Leadership shuffle at PVR INOX as it restructures Rs 600 crore media business

PVR Inox's newly revamped structure will see the regional heads - Gaurav Shukla, Sharda Ganti, Rajesh Makhija and Shalini Marianathan, spearheading efforts in their respective markets, working alongside new executives in leadership roles such as Saurabh Bhambri and Traptika Chauhan, who came from Paytm.

Shalu Sabharwal, Chief Sales Officer at PVR INOX, to helm the restructured organisation and lead its transformation. The company is also putting a greater emphasis on both online and offline media platforms to ensure maximum visibility for its brand and clients.

Donald Trump appoints Indian-American entrepreneur as senior policy advisor for AI

Sriram Krishnan's career path took him to Facebook in 2013, where he led the company's product and business divisions. A brief tenure at Snapchat in 2016 preceded his move to Twitter (now X) in 2017, where he led several core consumer product teams. (Image source: LinkedIn)

Former Microsoft employee and close ally of Elon Musk, Sriram Krishnan will help shape US AI policy under Trump’s leadership.

Auto, telecom, retail, and e-commerce lead India’s CY24 IPO boom: Report

A significant portion of funds raised—43%—was concentrated among just five companies: Hyundai Motor (Rs 278.6 billion), Vodafone Idea (Rs 180 billion), Swiggy (Rs 113.3 billion), NTPC Green (Rs 100 billion), and Vishal Mega Mart (Rs 80 billion). Notably, companies from 23 different sectors participated in the IPO market this year, further underscoring its diversification. (Image source: Moneycontrol)

Automobiles emerged as a standout performer, with its contribution rising sharply from 4.1% in CY23 to 20.2% in CY24. Telecom also increased its share from 0.1% in CY23 to 12.8% in CY24, while e-commerce climbed from 1.6% to 8.2%.

We will continue to acquire because this is a proven model for us: Marico MD Saugata Gupta

India's FMCG sector is going through a major transformation, trying to balance several competing demands, Marico's MD and CEO highlighted in a year-end note.

Saugata Gupta MD and CEO of Marico, says that Marico is looking for acquisition in spaces where they believe there’s huge opportunity. “It has to be differentiated. For us, the quality of founders make a huge difference. Because we invest also in the founders, their ability to grow the organisation and grow it in an organic and sustainable way. Again, we also want them to leave a legacy rather than just making quick money.”

Google reduces manager and VP roles by 10% in its efficiency push, CEO Sundar Pichai reveals in an internal meeting

To stay competitive, Google has aggressively integrated generative AI technologies into its offerings. Notably, the company has launched new AI features, such as a video generator, and unveiled the Gemini model, which includes a "reasoning" feature that showcases the AI’s decision-making process.

In September 2022, Pichai outlined a target for Google to improve efficiency by 20 percent. As part of this broader strategy, the company cut 12,000 jobs the following year to further streamline operations.