Media – Page 189 – storyboard18

Hyundai announces Deepika Padukone as brand ambassador

Bollywood actor Deepika Padukone, last seen in Singham Again, was one of the first to call out the remarks, sharing the company's statement on her Instagram stories with the caption, "And they just made it worse."

This partnership promises a mutually beneficial tie-up, leveraging her strong emotional bond with the Indian audience making her an ideal Brand Ambassador for Hyundai Motor India.

The fate of the 1.5 billion dollar ICC TV rights deal between Zee and Disney Star

The decision however, still requires the green light from lenders, employee groups and regulators. (Representative image by Pablo García Saldaña via Unsplash)

Recently, news of a potential merger between Viacom18 and Star India has been floating after Disney Star’s parent Walt Disney signed a non-binding agreement with Reliance Industries (RIL). If the ICC deal is likely to fall through, it will have massive influence on the due diligence of Walt Disney as well as RIL.

Minority shareholders reject appointment of Dish TV independent directors

Dish TV has appointed Neelam Gupta & Associates as the Secretarial Auditors of the Company for FY25

The latest flare-up is part of an ongoing rift between the promoter family and minority shareholders over alleged lapses in corporate governance.

BCCI to prevent Chinese brands from bidding for IPL title sponsorship rights

Last year, the Bombay High Court directed the BCCI to seek the opinion of the Supreme Court regarding the issue (Image source (from left to right): Moneycontrol and Unsplash)

The BCCI has made it clear that it will not entertain bids form Chinese companies, indicating that it will not seek relationships with countries that do not have friendly ties with India.

Google announces 30000 layoffs from ad sales division post new AI innovation

1.5 Flash excels at summarization, chat applications, image and video captioning, data extraction from long documents and tables, and more. (Representative Image: Lauren Edvalson via Unsplash)

The new innovations can automatically suggest and create ads for customers, requiring basically, no human intervention. This development renders the ad sales unit essentially redundant.

Radio advertising sees 7 percent growth in ad volume during July-September quarter: TAM

During the provisional empanelment period, the base rate applicable to Private FM Radio stations for which no IRS (Indian Readership Survey) data is available will be applied.

Kedia Homes, LIC Of India, Maruti Suzuki India, Vishnu Packaging and SBS Biotech were the leading advertisers in the period.

Zee Sony Merger: ZEEL and Sony get one month extension to close $10 billion merger

After the deal was terminated in January, Zee apparently has reached out to the Sony executives to reconsider the termination and has also offered for talks this month.

The one-month grace period starts December 21, the initial deadline for the merger.

The Press and Registration of Periodicals Bill, 2023 passed in Lok Sabha

Thakur said, “4 lakh crore sale happened of local items. This happened after PM appealed for ‘Vocal for Local’ and he asked people to buy local products. This shows how much people consider PM.” (Image source: official website - anuragthakur.in)

The bill aims to replace the current Press and Registration of Books Act, 1867.

Zee-Sony Merger: Is Punit Goenka’s leadership giving Sony cold feet?

The companies will also withdraw the respective Composite Schemes of Arrangement from the NCLT and inform the relevant regulatory authorities.

Sony agreed to discuss Zee’s deadline extension request. Upcoming NCLAT decision and SEBI investigation critical for deal.

Lok Sabha passes Indian Telecommunications Bill 2023

Unregistered machine-to-machine service providers to register by month-end, says DoT. (Representative Image: Chris Anderson via Unsplash)

The primary aim of the bill is to replace the current regulatory framework governing the telecommunications sector, which is the Indian Telegraph Act of 1885, the Wireless Telegraphy Act of 1933, and the Telegraph Wires (Unlawful Possession) Act of 1950.