TV 18's national news ops break even in Q3
MUMBAI: The national news business of TV18 Broadcast has attained break-even status while losses continue to kick in
MUMBAI: HomeShop18, on-air and online retail brand, has appointed Rashmi Berry as its chief marketing officer.
Berry will be responsible for building and establishing ?HomeShop18? brand across the business verticals of TV, web and mobile.
HomeShop18 CEO and founder Sundeep Malhotra said, "We are excited to have Rashmi on board. Her rich marketing background and deep understanding of consumer behaviour will contribute immensely in further consolidating our brand and entrenching us deeper with our continuously expanding consumer base."
Berry added, "I am excited at the opportunity to further strengthen the HomeShop18 brand, a well established market leader in the TV home shopping space and one of the fastest growing e-commerce brands, since its launch last year. Virtual retail in India is going through an explosive phase of growth with increasing penetration, technology innovations, product range expansion & increasing competition. I look forward to the exciting journey as homeShop18 achieves leadership not only in market share, but also in mind share."
Prior to this, she was with HT Media Group, where she had launched Fever FM, an HT-Virgin Radio Collaboration and the news portal Hindustantimes.com. She subsequently moved as business head for Hindustantimes.com, Livehindustan.com and HT Mobile.
Berry comes in with over 18 years of strategic and operational experience in branding and marketing across industry verticals. Prior to joining HT Media Group, she had also worked with The India Today Group and Star India.
MUMBAI: Network18 Group?s online and on-air retail marketing and distribution venture HomeShop18 has made two key senior level appointments.
The company has roped in Dhruva Chandrie as COO and business head for TV shopping, while elevating Atrash Aman to COO and business head for m-commerce.
Chandrie has joined from Videocon Telecommunications where he was COO-retail. He has also worked with The Mobile Store, Next Retail India, Reliance Industries, Tata Finance and Tata Motors.
Before the promotion, Aman was director - marketing and strategy at Homeshop18. He had joined the company in March 2007 as VP -sales and marketing. Later he was promoted to director- marketing and sourcing. Prior to joining Homeshop18, he has also worked with Bharti Airtel and McCann Erickson.
MUMBAI: The Network18 Group has announced elevation of B Saikumar as its Group CEO. Saikumar, 37, replaces Haresh Chawla who recently quit.
In his new role, Saikumar will be responsible for the strategic and operational management of the Network18 Group. He would have direct responsibility of the Group?s News, Web, Publishing, Factual Entertainment and allied businesses which would include the IBN General News Network, CNBC TV18/ Awaaz Business News Network, Web18, Yellow Pages, Forbes India, AETN18 and the niche magazine stable among others.
Saikumar will also shortly be joining the Boards of Viacom18 and HomeShop18. The current CEOs and Management Teams of Viacom18 and HomeShop18 will continue to report to their respective Boards.
The company said that Network18 founder and editor Raghav Bahl is expected to step up engagement with the management teams of Viacom18 and HomeShop18 and Saikumar will be working closely with him on both of these businesses.
Bahl said, ?Haresh has led Network18 with extraordinary distinction in the first phase of our growth and identity. Now, as we gear up for our most ambitious phase yet, I am convinced that Sai (or ?B Saikumar? as the world knows him, formally) has the inclusive skills and mature leadership that are needed to get us there - he has our best wishes and our wholehearted support.?
Prior to this development, Saikumar was serving as Group COO and was responsible for leading management teams across Group companies apart from being a core member of Network18?s Business Strategy Team. Through his decade long stint, he has been responsible for providing ?operational leadership? and enabling ?stellar organic growth across the Group?s market leading brands?, the company said.
He has also played an integral role in the various inorganic forays of the Group across businesses.
Chawla said, ?I am absolutely delighted to handover the mantle to Sai, who has worked very closely with me for over a decade, as we built the Network18 franchise. He has seen the Network grow from its very early days across various businesses, which has given him a width of experience that is tough to find in the media business. He is an accomplished leader and a true people?s person and I have no doubt that he?ll take the legacy forward to even greater heights. I will always be available to him as a friend and mentor and wish him success.?
Saikumar added, ?It?s an honour to lead this world-beating team at Network18. The next phase of growth promises to be exciting and I look forward to it. Building upon the inspiring legacy left behind by Haresh, we have some very ambitious dreams for the future and we intend to see each one of them fulfilled.?
Saikumar will be reporting into Bahl in this new capacity. Prior to joining the Network18 Group in 2000, Saikumar was with the Times of India Group, where he worked with Times Music and Times FM.
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