Zee Media issues clarification regarding SEBI fine on ‘Zee Business’ guest experts

GST authorities crack down on Zee Entertainment

The statement read, “Certain media reports have been published wherein the headlines suggest that fines were imposed on ‘Zee Business guest experts’. The Company wishes to clarify that these Noticee(s) are external and independent guests with whom the company had no relation beyond their TV appearances on Zee Business Channel.”

Paytm Ecommerce renames itself to Pai Platforms

As per reports, the company had seemed approval for the rebranding a few months ago and got the go-ahead on Wednesday. (Image sourced via Forbes India)

Furthermore, Paytm has acquired Innobits Solutions Private Limited (Bitsila), an ONDC seller, established four years ago, as per reports. Paytm through, has denied any news of acquisition.

Paytm crisis: Former BharatPe founder Ashneer Grover slams RBI and “60-year olds” running it

Grover on March 12 tweeted, “SBI Chairmen seem to be petty people. And something very wrong at their core. I learnt it the hard way. So did SC. ;)” 

Ashneer Grover said, “In the RBI, individuals responsible for making decisions and handling calls are typically around 60 years old… there seems to be a lack of trust in a 40-year-old individual, especially if they are considered a Maverick, to run a core system,”

Nikhil Kamath announces Rs. 50 lakh fund to combat climate change

The episode delved into the intricacies of energy transition, emphasizing the critical role of renewable energy sources, such as solar, nuclear, and wind, in combating climate change. (Image source: Forbes India)

Nikhil Kamath along with climate pioneers such as Sunita Narain, Bhumi Pednekar, Navroz Dubash, and Mirik Gogri, announced the allocation of ₹50 lakh to a charity that pioneers combating climate change in the country.

Print struggles while OOH, radio, and cinema hold steady in 2023 AdEx: Reports

As per a dentsu report, the advertising industry in the country clocked 8.6 percent growth in 2023, reaching a market size of Rs 93,166 crore. Projections indicate a further 9 percent growth, targeting Rs 1,01,591 crore by the end of 2024. (Photo by Yonghyun Lee on Unsplash)

According to a dentsu report, in 2023, print media contributed 20 percent to the total advertising spends of the year, witnessing a 1.8 percent decline over 2022.

Wall Street predictions too optimistic? Google, Snap record poor digital ad growth figures

The study also reveals that overall attrition rates declined to 17.7 percent in 2024 from a high of 18.7 percent in 2023 and 21.4 percent in 2022, indicating the availability of a larger talent pool post the Great Resignation.

Wall Street’s prediction of 14 percent increase in digital advertising in 2024 might just have been too optimistic.