Birla Group will, thus, enter the media sector with a presence across
print, publishing, television and radio.
Media owns and operates English weekly magazine India Today, business
magazine Business Today, English news channel Headlines Today, Hindi
news channel Aaj Tak and radio channel Oye FM, among others.
am delighted to partner with the Aditya Birla Group to aggressively
address the current and future potential of the Indian media business
which is at a tipping point. The Aditya Birla Group with its strong
leadership, global footprint, diversified business interests and
its shared values of integrity, commitment and social responsibility
make it a perfect fit with the India Today Group," said India
Today Group chairman Aroon Purie.
Poorie, the promoter of India Today Group, holds 57.38 per cent
stake in TV Today Network as per information on 5 March 2012.
had on 9 April reported that Aditya Birla Group is likely to pick
up 25 per cent stake in India Today Group.
Today scrip up 15% on market buzz of Birla Group taking stake in