At Kyoorius, we’re dealing with the coronavirus situation with the seriousness it deserves.
Therefore, we’re doing what can be done remotely while keeping our followers informed on all that is happening in the world of media, advertising and marketing.
Consequently, till things improve, Melt in a Minute will change a bit.
The format will change from all video to a text-based post. A little more difficult to consume, but it’s the best we can think of under the circumstances.
All of you, stay safe.
And stay informed with posts like this one.
Top News Today:
1. Reliance Industries In Talks To Buy Urban Ladder
Reliance Industries is in talks to buy online furniture retailer, Urban Ladder, the Times of India reported today. As per the article, the talks are at an advanced stage and a deal could be pegged at around $30 million. The news comes as the COVID-19 pandemic forces many Indians indoors, spurring a wave of online shopping.
2. Sony Music India Appoints Mairu Gupta As Director, Digital Business
Sony Music India has announced the appointment of Mairu Gupta as director, digital business. Gupta will lead Sony Music’s digital business with its streaming partners across the country and will collaborate with global teams to drive and enhance digital revenue and market share. As reported by campaign India, he moves from the NBA where he was leading content and media distribution.
3. Indian Lawmakers Accuse Facebook Of Political Bias
Facebook is facing heat in India over a report that claimed the company compromised its hate speech policy to favor the ruling party. Politicians from both Bharatiya Janata Party (BJP) and opposition Indian National Congress lambasted Facebook for its supposed favoritism to the other. As noted by TechCrunch, the debate was sparked by a Wall Street Journal report which claimed that a top Facebook public-policy executive in India, had opposed applying the company’s hate-speech rules to a member of BJP.
4. Adfactors PR Appoints Ashwin Bajaj As Senior VP, IPOs, & Transactions
Adfactors PR has appointed Ashwin Bajaj as Senior Vice-President, IPOs and Transactions. As per exchange4media, he will be based out of the firm’s Mumbai Office. Prior to this, Bajaj was former Head of Investor Relations for Adani Group’s Energy Companies.
5. Fortis Healthcare To Rebrand As Parkway
Fortis Healthcare has announced that it will rebrand the name of the company and its subsidiaries to ‘Parkway’ in relation to the hospital business, to disassociate itself from the erstwhile promoters. ‘Parkway’ is a brand in the field of healthcare, belonging to Malaysian health care major, IHH Group, the parent of Northern TK Venture. Northern TK Venture is the promoter of Fortis with 31 per cent shareholding. As per The Economic Times, its diagnostic arm, SRL will also look for a new brand name and logo.
