September 2024 – Page 49

DoT notifies first set of rules under Telecom Act; telecom fund Digital Bharat Nidhi comes into effect

Both DoT and TRAI have been taking collaborative measures to enhance the experience of telecom users.

The Department of Telecommunications has notified and brought into effect the first set of rules under the Telecommunication Act, 2023- setting the functioning of the Digital Bharat Nidhi (DBN)- which replaces the Universal Service Obligation Fund (USOF).

Fish extract in ‘Divya Dant Manjan’: Delhi HC seeks response from Patanjali over ‘misbranding’ of dental product

Patanjali's 'Divya Dant Manjan' embroils in a controversy over its ingredient

Petitioner Yatin Sharma said that Patanjali’s “Divya Dant Manjan” packaging has a green dot mark, an indicator of vegetarian status, containing “Samudraphen”, a fish-derived compound

Pernod Ricard becomes official partner of Paris Saint-Germain

Philippe GUETTAT, EVP Global Brands at Pernod Ricard (left) and Nicola IBBETSON, Director of Partnerships and Sponsorships at Paris Saint-Germain (right)

The four-year agreement is set to begin this 24/25 season and will span across PSG’s professional teams; men’s and women’s football as official partner and handball, as an official provider.

Philips appoints Bharath Sesha as managing director for Indian subcontinent

He will manage the Healthcare business headquartered in Gurgaon and hold responsibility for Philips’ Licence to Operate in India, which includes the Philips Innovation Campus (PIC) in Bangalore, the Healthcare Innovation Centre (HIC) in Pune, and Global Business Services (GBS) in Chennai.

Bharath succeeds Daniel Mazon, who was Vice Chairman and Managing Director for the Philips Indian Subcontinent until April 1, 2024, and has since taken on a global role at the Philips headquarters in Netherlands.

Bajaj Auto’s domestic 2-wheeler sales up by 30% in 12 months

Bajaj Auto recorded an increase of 14% in domestic two-wheeler sales to 9.59 lakh units between April and August 2024

Bajaj Auto Ltd said that domestic sales of two-wheeler and commercial vehicles of the company surged by 24% to 2.53 lakh in August 2024 as against 2.05 lakh in the same month last year

EXCLUSIVE: Cuffe Parade residents write to BMC, oppose illegal and digital hoardings

BMC's newly drafted and revised OOH advertising policy seems to have attracted mixed feedback from the advertising industry and has sparked discussions over the ambiguities of the guidelines.

Rahul Narwekar, Maharashtra Legislative Assembly Speaker told Storyboard18 that the government is very focused on keeping Mumbai away from illegal hoardings

Dabur and Jubilant bid for 40% of Coca-Cola India, valuation at Rs 10,800 crore

The company has previously considered an initial public offering (IPO) to capitalize on the strong performance of the beverages segment within the FMCG landscape.(Image source: Coca-Cola)

Coca-Cola’s decision on whether to accept a single investor, multiple investors, or a consortium is expected by the end of the fiscal year.

Harshit Sahni appointed as Warner Bros. Discovery’s Cluster Revenue Head for South Asia

His journey with Warner Bros. Discovery began when he joined Discovery Inc as the Director of Ad Sales - South Asia. (Image Source: LinkedIn)

Sahni brings a wealth of experience to his new role, having a substantial media and sales career spanning over two decades.

Entertainment Network India Limited appoints Sumit Aggarwal as chief strategy and growth officer

In his earlier tenure at ENIL, Sumit Aggarwal held multiple key roles, including Cluster Head for Gujarat, Head of Activations, and Head of Strategy and International Business.

In his new role, Sumit Aggarwal will lead the strategic vision and growth initiatives across all ENIL platforms, including radio, digital, and the company’s extensive events portfolio.

Zee files application seeking recall of NCLT’s merger order with Sony

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

On August 27, Zee and Sony announced reaching a non-cash settlement, resolving all disputes over the failed merger, which includes withdrawing all respective claims and legal proceedings against each other.