April 2025 – Page 50 – storyboard18

Leo Puri steps down from Tata Sons Board, weeks after leaving HUL

Leo Puri's departure from Tata Sons comes shortly after he resigned from the board of Hindustan Unilever (HUL).

Leo Puri recently resigned from Hindustan Unilever’s (HUL) board and continues to hold multiple significant positions in the industry.

Renault to take full control of Indian manufacturing JV, acquires Nissan’s 51% stake

Renault Group CFO Duncan Minto highlighted India’s growth potential, calling it a strategic market with nearly 5 million vehicle sales annually

RNAIPL operates the Chennai-based production facility, which produces vehicles for both Renault and Nissan.

Decathlon Sports India’s ad expenses up 33% to Rs 87.49 crore in FY24

Decathlon turns profitable, registers a gain of Rs 197.19 crore in FY24

The total business income surged to Rs 4,066 crore in FY24- the highest for Decathlon Sports in India in the past five years- reaching nearly half a billion dollars from sales.

Dentsu Creative Isobar wins integrated creative mandate for Forevermark

As per the mandate, the agency will spearhead an innovative and emotionally resonant storytelling approach that speaks to the modern consumer, seamlessly blending heritage with contemporary luxury.

The account was won following a multi-agency pitch and will be serviced from the agency’s Mumbai office.

The House of Abhinandan Lodha appoints Saurabh Jain as new CMO

Jain is set to lead HOABL’s brand-building and digital transformation efforts.

Prior to this, Jain has served as the CMO of Zydus Wellness.

CCI Raids: AAAI’s advisory to agencies could backfire, say experts

After reviewing the feedback and terms of the proposal, the CCI acknowledged Google’s commitment to major structural changes under its newly introduced “New India Agreement.”

Empowered under section 36 of the Competition Act, 2002, which grants the Commission extensive regulatory powers. These include summoning individuals, enforcing document production, examining witnesses, and requisitioning records from various offices.

ChatGPT hits one million users in an hour as Ghibli maker free image generation goes live

Powered by OpenAI's GPT-4o model, the image generation tool enables users to create visually striking images directly within the ChatGPT interface.

Following overwhelming success among premium users, OpenAI’s new image generation tool, powered by GPT-4o, is now available to all free-tier ChatGPT users, sparking a wave of creative outputs online.

Croma appoints Shibashish Roy as CEO & MD

The appointment is effective from April 1, 2025.

Roy, a Tata Group veteran with over two decades of experience, was appointed CEO in November 2024 and worked closely with outgoing MD Avijit Mitra during a structured transition period that concluded in March 2025.

Google to pay $100 million to settle 14-year-old ad lawsuit

While Google says working from home wasn’t the main reason behind its recent job cuts, company co-founder Sergey Brin has been vocal about preferring people in the office.

The lawsuit alleges Google misled advertisers about the geographic locations of ads and failed to honour its “Smart Pricing” promise. The proposed settlement still requires court approval.

Post NCLAT ruling, startups demand government action against “dominant digital gatekeepers”

More than 70% of the companies leverage generative AI as an opportunity (Image source: Moneycontrol)

The NCLAT upheld key findings of the Competition Commission of India (CCI)’s antitrust order, confirming Google’s unfair imposition of its Play Billing System (GPBS) on app developers. However, the tribunal reduced Google’s penalty from ₹936.44 crore to ₹216.69 crore.