Tag: Media

Paytm Payments Bank board see two independent directors resign

Well, the FinTech versus bank debate has been a long-standing one. The RBI recently granted Zomato Payments Private Limited a payment aggregator license. This allows the company to allow e-commerce transactions on its platform.

As of now, post the exits, PPBL’s board consists of three independent directors. Arvind Kumar Jain, former executive director, Punjab & Sind Bank, ex-Accenture managing director Pankaj Vaish, and former Department for Promotion of Industry and Internal Trade (DPIIT) secretary, Ramesh Abhishek.

Unilever CEO says negative pricing helped see volume growth in India

Unilever talks about creating proUd, its global employee resource group whose mission is to be 'a beacon of inclusion for people in the LGBTQI+ community and allies, amplifying their voices in society and at Unilever'. (Image sourced from Unilever's website)

We have seen a volume growth, so the minus 2 percent on pricing was balanced by a 2 percent volume growth. I think that’s a positive for India,” Unilever CEO Hein Schumacher said in an earnings call.

Zero tolerance to any content violations from platforms and users involving minors: MoS Rajeev Chandrasekhar

When asked if the IT Rules are far-reaching Chandrasekhar said, “Anybody who characterizes the IT Rules as being arbitrary or far reaching or censorship has not read the IT Rules well.”

Rajeev Chandrasekhar, Minister of State, Electronics and Information Technology, Government of India, on platforms and safety of digital Nagriks.

ex-TikTok employee sues company for wrongful termination based on sex, age bias

In a joint statement, Puris’s lawyers Marjorie Mesidor and Monica Hincken said that she faced swift retaliation for complaining about discrimination despite being "enormously successful" at her job. (Representative Image: Solen Feyissa via Unsplash)

Katie Puris stated in the complaint filed in Manhattan federal court, that her firing in 2022 was the result of a series of incidents, where she reported bias and even sexual harassment to supervisors and human resources.

Ayodhya welcomes KFC with caveat: No chicken, just finger-lickin’ vegetarian goodness

Food and beverages led ad volumes at 15 percent, followed by services at 14 percent and building, industrial and land materials or equipment at 13 percent. (Image source: Moneycontrol)

KFC has currently set up on the Ayodhya-Lucknow highway because of the restrictions. Vishal Singh, government official in Ayodhya said that KFC too will be provided a space in Ayodhya if it decides to sell only vegetarian items.

SoftBank India portfolio valued at nearly $14 billion; Flipkart among top 15 most valued portfolio companies

Contrary to some assumptions, the majority of traffic to MFA sites is legitimate, with real users visiting these pages rather than bots. (Representative Image: Mathieu Stern via Unsplash)

SoftBank also made full exits from Policybazaar and Zomato. It also exited PhonePe which was part of a dividend payout from the Flipkart investment.

Parliamentary Committee asks government for comprehensive act to regulate cable TV industry

The Ministry, in accordance with Regulation 15(1) of the Interconnection Regulation, 2017, mandated that every distributor of channels must conduct an annual audit of their system. (Representative Image: Piotr Cichosz via Unsplash)

According to the panel, one of the biggest concerns of the cable TV industry has been pricing of channels by broadcasters and the negative impact on the cable tv industry.

Modi family inheritance dispute: Samir Modi wishes to keep ownership of flagship company Godfrey Philips

According to sources, the trust deed proposed that KK Modi's wife and three children share the inheritance equally.(Image sourced via Forbes India)

Bina Modi, the current CEO of Godfrey Phillips, is at the center of the dispute, with Samir alleging that she has taken control of the company in violation of the trust deed’s provisions.