Amar Ujala and Prabhat Khabar deal through

It may take some time to become official but the deal between Amar Ujala and Prabhat Khabar is now almost final. Amar Ujala will invest money in the Ranchi based newspaper group but will only be a minority stakeholder. Hence the management structure of the Prabhat Khabar will almost remain same with Harivansh being the group editor as he is at present. The fresh inflow of funds will help Prabhat Khabar to fund its expansion plan for the newspaper as well as its foray into radio. The newspaper is likely to go through a revamp after the deal is officially announced.

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