BCCL Refutes Times Group Sale Rumors Via Internal Memo
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BCCL Denies Times Group Sale Rumors: CEO Calls Claims "Unequivocally False"
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Storyboard•08-02-2026, 16:00
BCCL Denies Times Group Sale Rumors: CEO Calls Claims "Unequivocally False"
•Bennett, Coleman and Co Ltd (BCCL) issued an internal memo denying rumors of a potential sale of the Times of India Group.
•Sivakumar Sundaram, CEO and Executive Director of BCCL, stated that reports suggesting a sale were "entirely and unequivocally false."
•Sundaram emphasized that the group's stakeholders are fully committed to the institution and independent journalism.
•The clarification addresses widespread speculation fueled by social media and messaging platforms.
•Employees were cautioned against engaging with unverified information, with Sundaram reaffirming the company's commitment to fact-verified journalism.