UTV Software Communications closing down Delhi operations

UTV Software Communications closing down Delhi operations

UTV Software Communications has announced that they are cutting down their operating costs.

The company said that they are closing down their Delhi based office.

This move is likely to affect around 60 employees at UTV’s Delhi office who may now have to quit.

This Delhi based office was operating the company’s World Movies and UTV Movies television channels.

Ronnie Screwvala spoke about the new developments: “World Movies and UTV Movies, which are run entirely out of the Delhi/Noida office, will be consolidated within the Mumbai Broadcasting operations, which run Bindass & Bindass Movies. Of course, sales will continue to have a national presence, but this will result in the operations for World Movies and UTV Movies being moved out of our Noida office to operate from Mumbai within the next 3 months. Whilst some Delhi/Noida employees will be given the opportunity to relocate to Mumbai if they wish, this will unfortunately mean that several will exit our business at this stage, and we will be working closely with all of them to make their transition as smooth as possible.” He is the promoter of the company.