It appears that all is not well at INX News, and the last week has been a tough one for the group. Highly placed sources informed that the source of the problem was that the first channel from the entity, NewsX, had been “inordinately delayed”, and that this had led to fingers being pointed at INX News CEO Vir Sanghvi.
While INX News officials have refrained from giving a definitive launch deadline for the channel in the past, the first set of dates doing the rounds in media circles was November 2007, and then January 2008. However, it is learnt that much has to still be done even in terms of studios being set up and other such operational issues.
Sources informed that this delay had been used as a reason to question Sanghvi’s role, and that following this he was likely to part ways with INX News. However, when contacted on Sunday, January 13, 2008 evening, Sanghvi was in the midst of a senior editorial meeting at INX News with other officials, including Nick Pollard, Avirook Sen and others.
When asked if he was moving out from INX News, Sanghvi stated, “This is utter and complete nonsense. I have been appointed by the investors and the INX News Board to produce a world-class news channel, and I am going to do that.”
INX News Chairperson Indrani Mukerjea couldn’t be contacted at the time of filing the report. A recent senior level change was the appointment of Vynsley Fernandes as Chief Operating Officer of INX News, in addition to his role as Group Director-Network Operations, INX Media, in November 2007.