MUMBAI: Rohit Bansal, one of the board of directors from the TV18 Broadcast Ltd has expressed his inability to continue with the company due to other commitments with effect from 1 May 2016. Bansal along with founder Raghav Bahl and others was appointed on board as an additional non-executive director on 14 January 2015.

Bansal was the managing director at India TV and has also been a part of The Times Of India as a senior business correspondent. Prior to that, he worked with Zee News as business editor. He has also worked at TV18 as special correspondent earlier, and has been a columnist at The Pioneer, Governance Now, DNA and IANS.

Reliance Industries Ltd (RIL), which controls Network18 Media and Investments Ltd also has ownership on channels like CNBC-TV18, CNN-News18, IBN7 and websites like Moneycontrol.com,  firstpost.com, etc.