Commenter rips into Gavin O’Reilly’s view about the health of newspapers: "It’s fine for aul Gavin, investing in rising markets in India and Africa, but I don’t work there and I don’t invest there."

Indy relaunches its web site, using templates similar to those used on stablemate Independent.ie.

"As newspaper readership stagnates in the US and Europe, India’s newspapers are enjoying the kind of golden age the US saw at the end of the 19th century. These prospects are luring in international groups."

"Independent News & Media chief executive Anthony O’Reilly said on Thursday he had raised his stake in the newspaper publisher, taking his personal holding to 26.12 percent."

"Sir Anthony O’Reilly’s Independent News & Media, the company behind The Independent, rushed out a trading statement last night, hours after the rebel investor Denis O’Brien had raised his stake to 14.5 per cent."

Linked to purchase of the Irish regional newspaper: "Independent News & Media, the Irish Times, Johnston Press and John Taylor’s Alpha Newspapers … along with … Claret Capital and … Boundary Capital, as well as UK media groups who are new to the Iri

"British media organisations are besieging the Indian market, seeking growth that is hard to find at home."

"Freesheet Metro racked up losses of more than €8.3m during its first 15 months on Dublin’s streets."

O’Brien on INM: "What I’m trying to do is force change - put proper governance in. The company can do a lot better with a proper board."

"Denis O’Brien has raised his stake in Independent News & Media … to 9.08 [per cent]"

O’Reilly vs O’Brien rumbles on: "Independent News & Media said on Friday it had bought back a further 1 million of its own shares, bringing the total number of shares bought since late May to over 13.5 million."