wordpress blog stats
Connect with us

Hi, what are you looking for?

Raghav Bahl Quits as Network18 MD; Network18 appoints new Board Members post RIL acquisition

RIL Network18

Raghav Bahl resigned today as the Managing Director of Network18, but will continue as a non-executive director on the board of the company, which he had founded. He has also relinquished all executive responsibilities related to TV18, and will continue as a non-executive director. Sanjay Roy Chaudhuri has resigned from the TV18 board.

Reliance Industries today announced that Independent Media Trust, of which RIL is the sole beneficiary, has completed the acquisition of control of Network 18 Media and Investments Limited and its subsidiary TV18 Broadcast Limited. Following this acquisition, IMT has appointed, apart from its own nominees, Deepak S Parekh and Adil Zainulbhai as Independent Directors.

Raghav Bahl, Ritu Kapur, Vandana Malik and Subhash Bahl will no longer be promoter group of the Network18 or TV18, which shall now comprise of RIL, IMT, RB Mediasoft Pvt Ltd, RB Media Holdings Pvt Ltd, Adventure Marketing Pvt Ltd, Watermark Infratech Pvt Ltd and RB Holding Pvt Ltd. Network18 will also, along with IMT, look to acquire shares of Infomedia under the open offer.

For more details on RIL’s acquisition of Network18, see our comprehensive timeline of events:

– How Reliance Industries acquired Network18: A detailed timeline of events

Advertisement. Scroll to continue reading.

– All of our Reliance-Network18 Coverage

P.s.: Probably not a good tie to mention this, but anyone remember the “18 till I die” campaign when TV18 was rebranded as Network18?

 

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

Due to the scale of regulatory and technical challenges, transparency reporting under the IT Rules has gotten off to a rocky start.

News

Here are possible reasons why Indians are not generating significant IAP revenues despite our download share crossing 30%.

News

This article addresses the legal and practical ambiguities in understanding the complex crypto ecosystem in India.

News

It is widely argued that the PDP Bill report seeks to discard the intermediary status of social media platforms but that may not be...

News

Looking at the definition of health data, it is difficult to verify whether health IDs are covered by the Bill.

You May Also Like

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...

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

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...

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