Deccan Chronicle - Updates
Deccan Chronicle Holdings Ltd has informed BSE about the following:
1. The New York Times Company owners of the “International Herald Tribune” has proposed and is in discussion to acquire a 5% Equity stake in Sieger Solutions Ltd a 100% subsidiary of Deccan Chronicle Holdings Ltd subject to statutory approvals and respective Board approvals.
2. The Financial Chronicle published from Hyderabad, Chennai and Bangalore will now be published in association with the “International Herald Tribune“, besides the Financial Chronicle will also carry a daily special Four (4)-page global news section from the “International Herald Tribune”.
