Raghav Bahl plans to increase stake in TV 18
New Delhi--Raghav Bahl, managing director and promoter of Television Eighteen Ltd, is planning to increase his personal shareholding in the company to at least 26 per cent, which will make him a strategic investor and give him additional powers on the board.
Bahl currently holds 24 per cent stake in the company.
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Pavan Bhatia resigns from Domino’s India
New Delhi-- Mr Pavan Bhatia, CEO of Domino’s India, has quit the pizza chain and is understood to have gone back to Australia.
Bhatia joined Domino’s India almost one and a half years ago and embarked upon a major expansion plan which saw the Michigan-based US pizza chain total up to 101 stores in India and six stores in Colombo.
Domino’s saw a number of tie-ups happening in his tenure, such as a tie-up with Indian Oil Corporation wherein the chain has the option of setting up take-away joints at IOC petrol pumps.
Among the factors that pushed the chain’s sales volume in the past eighteen months is that the company introduced Indian toppings in sync with the cultural milieu of the country, its prompt delivery service and the hunger helpline introduced mid-last year.
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