Tag: Trending

SEBI and Finfluencers: “You can’t regulate lakhs of people. You can’t attack freedom of speech…”, says Radhika Gupta, Edelweiss AMC

Finfluencers will face a massive revenue drop as brand deals evaporate, as firms will no longer risk collaborations that could land them in non-compliance with SEBI’s circular, say experts. (Representative Image: Mark Duffel via Unsplash)

“The best thing is to take your registered intermediaries and say that you guys should have nothing to do with this,” said Radhika Gupta about SEBI’s crackdown on finfluencers.

Finfluencer scams back in action: Use fake messaging to lure consumers

The proposed overhaul of these laws comes amid a surge in applications from non-governmental organizations, trade bodies, and private firms seeking permission to use terms like “India,” “Commission,” “Corporation,” and “Bureau” in their names.

A few finfluencers have been under scrutiny for using fake screenshots of inflated and wrongly depicted profits to lure consumers into buying their finance courses and Telegram channel subscriptions.

Why Mukesh Ambani is betting on Reliance Retail to spearhead RIL’s future growth

As of FY23, the retail business contributed 12 percent to the group’s EBITDA, up from 7 percent in FY19. This growth has been gradual in case of retail compared to Jio (from 17 percent in FY19 to 34 percent in FY23). (Image sourced via Forbes India)

RIL is banking on India’s per capita growth to lead its retail business’ explosive growth. India’s per capita income will likely hit $10,000 by 2050, going by the trend in the last 10 years. Ambani expects its retail business to ride this growth.

What did Mukesh Ambani say about Moneycontrol, firstpost & News18 brands?

Mukesh Ambani mentioned that Network18’s home-grown digital news platforms Moneycontrol and Firstpost are striving to set benchmark globally every single day.

Mukesh Ambani spoke about Reliance’s media business Network18’s growth and performance. He said that similar to the other companies under the Reliance umbrella, Network18 too has made great progress to become the top news network in India.

JioCinema has now become India’s largest digital entertainment destination: Mukesh Ambani

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."

JioCinema will soon be launching more features like multi video, picture in picture and multilingual support for Indian languages.

Reliance AGM: Reliance Retail among the top 10 most-visited retailers in the world

This valuation is higher than the Rs 8.27 lakh crore valuation bestowed on Reliance Retail three weeks ago when Qatar’s sovereign investment fund QIA picked up a 0.99 stake in the company for Rs 8,278 crore. (Images sourced via Forbes India)

Marquee investors have shown interest in Reliance Retail, says Mukesh Ambani. Key updates from Reliance Industries’ 46th Annual General Meeting (AGM).

Emergence of A.I and its global impact on business; Media Dialogues with Storyboard18

From left to right - M V S Murthy, CMO of Federal Bank; Jagdish Ramaswamy, president & CDO at Hindalco Industries; Leandro Perez, CMO of APAC at Salesforce; Sameer Shetty, head of digital business and transformation at Axis Bank; and Sumeet Bhojani, head of marketing communications at Godrej Interio

Storyboard18’s Delshad Irani speaks with an expert panel of leading business, transformation, and marketing executives to decode effective use cases of AI-led tools across industries.

Elon Musk finally announces new Twitter CEO

Elon Musks dog, the famous crypto Shiba Inu, Floki is Twitter's new chief executive. Musk tweeted hilarious images of his dog posing as the new head honcho along with supplementing props. (Image source via Twitter - @elonmusk and @mashable)

Elon Musk took to Twitter to post pictures of his dog Floki, jokingly announcing him as the new chief executive of the company.