ΒιΆΉΤΌΕΔ announces restructure to India operations
- Published
The ΒιΆΉΤΌΕΔ's offices in Mumbai and New Delhi were searched this year by tax authorities
The ΒιΆΉΤΌΕΔ is restructuring its operations in India to comply with the country's foreign investment rules.
Four employees will leave the ΒιΆΉΤΌΕΔ to form a wholly Indian-owned company, Collective Newsroom, containing the ΒιΆΉΤΌΕΔ's six Indian language services.
The broadcaster's English language newsgathering operation in India will remain with the ΒιΆΉΤΌΕΔ.
It follows an investigation this year which saw the ΒιΆΉΤΌΕΔ's India offices searched by tax authorities.
Foreign funding for digital news companies based in India was capped at 26% under new regulatory requirements.
The change effectively means any company publishing digital news content in the country must be majority-owned by Indian nationals.
Rupa Jha, currently the head of India at the ΒιΆΉΤΌΕΔ, will lead Collective Newsroom alongside Mukesh Sharma, Sanjoy Majumder and Sara Hassan.
Staff working in the six language services - ΒιΆΉΤΌΕΔ Gujarati, ΒιΆΉΤΌΕΔ Hindi, ΒιΆΉΤΌΕΔ Marathi, ΒιΆΉΤΌΕΔ Punjabi, ΒιΆΉΤΌΕΔ Tamil and ΒιΆΉΤΌΕΔ Telugu - will join the four in the new company, as will members of the ΒιΆΉΤΌΕΔ India YouTube channel in English.
"Audiences in India can be assured that the ΒιΆΉΤΌΕΔ's Indian language services and unique range of quality output will inform, educate and entertain audiences across our diverse and highly engaged country under the agreement between the ΒιΆΉΤΌΕΔ and Collective Newsroom," Ms Jha said.
The corporation came under scrutiny for alleged breaches of foreign direct investment rules shortly after its offices in Delhi and Mumbai were searched by tax authorities.
The searches in February came weeks after the broadcaster aired a documentary in the UK critical of Indian Prime Minister Narendra Modi.
At the time, the Indian government said the searches were lawful and the timing had nothing to do with the documentary, which was not aired in India.
More than 300 staff currently work across the ΒιΆΉΤΌΕΔ's services in India. The ΒιΆΉΤΌΕΔ first broadcast in Hindi in 1940.
Jonathan Munro, ΒιΆΉΤΌΕΔ News deputy CEO, said the ΒιΆΉΤΌΕΔ's presence in India was "steeped in a rich history" which would progress with the formation of Collective Newsroom.
- Published14 February 2023
