February 2024 – Page 53

LED board ads distracting; Karnataka HC issues notice

Both the Maharashtra government and the Bombay High Court have come down heavily on the illegal ad hoardings.

The petition highlighted that the bright LED lights could lead to visual disturbance, discomfort, and temporary blindness during nighttime.

Punit Goenka says ZEE’s “tightening belt on manpower”, calls for “frugality’; some layoffs likely

On November 28, AGM (Annual General Meeting) will be conducted where shareholders will discuss the strategic direction of the company moving forward, stated a media report. (Image source: Moneycontrol)

Punit Goenka had said “no layoffs” due to the failed Sony merger, after the deal with Sony crashed in January. Now he warns of some layoffs as Zee revisits plan as standalone entity after Sony terminated the merger

ZEE seeking refund of Rs 69 crore from Star over ICC TV rights agreement violation

GST authorities crack down on Zee Entertainment

Zee said that it has communicated to Star, seeking a refund of Rs 68.54 crore paid to Star.

ZEE-Sony merger fallout: Punit Goenka plans to optimise spends, reduce business overlaps

Punit Goenka said ZEEL will take steps to increase value delivery to its advertisers, apart from exploring alternative content monetisation avenues.

ZEE troubles mount; Star India sends letter to Zee alleging breach over ICC cricket TV rights deal

Star India, on September 16, filed a 'statement of case' before London Court of International Arbitration (LCIA) in which it declared termination of the alliance agreement and sought the damages in the now-terminated ICC TV rights deal case, from Zee.

Star alleges non-payment of instalment for ICC sports rights deal; Zee claims Star has not acted as per the agreement.

X will allow ads to run next to selected content creators

X also has plans to add the feature which provides brands the ability to serve ads only to an individual's creators profile. This eliminates the likelihood of the ads appearing next to controversial or unwanted posts, stated a media report.

This move will present flexibility to the advertisers to ensure that their ads don’t run next to controversial or content deemed as offensive.

Consumer posts video of worms found in box of Kellogg’s Chocos

he video has gone viral and has garnered widespread criticism, and also questioned the standards of food safety. (Image source: News18)

The events have garnered widespread criticism.

Mankind Pharma to enter into niche export market

Besides the US, the company also exports to many countries including Sri Lanka, Nepal, Chile, and Kenya among others. (Image sourced via Forbes India)

Mankind Pharma’s Vice Chairman, Rajeev Juneja said the firm is determined to venture into the export market with niche products — any product that is complex, difficult to make, and has entry barriers.