Top Story


Home >> Media – Print >> Article

Application filed for Indian edition of WSJ

Font Size   16
Application filed for Indian edition of WSJ

Dow Jones and Bennett Coleman have made an application to the information and broadcasting (I&B) ministry for starting the Indian edition of Wall Street Journal (WSJ), according to sources. Even as the joint venture (JV) announcement was made a few months ago, the application was filed late last week.

Bennett Coleman and Dow Jones propose to have a 74:26 venture, as per Indian print media rules. However, Indian edition of foreign newspapers is not permitted in the country yet. Content of the Indian WSJ is likely to be the same as the international edition.

Recently, Hyderabad-based Midram Publications began printing International Herald Tribune (IHT) from India, leading to a controversial situation. The government is in the process of amending the Press and Registration Act now, to introduce legal provisions on the issue.

Although there have been talks on allowing Indian edition of foreign papers, nothing would be done before the IHT matter is sorted out.

Meanwhile, the proposed entry of WSJ into the Indian market is being watched by media analysts with interest.

“Thanks to the hike in foreign direct investment (FDI) limits in the newspaper publishing sector, a lot more action is likely to be seen from the global players wanting to invest in this sector,” said PricewaterhouseCoopers head of entertainment and media practice, Deepak Kapoor. He cited the example of Wall Street Journal publishing from India.


Chitresh Sinha, CEO, Chlorophyll Innovation Lab and Vivek Singh, Joint MD, Procam International speak exclusively with exchange4media on the upcoming #BeBetter Campaign for the TATA Mumbai Marathon

Abhishek Punia, Co-founder and COO of ARM Worldwide, tells about how they re-branded themselves from ARM Digital to ARM Worldwide and in the process marked their presence globally

Srinivasan opens up on what prompted their recent rebrand, their foray into bus depots and developing the software that displays Bengaluru Metropolitan Transport Corporation's (BMTC) Passenger Information System for all the major bus depots in Bangalore.

Software and Technology, Consulting, Healthcare seem to be increasingly using Webinars to engage with their clients and employees

Rahul Johri, CEO, Board of Control for Cricket in India (BCCI), spoke about the upcoming season of IPL and with Star India’s re-imagine approach, he made assured that this year will be a kickass seas...

At the “Dentsu Aegis Network-exchange4media Digital Advertising Conference,” Abrol shared insights on how digital is transforming the way they operate and grow

The Dentsu Aegis Network-exchange4media Digital Report 2018 that was unveiled on January 16, 2017