Media – Page 138 – storyboard18

‘We earnestly apologise for the mistake made in publishing our advertisements’: Patanjali Ayurved issues apology

Patanjali's Chyawanprash ad under scrutiny as Dabur seeks immediate relief

In the ongoing misleading ads case, Baba Ramdev’s Patanjali Ayurved has put out an apology in the newspapers.

Who are Time magazine’s most influential Indians and individuals of Indian origin?

The list shines a spotlight on the remarkable contributions of Indians and individuals of Indian origin.

From entertainment to technology, sports, and social activism, these exceptional individuals have not only conquered their respective domains but have also captured the imagination of millions worldwide.

‘Is the apology as big as your advertisements?’, SC asks Baba Ramdev’s Patanjali Ayurved

Justice Hima Kohli asked, ”Has the apology been published prominently? Same font and size as your earlier advertisements?” To this, Rohatgi said that they had spent lakhs on publishing the apologies. The court replied saying, "We are not bothered.” (Image source: Moneycontrol)

The bench also asked why the apologies were filed yesterday and not earlier. Advocate Mukul Rohatgi, appearing for Ramdev and Managing Director Acharya Balkrishna, said that the apology was published in a total of 67 newspapers and cost around Rs. 10 lakh.

Reliance Industries Q4 results: Annual revenue crosses a record Rs 10 lakh crore

Commenting on the results, Mukesh Ambani, Chairman and MD, RIL said: “...All segments have posted a robust financial and operating performance. This has helped the Company achieve multiple milestones."

Reliance Industries Ltd (RIL) reported a record annual consolidated revenue of over Rs 10 lakh crore, driven by continued growth momentum in consumer businesses and upstream business.

Industry leaders meet TRAI chairman to address concerns on broadcasting and cable services’ regulatory framework

Earlier, in March 2024, the Ministry of Information and Broadcasting blocked 18 OTT platforms for publishing obscene, vulgar, and, in some cases, pornographic content.

Stakeholders are expected to make a formal submission on their inputs on the consultation paper to the TRAI chairman by the end of this month.

CCI calls for proposals for launching Market Study on AI and Competition in India

As per Kantar reports, while AI technologies are touching most internet users of India today, their usage is expectedly higher among the youth (19–24-year-olds) at 92 percent and interestingly, also at a high 81 percent for the older (45+ year old) age bracket.

The Competition Commission of India (CCI) has invited proposals for launching Market Study on Artificial Intelligence and Competition in India, as AI-tech advances in all fields. The last date for submission of proposals is June 3, 2024.

NCLT admits IBHFL’s personal insolvency plea against ZEE’s Subhash Chandra

SEBI has been investigating the alleged fund diversion by Chandra and his son Punit Goenka.

The NCLT admitted Indiabulls Housing Finance’s (IBHF) personal insolvency plea against Zee Entertainment Enterprises Limited (ZEEL) chairman emeritus Subhash Chandra.

Pay TV industry demands freedom to set prices, citing OTT competition

Prasar Bharati has recently revised its e-auction policy for DD Free Dish slots allowing HD channels to participate in the bidding process. But with the latest TRAI tariff regulations, these HD channels too have to convert to FTAs to be on DD Free Dish.

The matter was discussed in an open house discussion that addressed issues raised in the 2023 Consultation Paper on ‘Review of Regulatory Framework for Broadcasting and Cable services’.

Omnicom Q1 2024 Results: Revenue of $3.6 bn, with organic growth of 4.0 percent

“Omnicom began the year with solid organic revenue growth of 4.0%, led by continued strength in our advertising & media and precision marketing disciplines, including Flywheel Digital,” said John Wren, Chairman and Chief Executive Officer of Omnicom.

Worldwide revenue growth in the first quarter of 2024 compared to the first quarter of 2023 was led by an increase in organic growth of $136.9 million, or 4.0%.