The Asian Age has a new editor-in-chief

There has been a change of guard at The Asian Age newspaper with T Venkattram Reddy taking over as editor-in-chief from M J Akbar from March 1.

Akbar would, however, continue to be associated with the newspaper he launched in 1994, P K Iyer, managing director of Deccan Chronicle Holdings, told Business Standard.

"The Asian Age will continue the way it has been functioning so far and the association with Akbar will also continue, though in a different capacity. The details will be worked out between us in due time," Iyer said. Akbar had apparently indicated to the promoters his intention to move out of the day-to-day activities of The Asian Age for some time now.

The Asian Age is published from Delhi, Mumbai, Bangalore, Kolkata and London by Deccan Chronicle Holdings, which also owns the Deccan Chronicle newspaper.

Deccan Chronicle Holdings owns 90 per cent in Asian Age Holdings. It had acquired 67 per cent stake in Asian Age Holdings for Rs 17.10 crore in 2005.

Before its acquisition in May 2005, Asian Age Holdings was the promoter company of The Asian Age with Akbar owning a 26 per cent stake along with a clutch of other investors like United Breweries (23 per cent), Deccan Chronicle Holdings (22 per cent), Zee Telefilms (15 per cent) and T Venkattram Reddy (3 per cent).