MAM
IRS held in abeyance till 31 March, 2014
MUMBAI: The findings of the Indian Readership Survey (IRS) 2013 has been temporarily suspended. It was decided today when the Readership Studies Council of India (RSCI) and Media Research Users Council (MRUC) met to discuss the way forward for the IRS 2013 with all its stakeholders.
The IRS will be held in abeyance until 31 March, 2014, says the release issued by MRUC.
A process for re-validation of the study is being developed and shall be finalised by 24 February, 2014. The re-validation process will be completed by 31 March, 2014. Observations and recommendations arising from this process will be presented to RSCI by early April 2014. Once adopted, the recommendations will be formally incorporated into the future architecture of the IRS.
All subscribers and members will be immediately contacted by RSCI, MRUC and ABC to hold off usage of the study until the re-validation process is completed.
The move has come after 18 leading news publishers had questioned the findings of the survey earlier in the month.
Brands
Safex Group appoints Richa Malhotra as group chief financial officer
Former Standard Chartered executive to steer finance
NEW DELHI: Safex Chemicals has appointed Richa Malhotra as group chief financial officer, strengthening its leadership team as the company prepares for the next phase of expansion in specialty chemicals and global agrochemicals.
In her new role, Malhotra will lead the group’s financial strategy, capital architecture and governance framework as Safex scales operations across multiple verticals including branded formulations, specialty chemicals and contract manufacturing.
A chartered accountant and graduate of Shri Ram College of Commerce, University of Delhi, Malhotra brings more than two decades of experience in business finance, strategic planning, corporate banking and client management.
Before joining Safex, she served as executive director, financial markets at Standard Chartered, where she led teams across India and Sri Lanka and worked closely with large corporates, global subsidiaries and commercial banking clients. Her expertise includes capital structuring, treasury operations, risk management and financial markets led financing solutions.
Safex Group promoter director and joint managing director Piyush Jindal, said the appointment comes at a pivotal time for the company. “Safex stands at an inflection point as we build an integrated platform across branded formulations, specialty chemicals and contract manufacturing. Richa’s experience across global financial institutions will strengthen our financial discipline and help unlock value across the group,” he said.
Malhotra said she was looking forward to contributing to the company’s next chapter of growth. “Safex has built a strong reputation over 35 years with its focus on integrity, innovation and agricultural insight. I am excited to be part of the organisation as it expands its footprint in India and global markets,” she said.
The appointment comes as Safex continues to strengthen its financial foundations and scale operations internationally, positioning itself for future growth milestones.
