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Ashish Bagga resigns as India Today Group CEO
MUMBAI: After being with the company for 15 years, India Today Group CEO Ashish Bagga has decided to move on. The news of his resignation was communicated to the employees in an internal mail.
In the transition period, Bagga’s direct reportees will jointly report to Kalli Purie (group editorial director, broadcast and new media) and Dinesh Bhatia (group chief financial officer).
Bagga was responsible for forging strong relationships between the India Today Group and international media groups such as US-based Hearst Corp, Germany’s Axel Springer and Daily Mail of UK. He spearheaded the group’s foray into diversified multimedia play with e-commerce, transit retail and education besides direct-to-consumer and the digital business.
This was Bagga’s second stint with the organisation. He started his career with the India Today Group in 1983. During his first stint at India Today, he was responsible for launching Music Today, the video magazine on current affairs, Newstrack, and the four vernaculars editions—Hindi, Tamil, Telugu and Malayalam—of India Today. Bagga was the all-India marketing head of the India Today brands (which included India Today English, Computers Today, Target, Music Today, Newstrack, the four language editions and the International edition) when he left in 1991.
Between this two stints, he explored other aspects of media. He worked at IV cable-and-satellite venture Communications, Hindustan Times Group and Financial Times, London. Bagga rejoined India Today in 2001 as executive director and publisher (business group) of the India Today Group.
He has also headed the key industry bodies including News Broadcasters Association (NBA), Indian Newspaper Society (INS) and Association of Indian Magazines (AIM). He has an MBA from the Symbiosis Institute of Business Management.