Hinduja Ventures Limited (HVL) is restructuring its media vertical in order to enhance synergy across its various media initiatives. To support this initiative, Rs. 300 crores are being invested in the media business.
Mr. Ravi Mansukhani, Managing Director of HVL’s flagship cable company, IndusInd Media & Communications Ltd. (IMCL), has expressed his desire to relinquish his services. The Board of Directors in their meeting held on 31st January 2014, accepted his request and thanked him for his services to the Company. To continue the emphasis on taking advantage of opportunities presented by digitisation in the cable business, the Board appointed Mr. Tony D’silva, currently President, Hinduja Ventures Limited as the Managing Director and CEO of IMCL with immediate effect and also approved certain other key management changes.
In order to consolidate all media initiatives of HVL, Mr. D’silva is being re-designated as Group CEO – Media of Hinduja Ventures Limited. As Group CEO – Media and MD & CEO of IMCL, Mr. D’silva will hold the responsibility to restructure entire media business and value creation.
Mr. Ravi Mansukhani, Managing Director of HVL’s flagship cable company, IndusInd Media & Communications Ltd. (IMCL), has expressed his desire to relinquish his services. The Board of Directors in their meeting held on 31st January 2014, accepted his request and thanked him for his services to the Company. To continue the emphasis on taking advantage of opportunities presented by digitisation in the cable business, the Board appointed Mr. Tony D’silva, currently President, Hinduja Ventures Limited as the Managing Director and CEO of IMCL with immediate effect and also approved certain other key management changes.
In order to consolidate all media initiatives of HVL, Mr. D’silva is being re-designated as Group CEO – Media of Hinduja Ventures Limited. As Group CEO – Media and MD & CEO of IMCL, Mr. D’silva will hold the responsibility to restructure entire media business and value creation.
