DEPT appoints David Neal as Global CFO

In his new role, David Neal will be based in London. He will leverage his extensive background to redefine the finance department as a strategic ally within DEPT, enhancing collaboration with other business units—especially Operations, and People & Culture. Neal will harness the potential of AI to transform financial processes, fostering a culture of relentless curiosity and innovation, stated the company in a statement.

In this role, David Neal will bring together the global finance and operations team, driving innovation and streamlining processes by positioning finance as a strategic partner to the business.

Amazon India’s Consumer Electronics Director Ranjit Babu quits

Babu started his career as a systems analyst at Pan Arab Reserach Center and then joined Nokia as sales manager where he was elevated as national key account manager. Then, he was appointed as vice president - operations at Karadi Tales Company, and then he joined Amazon, and from there, was appointed as category leader at Cloudtail India Private Limited.

This move comes amidst senior-level exits and organisational restructuring which is taking place at Amazon’s India operations.

‘Don’t want to go down the Byju’s path, want to stay afloat,’ Aakash tells NCLAT amid shareholding dispute

The company emphasised that the proposed change was necessary to raise capital without taking on more debt. Aakash's counsel stressed that this move was essential for the company's financial health, particularly as it had over 10,000 employees and 3 lakh students. (Image Source: Edufever.in)

The statement came as part of Aakash’s plea challenging the NCLT order, which had halted the company’s attempt to amend the AoA.

IPG acquires e-commerce intelligence platform, Intelligence Node

Intelligence Node will be leveraged across Interpublic’s portfolio of agencies and the company will maintain its current brand name.

Through Intelligence Node, IPG will aim to bolster its ability to maximize ROI for companies through faster, more informed decisions across product development, marketing, sales activation, and retail media.

AMUL’s MD Jayen Mehta gets a tenure extension for 5 years

In January 2023, Jayen Mehta succeeded Sodhi on an interim period, who had been leading the company since 2010. It was also stated last year that while Mehta would be a temporary replacement for RS Sodhi, a new MD would be announced in the next few months. (Image Source: Dairy Industries International)

Jayen Mehta’s tenure has been extended till 2029-2030.

InspiRAYtion 16 – The Blood Money Of Award Season

Major account wins of 2024. (Image Source: Unsplash)

Money is one of the most inspiring ideas there is. Have a lot of it in your life. Don’t let your growth be derailed by the toxic march towards industrialised award-ising. Be a round the year practitioner of great Advertising, you owe your talent and yourself that much, writes ad man Rayomand J Patell.

Storytelling holds the key in marketing success: Gaurav Ramdev, Protean eGov Technologies

"Time blocking is a game-changer. It helps me dedicate focused time to key tasks and ensures that I also carve out moments for creativity. I learnt that at Razorpay, start-up founders use that technique quite effectively," states Gaurav Ramdev, chief growth and marketing officer, Protean eGov Technologies.

Gaurav Ramdev, chief growth and marketing officer, Protean eGov Technologies, touches upon the work and life hack he swears by, his advice to avoid burnout on a personal and professional level, the books he is reading and why every experience is an opportunity to grow.