MAM
Future Media announces senior management structure
MUMBAI: Future Media, the media company of Future Group has announced a slew of management appointments with Madison’s Hemant Shah roped in as COO.
Among other senior level appointments, ex-Group M executive Anup Kotekar has joined as business director for audio visual medium which will involve business of television and radio in the retail properties. With prior experience at the Zee Group and The Times of India, V Jaishankar has been appointed business director for visual medium. Vishakha Singh will head the MaRCom function, having had previous experience at Times Now and CNBC.
Commenting on the new team, Future Media CEO Partho Dasgupta said, “The diversity in the team is to build in strengths. The changing landscape of consumerism will see all forms of traditional media interacting with the consumers in the ambience of consumption.”
Additionally, MTV’s Malvika Narayan, UTV’s Sunil Punjabi, along with Anish Shah, ex-Infomedia and Times group and Sharda Pillai, ex-Portland have come on board as senior sales team members, states an official release.
Future Media (India) Ltd. is a part of the Future Group, and is creating media properties which are visual, audio-visual (television and radio) and print, to engage and provide brands a medium to communicate to consumers. Future Media will have media vehicles across Future Group retail properties including Pantaloons, Big Bazaar, Food Bazaar and Central) and allied partners.
Brands
Tata Sons defers decision on chairman N Chandrasekaran’s third term
Term runs till 2027, but board differences are stalling extension talks
MUMBAI: Tata Sons has deferred a decision on whether to extend the tenure of its chairman, N Chandrasekaran, injecting fresh uncertainty into the leadership timeline of India’s largest conglomerate.
The board had last year cleared a third executive term for Chandrasekaran running until February 2027, when he turned 65. However, deliberations on any further extension were put on hold this week after differences emerged during a board meeting, CNBC-TV18 reported, citing people familiar with the matter.
The pause underscores internal strains as the group pushes through an aggressive investment cycle while grappling with uneven financial returns. The Economic Times reported that Chandrasekaran himself asked for discussions on his reappointment to be deferred after some directors raised concerns about mounting losses at several newer businesses.
Those concerns were led by Tata Trusts chairman Noel Tata, the principal shareholder of Tata Sons. Other board members countered that losses were expected in early-stage, capital-intensive ventures designed to secure the group’s long-term position.
Since taking charge in 2017, following the ouster of Cyrus Mistry, Chandrasekaran has driven a phase of expansion and consolidation. Over the past five years, the tata group has nearly doubled revenue and more than tripled net profit and market capitalisation, while committing about Rs 5.5 lakh crore to investments aimed at making the conglomerate “future fit”, according to its latest annual report.
Recent numbers, however, present a more mixed picture. Tata Sons reported a 24 per cent rise in revenue to Rs 5.92 lakh crore in fiscal 2025, while net profit fell 17 per cent to Rs 28,898 crore.
In its annual report, the company said the year opened with expectations of macroeconomic stability and easing inflation. That optimism faded as uncertainty over global trade policy intensified, complicating the operating environment.
For now, the question of leadership continuity at the apex of the Tata Group remains unresolved and closely watched by investors assessing the cost and conviction behind the conglomerate’s long-term bets.
