August 2024 – Page 3 – storyboard18

TRAI on regulating OTT apps under Telecom Act | Flipkart’s Amitesh Jha joins Swiggy Instamart as CEO

The overall tele-density in India also dropped slightly, from 84.69 percent in September to 84.46 percent in October. (Image source: Unsplash)

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

Hiring for sales, marketing roles on rise between April-June 2024: Indeed

The FMCG sector achieved an 18 percent growth in fresher hiring in December 2024

The key areas for future skill demand included cloud computing (27%), sustainability (23%), and emerging technologies like Generative AI and AR/VR (20%)

‘Beginning of new era in India’s ent industry’: Mukesh Ambani on RIL-Disney $8.5 billion merger

Reliance Industries Chairman and Managing Director Mukesh Ambani during the 47th Annual General Meeting (AGM) of RIL.

In February 2024, Viacom18, a unit of RIL, and Disney’s Star India merged their media businesses in a bid to create India’s largest TV and digital streaming entity

“Moneycontrol transforming into advanced fintech player, Firstpost now a global news destination from India” says Mukesh Ambani

“CNBC-TV18 had an 82% viewership share on the Budget Day. This is in line with its weekly performance. CNN-News18 often outperforms all other channels combined. It has been number one for over two years,” Mukesh Ambani added.

During Reliance Industries’ 47th AGM, Ambani said Firstpost has become a definitive global news destination from India, while Moneycontrol is transforming into an advanced fintech platform.

Reliance Retail to expand grocery stores in small towns, eyes luxury jewellery segment

Reliance Retail Ventures Limited (RRVL) Director Isha Ambani at the 47th Annual General Meeting of Reliance Industries Limited (RIL)

Reliance Retail Ventures Limited has also planned to extend the Milkbasket, a daily delivery service of essential products, to new geographies.

Prasar Bharati invites applications for vacant MPEG-4 slots of DD Free Dish

The participation fee for MPEG-2 slots is Rs 1.50 crore while of MPEG-4 slots is Rs 3 Lakhs.

The applications are for the period from September 13, 2024 to March 31, 2025 and are invited through DD Free Dish 82nd online auction process to be held on September 5.

Zepto’s Kaivalya Vohra, 21, tops Hurun India Rich list as youngest entrepreneur

Jarvis helps small and large brands increase brand salience and platform sales by running optimised and focused campaigns to Zepto’s users.

Zepto’s other founder Aadit Palicha is the second-youngest billionaire on Hurun Rich List. Palicha, 22, has a net worth of Rs 4,300 crore

Swiggy onboards ex-Flipkart SVP Amitesh Jha as CEO- Swiggy Instamart

Amitesh Jha, a seasoned e-commerce expert, brings over two decades of experience to Swiggy Instamart. (From left to right: Amitesh Jha and Phani Kishan Adepalli (Image Source: Moneycontrol))

Amitesh Jha will replace Phani Kishan, who is also the co-founder, Swiggy. Kishan will assume a broader organisation-wide role overseeing Swiggy’s central growth unit, and working closely with and reporting to CEO Sriharsha Majety.

Mansi Khanna appointed COO of Dr. Reddy’s-Nestlé Health Science joint venture

The newly formed joint venture between Dr. Reddy's Laboratories and Nestlé Health Science became effective from August 1, 2024. Left to Right: Dr. Reddy's Laboratories (Image Source: Dr. Reddy's Website), Nestlé Health Science (Image Source: LinkedIn)

Experienced leader Mansi Khanna takes on a key role in the new Dr. Reddy’s – Nestlé Health Science venture, bringing over 18 years of industry expertise.

E-commerce export hubs to create 2.25-2.75 lakh new jobs in India: Report

In the past year, Meesho's Project Vishwas prevented over 22 million fraudulent transactions, blocked 7.7 million scam attempts, and reduced lottery fraud by 75%.

Recent data by TeamLease Degree Apprenticeship showed that online vendors have generated 15-16 million jobs, including 3-4 million for women