Top Story


Home >> Media – Print >> Article

Tata Infomedia to register it magazines titles

Font Size   16
Tata Infomedia to register it magazines titles

Tata Infomedia, India’s largest commercial printing company, is planning to register its magazine titles with the Registrar of Newspapers which were earlier turned down on grounds that it held foreign institutional investors (FIIs) as shareholders.

The decision follows the Centre’s announcement last week allowing foreign direct investment into the print media.

According to sources, the company will register two of its titles — Auto Monitor and AV Max with the Registrar of Newspapers. Tata Infomedia’s special interest publications division publishes several magazines — Better Photography, Overdrive, AV Max, Auto Monitor and Search.

Of these, Auto Monitor and AV Max was denied registration by the government because of the 6 per cent holding by FIIs in the company. Auto Monitor, a fortnightly magazine targetted at the automobile trade and industry was launched in January 2001. AV Max, is a music and video magazine.

The FIIs acquired the shares through the open market much before the RBI notification dated February 16, 2001, and the company was unjustly sought to be covered by the then print media policy. This restricted the growth of the company and thus was not able to register titles/launch new magazines in the market.

But, now with the new print media policy, the company has plans to launch magazines in the business to consumer and business to business segments. According to the company, all the magazines are market leaders in their respective segments.

However, the cut in advertising budgets has impacted the revenues and profitability of the division in 2001-02. The company reported a total income of Rs 126.81 crore in 2001-02 as compared with Rs 119.67 crore in 2000-01. Net profit stood at Rs 11.61 crore in 2001-02 as compared to Rs 11.43 crore in 2000-01.


Siddharth Kumar Tewary, Founder, Chief Creative, One Life Studios and Swastik Productions, on owning the IP on his most ambitious project 'Porus,' the risk of recovering its cost and his distribution strategy

Webscale plans to build the brand around smooth operations for the e-commerce sector and then move on to demand generation

Shriya Ghate, Business Head, Tinkle, spills the beans on the company's vision for its special line of merchandise launched to celebrate its 37th anniversary, its pricing, marketing strategies, and more

Vivek Patni, Director of Wonder Cement, on the current marketing strategies and challenges that brand owners face

Luis Fonsi, Rita Ora, Jain of Makeba fame , Dimitri Vegas, Jason Derulo, Charly Black and Dasu, J Balvin, Parineeti Chopra, Tiger & Jackie Shroff speak exclusively to the radio channel

The Film-Maker, as the host of ‘Calling Karan’, Will Be Just A Phone Call Away From Listeners Seeking Advice On Love & Relationship

The group aims to double its FMCG turnover to Rs. 1,000 crore over four years.