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Sony may look at IPO post-restructuring

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NEW DELHI: Sony Entertainment Television, part of the Japanese conglomerate Sony, is in a restructuring mode both in Singapore and India. Though company executives did not provide any specifics, media analysts feel this is a precursor to an initial public offer (IPO) in India, which may come some time in the second half of 2003.

“We are undergoing some restrucuturing both in Singapore and India as part of which the Indian operation has undergone work-related changes,” SET India CEO Kunal Dasgupta, told indiantelevision.com today in Delhi.

Asked to respond to the sentiment among media analysts that the changes in SET in Singapore and India may lead to an IPO in India, Dasgupta reluctantly admitted: “At some point of time we have to bring the two entities together for valuation purposes.” Dasgupta however, refused to divulge any further details.

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Bringing the Indian and Singapore operations under one company has to be done as the Singapore SET is the brodcasting company, while SET India is the marketing, ad sales and distribution company.

“Only merging the two entities will unlock the real valuation of Sony Entertainment if it wants to go in for an IPO,” a media analyst with a Delhi-based stock investment firm explained.

To a direct poser as to when SET would be going in for an IPO, Dasgupta said: “Speculations have been made in the media. But to this question I have no answers at the moment.”

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Still, informed industry sources based in Singapore indicated that SET may go in for an IPO in India after completing its restrucuturing which may take some time yet. 

Singapore-based sources also told indiantelevision.com that SET may “play a wait and watch game” to see the viewer and advertiser feedback from ICC-organised cricket matches and the next big show, the cricket World Cup in South Africa in March 2003.

As part of restrucuturing in SET India, the earlier system of everybody reporting to the CEO has been done away with. It has been replaced by decentralisation and accountability of work responsibilities. However, some divisions like the HR and the company’s CFO continue to report directly to the CEO. 

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Kamlesh Singh receives Haldi Ghati Award from MMCF

India Today Group editor honoured for three decades of journalism at Udaipur ceremony.

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MUMBAI- Kamlesh Singh just turned a lifetime of sharp words into a shiny shield because when journalism wakes up a society, even the Maharana of Mewar wants to pin a medal on it.

The Maharana of Mewar Charitable Foundation (MMCF) conferred its prestigious Haldi Ghati Award on Kamlesh Singh, a senior editor at the India Today Group, during a ceremony in Udaipur on 15 March 2026. The national award, instituted in 1981-82, recognises “work of permanent value that initiates an awakening in society through the medium of journalism.”

Singh, who leads several editorial initiatives including Aaj Tak Radio, the Teen Taal community and The Lallantop, was presented the honour by Lakshyaraj Singh Mewar, Managing Trustee of MMCF. The citation highlighted his three decades of contributions to Indian media, innovations in digital journalism, mentoring young reporters, and his popular podcast persona “Tau” on Teen Taal, which fosters thoughtful public discourse.

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The Haldi Ghati Award, named after the historic Battle of Haldighati symbolising valour and resilience, is one of four national awards given annually by MMCF. Past recipients include Tavleen Singh, Piyush Pandey and Raj Chengappa.

Other honourees this year included Padma Vibhushan Pt Hari Prasad Chaurasia, Vedamurti Devvrat Rekhe, Treeman of India Marimuthu Yoganathan, Vir Chakra Capt Rizwan Malik, and US-based researcher Molly Emma Aitken, who received the Colonel James Tod Award for contributions to understanding Mewar’s spirit and values.

In an era where headlines often shout louder than substance, the MMCF quietly reminded everyone that real journalism isn’t about noise, it’s about the quiet, persistent work that stirs society awake, one thoughtful story at a time.

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