| The Press Trust of India Ltd. | |
| Type: | Non-profit cooperative[1] |
| Industry: | News media |
| Founders: | --> |
| Hq Location: | PTI Building, 4, Parliament Street |
| Hq Location City: | New Delhi |
| Hq Location Country: | India[2] |
| Area Served: | Worldwide |
| Revenue: | [3] |
| Revenue Year: | 2016–17-18 |
| Profit: | --> |
| Profit Year: | --> |
| Owners: | --> |
| Num Employees: | 1,000+ |
| Num Employees Year: | 2014 |
The Press Trust of India Ltd., commonly known as PTI, is the largest news agency in India.[4] It is headquartered in New Delhi and is a nonprofit cooperative among more than 500 Indian newspapers. It has over 500 full-time employees, including about 400 journalists. It also has nearly 400 part-time correspondents in most of the district headquarters of the country.[5] PTI also has correspondents in major capitals and important business centres around the world. It was incorporated in Madras in 1947 with The Hindu's proprietor, Kasturi Srinivasan, as its Founding Chairman. It took over the operations of the Associated Press of India from Reuters in 1948–49.[6] [7] It provides news coverage and information of the region in both English and Hindi.[8] [9] [10] [11]
PTI exchanges information with several other news agencies including 100 news agencies based outside India, such as Associated Press, Agence France-Presse, The New York Times and Bloomberg L.P. Major Indian subscribers of PTI include The Hindu, The Times of India, The Indian Express, Hindustan Times, The Statesman, The Tribune, News 18, NDTV, India Today, the All India Radio, Doordarshan, and The Wire. PTI has offices in Bangkok, Beijing, Colombo, Dubai, Islamabad, Kuala Lumpur, Moscow, New York City, and Washington D.C.[12]
Its current chairman is Aveek Sarkar.[13] He is also the vice chairman of ABP group.[14]
| Time | Event | |
|---|---|---|
| 1905 | Birth of Associated Press of India (API) floated by K C Roy, often called the first Indian news agency[15] | |
| 1919 | Reuters takes over operations of API but still uses API credit line | |
| 1945 | API registered as a private limited Indian company wholly owned by Reuters | |
| 1947, 27 August | Press Trust of India incorporated in Madras, The Hindu's Kasturi Srinivasan becomes founding chairman. | |
| 1949, 1 February | PTI begins news services, taking over operations from API but still maintains links with Reuters. | |
| 1953 | PTI becomes a free agent, independent of Reuters | |
| 1976 | PTI Economic Service is launched | |
| 1976, February | PTI, UNI, Samachar Bharati, and Hindustan Samachar merge under pressure during emergency to become 'Samachar'.[16] | |
| 1978, April | PTI and the other three news agencies go back to their original units to restart independent news operations | |
| 1980, July | PTI Feature Service launched | |
| 1981, October | PTI Science Service launched | |
| 1982, November | PTI launches Scan, on-screen news display service | |
| 1984 | PTI service launched for subscribers in United States | |
| 1985 | Computerisation of news operations starts PTI service launched for subscribers in UK | |
| 1986, February | PTI-TV launched | |
| 1986, April | PTI-Bhasha launched, making it bi-lingual, a concept started by Samachar Bharati | |
| 1986, August | Experimental broadcast of news and pictures via Insat-IB begins, Computer system made fully operational | |
| 1987, August | Stockscan I launched | |
| 1987, October | PTI photo service launched | |
| 1992, August | PTI Mag launched | |
| 1993, August | PTI Graphics service launched | |
| 1995, March | PTI launches StockScan II | |
| 1996, February | PTI invests for the first time in a foreign registered Company, Asia Pulse, which provides an on-line data bank on economic opportunities in Asian countries | |
| 1997, December | PTI introduces photo-dial up facility | |
| 1999, March | PTI celebrates Golden Jubilee. PTI goes on Internet | |
| 2003, September | PTI launches internet delivery of its news and photo services | |
| 2007, July | PTI KU-Band VSAT system for delivery of its news and photo services launched | |
| 2010, March | PTI launches NewsView for delivery of its news (.txt and .xml) and photo services |