India News & Trends

Why the fundamental fault lines in the business won't be resolved by the Omnicom–IPG merger

Why the fundamental fault lines in the business won't be resolved by the Omnicom–IPG merger

The Omnicom–IPG merger is now more than just a balance-sheet event as India's advertising sector faces one of its largest structural changes in decades. In a sector already struggling with AI disruption, customer distrust, and shifting talent economics, it is a stress test for scale, relevance, and trust.Veteran executives Ashish Bhasin, Anita Nayyar, Shubho Sengupta, and Kunal Lalani provide starkly different interpretations of what consolidation actually means, including whether it signals the emergence of a three-player oligopoly, a long-overdue efficiency reset, or a defensive reaction to an industry that has already moved on.One thing unites their opinions: size by itself is no longer a guarantee of advantage. The next stage of competition will be characterised by speed, specialisation, and credibility rather than scale as holding corporations compete to handle conflicts, merge cultures, and reassure clients. In 2026, artists, agencies, and advertisers will focus more on who still matters than on who is the biggest."This era of consolidation in advertising and media did not begin recently—it has been unfolding over the past decade," notes Ashish Bhasin, founder of The Bhasin Consulting Group and former CEO APAC, Dentsu. He reminds us that media owners and broadcasters have travelled the same route as agencies, with mergers like Star and CNBC indicating what was to come. Given that "the top four or five holding companies now account for nearly 80–85% of the market share," as noted by Bhasin, the merger of Omnicom and IPG seems like the next obvious step. The level of competition has changed. "A very formidable competitor emerges for WPP," which has long maintained the top spot in India, as a result of the merger. "Going forward, WPP, Omnicom, and Publicis are likely to become the three largest holding companies in India," according to Bhasin, who envisions a market dominated by three titans. Scale will continue to be important, especially in the media, driving rivalry and making "further consolidation inevitable."However, Bhasin takes pains to avoid portraying this as everyone else's demise. He acknowledges that "the overarching trend clearly points towards consolidation," but adds that "India remains a large and fast-growing market, so there is space for multiple players to coexist."  

Published 31 Dec 2025 11:11 PM

Network18 defies industry slowdown; Rahul Joshi charts bold growth path for 2026

Network18 defies industry slowdown; Rahul Joshi charts bold growth path for 2026

In a year when the majority of advertising-driven media firms struggled with diminishing earnings, dwindling viewership, and industry consolidation, Network18 has reported growth in all of its major businesses while increasing its emphasis on relevance, subscription, creative collaborations, and digital-first expansion.Rahul Joshi, Managing Director & Group Editor-in-Chief at Network18, stated in an internal year-end message to staff members that the organization had "beaten the odds" in a difficult year for classic news formats by emphasizing unique content, ecosystem thinking, and non-traditional revenue streams. The group established Creator18 to bolster its creator economy strategy, providing a platform for a variety of digital artists while also utilizing their audiences to increase relevance and income share. Additionally, the business emphasized a fresh emphasis on high-quality tools, research, and insights across its major brands, Moneycontrol and CNBC-TV18, as opposed to chasing "click-baity" traffic.Joshi emphasized the quick expansion of Moneycontrol's lending platform, the success of MC Pro, which has over a million users, and the early popularity of SuperPro, which targets high-value traders and investors and increases average revenue per user. He reaffirmed that the company's next growth phase will be defined by non-news content, digital tools, and product innovation. Stronger advertiser access, even from emerging markets, is made possible by the regional news cluster's ongoing multilingual expansion, which is bolstered by a robust national sales network and improved digital outreach. According to Joshi, the firm is still "de-risked" in comparison to its traditional ad-dependent counterparts because subscriber income is growing, transactions are scaling, and events and IPs are bolstering heritage monetization.He acknowledged the structural changes in media consumption, particularly among Gen Z, and pointed out that speedier, platform-native storytelling is becoming more relevant than conventional news formats. With a greater emphasis on CTV and social media, he emphasized that Network18's brands will lead with subtlety, intelligence, and digital-first execution, driven by platforms like Firstpost, Kadak, News18 India, and CNN-News18. Joshi declared 2026 to be a "mission mode" year to foster youthful leadership, experiment vigorously, and keep reinventing the future of Indian news media as he celebrated his ten years with the organization. "We made 2025 count in a year that was really difficult for many. He used Roald Dahl to encourage teams to maintain their faith in "magic" in the face of change, saying, "Let's make 2026 rock."  

Published 30 Dec 2025 10:03 PM

On December 26, 2025, India will have early access to Now You See Me, Now You Don't.

On December 26, 2025, India will have early access to Now You See Me, Now You Don't.

The widely watched heist-adventure show With an early access release set for December 26, 2025, NOW YOU SEE ME: NOW YOU DON'T will make its digital premiere in India, offering viewers looking for a premium watching experience a rental fee of INR 499. The movie will be accessible on several key digital platforms, like as Google/YouTube, Apple TV, and Amazon, giving viewers a variety of ways to enjoy the magical series. The film NOW YOU SEE ME: NOW YOU DON'T, which was directed by Ruben Fleischer, brings back the Four Horsemen along with a new generation of illusionists. It offers an exhilarating mix of mind-bending twists, shocks, and expansive magic sequences that have never been seen on screen before. With bold illusions and intense storytelling, the movie raises the stakes while maintaining the franchise's trademark blend of spectacle and tension.Along with an ensemble cast that includes Dave Franco, Woody Harrelson, and Jesse Eisenberg, the movie maintains the adventurous tone of the trilogy while adding new characters and audacious new heists. The Now You See Me franchise, which is well-known for its chic graphics and deft storytelling, has amassed a sizable worldwide following thanks to its distinctive blend of magic and criminality.  

Published 23 Dec 2025 11:00 PM

How an Indian Gen Z leader is reinventing design education

How an Indian Gen Z leader is reinventing design education

Director of the JD Institute of Fashion Technology Rinesh Dalal talks with Adgully about his experience reinventing design education through innovation, entrepreneurship, and creativity. Dalal, who joined the education sector at the age of 18, offers a unique combination of strategic thought and artistic vision to his leadership position. He considers creating experiential learning ecosystems outside of classrooms, from fostering creative communities and supporting emerging talent to extending the JD tradition into digital-first platforms like JDOnline and JD Podcast. Dalal also discusses how technology, narrative, and purpose will continue to influence design education in India.I was never ready to start working at such a young age, much less establish my own business. I had intended to continue my education in film in London, but because my family is very business-oriented, I decided to use that money to start my own company. In retrospect, I can see how much I have developed both myself and inside the company. I joined JD Institute four years ago, and it has been two and a half years since I assumed full leadership. I have acquired extensive practical experience throughout this period, which enables me to firmly continue this tradition. As a member of the same generation as today's youngsters, I am aware of their goals, mindset, and the help they require at various phases of their development.JDOnline was developed to close the accessibility gap by enabling anybody, anywhere, to receive top-notch design education without being constrained by traditional classroom settings. JD Podcast helps students grasp the real-world dynamics of the creative industry by providing them with authentic talks, thoughts, and experiences from artists, entrepreneurs, and industry leaders. This helps close the industry awareness gap.  

Published 21 Dec 2025 09:53 PM

Venugopal Jeyandran Reliance Retail Ventures Ltd.'s President and CEO was appointed.

Venugopal Jeyandran Reliance Retail Ventures Ltd.'s President and CEO was appointed.

Jeyandran Venugopal, a senior executive from Flipkart, has been named President and CEO of Reliance Retail Ventures Ltd. (RRVL) by Reliance Industries Ltd. (RIL). In an effort to further accelerate growth in the fiercely competitive retail industry, India's largest retail conglomerate made the statement on December 3, 2025. This is a brand-new role that highlights RRVL's goal to implement an ambitious retail and omni-channel strategy and increase leadership depth.Background: Jeyandran Venugopal: Who Is He? In the Indian e-commerce industry, Jeyandran Venugopal is a well-known figure. He played a key role in growing the platform's operations and digital infrastructure while holding senior positions at Flipkart that were centred on technology, innovation, and customer experience. His move to Reliance Retail coincides with the company's rapid e-commerce expansion through JioMart, all the while preserving a robust offline retail presence in industries like fashion, electronics, luxury products, and grocery.Strategic Position in the Vision of RRVL Venugopal will collaborate closely with Isha Ambani, who leads RRVL's retail sector, in his capacity as President and CEO. Among his responsibilities will include Overseeing omni-channel integration and digital transformation Promoting innovation in consumer interactions and the supply chain Improving offline and online operations through data-driven decision-making increasing urban penetration and extending RRVL's reach throughout tier 2 and tier 3 cities His appointment demonstrates Reliance's desire to directly compete with Amazon, Walmart-Flipkart, and Tata Neu by utilising cutting-edge technology and customer data intelligence in addition to size.Reliance Retail Ventures Ltd. (RRVL), the retail holding company of Reliance Industries, is the biggest retail player in India. Its varied portfolio includes Trends, JioMart, Ajio, Reliance Fresh, and Hamleys Strategic alliances with international companies such as Burberry, Jimmy Choo, and Tiffany Recent acquisitions in fashion, food retail, and e-commerce that demonstrate a hyper-growth approach RRVL continued to dominate the market in terms of both revenue and physical store network in FY2024–2025, reporting record revenues.  

Published 04 Dec 2025 06:11 PM

The first female vice-chancellor of Nagpur University in a century is Manali Kshirsagar.

The first female vice-chancellor of Nagpur University in a century is Manali Kshirsagar.

With the appointment of Manali Makarand Kshirsagar as its first female vice-chancellor since its founding in 1923, Nagpur University has ushered in a new era. Her appointment is a significant advancement in inclusive leadership and contemporary scholarship. In the upcoming years, she is expected to steer the century-old university towards better research, digital learning, and transparent governance thanks to her solid credentials and administrative experience.Acharya Devvrat, the University Chancellor and Governor of Maharashtra, made the announcement. At 54 years old, Kshirsagar is about to begin her five-year term, bringing a new vision to the university’s administration. As an alumnus of the institution, she is expected to steer the university with deeper understanding and dedication. Kshirsagar’s selection is essential not just for the university but for the entire region. It stands for: Gender equality in leadership A shift to contemporary scholarly methods More transparency in administration Focus on digital and research-driven education This decision is considered as a long-needed reform for a university that is more than 102 years old.With her in charge, educators and students anticipate: Improved academic quality Better administrative systems Stronger industry partnerships More student-friendly initiatives A greater emphasis on modern governance and innovation Under her direction, the university will probably be able to adjust to the evolving demands of higher education and move towards a more forward-thinking and effective future.  

Published 03 Dec 2025 10:51 PM

JioBLAST appoints Manish Patankar as VP commercial partnerships

JioBLAST appoints Manish Patankar as VP commercial partnerships

  JioBLAST, the joint venture between Jio, RISE Worldwide, and BLAST shaping India's next generation of esports and competitive entertainment, today announced the appointment of Manish Patankar as VP-Commercial Partnerships.Manish joins JioBLAST with more than 12 years of experience in sports business, commercial strategy, and IP monetisation from some of the biggest sports and entertainment companies in India. His background includes previous entrepreneurial efforts at SahiCoin, leadership positions at Collective Artists Network, ITW Consulting, and IOS Sports & Entertainment. In his prior assignments, he spearheaded commercial strategy for sports IPs, scaled partnership revenues, and led major transactions with leagues, broadcasters, athletes, and brands.At JioBLAST, Manish will oversee commercial strategy across esports properties, large-scale IPs, partnerships, monetisation, and integrated opportunities across the JioBLAST ecosystem, establishing scalable revenue engines for India's rapidly rising esports audience. "Manish brings a rare blend of sports IP experience, brand solutions and dealmaking. His ability to build value with brands will be instrumental as we scale JioBLAST into India's largest multi-game esports platform. We're thrilled to have him onboard as we expand our ambitions across events, partnerships and the Jio ecosystem."JioBLAST is a joint venture between Jio, BLAST, and RISE Worldwide Limited, integrating Jio's 500+ million-strong digital ecosystem with BLAST's global expertise in esports entertainment and RISE's leadership in sports and event management. Together, they want to establish India's most engaging and scalable esports IP ecosystem - from world-class competitions to creator-driven entertainment formats.  

Published 03 Dec 2025 08:55 PM

FICCI President-Elect Anant Goenka for 2025–2026

FICCI President-Elect Anant Goenka for 2025–2026

Anant Goenka, the vice chairperson of the RPG Group, has been named the Federation of Indian Chambers of Commerce and Industry's (FICCI) 2025–2026 president-elect. A significant leadership change in one of India's oldest and most significant business chambers was announced on Tuesday.In addition to being the Vice Chairperson of RPG Group, a diverse Indian industrial conglomerate with interests in industries like infrastructure, IT, healthcare, and tires (CEAT), Anant Goenka is currently the Senior Vice President of FICCI. Within the RPG Group, Goenka, a third-generation business executive, is renowned for spearheading digital transformation and modernizing processes. He graduated from Northwestern's Kellogg School of Management and the University of Pennsylvania's Wharton School. A generational change and the increasing impact of young industry leaders in influencing India's policy and economic discourse are signaled by his appointment as FICCI president-elect. The incumbent FICCI President and Vice Chairman & Managing Director of Emami Group, Harsha Vardhan Agarwal, will be replaced by Anant Goenka. Second-generation businessman Harsha Vardhan oversaw FICCI during the 2024–2025 term. Under his direction, FICCI made a substantial contribution to business-government cooperation by concentrating on MSME reforms, exports, ESG, and inclusive growth.One of the most well-known business associations in India is the Federation of Indian Chambers of Commerce and Industry, or FICCI, which was established in 1927. Additionally, it is essential to Participating in policy debates on behalf of Indian industries Talking about economic reforms with the authorities Encouraging global trade alliances putting together prestigious events such as the India Innovation Summit, FICCI Frames, and FICCI Flo  

Published 16 Oct 2025 05:25 PM

Rajesh Khanna accused Salman Khan of betraying him by offering to labour for free in order to purchase his mansion, saying,

Rajesh Khanna accused Salman Khan of betraying him by offering to labour for free in order to purchase his mansion, saying, "Mujhe sadak par lana chata hai."

As India's "first superstar," Rajesh Khanna led an extravagant existence. Between 1969 and 1972, he set an unprecedented record of 15 consecutive solo hit films. During the height of his fame, he amassed substantial riches and properties. He even bought a mansion with a view of the sea on Carter Road, one of Mumbai's most desirable streets, and christened it Aashirwad. The cottage quickly rose to prominence and came to represent his unmatched fame.Aashirwad was purportedly purchased by Rajesh Khanna from fellow actor Rajendra Kumar in the early 1970s for about Rs 3.5 lakh. Author Gautam Chintamani writes in Dark Star: The Loneliness of Being Rajesh Khanna that after Khanna relocated to Aashirwad, "the facade of being a king was complete."  

Published 31 Dec 2025 11:19 PM

The Bollywood movie Battle of Galwan has caused controversy due to its factual distortion experts claim that a country's holy area cannot be impacted by over-the-top  drama.

The Bollywood movie Battle of Galwan has caused controversy due to its factual distortion experts claim that a country's holy area cannot be impacted by over-the-top drama.

On December 27, main actor Salman Khan released the trailer for the Indian film Battle of Galwan, which is set to be released in April 2026 and purports to be based on the 2020 fighting between Indian and Chinese troops in the Galwan region. The clip sparked outrage on the internet on Monday. Chinese internet users frequently make fun of Salman Khan, who is best known to Chinese audiences as the lead actor in Bajrangi Bhaijaan, for portraying parts that seem too unbeatable, with stories that are too straightforward and excessive visual effects that make the drama seem surreal.Salman Khan plays Colonel Bikkumalla Santosh Babu in the movie, a role that Indian media said attracted Bollywood's attention due to his alleged crucial part in the 2020 Galwan Valley conflict. Bollywood films, at most, offer an emotionally charged and entertaining picture, but no amount of cinematic exaggeration can change history or undermine the PLA's resolve to protect China's sovereign land, according to a Chinese scholar on Monday.The Hindustan Times reported on Sunday that the trailer opens with Salman's voice giving a speech while instructing his soldiers on how to combat the "enemy." He is then shown in the video approaching the "enemy," with his soldiers standing next to him. He is then shown clinging to a stick while the "enemy" rushes in their direction. Salman's character strikes someone with the stick as the video comes to a close. On the other hand, some online users questioned whether the movie had imitated a sequence from Game of Thrones.The movie has also sparked additional controversy on the internet, with users pointing to things like extras' outfits and looks, actors' hairstyles that don't fit their military roles or the storyline's suggestion of extreme cold, and—most importantly—a depiction of events that isn't true. About 200 Indian soldiers valiantly defended their land against a force of 1,200 Chinese soldiers on June 15, 2020, according to certain local media, notably India Today, which has promoted the movie as being based on the events that occurred between Indian and Chinese troops in the Galwan region.  

Published 30 Dec 2025 10:10 PM

Actor Sivaji apologises

Actor Sivaji apologises "sincerely" for remarks made on the attire of actresses.

Following intense criticism for comments he made on women's attire at the pre-release event of the upcoming movie Dhandoraa, Telugu actor Sivaji has publicly apologised. Social media users and several members of the film industry reacted strongly to the actor's remarks, which were generally condemned as uninvited and moralising.Sivaji posted a video message on X apologising for his remarks made during the Monday event. "I should not have used unparliamentary words," he said. I wasn't talking about all women. I just mentioned that if actors dressed carefully, they might not feel uncomfortable. Although I didn't want to disparage anyone, I truly apologise for using such language. Sivaji posted a video message on X apologising for his remarks made during the Monday event. "I should not have used unparliamentary words," he said. I wasn't talking about all women. I just mentioned that if actors dressed carefully, they might not feel uncomfortable. Although I didn't want to disparage anyone, I truly apologise for using such language."I ask all heroines not to wear revealing outfits," the actor remarked in Telugu. Please wear gowns or sarees that completely conceal your body. Wearing a saree or full clothing is more beautiful than flaunting one's physical prowess.  

Published 23 Dec 2025 11:41 PM

Day 17 box office receipts for Dhurandhar (LIVE) The Ranveer Singh and Akshaye Khanna film hits Rs 550 crore, grows on its third Sunday, and is unaffected by Avatar Fire and Ash.

Day 17 box office receipts for Dhurandhar (LIVE) The Ranveer Singh and Akshaye Khanna film hits Rs 550 crore, grows on its third Sunday, and is unaffected by Avatar Fire and Ash.

It made more money in the second week—Rs 253 crore—than it did in the first. This is quite uncommon. In the first week, it earned Rs 207.25 crore. The movie started off slowly on the third Friday after finishing the second week, and it may now start to decline. It earned Rs 22.5 crore on Friday, day 15. It made Rs 34.25 crore on the third Saturday, growing by over 52%. And now, Sunday, day 17, has begun on a respectable note as well. It might wind up earning at least as much as it did on Saturday.The movie has made Rs 36.47 crore so far. The current total collection is Rs553.72 crore. On its third day, Sunday, "Avatar Fire And Ash" has now earned Rs 22.82 crore.So far, the film has earned Rs 36.47 crore. As of right now, Rs553.72 crore has been collected. "Avatar Fire And Ash" has already made Rs 22.82 crore on Sunday, its third day.  

Published 21 Dec 2025 10:36 PM

GST reform: starting Monday, these goods will be subject to the highest tax. View the complete list

GST reform: starting Monday, these goods will be subject to the highest tax. View the complete list

September 22 GST changes: Under the new tax structure, which goes into effect on Monday, items falling within these categories will be subject to the newly revised highest tax rate of 40% GST. View the items' list here.After its 56th meeting on September 3, 2025, the GST Council, which is led by the Indian federal government, voted to streamline the indirect tax system in India by redesigning the current goods and service tax (GST) slab structure into a "two-tier" system.Indian customers will benefit from a revamped "two-tier" tax structure that goes into effect on Monday, September 22, 2025. Depending on the type of commodity sold in the country, it will be subject to either the 5% or 18% tax band. In India, GST is now imposed in four slabs: 5%, 12%, 18%, and 28%. However, the government has since modified these slabs. Many products sold in the Indian economy will see price reductions as a result of the federal government's action; nevertheless, starting Monday, a wide range of products will also be subject to higher consumer taxes. 1. Sin Goods: Generally speaking, sin goods are things that are detrimental to society and health, such as cigarettes and pan masala. Cigarettes, pan masala, beedi, and other tobacco goods including chewing tobacco and gutka, as well as online gaming and gambling, would all be subject to a 40% GST tax starting on Monday, September 22, 2025. 2. Luxury cars: Four-wheelers with an internal combustion engine (ICE) capacity greater than 1,200cc and a length greater than four meters were also placed in a 40% tax level by the GST Council. In the past, the ex-showroom pricing of SUVs and MPVs, which are included in this group, was increased by 28% GST and 22% Cess. 3. Over 350cc two-wheelers: The GST Council raised the tax rate for two-wheelers with engines larger than 350cc from 28% GST and 3% Cess to 40%. Despite the removal of the Cess levy, two-wheelers with engines larger than 350cc will now be subject to a higher tax rate. 4. Soft drinks: The central government raised the GST rate from 28% to 40%, which will result in a price increase for soft drinks and other non-alcoholic beverages like Coca-Cola, Pepsi, Mountain Dew, Fanta, and flavor-infused waters. 5. Items that cost more when you're in the 18% tax bracket: Items that will be subject to GST at the higher 18% slab starting on Monday, September 22, 2025, include dining at restaurants, particularly those with air conditioning and premium outlets; consumer durables like refrigerators, washing machines, and air conditioners; beauty and grooming services at salons and spas; and high-end smartphones and imported devices.  

Published 23 Sep 2025 01:19 PM

Live Updates on New GST Rates: When GST 2.0 goes into effect, food, cars, and televisions all get cheaper.

Live Updates on New GST Rates: When GST 2.0 goes into effect, food, cars, and televisions all get cheaper.

GST Reforms 2025 List: Goods and Services Tax (GST) reforms have become effective today, September 22, marking a historical shift in the country’s indirect taxation by merging four slabs into two (5% and 18%) and a special tax slab of 40% for “sin goods".The GST council, led by Finance Minister Nirmala Sitharaman, early in September announced a major overhaul in the indirect taxation system, aimed at simplifying the slabs, boosting the consumption and rationalizing the rates. Under the new plan, the government is set to merge the four slabs into two main categories with an additional “sin tax" bracket: 5% slab — for essential goods. 18% slab – for most other goods and services. 40% slab – for luxury and sin goods such as tobacco, alcohol, betting, and online gaming. This consolidation is expected to make tax compliance easier and also reduce prices on many items currently taxed at 12% or 28%.This consolidation is expected to make tax compliance easier and also reduce prices on many items currently taxed at 12% or 28%.Consumers will see essential items becoming cheaper from September 22, as several sectors from FMCG to Auto have announced earlier to pass on the benefits of lower GST to them.  

Published 22 Sep 2025 05:13 PM

Live updates for the ITR due date: Will there be another extension of the income tax return deadline?

Live updates for the ITR due date: Will there be another extension of the income tax return deadline?

Date of ITR due REAL-time updates: The deadline for filing Income Tax Returns (ITR) for the assessment year 2025–2026 is now. Over 6.69 crore returns have already been received by the Income Tax Department, of which over 6.03 crore have been validated and 4 crore have been processed.Taxpayers who miss today's deadline risk interest on unpaid taxes, delayed refunds, and late fines of up to ₹5,000 (limited at ₹1,000 for individuals with incomes up to ₹5 lakh). Therefore, it is essential to file and confirm returns on time in order to prevent fines and guarantee prompt refund processing.The deadline is applicable to non-audit instances, such as the majority of salaried individuals, small enterprises or professions under the presumptive taxation plan, and Hindu Undivided Families (HUFs). It is recommended that taxpayers refrain from spreading false information about extensions and instead rely solely on official updates from Income Tax India.In order to assist last-minute filers in appropriately completing submissions, the department's helpdesk is open around-the-clock and provides assistance via phone, live chat, WebEx sessions, and social media.The department's help line is open around-the-clock, providing assistance via phone, live chat, WebEx sessions, and social media to help filers who are submitting at the last minute appropriately.  

Published 15 Sep 2025 05:53 PM

Closing Bell: Sensex up 324 points, Nifty above 24,950; IT and PSU Banks rise, automobiles down

Closing Bell: Sensex up 324 points, Nifty above 24,950; IT and PSU Banks rise, automobiles down

On September 10, Indian equities indices concluded well, with the Nifty closing above 24,950. The Nifty was up 104.5 points, or 0.42 percent, at 24,973.10 at the closing, while the Sensex was up 323.83 points, or 0.40 percent, at 81,425.15.We'll be returning tomorrow morning with all the most recent news and alerts as we wind up today's Moneycontrol live market blog. To view all of the global market activity, please visit https://www.moneycontrol.com/markets/global-indices.On Wednesday, markets gained almost half a percent, continuing their upward trajectory. Following a gap-up beginning, the Nifty index spent the first half of the day moving within a small range. However, volatility in the second half of the day reduced some gains, and it ultimately finished around 24,973 levels.With advances of more than 2.5 percent, the IT sector maintained its recovery, followed by the real estate, banking, and energy sectors. The auto industry, on the other hand, saw profit booking following multiple outperforming sessions, losing more than 1%. With the midcap and smallcap indices rising between 0.75% and 1%, market breadth stayed strong, supporting the bullish tone in both frontline and broader markets.Positive foreign capital market flows following a period of persistent depreciation, as well as increased confidence regarding the status of trade discussions between the US and India, helped to boost sentiment and maintain the upswing.Although the markets are slowly rising due to encouraging signals, the Nifty will need to maintain its participation from the two main industries—banking and IT—in order to progress toward the 25,250–25,400 range. Support has moved to the 24,650–24,750 level on the downside. In order to build up fundamentally sound counters across the board, we advise employing intermediate drops or consolidation phases while keeping a positive bias.  

Published 10 Sep 2025 08:40 PM

Why rising demonstrations are centered around India's Aravalli hills

Why rising demonstrations are centered around India's Aravalli hills

The Supreme Court's redefinition of the Aravalli hills, one of the oldest geological formations in the world, which encompass the states of Rajasthan, Haryana, Gujarat, and Delhi, has sparked protests throughout northern India. Any landform rising at least 100 meters (328 feet) above the surrounding terrain is considered an Aravalli hill under the revised definition, which the court adopted in response to proposals from the federal government. An Aravalli range consists of two or more of these hills within 500 meters of one another, as well as the terrain in between. Environmentalists contend that classifying Aravalli hills according to height runs the risk of leaving many lower, scrub-covered but ecologically significant slopes vulnerable to mining and development. However, according to the federal government, the new definition is intended to increase uniformity and reinforce regulations rather than weaken rights.Protests have erupted across northern India after the Supreme Court redefined the Aravalli hills - one of the world's oldest geological formations spanning the states of Rajasthan, Haryana, Gujarat, and the capital, Delhi.  

Published 22 Dec 2025 10:25 PM

J&K: Srinagar erlebt teils heftigen Regen, IMD sagt Gewitter und starken Wind voraus

J&K: Srinagar erlebt teils heftigen Regen, IMD sagt Gewitter und starken Wind voraus

Heavy rainfall affected various areas of Srinagar city in Jammu and Kashmir, resulting in a temperature drop.The India Meteorological Department has predicted that the city will experience "Heavy Rainfall, Light to Moderate Rainfall, Thunderstorm accompanied with lightning & gusty winds(30-40kmph)" today.Previously, the Jammu and Kashmir government had instructed schools in the Jammu division to close due to the Indian Meteorological Department's prediction of heavy rainfall in this region. The government-issued circular states that all private and government schools in Jammu will be closed from October 6 to 7. In the Rajouri region, considerable damage was inflicted by intense rainfall that occurred earlier. Residents encountered difficulties because of compromised houses, roads that had sunk, and ruined harvests. Moreover, numerous rain-induced landslides have obstructed various routes within the district.In the meantime, torrential rains in North Bengal caused landslides and serious waterlogging, leading to significant destruction, road obstructions, and fatalities in multiple districts, such as Darjeeling and Jalpaiguri. District authorities confirmed on Monday that at least 18 people were reported killed in Darjeeling due to incessant rain that caused devastation in northern West Bengal on Saturday night and early Sunday. Read more at:  

Published 06 Oct 2025 05:40 PM

152 road segments in Delhi will receive significant renovations once the Center approves a Rs 803 crore investment.

152 road segments in Delhi will receive significant renovations once the Center approves a Rs 803 crore investment.

With the Center accepting the Delhi government's proposal for Rs 803 crore in funding, 152 important sections, including the Ring Road and other flyovers, totaling more than 330 km throughout the Capital, are scheduled to undergo a significant makeover that includes repair, reconstruction, and resurfacing.According to officials, the Central Road and Infrastructure Fund (CRIF) money were granted earlier this month by the Minister for Road Transport and Highways (MoRTH), who also requested administrative approval for the projects from the Delhi government. The MoRTH's CRIF program gives states and Union territory money to build and maintain important roads and infrastructure."Delhi is witnessing a new era of infrastructure development," stated Parvesh Sahib Singh, Minister of the Public Welfare Department (PWD). Roads are the lifeblood of any contemporary city, and by fortifying these vital thoroughfares, we are guaranteeing millions of commuters' safety, speed, and sustainability every day."This project aims to build top-notch urban infrastructure that fulfills the dreams of all Delhiites, not just fix roads," he continued.PWD officials insisted that this "project will take the Capital a giant step closer to the vision of a Viksit Delhi" and that the city would see one of the most comprehensive road upgrade and infrastructure development programs in recent years. Roads in the Central, North, East, Northeast, Shahdara, and Northwest districts will be upgraded, new corridors will be built, flyovers will be developed, and roads will be strengthened, resurfaced, and widened, according to officials.The Kashmiri Gate ISBT to Wazirabad, Vikas Marg, ITO circle, Ferozshah road, and the Nizamuddin to Kalkaji stretch are some of the important sections that will undergo repairs and improvements. Another important route that will be extended is the Noida Link Road, which links Noida to Central and East Delhi.In order to relieve traffic and enhance connectivity in Outer, West, and Northeast Delhi, the PWD also intends to build three new flyovers at the Rajouri Garden-Tagore Garden stretch, Rohtak Road (Military Road–Jhansi Road), and on Road 63 and Gokulpuri stretch. The letter from MoRTH to the Delhi Chief Secretary said, "The competent authority in this ministry has agreed to approve the work listed to an amount of Rs 803.39 crore to meet the cost of work debitable to the Government of NCT of Delhi's allocations under the CRIF Act, 2000."    

Published 10 Sep 2025 08:48 PM

The government lowers GST on frequently used goods; the new rates will take effect on this month's 22nd.

The government lowers GST on frequently used goods; the new rates will take effect on this month's 22nd.

The government has lowered the GST on a number of goods in various categories. The GST reduction rate will take effect on this month's 22nd. Finance Minister Nirmala Sitharaman told reporters in New Delhi today that the GST on goods used by the average person and middle class has been lowered from 18% or 12% to 5%. Hair oil, toilet soap, soap bars, shampoos, toothbrushes, toothpaste, bicycles, dinnerware, kitchenware, and other home items would now only be subject to 5% GST, the Finance Minister announced.She added that the GST rate on paneer, chena, and ultra-high temperature milk has been lowered from 5% to 0%, while the GST rate on all Indian breads would now be 0%. Additionally, Ms. Sitharaman declared that the GST on the following food items has been lowered from 12 or 18 percent to 5 percent: namkeen, bhujia, sauces, pasta, instant noodles, chocolates, coffee, preserved meat, cornflakes, butter, and ghee.The Minister further stated that the GST slab has been reduced from 28% to 18% for commodities such as air conditioners, televisions larger than 32 inches, all TVs, dishwashing machines, small cars, and motorbikes. According to her, labor-intensive businesses have provided substantial support, and today's measures will also benefit farmers and the agriculture industry. According to the Minister, the GST rate on all agricultural equipment has been lowered from 12% to 5%. Regarding the automobile industry: #GST on small cars and motorcycles up to 350 cc was lowered from 28% to 18%. # The GST on ambulances, buses, and vehicles was lowered from 28% to 18%. # GST on three-wheelers was lowered from 28% to 18%. # All auto parts were subject to a uniform 18% rate. GST reduction on medical supplies: #33 life-saving medications now have a 12% GST reduction instead of a 0% one. # Three life-saving medications used to treat cancer, rare diseases, and other serious chronic illnesses now have GST cut from 5% to 0%. # GST on certain medications was lowered from 12% to 5%.

Published 04 Sep 2025 09:45 PM

When you chew a piece of ginger every day for sixty days, your body experiences this.

When you chew a piece of ginger every day for sixty days, your body experiences this.

Strong antioxidant and anti-inflammatory properties can be found in ginger. However, what would happen if a person chewed a piece of ginger every day for sixty days? When we asked Dr. Amreen Sheikh, chief nutritionist at KIMS Hospitals, Thane, about it, he replied that it increases circulation, relaxes the airways, and progressively lessens throat inflammation. Many patients report decreased bloating, improved digestion, and fewer coughs after six to eight weeks. Ginger can ease the inner lining of the airways and provide general lung comfort for people who are susceptible to seasonal respiratory symptoms, according to Sheikh.Yes, but with reasonable expectations, Sheikh argued. Unlike medication, ginger does not "open the lungs." Rather, it operates subtly. It can aid those who frequently experience irritation from pollutants, relieve moderate wheezing from cold weather, and clear congestion in the throat. Additionally, by loosening mucus, its warming impact facilitates its expulsion during an illness. Ginger can help with long-term lung conditions like COPD or asthma, but it should never take the place of prescription medication, Sheikh said.While using ginger on a daily basis is generally safe, Sheikh pointed out that excessive use can cause oral irritation, cause acidity in those who are sensitive, or slightly thin the blood. Before developing a habit, people who take blood thinners or have gastritis or acid reflux should speak with a doctor. A tiny portion is more than sufficient; moderation is crucial," Sheikh stated.  

Published 23 Dec 2025 11:46 PM

Cough syrup deaths: TNFDA probe reveals Coldrif manufacturer's shortcomings

Cough syrup deaths: TNFDA probe reveals Coldrif manufacturer's shortcomings

According to CDSCO sources, the investigation into the Kanchipuram-based Coldrif cough syrup producer, which was connected to child fatalities in Madhya Pradesh, has shown shortcomings in the Tamil Nadu Food and Drug Administration's enforcement of fundamental regulatory standards.They said that Sresan Pharma, which was granted a license by the Tamil Nadu Food and Drug Administration (TNFDA) in 2011, carried on operating undetected for more than ten years in spite of its inadequate infrastructure and many infractions of national drug safety regulations.According to the sources, a recent examination by the Central Drugs Standard Control Organization (CDSCO) revealed the unit's terrible conditions and complete disregard for Good Manufacturing Practices (GMP). "The CDSCO has not participated in any of Sresan Pharma's audits. This company was not included in any of the CDSCO databases since the CDSCO was not involved and the state FDA did not provide the CDSCO with any information on it, according to a source.Rule 84AB of the D and C Rules mandates that manufacturers update all of their certified items on the "Sugam" site, according to another source at the CDSCO.In order to facilitate improved monitoring, the regulation was notified to create a national database of all the authorized items in the nation. "The business failed to list its goods in the database. It did not follow this guideline as a result. According to the source, the state regulator is in charge of ensuring that the regulation is followed in the state.  

Published 15 Oct 2025 04:59 PM

Why the most popular (and dubious) fad right now is North West's finger piercing

Why the most popular (and dubious) fad right now is North West's finger piercing

The Kardashian-Jenner family is known for starting trends, some of which are lighthearted, some of which are outrageous, and others of which are downright dubious. When Kim Kardashian and her 12-year-old daughter North West were spotted in Rome recently, everyone's attention was drawn to North's middle finger dermal piercing.Their excursion has generated a lot of controversy, with Kim facing backlash for permitting her preteen child receive the piercing. However, finger piercings have also gained popularity, and many people are now interested in learning more about them, their process, and their safety.A dermal piercing, also known as a micro dermal or single-point piercing, is a way to change your body where a piece of jewelry is inserted under the skin so that only the pretty top is visible, says Sahil Bali, an artist at Devil'z Tattooz in Delhi. Bali continues by explaining that dermal piercings are single-entry piercings, as opposed to conventional piercings, which enter one side of the skin and exit the other. "They are performed by using a needle or dermal punch to make a tiny pocket in the skin, after which an anchor base is inserted beneath the skin. After that, a decorative stud or gem is put onto the anchor," he explains, adding that these piercings may be done practically anywhere on the body, including the fingers, lower back, cheekbone, and chest, but they take longer to heal than conventional piercings."Dermal piercings need careful cleaning and protection, as they can get easily irritated or caught on things, making them slightly higher maintenance than normal piercings," says Dr. Shireen Furtado, senior consultant, medical and cosmetic dermatology, Aster CMI Hospital, Bengaluru.  

Published 07 Oct 2025 09:43 PM

Can your hair texture change after postpartum?

Can your hair texture change after postpartum?

Becoming a parent is among the most surreal experiences one can have. It seems as though your heart is bursting with love, but simultaneously, your body can feel more delicate and fatigued than it ever has after the ordeal of giving birth, even though you are amazed by the miracle it has just performed. With hormones fluctuating wildly and energy levels oscillating, you may discover that you are adapting to a new version of yourself on physical, mental, and emotional levels.In the midst of all these changes, your hair starts to narrate its own tale as well. Due to hormonal changes, many women notice significant hair loss in the months following childbirth. However, it often surprises people to learn that not only does the amount of hair change, but sometimes the texture does as well.Your hair may grow straighter if you have curls, or develop waves if it’s straight, and the texture of your locks can change in surprising ways, serving as a reminder that motherhood transforms more than just your routine—it transforms you.Many individuals observe that their hair becomes thicker, shinier, and fuller during pregnancy, resembling a natural glow-up. Dr. Ruben Bhasin Passi, a dermatology consultant at CK Birla Hospital in Gurugram, explains to India Today that this occurs because elevated estrogen levels prolong the hair growth phase, which stops normal shedding.This provides that additional volume and vitality. However, after the baby comes and hormone levels decrease, the narrative shifts. “When there’s a sudden decrease in hormone levels, the body adapts and hair experiences significant changes, which often surprises new mothers,” she adds. The doctor further explains that hair naturally cycles through phases of growth (anagen), rest (catagen), and shedding (telogen). During pregnancy, increased levels of estrogen keep more hair in the growth phase. After childbirth, when estrogen levels decrease, a number of these hairs enter the shedding phase simultaneously.  

Published 06 Oct 2025 05:41 PM

Axar Patel leads DC to a decisive victory over Rishabh Pant's LSG on a night that contrasts for the captains.

Axar Patel leads DC to a decisive victory over Rishabh Pant's LSG on a night that contrasts for the captains.

Returning to Lucknow for the first time since his unsatisfactory dismissal from the team, KL Rahul ended the game with a spectacular six to go undefeated in a run-chase with a 42-ball 57.On a night full of stories at Lucknow's Ekana Stadium, the Delhi Capitals won by 8 wickets in a 160-run chase, solidifying their status as this season's title contenders. KL Rahul, who is making his first appearance in Lucknow after his unsatisfactory dismissal from the team, ended the game with a spectacular six to go undefeated in a run chase with a 42-ball 57. In the twelfth over of their respective innings, LSG and DC both lost their second wicket. Axar Patel entered when a composed Abishek Porel collapsed. At this point, DC was only under a little pressure to take a few wickets, but it might have grown complicated because new batters take time to get comfortable. With two sixes over the midwicket zone, his favorite hit against spin, Axar took out Ravi Bishnoi in the very next over after Avesh Khan had dismissed him after four dot balls.In the following over, facing Avesh once more after being outscored by a few deliveries, he decided to take a chance and hit a four to try to clear the fielder at mid-off. The most impressive stroke came from Shardul Thakur, who took up a not-so-short ball with the weight still on his backfoot and sent it over long on for a six.  

Published 23 Apr 2025 08:56 PM

Nitish Rana on RR not selecting him for Super Over against DC despite 51 off 28:

Nitish Rana on RR not selecting him for Super Over against DC despite 51 off 28: "One person never takes the call."

Despite hitting 51 off 28 balls against the Delhi Capitals, Nitish Rana was left out of the Super Over lineup as the Rajasthan Royals entered with Hetmyer and Riyan Parag.Nitish Rana remained in the middle until the 18th over of the chase after smashing 51 off 28 balls. At the Arun Jaitely Stadium in New Delhi on Wednesday, the Rajasthan Royals sent neither batsman to bat despite Yashasvi Jaiswal's 51 off 37 balls in the Super Over against the Delhi Capitals. Eyes were rolling when Shimron Hetmyer and Riyan Parag came out to bat in the Super Over. Rana wasn't even on the list of the three batters for the Super Over, but Jaiswal was chosen to bat following a wicket fall.RR's choice proved to be a poor one as Mitchell Starc of DC cramped the Hetmyer for space with yorkers and the reverse swing, allowing him to begin the Super Over with a dot ball. The Australian bowler was hit for four after missing his mark on the next delivery, but he recovered with another low full toss in the third ball. A single was taken by Hetmyer.Starc's low full toss was hit by Riyan Parag over third man for a boundary, sometimes known as a no-ball. After it appeared that RR would easily reach 15 with three balls left, the game took yet another sharp turn. RR was bowled out for just 11 as Parag and Jaiswal were ran out in the following ball.KL Rahul and Tristian Stubbs smash two sixes in the first three balls of Sandeep Sharma's Super Over to give DC a historic victory, so the total was insufficient. Following the game, Nitish Rana stated that the decision to send Riyan Parag and Shimron Hetmyer instead of him for the Super Over was made by the RR management. Rana said he didn't have an alternative response, adding that if Hetmyer had hit a couple of sixes in the Super Over, the questions would have been different."The call is answered by management, not a single individual. Along with two other senior players and coaches, the captain is present. You wouldn't be asking this question if Shimron Hetmyer had hit two sixes. I'll respond with the same response. I have no other response. Every choice we made was the right one. Everyone knows that Hetmyer is our finisher. During the press conference, Rana stated, "He has previously delivered."  

Published 17 Apr 2025 09:05 PM

Who Won CSK vs. RR, Match 11 in Yesterday's IPL 2025 Match?

Who Won CSK vs. RR, Match 11 in Yesterday's IPL 2025 Match?

The outcome of yesterday's IPL 2024 match between CSK and RR: Watch the most recent IPL action as CSK and RR square off in the 2025 season's first game. Get all the match information and updates here, along with the results of the encounter.The highly anticipated Match 11 between the Chennai Super Kings (CSK) and Rajasthan Royals (RR) in the Indian Premier League (IPL) 2025 season was played at the Barsapara Cricket Stadium in Guwahati.Chennai Super Kings (CSK) lost against Rajasthan Royals (RR) by a margin of six runs. First to bowl, RR amassed 182 runs. Despite pursuing the objective, CSK ended up at 176 for 6 in 20 overs. The Rajasthan Royals (RR) defeated the Chennai Super Kings (CSK) by 6 runs in the March 30 IPL 2025 match. After two losses earlier in the season, this victory was RR's first. In contrast, CSK lost this game for the second time in a row.Highlights of the IPL 2025 match between the Rajasthan Royals and Chennai Super Kings: Wanindu Hasaranga takes four wickets to help the Royals overcome the Super Kings by six runs.  

Published 31 Mar 2025 08:23 PM

India's bold strategy aids in a quick T20 reconstruction

India's bold strategy aids in a quick T20 reconstruction

The world champions are creating an environment where players perform well without worrying about keeping their spots in the squad or taking wickets.Kolkata: Although it's early, the process and outcomes give hope that India would successfully defend the T20 World Cup at home the following year. Despite the pessimism caused by the Test and ODI transition issues, India's T20 trajectory stands out thanks to series victories against South Africa, Bangladesh, Sri Lanka, Zimbabwe, and now England. Even more so when one considers that Kuldeep Yadav, Shubman Gill, Jasprit Bumrah, Rishabh Pant, and Yashasvi Jaiswal have not been parachuted in.This is most likely a greater accomplishment. However, they have approached it virtually undetected. No culture of stars. Verify. No set order for batting. Verify. Just a group of young, talented, and incredibly self-assured cricket players going about their business without worrying about career curves. By the way, all IPL linchpins.Captain Suryakumar Yadav acknowledges his lack of quality as he is left off the Champions Trophy roster. Abhishek Sharma thinks a ball is there to be struck, hence he doesn't count returns. As long as Tilak Varma is at the crease, the second Twenty20 match in Chennai demonstrated that no equation is too difficult. And the fact that India lost to 12/3 and then 79/5 at Pune on Friday, yet still managed to score 181, demonstrated that the previous game's disaster chasing in Rajkot was really a fluke. The realization that not everything can be managed lies at the core of this long-term upsurge. Earlier this week, Sitanshu Kotak, India's new batting coach, said it. "To achieve a score of 200 or 225, and if you are  

Published 04 Feb 2025 04:28 PM

Revanth Reddy at a Christmas event Will bring law to punish those who insult other religions

Revanth Reddy at a Christmas event Will bring law to punish those who insult other religions

Telangana Chief Minister A Revanth Reddy announced on Saturday that his government would enact a new rule to punish individuals who disparage religions while taking part in the Christmas festivities of all Christian denominations in the state. A bill on this will be introduced in the Assembly shortly, according to the CM."To punish people who disparage other religions, we will introduce a law in the Assembly. At an annual pre-Christmas celebration held at Hyderabad's L B Stadium, which is attended by the state's chief minister, Reddy declared, "We will also amend the existing Acts to punish those who abuse other faiths."The CM stated that everyone should respect religions other than their own and that the new law would seek to "stamp out religious hatred and punish those who insult other religions." Reddy added that the government had already "dealt with those who spread religious hatred and attacks" and that the current laws would be changed to guarantee severe punishment for anyone who mistreat other religions.  

Published 21 Dec 2025 11:15 PM

About 50 out of 71 candidates on the BJP's initial list for Bihar were repeat candidates; senior ministers and deputy chief ministers

About 50 out of 71 candidates on the BJP's initial list for Bihar were repeat candidates; senior ministers and deputy chief ministers

For the Bihar Assembly elections next month, the BJP on Tuesday unveiled its initial list of 71 candidates, keeping a number of its current ministers and MLAs but adding fresh names in a few constituencies.About half of the 71 names are repeat candidates who ran in the 2020 elections, such as Vinod Narayan Jha (Benipatti), Pawan Jaiswal (Dhaka), Rana Randhir Singh (Madhuban), Awadhesh Singh (Hajipur), and Sanjay Saraogi (Darbhanga).Outgoing deputy chief ministers Samrat Choudhary and Vijay Kumar Sinha will run in the next Bihar assembly election from the Tarapur and Lakhisarai assembly constituencies, respectively, according to the Bharatiya Janata Party's first list of candidates released on Tuesday. Election results for the 243-seat Bihar legislature will be revealed on November 14 after two phases of voting on November 6 and 11.The Bharatiya Janata Party and the Janata Dal-United (JDU) are running for 101 seats apiece, while the Lok Janshakti Party (Ram Vilas), led by Chirag Paswan, is running for 29 seats. The National Democratic Alliance (NDA) finalized their seat-sharing formula for the Bihar assembly elections on Sunday. Jitan Ram Manjhi's Hindustani Awam Morcha (Secular), also known as HAM(S), and Upendra Kushwaha's Rashtriya Lok Morcha (RLM) will compete for six seats each.As the party ran for 115 seats in the 2020 Bihar assembly election, Nitish Kumar's JD(U) saw a decline in the final seat-sharing results. Additionally, the BJP lost 110 seats from the previous election to 101.Union minister Dharmendra Pradhan wrote on X to announce the completion of the seat-sharing arrangement, saying, "The NDA allies have finished the distribution of seats in a cordial atmosphere." This is greatly appreciated by all NDA party leaders and employees. Bihar is prepared, and an NDA government will be established once more.  

Published 14 Oct 2025 09:07 PM

In the push for OBC quota, BJP MP government aligns its argument with Congress's 'jitni abaadi, utna haq' pitch

In the push for OBC quota, BJP MP government aligns its argument with Congress's 'jitni abaadi, utna haq' pitch

The BJP government in Madhya Pradesh, led by Mohan Yadav, is advocating in the Supreme Court for an increase in the reservation for Other Backward Classes (OBCs) from 14% to 27%. This initiative would violate the top court's quota ceiling of 50%. It appears to resonate with Leader of the Opposition Rahul Gandhi's call for “jitni abaadi, utna haq (representation proportional to population).”In an affidavit submitted on September 23 before the Supreme Court proceedings that commenced Wednesday, the Madhya Pradesh government referenced 2011 Census data, stating that disadvantaged groups including Scheduled Castes (SCs) at 15.6% of the population, Scheduled Tribes (STs) at 21.1%, and OBCs at over 51% together constitute over 87% of the state's population. On Sunday, veteran Congress politician Kamal Nath charged that the BJP government in Madhya Pradesh was perpetrating a “drama” under the pretext of providing a 27 percent reservation for Other Backward Classes (OBCs). He claimed that the ruling party aimed to deny this community its rights. The OBC quota was raised from 14% to 27% by an ordinance under Nath's Congress government in 2019, but litigation prevented its implementation.Nath asserted in an X post that the Mohan Yadav government was using court procedures and legal advice as a repeated excuse to protect itself.    

Published 09 Oct 2025 04:19 PM

Could BJP nominate Maithili Thakur to resonate well in Mithilanchal? Celebration, young folk music performer – let out a few suggestions

Could BJP nominate Maithili Thakur to resonate well in Mithilanchal? Celebration, young folk music performer – let out a few suggestions

As reported by The Indian Express, 25-year-old folk singer Maithili Thakur may run for the Benipatti or Alinagar seat in the forthcoming Bihar Assembly elections in Mithilanchal. At the age of 12, Maithili first rose to fame by launching a YouTube channel where she sang Maithili and Bhojpuri songs. She currently boasts more than 5.1 million YouTube subscribers and 6.3 million Instagram followers.Thakur's recent meetings with Vinod Tawde, the national general secretary of the Bharatiya Janata Party and Bihar organisation in-charge, as well as with Union minister Nityanand Rai, have led to speculation regarding her candidacy in the elections. During her visit to Jabalpur for a performance at the Narmada Mahotsav, the folk singer informed journalists that she feels a special bond with her hometown and believes beginning her political career there would provide her with valuable lessons.Bihar's assembly elections will take place in two phases on November 6 and 11, with vote counting scheduled for November 14. When asked about her preferred assembly constituency, Maithili responded, "There hasn't been any official announcement yet, but I would like to go to my village area because I have a special connection with it." Beginning there will provide me with an opportunity to learn as well. By meeting people and talking to them, I will gain more understanding if I start from my village," she added.In response to a question concerning the Bihar assembly elections, the 25-year-old singer expressed her willingness to help with the country's development in any way she can. Thakur mentioned that she and Tawde and Rai talked about various aspects of Bihar's future during her meeting with them. Thakur, who was born in Madhubani district of Bihar at Benipatti to a father who was a Maithili musician, made his musical mark in 2011 at the age of 11 and has remained active in the field since then. Vinod Narayan Jha, a BJP leader and ex-minister, is the current representative of Benipatti in the Bihar assembly. In this constituency, which is dominated by Brahmins, the BJP leader (aged 68) triumphed over Bhavana Jha of Congress in 2020, winning by over 30,000 votes.  

Published 07 Oct 2025 09:03 PM

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Rajya Sabha Election 2024: Congress seeks disqualification of 6 MLAs who cross-voted, say sources

Rajya Sabha Election 2024: Congress seeks disqualification of 6 MLAs who cross-voted, say sources

Rajya Sabha Election 2024: The Congress party has moved Himachal Pradesh Speaker seeking disqualification of six rebel MLAs who cross-voted on Tuesday, according to sources.The move comes a day after these six MLAs cross-voted and helped BJP candidate Harsh Mahajan win a Rajya Sabha seat from the hill state. Congress is in power in Himachal Pradesh and has 40 MLAs, besides the support of three independent MLAs, in the 68-member house. Despite the numbers, the Congress candidate Abhishek Manu Singhvi lost the Rajya Sabha seat. Singhvi conceded his defeat and 'thanked' the MLAs who cross-voted leading to the victory of Harsh Mahajan. Victory tilted towards Mahajan after a draw of lots was held as a tie-breaker. "I would also like to thank the nine persons (MLAs) because they have taught me a lot about human nature, its fickleness or its resoluteness. They supped with us...So, I think we are bad judges of human character, they are obviously better judges of human character," he said.The cross-voting by the MLAs has left the state government in crisis with the Opposition BJP claiming that the Congress government has lost the majority in the house. Seeking disqualification of rebel MLAs is seen as ruling party's move to save its government. Himachal Pradesh Assembly Speaker Kuldeep Singh Pathania met Governor Shiv Pratap Shukla at Raj Bhavan on Wednesday amid political upheavals in the state. The development comes amid a buzz over the BJP bringing a motion of no-confidence in the assembly against the Congress government in the state during the state's Budget Session which is set to begin today. The Congress has 40 MLAs while the BJP has 25 in the 68-member Himachal Pradesh state assembly. The remaining three seats are held by independents.  

Published 01 Mar 2024 09:38 PM

India’s emergence as chip manufacturing hub no longer a distant dream, say experts

India’s emergence as chip manufacturing hub no longer a distant dream, say experts

Marking a big milestone in India’s decades-old dream of becoming a semiconductor nation, the Centre has approved the proposal for India’s first commercial chip fabrication plant. The development comes two years, two months and 14 days after the government introduced the programme for the Development of Semiconductors and Display Manufacturing Ecosystem in India with a total outlay of Rs. 76,000 crores. Industry hails the development stating this is just the beginning with many more approvals to follow.Of the three proposals approved, the first is of Tata Electronics Private Limited, which will set up a semiconductor fab in partnership with Taiwan’s Powerchip Semiconductor Manufacturing Corp (PSMC) in Gujarat’s Dholera. Investment in this fab will be Rs 91,000 crore. The fabs capacity is pegged at 50,000 wafer starts per month (WSPM). The second proposal approved is also of Tata Group but for Assembly and testing. Tata Semiconductor Assembly and Test Pvt Ltd (“TSAT”) will set up a semiconductor unit in Morigaon, Assam with an investment of Rs.27,000 crore. For this, TSAT semiconductor is developing indigenous advanced semiconductor packaging technologies including flip chip and ISIP (integrated system in package) technologies. With the capacity of testing and packaging 48 million per day, the plant will cover automotive, electric vehicles, consumer electronics, telecom, mobile phones and other segments. The third proposal approved was CG Power’s OSAT in partnership with Renesas Electronics Corporation, Japan and Stars Microelectronics, Thailand. This plant will be setup in Sanand, Gujarat with an investment of Rs 7,600 crore. The CG power semiconductor unit will manufacture chips for consumer, industrial, automotive and power applications and will have a capacity of 15 million per day. Pankaj Mohindroo, Chairman of ICEA says, “The emergence of Bharat as a global semiconductor manufacturing destination no longer seems to be a distant dream. By 2027 we will have the FAB and OSAT units producing. By the end of the decade we may have more than 10 fabs and 20 OSAT units in production besides many semiconductor  product design companies.” Satya Gupta, President, VLSI Society echoes the sentiment saying “The announcement of the approval of Tata and CG Power proposals is fantastic. We are on the Fibonacci path, 1 company in 2023, 2 companies in 2024 and hopefully 3 in 2025 and 5 in 2026. Next we need compound semiconductors fabs producing GaN and SiC devices. By 2030, India will become a significant Semiconductor Product Nation.” Approvals aside, what’s even more important is the timeline India is looking at for commencing construction. Ashwini Vaishnaw, Minister, Ministry of Electronics & IT stated that all three units will start construction within next 100 days. “The most important thing that the world has noted as part of first-of-its-kind sweeping approval by Union Cabinet is that, the government of India has committed to get started (i.e. construction) all the Fab and OSAT projects approved within 100 days – that’s a best in class industry benchmark set by India, which was showcased last year with Micron’s approval by Cabinet and in less than 3 months starting construction for Micron’s ATMP site in Gujarat,” says Danish Faruqui, CEO, Fab Economics. “India is now committed to replicate the Micron success with Tata’s Fab, OSAT and CG Power’s OSAT within 100 days – that’s a very important message for the world and players across semiconductor value chain,” he adds. Per Fab Economics Global Semiconductor Policy Council R&A, such speedy regulatory approval benchmark (100 days) has so far been displayed only in India and Japan in the world.      

Published 01 Mar 2024 09:37 PM

Sebi moves to restrict inflows into small- and mid-cap mutual funds

Sebi moves to restrict inflows into small- and mid-cap mutual funds

India's market regulator has asked money managers to consider restricting one-off investments from clients in small- and mid-cap stock mutual funds and cut commissions offered for their sale, two sources with direct knowledge of the matter said.The Securities and Exchange Board of India (Sebi) communicated this to the money managers in a meeting earlier this month, the sources, who included a regulatory official, said. The regulator did not specify the quantum of flows it wants restricted, they said. Sebi's communication shows heightened regulatory concern on the surging inflows into Indian small- and mid-cap mutual funds and any potential ripple effects on the financial system if investors suddenly started to yank their money from them. In India, small-cap stocks are defined as those with market capitalisation of less than Rs 5,000 crore ($603.05 million) while mid-cap stocks are those with market values of between Rs 50 crore and Rs 20,000 crore. Small- and mid-cap stocks are generally less liquid compared to their large-cap peers. Assets managed by small-cap funds in India vaulted 86.5 per centover a 10-month period to Rs 2.48 trillion ($29.92 billion) as of end-January and mid-cap funds jumped 58.5 per centto Rs 2.9 trillion . Their assets were not much lower than the Rs 2.99 trillion managed by large cap funds. The Nifty small-cap 100 index has surged 74 per centover the past 52 weeks and the Nifty mid-cap 100 index is up 60.86%, as of Wednesday's close. Those gains far exceed the benchmark Nifty's 26.21 per centrise over the same period. "A nudge to institutional investors such as mutual funds will help soothe extraordinary exuberance building up particularly in small and mid-cap stocks," the regulatory official said. Sebi did not respond to an emailed request for comment. The market regulator's communication to money managers about one-off investments is not an official order. The industry has in the past almost always complied with messages from Sebi. India's mutual fund assets have grown significantly over the years as investors have bought systematic investment plans that make regular contributions towards their portfolios. But domestic investors are also increasingly pumping in one-off, or lumpsum, funds to take advantage of the soaring stock market.    

Published 01 Mar 2024 09:36 PM

Reliance, Disney sign $8.5 bn deal to form JV, to merge media ops in India

Reliance, Disney sign $8.5 bn deal to form JV, to merge media ops in India

  India's top conglomerate Reliance Industries and Walt Disney on Wednesday announced the merger of their India TV and streaming media assets, creating an $8.5 billion entertainment juggernaut far ahead of rivals in the world's most populous nation.  Reliance, led by Asia's richest man Mukesh Ambani, will inject $1.4 billion in the merged entity, with the company and its affiliates holding a more than 63% stake. Disney will hold about 37%, the companies said in a joint statement.  For Disney, the merger follows its long-drawn struggle to arrest a user exodus from its bleeding India streaming business and financial strain caused by billions of dollars in Indian cricket rights payments, in another example how foreign businesses can struggle to grow in India.  The merger values the India business of the US entertainment giant at just around a quarter of the $15 billion valuation when Disney acquired it as part of its Fox deal in 2019, sources have said. The companies said the transaction values the merged venture at around $8.5 billion on a post-money basis. They did not explain how they arrived at such valuation.  Together, the Reliance-Disney merged entity will have 120 TV channels and two streaming platforms, helping Ambani eclipse rivals such as Japan's Sony, India's Zee Entertainment and Netflix in the country's $28 billion media and entertainment sector.  Reliance said Nita Ambani, wife of Reliance boss Mukesh Ambani, would chair the board of the combined entity, and former top Disney executive Uday Shankar would serve as vice chair.  "The JV will be one of the leading TV and digital streaming platforms for entertainment and sports content in India, bringing together iconic media assets across entertainment," the companies said in a joint statement.  The deal comes when Disney is facing pressure globally to streamline its businesses. Bob Iger returned as Disney chief executive in November 2022, less than a year after he retired, and has since restructured the company to make the business more cost effective.  Still, Disney is up against activist billionaire investor Nelson Peltz who is pushing the home of Mickey Mouse to cut costs, create a profitable streaming business globally, improve the performance of its movie studio, and clean up its succession planning.  Iger in November said the company would like to stay in India, but it was considering its options. "Reliance has a deep understanding of the Indian market and consumer," Iger said in the statement on Wednesday, adding the deal will allow "us to better serve consumers with a broad portfolio of digital services and entertainment and sports."  

Published 01 Mar 2024 09:36 PM

Axis Bank is Religares pick of the month for March, 10% upside seen at TP of ₹1,185; should you buy?

Axis Bank is Religares pick of the month for March, 10% upside seen at TP of ₹1,185; should you buy?

Domestic brokerage firm Religare Broking has picked Axis Bank as its stock pick of the month for March 2024 with a potential upside seen around 10 per cent. Shares of Axis Bank were on an uptrend and gained around three per cent today as Nifty 50 hit a fresh lifetime high of 22,353.30 on strong macroeconomic indicators.On Friday, March 1, shares of Axis Bank opened at ₹1,074.05 and gained 2.5 per cent to hit an intra day high of ₹1,101.60 against its 52-week high of ₹1,151.50 apiece on the BSE. Shares of Axis Bank settled 2.20 per cent higher at ₹1,099.35 apiece on the BSE. At a current market price (CMP) of ₹1,085, Religare sees a potential upside of 10 per cent on Axis Bank stock at a target price of ₹1,185 from an initiation range of ₹1,080-1,085 and a stop loss of ₹1,030. Religare Broking highlights that in its report that Axis Bank has remained one among the top performer among the private banking majors and we expect the outperformance to continue. ‘’The stock has been in a primary uptrend from last more than eight months, forming series of Higher Highs and lows with gradual rise in volumes. It has formed an elevated base around the 20 weekly EMA which also coincides with rising support trend line,'' said Religare Broking. Following the price action and uptick in volumes indicates the stock to resume its prevailing trend and inch higher to surpass its previous swing high, according to the brokerage. The stock gained marginally (around three per cent) in the previous series with reduction of eight per cent open interest (OI). 98 per cent of the open positions rolled which is same with respect to previously. ‘’OI of 82k contracts as against 89k previously. Decent cash based buying also seen in last three days of February series. With fresh cash accumulation and shorts being trapped, it may witness good short covering,'' said Religare Broking. The bank's net interest income (NII) in the third quarter at ₹12,532, crore, which rose by nine per cent - almost in line with the market estimate of ₹12,555 crore. NII is the difference between interest earned by a bank through loans and interest it pays to depositors. Meanwhile, the net interest margin (NIM) stood at 4.01 percent for the quarter ended on December 31, 2023. Net Interest Margin refers to the difference between the interest income earned and the interest disbursed by a bank in relation to its interest-generating assets such as cash.    

Published 01 Mar 2024 09:35 PM

Potential for any re-rating delayed for Paytm, says UBS; still sees 25% upside in the stock – heres why

Potential for any re-rating delayed for Paytm, says UBS; still sees 25% upside in the stock – heres why

Shares of One 97 Communications (Paytm) have witnessed an almost 50 percent drop just in February as investor sentiment turned negative amid the RBI and Paytm Payments Bank Ltd (PPBL) saga.In a recent note, brokerage house UBS said it believes that any potential for a re-rating of Paytm based on profitability improvement has been delayed. It has retained a 'neutral' call on the stock and reduced its target price to ₹510 (from ₹650 earlier). The new target indicates an over 25 percent potential upside. "Paytm's share price has derated significantly post RBI regulatory action and the stock is trading at 1.5x EV to one-year forward consensus sales, nearly an 80 percent discount to its Indian internet peers. Our ₹510 price target implies a 2.4x EV to FY25E sales, which is still a 70 percent discount to Indian internet peers. We believe this is justified as Paytm's growth profile is now much weaker at an 8 percent expected revenue CAGR over FY24-26E, versus Indian peers at a much higher 27 percent. Additionally, Paytm's re-rating potential based on its profitability improvement is now also pushed out and the company's margin profile is much weaker than peers. Furthermore, the loss of investor confidence based on the regulatory action is unlikely to change in a hurry. We believe only sustained execution in the coming quarters can re-build investor confidence which would drive a re-rating," explained the brokerage. The RBI on January 31 directed PPBL to stop accepting deposits or top-ups in customer accounts, wallets, FASTags, and other instruments after February 29, citing large-scale non-compliance with regulations and supervisory concerns. In the latest update, the Reserve Bank of India clarified that non-Paytm Payments Bank Limited (PPBL) linked merchants (85 percent of the total) can continue to function as normal and gave a 15-day extension till 15th March for most PPBL-linked activities. RBI also informed that @paytm UPI handles can be migrated to banks after approval from NPCI. This implies key linkages between Paytm and PPBL will be transferred to other banks via Paytm and also clears the way for Paytm to function as third-party app provider (TPAP), similar to its competitors PhonePe and Google Pay, once NPCI provides approval for the same. Following RBI's latest update, the anticipated negative impacts on Paytm have been alleviated to a considerable extent. Paytm is poised to retain a significant portion of its customer and merchant base pending certain approvals from the National Payments Corporation of India (NPCI). However, UBS anticipates a churn of 15-20 percent in merchants, customers, and devices in Q4 compared to Q3 levels, accompanied by a steep decline of around 60 percent quarter-on-quarter in loan origination. Additionally, it foresees a challenging FY25 with a projected 2 percent revenue decline, attributed to the loss in the wallet business and gradual normalisation in payments and loan origination activities. To regain lost customers, Paytm is expected to escalate its marketing expenditure, leading to heightened EBITDA losses in FY25, consequently prompting adjustments in its EPS estimates.    

Published 01 Mar 2024 09:35 PM

Stock market selloff: Nifty forms Bearish Engulfing; 21,850 next?

Stock market selloff: Nifty forms Bearish Engulfing; 21,850 next?

Nifty on Wednesday could not sustain early gains and saw heavy selling, as it closed below the psychological mark of 22,000 for the time since February 15. The index formed a Bearish Engulfing pattern on the daily chart, which has a negative connotation.   The silver lining was the index somehow managed to settle above its 21-day EMA on a closing basis. If the index stays below 22,000 level, chances are it may revisit 19,850-800 level, analysts said.“The index dropped below the 22,000 mark, indicating a growing weakness. Nevertheless, it managed to close just above the 21EMA on the daily timeframe. Observing the daily chart, the index has been navigating within a rising channel. A decline below 21,950 could potentially trigger a correction towards 21,800 in the near term,” said Rupak De, Senior Technical Analyst at LKP Securities. For the day, the 50-pack index closed at 21,951.15, down 247.20 points or 1.11 per cent. A sustained Nifty trade above 21,950 might spur a recovery in the index towards 22,100, De added. With the Bearish Engulfing candle, Nifty has given up all the gains of the previous week, said Chandan Taparia of Motilal Oswal Securities. This analyst believes that were the index say below 22000, weakness could be seen towards 21,850, followed by 21,700 levels. Resistances are seen at 22,150 and 22,222 levels, he said.atin Gedia – Technical Research Analyst at Sharekhan said that the index has reached its 20-day moving average of 21,944. He said the broad range of 21,800-22,300 still has not been breached. "The daily as well as hourly momentum indicators have a negative crossover, which  is a sell signal. But prices are still in a range and, hence, a decisive breach below 21,875 i.e. the previous swing low is required to validate the change of trend. The Index is around the crucial support zone 21,900, which is likely to act as a make-or-break level from short term perspective," Gedia said.  

Published 01 Mar 2024 09:34 PM

Info Edges Naukri and 99acres taken down from Google Play Store

Info Edges Naukri and 99acres taken down from Google Play Store

Google Play Store has removed Info Edge's Naukri and 99acres applications due to non-compliance with the tech giant's app billing policy for an extended period, according to Info Edge founder Sanjeev Bikchandani. The move is part of Google's broader initiative to eliminate apps from Indian developers that fail to adhere to its billing policies, reported Moneycontrol. JeevanSathi, the company's matrimony business, remains accessible on the Play Store as of the latest update. Despite complying with Google's app policies since February 9, following an interim order from the Supreme Court related to a case against Google's app billing policy, Naukri and 99acres, owned by Info Edge, have been removed from the Google Play Store. Sanjeev Bikchandani, founder of Info Edge, confirmed that all dues to Google have been paid promptly. The delisting appears to be a consequence of Google's ongoing efforts to enforce its app billing policy for Indian developers. Meanwhile, the Internet and Mobile Association of India (IAMAI) has issued a strong advisory to Google, urging the tech giant to abstain from delisting apps owned by Indian companies from its Play Store platform. This plea follows notices from Google, putting at least four Indian firms at risk of removal from the digital marketplace.  

Published 01 Mar 2024 09:33 PM

Infosys executive says AI will directly impact jobs, companies will hire fewer employees in future

Infosys executive says AI will directly impact jobs, companies will hire fewer employees in future

Ever since OpenAI introduced the world to ChatGPT in 2022, interest in generative AI has reached new heights. While some people feel that the emerging technology will prove to be beneficial for people and aid them in their day-to-day lives, there is another section of people who have been saying that it will take away human jobs. And an Infosys senior executive believes that generative AI will lead to decreased headcount in organisations. In other words, companies will be hiring fewer employees in the future thanks to AI.Satish H C, executive vice-president and co-head (delivery), said according to a Business Standard report, that because of new technologies like generative AI (artificial intelligence), companies will need fewer employees in the future. He added that this shift will happen gradually over the next three to five years. He further explained that as companies start using advanced technologies like generative AI more, they'll become more efficient, and that means they won't need as many people for traditional jobs. In simple terms, as technology becomes more important, companies might hire fewer people in the future, and this shift is expected to happen slowly over the next few years. In another interview with Reuters, the Infosys senior executive had said that the company was also turning out to be "AI first." He had said, "At Infosys, I don't think we were digital first. It took us a few years, but now that we have the hindsight of how we adapted to digital, we are adapting to AI much better and I think we are going AI first," he said.A few companies have already started replacing some of their human workforce with AI. One such company that recently made headlines for its automation success is Klarna, a Swedish financial technology company. The company revealed recently that its AI assistant has taken on the work that 700 employees used to do. This news comes a year after the company fired approximately a similar number of employees. The company had also faced massive criticism for the same. When Klarna faced staff reductions, CEO Sebastian Siemiatkowski pointed to economic uncertainties, worries about inflation, and the potential for an upcoming recession as reasons for the decision. Siemiatkowski had also received criticism for his handling of the situation, especially when he posted a spreadsheet on LinkedIn that listed the names of many laid-off employees. In response to questions from Fast Company about how the AI assistant's productivity in human terms was calculated, Klarna clarified that this metric had no connection to the earlier staff reductions.  

Published 01 Mar 2024 09:33 PM

Phone with 28,000mAh battery showcased, Energizer says it can last for a week

Phone with 28,000mAh battery showcased, Energizer says it can last for a week

While I saw a lot of innovative devices at this year's MWC 2024 tech show, the thing that I was not expecting to see here is a smartphone with a whopping 28,000mAh battery under the hood. Well, I think you might be as surprised as I was after finding out about it. Moreover, this one even has a rugged build quality and the company is claiming that it is shockproof as well as waterproof too. At MWC 2024, Avenir Telecom showcased it as an Energizer Hard Case P28K device.It is like any other traditional smartphone in the market, but with a much bigger battery and good build quality. It seems the device might not be for a regular consumer because it is very bulky and almost feels like holding a big stone in hand. But, it is a perfect device for workers, maybe, who work in places like mining and more. The smartphone won't die soon and will last for a week, something that they might want to have. It will also not get damaged because of water - all thanks to its support for IP69 rating. I do believe that its robust battery capacity comes at a cost in terms of size and weight. Weighing 570g and measuring 27.8mm thick, it's substantially bulkier than conventional smartphones. Nevertheless, it supports fast charging up to 33W, allowing for a full charge in under an hour and a half. The device runs on Android and has all the Google apps as well. Marketed as the ultimate endurance phone, this device promises an entire week of regular usage and with an IP69 rating, the company is ensuring durability in harsh environments. With talk time rated at 122 hours and standby time extending up to 2252 hours, it seems like a dependable companion for extended periods without access to charging points. In terms of specifications, the P28K offers entry-level features with no 5G support and a MediaTek MT6789 processor. It includes 8GB of RAM, 256GB of storage, a trio of rear cameras, Android 14, and a 6.78-inch 1080p LCD display. Avenir Telecom plans to launch the Energizer Hard Case P28K in October 2024, priced at EUR 249.99, targeting global markets excluding the US. While it may not appeal to those seeking sleek designs or cutting-edge performance, the P28K caters to a niche audience prioritizing endurance and reliability in their mobile devices.  

Published 01 Mar 2024 09:32 PM

Advertisement rates may see correction following Disney-Reliance merger

Advertisement rates may see correction following Disney-Reliance merger

While the Disney-Reliance  merger will rejig ad rates, experts are unsure if this is necessarily a bad thing. Advertisers are worried that the merged-co would rack up ad rates indiscriminately, especially as they wield a monopoly in live sports and linear programming. However, others argue that this is necessary course correction as far as pricing is concerned. Especially as the current ad rates are deemed too low to recover content costs for broadcasters and streaming firms. Right after the merger was announced, a report by UBS predicted that ad rates will rise by 20-25 per cent across the board. “Bargaining power of the broadcasters (now fewer and larger) would increase at the cost of the advertisers. There would also likely be some rationalization in content costs as well, leading to industry-level margin improvement,” analysts at UBS said in a note. Reacting to the merger, international advertising firm dentsu emphasised the need for 2-3 strong players in the media market to keep ad rates in check. “For the advertising and marketing sector, this presents a dual prospect of opportunities and challenges. On the positive side, it unlocks fresh possibilities for crafting and deploying innovative and compelling campaigns across an extensive and diverse portfolio of channels and platforms, providing us with extensive reach. However, it also heightens competition and enhances the negotiating power of the newly merged entity, enabling it to exert greater control over pricing and inventory. I hope that in the coming years, the merger achieves a balanced outcome. It’s crucial to maintain two or three major players in the market to foster a healthy and competitive environment, which ultimately should serve the end consumer,”  Harsha Razdan, CEO, South Asia, dentsu, explained. On the streaming front, a Disney-Reliance merged co might not necessarily wield a definitive monopoly, as Netflix and Amazon Prime will be able to hold their own against the merged entity. But the same cannot be said about live sports and linear programming according to Santosh N, Managing Partner at D&P Advisory. “Ad rates will certainly go up for sports and linear TV, but that might not necessarily be a bad thing. Moreover, Disney-Reliance cannot increase the rates indiscriminately, especially because advertisers will simply opt out, given that they have many alternative mediums for advertising.” “The coming together of Reliance and Disney will create a very large and dominant player on the supply side. But we conveniently forget that the demand side has always had a very large and dominant Group M with a 50%+ market share. So a strong media entity will now balance the scales. Interesting times ahead!,” Sandeep Goyal, Chairman, Rediffusion, said.      

Published 01 Mar 2024 09:31 PM

Uday Shankar to be VC of merged Reliance-Disney media business: Report

Uday Shankar to be VC of merged Reliance-Disney media business: Report

Former Walt Disney executive Uday Shankar will be named as vice chairman of the board following a merger between the India media assets of Reliance Industries and Disney, two sources familiar with the matter told Reuters.Reliance and Disney are expected to make a formal announcement on Wednesday after signing a binding pact. Shankar is set to take a stake of around 9% in the new merged entity, Reuters reported in February. Reliance and Disney each have a streaming service and 120 television channels between them and the deal is expected to strengthen Reliance's hold over India's $28 billion media and entertainment market. Reuters on Tuesday reported that the new entity is likely to have Nita Ambani, wife of Indian billionaire Mukesh Ambani, as chair of the board.  

Published 01 Mar 2024 09:31 PM

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