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Exclusive: TBSL CEO Debashish Ghosh resigns; Satyan Gajwani to take interim charge

Debashish Ghosh, CEO of Times Business Solutions Limited
(TBSL), the online classifieds business of the Times of India group (BCCL), has
put in his papers at the company. According to numerous sources close to the
development, this was communicated internally within the company through an
email and Satyan Gajwani, CEO, Times Internet Limited (TIL) has taken the

Debashish Ghosh, CEO of Times Business Solutions Limited
(TBSL), the online classifieds business of the Times of India group (BCCL), has
put in his papers at the company. According to numerous sources close to the
development, this was communicated internally within the company through an
email and Satyan Gajwani, CEO, Times Internet Limited (TIL) has taken the
interim charge of TBSL. The company is also in the lookout for a replacement for
Ghosh.

It is also rumored that Ghosh will be joining Zee Group, but
we couldn’t confirm the details. Debashish Ghosh took over the charge of CEO of
TBSL from R. Sundar, the founding CEO of the company in February 2012.

Ghosh took full charge of TBSL on the 1st of
March 2012. Debashish Ghosh has been with the Times of India Group for 17 years,
and was associated as the Director Unified IT & Response at the group. He
has also been the CTO at Times Internet Ltd earlier.

TBSL operates recruitment portal TimesJobs.com, real estate
portal MagicBricks.com, matrimonial website SimplyMarry.com and Ads2Book.com which
serves as a service to print personal classified ads across media houses in the
country. New offerings from TBSL includes YoList.com – an online classified
solution, PeerPower.com, an exclusive senior professional networking site and
Brix Research – the knowledge wing of MagicBricks.com.

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