MAM
Top level corporate shuffling at WorldSpace; Deepak Varma new MD
MUMBAI: WorldSpace India Private Ltd., the company that is running WorldSpace satellite radio in India, has appointed former IndusInd Media & Communications head Deepak Varma as its new managing director.
Varma takes on responsibility at WorldSpace India from KR Harish, who will continue with the organization, now assuming broader corporate financial responsibilities as the CFO of WorldSpace’s Asia operations.
Varma will head the Indian operations of WorldSpace and lead the company through its planned multi-market rollout mapped for year 2005. He will be based out of Bangalore.
In his new role as CFO of Asian operations, Harish will drive the financial processes, internal control implementations related to US Sarbanes-Oxley requirements as well as financial planning for India and the additional markets in Asia where WorldSpace will offer its services.
“Taking over responsibility from KR Harish, I look forward to take WorldSpace to the next level in its growth plans in the coming years. I have only one goal at WorldSpace – to deliver the best of satellite radio to the largest number of satisfied subscribers”, says Varma as he embarks on his new assignment.
This announcement comes as WorldSpace is pursuing a multi-metro launch of its Indian service. As already reported by indiantelevision.com, WorldSpace Radio is ramping up its operations with the launch of two more stations. Simultaneously, a new marketing and advertising campaign also will hit the market.
As part of its expansion plans, the company is getting into new markets this year apart from strengthening sales, distribution and customer support network in the existing centres. WorldSpace kicked off its operations in Hyderabad in the first week of April and the next phases will cover Mumbai, Delhi, Pune, Ahmedabad, Chandigarh and Kolkata.
Brands
Axis Bank named Official Banking Partner of DP World PGTI
Partnership supports all tournaments this season to grow professional golf in India.
MUMBAI: Axis Bank just teed up a hole-in-one partnership because when a bank sponsors golf’s biggest swing in India, even the fairways feel more financially secure. Axis Bank has been appointed Official Banking Partner of the DP World Professional Golf Tour of India (DP World PGTI), strengthening its commitment to sporting excellence and community engagement while backing the growth of professional golf across the country.
Under the partnership, Axis Bank will support all DP World PGTI tournaments this season, contributing to talent development, enhanced tournament experiences and wider fan engagement. The collaboration aligns the bank’s values of precision, discipline and trust with the Tour’s focus on performance and opportunity.
Axis Bank executive director Munish Sharda said, “We are pleased to partner with DP World PGTI as its Official Banking Partner. Golf embodies precision, discipline, and a pursuit of excellence qualities that strongly reflect who we are at Axis Bank. This association also strengthens our engagement with India’s growing premium customer segments, where the sport has a deep and enduring connect.”
Professional Golf Tour of India president Kapil Dev said, “We are extremely pleased to welcome Axis Bank as a Tour Partner of the DP World Professional Golf Tour of India. Partnerships of this stature play a vital role in strengthening the foundation of the Tour, enhancing opportunities for our players, and expanding the sport’s reach across the country.”
Professional Golf Tour of India CEO Amandeep Johl added, “Axis Bank’s strong legacy of excellence, innovation, and nationwide reach aligns perfectly with DP World PGTI’s goal to elevate professional golf in India and provide greater opportunities for our players.”
In a sport where every stroke counts and every partnership drives distance, Axis Bank isn’t just backing golfers, it’s investing in the fairway to future, turning India’s greens into a stage where precision meets passion and every drive has the power to inspire.
