MUMBAI: Rajdeep Sardesai's new venture, in collaboration with TV 18 Group, will be called Broadcast News.

This new venture will launch television channels in the news and information space.
"The Indian news market is rapidly expanding and there is huge potential for new media properties in this space. We believe this venture is ideally positioned to exploit and leverage these opportunities, and we hope to have the support and the goodwill of the Indian viewers," says Sardesai in a media release.

Joining Sardesai in the new venture is also Sameer Manchanda, who was chief financial officer at NDTV. Sardesai, who was the managing editor, had put in his papers on 16 April while his last day was 18 April.