November 2024 – Page 24

Hyundai Motor Group announces 2024 key executive appointments; Jaehoon Chang promoted to Vice Chair

Sung Kim is appointed as President of Hyundai Motor Company to manage the business effectively through global economic uncertainties, effective January 1, 2025.

Hyundai Motor Group announces 2024 key executive appointments; Jaehoon Chang promoted to Vice Chair

Abhay Bhutada named Rising Sun Holdings’ Vice Chairman

A qualified Chartered Accountant, CA Abhay Bhutada is actively involved in industry forums and remains a committed advocate for corporate social responsibility in healthcare, education, and other vital sectors.

Abhay Bhutada has established himself as a thought leader in the financial services industry.

MoU on gaming policy | Reliance-Disney JV | Telangana’s e-sports policy

Tamil Nadu was the first state to actually pass a bill banning real money gaming. (In picture: IT Minister of Tamil Nadu, Dr. Palanivel Thiagarajan)

Storyboard18 brings you top five news updates from the world of advertising, marketing and business of brands.

HCLTech collaborates with ServiceNow to roll out AI Labs

The Labs will include assets built with accelerators and frameworks modeled for the ServiceNow platform.

The Labs leverage HCLTech’s industry-leading and proven methodologies for clients to navigate GenAI and agentic AI journeys with ServiceNow, driving efficiencies in the areas of ESM (enterprise service management) and industry verticals.

Leveling up: India’s ambitious gaming incubator plans

As per shareholding data post-investment, Play Ventures will hold 3.38%, Countryside Ventures 4.46%, Gameskraft Technologies 2.12%, and Kalaari Capital 6.35% of the company.

In 2023, the global gaming industry generated an estimated $188 billion in revenue.

Fireside Ventures appoints Flipkart’s Adarsh Menon as operating partner

In this role, Adarsh Menon will join Fireside's leadership team and offer strategic guidance to select portfolio companies by serving on their boards. (Image source: LinkedIn)

With over two decades of experience in sales and marketing, former Flipkart SVP to drive strategy and growth for consumer brands.

Nykaa’s Falguni Nayar sees India as a growth engine, hints at wellness expansion

Nayar believes that the next decade will witness significant growth in these sectors, particularly in the beauty industry. While physical retail continues to thrive, the advantages of digital platforms remain compelling, and Nykaa is poised to capitalize on both channels to deliver exceptional customer experiences. (Image sourced from LinkedIn)

Falguni Nayar highlighted the immense opportunities presented by India’s burgeoning economy and the increasing consumer demand for high-quality products and services.

Ben & Jerry’s sues parent company Unilever, alleging suppression of Palestine advocacy

The HC decision follows the hearing of three petitions against the non-regulation of deepfake technology in the country and the threat of its potential misuse.

Ice cream maker alleges breach of settlement terms and silencing of social mission.

Agro Tech Foods to acquire Del Monte Foods in Rs 1,300 crore share swap deal

This strategic acquisition marks Agro Tech's push to broaden its portfolio in the processed foods sector.

The deal is subject to regulatory approvals, including clearance from the Competition Commission of India, and is expected to close within nine months.