February 2024 – Page 41 – storyboard18

Orkla India onboards Murali S as chief executive officer of condiments brand Eastern

In his new role, Murali will be based out of Cochin and he will guide the team in strengthening the company’s footprint in Kerala market. Further, he will also spearhead the Eastern business unit. (Image Source: Gama)

Murali S will succeed Navas Meeran.

10 foreign airlines sent summons by DGGI over GST evasion

The investigation is being carried out by DGGI Meerut and Mumbai. Furthermore, these airlines have been under scanner since October 2023. (Representational Image)

As per reports, the airlines that have received summons include Indian offices of British Airways, Lufthansa (German Airlines), Singapore Airlines, Etihad Airways, Thai Airways, Qatar Airways, Saudi Arabia Airlines, Emirates, Oman Airlines and Air Arabia.

U.S Department of Justice to review terms of Walt Disney, Fox and Warner Bros Discovery’s new video streaming platform

In addition to summoning OpenAI, Justice Bansal announced plans to appoint an amicus curiae to assist the court in resolving the matter.

The department is concerned that this platform could harm consumers, sports leagues and rival streaming platforms.

The inside story: Digging deeper into Nykaa’s Nykd with Preeti Gupta

Preeti Gupta, Business Head, Nykd by Nykaa

Preeti Gupta, Business Head, Nykd by Nykaa , discusses how Nykd has been blending technically strong products and solving women’s everyday challenges, and appealing to all body types and age groups.

What is OpenAI’s new text-to-video AI model – Sora all about?

OpenAI has repeatedly denied the allegations, saying its AI systems fairly use publicly available data.

In a blog post, OpenAI stated, “Sora can generate videos up to a minute long while maintaining visual quality and adherence to the user’s prompt.”

HMD elevates Tathagat Jena as head of marketing, DTC & Online Biz Head, India and APAC

Tathagat Jena started his career as a management trainee at McCann Ericson, MAA Bozell India, Maxicare Creative Concepts, Lowe Lintas, Ogilvy & Mather, Leo Burnett, The Spa Group, Samsung Electronics and Transsion infinix.

Tathagat Jena was the head of marketing at HMD Global.

Layoffs at the Big Swoosh: Nike slashes 2 percent of global workforce; 1600 jobs

In the third quarter, Nike had announced that it would incur about $400 million to $450 million in employee severance costs. According to a company filing, as per March 31, 2023, Nike had 83,700 employees. (Image source: Unsplash)

Due to weaker profits this year, the sports giant has initiated cost cutting measures.

Gaurav Gokhale to become head of special projects – digital, at JioCinema

At Endemol Shine India, Gaurav Gokhale built a strong team of fiction and non-fiction professionals across creative, commercial and production functions. (Image source: Official website)

Previously, Gaurav Gokhale was the chief operating officer at Endemol Shine India.

Headphones, rings, men’s t-shirts, stuffed toys among top products sold on Valentine’s Day: Flipkart

Sharing the screenshot of a conversation between a customer care executive and the anonymous customer, Blinkit stated how they had to decline the unique request. (Image source: Unsplash)

Flipkart also launched its Valentine’s Day campaign, ‘Your Wingman, This Valentine’s’ to strengthen its position as the one-stop destination for every shopping occasion.

Will AI be the end of creativity?

Google's AI head Jeff Dean and former YouTube CEO Susan Wojcicki have also backed the company in a personal capacity. (Representative Image: Steve Johnson via Unsplash)

Biases inherent in AI training data pose a significant concern, writes Fractal’s Bhaskar Roy.