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Vice Media India CEO Chanpreet Arora steps down

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MUMBAI: Vice Media India CEO Chanpreet Arora has stepped down from her position. The veteran, with more than 15 years of experience as a consultant and entrepreneur, joined the organisation in December 2017. Arora has now joined as Journalist Fellow in Reuters Institute for the Study of Journalism.

She launched the leading global youth brand VICE as a full-scale media company in India and worked in collaboration with some of the most innovative creative teams, brands and personalities.

As a business and strategy expert, Arora has helped redefine and restructure some of the most reputed entities in media, sports and digital in India and abroad.

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Arora had also served as head of revenue strategy and sales operations at Times Internet. Here, she set up the revenue strategy and sales operations division in 2016 and was a part of the core team that led the restructuring of the company.

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Tips Music CEO Hari Nair to step down

Girish Taurani and Sushant Dalmia to jointly steer the company as the hunt for a new chief begins

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MUMBAI: A leadership shuffle is under way at Tips Music. Hari Nair, the company’s chief executive, will step down on April 30 as the music label begins the search for a successor.

The company said Girish Taurani, executive director, and Sushant Dalmia, chief financial officer, will jointly oversee operations during the transition while the board identifies a permanent replacement.

Nair joined Tips Music in 2023 and set about reshaping the veteran music label into a more digital, data-led enterprise. During his tenure, the company secured licensing and partnership deals with global platforms including Sony Music Publishing and TikTok, while renewing agreements with Warner Music Group.

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Drawing on earlier experience in technology and entertainment, including a stint at ByteDance, Nair pushed the organisation towards a performance-driven culture. He built a brand partnerships division and introduced proprietary software systems aimed at strengthening digital distribution and data capabilities.

Kumar Taurani, chairman and managing director, credited Nair with embedding a data-led culture within the company and driving revenue growth in line with shareholder commitments.

In his resignation note, Nair said that after helping transition the label into a modern, digitally focused and process-driven organisation, the time had come to pursue his next leadership challenge.

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The leadership change comes as the broader Tips Films group shows signs of financial stabilisation. In the third quarter of FY26 the company reported a net loss of Rs 2.86 crore, narrowing sharply from Rs 14.2 crore in the previous quarter. For the nine months ended December, losses stood at Rs 12.37 crore.

Yet revenue told a more volatile story. Income from operations slid to Rs 4 crore in Q3 FY26 from Rs 56 crore in the preceding quarter, taking total operating income to Rs 4.56 crore.

For a company built on a catalogue of more than 34,000 tracks and decades of Bollywood hits, the next chief will inherit both a digital engine and a volatile music market. The playlist may be familiar, but the next act at Tips Music is only just beginning.

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