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The Indian Express

The Indian Express is an English newspaper launched in the year 1932 by Ramnath Goenka. According to the Indian Readership Survey (IRS) 2017, the Indian Express is the sixth most read English newspaper with a readership of nearly 1.6 million readers.

The Express Group of Publication, that publishes Indian Express, also publishes The Financial Express, a business daily, Loksatta, a Marathi daily and Jansatta a Hindi daily. From a single Madras edition paper, The Indian Express has grown to eight editions and is published from ten different countries today. The Sunday edition of the newspaper The Sunday Express features the big stories of the week. This edition also comes with an EYE magazine which showcases films, drama, travel, media, entertainment, art and culture. The Indian Express has won various prestigious awards such as the Vienna-based International Press Institution Award for Outstanding Journalism in Public Interest, Kurt Shorck Award for International Journalism, Natali Prize for Journalism and the International Federation of Journalists – Journalism of Tolerance Prize. The newspapers are primarily owned and operated by the Goenka Family.

Key facts

Audience Share

0.26%

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

Express Group

Ownership

Ownership Structure

The Indian Express newspaper is 100% controlled by The Indian Express (P) Ltd company. Viveck Goenka, the Managing Director and Chairman along with his son Anant Goenka, Executive Director at The Indian Express jointly hold 40% shares in The Indian Express (P) Limited, while Shekar Gupta and Neelam Jolly hold 9% shares in the company. Indian Express Holdings and Private Enterprises Limited hold 50.99% shares of the company and the remaining 0.01% of shares of The Indian Express (P) Ltd. are divided among Vaidehi Thakar, Monika Bansal, Poorvi Kamani, George Verghese, Vinayak Shete, S. Munnaram Prasad, Sandra Nazareth, Clearence Patrick and Neeta Fichardo.

Viveck Goenka holds 24.96% share of Indian Express Holdings and Private Enterprises Limited individually and jointly with Anant Goenka, 75% share. So, the total shareholding of Viveck and Anant Goenka in Indian Express Holdings and Private Enterprises Limited is 99.96 and the remaining 0.04% share is split between 11 other individuals.

Through Indian Express Holdings and Private Enterprises Limited, Viveck Goenka and his son Anant Goenka hold 50.96% share of The Indian Express (P) Ltd company.

Hence Viveck Goenka and his son Anant Goenka in total hold 90.96% share of The Indian Express (P) Ltd company

Voting Rights

Missing Data

Individual Owner

Media Companies / Groups
Facts

General Information

Founding Year

1932

Affiliated Interests Founder

Ramnath Goenka

was a freedom fighter who was a part of Mahatma Gandhi’s fight for India’s Independence from the British. In 1922, his family sent him to Madras (now Chennai) for the occupation as a dealer in yarn and jute. A few years down the line, in 1934, he bought shares in a local company that owned The Indian Express newspaper. It took him only two more years to buy out the company and launch a newspaper brand that would resonate with fearless, investigative and independent journalism for many decades to come.

As someone who was associated with the Indian National Congress in the pre-independence era, Goenka faced the wrath of Congress Prime Minister Indira Gandhi in 1975 for supporting Gandhi’s political opponent Jaya Prakash Narayan during the Emergency period. Later another Congress Prime Minister, Indira Gandhi’s son Rajiv Gandhi also had Goenka in his crosshairs as the newspaper exposed corruption scams against Rajiv Gandhi. Goenka is largely credited with unseating both Rajiv Gandhi and Indira Gandhi the Prime Ministers as a result of his investigative journalism

In 1941 Ramnath Goenka was elected president of the National Newspaper Editors’ Conference. He was also a member of the first Constituent Assembly. In 1948 in collaboration with the Daily Tej newspaper, he has started the English Newspaper The India News Chronicle in Chennai later renamed to The Indian Express. After Independence, he was an appointed member of the Constituent Assembly of India, which was formed to frame the Constitution of India.

Affiliated Interests Ceo

George Varghese

has a MBA degree from the Institute of Management Development and Research, Pune. George Varghese presently is a CEO and Managing Director of The Indian Express Private Limited. He has more than of 20 years of experience. Earlier, he was the Chief General Manager of Marketing at The Indian Express Private Limited (1988-1998), the President and CEO of Hughes Telecom (1998-2002), President of Reliance Communication (2002-2010) he joined back as CEO of The Indian Express Limited in the year 2013.

He is also the Director of several of the Groups’ companies, among others. These companies include – The Indian Express Print Media Limited, IE Business Publications Limited, Indian Express Property Private Limited, Goenka Ventures (I) Limited, Indian Express Commercial Ventures and Projects Private Limited, Global Fairs and Media Private Limited, IE Online Media Services Private Limited, Techven Private Limited, Newschool Ventures Limited.

Affiliated Interests Editor-In-Chief

Raj Kamal Jha

has a Bachelor’s Degree in Mechanical Engineering from Indian Institute of Technology (IIT), Kharagpur and Masters in Journalism from University of Southern California. At an early stage he did an internship at the Los Angeles Times and the Washington Post. Raj Kamal Jha was also a visiting professor at the University of California. In addition Jha is an award-winning author. His book, “The Blue Bedspread” was awarded the Commonwealth Writer’s Prize for the Best First book in the Eurasia region. He has written two more books – “If you are afraid of heights” and “Fireproof”.

Affiliated Interests other important people

Viveck Goenka

is the adopted son of Ramnath Goenka, the founder of Indian Express. He has a Bachelor’s in Technology from Madras University. He is the Chairman and Managing Director of The Indian Express. In addition he is a Director of the United News of India. Formerly, he has been the Director of the Press Trust of India, a council member of the Audit Bureau of Circulation and was one of the youngest presidents of the Indian Newspaper Society. He continues to be an executive member of at the India Newspaper Society. At the Advertising Association, Indian Chapter as well as at the Advertising Association New York he is a member.
Viveck Goenka is also the Director of many other companies including Gajanan Agritech Private Limited, The Financial Express Print Media Private Limited, Loksatta Private Limited, IE Business Publications Limited, The Chocolate Spoon Company Private Limited, Goenka Ventures (I) Limited, The Economy and Policy Research Foundation, Techven Private Limited, Vintage and Classic Car Federation of India, among others.

Contact

Corporate Office:

Express Building,

B-1/B, Sector-10,

Noida - 201 301

Tel.: +91-120-6651500

Fax: +91-120-4367933

Website: expressgroup.indianexpress.com

 

Registered Office:

The Indian Express [P] Ltd

Express Towers, First floor [Mezzanine]

Nariman Point,

Mumbai - 400 021

Tel.: 022 6744002

 

 

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

The Indian Express (P) Ltd. Company is an unlisted company. The management information was collected from the company website. The financial and shareholding information is collected from the Ministry of Corporate Affairs. Since it is an unlisted company it does not publish annual reports and financial information on the companys’ newspapers is not available. Also, an email and a courier were sent to the company on the 1st February 2019 requesting for the information but there has been no response.

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