Media – Page 195 – storyboard18

Ashneer Grover apologises before Delhi High Court for social media posts against BharatPe

Last week, Grover had posted on X platform (formerly Twitter) about the equity allocation and secondary components undertaken during the unicorn’s Series E funding round. The $370-million fundraise valued the payments and financial services fintech at $2.86 billion

The Court accepted Ashneer Grover’s apology but said it will be subject to him paying Rs 2 lakh to Delhi High Court Clerks Association.

Meta could face legal action, penalties for “ensnaring” young people on Instagram, Facebook

The allegations are a part of a much larger lawsuit filed last month in California, Colorado and 31 other states in the US District Court for the Northern District of California. The states have accused Meta of trapping children on Instagram and Facebook despite studies indicating the likely harms of social media of young and impressionable age groups.

Zee Entertainment’s merger-related costs soar to Rs 176.2 crore in FY23

Following its merger with Sony Entertainment India, Zee Entertainment Enterprises Ltd. (ZEEL) is set to be delisted from FTSE Global Equity indices. Culver Max Entertainment, the entity representing Sony Pictures Networks India, will replace ZEE in the indices.

World Cup doesn’t result in large data push for telcos like Airtel and Vi

Much of the market’s 2024 growth stemmed from pent-up demand and the expansion into regions with lower smartphone penetration.

The World Cup did boost mobile data usage by 4 percent sequentially in the December quarter. However, the revenue growth as a result is modest at around 1 percent.

Raymond boss Gautam Singhania writes to board and employees, assures smooth functioning of biz

Despite the personal controversy, Raymond Ltd. highlighted Singhania's past achievements and leadership qualities in the regulatory filing announcing his re-appointment. (Image sourced via Instagram)

In an internal email accessed by CNBC-TV18, Gautam Singhania wrote he remains resolute as the Chairman and Managing Director and is fully committed towards the smooth functioning of the company and its business.

India’s ad spending soars by 15.5 percent! Exclusive with MIB’s Apurva Chandra

Crime and such explicit content is good for TRP but it is not ideal for TV channels to show them. However, it's for the channels to decide what they want to show.

A report highlights a 15.5 percent increase in ad spending in India, reaching Rs 1,46,450 crore in 2023. India has risen in global ad spending and remains the fastest-growing market among the top 10 worldwide.

IT Minister Ashwini Vaishnaw: 99.2 per cent of mobiles ‘Made in India’

Ministry of Info & Broadcasting and MeitY have pushed for the ethical use of Artificial Intelligence (AI) in media and technology sectors, as concerns about misinformation, deep fakes, and biased algorithms continue to emerge.

The growth of the mobile sector has strengthened the domestic manufacturing ecosystem and reduced India’s dependence on foreign imports.

NCLAT defers final hearing of Google’s appeal against CCI’s Rs 936 crore penalty

AI took center stage in the realms of healthcare and travel. (Representative Image: Brett Jordan via Unsplash)

The NCLAT released a notice on November 24 deferring the hearing of Google’s appeal, the appellate tribunal was to commence the hearing on November 28.

Getting the right media mix for marketing is a blend of art and science

The report also said that there was a 2 percent drop in advertising FCT (free commercial time)in 2023 over 2022. A drop was witnessed for 9 out of 12 months with only a marginal increase of 2percent in April to June quarter. (Representational image by Nabil Saleh via Unsplash)

For media planners, the profusion of options makes it challenging to find the optimal mix of touchpoints for any given media task.

Mahendra Singh Dhoni invests in fitness startup Tagda Raho

The brand wanted to bring the same meme to life, but this time, getting Dhoni to sing the song while educating customers about their e-cycles. A huge win for the internet.

Tagda Raho claims to be the world’s first and only fitness programme that marries traditional Indian equipment with modern raining applications.