iWorld
Deshpande appointed Network18’s non-exec director
MUMBAI: Eros International Group CEO and MD Jyoti Deshpande has been appointed as non-executive director of Network18 Media & Investments. The appointment was approved by the board of directors of Network18 at a board meeting today.
The board has also noted the resignation of KR Raja from the directorship of the company with effect from 21 March.
Deshpande, who is stepping down from her executive role after more than 17 years, will move on to head the media and entertainment (M&E) business at Reliance Industries Ltd (RIL) as president of the chairman’s office.
She will start her role at RIL from April 2018 but will continue to remain as a non-executive director on the board of Eros.
In her new role at RIL, in Deshpande will lead the company’s initiatives M&E to organically build and grow businesses around the content ecosystem such as broadcasting, films, sports, music, digital, gaming, animation as well as integrate RIL’s existing media investments such as Viacom18 and Balaji Telefilms with a view to build, scale and consolidate the fragmented $20 billion Indian M&E sector.
Deshpande has over 25 years of experience in media and entertainment across advertising, media consulting, television and film. She has been part of the leadership team of Eros International Plc since 2001 and as Group CEO & MD, she has spearheaded Eros’s growth as a global leader in Indian filmed entertainment.
Prior to joining Eros in 2001, Deshpande has worked for 7 years in the field of advertising, media consulting and television with companies such as J Walter Thompson India, Mindshare, Zee Television and B4U Television. Ms. Deshpande has a Bachelor’s Degree in Commerce and Economics from Mumbai University and a Master’s Degree in Business Administration (MBA) from SPJIMR, Mumbai University.
MUMBAI: Network 18 has announced Jyoti Deshpande as new non-executive director. The media professional with overall more than 25 years of experience in media and entertainment field worked as group CEO and MD of Eros International group earlier.
Network 18’s Board of Directors approved the decision on Wednesday. The resignation of KR Raja from the directorship of the company with effect from 21 March has been noted by the board too.
From next month, Deshpande will take up the responsibility in Reliance Industry Limited. She will lead the company’s initiatives M&E to organically build and grow businesses around the content ecosystem.
Prior to her role in Eros, J Walter Thompson India, Mindshare, Zee Television and B4U Television.
Though stepping down from her executive role after more than 17 years, Deshpande will continue to remain a non-executive director on the board of Eros.
Also Read:
Eros International inks co-production pact with Drishyam Films
Eros Digital ropes in former Google exec Ali Hussein as COO
iWorld
Tips Music CEO Hari Nair to step down
Girish Taurani and Sushant Dalmia to jointly steer the company as the hunt for a new chief begins
MUMBAI: A leadership shuffle is under way at Tips Music. Hari Nair, the company’s chief executive, will step down on April 30 as the music label begins the search for a successor.
The company said Girish Taurani, executive director, and Sushant Dalmia, chief financial officer, will jointly oversee operations during the transition while the board identifies a permanent replacement.
Nair joined Tips Music in 2023 and set about reshaping the veteran music label into a more digital, data-led enterprise. During his tenure, the company secured licensing and partnership deals with global platforms including Sony Music Publishing and TikTok, while renewing agreements with Warner Music Group.
Drawing on earlier experience in technology and entertainment, including a stint at ByteDance, Nair pushed the organisation towards a performance-driven culture. He built a brand partnerships division and introduced proprietary software systems aimed at strengthening digital distribution and data capabilities.
Kumar Taurani, chairman and managing director, credited Nair with embedding a data-led culture within the company and driving revenue growth in line with shareholder commitments.
In his resignation note, Nair said that after helping transition the label into a modern, digitally focused and process-driven organisation, the time had come to pursue his next leadership challenge.
The leadership change comes as the broader Tips Films group shows signs of financial stabilisation. In the third quarter of FY26 the company reported a net loss of Rs 2.86 crore, narrowing sharply from Rs 14.2 crore in the previous quarter. For the nine months ended December, losses stood at Rs 12.37 crore.
Yet revenue told a more volatile story. Income from operations slid to Rs 4 crore in Q3 FY26 from Rs 56 crore in the preceding quarter, taking total operating income to Rs 4.56 crore.
For a company built on a catalogue of more than 34,000 tracks and decades of Bollywood hits, the next chief will inherit both a digital engine and a volatile music market. The playlist may be familiar, but the next act at Tips Music is only just beginning.
