BBC ex-staffers’ firm collective newsroom ropes in MSKA & Associates as statutory auditor

Collective Newsroom, a agency shaped by ex-BBC staffers to assist BBC India adjust to overseas direct funding (FDI) norms in digital information, has appointed CA agency MSKA & Associates as its first statutory auditor, the corporate’s regulatory filings present.

MSKA & Associates will audit the newly shaped firm’s annual accounts for FY24. Integrated on October 27, the New Delhi headquartered firm has two administrators, Rashi Sehgal and Prabhkirtan Singh Sehgal.

4 BBC workers members-Rupa Jha, Mukesh Sharma, Sanjoy Majumder, and Sara Hassan-left the corporate on December 12 and shaped Collective Newsroom to permit BBC World Service India to adjust to the 26% restrict on overseas possession in India.

ET had first reported that BBC World Service India is restructuring its shareholding to fulfill the overseas possession norms.

The BBC has given Collective Newsroom the duty of making digital content material in India, its six Indian language companies, and an English-language YouTube channel for Indian viewers throughout the globe. The BBC supplies content material in six Indian languages, together with Hindi, Marathi, Gujarati, Punjabi, Tamil, and Telugu.

In a press release this week, the 2 firms stated that the brand new association complies with the FDI regulation.Collective Newsroom has been established as an Indian firm, wholly owned by Indian residents, with 4 current workers members leaving BBC to guide the agency. Saying the formation of Collective Newsroom, BBC Information Deputy CEO Jonathan Munro stated that the brand new firm will carry ahead the BBC’s custom of serving audiences in India.