There has been a major reorganisation at Hinduja Group MSO INCableNet in its senior management structure. INCableNet president Rajiv Vyas now has sole operational charge of INCableNet and has been promoted to COO IndusInd Media & Communications Ltd (IMC). INCableNet is the operations arm of IMC.
Out of the equation are the two other power centres in INCableNet CEO Ram Hingorani and CFO S Vardhan. Both have been transferred to Hinduja House. Hingorani is now vice-chairman IMC in a non-executive capacity (he was executive V-C IMC before the restructuring), while Vardhan has returned to parent company HTMT as executive director. Vardhan has been replaced by Srinivas Pala.
Talk of internal feuding among these three has long been there in the industry and it may well have been to resolve this that the restructuring was done.