Category: Brand Makers

Parliamentary panel concerned about Walmart-backed PhonePe, Google Pay’s dominance in UPI market

The committee further added that fintech firms must be asked to generate awareness around safe transaction methods and bogus methods used by fraudsters to dupe people, through their app's interface in the form of creatives, pop-ups etc. (Image source: Unsplash)

Parliament’s Standing Committee also expressed deep concern on the “trust deficit” in India’s digital payment system, citing a loss of Rs 5,574 crore to cyber frauds in just six months between April and September of 2023.

For us, financial inclusion is enabling small merchants looking to go online: Razorpay’s Rahul Kothari

In the second part of Razorpay’s interview with Storyboard18, Rahul Kothari, chief operating officer, Razorpay, discusses how the company has been operating after the Reserve Bank of India lifted its ban on onboarding new customers, industry trends, advertising methods, and more.

In a wide-ranging chat, Rahul Kothari, Razorpay’s chief operating officer, discusses the company’s new campaign, the rationale behind choosing Gulshan Grover and Urvashi Dholakia for the ad film, key consumer trends in the fintech landscape, diversity in fintech and financial inclusion.

Paytm’s independent director Manju Agarwal resigns

At SBI, Manju Agarwal conceptualised and launched YONO, SBI’s digital bank, financial superstore and online marketplace. She led SBI’s partnership with Reliance Industries Ltd to set up Jio Payments Bank Ltd.

Manju Agarwal is also an independent director at Hinduja Leyland Finance, Vistaar Financial Services, IndiaIdeas.com, Gulf Oil Lubricants India, Polycab, Switch Mobility, CMS Infosytems and Glenmark Life.

FCB names Andrés Ordóñez as Global CCO; replacing Susan Credle, now IPG creative advisor

During his tenure at FCB Chicago, which started in 2019, the Columbia native Andres Ordóñez spearheaded initiatives that resulted in the addition of 40 new brands to the agency’s portfolio. His strategic leadership and ability to forge strong client relationships have been instrumental in positioning FCB as a creative powerhouse in the industry.

Andrés Ordóñez previously served as the Chief Creative Officer at FCB’s Chicago office.

Unilever’s Nitin Paranjpe to retire in mid-2024 after 37 years

"Few people have the same high and totally uncompromising standards of integrity that they have," Nitin Paranjpe stated, reflecting on his long professional relationship with Dhaval during their time at HUL and Unilever.

The chief people and transformation officer, Nitin Paranjpe, will retire by mid-2024.

RPSG Lifestyle Media to launch the US’s The Hollywood Reporter in India; Chairperson Avarna Jain shares plans

When asked how Indians are redefining luxury, Avarna Jain emphasizes that one key way they are doing so is by embracing their own heritage — no longer seeking validation from the West.

As the title gets set to launch in one of the world’s biggest film and entertainment markets, read Avarna Jain’s views on what The Hollywood Reporter (THR) will bring to the India market and what the Indian entertainment industry brings to the world.