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HT Media launches Hindi daily in Punjab

Leading publication firm HT Media announced the launch of its Hindi daily newspaper, `Hindustan`, at Chandigarh, Mohali and parts of Punjab. HT Media is a major player in the print media in India. It has a leadership position in the English newspaper market in North India and the second position in the Hindi newspaper market in the North and East.

HT Media plans Hindi newspaper expansion drive

MUMBAI (Reuters) - HT Media Ltd plans to expand the presence of its Hindi newspaper, Hindustan, over the next two years to exploit rising corporate advertising spend across northern India, an official said. The company plans to spend 2 billion rupees from internal accruals over two years to set up 10 printing presses and launch editions in Uttar Pradesh, Uttaranchal and Madhya Pradesh, Rahul Jain, General Manager-Finance, told reporters. "The Hindi market is doing extremely well," he said, "it has never seen that (kind of) advertising coming in," he said referring to corporates targeting the Hindi-segment for products and services. HT Media, which also publishes English newspaper, Hindustan Times, and business newspaper, Mint, has 12 editions of Hindustan, and plans to add 13-14 editions more, he added. The company would also look at acquisitions in the Hindi newspaper and internet spaces. By the first quarter of 2008/09, it plans to launch a jobs classifieds intern...