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Go4i.com to keep going -- Promoters
Following the resignation of go4i.com CEO Piyush Gupta, The Hindustan Times, who along with Chase Capital hold 80 per cent equity in the company, have confirmed that the promoters stay committed to the venture. Mr Priyavrat Bhartia, a director with go4i.com and with The Hindustan Times, reaffirmed support. "Our faith in the relevance and long-term viability of the Internet is unshaken. We will continue to work harder to leverage HT's strengths and capabilities in the interest of go4i.com. The CEO is departing for personal reasons, to return overseas.In the next few days we will announce the new CEO.'' go4i.com claims it has more than 300,000 registered users and about 10-12 million page views per month. The India portal was launched four months ago and claims that the company's first quarter revenues are ahead of projections. Copyright © 2000 Indian Express Newspapers (Bombay) Ltd.
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