Month: November 2024

TRAI moves headquarters to new location in Nauroji Nagar

The Ministry of Information and Broadcasting sought TRAI's recommendations on the terms and conditions, including fees or charges for authorisation to provide broadcasting services, on July 25, 2024.

Telecom Regulatory Authority of India relocates its office to F Tower at the World Trade Centre in New Delhi.

Unilever’s Ramya Venkat joins Abbott as Director – Integrated Marketing

In a note, Ramya Venkat shared, "As the song goes, every new beginning comes from some other beginning’s end. My time at HUL has been nothing short of remarkable and I want to thank everyone who has been a part of my journey. I’m excited for this next professional chapter I’m about to embark upon."

Ramya Venkat started her career at Ogilvy & Mather as an account supervisor and went on to work across Johnson& Johnson, and then joined Unilever as assistant brand manager for Wheel, Sunlight and Magic.

The tourism sector contributed 5% to India’s GDP in FY 23: Govt

The Ministry is encouraging state governments to adopt sustainable practices and integrate advanced technologies into their tourism projects.

The tourism sector’s contribution to India’s GDP saw a spark rise from 1.50 percent during the Covid pandemic to 5 percent in FY 2022-2023.

Essar Group co-founder Shashikant Ruia passes away

Ruia, who was on several national bodies and industry associations, was a part of FICCI's (Federation of Indian Chambers of Commerce and Industry) managing committee. He headed Indo-US Joint Business Council as chairman, and was also the president of the Indian National Shipowners Association. (Image source: ABLF)

A first generation entrepreneur, Shashi Ruia started his career in 1965 under the mentorship of his father Nand Kishore Ruia. Then, along with his brother Ravi, he planted the seeds of Essar Group’s foundation, and then planned its business strategy, growth and diversification, stated a media report.

FMCG distributors demand govt action against unregulated quick commerce growth: Report

By prioritizing inclusive development—supporting disadvantaged groups, youth, farmers, and women—the budget strengthens purchasing power, further stimulating market demand. Additionally, initiatives aimed at boosting farm productivity, manufacturing, and exports—such as a national mission for high-yield crops and subsidized credit for farmers—will fortify supply chains and optimize input costs, ensuring long-term sectoral growth.

The All India Consumer Products Distributors Federation (AICPDF) noted that Q-commerce firms used 80 percent of the funds around customer acquisition strategies instead of creating cutting-edge innovations or sustainable growth models for the retail sector.

Moneycontrol consolidates No 1 position in business news, widens gap with over 36 percent bigger audience than ET in October as per Comscore

Readers also spent significantly more time engaging with Moneycontrol’s content, cumulatively spending 458.6 million minutes on the platform in October, as per Comscore. This is over 50 percent higher than the time-spent by users on ET - 294.8 million minutes during the month. This huge gap highlights the depth of Moneycontrol’s audience connection and engagement. (Image Source: Moneycontrol)

Moneycontrol’s audience share over 36% more than that of Economic Times in October, beats ET again on every viewership metric – as per global digital measurement agency Comscore.

Zomato CEO Deepinder Goyal extends salary waiver until 2026

This moment is both a triumph and a reflection for founder Deepinder Goyal, who views it not just as a business achievement but as a testament to the power of perseverance and purpose.

Deepinder Goyal has decided to forgo his salary for an additional two years, extending his earlier waiver until March 31, 2026. This marks a five-year period during which the CEO will not draw a salary, emphasizing his commitment to the company’s growth and sustainability.