Author: Kashmeera Sambamurthy

Hyundai India driving towards an IPO?

It was further stated that Hyundai, which enjoys a 15 percent market share, is seeking money that may value its company at as much as $30 billion. (Image source: Unsplash)

On February 6, it was reported that South Korean carmaker Hyundai had plans to list Hyundai Motor India in order to raise $3 billion. But, Hyundai Motor Company highlighted that it is yet to take a decision on this front.

There is a difference between courage and foolhardiness, says ASCI Chief on Poonam Pandey controversy

Manisha Kapoor, CEO and secretary-general said, "It is an exciting time for brands and digital campaigns with so many avenues for creative expressions. However, there appears to be a genuine shortage of creative minds for all the content that is sought to be commissioned. Sensationalist and deceptive campaigns appear like short cuts that fill the gap."

Manisha Kapoor, CEO and Secretary-General, Advertising Standards Council of India (ASCI), said, “I would like to believe that ethics, truthfulness and courage are cultural values that rest even within new age digital firms. Even while agencies push boundaries, because that is what creativity is about, there is a need for a moral compass that drives decision making and creative strategy.”

Disney to invest $1.5 billion in Fortnite maker Epic Games

“Disney was one of the first companies to believe in the potential of bringing their worlds together with ours in Fortnite, and they use Unreal Engine across their portfolio,” said Epic Games founder and CEO Tim Sweeney

Disney plans to launch a ‘games and entertainment universe’ that integrates the entertainment conglomerate’s storytelling into Epic’s popular game Fortnite.

HUL’s Kartik Chandrasekhar quits; HUL top level rejig

Chandrasekhar began his career as a management trainee at Unilever and went on to rise through the ranks as head of oral care and skin cleansing for D&E markets and global brand lead - Pepsodent.

Kartik Chandrasekhar was to take up the position of executive director, personal care from April 1, 2024.

Disney on pace to meet or exceed goal of cutting costs by at least $7.5 billion by end of fiscal 2024

When rival platform Netflix cracked down on password sharing, it gained nearly 22 million subscribers as a result, in the second half of 2023. (Image source: Moneycontrol)

For the quarter, Disney’s net income rose to $1.91 billion, up from $1.28 billion, in the prior-year period. Revenue was about flat at $23.55 billion, compared with $23.51 billion in the year-ago quarter.

Storyboard18 DNPA Conclave: Machines cannot create, imagine or see into the future

Prabhu asserted that the impact of AI would need to be studied dispassionately, objectively, and specific to the country likely to be affected. According to the International Monetary Fund, almost 40 percent of jobs would be affected worldwide.

At the DNPA Conclave and Awards 2024, Shubhranshu Singh, chief marketing officer of Tata Motors Commercial Vehicles, moderated a discussion on artificial intelligence and its impact on livelihoods and jobs.

Disney, Fox and Warner Bros Discovery unite to launch new sports streaming service

The new entity will be jointly owned by the three media companies, which will have equal board representation and agree to license their sports content on a non-exclusive basis. An independent management team will operate the new entity. (Image source: Unsplash)

The three major media companies are creating a joint sports streaming platform, combining 14 linear networks in the US.

Exclusive: Wipro Consumer calls for a creative pitch for flagship brand Santoor

In 1985, Santoor was launched as a soap with ingredients like sandalwood and turmeric. Santoor was relaunched with its classic sandalwood and turmeric soap Santoor Orange and introduced a new campaign which was developed by Fortuity Communications, an event management, advertising and marketing company.

Wipro calls for a creative pitch for Santoor, the country’s second-largest selling soap brand with sales of over Rs 2,650 crore.

HUL leadership changes: Deepak Subramanian to move overseas, Shiva Krishnamurthy and Srinandan Sundaram get new roles

Multinational company Hindustan Unilever has appointed key changes to its leadership committee.

Shiva Krishnamurthy, who is currently the vice president, foods and beverages, South Asia, will step into the shoes of Srinandan Sundaram who is currently the executive director, foods and refreshment. Sundaram will lead HUL as executive director, homecare and will replace Deepak Subramanian.