Akanksha Nagar – Page 11

Replacing WPP, IPG’s Initiative wins Volvo’s $500 mn global media account

WPP’s Mindshare was the 25-year incumbent of Volvo's $500 million media account.

In August, Storyboard18 reported auto major Volvo initiating a global media review.

Dubai Court refused to cancel Honasa Consumer trading license

On December 22, Dubai Court of Appeals rejected appeals filed by Honasa Consumer and its distributor RSM over respective grievances. Court ordered to attach assets of Honasa in UAE and refused to cancel trading license of its Dubai entity, while suspending the proceedings.

TDSAT refuses stay on TRAI’s tariff regulation, next hearing on Feb 6

Innovation in content delivery and packaging is essential to maintain pay TV’s foothold in the country, suggest experts.

In November, the Supreme Court rejected IBDF appeal challenging the TRAI tariff order and directed IBDF to approach TDSAT instead. The tariff order mandates free-to-air channels on DD Free Dish.

Flipkart, Amazon led e-com consumer complaints in FY24: Consumer Affairs Ministry

In FY24, Flipkart (with 1.6 lakh grievances) was followed by Amazon (with 58,875 grievances), according to the data shared by the Ministry of Consumer Affairs. (Image source: Moneycontrol)

Out of the total grievances (4.4 lakh) registered with the Ministry in fiscal 2024, Flipkart led with 1.6 lakh followed by Amazon and Meesho. Swiggy topped with 9,527 grievances among food delivery platforms followed by Zomato.

Regulating OTTs comes under purview of I&B ministry, says Jyotiraditya Scindia

Minister Scindia said that regulating OTTs comes under the domain of the Ministry of I&B.(Image source: News18)

Telcos including Bharti Airtel and Vodafone-Idea have requested the Communications Minister Jyotiraditya Scindia to bring OTT communication players under the regulatory fold and Telecom Act, in the recent past.

Radio players’ conservative bid in third batch of phase-III FM e-auctions

Maruti Suzuki India was the leading advertiser in 2024 followed by LIC of India. (Representational image by Alexey Ruban via Unsplash)

The third batch of phase-III FM e-auctions hasn’t found many enthusiastic participants because of high reserve prices and the 9-year long hiatus. Many radio players will likely limit spending to 10% of previous levels.

TRAI to discuss provisions for broadcasting services under Telecom Act on Dec 18

The Central Government will now review TRAI’s recommendations before finalising the regulations under the Telecommunications Act, 2023.

The Telecom Regulatory Authority of India will hold the open house discussion on ‘framework for service authorisations for provision of broadcasting services under the Telecom Act, 2023’ on December 18, followed by ‘regulatory framework for ground-based broadcasters’ on December 20.

Major telcos oppose mandatory registration or licensing of CDNs

TRAI is looking for Joint Advisors and a Senior Research Officer.

During the open house discussion, stakeholders urged TRAI to avoid imposing registration, licensing agreements, or requirements on Content Delivery Networks (CDNs).

HT Media, DB Corp, Malayala Manorama among applicants for FM Phase-III e-auction

Radio industry requested TRAI for subsidies, minimum costs for hardware upgradation, a phased transition, and the usage of existing spectrum to also do digital in a simulcast mode.

The I&B Ministry invited applications for the e-auction of Private FM Radio Phase-III channels in October 2024, where the last submission date was December 9. In 2015, the central government raised Rs 1,187 crore auctioning 91 FM stations across 54 towns in phase-III of private FM radio policy.