August 2023 – Page 37

Havas Worldwide onboards Kundan Joshee as managing partner and head – West and South

Kundan Joshee will be based in Mumbai and will report to Tarun Jha, chief executive officer, Havas Worldwide India.

In his new role, Kundan Joshee will oversee Havas Worldwide India’s West and South India operations, which handles some marquee clients including Citroën, Britannia The Laughing Cow, JBL, Celio, Tata CLiQ Luxury, among others.

50 Years of Hip Hop | Here’s all about this global ‘phenomenon’, its enduring impact on pop culture, India’s love affair and more

Gen Zers are tech-savvy, progressive, globally-connected, individualistic and radically inclusive, to mention just a few of their characteristics. (Representative Image: Joel Muniz via Unsplash)

Hip Hop’s influence on pop culture remains ever-present. From chart-topping songs to blockbuster movies and television shows, references to Hip Hop are ubiquitous. Notably, the genre has found its way into advertising campaigns, where brands use rap music and streetwear aesthetics to appeal to younger audiences, especially the GenZ.

MSMEs will no longer be able to survive in the face of the increased tax liability of 400-500 percent: AIGF

In the letter, Chandra alleged that hasty steps are being taken in the merger process and the SEBI investigations do not bother him as much as the timing of the new notice. (Image via Twitter)

E-Gaming Federation (EGF) and FIFS (Federation of Indian Fantasy Sports) said the burdensome increase in GST will set the Indian online gaming industry back several years.

Nykaa CMO Shalini Raghavan quits; Founder and CEO Falguni Nayar takes charge

Nykaa's founder and CEO Falguni Nayar stepped up to take direct oversight of the marketing function, given its criticality, as per the report. Shalini Raghavan was the CMO at L’Oréal India for around two years before she joined Nykaa.

Shalini Raghavan is among six executives who have resigned since April as per the company.

Nykaa’s marketing head among six executives to quit, CEO takes charge

In the June quarter, Nykaa's revenue from operations stood at Rs 1,746 crore

Among the key exits is the departure of Chief Marketing Officer, Shalini Raghavan, prompting Nykaa’s founder and CEO, Falguni Nayar, to assume direct oversight of this crucial function.

GST Council retains 28% tax on online gaming, review planned after six months

In the letter, Chandra alleged that hasty steps are being taken in the merger process and the SEBI investigations do not bother him as much as the timing of the new notice. (Image via Twitter)

While stakeholders had limited expectations of a tax rate change, they remained hopeful for possible revisions in the valuation methodology.

BCCI invites bids for media rights for international, domestic matches

There are back-to-back cricket tournaments during the festive period this year including the Asia Cup (August 30 to September 17) followed by the World Cup 2023 (October 5 to November 19) and brands want to capitalise on this.

The richest cricket board in the world states that it is inviting bids from reputed entities for acquiring the media rights for matches. The ITT will be available for purchase till August 25, 2023.

Family dispute at Jagran Prakashan: Guptas petition NCLT alleging minority shareholder oppression

The notice also said that the petition does not allege mismanagement within the company. (Representational image by Sasun Bughdaryan via Unsplash)

Chairman Mahendra Mohan Gupta and others filed the petition before the NCLT, Allahabad.

RMG platform Quizy, shuts down citing tax burden as the reason

Sugar Box had been reassuring its employees for months about receiving funds from ZEE, prompting them to stay on despite salary delays. (Representational image by Tim Mossholder via Unsplash)

The real money gaming platform shuts down citing tax burden reasons amid GST-related challenges. Founder Sachin Yadav announces the closure on LinkedIn.

Social media giant X seeks to challenge Indian court ruling on content removal

Reuters report points out that the company stresses the need for "discernible parameters" to be established regarding when an entire account is blocked, as opposed to merely removing a specific post. According to X, without such clarity, the government's power to censor content in the future remains unrestrained. (Image courtesy: (from left - News18)

The dispute between X and the Indian government began in July 2022 when the platform sought to overturn government orders demanding the removal of specific content. However, in June 2023, a court rejected X’s request and imposed a fine of Rs 5 million ($60,560).