Anant Goenka (for Info only, not official)

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Anant Goenka

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    ...Someone who, in the early 70s when the cost of capital was well over 30 per cent, launched newspapers in 12 local languages across India; all with expensive local printing facilities and independent editorial teams. He embarked on an unprecedented expansion strategy at a time when 70 per cent of the country’s advertising and hence the newspaper’s revenue came from central and state governments and public sector units — clients whom the Express frequently rubbed the wrong way in its pursuit of truth. It’s this commitment to his reader that made nine of the 12 language papers he launched the largest in their regions. ...

    Indian Express on April 28, 2017, 12:03 a.m.

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    ...Five years ago, we looked westwards, and complained about India’s abysmal digital infrastructure. Two years ago, we were in this room at FICCI’s inaugural “Digital Bharat” seminar, and looked with wide-eyed wonder at the macro-level opportunity of the government’s Digital India, Make in India and Smart Cities programmes. And while we clapped, if we put our hands to our hearts, through the applause we could hear nervous scepticism. Because when any government in the world announces a programme, it is generally met with scepticism. Today, however, we can all sit back and appreciate the progress we have made. Every state is competing with the other to build a smarter city. And whether you are at Momentum Jharkhand, Sunrise Andhra or Progressive Punjab — each state is rolling out the red carpet for technology entrepreneurs. Certainly, citizens have seen a lot of benefits too. Today, from the booking of train tickets to LPG cylinders, all are online. The income tax department reminds you of your due date via email and your city’s traffic police suggests roads to avoid on their Facebook page. ...

    Indian Express on April 12, 2017, 12:15 a.m.

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    ...Great journalism is a worse business than social networking!Who cares?"A tweet from The Atlantic's Andrew Golis.Here's why we should care.The Washington Post brand – a role model for journalism around the democratic world, and an aspiration in countries that don't enjoy free press like Singapore and China – was once considered priceless.It has now been assigned a value.Even the Hindustan Times a thinly traded stock, has a value of Rs 2,250 crore today that is based only on their profit and loss, and doesn't factor in real estate or brand.WashPo's value at Rs 61 to the USD is 1,550 crore.This is relevant because it marks a shift in the way news media companies are now being valued, and will probably continue to be.Newscorp, Disney and New York Times didn't value Wall Street Journal, ABC (and ESPN) or the International Herald Tribune like private equity (PE) funds at 25 times profit after tax (PAT), they believed they were bidding for brands. ...

    Indian Express on Aug. 6, 2013, 7:48 p.m.