How India lost the Financial Times to a clash of titans

After a quarter-century-long fight, during which it was checkmated at every turn, the British business newspaper gave up on its Indian dream.

It was 1991. And one of the oldest media companies in India, Bennett, Coleman & Co. Ltd, was gaining ground like never before. It had been just a few years since a young Samir Jain—the man who is said to have redefined Indian news media as we knew it—had taken over as the vice chairman of the company. An interesting proposal came his way and his company crossed paths with another big name in news media, the Financial Times. The British business newspaper was eyeing an India entry and the proposal was for a syndication or content-sharing arrangement with BCCL, …

Author

Harveen Ahluwalia

Harveen is a co-founder at The Morning Context, and leads our Internet coverage, overseeing a team of reporters writing on startups and tech. She has previously worked as a media, consumer and tech reporter at The Ken and Mint. At The Morning Context, she writes on startups, venture capital, consumer and media businesses—from e-commerce to healthtech to streaming.

Editor, Internet

harveen@mailtmc.com

Mumbai