Financial Times seeks SC approval to publish with disclaimer1 min read . Updated: 15 Dec 2015, 01:57 AM IST
FT moves the apex court to allow it to publish in India, with a disclaimer that it wasn't related to The Times Group
New Delhi: London-based business daily Financial Times (FT) on Monday moved the Supreme Court to allow it to publish in India, with a disclaimer that it wasn’t related to The Times Group that publishes The Times of India and The Economic Times.
An apex court bench comprising justices Anil R. Dave and A.K. Goel said that the plea would be considered on 11 January.
The Registrar for Newspapers in India, however, told the court that there was a main case pending before the apex court, which had to be heard first.
The 127-year-old FT has been involved in a two-decade-long intellectual property rights dispute with the Times Group, which owns the brand “Financial Times" in India.
The Financial Times Group, a division of Pearson PLC, was sold in July 2015 to Japanese company Nikkei for £844 million. Until August 2015, the FT Group had a 50% shareholding in The Economist, which was sold to the Agnelli family for £469 million.