August 2024 – Page 29

BREAKING: MIB to issue fresh draft of Broadcasting Bill post consultations

Increased content acquisition costs and consistent capex/opex towards network expansion and maintenance will continue to compress margins for Pay-TV operators.

Following the mixed feedback on the existing draft of the Broadcasting Bill, the Ministry said it would be issuing a fresh draft post a thorough stakeholders consultation.

Dabur CEO on premiumization | BigBasket Co-founder’s exclusive interview | BMC hoarding policy

Vipul Parekh, Co-founder and CMO of BigBasket

Storyboard18 brings you top five news updates from the world of advertising, marketing and business of brands.

Nestlé India reports 44.5% rise in sales in 15 months; Maggi, KitKat key contributors

India is the world's largest market for Maggi

Maggi Noodles and sauces have witnessed an increased demand in key markets such as Canada, the US, Australia, New Zealand, and Singapore

Geopolitical tension, climate change hit biscuits biz: Britannia

On a standalone basis, Britannia's profit increased to Rs 557.13 crore

Britannia has anticipated threats in its rusk and dairy categories due to increasing health expectations, preference for local players, rise in milking prices, and rising trends in input costs like labour and raw materials

JV of Nestlé India & Dr. Reddy’s appoints Shantaprasad Nagarmath as CEO

Shantaprasad Nagarmath earlier was the Head- Consumer Business (OTC plus Nutrition) at Dr. Reddy’s Laboratories for the last one-and-a-half years.

Associated with Dr. Reddy’s Laboratories for the last one-and-a-half years, Shantaprasad Nagarmath now has been elevated to the role of CEO to lead the newly formed joint venture between Dr Reddy’s and Nestle Health Science.

EssenceMediacom secures integrated media mandate for Bambino Pasta Foods

EssenceMediacom will manage Bambino’s account from their Bengaluru office.

EssenceMediacom will help boost Bambino’s presence in India and will deliver full-funnel media solutions.

Bookstrapping: Co intelligence: Living and working with AI

Book 'Co intelligence: Living and working with AI,' by Ethan Mollick

In this book, ‘Co intelligence: Living and working with AI,’ Ethan Mollick focuses on how practical aspects of AI can transform our world

NCLT initiates insolvency proceedings against CCD’s parent firm

NCLT has initiated insolvency proceedings against Cafe Coffee Day's parent company

IDBI Trusteeship Services Ltd (IDBITSL) has accused CDEL over an alleged default of Rs 228.45 crore

Tonic Worldwide bags digital mandate for Greenply

The Greenply account will be managed by the Tonic Worldwide's Mumbai office.

Tonic Worldwide will serve as the digital partner for Greenply with a goal to amplify the brand’s digital footprint.

AI-powered tools to enhance productivity, not replace jobs: Shiprocket’s Somil Agrawal

The share of online shoppers from Tier 2 and 3 cities has increased to 56 percent in FY2024

According to Shiprocket, artificial jewellery is the top-performing category in e-commerce exports, accounting for 40% of exports