MAM
Hindustan Media Ventures to invest in emerging companies across diverse sectors
MUMBAI: It’s getting hungry to foray into new areas. Hindustan Media Ventures Limited (HMVL) has announced strategic investments totalling over Rs 65 crore across four promising companies in sectors ranging from sexual wellness and sports to manufacturing and food technology. The move aims to leverage the company’s media assets while supporting the growth of these emerging businesses.
Investment Details:
Neema Consumer Global Pvt Ltd (“NotShy”)
HMVL will invest up to Rs 7.01 crore in NotShy, a direct-to-consumer (D2C) sexual wellness brand launched in July 2024. The company, which currently operates through its website and other marketplaces, previously conducted business through Neema Sales LLP. The investment will be in the form of equity shares or convertible preference shares, with the final shareholding determined upon conversion.
Atlanture Sports Pvt Ltd
An emerging sports and entertainment company offering sponsorship consulting, event management, and broadcast production services, Atlanture was incorporated in February 2020. HMVL has approved an investment of up to Rs 21.02 crore. The company recorded revenues of Rs 2.31 crore in FY23 and Rs 2.46 crore in FY24.
Lord’s Mark Industries Ltd (LMIL)
Founded in the late 1990s by Sachidanand Upadhyay, LMIL operates in sectors including MedTech, LED-Solar solutions, and paper manufacturing. HMVL has approved an investment of up to Rs 31.22 crore, acquiring 0.42 per cent equity in the initial tranche, with additional shareholding determined at the deal closure. LMIL reported a turnover of Rs 422 crore in FY24.
Cutting Edge Software Pvt Ltd (“EazyDiner”)
EazyDiner, a food-tech platform founded in 2014, helps users discover and book restaurant tables. HMVL, already holding a 0.64 per cent stake, will invest an additional Rs 6.01 crore to increase its equity by 0.30 per cent. The company posted revenues of Rs 66.49 crore in FY24.
MAM
Tata Communications CEO A S Lakshminarayanan retires
Seasoned leader hands over reins after guiding the company through key growth years.
MUMBAI: Tata Communications is turning a new page and this time, the chapter is being written by a fresh voice from the same trusted book. The company has announced the retirement of its managing director and chief executive officer, A S Lakshminarayanan, effective at the close of business on 13 April 2026. Lakshminarayanan’s departure marks the end of a significant chapter in the company’s leadership journey.
The board expressed appreciation for his contributions during his tenure, acknowledging the role he played in shaping the organisation. In January 2026, the board had already appointed Ganesh Lakshminarayanan as managing director and CEO (Designate), ensuring a smooth leadership transition.
Ganesh Lakshminarayanan brings over three decades of experience across domestic and global enterprises. He currently serves as Managing Director and Group Vice President at ServiceNow India, where he has focused on driving enterprise adoption of AI-led digital transformation and strengthening go-to-market capabilities. Prior to this, he led Bharti Airtel’s enterprise business as CEO of Airtel Business and earlier headed its Enterprise division. His career also includes roles as Chief Operating Officer at Capillary Technologies, along with advisory positions at Ernst & Young and Sequoia Capital.
The transition reflects Tata Communications’ focus on continuity while bringing in fresh perspectives to navigate the rapidly evolving digital infrastructure landscape.
In the fast-moving world of global communications, leadership changes are like well-timed signal switches necessary to keep the network strong and the journey smooth. As A S Lakshminarayanan steps down, Ganesh Lakshminarayanan steps up, ready to carry forward the legacy while steering the company into its next phase of growth.
