State Times

"The Indian Express is an English-language Indian daily newspaper founded in 1932. It is published in Mumbai by the Indian Express Group. In 1999, eight years after the group's founder Ramnath Goenka's death in 1991,[2] the group was split between the family members. The southern editions took the name The New Indian Express, while the northern editions, based in Mumbai, retained the original Indian Express name with ""The"" prefixed to the title. In 1932, the Indian Express was started by an Ayurvedic doctor, P. Varadarajulu Naidu, at Chennai, being published by his ""Tamil Nadu"" press.[citation needed] Soon under financial difficulties, he sold the newspaper to Swaminathan Sadanand, the founder of The Free Press Journal, a national news agency.[citation needed] In 1933, the Indian Express opened its second office in Madurai, launching the Tamil edition, Dinamani. Sadanand introduced several innovations and reduced the price of the newspaper. Faced with financial difficulties, he sold a part of his stake to Ramanath Goenka as convertible debentures. In 1935, when The Free Press Journal finally collapsed, and after a protracted court battle with Goenka, Sadanand lost ownership of Indian Express.[4] In 1939, Goenka bought Andhra Prabha, another prominent Telugu daily newspaper. The name Three Musketeers was often used for the three dailies namely, Indian Express, Dinamani and Andhra Prabha."