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The social media giant Facebook is up for finalizing its new head for the operations in India, and it is basically looking for Top media and FMCG executives. The interviews regarding the same are being taken up by the company’s vice-president for global marketing solutions David Fischer who is in the country for this purpose. A decision would be taken by him after reviewing and close examination. The sources convey that the shortlisted candidates included Hotstar CEO Ajit Mohan, Tata Sky MD Harit Nagpal, Star India MD Sanjay Gupta, and former Karnataka IT secretary Srivatsa Krishna, among others. The leading candidates among these are Hotstar and Tata Sky executives. The job description, for that matter, states that the new India leader will be responsible for Facebook's India ope...

Bharti Airtel Ltd is acquiring the Tata conglomerate consumer mobile business virtually free of charge in a deal that gives India’s top wireless player a major subscriber base boost, while stemming the bleed for Tata from a money-losing venture. Bharti Airtel will gain over 40 million customers from Tata Teleservices and a subsidiary along with airwaves the company's own on a “debt-free (and) cash-free” basis, according to a joint statement on Thursday, although Bharti Airtel will take on a “small portion” of Tata’s unpaid dues for its airwaves. India’s telecoms market, with 1.2 billion mobile subscribers, is in the midst of a wave of consolidation as smaller debt-laden players seek exits after overspending in airwave auctions. Small players and their larger rivals have also been ...

Tag: Tata Sky

Facebook on a Hunt for India Head

Bharti Airtel To Acquire Tata’s Money-Losing Mobile Unit For Nothing