DB Corp has concluded the sale of 51% shares held by the company in Divya Prabhat Publications (DPPPL). Pursuant to this, DPPPL has ceased to be a subsidiary of the company with effect from June 30, 2013. Earlier, the company as part of corporate restructuring had decided to sell 51% shares held by the it in DPPPL.
DB Corp is the only media conglomerate that enjoys a leadership position in multiple states, in multiple languages and is a dominant player in its all major markets. The company’s other business interests also span the radio segment through the brand - MY FM - radio station with presence in 7 states and 17 cities and a strong online presence in internet portals.
