Dow Jones & Company, publisher of The Wall Street Journal, and Bennett, Coleman & Co. Ltd., publisher of  the Times of India and The Economic Times, announced today an agreement on a joint venture to publish The Wall Street Journal for India. The venture would publish the Journal five-days-a-week, edited for global Indian business readers and international business travelers, drawing on the newspaper's global content.
Dow Jones would own 26% of the new venture; Bennett, Coleman would own 74%. The newspaper would be edited by Suman Dubey, a leading Indian journalist and currently Dow Jones' corporate representative in India. Further terms weren't disclosed.
Sources: Dow Jones & Company.