Month: October 2024

Celebs, Influencers will face Rs 50 Lakh fine for surrogate alcohol and tobacco ads

Draft guidelines indicate that celebrities and social media influencers must avoid promoting restricted products, such as alcohol or tobacco.

Recently, the CCPA issued notices to Bacardi, Pernod Ricard, United Breweries, Radico Khaitan, and William Grant & Sons for allegedly promoting alcohol indirectly by advertising non-alcoholic products with similar branding.

HDFC Securities appoints Yogesh Darji as Managing Director of HSIL

In this new role, Yogesh Darji will be responsible for leveraging the benefits of the International Financial Services Centre (IFSC) to deliver a range of solutions tailored for both domestic and global clients. (Image source: LinkedIn)

Situated in GIFT City, HSIL will utilize favourable tax incentives, streamlined regulatory frameworks, and advanced infrastructure to deliver technology-driven solutions to its clients.

Castrol India appoints Kedar Lele as MD

Kedar Lele started his career at Unilever as a marketing manager for the ice cream department. At Kimberly Clark lever, as the head - sales and marketing, he led the sales and marketing function for Kimberly Clark Lever (joint venture of Hindustan Unilever & Kimberly Clark) based out of Pune. (Image source: LinkedIn)

Kedar has joined Castrol India after a two-decade-long career at Hindustan Unilever Limited (HUL), where he last served as the Executive Director of the company, responsible for sales and customer development, South Asia

Two lakh kirana stores forced to shut down due to rise of quick-commerce: AICPDF

AICPDF alleged that the quick commerce platforms operate dark stores to bypass inventory regulations and engage in predatory pricing and monopolistic behaviour. (Image courtesy: Moneycontrol)

All India Consumer Products Distributors Federation (AICPDF) has claimed that an estimated two lakh kirana stores have shut down in the last year because of the rapid expansion of quick commerce along with the economic slowdown.

Netflix appoints Nicolle Pangis as VP – Advertising

Nicolle Pangis stated, "Thrilled to share that I am joining Netflix as VP of its Advertising business, diving head first into a world of incredible fandom, data, creativity, and opportunity! Excited to partner with brands and agencies to explore how Netflix can open up new possibilities for meaningful connections and innovation. I can’t wait to see what we’ll create together!"

Nicolle Pangis began her career at 24/7 Media Inc and went on to work across Xaxis, GroupM and Extreme Reach.