MUMBAI: NewsX and its CEO Vir Sanghvi today jointly announced their decision to terminate their professional working relationship with effect from 29 January.

The announcement confirms news put out by Indiantelevision.com on 25 January.

Indrani Mukerjea, chairperson, INX News Pvt Ltd, said, "I wish Vir well in his future endeavours. NewsX is on target for a speedy launch, and we will announce a new editorial head shortly."

Said Vir Sanghvi, "I hope that we can now put the rumours, leaks and plants of the last fortnight behind us as we have separated in an atmosphere of goodwill and amicability."