Tag Archives: Financial Chronicle

Prabhu Chawla’s son named in media bribery case

The Central Bureau of Investigation (CBI) has named advocate Ankur Chawla, son of Prabhu Chawla, editor of the leading English newsweekly India Today*, for allegedly acting as a conduit to pay a bribe to a quasi-judicial official for “a favourable verdict in a case concerning a media house”. The Hindustan Times reports that junior Chawla…

Allen J. Mendonca: Here’s looking at you, kid

CHETAN KRISHNASWAMY writes from Bangalore: Allen Mendonca slunk away in sleep, gently tip-toeing into the darkness never to return. This time, his flamboyance was missing. The swagger was not there. There were none of the histrionics either. 49 is no age to exit out. Yet, he chose to do it his way. He never did…

How come media did not spot Satyam fraud?

A requiem for Indian business journalism, in the delightfully breathless style of Juan Antonio Giner, founder-director, Innovation International Media: ‘Satyam’, meaning truth. India’s fourth largest software services provider. The darling of Hyderabad. An outsourcing company with 53,000 employees that serviced 185 of the Fortune 500 companies in 66 countries. A company which now says 50.4…

Forget invitation price, try a new paper for free!

Bangalore has got its latest morning English broadsheet. Deccan Chronicle has been launched along with its sister-paper, Financial Chronicle. While groups like The Times of India time their launch to coincide with major festivals, DC has chosen the dawn of a new political dawn. And while most groups now go in with an invitation price…

All the business news that’s fit to be printed

Existing business papers are launching Hindi editions (Economic Times, Business Standard). Existing English dailies are launching business papers (Finance Chronicle from Deccan Chronicle). Hindi dailies are launching English papers (DNA from Dainik Bhaskar). New papers are selling their business sections as separate papers (DNA Money). Hindi dailies are planning Hindi business dailies (Dainik Jagran with…

‘Buy-sell-save-spend. Live rich. Enjoy.’

The monsoon is still a couple of months away but it’s raining newspapers in southern India. Last Friday, the new New Indian Express hit the stands. On Monday, The Times of India launched in Madras. And on Wednesday, Financial Chronicle, the business daily from the Deccan Chronicle group, arrived in Hyderabad and Madras. In photograph…