The Rupert Murdoch-owned international daily The Wall Street Journal will be the first foreign newspaper to launch its facsimile editions in India starting next month. The Wall Street Journal and Wall Street Journal Asia brought out by US-based Dow Jones Company are the first fax editions of foreign newspapers permitted by the information and broadcasting ministry. The two newspapers will be brought out by Wall Street Journal India Publishing Private Limited,a wholly-owned subsidiary of Dow Jones & Co and foreign direct investment of Rs 2.16 crore had been permitted earlier for the same,said a statement issued by the Ministry. Expected to be published from Mumbai and sold at a price of Rs 30 per copy,the international newspapers daily will come in a Berliner format. WSJ is currently in a tie-up with HT Media Limited for the business daily Mint in India.
Written by Express News Service | New Delhi | Published: February 12, 2009 12:51:59 am