wordpress blog stats
Connect with us

Hi, what are you looking for?

Forbes India Asks Top Editorial Team To Leave

The top editorial team of Forbes India – Editor Indrajit Gupta, Managing Editor Charles Assisi, Executive Editor Shishir Prasad and Director of Photography Dinesh Krishnan – were asked to leave the magazine on Monday and Tuesday, MediaNama learned from multiple sources within the magazine. From what we’ve heard from sources, this was largely down to issues relating to stock options given when Forbes India was founded, which vested after a four year time frame. However, speaking with MediaNama, Network18 COO Ajay Chacko said that this move was a part of the overall restructuring that happened when R. Jagannathan (Jaggi) who, after building FirstPost, took over as Editor-in-Chief of Network18’s Web & Publishing Division a couple of months ago. On the issues related to stock options, Chacko said that “There are going to be stories doing the rounds. There were always going to be some redundancies after Jaggi took over.”

At present, there is no editor at Forbes India, and the Forbes India editorial team is now directly reporting to Jagannathan. Assisi and Gupta did not take calls when we tried to contact them. Jagannathan, Forbes India CEO Gurmeet Singh and Shampa Kochhar, Group Head of HR of Network18 declined to comment for this story.

The deal between Forbes and the Network18 group to launch Forbes India was struck in December 2007, the editorial team, under Gupta, was put together in early 2008, and after rather long wait for approvals, the magazine was launched in May 2009.

Readers will note that, over the past couple of months, more and more content from Forbes India has been integrated with (or replicated on) FirstPost. The thinking in the group, it appears is that the focus going forward is mainly going to be on TV and Digital.

Forbes India has a noticeable news-making year last year – two issues in particular that we found noteworthy and led to commentary, allegations and consternation, as well as magazines being picked up from the newsstands, were the covers done on Flipkart and OnMobile.

Advertisement. Scroll to continue reading.

Updates: an earlier version of this post incorrectly stated Prasad’s designation as ‘Deputy Editor’ instead of ‘Executive Editor’. The error is regretted.

Written By

Founder @ MediaNama. TED Fellow. Asia21 Fellow @ Asia Society. Co-founder SaveTheInternet.in and Internet Freedom Foundation. Advisory board @ CyberBRICS

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

The DSCI's guidelines are patient-centric and act as a data privacy roadmap for healthcare service providers.

News

In this excerpt from the book, the authors focus on personal data and autocracies. One in particular – Russia.  Autocracies always prioritize information control...

News

By Jai Vipra, Senior Resident Fellow at Vidhi Centre for Legal Policy The use of new technology, including facial recognition technology (FRT) by police...

News

By Stella Joseph, Prakhil Mishra, and Yash Desai The Government of India circulated proposed amendments to the Consumer Protection (E-Commerce) Rules, 2020 (“E-Commerce Rules”) which...

News

By Rahul Rai and Shruti Aji Murali A little less than a year since their release, the Consumer Protection (E-commerce) Rules, 2020 is being amended....

You May Also Like

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ