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“Hopefully we’ll solve the broker issue in India” – News Corp’s Raju Narisetti on PropTiger

News Corp has been making significant investments in India over the last year, most noticeably in real estate listings company PropTiger, and the acquisition of news and data business VCCircle. Last week, the company said PropTiger would be listing its Luxury Real Estate Properties on News Corp's Mansion Global. Raju Narisetti, senior vice president at News Corp, spoke with MediaNama about News Corp's  strategy in India and their investment in PropTiger in this first part of an interview. MediaNama: Could you give us an overview of NewsCorp right now and its strategy in India? Raju Narisetti:  The current version of News Corp is just about two years old. The company split into two in June 2013. News Corp decided to keep the original name and focus on news, information, publishing, data, digital real estate and digital education business. And the other company became 21st Century Fox, which has movies, television and in India they ended up with Star. So that's the portfolio. Obviously, news is always going to be part of it simply because of our heritage and the fact we have such strong brands in the Wall Street Journal, The New York Post, The Sun, The Times of London. But the reality is that in our portfolio which has close to $9 billion in revenue, the news businesses are increasingly getting smaller while the other businesses are growing at a higher pace. We've also done some acquisitions. So the portfolio is increasingly starting to look like a digital portfolio with a fair…

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