Month: January 2024

MC At Davos: Expect PM Modi to be re-elected, good for India and the world, says Martin Sorrell

The advertising guru added that amid the geopolitical issues involving the US and China, the Russia-Ukraine situation, and the intense conflict in the Middle East, India has emerged as the go-to market and an alternative to China in Asia. (Representative image via Twitter by @ForbesCMO)

Martin Sorrell, Executive Chairman of S4 Capital, said he remains bullish on India, emphasising that the country is well positioned and expected to become the world’s third largest economy by 2025.

Davos 2024 | India pushes women empowerment & gender equality through new global alliance to meet G20 commitments

The alliance has garnered support from global corporate houses like Mastercard, Uber, and Microsoft to domestic industry leaders like Tata, TVS, Godrej, and Serum Institute of India. It has also roped in over 10,000 partners from the industry through the Indian industry body Confederation of Indian Industry (CII). (Image source: CNBC-TV18)

A result of the G20 Leaders’ Declaration and India’s abiding commitment to the cause of women-led development, the “Alliance for Global Good – Gender Equity and Equality” will follow-up and build on activities of various G20 engagement groups including Business20 and Women20.

Does the advertising industry need a dose of its own medicine?: GCPL chief Sudhir Sitapati’s full speech

"The fortunes of advertising and advertising agencies are not the same. Over the last 30-40 years, advertising has done extremely well in India," says Sudhir Sitapati. (Image source: Moneycontrol)

Sudhir Sitapati reiterated his views on the reinvention of advertising agencies during his address at the Subhas Ghosal Memorial Lecture, organised by the Advertising Agencies Association of India (AAAI) and the Subhas Ghosal Foundation (SGF). Read his speech in full, shared with Storyboard18.

Sheryl Sandberg to resign from Meta board

“With a heart filled with gratitude and a mind filled with memories, I let the Meta board know that I will not stand for reelection this May,” said Sandberg. (Image source: Moneycontrol)

Sandberg who gained popularity for being one of the most influential women in tech helped grow Facebook’s revenue from roughly $150 million in 2007 to more than $3.7 billion in 2011, the year before it went public.

Haldiram’s to buy snack foods company Prataap Snacks

After the news came to light, the shares of Prataap Snacks jumped 13 percent. Prataap Snacks competes with PepsiCo’s Lay’s and other snack brands. (Image source: News18 Hindi)

Prataap Snacks, known for its Yellow Diamond brand of chips competes with PepsiCo’s Lay’s and other snack brands.

Indian government contemplates stricter regulations to combat deepfake threat

On March 1, Google announced it would remove apps from 10 Indian developers, including Shaadi.com, Naukri.com, jeevansathi.com, and Bharat Matrimony, from its Play Store in India for non-compliance with its billing policies.

IT Minister Ashwini Vaishnaw said the government needs to move to a policy framework in which the social media platforms, start taking responsibility for what they are publishing.

Sudhir Sitapati on why advertising agencies need to reinvent themselves

Regarding budget expectations, Sitapati told Storyboard18, “I do feel that domestic consumption needs to be spurred. GDP growth was 8 percent last year but domestic consumption is only 4 percent."

Godrej Consumer Products Ltd CEO and MD, Sudhir Sitapati said India is not doing as well as it seems to be doing in the context of FMCG volumes.

Vh1 announces the launch of ‘Vh1 AniNation’, a one-stop destination for anime enthusiasts

Vh1 AniNation will offer fans an immersive experience including AniBites, AniPinion, and Ani-Music. (Representative image by Miguel Lindo via Unsplash)

Vh1 AniNation will serve as an exciting platform that fuses visually stunning animation, engaging community discussions, and a curated musical experience, to celebrate the rich cultural tapestry of Japanese anime.

Cannes Lions 2024: Prasoon Pandey is Jury President for Film Craft; See full list of Presidents

After leading its first Jury, Cindy Gallop returns as the Glass: The Lion for Change Jury President for its 10th edition, while previous Lion of St. Mark honouree, Prasoon Pandey, is named as the Film Craft Lions President. (Image source: Pune Design Festival)

After leading its first Jury, Cindy Gallop returns as the Glass: The Lion for Change Jury President for its 10th edition, while previous Lion of St. Mark honouree, Prasoon Pandey, is named as the Film Craft Lions President.