Shemaroo Entertainment appoints Arghya Chakravarty as COO

Shemaroo Entertainment appoints Arghya Chakravarty as COO

Shemaroo Entertainment, a leading M&E player, has appointed Arghya Chakravarty as a chief operating officer (COO). Earlier, Kranti Gada served as the COO in transforming the organization from a B2-B entity to a successful B2C brand. She will now pass on the baton to Chakravarty and become the president, new business opportunities. C...


Balaji Telefilms appoints Abhishek Kumar as group CEO

Balaji Telefilms appoints Abhishek Kumar as group CEO

Balaji Telefilms announced the appointment of Abhishek Kumar as group chief executive officer, according to regulatory filings. Kumar comes with over two decades of experience in business strategy, M&A, operations, and investing in technology and media. He moves on from Jupiter Capital, wherein he was working as the COO and general partne...


Musk

Twitter sues Elon Musk for cancelling deal

Twitter sued Tesla CEO Elon Musk on Tuesday, trying to force him to complete his $44 billion takeovers of the social media company by accusing him of “outlandish” and “bad faith” actions that have caused the platform irreparable harm and “wreaked havoc” on its stock price. Back in April, Musk pledged to pay $54.20 a share for Twitter, which a...


India SVOD revenue to reach $2.7 bn by ’26: GlobalData

India SVOD revenue to reach $2.7 bn by ’26: GlobalData

The subscription video on demand (SVOD) service revenue in India is expected to grow at a compound annual growth rate (CAGR) of 15.5 percent from $1.3 billion in 2021 to $2.7 billion in 2026, driven by solid growth in SVOD subscriptions and an increase in unique SVOD household penetration, according to GlobalData, a ...


Google

Alphabet to slow down personnel hiring for ’22

Alphabet Inc. said on Wednesday it would slow the pace of hiring for the rest of the year, the latest company to make such a move as decades-high inflation and the fallout from the Ukraine crisis pressure businesses. The announcement aligns the parent of search giant Google with other major tech companies, including Uber Technologies Inc. and...