Tag: resignation

  • Piyush Gupta resigns as group CTO of TV Today network

    Piyush Gupta resigns as group CTO of TV Today network

    MUMBAI:  TV Today network has announced the resignation of Piyush Gupta from his position as group chief technology officer. Gupta submitted his resignation via letter, indicating his intent to pursue new opportunities elsewhere. The company has accepted his resignation, and he will officially relinquish his duties at the close of business on 15 April 2025. TV Today informed the Bombay stock exchange about his resignation through a regulatory filing.

    Piyush Gupta has had a distinguished career in the broadcasting industry, having served as Group CTO at TV Today since January 2015. Prior to that, he spent 15 years at Network18 Media & Investments Limited, where he played a pivotal role in launching several prominent channels, including CNBC TV18, CNN IBN, and others. His extensive experience includes overseeing technology and operational processes that significantly contributed to the growth of the network.

    Gupta began his career at Television18  India and also served as a senior engineer at NDTV, bringing a wealth of technical knowledge and leadership experience to his roles. He holds a bachelor’s degree in electronics engineering from Delhi University.

    As TV Today Network prepares for this transition, Gupta’s contributions to the organization and the broadcasting sector will certainly be remembered. For further information, please contact TV Today Network’s corporate communications team.
     

  • Nita Ambani steps down from RIL board

    Nita Ambani steps down from RIL board

    Mumbai: In a significant development, Nita Ambani has tendered her resignation from the board of Reliance Industries Ltd (RIL). The RIL board of directors has recommended the appointment of Isha Ambani, Akash Ambani, and Anant Ambani to fill key positions on the board. Nita Ambani, while stepping down from the board, will continue her role as the chairperson of the Reliance Foundation.

    Nita Ambani’s stepping down from the board doesn’t mark her departure from the Reliance fold. This maintains her pivotal role in the philanthropic and social initiatives of the conglomerate.

    The move is anticipated to have far-reaching implications for the company’s future strategies and direction.

  • Dabur’s Amit Burman steps down as chairman, to continue as a non-executive director

    Dabur’s Amit Burman steps down as chairman, to continue as a non-executive director

    MUMBAI: Amit Burman has resigned as the chairman of FMCG major Dabur India. Burman shall continue to be the non-executive director of the company, Dabur India announced in a regulatory filing. The company has accepted the resignation of Amit Burman from the post of chairman of the board of directors with effect from 10 August 2022.

    The board has also affirmed the appointment of Mohit Burman, who is currently the non-executive vice chairman, as the non-executive chairman of the board for five years with effect from 11 August. 

    Apart from this, Saket Burman has been appointed as the non-executive vice-Chairman of the board of directors for five years.

    Burman started his career at Dabur’s Industrial Engineering Department where he was responsible for the induction of machinery, method improvements, manpower reduction and improving product packaging. He took on the responsibilities as the CEO of Dabur Foods in 1999 and forayed into the processed foods business with a range of ethnic cooking pastes & chutneys and packaged fruit juices.

    Burman stepped down as the CEO of Dabur Foods when the company was merged into Dabur India in July 2007. He was then appointed the vice chairman of Dabur India. He took charge as the chairman of Dabur India in 2019. He is credited for Dabur India’s foray into the processed foods business with the setting up of Dabur Foods Ltd. He is also responsible for driving all business strategy, development and communications at Dabur Foods.

    An alumnus of the University of Cambridge, he also holds M.Sc degree in Industrial Engineering from Columbia University, USA and a B.Sc. degree in Industrial Engineering from Lehigh University, Bethlehem, PA, USA.

  • Pidilite Industries CMO Vivek Sharma moves on

    Pidilite Industries CMO Vivek Sharma moves on

    Mumbai: Pidilite Industries CMO Vivek Sharma has decided to part ways with the company, after a seven-year long stint.

    Sharma took to LinkedIn to announce his decision, saying that his bond with Pidilite will last forever. “I have had fulfilling, learning and fun filled years at Pidilite and I want to express gratitude to my seniors, colleagues – present and past and the agency partners. To sharpen business building approach, brand creation, innovation and skills to navigate in the VUCA world, Pidilite is the place,” he wrote.

    Sharma has been a part of the industry for last 25 years and boasts a unique knowledge of business and brand development experience across FMCG, healthcare, lighting and consumer durables encompassing B2C, B2B and B2G. He had joined Pidilite in January 2015. 

    As Pidilite CMO, he was responsible for the corporate brand marketing planning and implementation across businesses, marketing talent management. Over the years, he also ensured continuous improvement in marketing processes like innovation and new product launch at the company.

    In his 25-year long career, Sharma has been associated with companies such as Philips, MIRC Electronics, Ogilvy Advertising and Cadbury Kraft (now Mondelez).

    His next move is still unknown.

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  • Lodestar UM CEO Nandini Dias moves on after 27 years

    Lodestar UM CEO Nandini Dias moves on after 27 years

    Mumbai: Lodestar UM CEO Nandini Dias has decided to move on from the agency, after being its CEO for close to a decade. She joined the group 27 years ago as a young media person and has since gone on to acquire the top positions.

    “I leave Lodestar UM in the hands of a strong, capable, and empowered team that has stayed vested and bonded with me for a long time,” Dias said. “In fact, almost all of the top 30 have been with me throughout my tenure as CEO – something that I am particularly proud of. So it was with a heavy heart that I had to break the news to them about my decision to move on. It is rare that one gets the opportunity to hand over the reins after an organisation’s best years, but this year was one of Lodestar UM’s finest.”

    “Over a dozen new businesses, over 20 international awards, Campaign’s Agency Of The Year – Silver, RECMA recognised it as the agency with highest Vitality and personally, my being recognised as the Media Agency CEO Leader Of The Year by the International Advertising Association (IAA) and feted by the Governor of Maharashtra. I couldn’t choose a greater milestone year in which to hand over the baton and go out on a high,” she further said.

    Over the years, Dias has been recognised with numerous honours by several bodies – starting with being the Media Planner of the Year in 1998 to going on to be the Media CEO of the Year on various platforms in 2016, 2017, 2018, and 2021. She’s also been recognised by platforms like The World Leadership Congress and made it to The Times of India’s coveted list of Times Power Women, among others. She has also been on the Economic Times Most Influential list for several years now, one of the first woman leaders to make it there.

    While not having taken a decision on the future yet, Dias said, “I started out with a fledgling agency and am handing over the Media Agency of the Year as I move on. So I am looking forward to taking a well-earned break for the first time in my life and am excited to see how things will unfurl.”

    In 2018, Dias piloted a pan-industry citizens’ initiative – WorkToLiveToWork – that pushed a radical solution to save commuter lives on their way to work, for which she was awarded the prestigious ‘Gamechanger Of The Year’ award. She’s won over 100 awards at Asia-Pacific Spikes, Festival Of Media Global and APAC, Creative Media Award, several Cannes Lions and many, many local awards. It is widely believed that her focus on innovative solutions transformed the culture of Lodestar UM into an award-winning one which led to the company being one of the most respected media groups in the industry today.

    “Nandini has been my partner ally, and friend for 27 years,” Mediabrands CEO India Shashi Sinha said. “She has led from the front to build Lodestar UM ground up to make it what it is today.  A dynamic, vibrant top three agency in the country. Passion is what defines Nandini, whether it is creating business solutions, building strong media properties for her clients or making a difference to our society and communities or just bringing her teams together to celebrate a festival or a win, Nandini did it all with remarkable fervour. At a personal level, I will miss her terribly. But I have always believed that a good leader is defined not by what has been built but by what is left behind. Nandini leaves her indelible mark on Lodestar UM in the solid and hugely capable leadership team that she has nurtured and I can say with all confidence that they will only continue to build on her legacy.”

  • News Nation’s Abhay Ojha moves on

    News Nation’s Abhay Ojha moves on

    Mumbai: News Nation Network president of sales and marketing Abhay Ojha has put in his papers, sources close to the development told IndianTelevision.com on Monday.

    He has been associated with the company since June 2013.

    At News Nation, Ojha was responsible for managing revenue growth for the network across broadcast, event management and conclaves. He has diverse expertise across broadcast and digital in functions such as marketing, strategic planning, sales and leadership.

    Ojha is a broadcast industry veteran with more than 22 years of experience. His previous assignment was at TV9 Network as vice president of sales. Prior to that, he was with Reliance Broadcast Network as national sales head. He’s also had stints at Network18 Media and Investments and TV Today Network.

  • Ilker Ayci declines Tata Sons’ offer to be new Air India CEO

    Ilker Ayci declines Tata Sons’ offer to be new Air India CEO

    Mumbai: Former Turkish Airlines chairman Ilker Ayci has declined Air India’s MD and CEO offer, weeks after appointment. In a statement, Ayic said his appointment was ‘coloured’ by the Indian media, citing it as the reason to opt out.

    “I have come to the conclusion that it would not be a feasible or an honourable decision to accept the position in the shadow of such a narrative,” Ayci said in a statement on Tuesday.

    Ayci was seen as close to Turkish president Racep Tayyip Erdogan, a Pakistan ally. He used to be the personal advisor to Erdogan in 1994 and had served as the chairman of Turkish Airlines from 2015 till now.

    Former chairman of Turkish Airlines Ilker Ayci named Air India CEO

    Ayci said that at a recent meeting with Tata Group chairman Chadrasekaran, he ‘regretfully’ informed him that he will be declining the position.

    “As a business leader who has always prioritized professional credo and more importantly, the happiness and well being of my family above all else, I have come to the conclusion that it would not be a feasible or an honorable decision to accept the position in the shadow of such narrative,” he said.

  • BharatPe co-founder Ashneer Grover resigns as MD and CEO

    BharatPe co-founder Ashneer Grover resigns as MD and CEO

    Mumbai: Ashneer Grover, the co-founder of financial technology firm BaharatPe has resigned from the company’s board as managing director and chief executive officer on Tuesday.

    In his resignation letter, Grover said that he was forced to resign from the company by its investors.

    Grover, in his resignation letter, wrote, “I am being forced to bid adieu to a company of which I am a founder. I say with my head held high today this company stands as a leader in the fintech world. Since the beginning of 2022, unfortunately I have been embroiled in baseless and targeted attacks on me and my family by a few individuals who are ready not only to harm me and my reputation but also harm the reputation of the company, which ostensibly they are trying to protect.”

    “From being celebrated as the face of Indian entrepreneurship and an inspiration to the Indian youth to build their own businesses, I am now wasting myself fighting a long, lonely battle against my own investors and management. Unfortunately, in this battle, the management has lost of what is actually at stake – BharatPe,” he added in his letter.

    Grover’s resignation came a few days after he lost an arbitration that he had filed against the company’s investigation against him, with an emergency arbitrator held that there was no ground to stop governance review at the firm.

    Earlier in January, Grover went on a two-month leave of absence following allegations of using abusive language against Kotak Mahindra Bank staff and fraudulent practices, had filed an arbitration plea with the Singapore International Arbitration Centre (SIAC) claiming the company’s investigation against him was illegal.

    Last week, Madhuri Jain Grover, the former operations head of BharatPe and wife of Grover was fired from the company. 

  • Republic Media Network group CEO Vikas Khanchandani moves on

    Republic Media Network group CEO Vikas Khanchandani moves on

    Mumbai: Republic Media Network group chief executive officer Vikas Khanchandani has moved on from the media company after a five-year stint. 

    A media professional with over two decades of experience, Khanchandani started his media career at Star TV network. He also set up NDTV Media, the commercial arm of NDTV Group. 

    He later launched his independent venture AIDEM, a media services business. He had a brief stint with Reliance Broadcast Network before joining Republic Media Network in January 2017. 

    His next move is unknown.

  • Virginia Sharma moves on from JioSaavn

    Virginia Sharma moves on from JioSaavn

    Mumbai: JioSaavn vice president of brand solutions Virginia Sharma has decided to move on from the company after close to a two-year stint. 

    Prior to joining JioSaavn in May 2020, Sharma was employed with LinkedIn as sales director, marketing solutions.

    Based out of JioSaavn’s Gurgaon office, Sharma was spearheading the music streaming company’s global digital ad monetisation efforts across platforms. She was responsible for driving the adoption of JioSaavn’s innovative advertising solutions for brands while overseeing agency and client relationships.

    “Wrapping up an incredible 2 year journey at JioSaavn for Brands with a little victory dance! Today is my last day, and I am leaving feeling grateful and satisfied with my contributions to the team and our clients. We delivered double digit revenue growth throughout the pandemic and have built a world class full stack digital sales and customer success organization. Thank you to the founders of JioSaavn Vinodh B, Rishi Malhotra, and Paramdeep Singh for giving me this incredible opportunity!” Sharma wrote in the LinkedIn post.

    With over two decades of experience in sales and marketing, Sharma has worked in the US, Singapore, Japan and India. She has also worked with IBM for more than 15 years in various global and regional roles, including India vice president of marketing and communications before joining LinkedIn Asia Pacific in 2014.

    “Over the next few weeks, I will be investing in my mom’s recovery after her month-long hospital stay and preparing for my EFPM Doctoral Defense. More on my #nextplay in the coming weeks!” she further said in the same post, about her future plans.