Jagran Prakashan has acquired Suvi Info Management (Indore) Private Limited. Naidunia Media Limited (Naidunia) is a subsidiary of Suvi. Naidunia is engaged in the publishing of 'Nai Dunia' newspaper in Madhya Pradesh and Chhattisgarh.
Nai Dunia is a leading Hindi daily being published from Madhya Pradesh and Chhattisgarh. The newspaper was launched in 1947 and has, over the years, attained a pre-eminent status as a Hindi daily in the print media in Madhya Pradesh and Chhattisgarh. Naidunia has multiple editions published from Indore, Gwalior, Jabalpur and Bhopal in Madhya Pradesh and Raipur and Bilaspur in Chhattisgarh. Naidunia's current circulation base is approximately 5 lakh copies per day. Placed amongst the Top 10 Hindi Newspapers in India, it has been one of the fastest growing newspapers in the market with a readership growth of 2.6 X over the last 5 years.
Ernst & Young was the exclusive financial advisor in the transaction.
....more info
Nai Dunia is a leading Hindi daily being published from Madhya Pradesh and Chhattisgarh. The newspaper was launched in 1947 and has, over the years, attained a pre-eminent status as a Hindi daily in the print media in Madhya Pradesh and Chhattisgarh. Naidunia has multiple editions published from Indore, Gwalior, Jabalpur and Bhopal in Madhya Pradesh and Raipur and Bilaspur in Chhattisgarh. Naidunia's current circulation base is approximately 5 lakh copies per day. Placed amongst the Top 10 Hindi Newspapers in India, it has been one of the fastest growing newspapers in the market with a readership growth of 2.6 X over the last 5 years.
Ernst & Young was the exclusive financial advisor in the transaction.
....more info