Media veteran Raghav Bahl has resigned as managing director of Quint Digital Media Ltd, the company informed the Bombay Stock Exchange on Wednesday. Further Mr. Raghav Bahl will continue to act as Non-Executive Promoter Director on the Board of the Company," the statement said. Quint Digital Media got listed on the BSE after Bahl acquired a controlling stake in a company called Gaurav Mercantiles and Quintillion Media’s digital news business was transferred to this company. Later, Bahl founded Quintillion Media with his wife Ritu Kapur and entered into a joint venture agreement with Bloomberg LP, the US financial, software, data and media company. Bahl had planned to start a business news channel with Bloomberg under Quintillion Business Media.

Source: Mint December 30, 2020 16:45 UTC