The Indian Express
In 1932, the Indian Express was started at Chennai by an ancient medicine doctor, P. Varadarajulu Naidu in his "Tamil Nadu" press. After having financial problems, he sold the newspaper to Swaminathan Sadanand, the founder of The Free Press Journal, a national news agency. Sadanand brought many changes along with reducing the price of the newspaper. When another financial problem arises, he sold a part of his stake to Ramanath Goenka as convertible business loans. In 1935, The Free Press Journal finally came to an end. After a lengthy court trial battle with Goenka, Sadanand lost ownership of Indian Express.