Sources within BCCL have confirmed the news to afaqs!.
Ravi Dhariwal, CEO, publishing, Bennett, Coleman and Company, is set to be replaced by Raj Jain, CEO, Bharti Retail, who is ex-president, Walmart India. Jain quit Bharti Walmart in June, 2013.
Sources within BCCL have confirmed the news to afaqs!. However, Jain's joining date is not known at the moment.
In his career so far, Dhariwal has worked for big-ticket brands like PepsiCo International (president of franchise for Southeast Asia), Hindustan Lever, Rexona Prop, Sydney and Pepsi Foods Industries.
He has also been non-executive director at Entertainment Network (India).
Jain, on the other hand, besides Walmart India, has worked at companies like HUL and Whirlpool India.