August 2024 – Page 19 – storyboard18

Narayan Devanathan to lead newly launched Dentsu BX in India

Narayan Devanathan will continue to report to Harsha Razdan, CEO, South Asia, dentsu, while also reporting to Chris Bower, Managing Director, Business Transformation Consulting, APAC, dentsu, and Yuichi Toyoda, Global Practice President - Business Transformation (BX).

In his expanded mandate, Narayan Devanathan will collaborate with businesses to co-create transformation strategies that accelerate sustainable business growth. He will aim to deliver transformative solutions that drive substantial value for clients, businesses, and society.

FSSAI launches major initiative to detect microplastics in food

Earlier this year, the FSSAI issued its definition of single-malt and single-grain whisky, which came into effect on March 1.

The Food Safety and Standards Authority of India (FSSAI) introduces a new project aimed at detecting and analysing microplastics in food products, following alarming findings by the FAO.

NCLT approves amalgation of TCNS Clothing with Aditya Birla Fashion and Retail

In May 2023, ABFRL announced the acquisition of a majority stake in TCNS Clothing in a deal worth Rs 1,650 crore

Aditya Birla Fashion and Retail Ltd (ABFRL) posted a net loss of Rs 161 crore in the June quarter of FY25. The company’s revenue rose 7% to Rs 3,428 crore in Q1FY25 from Rs 3,196 crore YoY

Standard Chartered elevates Gaurav Rajput to MD, global head corporate & investment bank marketing

Gaurav Rajput, who began his career in advertising as an account executive at FCB Ulka, ventured into the world of marketing and went on to work across Rediffusion Y&R, NDTV, Citibank India, Aviva, Cigna TTK Health Insurance Company and IDFC Bank.

Previously, Gaurav Rajput led Standard Chartered as managing director and head consumer bank marketing – Asia.

Honda overtakes Hero MotoCorp in domestic wholesale segment

Hero MotoCorp registered more than 18.31 lakh wholesale despatches in the April-July period

As per the Siam data, Honda registered more than 18.53 lakh wholesale despatches in the April-July period, while Hero logged over 18.31 lakh units in the same period

ED searched 20 premises over illegal T20 WC streaming

FIR was filed with the cyber crime police station (Ahmedabad) against the platform - magicwin- for unauthorised streaming of ICC Men’s T20 World Cup 2024. (Representative Image: Bernard Hermant via Unsplash)

The Enforcement Directorate (ED found that the online betting platform ‘magicwin’ hosted illegal activities such as betting on live cricket matches and other games.

Not dead and buried: MIB’s Ashwini Vaishnaw is ‘open minded’ on the Broadcasting Bill

“Our intent is to encourage it; that is giving more opportunities to express, share and create new intellectual property,” the minister said.

Vaishnaw added that in recent times, a new content-creator economy has emerged across the country and the government was encouraging the segment.

BCCI reported additional revenue of over Rs 5000 cr from IPL 2023; 116% increase from 2022

BCCI is one of the world's richest cricket bodies, registered under the Tamil Nadu Societies Registration Act, 1975.

BCCI’s media rights income stood at Rs 8,744 crore and total income increased to Rs 11,769 crore.

X’s global run-ins: A growing challenge for Elon Musk’s social media platform

Under the new structure, the Premium+ plan—which offers an ad-free experience, priority support, and enhanced algorithmic visibility—has increased to Rs 1,750 per month on the web, up from the previous Rs 1,300.

As Elon Musk’s X faces increasing scrutiny, the platform has been banned or restricted in several countries, reflecting broader concerns.