Pearson sells stake in Indian business newspaper

Financial Times publisher Pearson has sold its 13.85 per cent stake in Indian daily business newspaper, Business Standard, to an Indian banking group.

According to the Guardian, the title will continue to use FT content until the end of the year.

The disposal is the latest in a series of moves by Pearson to sell its foreign financial titles to make way for the FT to grow its global footprint.

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