New Pentagon Press Corps Test-Drives the Briefing Room
GLOBAL NEWS | Wed, 3 Dec 2025, 2:53AM IST
A new group of media figures was given credentials to cover the Pentagon after many traditional news outlets refused to sign its new reporting rules.
Continue reading at The New York Times
2h
South Korean brands surge into India via JVs, investments in soju, beauty, foods amid K-wave boom
INDIA BUSINESS | Wed, 3 Dec 2025, 1:30AM IST
Korean consumer brands are expanding into India across alcohol, beauty, food, and cigarettes, leveraging the 'Korean Wave'. Jinro soju has partnered with Monika Alcobev, while beauty firms Cosmax and Amorepacific are establishing Indian operations. KT&G is increasing its cigarette presence, and Lotte Group plans significant investments, with K-beauty poised for substantial growth.
Continue reading at Economic Times
3h
Omnicom restructures India leadership team after merger with IPG
INDIA BUSINESS | Wed, 3 Dec 2025, 1:23AM IST
Global advertising giant Omnicom has restructured its Indian operations. Multiple agency brands are being retired, and leadership teams are reshuffled following a merger with IPG. The consolidated creative business will operate as Omnicom Advertising, and the media practice as Omnicom Media. This move aims to streamline operations and enhance competitiveness in the Indian market.
Continue reading at Economic Times
3h
Pernod Ricard expects India business to beat US on the back of strong macro trends
INDIA BUSINESS | Wed, 3 Dec 2025, 1:18AM IST
French distiller Pernod Ricard anticipates India will soon be its top global market, overtaking the United States. This growth is fueled by increasing incomes and a preference for premium alcohol among young Indian consumers. The company is focusing on high-growth premium brands and introducing new locally-developed products to capture this expanding market.
Continue reading at Economic Times
3h
INDIA BUSINESS | Wed, 3 Dec 2025, 1:14AM IST
Indian content is experiencing unprecedented global reach through streaming platforms, with nearly 25% of viewership now originating overseas. This surge, fueled by subtitles and dubbing, marks a significant turning point for India's media and entertainment economy, expanding its cultural influence worldwide. Industry leaders emphasize the need for regulatory reforms to sustain this momentum and protect intellectual property.
Continue reading at Economic Times
4h
HC lets Dr Reddy's Laboratories export Semaglutide, blocks India sales till March '26
INDIA BUSINESS | Wed, 3 Dec 2025, 12:48AM IST
The Delhi High Court has permitted Dr Reddy's Laboratories to produce and export its version of the diabetes and anti-obesity drug semaglutide. This decision comes amidst a patent infringement case filed by Novo Nordisk. Dr Reddy's is restricted from selling the drug within India until March 2026. The court acknowledged a valid challenge to Novo Nordisk's patent for semaglutide.
Continue reading at Economic Times
4h
Sanchar Saathi mandate divides handset companies like Apple, Lava and AI+
INDIA BUSINESS | Wed, 3 Dec 2025, 12:46AM IST
Lava and AI+ plus, helmed by former Realme executive Madhav Seth, welcomed the priority being given to cyber security. But the overseas companies will find it difficult to implement the decision as preloading of apps involves commercial arrangements and not government mandates, executives said.
Continue reading at Economic Times
4h
Airbus confirms 'quality issue' on A320 panels
INDIA BUSINESS | Wed, 3 Dec 2025, 12:40AM IST
Airbus has identified a "quality issue" affecting metal panels on its A320 passenger jets, though the problem is "contained." The European plane-maker is inspecting potentially impacted aircraft, with newly produced panels conforming to requirements. This follows a separate incident requiring a software upgrade for thousands of A320 planes after a US flight encountered control issues.
Continue reading at Economic Times
4h
Nayara doubles fuel exports in Nov, turns to new markets
INDIA BUSINESS | Wed, 3 Dec 2025, 12:37AM IST
India's Nayara Energy significantly boosted fuel exports in November. The refiner shipped double the previous month's volume to new markets like the Bahamas and Taiwan. Nearly a third of these exports went through ship-to-ship transfer hubs, a common practice to obscure final destinations. This surge follows EU sanctions, with Nayara now relying heavily on Russian crude imports.
Continue reading at Economic Times
4h
Chhota Bheem maker seeks to raise Rs 250 cr at Rs 800 cr tag
INDIA BUSINESS | Wed, 3 Dec 2025, 12:33AM IST
Green Gold Animation, the studio behind Chhota Bheem, plans a significant expansion. They are seeking 250 crore funding at an 800 crore valuation. This investment will fuel the creation of new intellectual properties and boost animation production capacity. The company is also open to a change in ownership to support long-term growth.
Continue reading at Economic Times
4h
Chhota Bheem maker seeks to raise Rs 250 cr
INDIA NEWS | Wed, 3 Dec 2025, 12:33AM IST
Mumbai: Green Gold Animation, the creator of the Chhota Bheem television series and the Krishna film series, is seeking to raise 250 crore at a valuation of about 800 crore to accelerate its next phase of expansion, founder Rajiv Chilaka said.The Hyderabad-based studio, which employs around 500 people, plans to build new intellectual properties (IPs) and strengthen its animation production capacity in domestic and international markets."We are exploring a 250 crore raise at a 800 crore valuation to support our next phase of growth. The focus is on strengthening our animation capabilities and building new IPs," Chilaka said.The two decade-old company is also open to a change in ownership if it supports long-term growth. "We are open to a controlling investor if there is strong alignment and the partnership helps us scale responsibly," Chilaka said.The fundraising comes as India's media and entertainment sector faces consolidation, tighter content budgets and shifts in audience behaviour, forcing studios to rethink scale, cost structures and monetisation models.
Continue reading at Economic Times
4h
Two minutes to spare: Micro dramas keep audience glued to the screens
INDIA BUSINESS | Wed, 3 Dec 2025, 12:30AM IST
The rise of micro-drama content in India is nothing short of astounding, captivating over 73 million viewers in just under a year. This explosive growth is fueled by an audience that prioritizes mobile viewingspanning housewives, busy commuters, Gen Z, and Gen Alpha.
Continue reading at Economic Times
4h
Elon Musks Foundation Grows to $14 Billion, but Gives Little to Outsiders
GLOBAL NEWS | Wed, 3 Dec 2025, 12:27AM IST
The philanthropy has become one of Americas biggest, but most of its giving went to charities closely tied to the worlds richest man.
Continue reading at The New York Times
4h
Air India, other airlines face check-in system glitches briefly on Tuesday evening
INDIA BUSINESS | Wed, 3 Dec 2025, 12:23AM IST
Flight check-in systems at various airports experienced disruptions on Tuesday evening. Air India and other airlines faced delays due to a third-party system issue. The problem lasted for about 45 minutes. Airport teams worked to restore normal operations. The system was fully restored, and flights are now operating as per schedule.
Continue reading at Economic Times
4h
more