February 2024 – Page 33

How did Indian Express Group’s Viveck Goenka come to own Saddam Hussein’s car?

Viveck Goenka has also established one of India’s best classic cars restoration workshops. His collection also has vintage Land Rovers and Rolls Royce. It includes a Range Rover bought from the Delhi State Trading Company, his first ever car from the British marque. At the Cartier Concours 2019, Viveck and Zita Goenka’s 1951 Standard-Vanguard Phase 1 won the Mark Shand Adventurer Trophy, which honours the memory of the late British travel writer and conservationist known for his love for elephants and his backing for the Indian concours.

Find out how Viveck Goenka acquired the car once owned by Iraq’s Saddam Hussein.

Zee starts appraisals on time, but hiring tightens as cost cuts loom: Job security in question?

Zee Entertainment reported a 180 percent jump in its profit in the December quarter.

In spite of the no layoff promise in January, on February 13 when ZEEL announced its Q3 FY24 results, it also said they were strategically reassessing overall cost structure. This initiative spans key areas such as technology, content, marketing, and personnel.

PhonePe’s founder and CEO Sameer Nigam expects a good share of it’s rivals customers onboard

PhonePe’s founder and CEO Sameer Nigam (Image source: Moneycontrol)

While he didn’t mention the big rival’s name, he was alluding to the ongoing Paytm regulatory fallout with the Reserve Bank of India.

IPL sponsorships heat up: Dream11, Mastercard, Saudi Tourism, vie for sponsorship rights

Currently, the brand is present across 120+ cities in India..(Image source: @IPL via X)

The IPL sponsorship game is heating up as nine companies seem to be vying for sponsorship rights for one the world’s biggest sports leagues.

India aims to attract key component players from China, South Korea, Taiwan and US

In a letter to the ministry on February 6, Xiaomi said that the Indian government needs to work on "confidence-building" measures to encourage component suppliers to set up operations locally. (Image source: Moneycontrol)

The government’s goal is to bring a substantial portion of components for mobile handsets to India with the help of the new PLI scheme, which will likely have an outlay of around Rs 20,000 crore

DD Free Dish e-auction kicks off: MPEG-2 slots up for bidding, pubcaster secures Rs 40+ crore on day one

On November 20, the Parliamentary Standing Committee on Communications and Information Technology met with multiple stakeholders to discuss concerns about the vulgarity of content streamed on OTT platforms.

The reserve prices for round one of the buckets are between Rs 3 crore and Rs15 crore.

Cleartrip’s Ayyappan R to exit the Flipkart-owned firm?

Ayyappan R was also responsible for overseeing and driving the travel players' brand initiatives.

Flipkart’s churn is expected to see the exit of senior VPs like Ayyappan and others.

Meta doubles down on WhatsApp Business in India

Message to self: Your future self will thank you for using it. This feature allows you to send messages to yourself to keep track of notes and messages. Messages to yourself work and look like regular chats, but you can't make audio calls, or video calls, mute notifications, block or report yourself, or see your last seen online. (Representative Image: Dima Solomin via Unsplash)

Around 60 percent of Meta’s users interact with businesses on the messaging app every week.

To save a merger: ZEE and Sony attempt to iron out disagreements?

After the deal was terminated in January, Zee apparently has reached out to the Sony executives to reconsider the termination and has also offered for talks this month.

Reports suggest Zee and Sony are attempting to iron out differences to salvage the $10 billion media merger.
It is expected that Zee will communicate its final decision to Sony within the next 24-48 hours, indicating whether they accept all terms and conditions of the agreement.