc

Independent News & Media is a leading global media and communications group, with a turnover in excess of €1.8 billion, and 10,400 employees worldwide.

About Jagran Prakashan Limited

Jagran Prakashan Limited is a leading media house of India which publishes Dainik Jagran, India’s largest read and highest circulated daily with a total readership of 19.1 million readers per day (as per IRS 2006 R1)). It was also voted the most credible and trusted newspaper in India, according to a survey by Globscan, conducted in 10 of the world's leading countries, including the US, UK, Germany and Russia.

 

Established in 1942, Dainik Jagran was the brainchild of the Indian Freedom fighter, Late Shri Puran Chandra Gupta. The first edition was launched from Jhansi, Uttar Pradesh in 1942. Dainik Jagran is now published in 31 editions across 11 states. The group publishes Sakhi, a monthly magazine targeted at women. The group also publishes Jagran Varshiki, an annual general knowledge digest, and various national and state statistical compilations.

 

Jagran Engage, a newly created division provides specialized ‘Out of Home’ advertising services with a Pan-India footprint.

 

Jagran Solutions provides below the line activities like promotional marketing, event management and on ground activities having pan India presence. The company’s portal www.jagran.com  is the most visited Hindi portal in the world. The company provides IVR/AVR/SMS services through its short code service 7272.

 

For further details, please contact:

Mr. Basant Rathore

Kunal Takalkar/Saurabh Saxena

Jagran Prakashan Limited

Adfactors Public Relations

50, Okhla Industrial Estate,

Phase – III, New Delhi

D-42, NDSE Part – II

New Delhi – 110 049

Mobile Number:- +91 93120 04415

Tel: (+91) 11 41345155/6/7/8

 


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