Month: February 2025

Zomato infuses Rs 1,500 crore into Blinkit amid fierce quick-commerce race

According to a regulatory filing from the Registrar of Companies (RoC), Blinkit's board approved a special resolution to issue 7,612 equity shares at an issue price of Rs 19,70,181 each, underscoring the company's commitment to scaling up its operations.

Capital injection aims to fuel rapid expansion as market rivals jostle for dominance in India’s swift delivery segment.

Neha Bareja appointed as Head of Marketing at Acko Drive

With over a decade of experience in social media, influencer marketing, and digital strategy, Bareja has collaborated with leading brands such as Meesho, Zoomcar, Lifestyle International, Reliance Retail and Isobar.

Prior to this role, Bareja served as the Senior Director of Content and Influencer Marketing at Acko.

Starbucks lays off 1,100 corporate employees amid restructuring

The restructuring affects Starbucks' global corporate support staff, which totals approximately 16,000 employees. However, the layoffs will not impact all positions; roles such as roasting, warehouse operations, and in-store baristas remain unaffected.

Under new CEO Brian Niccol, the Seattle-based coffee giant targets streamlining operations as sluggish sales spur decisive action.

Connekkt Media acquires Hollywood marketing agency Mob Scene

With this acquisition, Connekkt Media further strengthens its position as a global force in media and entertainment, with a strong global presence with its local offices and teams across Los Angeles, Mumbai, Dubai, Delhi NCR.

Mob Scene, the creative marketing force behind Avatar, Dune, Fast & Furious, Jurassic World, Barbie and A Complete Unknown joins Connekkt Media

Delhi HC issues injunction against betting sites using Baazi Games’ trademark

Moonshine also claimed that the GoDaddy webpage is offering for sale domain names similar to its own. It pointed out that GoDaddy is the same domain name registrar that registered its official domain name.

In its complaint, Moonshine Technology Pvt. Ltd. (the plaintiff) stated that the Baazi Group has registered various trademarks, including BAAZI, BAAZI GAMES, BAAZI MOBILE GAMING, and POKERBAAZI.

Supreme Court calls for mechanism for citizens to flag misleading ads

The Supreme Court will finally begin hearing the much-anticipated case on May 5 involving show-cause notices issued to some of India’s biggest online gaming companies.

The Court has called for a mechanism under the Drugs and Magic Remedies Act (DMR Act) to enable citizens to file complaints against misleading medical advertisements.