Tag: Media

Ashneer Grover apologises before Delhi High Court for social media posts against BharatPe

Last week, Grover had posted on X platform (formerly Twitter) about the equity allocation and secondary components undertaken during the unicorn’s Series E funding round. The $370-million fundraise valued the payments and financial services fintech at $2.86 billion

The Court accepted Ashneer Grover’s apology but said it will be subject to him paying Rs 2 lakh to Delhi High Court Clerks Association.

Meta could face legal action, penalties for “ensnaring” young people on Instagram, Facebook

Meta also rolled out reels on Facebook in 2022, allowing users to create and watch videos clips from creators. One could also view public reels from Instagram, if the creator chooses to recommend it on Facebook. (Image source: Unsplash)

The allegations are a part of a much larger lawsuit filed last month in California, Colorado and 31 other states in the US District Court for the Northern District of California. The states have accused Meta of trapping children on Instagram and Facebook despite studies indicating the likely harms of social media of young and impressionable age groups.

Zee Entertainment’s merger-related costs soar to Rs 176.2 crore in FY23

The Board of the Company, chaired by Mr. R. Gopalan, has instituted the required measures, to guide and mentor the management on a regular basis, in order to enable the team to achieve the set goals for the Company

Following its merger with Sony Entertainment India, Zee Entertainment Enterprises Ltd. (ZEEL) is set to be delisted from FTSE Global Equity indices. Culver Max Entertainment, the entity representing Sony Pictures Networks India, will replace ZEE in the indices.

World Cup doesn’t result in large data push for telcos like Airtel and Vi

S. Krishnan, Secretary MeitY Government of India, will attend the event as the Chief Guest, further emphasising the Government’s support for digital inclusivity initiatives. (Representative Image: Rodion Kutsaiev via Unsplash)

The World Cup did boost mobile data usage by 4 percent sequentially in the December quarter. However, the revenue growth as a result is modest at around 1 percent.

Raymond boss Gautam Singhania writes to board and employees, assures smooth functioning of biz

Nawaz Modi Singhania has filed a non-cognizable complaint against the Chairman and Managing Director of Raymond at the Gamdevi Police Station in Mumbai. (Image sourced via Instagram)

In an internal email accessed by CNBC-TV18, Gautam Singhania wrote he remains resolute as the Chairman and Managing Director and is fully committed towards the smooth functioning of the company and its business.

India’s ad spending soars by 15.5 percent! Exclusive with MIB’s Apurva Chandra

Crime and such explicit content is good for TRP but it is not ideal for TV channels to show them. However, it's for the channels to decide what they want to show.

A report highlights a 15.5 percent increase in ad spending in India, reaching Rs 1,46,450 crore in 2023. India has risen in global ad spending and remains the fastest-growing market among the top 10 worldwide.

IT Minister Ashwini Vaishnaw: 99.2 per cent of mobiles ‘Made in India’

Publishers across board and the Digital News Publishers Association (DNPA) has been in constant dialogue with the Ministry of Electronics and Information Technology to push for introducing changes in the amendment to existing IT rules. (Image source: Moneycontrol)

The growth of the mobile sector has strengthened the domestic manufacturing ecosystem and reduced India’s dependence on foreign imports.

NCLAT defers final hearing of Google’s appeal against CCI’s Rs 936 crore penalty

Financial Times reported on Google’s possible revenue shake-up, stating, "Google is looking at options including adding certain AI-powered search features to its premium subscription services, which already offer access to its new Gemini AI assistant in Gmail and Docs, according to three people with knowledge of its plans." (Representative Image: Brett Jordan via Unsplash)

The NCLAT released a notice on November 24 deferring the hearing of Google’s appeal, the appellate tribunal was to commence the hearing on November 28.

Getting the right media mix for marketing is a blend of art and science

The report also said that there was a 2 percent drop in advertising FCT (free commercial time)in 2023 over 2022. A drop was witnessed for 9 out of 12 months with only a marginal increase of 2percent in April to June quarter. (Representational image by Nabil Saleh via Unsplash)

For media planners, the profusion of options makes it challenging to find the optimal mix of touchpoints for any given media task.