Television
Report on Shemaroo

OneWeb taps Srikanth Balachandran as new CFO

Balachandran joins from Bharti Global, where he was CFO since October 2018.

https://www.indiantelevision.com/sites/default/files/styles/smartcrop_800x800/public/images/tv-images/2021/02/19/img_19022021_163219_800_x_800_pixel.jpg?itok=A1uzSk0x

New Delhi: Broadband satellite communications company OneWeb, owned by the UK government and Sunil Bharti led Bharti Global and other strategic investors, has named Srikanth Balachandran as the chief financial officer.

Balachandran joins from Bharti Global, where he was CFO since October 2018. Prior to his appointment at Bharti Global, he was CFO of Bharti Airtel for seven years, during which Airtel engaged in some intense mergers and acquisitions, grew its customer base five-fold to become the world's number three mobile operator in subscriber numbers and expanded its operations to as many as 18 countries.

He was closely associated with Airtel's successful launch and scaling up of the satellite TV business in India and the rapid expansion of Airtel's global business across the globe, as per the company’s statement. He also held the role of chief human resources officer for three years at Airtel.

Balachandran said, "Our plans to create a telecoms network in space will be game-changing and will help realise OneWeb's vision of 'internet access everywhere, for everyone.’ We will invest responsibly for customer experience and profitable growth.”

OneWeb had declared bankruptcy in March 2020 after failing to get more investment from its primary investors, including Japan-based Softbank. It emerged from its bankruptcy proceedings in November 2020 with a new ownership board led by the UK government and Indian telecom Bharti Global.

The company plans to take 648 low earth orbit satellites into space to deliver internet connectivity to nearly all land and sea surfaces across the globe. It put up 36 new satellites into space last December.

"Having had the opportunity to work with Srikanth in his most recent role as CFO of Bharti Global, the team at OneWeb has seen first-hand the wealth of experience and expertise he will bring to his new position at OneWeb. He will assume responsibility for helping us deliver our ambitious business plan, securing additional funding and establishing high standards of governance,” said OneWeb CEO Neil Masterson.  

Latest Reads

https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/03/07/eg.jpg?itok=rgP037Fl
'Potential to undermine media freedom': Editors Guild on new IT rules

The Editors Guild of India has raised concerns about the Indian government’s new Information Technology rules, saying they will “fundamentally alter” and put “unreasonable restrictions” on digital media.

Television TV Channels News Broadcasting
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/03/07/kbc.jpg?itok=TJdPsFde
SUN TV Network announces 'Evaru Meelo Koteeswarulu' on Gemini TV

As a part of its 26th year celebrations, SUN TV Network’s Telugu GEC Gemini TV is all set to broadcast Evaru Meelo Koteeswarulu – the Telugu version of the historic Who Wants to be a Millionaire, a show that was aired in 120 countries, elevated and changed the lives of many ordinary people, making...

Television TV Channels Viewership
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/03/06/arnab-goswami.jpg?itok=knIKHR8l
ARNAB GOSWAMI ANNOUNCES THAT R. BANGLA WILL BE LIVE FROM TOMORROW, MAKING IT THE FASTEST NEWS TELEVISION LAUNCH

Republic Media Network’s Editor-in-Chief Arnab Goswami is proud to formally announce the launch of Republic Bangla-- the Network’s hugely-awaited Bengali news channel. Republic Bangla will go live on-air on 7th March 2021 at 8 am.

Television TV Channels News Broadcasting
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/03/06/dev.jpg?itok=o-UikVPH
Empowering women with extra-ordinary short films on ShortsTV

This International Women’s Day, ShortsTV celebrates women who strive to make the world a better place to live in. Available on platforms such as Tata Sky, Dish TV, d2h, Airtel DTH, and Airtel Xstream, ShortsTV has a line-up of movies that embraces female empowerment.

Television TV Channels Viewership
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/03/06/hiin.jpg?itok=VEkw0-TF
Delhi HC stays PCI’s order regarding ad in Hindustan newspaper

The Delhi high court stayed a directive passed by the Press Council of India (PCI) to government departments, which had effectively stopped government advertisements in some editions of the Hindi daily, Hindustan.

Television TV Channels News Broadcasting
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/03/06/ar.jpg?itok=Xyy0Gp1b
TRP scam: Interim relief to Arnab Goswami extended till 16 March.

The Mumbai police has told the Bombay high court that its assurance of not taking any coercive action against Republic TV's editor-in-chief journalist Arnab Goswami in the TRP scam case will continue till 16 March, news agency PTI reported on Friday.

Television TV Channels Viewership
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/03/05/m.jpg?itok=PZ5N2HyL
News18 India gears up for West Bengal elections with ‘Sabse Bada Dangal’

New Delhi: With days left for the crucial West Bengal assembly elections, television news channels are gearing up to shore up viewership on their poll coverage. Amid the intense competition, News18 India has announced an array of programming under its election based viewer engagement campaign ‘...

Television TV Channels News Broadcasting
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/03/05/wh.jpg?itok=nxj1X4aD
Nat Geo signs Colgate, Citroen & HDFC as sponsors for ‘Women of Honour: Destination Army’

National Geographic India has roped in three key sponsors — Colgate, Citroen, and HDFC for its upcoming Women’s Day special documentary titled Women of Honour: Destination Army that features women in the Indian Armed Forces.

Television TV Channels Viewership
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/03/05/ap.jpg?itok=Ezbp-Bi_
Monetising Ishara is the primary focus in next few quarters: Aditya Pittie

In September 2016, Anand Mahindra-owned television channel Epic roped in Pittie Group CEO Aditya Pittie as its managing director. Since then, the Anand Mahindra-and Pittie-promoted IN10 Media has expanded – from television (Epic), to OTT platforms (Epic On and Docubay), and even a production house...

Television TV Channels GECs

Sign up for our Newsletter

subscribe for latest stories

* indicates required