Rivals gang up

IN Media Watch Briefs | 11/12/2009

In Gujarat, dog is happy to bite dog. Gujarat Samachar, Divya Bhaskar and Sandesh are busy reporting on each other. Now rivals Gujarat Samachar and Sandesh have joined hands against Divya Bhaskar and are assailing the forthcoming DB Corp IPO. The stories running in these papers' Gujarat and Maharashtra editions about DB's Rs 563 crore debt are making people wary. The rival papers are eager to prove that DB corp subsidiaries are loss making, and investing in the group is going to be detrimental for shareholders.