MxMIndia

Tag: D D Purkayastha

  • The elevation is effective today, January 2, 2019

    Avinash Pandey is now CEO, ABP News Network

    Avinash Pandey, CEO, ABP News Network

    By A Correspondent

     

    Avinash Pandey has been elevated as  Chief Executive Officer of ABP News Private Limited. The appointment is effective today (January 2, 2019.

    Pandey has been COO of the news organisation for the last five years and has been with ANN (earlier MCCS) since 2005, spearheading the revenue function and also essaying a key role in the expansion of the networ’s reach.

    Commenting on the appointment, D D Purkayastha, MD & CEO ABP Pvt Ltd said: “Avinash has rendered invaluable services during the past 13 years of tenure in the organization. Wishing him success in the new role.  We are proud of our success and look forward to the next chapter of growth under Avinash’s dynamic leadership.”

    Commenting on his appointment as CEO, Pandey said: “I am delighted and thankful to the Board of Directors of ANN for bestowing such faith in me. ABP News has been consistently setting benchmarks in the media and entertainment industry for innovation and growth in India, which is one of the world’s fastest growing markets. The convergence of telecom, media and technology is one of the major drivers of the industry and India’s media ecosystem has reached an inflection point. Am looking forward to taking the channels to the next level in these exciting times.”

  • Anurag Batra and Vikram Jhunjhunwala have bought the Businessworld business from ABP on behalf of some undisclosed investors, according to a communiqué issued

    ABP sells Businessworld to undisclosed investors

    By A Correspondent

     

    Anurag Batra

    Anurag Batra and Vikram Jhunjhunwala have bought the Businessworld business from ABP on behalf of some undisclosed investors, according to a communique issued by a PR agency representing Mr Batra.

     

    Mr D D Purkayastha, MD & CEO of ABP is quoted as saying: “We have divested Businessworld business. The brand and the publication will continue under the new owners with Prosenjit Datta as the Editor.”

     

    Prosenjit Datta

    Mr Prosenjit Datta, Editor Businessworld added: “I expect the magazine and the brand to scale newer heights.”

     

    Businessworld began publication in 1981 and is the second-oldest business magazine in the country. It has won many reporting awards in the past year and went fortnightly in February 2013 after nearly a decade as a weekly magazine.