The Times of India (TOI) is an Indian English-language daily newspaper and 
digital news media owned and managed by The Times Group. It is the 
third-largest newspaper in India by circulation and largest selling 
English-language daily in the world. According to Audit Bureau of Circulations 
(India). It is the oldest English-language newspaper in India, and the 
second-oldest Indian newspaper still in circulation since its first edition 
published in 1838. It is nicknamed as "The Old Lady of Bori Bunder", and is an 
Indian "newspaper of record".

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Beginnings

The Times of India issued its first edition on 3 November 1838 as The Bombay 
Times and Journal of Commerce. The paper was published on Wednesdays and 
Saturdays under the direction of Raobahadur Narayan Dinanath Velkar, a 
Maharashtrian social reformer, and contained news from Britain and the world, 
as well as the Indian Subcontinent. J.E. Brennan was its first editor. In 1850, 
it began to publish daily editions.

In 1860, editor Robert Knight (1825–1892) bought the Indian shareholders' 
interests, merged with rival Bombay Standard, and started India's first news 
agency. It wired Times dispatches to papers across the country and became the 
Indian agent for Reuters news service. In 1861, he changed the name from the 
Bombay Times and Standard to The Times of India. Knight fought for a press free 
of prior restraint or intimidation, frequently resisting the attempts by 
governments, business interests, and cultural spokesmen and led the paper to 
national prominence. In the 19th century, this newspaper company employed more 
than 800 people and had a sizeable circulation in India and Europe.

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Bennett and Coleman Ownership 

Subsequently, The Times of India saw its ownership change several times until 
1892 when an English journalist named Thomas Jewell Bennett along with Frank 
Morris Coleman (who later drowned in the 1915 sinking of the SS Persia) 
acquired the newspaper through their new joint stock company, Bennett, Coleman 
& Co. Ltd.

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Dalmia Jain Group Ownership

Bennett Coleman & Co. Ltd was sold to sugar magnate Ramkrishna Dalmia of the 
then-famous industrial family, the Dalmias, for ₹20 million (US$280,000) in 
1946, as India was becoming independent and the British owners were leaving. 
Sir Stanley Reed edited The Times of India from 1907 until 1924 and received 
correspondence from the major figures of India such as Mahatma Gandhi. In all 
he lived in India for fifty years. He was respected in the United Kingdom as an 
expert on Indian current affairs. He christened Jaipur as "the Pink City of 
India". 

In 1969 operations of Times Of India was taken by Government from the 
Dalmia-Jain Group following the Vivian Bose Commission Report.

Back to the Jain family 

In 1976, during the Emergency in India, the Government transferred ownership of 
the newspaper back to Ashok Kumar Jain, who was Sahu Shanti Prasad Jain's son 
and Ramkrishna Dalmia's grandson. He is the father of the current owners Samir 
Jain and Vineet Jain). The Jains too often landed themselves in various money 
laundering scams and Ashok Kumar Jain had to flee the country when the 
Enforcement Directorate pursued his case strongly in 1998 for alleged 
violations of illegal transfer of funds (to the tune of US$1.25 million) to an 
overseas account in Switzerland.

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The Times in the 21st century

In late 2006, Times Group acquired Vijayanand Printers Limited (VPL). VPL 
previously published two Kannada newspapers, Vijay Karnataka and Usha Kiran, 
and an English daily, Vijay Times. Vijay Karnataka was the leader in the 
Kannada newspaper segment then.

The paper launched a Chennai edition, 12 April 2008. It launched a Kolhapur 
edition, February 2013.

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TOIFA Awards 

Introduced in 2013 and awarded for the second time in 2016, "The Times of India 
Film Awards" or the "TOIFA" is an award for the work in Film Industry decided 
by a global public vote on the nomination categories.

Roland.
Toronto.

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