Shanth Kumar of Deccan Herald is new PTI Chairman; Someshwar of HT is Vice-Chairman
New Delhi (PTI): K.N. Shanth Kumar of The Printers (Mysore) Pvt. Ltd was on Friday elected Chairman of the Press Trust of India's Board of Directors for a one-year term.
Shanth Kumar's election took place at a meeting of PTI's Board of Directors following their Annual General Meeting at the news agency's headquarters in New Delhi.
The Board also elected Praveen Someshwar, the CEO of Hindustan Times, as the Vice-Chairman. Shanth Kumar replaces Aveek Sarkar, who served as Chairman for two consecutive terms.
"It is a privilege to be at the helm of PTI at a time when it is going through an exciting transformation, particularly after it recently launched the video service," said Shanth Kumar.
Shanth Kumar, 62, has been involved in the management of The Printers (Mysore) Pvt. Ltd in various roles since 1983. He was also Chairman of the Audit Bureau of Circulation(ABC), a member of the Executive Committee of the Indian Newspaper Society(INS) for more than 20 years. This is the second time that he is serving as the Chairman of the Board of PTI, the last time being 2013 to 2014.
"PTI is fortunate to have someone of Shanth Kumar's calibre at the helm. His understanding of the legacy newspaper business and the new-age digital news ecosystem will be of immense benefit to the news agency," said Vijay Joshi, PTI's CEO and Editor-in-Chief.
The Printers (Mysore) Pvt. Ltd publishes English daily Deccan Herald, Kannada language daily Prajavani, Sudha and Mayura newspapers from its headquarters in Bengaluru.
Shanth Kumar has a keen interest in sports and photography. He has covered several Olympic Games since 1988 as an accredited photographer, besides several other sporting events.
Someshwar is a veteran FMCG industry executive with a career spanning nearly three decades in planning and executing strategies. Before joining Hindustan Times, he led PepsiCo's business in the food and beverage sector across Asia. Previously based in Hong Kong, he managed all PepsiCo businesses across Asia, excluding China and India.
Press Trust of India is the country's largest and oldest private news agency. It was founded two weeks after Independence in 1947 by a group of newspapers, which also own it. The shareholders, however, receive no part of the company's profits, which go back towards the development and modernisation of the news agency.
Besides Shanth Kumar, Someshwar and Sarkar, the 16-member PTI Board also includes Vijay Kumar Chopra (Punjab Kesari), Vineet Jain (Times of India), N. Ravi (The Hindu), Viveck Goenka (the Express Group), Mahendra Mohan Gupta (Dainik Jagran), Riyad Mathew (Malayala Manorama), M.V. Shreyams Kumar (Mathrubhumi), Adimoolam (Dinamalar), Hormusji N. Cama (Bombay Samachar), eminent economist Prof. Deepak Nayyar, former Foreign Secretary and NSA Shivshankar Menon, veteran journalist and former Chairman of Business Standard T.N. Ninan and former Executive Director of Tata Sons Ltd. R. Gopalakrishnan.
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Cong takes swipe at PM over India not being part of US-led 'Pax Silica' grouping
New Delh (PTI) The Congress on Saturday said it is perhaps not very surprising that India is not part of a US-led strategic initiative to build a secure silicon supply chain, given the "sharp downturn" in the Trump-Modi ties, and asserted that it would have been to "our advantage if we had been part of this group".
Congress general secretary in charge of communications Jairam Ramesh took a swipe at Prime Minister Narendra Modi, saying the news of India not being part of the group comes after the PM had enthusiastically posted on social media about a telephone call with his "once-upon-a-time good friend and a recipient of many hugs in Ahmedabad, Houston, and Washington DC".
In a lengthy post on X, Ramesh said, "According to some news reports, the US has excluded India from a nine-nation initiative it has launched to reduce Chinese control on high-tech supply chains. The agreement is called Pax Silica, clearly as a counter to Pax Sinica. The nations included (for the moment at least) are the US, Japan, the Republic of Korea, Singapore, the Netherlands, the United Kingdom, Israel, the United Arab Emirates, and Australia."
"Given the sharp downturn in the Trump-Modi ties since May 10th, 2025, it is perhaps not very surprising that India has not been included. Undoubtedly, it would have been to our advantage if we had been part of this group."
"This news comes a day after the PM had enthusiastically posted on his telephone call with his once-upon-a-time good friend and a recipient of many hugs in Ahmedabad, Houston, and Washington DC," the Congress leader asserted.
The new US-led strategic initiative, rooted in deep cooperation with trusted allies, has been launched to build a secure and innovation-driven silicon supply chain.
According to the US State Department, the initiative called 'Pax Silica' aims to reduce coercive dependencies, protect the materials and capabilities foundational to artificial intelligence (AI), and ensure aligned nations can develop and deploy transformative technologies at scale.
The initiative includes Japan, South Korea, Singapore, the Netherlands, the United Kingdom, Israel, the United Arab Emirates, and Australia. With the exception of India, all other QUAD countries -- Japan, Australia and the US -- are part of the new initiative.
New Delhi will host the India-AI Impact Summit 2026 on February 19-20, focusing on the principles of 'People, Planet, and Progress'. The summit, announced by Prime Minister Narendra Modi at the France AI Action Summit, will be the first-ever global AI summit hosted in the Global South.
Prime Minister Modi and US President Trump on Thursday discussed ways to sustain momentum in the bilateral economic partnership in a phone conversation amid signs of the two sides inching closer to firming up a much-awaited trade deal.
The phone call between the two leaders came on a day Indian and American negotiators concluded two-day talks on the proposed bilateral trade agreement that is expected to provide relief to India from the Trump administration's whopping 50 per cent tariffs on Indian goods.
In a social media post, Modi had described the conversation as "warm and engaging".
"We reviewed the progress in our bilateral relations and discussed regional and international developments. India and the US will continue to work together for global peace, stability and prosperity," Modi had said without making any reference to trade ties.
