The Statesman Ltd

The Statesman Ltd publishes The Statesman, one of India's oldest English newspapers, from Kolkata. Its chairman is R. P. Gupta and Ravindra Kumar is its managing director; Scroll reports that the Gupta family controls the company, which until 2024 was owned by 15 Kolkata trusts.Sources:1Wikipedia: The Statesman (India), Wikipedia (source, opens in a new tab)2Scroll.in: How a loan from a mysterious lender helped a distressed newspaper take over UNI, Scroll.in, 22 March 2026 (source, opens in a new tab)

In February 2025 the National Company Law Tribunal approved its roughly Rs 75 crore plan to take over the insolvent news agency United News of India through a subsidiary acquiring all of its shares; Scroll reports the acquisition was completed in June 2025. Scroll found the paper had not made a profit in more than a decade and had taken an undisclosed, unsecured loan of about Rs 31.8 crore in 2024–25.Sources:2Scroll.in: How a loan from a mysterious lender helped a distressed newspaper take over UNI, Scroll.in, 22 March 2026 (source, opens in a new tab)3Newslaundry: From courtrooms to uncertainty: Inside UNI's Rs 75-crore deal with Statesman, Newslaundry, 21 March 2025 (source, opens in a new tab)