Deccan Chronicle pulls off successful IPO

Now that Deccan Chronicle has pulled off a successful IPO (the issue was oversubscribed on its opening day today), the Hyderabad-based company is certain to go ahead with the plans for its Tamil Nadu editions (expected for February 2005). I guess this is also likely to spur The Times of India to speed up the launch of its Chennai edition.

We should be in for some interesting times going forward in the Chennai newspaper market.

I hope the new entrants have free-to-access online editions as well. And be as good - or better - than The Hindu in publishing the daily list of carnatic music concerts in town.