Update: Yesterday, we had asked Neeraj Roy about whether Hungama has purchased back Mobhani's shareholding in the company, given the potential conflict of interest since Airtel is a client for Hungama. Roy had declined comment. We were awaiting a response from Mobhani on the same, but none has been forthcoming, at the time of this update. Update: There's no official update from Airtel on Mobhani joining, and his designation; none is expected until Mobhani joins the company. Update: According to sources within Hungama, MD & CEO Neeraj Roy has sent out an email explaining Mobhani's move. We have received an anonymous copy of the said mail, but the veracity of the mail cannot be determined. According to the mail: Mobhani will be joining as "Head of Media and Entertainment Business" for Airtel, and Roy himself will oversee "the day to day operations of our mobile business, of course ably supported by the entire team spread across various cities and divisions." We've contacted Roy, and are awaiting a response. Other sources within Hungama have also confirmed Mobhani's move. Original Story: MediaNama has learned from reliable sources that Saleem Mobhani, the COO (Mobile) for Hungama Digital Media, will be joining Bharti Airtel as the CEO Head for Mobile Entertainment. The speculation has been rife about Mobhani's move to Airtel, and when we had contacted Krish Shankar, Head (HR) for Bharti Airtel, last week, he declined to comment, suggesting that we get in touch with Airtel Corporate Communications. We're still awaiting a response from Airtel Corpcom on…
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