Sandeep Bhargava, the chief executive officer and the investment advisor to The Indian Film Company (TIFC), a Network18 Company, has put in his papers and resigned from his current role. Haresh Chawla, (Group CEO – Network18 & Viacom18) will take interim charge of the operations.
Commenting on Bhargava's exit, Chawla, said “Over the last two years, Sandeep has made TIFC a successful business venture and we wish him luck in his future endeavors.” He further added, “Soon will start the next phase of our growth in the films business through TIFC and Studio18 and we shall share the details of that in time to come.”
The Indian Film Company is a specialist film investment company. TIFC uses the services of STUDIO 18, India's largest vertically integrated motion picture company, to distribute, exploit and market its bouquet of in-house productions, co-productions and acquisitions. Studio 18 is part of Viacom 18, a 50/50 joint venture set-up between Viacom and Network 18.