January 2025 – Page 12

Korean skincare popularity grows 2.5X, late night shopping surges 60%, reveals Nykaa’s trend report for 2024

A customer from New Delhi took their love for beauty to the next level, placing an incredible 110 orders worth Rs 21.5 lakhs, featuring makeup from Lakme and Maybelline. (Photo: Unsplash)

Regional fashion preferences also varied according to the report, with Delhi shoppers favoring kurta sets, Mumbai leaning towards co-ords and Bengaluru choosing lehengas.

MeitY to discuss AI-related issues with Parliamentary Committee on January 9

Multiple think tank policy consultants have raised concerns over the challenges posed by emerging technologies like Artificial Intelligence.

There will be a sitting of the standing committee on ‘Communications and Information Technology’ to discuss the impact of emergence of AI and related issues. MeitY reportedly is in process to draft an AI law.

Jackelyn Keller to be Comscore’s new Chief Marketing Officer

Keller succeeds Tania Yukia, who left the company in 2023 after playing a key role in repositioning the brand around the future of media measurement

Before taking on this new role, Keller served as the Global Head of Product Marketing at Quantcast, a demand-side platform (DSP).

Amit Ganorkar to succeed Neelesh Garg at TATA AIG as MD and CEO

The appointment is effective from January 1, 2025.

Ganorkar also held the position of Chief Operating Officer at TATA AIG in the past.

Telecom dept revamps infrastructure for Maha Kumbh; lays 126 km of optical fiber, 328 new towers in Prayagraj

Three disaster management centres, operated by the four leading telecom service providers, that is, Airtel, BSNL, Jio and Vi, have been established in the Mela area.

78 transportable towers (CoWs) and 150 outdoor small cell solutions are being deployed to manage the high network demand in crowded areas. In addition, 352 new BTS units will be installed, with 50 existing BTS units receiving critical upgrades.

In Meta shake-up, Republican Joel Kaplan to lead global affairs; Nick Clegg departs

Joel Kaplan will work closely with David Ginsburg, Meta’s vice president of global communications and public affairs.

OOH industry to clock Rs 5,500 crore AdEx in 2025: Praveen Vadhera, CEO of IOAA

Multiple media agencies including GroupM, Publicis, Madison and IPG are testing RoadStar- a measurement system addressing the lack of a standardized currency in the OOH industry.

IOAA will complete census of hoardings across the country in next six months and will circulate the list with stakeholders.

2025: The Year Of…: Meaningful substance and authentic experiences, says Nestle’s Chandan Mukherji

The experience economy has reached new heights, as consumers increasingly seek unique experiences that offer novelty, personalization, variety, shareability, and exclusivity, says Chandan Mukherji, Director and Executive Vice President of Strategy, Marketing and Communication

As generative AI matures, it will become a tool for democratizing creativity, analytics involving complex data sets, and enabling efficient production, says Chandan Mukherji, Director and Executive Vice President of Strategy, Marketing and Communication.

MIB budget cut by Rs 675 crore in Union Budget ’24, reveals Parliamentary committee report

In the latest standing committee report, Ministry of I&B was questioned over underutilisation of funds during FY24 (where budget estimate stood at Rs 4692 cr versus the actual expenditure of Rs 4314 cr).

The parliamentary standing committee report on ‘communication and IT’ revealed that the Ministry of I&B had proposed a budgetary expenditure worth Rs 5017.64 crore for FY25 in the last Union Budget, but was allocated Rs 4342 crore.