Storyboard18 brings you top five news updates from the world of advertising, marketing and business of brands.
Month: November 2024
Govt issues guidelines to crack down on misleading ads in coaching sector
The Central Consumer Protection Authority (CCPA) took suo moto action against 45 coaching centers and has already imposed a penalty of more than Rs 54 lakh on 18 coaching institutes for misleading advertisements.
WPP brings integrated agency T&Pm fully within its global network
As part of the move, T&Pm is placing WPP’s AI-powered marketing operating system, WPP Open, at the core of its innovative marketing models, to drive further growth through cutting-edge solutions for clients.
RK Swamy’s net profit declines by 62% to Rs 2.13 crore in Q2 FY25
The revenue from operations of the company reduced to Rs 65.61 crore lakh in Q2 FY 25 from Rs 79.7 crore in the corresponding quarter last fiscal.
EXCLUSIVE: Small part of Prasar Bharati OTT will be subscription-based; rest all free, says MIB’s Sanjay Jaju
Sanjay Jaju, Secretary, Ministry of Information and Broadcasting, confirmed to Storyboard18 that Prasar Bharati’s OTT will be launched on November 20, with over 60 FreeDish channels and archival content.
EXCLUSIVE: Going through rigor of understanding how to roll out D2M: MIB’s Sanjay Jaju
Sanjay Jaju, Secretary, Ministry of Information and Broadcasting, told Storyboard18 that the Ministry has completed the ‘proof of concept’ of D2M technology at this stage. The consultation with the industry stakeholders is going to understand its impact.
Nykaa appoints Abhijeet Dabas as EVP and Business Head of Fashion eCommerce
With a strong background in tech and e-commerce, Dabas will lead Nykaa Fashion’s online expansion, strategic partnerships, and customer-centric growth initiatives.
Gen Alpha’s video binge, consumption up 60%: Kantar report
Gen Alpha is increasingly driven to a more digital recreational experience. 69% of kids find video games more enjoyable than outdoor play.
MCG takes action against 53 advertisers for defaulting on fees
The MCG has also highlighted the enforcement of a strict penalty system under the Haryana Municipal Corporation Advertisement Bye-laws, 2022, which mandates blacklisting of defaulters.
Pernod Ricard ups ad spend to Rs 845 cr in FY2024
The company recently announced a €200 million investment in a new distillery in Nagpur, Maharashtra.