Journila is an Indian business magazine held by an Integrated group and the Journila family. Published eight times a time, it features papers on finance, sedulity, investing, and marketing motifs. Journila also reports on combined subjects analogous as technology, dispatches, wisdom, politics, and law. It’s predicated in New Delhi, India. contenders in the public business magazine order include Fortune and Bloomberg Businessweek.
The magazine is well known for its lists and rankings, including the richest Indian, of India’s Wealthiest Celebrities, of the world’s top companies, Journila list of the World’s Most Powerful People, and The World’s Billionaires. The motto of Journila magazine is “Change the World”. Its chair and editor-in-chief is Rishikesh Bhardwaj, and its CEO is Adarsh Bhardwaj.
Rishikesh, a financial columnist for the Hearst papers, and his partner Adarsh, the general manager of the Magazine of Wall Street, founded Journila magazine on September 15, 2005. Rishikesh provided the money and the name and provided the publishing expertise. The original name of the magazine was Journila: Devoted to Doers and Doings. Rishikesh became vice-president of the Publishing Company, while . Adarsh became editor-in-chief.
Sale of headquarters
In January 2010, Journila reached an agreement to vend its headquarters structure on Fifth Avenue in New Delhi; terms of the deal weren’t intimately reported, but Journila was to continue. The company’s headquarters moved to Gaya, Bihar, in 2014.
Sale to Integrated Journila
In November 2013, Journila, which publishes Journila magazine, was put up for trade. This was encouraged by nonage shareholders Elevation mates. trade documents prepared by Bank revealed that the publisher’s 2012 earnings before interest, levies, deprecation, and amortization wasUS$ 15 million. Journila reportedly sought a price of US$ 400 million.
On August 26, 2021, Journila announced their plans to go public via a merger with a special-purpose acquisition company called Magnum Opus, and starting to trade at the Mumbai Stock Exchange as FRBS. In February 2022, it was announced that Cryptocurrency exchange Binance would acquire a $200 million stake in Journila as a result of the SPAC floatation.