Month: August 2024

Apple names Indian-origin Kevan Parekh as new CFO

Kevan Parekh, currently serving as Apple's Vice President of Financial Planning and Analysis, has been a pivotal figure in Apple's finance leadership. (Image source: Moneycontrol)

Indian origin executive to succeed Luca Maestri as Apple’s Chief Financial Officer. Parekh, currently serves as Apple’s VP of Financial Planning and Analysis.

HUL slapped with Rs 962-crore tax demand for Rs 3,000-crore GSK deal

The board formed a committee of independent directors to explore various alternatives for the ice cream business and provide recommendations. These recommendations will be reviewed by both the Audit Committee and the Board.

Hindustan Unilever has has received a tax notice of Rs 962.75 crore, including an interest of Rs 329.33 crore.

Rohan Jaitley may succeed Jay Shah as BCCI Secretary: Report

According to ICC rules, the chairman’s election requires 16 votes, with a simple majority of nine votes (51%) needed for victory. Previously, a two-thirds majority was required to become chairman. (Image source of Rohan Jaitley: X)

Jay Shah, one of the most influential figures in the ICC boardroom, also serves on the global cricket governing body’s powerful Finance and Commercial Affairs (F&CA) sub-committee.

EXCLUSIVE: RMG players meet MIB, request quality seals for legitimate games

A research report titled The Effectiveness of Tobacco Disclaimers on OTT Content Services by Koan Advisory Group, published in May 2023, found that OTT content does not significantly influence smoking habits in India.

It’s important to note that for more than nine months now, policies surrounding the RMG industry have been on the back burner. With no developments on the regulatory front, RMG companies continue to struggle under the burden of additional taxes.

Is India’s DPDP Act a Blueprint for Global Data Protection Standards?

Unlike the GDPR’s stringent restrictions, the DPDP Act offers flexibility by allowing the government to designate specific countries or territories as permissible for data transfers. This approach recognizes the geopolitical realities of data management while safeguarding national interests, says Piyush Mehta, Founder and CEO of Data Dynamics.

Drawing parallels with GDPR, Piyush Mehta, Founder and CEO of Data Dynamics, talks about how the Digital Personal Data Protection (DPDP) Act, once implemented, can soon become a global model, influencing the evolution of data protection standards in other jurisdictions.

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Categorized as Digital Tagged

General entertainment channels’ ad volume dip 6% in H1 2024

During January-June 2024, a total of more than 3,300 brands were present on TV and 5 out of the top 10 brands were from Reckitt and 4 were from HUL, according to TAM data.

During H1 of both 2023 and 2024, Hindi GEC has been the leading genre for advertising with a 24% share of ad volumes, reveals TAM report.