International Herald Tribune to Publish World Business Section inside the Financial Chronicle in India

17 Jun 2008

The International Herald Tribune (IHT) is expanding in India with the launch of a branded world business section inside the Mumbai edition of the Financial Chronicle, due too be launched on 20 June.

A new business daily from the Deccan Chronicle Group, the Financial Chronicle is currently printed five days a week from Hyderabad, Chennai and Bangalore, and will soon expand to Delhi and Mumbai. The Financial Chronicle recently launched its digital version, which includes the country's first business networking platform.

The IHT logo will feature on the front page with a daily four-page version of its World Business with Reuters section, providing Financial Chronicle readers daily news and analysis on events in companies and deals in the financial markets around the world.

"Working with the Deccan Chronicle Group, a dynamic company with a proven track record in the market, will allow us to meet the growing appetite for high quality business content in India and make the IHT available to thousands more readers each morning throughout the country," said Stephen Dunbar-Johnson, publisher of the IHT.

IHT recently expanded its circulation in New Delhi and Mumbai where the paper is now available early each morning.

T Venkattram Reddy, the chairman of Deccan Chronicle Holdings Limited, said, "The Financial Chronicle, our newest title, was launched to satisfy India's thirst for quality business news and crafted as a pure-play business daily to build on the aspirations of a young and prosperous India. We could not have asked for a better publisher than the IHT to provide the international business dimension."

The International Herald Tribune (IHT) is the premier international newspaper for opinion leaders and decision-makers around the globe. It combines the extensive resources of its own correspondents with those of The New York Times, is printed at 35 sites throughout the world and is for sale in more than 180 countries. Based in Paris since 1887, the IHT is part of The New York Times Company.