The English business daily sphere has a new player in Tehelka’s Financial World, which was launched from Delhi on April 18, 2011. The paper is currently available in the Delhi and Chandigarh markets.
Priced at Rs 2, Financial World is being printed and published by Praveen Rathee on behalf of Alchemist Media Ltd and carries a total of 16 pages. The newspaper has roped in Vijay Simha as Executive Editor, while Gunjan Batra is Deputy Editor. As per the printline of the newspaper, Financial World is owned by Alchemist Media Ltd, Chandigarh.
The broadsheet newspaper, which is being published from Chandigarh, has been reportedly launched with 10,000 copies in Delhi.
Meanwhile, English business tabloid Mint launched its Hyderabad edition on April 19, 2011. HT Media Ltd has informed BSE that with this launch, Mint is now printing from seven locations – namely, Delhi, Mumbai, Bangalore, Kolkata, Chennai, Ahmedabad and Hyderabad. The paper is also available in Chandigarh and Pune.
An official note from Hindustan Times stated: “The new edition provides discerning readers in Hyderabad credible, unbiased, jargon-free reporting and in-depth analysis of business news that was overwhelmingly embraced by both readers and advertisers of Mint across the country.”
It further said, “With this launch, Mint further strengthens its position as the No. 2 business daily in the country. It already has over two lakh readers and an enviable readership share of 24 per cent. The addition of Mint’s Hyderabad edition further strengthens HT Media’s portfolio in South India.”