MANAGEMENT GURU
The India Today group has forged a deal with British media group Daily Mail & General Trust (DMGT), the publisher of The Daily Mail. Though the details are yet to come, it is expected that the Joint Venture (JV) will look at the morning tabloid space and India Today's existing afternoon tabloid Today might get an overhaul. The British group will have a 26% stake in the JV. Also in the media sector, FUSE+Media, part of international venture fund ComVentures has bought a 19.17% stake in Rajat Sharma promoted India TV for a cool $11.5 million.
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Source : IIPM Editorial, 2007
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
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