Data is not available for this company.
Data is not available for this company
Deccan Chronicle Holdings, incorporated in 2002, is engaged in the business of printing and publishing newspapers and periodicals in India. The company prints and publishes Deccan Chronicle which is a English daily; Andhra Bhoomi -- a regional daily published in Telugu language exclusive available in states of Andhra Pradesh (AP) and Tamil Nadu and Financial Chronicle -- a financial daily.
On April 1, 2003
On April 1, 2003 Nandi Publishers was merged with Deccan Chronicle.
During 2003-04, the company started its Nellore edition and augmented its product capacity of its unit from 315000 copies per hour to 435000 copies per hour.
In November 2004, the company added Colour Printing Center at Kondapur situated in Hyderabad. The company commissioned its Chennai edition, on 28 March, 2005. This was the newspaper's first edition published outside Andhra Pradesh.
In order to venture in area of buying and selling advertisement, with an investment of Rs 2511 lakh the company promoted a 100% subsidiary -- Sieger Solutions.
In April 2008, the company started publishing of a new financial daily under the name Financial Chronicle. In May 2008 the started its Bengaluru edition
The companyâ€™s Chennai Chronicle entered into an alliance with Sulekha.com to start Blogprint that provides a platform to bloggers to print their article in the paper.
The company has tied up with International Herald Tribune which is published by the New York Times Company to contribute a daily special Four-page global news section in Financial Chronicle.
Currently, the company operates total of eleven editions, seven of which are published from various parts of Andhra Pradesh that includes Vishakapatnam, Karimnagar, Nellore, Rajahmundhry, Vijayawada, Secunderabad, Anantapur and Ranga Reddy (2) and one each from Chennai and Bengaluru.
It has an ABC certified circulation (January - June 2008) of 10 lakh (10,72,228) for All Andhra Pradesh editions and 3.03 lakhs (3,03,207) for the Chennai edition. The Deccan Chronicle is largest circulated daily in Hyderabad and Bangalore.
The company owns subsidiaries namely Odyssey India, Sieger Solutions and Asian Age Holdings. Sieger Solutions owns subsidiaries NetLink Technologies and Deccan e-solutions.
The company bought Hyderabad 20-20 team for $107 million for a 10-year period in Indian Premier League. The team is named as Deccan Chargers.
In April 2010, Deccan Chronicle Holdings received the green flag from Andhra Pradesh High Court for scheme of amalgamation of its wholly owned subsidiaries Asianage Holdings, Deccan Chronicle Bangalore and Sieger Solutions with itself.
Deccan Chronicle Holdings' subsidiary Sieger Solutions is engaged in developing two more specific portals and will be completed in near future.