New Delhi: Real estate developer, Ansal Properties and Infrastructure Ltd (Ansal API) has terminated the memorandum of understanding the company had signed with the UAE-based Deeyar Development PSC for development of a real estate project, the company said in a filing with the Bombay Stock Exchange. The two companies had signed an agreement for an exclusive tie-up to develop a mixed-use township comprising residential, commercial, institutional and industrial properties in Uttar Pradesh. Deyaar was supposed to take 40% stake in the project. The agreement has been terminated a year after it was signed on 9 May.
BBC’s Mumbai office to oversee South Asia ops
New Delhi: BBC Global News, the international news division of the British Broadcasting Corporation (BBC), which includes BBC World Service (radio) and BBC World (television), has made India its first regional centre for the division outside the UK.
The company’s Mumbai office that till now managed BBC World News television for the country, will now also oversee the Global News operations across the South Asian region, which include countries such as Pakistan, Bangladesh, Sri Lanka and Nepal.
The division will be led by Richard Sambrook as director, and include Vaishali Sharma, head Marcomm, Dezma De Melo, head of audience insight and Sanjay Nazerali, controller marketing, communications and audiences. Nazerali was quoted in the release saying, “Apart from making great strides on a socio-economic and political level, India currently has one on the most dynamic media landscapes in the world. Our decision to make India the first regional centre for the Global News Division is in sync with our goals to be an important part of this landscape.” Priyanka Mehra