Thursday, June 26, 2008

Money Mirror?

This comment had the juice, and I've been hearing this from three or four places. Cheap, trashy business tabloid on the way?
Times always does this 'lock in' gimmick with journos, ending up having ten people on the same beat, but with ET still the 800-lb gorilla in the room, can you argue? However, with Haresh not kowtowing to the extremely anti-competitive and possibly illegal 'no poaching' agreement that Times has with some other players, we should see some fun if and when FT India gets launched. Plus, we hear that BS has decided to put on some new lipstick and go crusing for customers, but with TN asking for a bomb as always, nothing might come out of it, unless, if one rumour is to be believed, UTV decides to do something about it.
Watch this space.

1 comment:

Anonymous said...

UTV certainly has deep enough pockets to buy out Business Standard. But the truth is BS is readying for an IPO. Two people I know at Kotak have eben pulled out of their jobs and told to focus on the IPO project. Of course the IPO has been delayed because of the state of the equity markets, but we will see an IPO for sure.