Delshad Irani – storyboard18

ZEEL shares jumped 7% on Punit Goenka’s resignation as MD

Punit Goenka had asked ZEEL’s board to relieve him from the position of MD as he wants to ‘focus’ on the operational responsibilities as the chief executive officer.

Meta to challenge CCI fine and cease-and-desist directions in Whatsapp case

The Competition Commission of India (CCI) fined Meta Rs 213.14 crore on November 18 for abusing its dominant position in relation to WhatsApp’s 2021 privacy policy update.

Perplexity launches new AI-powered shopping assistant amid intense competition in Search

The US-based firm said it will be expanding the Perplexity shopping experience to new markets after its U.S. launch.

CCI slaps Rs 213 crore fine on Meta over WhatsApp privacy policy; bars data sharing for ads

CCI has also directed WhatsApp not to share user data collected on its platform with other Meta products or companies for advertising purposes for a period of five years.

ZEE leadership rejig: Punit Goenka resigns as MD, CFO Mukund Galgali will be deputy CEO

The Board said it remains confident in Punit Goenka’s abilities to drive a higher growth trajectory for the Company and achieve the enhanced targets in an operational capacity and hence has specified higher performance metrics for his 40% variable pay. If he achieves his targets more than 100%, he may get a higher variable pay, subject to a cap.

Punit Goenka to continue as CEO of ZEEL after relinquishing the position of managing director. Mukund Galgali has been elevated to the role of Deputy Chief Executive Officer.

BYJUs-BCCI case: Cricket board moves NCLT for settlement approval in embattled edtech’s insolvency case

The matter will be heard by the NCLT on November 19.

ZEE’s Punit Goenka to give up his MD role, asks board to relinquish him from the position

ZEE’s MD and CEO Punit Goenka wants to ‘dedicate’ his time for the future of the company and enhance its performance, according to the company.

ZEE board sets higher performance targets for MD and CEO Punit Goenka

ZEE’s board will track Punit Goenka’s performance based on enhanced targets, following his re-appointment as MD and CEO.

Disney Earnings Q4 2024: “Well positioned for growth and optimistic about our future,” says CEO Bob Iger

“This was a pivotal and successful year for The Walt Disney Company, and thanks to the significant progress we’ve made, we have emerged from a period of considerable challenges and disruption…” said Robert A. Iger, Chief Executive Officer, The Walt Disney Company.

EU fines Meta €797.72 million over abusive practices benefitting Facebook Marketplace

The Commission’s investigation found that Meta is dominant in the market for personal social networks, which is at least European Economic Area (‘EEA’) wide, as well as in the national markets for online display advertising on social media.