Times Internet Limited (Indiatimes*) has appointed Joy Basu as Chief Financial Officer. According to the company, Basu will be managing finance, focusing on creating business-centric verticals and will also make financial investments in other companies.
Basu has an experience of about 20 years in business strategy, capital raising and investor relationship management. Prior to this gig, Basu was working with iYogi at the same designation, and was part of the company’s Global Executive Management team. He had resigned from Rediff in 2009, where he was CFO. When he moved to iYogi from Rediff, we thought he’s going to take the company to an IPO. He has also worked with companies like Tata Tea , RPG Enterprises, and Sterlite Optical Technologies.
Last month, Indiatimes CEO, Rishi Khiani had put in his papers. Satyan Gajwani, until now the Director (New Media) at the Times of India group, will take over as the CEO of Indiatimes, following his move from the company.
Times Internet Limited (TIL) is an internet & mobile venture of the Times Group. It focuses on the Mobile-Internet convergence space. TIL runs diverse portals and websites, which include timesofindia.com, economictimes.com & navbharat.indiatimestimes.com. TIL’s content offerings varies across News, Cricket, Lifestyle, Infotech, Movies, Music, Broadband, Art, Fashion, Gaming, E-Mail, Blogs, Dating, Chat, Travel, Business Solution, Online Remittances and more.
*Disclosure: Indiatimes is an advertiser with MediaNama.