Through all of yesterday, the news media has been abuzz with talk on the goings-on at Network18 and Television18, the holding companies of the slew of high profile news channels CNBC-TV18 and CNN-IBN in particular.

On Tuesday, Group CEO B Sai Kumar put in his papers followed by COO Ajay Chacko. Yesterday, there was news that CFO RDS Bawa had also quit. There were rumours that founder Raghav Bahl too was set to put in his papers, and Editor-in-Chief Rajdeep Sardesai may also be moving on, or at least going on a long leave starting June 1.