This is an automatically generated PDF version of the online resource india.mom-rsf.org/en/ retrieved on 2020/10/23 at 13:37
Reporters Without Borders (RSF) & Data leads - all rights reserved, published under Creative Commons Attribution-NoDerivatives 4.0 International License.
Data leads logo
Reporters without borders

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.

Key facts

Audience Share

1.11%

Ownership Type

Private

Geographic Coverage

National

Content Type

Paid

Data Publicly Available

ownership data is easily available from other sources, e. g. public registries etc.

2 ♥

Media Companies / Groups

HT Media

Ownership

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

Missing Data

Individual Owner

Group / Individual Owner

Public

30.5% of the shares are publicly traded in the National Stock Exchange.

30.5%
Media Companies / Groups
Facts

General Information

Founding Year

1924

Affiliated Interests Founder

Sunder Singh Lyallpuri

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

Praveen Someshwar

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

Sukumar Ranganathan

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

Priyavrat Bhartia

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.

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. $)

Missing Data

Operating Profit (in Mill. $)

Missing Data

Advertising (in % of total funding)

Missing Data

Market Share

Missing Data

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.

  • Project by
    Logo of Data leads
  •  
    Reporters without borders
  • Funded by
    BMZ