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Deshpande appointed Network18’s non-exec director

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MUMBAI: Eros International Group CEO and MD Jyoti Deshpande has been appointed as non-executive director of Network18 Media & Investments. The appointment was approved by the board of directors of Network18 at a board meeting today.

The board has also noted the resignation of KR Raja from the directorship of the company with effect from 21 March.

Deshpande, who is stepping down from her executive role after more than 17 years, will move on to head the media and entertainment (M&E) business at Reliance Industries Ltd (RIL) as president of the chairman’s office.

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She will start her role at RIL from April 2018 but will continue to remain as a non-executive director on the board of Eros.

In her new role at RIL, in Deshpande will lead the company’s initiatives M&E to organically build and grow businesses around the content ecosystem such as broadcasting, films, sports, music, digital, gaming, animation as well as integrate RIL’s existing media investments such as Viacom18 and Balaji Telefilms with a view to build, scale and consolidate the fragmented $20 billion Indian M&E sector.

Deshpande has over 25 years of experience in media and entertainment across advertising, media consulting, television and film. She has been part of the leadership team of Eros International Plc since 2001 and as Group CEO & MD, she has spearheaded Eros’s growth as a global leader in Indian filmed entertainment.

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Prior to joining Eros in 2001, Deshpande has worked for 7 years in the field of advertising, media consulting and television with companies such as J Walter Thompson India, Mindshare, Zee Television and B4U Television. Ms. Deshpande has a Bachelor’s Degree in Commerce and Economics from Mumbai University and a Master’s Degree in Business Administration (MBA) from SPJIMR, Mumbai University.

MUMBAI: Network 18 has announced Jyoti Deshpande as new non-executive director. The media professional with overall more than 25 years of experience in media and entertainment field worked as group CEO and MD of Eros International group earlier.

Network 18’s Board of Directors approved the decision on Wednesday. The resignation of KR Raja from the directorship of the company with effect from 21 March has been noted by the board too.

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From next month, Deshpande will take up the responsibility in Reliance Industry Limited. She will lead the company’s initiatives M&E to organically build and grow businesses around the content ecosystem.

Prior to her role in Eros, J Walter Thompson India, Mindshare, Zee Television and B4U Television. 

Though stepping down from her executive role after more than 17 years, Deshpande will continue to remain a non-executive director on the board of Eros.

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Also Read:

Eros International inks co-production pact with Drishyam Films

Eros Digital ropes in former Google exec Ali Hussein as COO

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Paisabazaar launches Credit Premier League 2.0

Nationwide campaign rewards highest credit scores with Rs 1 lakh top prize.

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MUMBAI: When credit scores become a national league, even your CIBIL report starts feeling like it’s playing in the IPL and Paisabazaar has just kicked off the second season. Paisabazaar, India’s leading marketplace for financial products and the country’s largest free credit score platform, has announced the return of the Credit Premier League (CPL) 2.0, a fun, nationwide initiative to recognise and reward individuals with the highest credit scores.

Building on the success of the first edition, CPL 2.0 introduces higher rewards and broader participation. The individual(s) with the highest credit score in the country will win Rs 1 lakh, while state champions will each receive Rs 10,000. Additionally, all participants from the winning state, the one with the highest average credit score will also be rewarded.

All winnings will be credited directly to winners’ PB Wallet, allowing them to pay credit card bills, recharge mobiles, or settle utility bills seamlessly on the Paisabazaar platform.

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Paisabazaar CEO Santosh Agarwal said the campaign aims to make credit awareness more engaging and mainstream. “With CPL, we are bringing together engagement, gamification and rewards to make conversations around credit scores more mainstream,” he noted. “Our focus remains on building a financially aware and credit-healthy Bharat.”

The first edition of CPL saw over 5.5 million participants, with the highest individual score touching 861. Delhi recorded the highest average credit score of 746.

Consumers can participate simply by checking their free credit score on the Paisabazaar platform or app. The CPL leaderboard and rankings will be available exclusively on the Paisabazaar App.

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In a country where financial dreams are serious business, Paisabazaar has found a smart way to turn credit scores into an exciting game – because when your financial health gets rewarded, everyone wants to play.

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