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Tag: Harsh Goenka

  • The jury panel was headed by Harsh Goenka, Chairman, RPG Enterprises

    IAA Leadership Awards to be presented on July 25

    By Our Staff

     

    The India Chapter of the International Advertising Association (IAA) will present its prestigious Leadership Awards on Monday, July 25, in Mumbai. These awards are presented to the leaders of the marketing fraternity who have excelled in their respective fields.

     

    Said Committee Chair Nandini Dias said “We are privileged to have a prestigious all-CEO jury panel headed by the indomitable Harsh Goenka, Chairman, RPG Enterprises along with other eminent jury members – Pawan Goenka, Chairman INSPACe and Ex-MD & CEO, Mahindra & Mahindra Ltd; Hemant Malik, Divisional Chief Executive – Foods, ITC Limited; Suparna Mitra, Chief Executive Officer- Watches and Wearables Division, Titan Company Limited; Vineet Bhatnagar, Managing Director & CEO PhillipCapital India; Vivek Sunder, Chief Executive Officer, Cuemath & Arijeet Talapatra, CEO, Transsion India.

     

    Over the years, we have come to evolve a streamlined and structured process that takes into account rigorous data points to arrive at the shortlist for each predetermined category. This enables the jury to conduct exhaustive and well-founded deliberations before they arrive at the final winners.”

     

    Added IAA President Megha Tata, “the Leadership awards are known for the superlative audience they attract. Apart from the marketers, there are also special awards for categories like Business leader of the Year, IAA Creative Agency Leader of the Year, IAA Media Agency Leader of the Year, IAA Media Game Changer of the Year, IAA Media Person of the Year, IAA TV Anchor of the Year.

     

  • No. While Zee has declined to conduct an EGM, sources tell us the 18 percenters are not going to take things lying down

    What next as Zee takes on Invesco-OFI?

     

    By Our Staff

     

    So will we see a real-life Mahabharata war here? Right now it appears to be that, but in true TV soap style, guess it’s necessary to have some flexing of muscles before Zee founder and chairman emeritus Subhash Chandra pulls out all his trump cards, as he almost always does.

     

    On Friday afternoon, in filings to the stock exchanges, Zee has clearly declined the holding of an EGM, with details in an annexure. The letter addressed to Invesco and OFI concludes:

     

    “At its meeting held on October 1, 2021, the Board considered the Requisition Notice. Earlier, the Board obtained written legal advice from the Company’s counsel as well as independent legal advice from eminent former judges of the Supreme Court and senior corporate lawyers. After considering the unanimous advice received about the legal validity of the Requisition Notice, the Board deliberated, and unanimously concluded that the Requisition Notice is not valid, as it suffers from multiples legal infirmities which are summarized in the Annexure to this communication…. Accordingly, in the best interests of the Company as a whole, including all its shareholders and stakeholders, we express our inability to convene the EGM on the lines requisitioned by you.”

     

    Here’s a link to filing: https://www.bseindia.com/xml-data/corpfiling/AttachLive/4b679cc6-bceb-4b78-a730-8acddc9eeb01.pdf

     

    And this what a statement noted:

     

    This has reference to the requisition notice received by the Board of Zee Entertainment Enterprises Ltd., from Invesco Developing Markets Funds and OFI Global China Fund, LLC. The Board, comprising of experienced professionals deliberated and discussed various legal and statutory implications of the requisition notice.

    The Board sought the opinions of independent counsel, legal experts including senior retired Supreme Court judges and evaluated the matter in a fair and transparent manner. In its meeting held on 1st October 2021, the Board has arrived at a conclusion that the requisition is invalid and illegal; and has accordingly conveyed its inability to convene the Extraordinary General Meeting to Invesco Developing Markets Funds and OFI Global China Fund, LLC.

    The Board has arrived at this decision by referring to various non-compliances under multiple laws, including the Securities and Exchange Board of India Guidelines, Ministry of Information and Broadcasting Guidelines and key clauses under the Companies Act & Competition Act, and after taking into account the interests of all the shareholders and stakeholders of the Company.

    The Company cannot comment on any future actions since the matter is sub judice.

     

    From what we gather, there have been a fair number of attempts made to convince various quarters about how Zee is being wronged. It’s not that the Invesco-OFI aren’t reaching out to the media, but Friday’s development is sure to see lawyer fees as a significant component in the account books of the Zee as well as of Invesco-OFI.

     

    While we had The Times of India front-paging a report on the National Company Law Tribunal diktat on the EGM, there was this interview of RPG Enterprises chairman in The Economic Times that batted for Chandra and Punit Goenka and even spoke of an unnecessary shareholder activism.

     

     

    According to our sources, the Zee founder is making every attempt to ensure that the company he so painstaking created and nurtured doesn’t get out of his hands. The final approval for the Zee-Sony merger would require an ‘aye’ of 75 per cent of ZEEL’s shareholders many of who could work on the guidance of the government.

     

    Meanwhile, we can be sure that the Invesco-OFI camp is not going to sit quiet. First, there is an NCLT hearing coming up on October 4.

     

    Wait for it.

     

    Dear Editor: we think, we need to seriously consider employing a journalist well-versed in company law on our rolls. What say?

  • The debut edition of the awards to be presented by News18 India

    Ad Club announces jury panel for ‘Marquees 2017’

    By A Correspondent

     

    The Advertising Club has announced the jury panel for Marquees 2017, the all-new awards event that is scheduled to happen in Mumbai on August 11. Presented by News18 India and powered by Colors and MTV in its debut edition, Marquees 2017 will award brands for their excellence in building effective and sustainable equity.

     

    The jury panel comprises Harsh Goenka, Chairman – RPG Enterprises, Ronnie Screwvala, Co-Founder – UpGrad; Agnello Dias – Chairman & Co-Founder, Taproot India; Navin Chopra – Ex COO, Vodafone & Sr Advisor, TPG Capital; Dilip Cherian – Founding Partner, Perfect Relations and CVL Srinivas, CEO South Asia – GroupM. Hindustan Unilever ‎CEO and Managing Directoris jury chair.

     

    Speaking on the jury panel, Raj Nayak, President, The Advertising Club said: The illustrious jury for Marquees 2017 that consists of stalwarts from across categories brings in great diversity of experience and vigor into the deliberation process.  This diversity is set to provide significant insight mining potential and range in perspective into the evaluation method, ensuring that only the most deserved and path breaking marketers facilitating social and behavioral change emerge victorious.”

     

    On associating with Marquees 2017, Avinash Kaul, Managing Director, A+E Networks | TV18 and President – Strategy, Product & Alliances – Network18 said:“Network18 through its front-running Hindi general news brand News18 India believes in acknowledging talent that has transformational potential. As a news organisation, we bring cutting-edge stories that prompt authorities into action. Similarly, we believe  Marquees 2017 will recognise forward thinking marketers who create campaigns to inspire positive change. The multi-disciplinary jury panel of industry legends is sure to bring further credence and value to the awards, making it a much sought-after event for marketers.”

     

    Talking about Marquees 2017 awards jury, Partho Dasgupta, Chairman, Marquees 2017 said: “The debut edition of Marquees has already set a significant benchmark by bringing together a highly respected jury panel that consist of media legends. The combined experience, wisdom and technical knowhow of the jury is sure to recognise and validate brands and marketers that have redefined and challenged the conventional communication paradigm.”