Business daily Financial Times publisher Pearson group is looking to launch a new business paper in India through a joint venture with the country’s fast growing media house, Network 18, a report said here on Tuesday.

Pearson recently entered into a partnership with Network 18, which runs business news TV channel CNBC TV-18 among other media properties, after severing a 15-year relationship with Indian business daily Business Standard, British Daily Times reported on its website.

Without disclosing the price, Business Standard had said last week that Pearson has sold its 13.85 per cent stake in the India newspaper to domestic banking conglomerate Kotak Mahindra group.
Business Standard would continue to have access to the British daily’s content till the end of this year and thereafter the fifteen-year association between the two newspapers would end, the Indian broadsheet had said on April 18.