Tag: Viveck Goenka

  • Sanmarg CMD Vivek Gupta assumes INS presidency for 2025–26

    Sanmarg CMD Vivek Gupta assumes INS presidency for 2025–26

    MUMBAI: Vivek Gupta has turned the page, and this time, it’s for the entire Indian newspaper industry. The managing director and chief group editor of Kolkata-based Hindi daily Sanmarg has been elected president of the Indian Newspaper Society (INS) for 2025–26, taking over from MV Shreyams Kumar of Mathrubhumi.

    The 86th annual general meeting, held on 25 September via video conferencing, also saw Karan Rajendra Darda of Lokmat elected deputy president, Tanmay Maheshwari of Amar Ujala as vice president, and Anant Nath of Grihshobhika as honorary treasurer. Mary Paul continues as the society’s secretary-general.

    INS, the apex body for newspaper, magazine, and periodical publishers in India, has been a barometer of the industry’s pulse for decades. Shreyams Kumar, in his presidential address, praised the resilience of India’s newspaper ecosystem, particularly in a rapidly digitalising world.

    Gupta, a former Rajya Sabha MP and current MLA from Jorasanko, expressed his humility and pride. “It is an honour to be among the few from Bengal in INS’s 86-year history to hold this prestigious position. This recognition belongs to the entire Sanmarg family, my colleagues, and well-wishers. I look forward to strengthening the newspaper industry, fostering innovation, and upholding credible journalism,” he said.

    The INS executive committee for 2025–26 reads like a who’s who of Indian publishing, including industry stalwarts like S Balasubramanian Adityan (Daily Thanthi), Vijay Kumar Chopra (Punjab Kesari), Viveck Goenka (The Indian Express), Mahendra Mohan Gupta (Dainik Jagran), and Mohit Jain (Economic Times).

    With India’s print industry still brimming with potential, Gupta’s leadership comes at a crucial time to balance tradition with modernity. As the sector navigates the hybrid world of print, digital, video, and social media, industry voices like INS will be pivotal in charting the future.

     

  • The tenth edition of Mercedes-Benz Classic Car Rally 2023 is to be held on 3 December

    The tenth edition of Mercedes-Benz Classic Car Rally 2023 is to be held on 3 December

    Mumbai: Mercedes-Benz India and Autocar India are all set to celebrate the landmark tenth anniversary of the iconic Mercedes Benz Classic Car Rally (MBCCR) on 3 December.  First organised by Autocar India in 2014, the rally has grown to become one of the world’s premier automotive events and revived and encouraged interest in vintage and classic Mercedes in India. The event will be held at the Taj Lands End, in Mumbai, and the participating cars will roll elegantly from the prestigious hotel to Worli Sea Face and back. The rally will be flagged off by Adv. Ashish Shelar – president BJP Mumbai, MLA Vandre West, chief whip Bhartiya Janata Party.

    Previous editions of the MBCCR have been lauded for bringing together the very best of classic  Mercedes in India, and this milestone year, the organizers have turned the celebrations up a notch. Over  75 Mercedes-Benz cars spread across 72 different models will be on display with nearly 50 per cent of the cars making their debuts or participating after a comprehensive restoration process.

    Among the star-studded lineup are classics such as the legendary 300SL roadster – the only one of its kind in the country – alongside every generation of the SL (including facelift variants). Expect to see a  host of debutants across the board such as the ultra-luxurious Grand Mercedes-Benz 600 ‘Grosser’. The iconic R129 SL, credited with kickstarting the Goa road trip culture with its appearance in 2001’s Dil  Chahta Hai, is also expected to be among the vehicles on show.

    “Ten years is a special landmark, and we’ve gone all out to put together a compelling show. While the  MBCCR has created a vibrant community of vintage and classic car collectors, I’m especially enthused by the number of debutants at the rally. Their participation is evidence of a movement that has gathered momentum,” said Perseus Bandrawalla, who has been curating the rally since its inception.

    As always, the MBCCR will see participation from across the country, and the participant list features some well-regarded names from the vintage and classic car collectors’ fraternity. These include publisher Viveck Goenka, industrialist Yohan Poonawala, His Himanshu Sinh of Gondal,  Pratap Sinh Gaekwad, Behram Dubash, Abbas Jasdanwala, and the Bhogilal family collection other highlights at the MBCCR 2023 will include classic generations coupes, and limousines; automotive legends such as the Pagoda California Coupe and 220SE Cabriolet, and rare delights such as Adenauer models, the 500K, and the Nürburg. 

  • Star India snaps up Screen; News Corp to acquire VCCircle

    Star India snaps up Screen; News Corp to acquire VCCircle

    MUMBAI: Its maw appears to be insatiable.  Close on the heels of acquiring Telugu network Maa Television for around Rs 700 crore-1000 crore (media reports place the transaction at Rs 2,000 crore though), Star India has now gone on to gobble up entertainment broadsheet Screen from the Indian Express group.  The 51-year old weekly, which was once a tremendous force to reckon with in the world of entertainment,  has been grappling to find a position with readers over the last decade.

     

    A Star India release says that the “acquisition will create a definitive multimedia film and entertainment franchise.”

     

    The deal allows it to exclusively own the Screen franchise, covering the weekly, and its Screen Awards,  all the archival material and key employees. Editor Priyanka Sinha Jha – who is wedded to film-maker turned author Piyush Jha – will continue to lead the Screen editorial team.

     

    Certain reports have indicated that Screen will stop coming out in its print avatar from next week and it will be integrated with its hotstar.com app which has been witnessing a lot of traction over the past few months with its programming fare of TV shows, and sports related content. Screen has a circulation of around 12,000 copies each week.  

     

    The value of the Screen deal has not been disclosed but estimates are that it could be anywhere between Rs 30 crore to Rs 50 crore.

     

    Says an excited Star India CEO Uday Shankar: “Screen is a strong and reputable franchise and gives us access to the entertainment editorial suite and the tinsel world, where news that shapes trends is made by film stars, directors and producers. The acquisition of Screen will allow us to strengthen and expand the content brand online while taking the awards platform to the next level. There are strong synergies and the combination of the quality content and awards franchise with Star’s presence across television and digital platforms is strategic and scalable.”

     

    The Screen acquisition could yield good results for Star India. The publication owns the premier Screen Awards which have been running for the past 21 years.  The televised version of the property churns out an estimated Rs 30 crore from sponsorship of its telecast and through syndication deals annually. But more than that it gives Star India another hook into the world of Indian cinema, which is riddled with star egos.

     

     

    Star India has in the past acquired the rights  of the Screen Awards for several years since 2000, but surrendered them to Colors for a year before snaring them for Life OK once again this year.

     

    “We are delighted to enter into a transaction with Star India. Screen is one of the most reputed film and entertainment properties in the country. We have built this business with lot of passion and are confident that Star will nurture it and take it to greater heights” said Indian Express group chairman and managing director Viveck Goenka. 

     

    Speaking on the transaction Indian Express CEO George Varghese: “Screen is one of our leading properties on the entertainment side of the business. Our decision was driven by our belief in Star’s focus to grow this business, which we believe would translate into adding value for all stakeholders including employees.”

     

    AZB Partners acted as legal advisors to Star India while BMR Advisors acted as sole financial advisors and BMR Legal acted as legal advisors to the Indian Express Group.

     

    This is not the first time Star India is biting its teeth into an online internet property. In 2001, it had acquired the portal indya.com from Mircoland promoter Pradeep Kar and other investors for Rs 48 crore. The transaction went nowhere and yielded little dividend as the group tried to make sense of the digital ecosystem. It was finally merged with Star India’s online presence as star.indya.com.

     

    Meanwhile News Corp – the sister company of Star India’s parent 21st Century Corp – annnounced earlier today that it has signed a definitive agreement ot acquire the VCCircle Network -consisting of  VCCircle.com, Techcircle.in, VCCEdge, VCCircle Training, in addition to a premium-content driven conference business. The terms of the deal were not disclosed but it was expected to close by this month end. The various verticals come under Mosaic Media Ventures with 100 employees across India and are headed by CEO and founder P.V. Sahad who will now become a part of the News Corp India team. He will report to  News Corp’s senior vice-president, strategy, Raju Narisetti. The VCCircle acquisition is estimated to be in the vicinity of Rs 60 crore.

     

    In November 2014, News Corp had announced the acquisition of Proptiger – a residential real estate platform, and followed that up with an announcement to take over BigDecisions.com  in December 2014.

  • Shekhar Gupta moves to India Today, Raj Kamal Jha is new editor of Express Group

    Shekhar Gupta moves to India Today, Raj Kamal Jha is new editor of Express Group

    NEW DELHI: Shekhar Gupta has joined the India Today group as the vice chairman of the India Today Group (ITG) and editor-in-chief of all its news properties. These include all its news and business publications, news TV brands and all related news and business digital brands.

     

    Gupta, editor-in-chief of the Indian Express, had announced his resignation on 2 June through a farewell mail to the staff.

     

    Announcing the appointment, ITG chairman Aroon Purie said, “This is a homecoming for Shekhar. He joined India Today in 1983 and was here for 12 eventful years during which he was an outstanding journalist. Shekhar is by far the best reporters’ editor in Indian journalism today. Because of his fierce independence and integrity, he attracts and inspires the finest talent, and I look forward to him bringing an entire ecosystem of excellence on editorial as well as corporate platforms.”

     

    Gupta will also, in association with Purie, launch a series of unique new editorial products that will showcase, 24X7, the finest in investigative reporting and interpretative commentary.

     

    “At a personal level, our friendship has grown as we have bounced ideas off each other about the rapid changes in our business,” said Purie. “So Shekhar’s return is a moment of deep satisfaction and vindication of my belief, our shared belief, in the power of good journalism to help make sense of the noise rather than to add to it. Gupta has also promised to liberate me from day-to-day operations so that I can work to guide the Group into a future of great promise, growth and excitement.”

     

    “It’s a privilege to have the opportunity,” said Gupta, “to return to the India Today Group to work with Aroon and his fine teams and nurture the most trusted news brands. ITG, with its commitment to excellence and credibility, is best placed to meet the biggest challenge in our business today: to earn the trust and respect of our readers and viewers.”

     

    Gupta will report to Purie, and will be responsible for the editorial quality of all news and business brands. He will work closely with Group CEO Ashish Bagga and enable him to effectively grow readership and viewership profitably.

     

    Meanwhile, Raj Kamal Jha has been named chief editor of the Indian Express.

     

    In a decision just a day after Shekhar’s decision, chairman Viveck Goenka announced that Unni Rajen Shanker will take Jha’s place as editor. Until now, Unni was managing editor.

     

    Both Jha and Shanker joined the daily in 1996. Goenka said in a mail to the staff that Jha has brought to the newsroom creativity, clarity and depth, three qualities increasingly rare in our business. “Jha could not have a stronger partner in the newsroom than managing editor Unni Rajen Shanker,” he added.

     

    Jha will report to Goenka.

     

    In the mail, Goenka who is also MD of the Group said: “With much regret, I accept Shekhar Gupta’s resignation as editor-in-chief of The Indian Express. I truly appreciate his letter to all of us and I wish him the very best.”

     

    Shekhar leaves on June 15, just a year short of his 20 years here — another moment of transition in the long history of this great institution.

     

    When I chose him for the position of editor in 1995, I was taking no leap in the dark. I was absolutely convinced that Shekhar, then 38, was the best person to guide this newspaper into the future. And I feel more than vindicated today.

     

    So many news breaks (I have happily lost count) delivered by the finest reporters, editors, sub editors, designers and photographers, a team I am very proud of,  team which is the envy of every newspaper publisher: three International Press Institute Awards for Excellence in Journalism; the most questioning opinion section in the business and the most generous, too, given how it welcomes dissenting voices; a renewal of talent each year by the youngest and the brightest from our campuses – Shekhar leaves the newspaper stronger than ever.

     

    Key to each one of these achievements has been the consistently stellar work of the Express team under the leadership of editor Raj Kamal Jha. Raj’s leadership is grounded in his commitment to professional excellence and uncompromising integrity. He brings to the newsroom creativity, clarity and depth, three qualities increasingly rare in our business. This not only inspires his colleagues, it powers them to realise their best potential.

     

    Raj could not have a stronger partner in the newsroom than managing editor Unni Rajen Shanker.

     

    Unni has been a reporter, an editor, a resident editor (Mumbai) and editor of the Express News Service. He brings to his leadership a deep understanding of all the different roles in the changing newsroom and an unrivalled sense of fairness and empathy. It’s this that enables him attract the finest talent and then nurture them. Unni is one of the pillars of the Express.

     

    Since they joined in 1996, both have steered change and are, therefore, ideally placed to help guide the paper into the future. That is why, to facilitate a seamless transition, I am proud to repose my faith in them and redesignate them for their new roles.

     

    Raj will be chief editor and will report to me. Unni will be editor.

     

    I look forward to working closely with them. They will find me every bit as supportive as all their predecessors, including Shekhar did, as we plan and implement exciting new upgrades to all our news brands.

     

    There is work to do.

     

    We have witnessed a remarkable election and an even more remarkable victory that bring with it challenges for all of us in the news business whose mission is to question, to report, to interpret and to analyse.

     

    I firmly believe and, more so, given the changes in the media landscape, that these are challenges best suited for The Indian Express given how strongly independence and courage are wired in our genes. I believe that the present news media environment in India offers us an opportunity to rededicate ourselves to what we do best: faithful and courageous journalism. With all the shrill voices on TV, the paid news in print and the corporate funded or politician backed news organizations, The Indian Express must be the voice India can turn to and trust. Speaking truth to power is hard wired in the genes of our editorial teams. The “Express” commitment to this legacy, mine and that of the future generation, will certainly endure. The newsroom is and will be the most sacred space in our institution.

     

    I am committed to raising the bar and instilling a fresh new energy in our editorial teams. In addition to revamped content, I look forward to closely integrating all our news operating systems because our growth is now across platforms. This was evident last month, during Verdict 2014.

     

    We had print editions that were reported and produced to the finest standards and a digital edition that broke all our records with over 52 million page views, more than 100,000 active users for eight hours, a live video news stream from the Express newsroom, all of this making us among the five most visited news sites in the country.

     

    Looking ahead, that’s the road we take. Not only reporting the news first but also being the first to understand it and question its assumptions. This means better stories, better analyses, better pictures, better everything and ensuring that The Indian Express journalism of courage reaches the reader wherever she is, whenever she wants it, whichever device she wants to receive it on.

     

    Shekhar, whether he is at the Express or not, will always be a part of this journey. For, he leaves us with a sense of determination and purpose. And a wonderful tool-kit of ideas and values that we will use and keep adding to.

     

    Please join me in wishing him, once again, the best of luck as he scales what I am sure will be a new professional summit.

     

    And, Raj and Unni, let us  get to work. I wish you and your teams my very best.

     

    Best always,

     

    Viveck Goenka”

  • Shekhar Gupta steps down from managerial position of Indian Express

    Shekhar Gupta steps down from managerial position of Indian Express

    MUMBAI: Though, he did not officially hold the title of CEO, he will be giving up his position as managerial chief of the group while still staying as editorial chief. In a letter to his employees, he stated that the company was no longer in ‘crisis’ and it was time for him to step down.

     

    Indian Express chairman and MD Viveck Goenka will be assisted by a newly appointed CEO George Verghese to undertake operations. Gupta will be devoting more time to EXIMs, their media institute. He also mentioned in the letter that there is a need for a more structured and formally organised corporate leadership for the group.

     

    In 2009 he was awarded the Padma Bhushan for his contribution in the field of Journalism. He has a weekly column in the newspaper and hosts the interview based show ‘Walk the Talk’.