Delshad Irani – Page 20

People don’t buy better. People buy different: Rajiv Bajaj

Bajaj highlighted three key milestones in the company’s journey, that is, technological advancement, global expansion, sustainability and green energy

“When it comes to a consumer business, it is about differentiation, differentiation and differentiation.”

TRAI extends deadline for comments on authorisation framework for broadcasting services

MIB has also highlighted certain issues that may be considered while formulating recommendations for digital radio broadcast policy.

The telecom authority’s consultation paper aims to streamline licensing and service rules across broadcasting services.

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

Zee Entertainment Enterprises Ltd (ZEEL) has reportedly sold its prime real estate asset in Hyderabad’s upscale Jubilee Hills area for Rs 99.3 crore.

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

Despite being "highly under monetized," the company has managed to grow at an extraordinary rate, recording a 6.3x year-over-year revenue increase.

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

The state commission, presided over by President Sushil Kumar and Member Sudha Upadhyay, stated that "WhatsApp is a service provider company" and its provision of services within India means it "cannot be said that this company is a foreign company and the consumer complaint against it is not maintainable." The ruling directly contradicts the district commission's view that WhatsApp users are not consumers of the platform.

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.

Author: Delshad Irani