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Hiremath resigns from IndiaCast Media Distribution
MUMBAI: Distribution veteran Sanjev Hiremath has announced his resignation from his position as IndiaCast Media Distribution executive vice president. Indiacast media distribution, a strategic joint venture created by TV18 and Viacom18 was formed in May, last year, to create India‘s first multi-platform content asset monetization entity.
Prior to Indiacast, Hiremath had started digital and new media business for Viacom18, TV18 and ETV channels. He also had a role to play in setting up one of the early cable TV initiatives.
The veteran has been closely associated with the cable & satellite industry. He joined MTV networks as head ofnetwork development for India & South Asia, when it was launched in India in 1996. He was also instrumental in successful launch and distribution of several channels like Nickelodeon and VH1. Post the joint venture between Viacom and Network18 he oversaw the launch of Colors, Comedy Central and Sonic.
Announcing Sanjev‘s departure, IndiaCast Group CEO Anuj Gandhi said, “Sanjev has admirably led our new media and digital business over last one year or so and has put us on a path of high growth trajectory. He is an old friend and colleague and we will miss his expertise and knowledge in the cable and satellite industry. As he now ventures out, I wish him all the success in all his future endeavors.”
Hiremath, who resigned from his position in April, has not decided his further career plan. “I have not decided to join anywhere as yet. This industry has taught me a lot and so I have decided to continue with this industry itself. I want to work in both traditional and new media space,” said Hiremath while speaking to indiantelevision.com.
His last day in office is 30 June. Where will he go next? Well, we will have to wait and watch.
Applications
JioFinance rolls out multi-bank fixed deposit platform
Users can compare, invest and track fixed deposits across issuers in one place
MUMBAI: The JioFinance app has launched a unified platform allowing users to compare, invest in and track fixed deposits offered by multiple banks and non-banking financial companies, sharpening its push to become a one-stop destination for digital financial services.
The new feature aggregates fixed deposits from a range of issuers, including small finance banks and NBFCs, enabling customers to filter options by interest rate and tenure and complete the entire investment journey digitally.
Interest rates on the platform go up to 8.15 per cent per annum, with users able to view tenure, tax treatment, lock-in conditions and premature withdrawal terms before investing. Once booked, deposits can be monitored through a consolidated dashboard that tracks returns, maturity dates and renewal reminders.
Jio Finance Platform and Service Limited chief executive officer Surbhe S Sharma, said the offering addresses a long-standing pain point for savers, who often struggle to compare issuers and manage deposits spread across institutions.
Fixed deposits remain one of India’s most popular savings products, and the company is betting that transparency and ease of use will draw users seeking stable, low-risk returns.
The FD marketplace on the JioFinance app is powered by Blostem Fintech Private Limited, which operates as a business correspondent and technical service provider to partner banks and NBFCs.
