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Newspaper publishers tap market for expansion

March 31, 2006 | By Jose Kalathil

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Leading newspapers in the country recently entered the market to raise fund for launching editions in various centres across the country to increase the readership and for diversifying into other media like television and internet. The latest company which went public to raise money was the Kanpur-based Jagran Prakashan, publisher of the Hindi daily, Dainik Jagran. It has interests in visual medium also. The company offered over 100 lakh shares of Rs.10 each to the public at Rs.324 per share in January this year. ...cont´d

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