How it Works – Page 241

TRAI releases consultation paper on ‘Digital Inclusion in the Era of Emerging Technologies’

Majority of the broadcasters and the members of the Indian Broadcasting and Digital Foundation (IBDF) oppose the TRAI's regulation requiring broadcasters to provide free channels on DD Free Dish to private distribution platform operators (DPOs).

In the consultation paper, TRAI has analysed various gaps in digital inclusion present in the country such as the mobile internet usage gap, rural urban internet penetration disparities, gender gaps in internet access, etc. as well as gaps identified from some global indices.

ZEE Case: SEBI told tribunal it sees red flags in transactions between Zee and Essel entities; hearing resumes today

GST authorities crack down on Zee Entertainment

The markets regulator SEBI has argued before the SAT that it sees significant red flags in the transactions between Zee and Essel entities.

Potential ad spend of around Rs 30,000-40,000 crore expected during this festive season

The film has been conceptualized by Havas Worldwide India. (Representative Image: Udayaditya Barua via Unsplash)

Sports will be a significant contributor to the higher ad spends as these events attract diverse and sizable audiences. Digital’s share in ad spends is expected to reach 56 percent in 2023.

From cricket fever to digital transformation: Media trends set to dominate H2 2023

SBI Life is one of the official partners for the BCCI Domestic and International Season 2023-2026. (Image sourced via X - @BCCI)

After a modest H1, India Inc. is expected to see momentum in brand and advertising growth, led by the ICC Men’s Cricket World Cup and other big-ticket properties on TV, coinciding with the peak festive season.

Tata Group’s market cap surpasses Rs 25 lakh crore

Tata Motors PV and CV posted a 22 percent year-on-year decline in net profit

After last years’ muted performance, shares of TCS have rallied as much as 16 percent from their April lows as valuation comfort in large IT names attracted investors attention.

Apple to produce iPhone 15 Plus from next quarter in India; imports to meet festive demand

This reduction can be attributed to the expansion of production in India and the remarkable growth in iPhone order allocation for Luxshare, coupled with advancements in production line automation. (Image source: Moneycontrol)

Apple aims to double its sales in India in the next quarter by offering the new iPhone models and price cuts on existing models.

Diageo, ESG Report: Women make 50 percent of the Executive Committee at the alcobev major

While speaking about Diageo's focus on two kinds of consumers - affluent and young, Damodaran says that affluent consumers desire unique products and personalized experiences, such as limited edition bottles while younger consumers are embracing cocktail culture, seeking a wide variety in terms of flavors and categories. (Image sourced from diageo_news via Twitter)

Diageo India released 2023 ESG Reporting Index highlighting progress across Society 2030 goals.

WhatsApp launches broadcast tool Channels in 150 countries; Mark Zuckerberg shared the news on his Channel

With Channels, WhatsApp’s goal is to build the most private broadcast service available. Channels are separate from chats, and who you choose to follow is not visible to other followers. It also protects the personal information of both admins and followers, the company said in a statement.

WhatsApp and BCCI partner to launch the Indian Cricket team’s channel ahead of the ICC Men’s World Cup.

Why is there a trust issue with Indian online holiday brands

A further 26 percent of respondents were put-off by a previous experience of subpar customer service during travel planning, that left them feeling unheard and unsupported. (Representative Image: Edgar via Unsplash)

According to a survey by social travel marketplace, Alike, 40 percent of respondents found the information on destinations, accommodations, or prices to be misleading, which erodes trust in online holiday brands.