Month: October 2024

OYO exec Abhishek Gupta joins Lenskart as CFO

Abhishek Gupta's new role involves guiding long-term strategic planning and execution while also focusing on financial strategy. (Image source: LinkedIn)

After nearly a decade with OYO, Abhishek Gupta takes over as Lenskart’s CFO following Mukti Hariharan’s exit to Coca-Cola.

Comscore partners with IAMAI to launch report on India’s CTV landscape

On November 20, the Parliamentary Standing Committee on Communications and Information Technology met with multiple stakeholders to discuss concerns about the vulgarity of content streamed on OTT platforms.

The CTV study will provide an extensive overview of the market including India’s CTV consumer profile and behavior, advertising impact and opportunities, market trends, challenges and forecasts.

Published
Categorized as OTT Tagged

Nestle launches Cerelac with no added sugar in Indian market

In April, Nestle was alleged to sell baby food products, including Cerelac, with added sugar in developing countries, while offering sugar-free alternatives in European and UK markets.

After months of facing backlash over the sugar content of its baby food in developing countries including India, Nestle has launched Cerelac with no added sugar.

Flashback tales: Shah Rukh Khan as a surprising choice for Hyundai’s blockbuster entry in 1998

Since the launch of the Santro in 1998, Shah Rukh Khan has been the face of all Hyundai's marquee vehicles. (Image source: YouTube)

As Hyundai geared up for its landmark IPO, the carmaker’s journey in India reflects not just strategic business decisions but also their two-and-a-half decade relationship with Bollywood’s King Khan.

Zomato introduces comprehensive well-being framework for delivery partners

These areas are divided into nine actionable elements, ranging from earnings and payout timeliness to health and safety measures, financial inclusion, diversity, and career growth.

Developed with inputs from worker rights experts and social organizations, the framework outlines five key areas of well-being, including earnings, safety, and growth opportunities. This initiative sets a potential benchmark for other gig platforms in India.

Paytm posts Rs 930 crore profit in Q2 driven by Zomato sale

While the company's overall revenue from operations declined by 34% year-on-year to Rs 1,659 crore, it saw a slight increase from the Rs 1,501 crore reported in the previous quarter.

The company’s profitability was primarily driven by a one-time gain of Rs 1,345.4 crore from the sale of its movie ticketing and events businesses to Zomato Limited.

Ola Electric responds to CCPA notice, claims 99% of complaints resolved

The CCPA’s notice, issued in response to allegations of service deficiencies and potential consumer rights violations, followed a flood of complaints on the National Consumer Helpline related to service delays and refund issues.

The CCPA’s notice, issued in response to allegations of service deficiencies and potential consumer rights violations, followed a flood of complaints on the National Consumer Helpline related to service delays and refund issues.