Aditya Birla Group is planning to acquire 26% stake in @LivingMediaIndia
Limited, which owns the India Today group of publications.
Living Media owns 57.1% in @TVTodayNetwork
, the listed company that owns the group’s broadcasting assets.
New Delhi based Living Media has interests in magazines, newspapers, books, radio, television, printing and the Internet. It brands include India Today, Business Today and clutch of licensed magazines such as Cosmopolitan, Good Housekeeping, Men’s Health, Harper’s Bazaar, Travel Plus and Harvard Business Review, among others.