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Sunday, October 30, 2011

Niira Radia Exits Communication Consultancy Business

In a surprise move, Niira Radia, owner and promoter of Vaishnavi Group which has mandate from Tata group and Mukesh Ambani-led Reliance Industries Limited, has announced her exit from the business of communication consultancy.

“To give precedence to my personal priorities of family and health, I have decided against renewing any client mandates and to exit the business of communications consultancy,” she said in a statement.

It is a painful decision, taken after much consideration and consultations, the statement added.

Radia had been in news related to 2G controversy in the recent past. She was in media glare last year when leaked tapes of her conversations appeared in the media. Although there was no charge against her, she was named as a witness by the investigating agency.

From: http://ping.fm/Lvt2L

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