Author: Akanksha Nagar

Apple to cross $400 billion revenue mark in 2024 with new launches

It is to be noted that services segment of Apple, which is touted as the growth engine for the company, reportedly saw a job cut of about 100 jobs in its digital services group. (Representative Image: Laurenz Heymann via Unsplash)

Apple’s revenues are expected to reach a record high in 2024, where the growth will be driven by both hardware (3% YoY) and services (14% YoY).

TRAI to soon release recommendations on regulating OTT apps under Telecom Act: Exclusive

The overall tele-density in India also dropped slightly, from 84.69 percent in September to 84.46 percent in October. (Image source: Unsplash)

Debate heats up in the industry over regulating OTT communication apps like WhatsApp, Telegram under the Telecom Act, 2023. TRAI held an open house on August 21, where the divide among the telcos and OTT apps remained evident.

Sony, Zee may seek partner to counter Disney/RIL merger threat: Karan Taurani

"In case Zee/Sony operate individually without any partner, there may be constant pressure on their profitability to match up to the might of RIL/Disney, as the latter has a big advantage of scale in the digital business, which is the future of M&E content," says Karan Taurani.

The failed merger between Sony and Zee, which would have created one of the largest entities in the M&E sector, now leaves the two media companies to compete against the potential Disney-RIL merged entity for TV broadcasting supremacy, highlights Karan Taurani, SVP at Elara Capital.

BREAKING: ZEE and Sony resolve all disputes over failed merger

The companies will also withdraw the respective Composite Schemes of Arrangement from the NCLT and inform the relevant regulatory authorities.

Zee Entertainment, Culver Max Entertainment, and Bangla Entertainment have reached an amicable settlement, resolving all disputes pertaining to merger cooperation agreement and scheme of arrangement

HUL slapped with Rs 962-crore tax demand for Rs 3,000-crore GSK deal

The board formed a committee of independent directors to explore various alternatives for the ice cream business and provide recommendations. These recommendations will be reviewed by both the Audit Committee and the Board.

Hindustan Unilever has has received a tax notice of Rs 962.75 crore, including an interest of Rs 329.33 crore.

Is India’s DPDP Act a Blueprint for Global Data Protection Standards?

Unlike the GDPR’s stringent restrictions, the DPDP Act offers flexibility by allowing the government to designate specific countries or territories as permissible for data transfers. This approach recognizes the geopolitical realities of data management while safeguarding national interests, says Piyush Mehta, Founder and CEO of Data Dynamics.

Drawing parallels with GDPR, Piyush Mehta, Founder and CEO of Data Dynamics, talks about how the Digital Personal Data Protection (DPDP) Act, once implemented, can soon become a global model, influencing the evolution of data protection standards in other jurisdictions.

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General entertainment channels’ ad volume dip 6% in H1 2024

During January-June 2024, a total of more than 3,300 brands were present on TV and 5 out of the top 10 brands were from Reckitt and 4 were from HUL, according to TAM data.

During H1 of both 2023 and 2024, Hindi GEC has been the leading genre for advertising with a 24% share of ad volumes, reveals TAM report.