After Founders Roys, Some More Senior Executives Of NDTV Step Down

BENGALURU (Reuters) -New Delhi Television Ltd said on Friday that some more of its senior executives, including President Suparna Singh, had resigned, a move that comes less than a month after the took control of about 65% of the Indian broadcaster.

NDTV's chief strategy officer, Arijit Chatterjee, and chief technology and product officer, Kawaljit Singh Bedi, also quit, resignations that come after founders Prannoy Roy and Radhika Roy left the company's board in December.

That was also when the Roys sold most of their stake in to the Adani Group, giving the billionaire Gautam Adani-led conglomerates control of the broadcaster four months after it launched a takeover attempt.

made several failed times to block the takeover, citing regulatory restrictions on moving shares.

The ports-to-energy conglomerate's takeover had stoked fears over the freedom of the press among some journalists and led to Ravish Kumar, a senior executive editor at NDTV, resigning soon after Adani acquired its stake.

While announcing the latest set of resignations, NDTV, in a regulatory filing, said, "The company is in the process of putting up a new leadership team which will set a fresh strategic direction and goals for the company."

(Reporting by Chris Thomas in Bengaluru; Editing by Savio D'Souza)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

RECENT NEWS

Monzo Looks For US Banking License

Monzo is preparing a renewed push to secure a US banking licence, four years after abandoning its first attempt when tal... Read more

Crypto Firms Push Into US Banking

America’s cryptocurrency companies are scrambling to secure a foothold in the country’s traditional banking system, ... Read more

Parallel Banking: Stablecoins Are Now Global

Parallel Banking: How Stablecoins Are Building a New Global Payments SystemStablecoins—digital currencies pegged to tr... Read more

JPMorgan Deploys AI Chatbot To Revolutionize Research And Productivity

JPMorgan has deployed an AI-based research analyst chatbot to enhance productivity among its workforce, with approximate... Read more

Private Equity And Banks: The Complex Web Of Leverage

Private equity has emerged as a significant force in the global financial landscape, driving substantial growth and inve... Read more

Financial Watchdog Highlights Unresolved Vulnerabilities In Shadow Banking Sector

The world’s leading financial stability watchdog has issued a warning about the unresolved vulnerabilities within the ... Read more