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''Forbes India'' is the Indian edition of ''
Forbes ''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also re ...
'' which is managed by
Reliance Industries Reliance Industries Limited is an Indian multinational conglomerate company, headquartered in Mumbai. It has diverse businesses including energy, petrochemicals, natural gas, retail, telecommunications, mass media, and textiles. Reliance is ...
-owned media conglomerate,
Network 18 Network18 Media & Investments Limited, (formerly SGA Finance and Management Service and Network18 Fincap Limited) commonly referred to as the Network18 Group and sometimes as the Network18–Eenadu Group, is an Indian media conglomerate owned b ...
.


History and profile

Since its founding in 2008, ''Forbes India'' has achieved a circulation of 50,000 copies and makes over Rs 50 crore in topline. The magazine is published fortnightly. In May 2013, the Network 18 owned ''
First Post ''Firstpost'' is an Indian online news and media website. The site is a part of the Network 18 media conglomerate owned by Reliance Industries, which also runs CNN-News18 and CNBC-TV18. The ''Network 18'' group was originally owned by Raghav ...
'' was merged with ''Forbes India''. Shortly thereafter, the four top editorial heads who had led the growth of ''Forbes India'', including its editor-in-chief Indrajit Gupta, were dismissed under surprisingly humiliating conditions. The event led to considerable media speculation. Press Club, Mumbai, passed a resolution: “The method of ejecting them from the company was nothing short of shameful. Journalists are not only messengers of news and information, but are the collective voice of civil society." The new editor R. Jagannathan (erstwhile editor of ''
First Post ''Firstpost'' is an Indian online news and media website. The site is a part of the Network 18 media conglomerate owned by Reliance Industries, which also runs CNN-News18 and CNBC-TV18. The ''Network 18'' group was originally owned by Raghav ...
''), took over ''Forbes India''. He told ''
The Caravan ''The Caravan'' is an Indian English-language, long-form narrative journalism magazine covering politics and culture. History In 1940, Vishwa Nath launched ''Caravan'' as the first magazine from the Delhi Press; it went on to establish its ...
'' magazine that "''Forbes'' ... is not meant to be an NGO. It is not meant to be anti-capitalism." The move might be a part of a shift within the journal towards right-wing politics, following a large infusion of cash from
Mukesh Ambani Mukesh Dhirubhai Ambani (born 19 April 1957) is an Indian billionaire businessman. He is the chairman and managing director of Reliance Industries Ltd. (RIL), a Fortune Global 500 company and India's most valuable company by market value. Acco ...
-owned
Reliance Industries Limited Reliance Industries Limited is an Indian multinational conglomerate company, headquartered in Mumbai. It has diverse businesses including energy, petrochemicals, natural gas, retail, telecommunications, mass media, and textiles. Reliance is o ...
in the Network 18 conglomerate.


Sister publications

* ''
Overdrive Overdrive may refer to: Organizations * OverDrive, Inc., a digital distributor of entertainment media ** OverDrive Media Console, a media player developed by OverDrive, Inc. * Overdrive PC, a subsidiary of Velocity Micro Technology * Overdrive ...
'', an Indian monthly automotive magazine * ''
Better Photography ''Better Photography'' is an Indian monthly photography Photography is the art, application, and practice of creating durable images by recording light, either electronically by means of an image sensor, or chemically by means of a light-sens ...
'', an Indian magazine for photo enthusiasts * ''
Better Interiors ''Better Interiors'' is an Indian monthly interior design magazine. Background The magazine was established by Infomedia India on 5 May 2005. Infomedia India was taken over by Indian media and entertainment company Network 18. Sister publicati ...
'', an interior design publication


References


External links


Official website

Forbes Global 2000, 2017 Listing of Indian Companies

India's Forbes Super 50 Companies
2008 establishments in India Business magazines published in India Magazines established in 2008 Biweekly magazines published in India Forbes {{business-mag-stub