The India Today Group (ITG) is planning to enter into a joint venture with publishing houses including Harper Collins India. According to the company sources nothing has yet been finalised.
Harper Collins India is a 40:60 joint venture between Harper Collins UK, and Indian publishing company Rupa & Co. Globally, Harper Collins Group is controlled by Rupert Murdoch.
According to the industry sources the shareholding pattern for a publishing joint venture has not yet been decided, the alliance could be through The Book Club, a division of India Today Group. Another option could be to merge all the publishing business of ITG into one single entity.