Nestle's Accountability, PVR New Strategy, Nyka, Myntra, Tesla Prices, ETC

Market Briefs

Main Briefs

Nestlé Under Fire: NGOs Push for Accountability on Cerelac:

• NGOs are urging the Swiss government to take action against Nestlé's Cerelac.

• Concerns focus on the safety and nutritional claims of the product.

• NGOs are calling for stricter regulations and increased accountability.

• This is not the first time Nestlé has faced scrutiny over Cerelac.

Innovative Marketing: PVR INOX's Strategy with Global Icons:

• PVR INOX is adopting new strategies to stay relevant in the entertainment sector.

• The company is leveraging the popularity of Taylor Swift, Virat Kohli, and BTS.

• Efforts include innovative marketing and curated content.

• The aim is to attract diverse audiences and improve box office performance.

Indian Briefs, You Can’t Miss:

1. Big Moves: Vodafone's Strategic Stake Sale in Indus Towers.

2. Nykaa's Generous Move: 4.73 Lakh Shares Granted to Staff.

3. Bharti Airtel Makes Power Move with Rs 7904 Cr Spectrum Dues Prepayment.

4. Minda Corp and Taiwan Firm Team Up to Manufacture Local Sunroofs.

5. Green Growth: India’s Green Building Market Eyes $39 Billion by 2025.

6. Big Budget Boost: FAME 3 to Launch with Rs 10,000 Crore Outlay.

7. India’s Army Acquires First Indigenous Man-Portable Suicide Drones.

8. Star Power: Shah Rukh Khan Signs Up with Myntra for New Campaign.

9. TCS Shines, Infosys Impresses in Kantar's Most Valuable Brand Rankings.

World Briefs

• Tesla to Raise Prices on China-Made Cars in EU Over Tariff Concerns.

• TCS Hit with $194 Million Penalty for Trade Secrets Misappropriation.

• Tata Communications Wins Prestigious Five-Year Contract with World Athletics.

• NFL Christmas Games to Stream on Netflix in Landmark Partnership.

AI Briefs

• AI Innovation Soars: Amazon Injects $230 Million in Cloud Credits.

• Meta Halts AI Training with European Data Amid Regulatory Scrutiny.

Company Of The Day

Company Name: Pocket FM

• Founder: Nishanth S., Prateek Dixit, Rohan Nayak, Sanidhya Narain

• Year Of Foundation: Sep 28, 2018

• Headquarter: Gurgaon, Haryana, India

• Industry:

  Pocket FM creates audio series platforms for long-form audio entertainment.

• Why Is It in the News?

  Pocket FM has filed a petition in the Delhi High Court against Disney+ Hotstar for an alleged copyright violation.