NDTV puts top management in place

MUMBAI: There’s top management restructuring at the troubled news broadcaster NDTV group. The company has been at the receiving end with the income tax authorities for the past few years following "unjustifiable' tax claims being imposed on it. And rumours have been abounding about its acquisition by other parties.  Late October , the Securities Exchange Board of India cleared them of charges related to delayed financial results disclosures at the end of financial year 2011-2012.

The vacuum at the top – following the passing away of CEO KVL Naryan Rao – has been filled. The Prannoy Roy-Radhika Roy promoted company has moved NDTV Convergence Ltd CEO Suparna Singh to the corner office, managing the entire group as of 4 December 2017. The company's website says that she " as been with NDTV for 25 years and has the highest-level experience in all aspects of NDTV functions: editorial in both broadcast TV and internet, revenue and cost management. She has helped NDTV create and run a major new property in NDTV Convergence, which is internationally recognised. It is and has always been a profitable venture."

The group’s director finance and group CFO Saurav Banerjee has been elevated to co-CEO. According to the NDTV website, "as part of his role as Co-CEO, Saurav works closely with the CEO in looking at operations and oversees financial planning, taxation, legal and compliances. Widely respected across the financial world, Saurav has been involved in raising finances, capital restructuring, mergers & acquisitions and statutory compliances with more than a decade of service with the company."

Ravi Asawa is stepping into his shoes as group CFO, NDTV. Ravi has rich experience in corporate finance, mergers and acquisitions, treasury, corporate governance and financial processes across multiple knowledge domains like media, IT services, eCom and manufacturing industries. He is a finance professional with more than two decades of experience and has been the strategic backbone of the NDTV Group Finance team for more than nine years.

The announcement was made to the Bombay stock exchange following the go-ahead at a board meeting earlier today.

Also Read:

Latest Reads
BBC News invests in VR documentary series

Hotly tipped as one of the digital trends to look out for in 2018, virtual reality (VR) has made significant steps towards becoming a more integrated offering from BBC News. The BBC is investing in bringing its award-winning journalism to audiences seeking new experiences by launching a VR...

Television TV Channels News Broadcasting
U Cypher with MTV: a stunnig finale concludes with team yakshas taking the inaugural season's title

Boosting the E-Sports scene in India, the intense, gruelling 34-day U Cypher championship finally ended with team Yakshas bagging top honours. They defeated the Sherdils in a thrilling match that went into overtime

Television TV Channels Music and Youth
Sony SAB launches Saat Phero Ki Hera Pherie

‘Men are from Mars and Women are from Venus’ is not just a famous book title but has become a catchphrase which truly illustrates the behavioral differences between men and women. The two genders can be poles apart in the way they think or emote. Sony SAB’s new show Saat Phero Ki Hera Pherie...

Television TV Channels GECs
Crime reality shows maybe doing more harm than good

The darker genres of storytelling such as thriller, crime and horror have hooked viewers for years. Though at times gory, viewers gulp down crime stories if they are crafted with an element of fun. But a rise in criminals imitating scenes from shows has led people to blame both Bollywood and TV...

Television TV Channels GECs
Chrome DM bags election count and analysis forthe upcoming elections in Meghalaya,Tripura, Nagaland

Chrome Data Analytics and Media – India’s largest primary research and data analytics company – has bagged the tender for covering and analysing the counting of polls in the North-Eastern states of Meghalaya, Tripura and Nagaland for the Doordarshan channel. This marks the foray of the company in...

Television TV Channels News Broadcasting
Communication of Reham Khan's exclusive interview with WION

Imran khan's ex-wife has spoken exclusively to WION on his recent remarriage. Reham Khan who was Imran Khan's second wife, told WION from her home in London that 'Imran Khan's latest marriage is a political misadventure, those who seek power need to make good judgements'. Imran khan tied the knot...

Television TV Channels News Broadcasting
New local rivalry comes to La Liga as Girona debut at Camp Nou

History will be made Sunday afternoon as Girona visit neighbours Barcelona for the first playing of a new Catalan derby – while the LaLiga weekend also sees potentially exciting clashes in the battle for European qualification places and against relegation.

Television TV Channels Sports
Bandbudh aur Budbak helps catapult Discovery Kids ratings by 112%

Discovery Kids’ new show Bandbudh aur Budbak has helped in propelling the TV ratings of the channel to a historic high in the country. Discovery Kids garnered 17,479 GTVTs* for week 7 as per BARC (Age group 2-14

Television TV Channels Kids
Binge on your favourite movies with 'Anthology Weekends' on MNX

Mumbai: When it comes to movies, we all have our favourites we love to binge watch! Offering its viewers their favorite movie franchise, MNX, the new age Hollywood channel for Young India from Times Network, presents a series of cult classics titled ‘Anthology Weekends’, every weekend, until March...

Television TV Channels English Entertainment

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories