News Broadcasting
Times Now celebrates richest Indians in the Middle East
MUMBAI: Times Now, India’s leading news channel felicitated 15 successful Indians in the Middle East, at the second edition of Arabian Indian Czars Award. The awards night was graced by Devendra Fadnavis, Hon. Chief Minister of Maharashtra, T.P. Seetharam, Hon. Indian Ambassador to the UAE, Sheikh Ahmad Bin Byat, CEO, Dubai Holdings, Anurag Bhushan and Hon. Consul General of India to UAE.
Hon. Chief Minister of Maharashtra and a delegation comprising teams from MMRDA, MADC and MIDC met officials in the UAE with regard to the “Make in India” initiative by the Government of India.
A total of fifteen awardees for the night were, B R Shetty, Chairman-NMC group, Dr Azad Moopen, Chairman-B M Healthcare, Dr Ravi Pillai, Chairman-Aarti Group of Companies, FerozAllana, Director at IFFCO, Harshad Mehta, Chairman-Seven Seas Diamonds, Micky Jagtiani, Chairman-Landmark Group, PNC Menon, Founder- Shobha Developers, Raghuvendra Kataria, Chairman-Kataria Holdings, Rizwan Sajan, Founder & Chairman-Danube, Nawab Shaji Ul Mulk, Founder & Chairman-Mulk Holdings, Sunny Varkey, Founder & Chairman-GEMS Education, Tony Jashanmal, Group Executive Director Jashanmal Group, Yusuffali M.A. Managing Director-Lulu Group, Dr. Shamsheer Vayalil, Managing Director of VPS Healthcare and Sunil Vaswani, Group Chairman, Stallion Group.
The prominent business tycoons were from, different sectors of Construction, Education, Engineering, Finance & Banking, Real Estate, FMCG, Retail, Jewellery, Telecom, Textile, Healthcare and Petroleum& Chemicals. On this occasion Hon’ble Chief Minister of Maharashtra Devendra Phadnis said ”Achieving Excellence requires continuous improvement and long term perseverance. A rare trait indeed. We firmly believe that individuals and organizations should lay emphasis on building institutions that value excellence and propriety. We are happy to be associated with Times Now and the ”Arabian Czar Platform” for recognizing Leaders across GCC who have built great companies and created value for all their stakeholders.”
Naveen Chandra, Head of International Business for Times Network said, ”Indians in most countries, they choose to adopt have achieved great success with their grit and perseverance. The rules of doing business in various countries don’t have a home advantage so it is doubly remarkable that they have achieved such heights of glory. This is our endeavor to recognize them and we hope to be able to expand the scope of these awards in the years ahead.”
News Broadcasting
BBC to cut up to 2,000 jobs in biggest overhaul in 15 years
Cost pressures and leadership change drive major workforce reduction plan
LONDON: BBC has unveiled plans to cut up to 2,000 jobs, roughly 10 per cent of its global workforce, in what marks its biggest downsizing in 15 years.
The announcement was made during an all-staff meeting led by interim director-general Rhodri Talfan Davies, as the broadcaster moves to tackle mounting financial pressures and reshape its operations.
Between 1,800 and 2,000 roles are expected to be eliminated from a workforce of around 21,500. The cuts form part of a broader plan to save £500 million over the next two years, aimed at offsetting rising costs, stagnating licence fee income and weaker commercial revenues.
In a communication to staff, BBC interim director-general Rhodri Talfan Davies said, “I know this creates real uncertainty, but we wanted to be open about the challenge,” acknowledging the impact the move would have across the organisation.
The restructuring comes at a time of leadership transition. Former director-general Tim Davie stepped down earlier this month, with Matt Brittin, a former Google executive, set to take over the role on May 18, 2026.
While some cost-cutting measures are being implemented immediately, the majority of the structural changes are expected to roll out over the next few years, with full savings targeted by the 2027–2028 financial year.
The broadcaster had earlier signalled its intent to reduce its cost base by around 10 per cent over a three-year period, warning of “difficult choices” as it adapts to shifting economic realities and audience expectations.
With operating costs hovering around £6 billion annually, the BBC’s latest move underscores the scale of the financial challenge it faces, as it balances public service commitments with the need for long-term sustainability in an increasingly competitive media landscape.
