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History lesson DuPont unveils a new synthetic yarn and calls it nylon. The earliest use of nylon is in replacing animal bristles in toothbrushes By , with a strong national character embedded in The Times of India, BCCL - the name was taken 10 years earlier - moved into an office at Bori Bunder, opposite what is today the busy Chhatrapati Shivaji Terminus.
The company's history records this as its third office after starting off at Parsi Bazaar, a busy street in the Fort area, and a Churchgate building that the company decided to move from after the ceiling fan collapsed in partner and editor T. Bennett's office. The paper was distinctly nationalistic those days, reflecting the euphoria after India's independence. It was not until that BCCL, a sleepy company like most Indian media businesses of the time, was shaken up: when Samir Jain, Vineet's elder brother by 11 years, took charge as Vice Chairman; their mother Indu Jain chairs the company.
Samir took a leaf out of the consumer goods business - "a newspaper should be sold like a bar of soap" - brought smarts into marketing TOI, as The Times of India is popularly called, never before seen on the Indian print media landscape. But his invitation price of Rs 1. In , just after the newspaper decided to extend news deadlines to midnight from 5 pm earlier, the management cut the newspaper's price to one anna from four annas 16 annas made a rupee.
Circulation rose five times. Samir's decision in resulted in home subscriptions jumping five-fold, too. Through these 3 companies the Jain family owns Similarly, Through these 2 companies the Jain family owns 6. Vineet Jain through other subsidiaries hold Hence the Jain Family owns These companies also hold shares in each other, and the Jain family is the sole beneficiary of all these companies.
Moreover, the shareholding of Bennett Coleman and Company Limited is very complex and there is heavy cross shareholding, therefore it can be infered that the remaining The Jain Family.
One of the sources indicate that the paper, Times of India, was founded by the Coleman family in , who were the printers in London working for the East India Company. According to the same source he was the General Manager of Times of India in and was stationed in Ceylon attached to Government Press before becoming the manager of Financial News in London. Bennett left India in but continued to run his paper from England.
He was a Member of Parliament for the Sevenoaks constituency in Kent. He died in London in due to poor health. Hello Missing Data. Good Homes Missing Data. Home Trends Missing Data. Zig Wheels Missing Data. Filmfare Missing Data. Femina Missing Data. MNX Missing Data. Romedy Now Missing Data. Times Now Missing Data. ET Now Missing Data. Mirror Now Missing Data. Zoom Missing Data.
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