Partho Dasgupta, CEO, Future Media and Vishakha Singh, head, MaRCom, Future Media have both put in their papers. In a conversation with Campaign India, the two confirmed the development.
Campaign India also learns that Dasgupta (pictured) and Singh are starting a new venture in the communication area called Auroracomms Private Limited. However they declined to divulge details on the scope of activity of the new venture.
Speaking to Campaign India, Dasgupta said, "This is a great time to invest in the media business. We were mulling over this for some time now and finally decided to take the plunge. I look at the recessionary situation as an opportunity to create inventories delivering better values and leverage the benefits as and when the upturn takes place."