Month: January 2024

Sony Pictures Networks India extends exclusive UFC broadcast rights in Indian subcontinent

Highlighting the impact of CTV in India, the report explores key aspects such as the surge of 32 million CTV users, evolving viewing trends, Indian audience behavior, the influence of CTV on ad recall and buying choices. (Representative Image: Glenn Carstens-Peters via Unsplash)

The terms of the agreement include exclusive television and digital media rights for a wide range of UFC events through 2028.

GroupM hires Gurpreet Singh as head of performance

In his new position at GroupM Nexus, Gurpreet Singh will be responsible for driving a high-performance culture. He will play a pivotal role in deploying the latest technology, data, and automation solutions.

Singh joins the GroupM Nexus India from Performics – Publicis Groupe, where he held the position of managing partner.

MIB invites comments on guidelines of accessibility standards in theatres

The proposed guidelines include crucial definitions, accessibility standards, Indian sign language guidelines, how accessibility can be achieved in feature films, highlights on processes and implementation, role of exhibitors, details of public awareness and details on grievance redressal. (Representational image via Unsplash)

Stakeholders are expected to share their feedback by February 8, 2024.

Sydney Sweeney joins Laneige as its first global brand ambassador

Their global partnership is now extended to cover around 40 countries all over the world. (Image sourced via Forbes)

Sweeney, who has been signed to Laneige US as their brand ambassador for the past 18 months with remarkable leads in projects including Euphoria, White Lotus, and more recently Anyone But You, will star in a series of new skincare campaigns for the internationally acclaimed K-beauty brand.

Mercedes-Benz registers highest ever growth in India, embarks on 30th year of operations

The company plans to double the solar energy capacity at the manufacturing plant and triple the recycling capacity in 2024. (Representative Image: Victor Sutty via Unsplash)

The luxury car maker sold 17,408 vehicles in the calendar year 2023, registering a 10% growth over 2022. This was the best year for the auto major in terms of sales and the best fourth quarter with 4,640 units sold.

FMCG shares take a beating after Q3 business update points to flat sales

In Q3FY24, Marico’s India business also posted volume growth of 2 percent, which dipped sequentially primarily due to a stock reduction undertaken across key portfolios as a part of the aforesaid initiatives to support the company’s GT channel partners(. Representative Image: Franki Chamaki via Unsplash)

Volume projections too, failed to impress. Godrej Consumer Products’ volumes are set to grow in high-single digits in Q3FY24, while Marico’s volumes are expected to grow in low-single digits.

Swiggy Instamart’s vice president Sidharth Satpathy quits

Sidharth Satpathy began his career at HP. He has also worked with companies like Hindustan Coca-Cola Beverages, Johnson & Johnson, Marico and Reckitt Benckiser.

Anirban Roy, who is currently the performance marketing head of Amazon India, will step into Sidharth Satpathy’s shoes.

WinZO partners with academicians from IIT, Stanford to address skill versus chance issue in gaming

WinZO also partnered with the Indian Institute of Technology-Delhi (IIT-D), the Delhi Technological University (DTU), the Netaji Subhash University of Technology (NSUT), and the IIITD to launch its new cyber security programme, Code Health and Security Evaluation (CHASE). (Representative Image: Omid Armin via Unsplash)

WinZO has partnered with the Indian Institutes of Technology (IIT) Delhi, IIT Kanpur, and IIT Madras, as well as the Stanford University, the California State University, among others.