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MUMBAI:
Bharat Kapadia has joined as CEO and managing editor of Jagran-18
Publications Ltd, the recently announced 50:50 Jagran-TV18
joint venture in the business print space.
The
JV is set to launch a Hindi business daily for the Indian
market in 2008. This will be followed with business dailies
in other Indian languages.
Kapadia had resigned from the Bhaskar group , where he was
serving as executive director.
Commenting
on the appointment, Jagran Prakashan chairman and MD Mahendra
Mohan said, "Bharat's credentials in the print media
space are exemplary and we believe he will be a real strength
to us as we create value from this opportunity."
Network18
Group CEO Haresh Chawla said , "Strategically, our print
foray, including the business daily venture with Jagran, marks
the next level of growth for Network18 as we strengthen our
position as India's leading full play media and entertainment
entity. Bharat comes with many years of rich experience in
the publishing space and an intricate knowledge of building
long lasting print brands and thus will be an invaluable asset
in our print plans."
Kapadia
believes that the print space offers tremendous opportunities
in the wake of "India's rapid economic growth" and
"transformation of consumer tastes and media habits in
all regional markets."
Prior
to Bhaskar group, Kapadia led the transformation of 'Chitralekha'
into a strong regional brand. Amongst his most recent accomplishments
has been the 'Vote for Taj' project, the movement for Taj
Mahal's inclusion in the New 7 wonders of the world, which
he spearheaded.
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