Dow Jones plans 'Wall Street Journal' edition for India

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Dow Jones New York--Dow Jones & Co. Thursday announced an agreement with Bennett, Coleman & Co. Ltd., publisher of The Times of India and The Economic Times, to publish an edition of The Wall Street Journal for India.

The joint venture will publish the Journal five days a week. The newspaper will target Indian business readers and international business travelers.

Under the agreement, Dow Jones will own 26% of the venture, and Bennett Coleman the remaining 74%. Suman Dubey, currently Dow Jones' corporate representative in India, is slated to edit the newspaper.

The Indian version of the Journal will join other overseas versions of the paper: The Asian Wall Street Journal, The Wall Street Journal Europe and The Wall Street Journal Americas in Latin America.

--Sean Callahan

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