• search

Deccan Chronicle to invest Rs 20 cr in new editions

Written by: Staff

New Delhi, Aug 25: Newspaper pubilication Deccan Chronicle today said it will invest Rs 20 crore to start its new editions in Mangalore and Dharwad in Karnataka.

''This was decided by the Board of Directors of the company,'' a statement said.

In addition, the company has also decided to allow foreign institutional investment upto 14 per cent of its paid up capital.

An authority has also been designated to explore inorganic growth opportunities for the company, the statement added.


For Daily Alerts

For Breaking News from Oneindia
Get instant news updates throughout the day.

Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more