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Hindujas plan to merge HITS with cable TV biz; Tony D’Silva to take charge
MUMBAI: Hinduja Group is planning to merge its proposed Headend-in-the-sky (HITS) business with its cable TV distribution outfit. Tony D’Silva will head both the businesses, a source in the company said.
D’Silva has replaced Ravi Mansukhani as the managing director of IndusInd Media and Communications Ltd (IMCL). Mansukhani has resigned from the company, the source added.
The HITS business is under Hinduja Group’s investment arm Grant Investrade, which had applied to the Information & Broadcasting ministry for a licence to operate HITS. The company’s HITS licence is still pending government approval.