Take context from the input text and decide on the accurate relationship between 'Hindustan Times' and 'New Delhi' from the options provided.
Options: operator, business division, developer, headquarters location

Himani Chandna, Hindustan Times , New Delhi | Updated: Jul 13, 2015 00:44 IST Rankings of cola giants have come down in the latest most preferred employers survey conducted by FirstNaukri.com.
headquarters location