HT Media’s head of Internet, mobile strategy and technology, Piyush Shah has put in his papers, reports exchange4media. As per sources, he might either start his own online venture, or join an Internet company. What’s not clear is whether he intends to stay in India, or return to the US. Shah had joined HT in November last year. He’s an MBA from Wharton, and has been Director, Consumer Internet Strategy for Microsoft, a consultant with Salesforce.com. His e-commerce software consultancy, Leverage, was acquired by Diamond Technology Partners in November 1999. Shah is also a member of the Indian Angel Network.

This comes shortly after Sandip Ghose, VP (New Initiative) for HT Media had resigned.

Update: Prashant, in the comments to this post, makes an interesting point: “First ABP, Now HT, it seems Old media houses have a hard time adjusting with new media guys.” To be fair, it could also be the other way round.