HT Media optimistic on Hindi biz; innovating regularly

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HT Media optimistic on Hindi biz; innovating regularly

Optimistic on the Hindi business, HT Media’s CEO Rajiv Verma said they were regularly working towards innovating the Hindi business. “The Hindustan brand is in a growth mode. It has over 75% market share in Bihar and the business has shown explosive growth since the last six to eight quarters.”

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Excerpts from Bazaar on CNBC-TV18 Watch the full show » RELATED NEWS Hindustan Media to rasie Rs 3bn via IPO Hindustan Media Ventures plans Rs 300-cr public issue ALSO READ See latest News about HT Media See previous management interviews See what other Experts & Brokerages are saying about HT Media Nifty BSE | NSE 10/02/12 Are Mutual Funds betting on Nifty?

HT Media 's subsidiary Hindustan Media Ventures Ltd plans to raise funds via an initial public offer (IPO) for which it has filed a draft red herring prospectus (DRHP) with the market regulator SEBI on March 5, 2010.

Optimistic on the Hindi business, the company's Chief Executive Officer Rajiv Verma said they were regularly working towards innovating the Hindi business. "The Hindustan brand is in a growth mode. It has over 75% market share in Bihar and the business has shown explosive growth since the last six to eight quarters."

For complete interview, watch video.