Broadband
Content providers criticize proposed EU broadcasting rules
MUMBAI: ITV, BT Group, Vodafone, Yahoo, Intel and Cisco are leading an alliance among the media and technology companies that have teamed to criticize proposed European Union broadcasting rules that they believe will restrict the growth of new media formats.
The European Commission is proposing that rules for traditional media be extended to new media, like content provided over broadband or mobile phones. Such regulations would include limits on hate speech, advertising and children-appropriate content.
The alliance takes up the issue of proposed legislation that calls for mobile content and IPTV programming to abide by the same rules as that on traditional broadcasters. The consortium maintains that these rules-including restrictions on advertising-would inhibit investment in multiplatform content.
“Citizen media such as blogs, videocasts and the like are one of the most exciting developments enabled by new technology,” the companies said in a statement. “This phenomenon has the potential to create new businesses … but this proposed regulation severely risks stunting its growth.”
The EU didn’t respond to the group, but has repeatedly insisted that they don’t intend to regulate the internet. It would need the support of the European Parliament and 25 member governments in order to be approved.
Broadband
Excitel Broadband names Varun Pasricha as chief executive officer
Former COO steps up to lead broadband firm’s next growth chapter
MUMBAI: Excitel Broadband has elevated its chief operating officer, Varun Pasricha, to the role of chief executive officer, handing the reins to a leader who has already spent nearly eight years shaping the company’s rise.
Pasricha joined Excitel in August 2018 and has since been instrumental in building what he describes as “the most loved broadband brand in the country”. Now, as chief executive officer, he is expected to steer the internet service provider through its next phase of expansion in an increasingly competitive home broadband market.
Before his tenure at Excitel, Pasricha held senior leadership roles at Zomato, where he led sales transformation and served as business head for partner growth across India and the UAE. He oversaw the shift in the company’s advertising model from fixed ad slots to performance driven engagement, migrating more than 7,000 paying clients globally while delivering a 20 per cent upsell on the portfolio.
Earlier, at G4S India, he was senior vice president for strategic business, managing a profit and loss portfolio exceeding Rs 1,000 crore. Over two years, he grew the business by around 50 per cent while improving margins through contract renegotiations and cross selling. He also worked closely with the leadership team as vice president for strategic projects, focusing on corporate strategy, restructuring, and new business launches, including entry into last mile logistics.
His career spans strategy and operations across sectors. At Max Healthcare, he was senior manager for business strategy, working on planning and joint venture rollouts in tier II cities. He co-founded Edventure Online, an education advisory venture aimed at helping students make informed career choices. At Indus Towers, he served as senior business manager in the central strategy team, helping convert the energy vertical from a cost centre into a profit engine.
Pasricha began his career at McKinsey & Company as an analyst, building the consulting toolkit that would underpin his later operating roles.
With a résumé that blends boardroom strategy and frontline execution, Pasricha’s appointment signals continuity with ambition. For Excitel, the message is clear: the company is betting on a leader who already knows where the cables run and where the next connections must be made.
