Kashmeera Sambamurthy – Page 63

Tarun Chhabra to be Nokia’s country manager; replaces Sanjay Malik

The firm, in a statement, said Chhabra will continue in his role of head of mobile networks market India in addition to assuming India country manager responsibilities.

Tarun Chhabra will be replacing Sanjay Malik who retires on March 31.

HC rejects Reebok’s plea seeking conversion to Limited Liability Company

The Registrar further said that various prosecutions have been filed by the Serious Fraud Investigation Organization (SFIO) against Reebok for offences under the Companies Act and the Indian Penal Code (IPC). (Image source: Unsplash)

The Delhi High Court upheld the RoC’s rejection of Reebok India’s conversion to Limited Liability Company.

Layoffs: Nokia India to cut 250 jobs as part of cost-cutting exercise and restructuring plan in India

In October 2023, Nokia had decided to reduce its cost base and increase operational efficiency and the programme is expected to lead to a 72,000 – 77,000 employee organisation compared to the 86,000 employees. (Image source: Moneycontrol)

The company also announced Tarun Chhabra as the new Country Manager for India. Chhabra will be replacing Sanjay Malik who is to retire on March 31.

Yum Restaurants may sell entire stake in Devyani International for Rs 815 crore

As of December 30, Yum Restaurants India held 5 crore shares in Devyani International. Yum Restaurants India had bought a 4.41 percent stake in Devyani International in September 2021 after which it had maintained its stake in the company. (Image source: YouTube)

Devyani International is the largest franchisee for Yum Brands which operates KFC, Pizza Hut, and Taco Bell in India and the sole franchisee for Costa Coffee.

NCLT restrains Star India from stopping Essel-backed Siti Network’s TV signals

Star had issued a disconnection notice to Siti on January 25 for non-payment of outstanding subscription dues, requiring the platform to make the payment within three weeks or face disconnection, as per reports. (Image source: Justdial)

Star-Siti wars continue, but the NCLT has granted interim relief to Siti.

Walmart International’s ad business grows 76 percent led by Flipkart and Mexico business

The combination would be expected to further accelerate Walmart’s media business in the U.S., Walmart Connect, bringing together VIZIO's advertising solutions business with Walmart’s reach and capabilities. These benefits would be further strengthened by the growth of connected TV platforms and Walmart’s industry-leading TV panel sales. (Image source: Unsplash)

Walmart has also crossed $100 billion in global e-commerce sales for the first time.

Zee says ‘not involved in any negotiations’ with Sony to salvage merger deal

On January 22, Sony terminated the proposed $10 billion merger with Zee first announced in December 2021 (Image source: Moneycontrol)

Zee clears the air on reports about a last-ditch effort to revive the $10 billion Sony merger deal that collapsed in January 2024.

Mother’s Recipe revamps its ‘Ready to Cook’ product packaging

The redesigned packaging specifies the cooking time for each food variant. The one-step cooking method is illustrated visually on the front bottom of the pack - simply take the pack, add water, and vegetables/paneer/chicken as desired.

The revised packaging features bright background colours in a matte finish, with green for all vegetarian variants, pink for all non- vegetarian variants, yellow for regional variants, and purple for seafood variants.

Doctors dedicating over 2-3 hours daily to digital engagement on platforms: Mirum Health report

One of the key highlights of the report is the growing trend of telemedicine and virtual consultations. These digital avenues have not only revolutionized patient care but also opened up new opportunities for HCPs to build thought leadership in their respective fields. (Image source: Unsplash)

With a focus on the online behaviour of Healthcare Professionals (HCPs), the report reveals how digital innovation is shaping thought leadership and transforming the traditional paths to purchase in the healthcare industry.

Airline brand IndiGo calls for a creative pitch, Wunderman Thompson is the incumbent

IndiGo was in the news recently for its customer service. Shaadi.com CEO Anupam Mittal criticised Indigo for its ‘inhumane’ treatment of passengers, mentioning two flights that encountered significant delays. (Image source: CNBC-TV18)

WPP-owned Wunderman Thompson India, which was recently merged with VMLY&R to create VML India, is the incumbent agency.