Media – Page 53 – storyboard18

December auto sales preview: Two-wheeler sales expected to surge 30 percent; Bajaj Auto, TVS likely top performers

As per the poll, Bajaj Auto's total sales are seen rising 25 percent to 3.51 lakh units and TVS Motor's auto sales may increase by 30 percent to 3.14 lakh units. (Representative image by SP UltraK via Unsplash)

Bajaj Auto’s total sales are likely to have risen 25 percent to 3.51 lakh units and TVS auto sales may have increased by 30 percent to 3.14 lakh units in December.

Hyundai announces Deepika Padukone as brand ambassador

Deepika Padukone has endorsed several Indian brands such as Asian Paints, Jio, Dabur, Tanishq, and Axis Bank, as well as international brands such as Chopard and Levi’s.

This partnership promises a mutually beneficial tie-up, leveraging her strong emotional bond with the Indian audience making her an ideal Brand Ambassador for Hyundai Motor India.

The fate of the 1.5 billion dollar ICC TV rights deal between Zee and Disney Star

The decision however, still requires the green light from lenders, employee groups and regulators. (Representative image by Pablo García Saldaña via Unsplash)

Recently, news of a potential merger between Viacom18 and Star India has been floating after Disney Star’s parent Walt Disney signed a non-binding agreement with Reliance Industries (RIL). If the ICC deal is likely to fall through, it will have massive influence on the due diligence of Walt Disney as well as RIL.

Minority shareholders reject appointment of Dish TV independent directors

In December 2023, as per Moneycontrol, the standoff between promoters and minority shareholders of Dish TV India Ltd escalated after close to 71 percent of the company’s shareholders rejected the appointment of four independent directors over corporate governance concerns at the extraordinary general meeting (EGM) held on December 22. (Image source: Moneycontrol Hindi)

The latest flare-up is part of an ongoing rift between the promoter family and minority shareholders over alleged lapses in corporate governance.

BCCI to prevent Chinese brands from bidding for IPL title sponsorship rights

Last year, the Bombay High Court directed the BCCI to seek the opinion of the Supreme Court regarding the issue (Image source (from left to right): Moneycontrol and Unsplash)

The BCCI has made it clear that it will not entertain bids form Chinese companies, indicating that it will not seek relationships with countries that do not have friendly ties with India.

Google announces 30000 layoffs from ad sales division post new AI innovation

The court imposed a Rs 1 lakh fine on Google for providing inaccurate information and failing to disclose details about the European Patent Office's rejection of the patent application. (Representative Image: Lauren Edvalson via Unsplash)

The new innovations can automatically suggest and create ads for customers, requiring basically, no human intervention. This development renders the ad sales unit essentially redundant.

Radio advertising sees 7 percent growth in ad volume during July-September quarter: TAM

In December 2002, the Government of India approved a policy for the grant of licences for setting up of Community Radio Stations to well established educational institutions, including IITs/IIMs. The matter was reconsidered in the year 2006 and the Government decided to broadbase the policy by bringing ‘non-profit’ organisations like civil society organisations, voluntary organisations, etc, under its ambit in order to allow greater participation by civil society on issues relating to development and social change. (Representative Image: Csongor Schmutc via Unsplash)

Kedia Homes, LIC Of India, Maruti Suzuki India, Vishnu Packaging and SBS Biotech were the leading advertisers in the period.

Tag: Media