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Bloomberg UTV today announced that Govindraj Ethiraj, Editor-in –chief of the television channel will be joining the Government Special Project UIDAI and moving on from BloombergUTV.
Govindraj Ethiraj was one of the company’s founding members and has played a crucial role in establishing Bloomberg UTV’s operations in the country and growing it from the pilot stage in 2006 into one of India’s most dynamic English business news brands. Govindraj has been invited by Nandan Nilekani to be a part of the crucial UIDAI project being undertaken by the Government of India.
Speaking on this development, Ronnie Screwvala, UTV Group chairman & CEO said “ Since Bloomberg UTV’s inception, Govind has been one of the key catalysts in ensuring the genesis & birth of a new business entity and successfully navigating it though it’s pilot stage. His departure will be a loss for us, but we fully understand and support his decision to answer to a higher call of duty in being of service to our country. The strong leadership team that Govind has built on the editorial side will ensure that Bloomberg UTV is well set for its next stage of growth across television, internet & mobile. I wish Govind well in his new assignment.”
Speaking on his decision, Govindraj said ““I have always wanted to work on a project that reflected ambition and scale and, at the same time, helped understand my country and its real issues better. The UIDAI project gives me the opportunity to do that and work with an exciting and committed team led by Nandan Nilekani, Chairman, UIDAI. I thank UTV News and founder Ronnie Screwvala for allowing and indeed supporting me in my move me to take up this invitation. I think the team we have built together is the best and I am confident they will all take the channel to the next level . As founder employee of Bloomberg UTV, I will always look back with a sense of pride and achievement. And it’s a project and experience that will always remain close to my heart. I wish my colleagues all the very best in their efforts."
Govindraj will remain with Bloomberg UTV till the end of September 2010, working with the business leadership team at Bloomberg UTV to ensure a smooth transition.
India Infoline News Service / 09:04, Jan 22, 2015
The outlook is a flat start. The market will look to scale to new peaks though not much effort is needed for the same. HUL saw a rally and short-covering may have pulled it up further. Speculation is on that its parent will raise stake through an open offer. After the cooling in oil prices, Cairn results will be in focus.