February 2024 – Page 83

Tech Mahindra elevates Dilip Venkatraman to SVP & Business Head (M&E)

Venkatraman, who started his career at India Today Group Online has worked across Zee News, Dish TV, Pugmarks, Network18, ITV Network and VideoTap.

Dilip Venkatraman was previously Tech Mahindra’s Global Head – Media and Entertainment.

Layoffs, regulatory troubles, hiring slowdown leads to reset in salaries

The new directors join chief executive officer Anirban Mukherjee and chief finance officer Arvind Agarwal on the board of PayU India. (Representative Image: Towfiqu barbhuiya via Unsplash)

Ex-Byju’s employees who have been in the job market for quite some time and the brewing trouble at Paytm have led to its staffers exploring various other options.

Zee-Sony merger: Sony ‘disappointed’ with SIAC decision

The companies will also withdraw the respective Composite Schemes of Arrangement from the NCLT and inform the relevant regulatory authorities.

Zee will now push for the enforcement of the $10 billion merger to go through with Sony’s Indian unit via a Indian tribunal.

Ola introduces Ola Technology Fellowship program

With this, the company aims to nurture the young and bright minds of our nation that will contribute to India’s journey to becoming a global leader. (Image source: CNBC-TV18)

Commencing with AI researchers at IIT Bombay, the fellowship will span across various engineering disciplines.

Saudi Arabia’s tourism pivot: Lionel Messi and a $800 billion plan to transform The Kingdom into a tourism hotspot

In 2023, Messi shared photos from his trip to Diriyah in Saudi Arabia, as part of his contractual obligations tied to his partnership with the country’s tourism authority. (Image source: Moneycontrol)

Saudi Arabia has a bold $800 billion plan to reimagine and reshape Saudi Arabia as a tourism hotspot.

Elon Musk’s “drug use” known to former and serving directors; board inaction

In a recent shift, X agreed to comply with some of Brazil's demands by blocking the contentious accounts, paying the fines, and appointing a legal representative within the country.

The alleged use of illegal narcotics might hurt SpaceX’s federal contracts leading to the revocation of Musk’s security clearances, apart from violating the strict anti-drug policies enacted by his own companies.

Mark Zuckerberg’s love for combat sports concerns Meta

Zuckerberg has forthrightly expressed his love for combat sports such as MMA and extreme sports such as hydrofoiling.

Meta in its financial report stated that, the CEO’s interest in adventures and fight games is not only a personal risk but also a potential hazard for the investors.

Zee-Sony Merger: NCLT in spotlight as SIAC denies emergency relief

In August, ZEEL and Sony's Indian units reached a non-cash settlement to resolve all disputes stemming from their failed merger.

Zee has asked NCLT to prevent Sony Group-owned firms from adopting any further steps that could jeopardise the execution of the scheme.

Trademark infringement: Rolex sues WatchStyler

The trademark of the luxury watch brand on the counterfeit watches and the materials that were used in their manufacturing are inferior, asserts Rolex. The brand went on to state that Watchstyler knowingly used these spurious designations. (Image source: Unsplash)

The trademark of the luxury watch brand on the counterfeit watches and the materials that were used in their manufacturing are inferior, asserts Rolex.

Karnataka government announces uniform fares for all cabs

For vehicles priced below 10 lakh rupees, the minimum fare is set at 100 rupees for travel up to 4 kilometres, with an additional charge of 24 rupees for each extra kilometre travelled. (Representative image by Waldemar via Unsplash)

Based on the cost of the vehicle, they will be classified into three categories according to the Transport Department’s new fare structure.