PARIS: The International Herald Tribune announced Tuesday a plan to expand its reach in a fast-growing market in a partnership with Deccan Chronicle Holdings, the publisher of a new business newspaper in India.
The IHT, published by The New York Times Co., will create a branded business section in Deccan's Financial Chronicle. The section will be a version of the Business Asia with Reuters section, which appears daily in the IHT.
Deccan publishes the fourth-largest English-language daily in India, The Deccan Chronicle. The company started The Financial Chronicle on April 16, publishing in Hyderabad, Madras and Bangalore.
"This is a very exciting development for the IHT in a market that has tremendous potential for us," Stephen Dunbar-Johnson, the publisher of the IHT, said in a statement.