MAM
Aidem Ventures, eBus Media float JV for India
MUMBAI: eBus Media Network and Aidem Ventures have formed a joint venture in India to offer a complete solution for digital distribution and management of television commercials (TVCs) to advertisers, agencies, media owners, content producers and broadcasters.
The new JV between the two companies will be known as eBus-Aidem. Ajay Verma will be the chief executive of the new entity.
Verma has over 17 years of advertising & marketing experience, having worked with organisations like O&M, Draft-FCB, Redifussion, Y&R, Contract and Percept Hakuhodu and has been part of eBus startup operations in India.
eBUS is a Singapore-based company involved in video content management and distribution business for the media industry. Aidem Ventures is a media consulting, sales and marketing company.
Says Aidem director Kaushal Dalal, “We believe that the future is going to be tapeless and digital delivery of TVCs will be the norm. To this end, the solution that eBUS has to offer is truly excellent. The coming together of eBus and Aidem will not only add to the range of media related services that Aidem provides but will also help bring in the future much faster.”
In the new service, the advertiser has to send TVCs once and it is digitally delivered to the list of broadcasters as specified by the client/agency within six hours. Advertisers can also track the commercial going to broadcasters online and have access to commercials in different formats for their presentation on mobile, Internet, etc.
Averred eBUS Singapore CEO Carmine Masiello, “With the expansion and modernisation of the television industry, including digital and HD, we provide advertisers a much faster and convenient mode for delivering TVCs. Given the complexity of the Indian markets, we trust that partnering with Aidem will not only add the local expertise we need to promote our products and services but also go a long way in establishing eBus as the standard mode for delivering TVCs in this market space.”
For the broadcasters this will mean faster arrival of TVC‘s in digital quality, complete library management, no more handling of physical tapes or ingesting, thereby saving physical space, time, effort and money.
Said Aidem Ventures managing director Raj Nayak, “We believe this technology will be a game changer and goes with the company‘s vision to diversify into areas that is in synergy with our core business. Leading broadcasters have already started using the eBus technology and more are signing shortly. Many leading advertisers also have already signed up and are currently using and having the benefits of the eBus solution.”
Brands
LTTS CDO Narayanan Ramanathan steps down
Resignation effective 19 February, company cites personal reasons
CHENNAI: L&T Technology Services Limited announced the resignation of its chief delivery officer and senior management personnel Narayanan Ramanathan, marking a key leadership exit at the engineering services firm.
Ramanathan stepped down from his role, effective at the close of business on 19 February 2026, citing personal reasons. The company accepted the resignation the same day and duly filed all regulatory disclosures related to his cessation.
Based in Chennai, Ramanathan led LTTS’s Digital Products and Manufacturing Services (DPMS) business as a P&L head, overseeing multi-million-dollar operations and large-scale digital transformation programmes. His mandate covered Industry X.0, the Internet of Things, operational technology cybersecurity, robotics, cobots, digital twins, analytics and artificial intelligence.
He joined LTTS in 2018 and spent nearly eight years at the firm, holding several leadership roles before becoming chief delivery officer in November 2024. During his tenure, he worked closely with global capability centres to execute engineering-led digital strategies for international clients.
A technology industry veteran with over 27 years of experience, Ramanathan previously held senior leadership roles at Tech Mahindra, where he served as vice president and global head for connected engineering and analytics, and earlier led integrated engineering solutions across APAC and MEAI markets.
Ramanathan is also the first recipient of the International Galileo Master Award from the European Space Agency. LTTS said there is no additional information to disclose regarding board relationships following his resignation.
