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Television Eighteen India Ltd (TV18), is reorganising its operations and plans to retain office space only in the three metros of Mumbai, Delhi and Bangalore.
According to Haresh Chawla, CEO, TV18, the effort was to maximise resource utilisation. Chawla said the company was in the process of expanding its news gathering operations to other cities in the country while at the same time doing away with office establishments unless absolutely necessary. As part of this "operational realignment" the Chennai and Kolkata offices would be closed, he said. Content providers would continue to be based in two the cities but will operate on a retainer basis. Justifying the decision, Chawla said this would allow for people to be stationed in more cities.
Chawla said news gathering operations would be expanded to Ahmedabad and then Hyderabad within the next quarter. TV18 is also in the process of identifying other news centres in the country but no firm decisions have been made as yet on where these will be located and when they become operative.
