The Times Group
 |
|
| Private | |
| Industry | Mass media |
| Founded | 4 November 1838 |
| Headquarters | Mumbai, Maharashtra, India |
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Key people
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Indu Jain (Chairperson) Samir Jain (Vice-Chairman) Vineet Jain (Managing Director) Raj Jain (Chief Executive Officer) |
| Products |
Publishing Broadcasting Radio Film Entertainment Web portals |
| Revenue | ₹8,778 crore (US$1.3 billion) (2015) |
| ₹1,186 crore (US$180 million) (2015) | |
|
Number of employees
|
11,000 (2014) |
| Website | www |
The Times Group also called Bennett Coleman & Co. Ltd (BCCL) is India’s largest media conglomerate, according to Financial Times as of March 2015. The Audit Bureau of Circulations reported in May 2014 that the Times of India had the largest circulation of any English-language newspaper in the world, with 3,321,702 average qualifying sales. The company remains a family-owned business as the descendants of Sahu Jain own a majority stake in The Times Group. The Times Group has over 11,000 employees and revenue exceeding $1.5 billion.
1838: The first edition appears on 3 November 1838, known as The Bombay Times and Journal of Commerces as a semi-weekly edition by Raobahadur Narayan Dinanath Velkar, a Maharashtrian Reformist. The newspaper was published twice a week (Saturday and Wednesday) under editor J.E. Brennan. It is basically a city paper reflecting the interest of Bombay's business community.
1840-1857: The newspaper changes hands and George Buist becomes the editor of the Times from 1840 to 1857.
'1850: Shareholders decide to increase the share capital and the paper is converted into a daily.
1859: Bombay Standard and Chronicle of Western India merges into The Bombay Times and Journal of Commerce to form Bombay Times & Standard.
1861: Editor Robert Knight amalgamates The Bombay Times & Standard and Bombay Telegraph & Courier to form The Times of India and gives it a national character.
1880: The Times of India Weekly Edition is launched name later changed to The Times of India Illustrated Weekly and finally to The Illustrated Weekly of India in 1923.
1890: Editor Henry Curwen buys The Times of India in partnership with Charles Kane.
1892: Following Curwen's death, Thomas Jewell Bennett becomes the editor and enters into a partnership with Franck Morris Coleman to form a joint stock company - Bennett, Coleman & Co. Ltd. (BCCL).
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Wikipedia