Here is your daily round-up of news that matters in the marketing, media and advertising world, brewed hot and fresh in just 60 seconds.

Today’s Top Headlines:
1. Omnicom Media Group names Kartik Sharma CEO for its India operations
Former CEO of Wavemaker Kartik Sharma joins Omnicom Media Group as CEO for India operations. Sharma will work closely with Priti Murthy, chief executive of OMD India, and Jyoti Bansal of PHD Media India.
2. Facebook witnesses first annual fall in profits for five years 
Facebook. experienced its first annual fall in profits for five years, down 16% in the year to 31 December to 18.4bn dollar as reported by Marketing Week. This is despite its 27% year-on-year increase in advertising revenue.
3. UrbanClap rebranded as Urban Company
UrbanClap has been rebranded as Urban Company. The name change reflects the company’s ambition to be a horizontal platform, with a global footprint.
4. The Guardian to ban advertising from oil companies
The Guardian becomes the first major global news organization to take a stand on climate emergency by no longer accepting advertising from oil and gas companies. The move follows efforts to reduce carbon footprint and increase reporting on climate crisis.
5. AMFI signs up Sachin Tendulkar and MS Dhoni for their latest campaign
AMFI has signed up cricketing icons, Sachin Tendulkar and M S Dhoni, for their ‘Mutual Funds Sahi Hai’ campaign to help create awareness about mutual funds as the preferred investment option.