Times Group sells Bengali daily Ei Samay

West Bengal standing counsel Sanjay Basu acquires newspaper

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Ei Samay
In 2012, the Times Group launched Ei Samay with much fanfare to take on existing giants such as Anandabazar Patrika and Bartaman Patrika. It was the Times Group's first regional newspaper in 50 years. 

Advocate Sanjay Basu and Anurag Chaudhury have acquired the Bengali daily newspaper Ei Samay from the Times Group, Basu announced in a Linkedin post. “Exciting news! Anurag Chaudhary and I have acquired EiSamay, a leading Bengali newspaper and digital outlet. Today marks the of a new and thrilling journey,” Basu posted.

Tidings Media and Communications, a company established on April 18 and which owns the East India House in Kolkata, acquited the newspaper, media reports said. The financial details were not known yet. In 2012, the Times Group launched Ei Samay with much fanfare to take on existing giants such as Anandabazar Patrika and Bartaman Patrika. It was the Times Group’s first regional newspaper in 50 years. 

Exchange4Media.com reported that Basu, a partner at AQUILAW and a standing counsel for the West Bengal government in the Calcutta High Court and Supreme Court of India, set up the firm with Anurag Chaudhary, chairman and managing director at Himadri Speciality Chemical.

In an interview with e4m, Basu who is said to be close to Mamata Banerjee, says he plans to expand the newspaper across the state. There is no change in the editorial team with Hirak Bandopadhayay continuing to lead.

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