Rohit Bansal, COO at Independent News Service Pvt. Ltd, which runs India TV, has stepped down. Bansal, who has worked at the firm for five years since 2004, has been active in the broadcast policy circles and was a familiar face at industry gatherings. Bansal confirmed the development. August 31 was his last day at the channel.
India TV was founded by journalist Rajat Sharma and is regularly ranked among the top three most viewed Hindi news channels. Its content often attracts controversy. More on the firm from a previous story here.
“I feel sad to be leaving behind a team that did such entrepreneural work. But life has to move on and it’s time to find a role that captures my existing skills with the knowledge I have acquired at HBS,” Bansal said. He recently attended a two-month advanced management programme at the Harvard Business School.
He declined to say what his next move was, but his LinkedIn profile says his current position is chief executive candidate at TBA (to be announced).
Bansal joined India TV in 2004 as editor, business and was named executive editor and managing editor before becoming COO in January 2008 with no editorial responsibilities. A week later, the company announced the departure of then CEO Chintamani Rao. The channel has not had a CEO since.
Prior to joining India TV, Bansal was the Delhi resident editor of The Financial Express. He has also worked as business editor at Zee News and helped set up Zee Business. He also helped set up two real estate companies for that group. Bansal has also worked at TV18 and The Times of India. He holds an undergraduate degree in History from St. Stephens College.