NEW DELHI: Times Now chief editor Rahul Shivshankar has bid farewell to the channel in what is believed a major overhaul at the Times Group as its owners effect a partition of its properties.
Shivshankar’s departure was confirmed by a senior member of the channel’s management, and his Twitter bio has been updated to reflect his tenure as the editor-in-chief of Times Now from 2016 to 2023.
In an internal email to staff, the channel’s human resources department announced Shivshankar’s decision to part ways with the network. Consequently, the channel’s operations will now be overseen by Navika Kumar, the group editor.
All content managers within the Times Now team will report to Kumar.
Shivshankar, who joined Times Now in 2016 after serving as the editor-in-chief of NewsX, was known for hosting the primetime show “Newshour”. With over two decades of experience in the news industry, Shivshankar has also worked with Headlines Today and India Today.
Notably, Shivshankar has reportedly left all of Times Now’s WhatsApp groups, including the editorial group, without prior announcement.
Shivshankar is yet to make any public comment on his exit.
Bennett, Coleman and Company Limited or The Times Group — which owns Times Now along and a number of other media offerings, is reportedly in process of a division of assets between owner brothers Samir Jain and Vineet Jain.
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As per reports, the brothers have entered discussions with financiers to secure funding to divide the sprawling media empire, which encompasses leading newspapers Times of India and The Economic Times, Mirror Now, Navbharat Times, India Times, MenXP etc.
The funds raised from the financiers would be utilized by the brother who assumes control of the newspaper publishing business, the largest in terms of revenue, to compensate the other brother after considering the distribution of other assets.
As a result of the asset division process, a major overhaul is expected at the top management and editorial teams across the Times Group.
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