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Varshnei
was with Lintas for more than a decade before he joined the Living
Media group.
Asked
about the resignations of Das and Sagar, Varsgnei said: "Sorry,
I cannot comment on that."
Varshnei
took over the division in 2004, with Business Today and
Golf Digest as its only two products, but rapidly expanded
the portfolio of magazines.
He
identified new segments and, during the past three years, successfully
launched four new publications - Scientific American, Harvard
Business Review, Men's Health and BT More, which are
leading brands in their respective segments.
Varshnei
also negotiated a joint venture with Germany's Axel Springer Group,
to launch Auto Bild India.
Prior to the India Today Group, he was Executive Vice President
at Lintas India, where he spent 14 years working across the brands
of Unilever, Maruti Suzuki, Electrolux, Joyco, Wills Lifestyle
and Sony Ericsson, among others.
During
his tenure with Lintas, he also served as the Head of Insight
and oversaw the AOR media business for Bajaj Auto, Idea Cellular,
UTI, Pantaloon and Parley Agro.
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