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New Delhi, Former India coach <keyword id="19923639" type="General" weightage="20" keywordseo="Rahul-Dravid" source="keywords">Rahul Dravid</keyword> passed a lead to his successor <keyword id="19914485" type="General" weightage="20" keywordseo="Gautam-Gambhir" source="keywords">Gautam Gambhir</keyword> in taming the tough situations he is bound to encounter - "exhale, take a step back", a message that left the latter "emotional." Dravid vacated the hot seat after India's triumph in the T20 World Cup in the Americas last month, and Gambhir took over the reins of the team from the on-going whiteball tour to <keyword id="19931726" type="General" weightage="20" keywordseo="Sri-Lanka" source="keywords">Sri Lanka</keyword>. "From one Indian cricket coach to another, one last thing. In the most heated of times, exhale, take a step back. I wish you the very best Gautam. I am sure you will take the Indian team to even greater heights," Dravid said in a video posted by <keyword id="19901245" type="General" weightage="20" keywordseo="BCCI" source="keywords">BCCI</keyword> on its 'X' handle. Dravid's dry wit came to the fore even amidst that touching message. "Even if it's difficult for you, crack a smile. Whatever else happens, that will shock people," he said, eliciting a wide smile from Gambhir. Gambhir sounded moved while thanking his predecessor for the wise words "I don't get too emotional but I think this message actually made me a lot emotional which normally I shouldn't. But it's a great message. "It's massive shoes that I can hopefully fill. Hopefully, I can do that with absolute honesty, transparency and hopefully, I can make the entire nation and more importantly, the person I have always looked up to - Rahul Bhai - proud," he said. Dravid was certain that Gambhir, who carried a never-say-die attitude in his playing days, will bring his fighting qualities to the coaching job as well. "As your teammate, I saw you giving it your all on the field. As your batting partner and fellow fielder, I saw your resilience and refusal to surrender. Across many IPL seasons, I noted your desire to win, your assistance to younger players and your drive to extract the best out of your team on the field. "I know how dedicated and passionate you are about Indian cricket and I am sure you will bring all these qualities into the new job," he said. The 51-year-old, however, offered a word of caution to his one-time teammate about living under constant scrutiny. "As you know, the expectations will be high and the scrutiny will be intense," he said, also reminding that there will be overwhelming support for him from all quarters. "But even in the worst of times you will never be alone. You will have the support of the players, your support staff, the leaders of the past, the management and never forget for whom you play - for fans who are very demanding but will always be behind the team." Dravid hoped that Gambhir will have a fully-fit squad to work with, and will have the assistance of fortune in crunch moments. "I also hope that you will also have the availability of fully fit players in every squad. Good luck with that. I also wish you a little bit of luck, as you know that all of us coaches need to make us look that little bit wiser and smarter than we actually are," he noted. The former Indian captain also urged Gambhir to forge a strong bond with the team members - something he managed to do during his tenure. "Hello Gautam, and welcome to the most exciting job in our world, as coach of the Indian cricket team. It's been three weeks since I ended my stint with the Indian team in a manner that was beyond my dreams, both in Barbados and a few days later in that unforgettable evening in Mumbai. "More than anything else I will cherish the memories and friendships I made in my time with the squad. As you take over the role of India coach, it's what I wish for you as well," he added. Gambhir imbibed Dravid's words in their true sense, and said he has not seen a more "selfless" servant of Indian cricket. "I don't know how to react because this message means so much to me. The reason is not because it comes from the person who I have succeeded but from a person who I have always looked up to when I was playing. "I have always felt that and I said it in a lot of my interviews - I think the most selfless cricketer I have actually ever played with. Rahul bhai has done anything and everything Indian cricket needed." Gambhir said Dravid's association with Indian cricket is a text book for others to learn from. "I think there is so much to learn from, not only for me but for the next generation and the current generation as well. That's how important Indian cricket is, not me, not individuals," he said. SEE ALSO:<a href="https://www.businessinsider.in/tech/mobile/news/apple-to-manufacture-iphone-16-pro-models-in-india-soon-after-launch/articleshow/112045172.cms" target="_blank"></a> <a href="https://www.businessinsider.in/tech/mobile/news/apple-to-manufacture-iphone-16-pro-models-in-india-soon-after-launch/articleshow/112045172.cms" target="_blank">Apple to manufacture iPhone 16 Pro models in India soon after launch</a><a href="https://www.businessinsider.in/tech/mobile/news/pixel-9-series-design-and-specs-revealed-ahead-of-launch-next-month/articleshow/112039063.cms" target="_blank"></a> <a href="https://www.businessinsider.in/tech/mobile/news/pixel-9-series-design-and-specs-revealed-ahead-of-launch-next-month/articleshow/112039063.cms" target="_blank">Pixel 9 series design and specs revealed ahead of launch next month</a><a href="https://www.businessinsider.in/stock-market/webstories/akums-drugs-ipo-opens-soon-price-band-to-risk-factors-all-you-need-to-know/slidelist/112033450.cms" target="_blank"></a> <a href="https://www.businessinsider.in/stock-market/webstories/akums-drugs-ipo-opens-soon-price-band-to-risk-factors-all-you-need-to-know/slidelist/112033450.cms" target="_blank">Akums Drugs IPO opens soon – Price band to risk factors, all you need to know</a>

In most heated of times, exhale, take a step back: Dravid''s message to Gambhir

<keyword id="6405378" type="General" weightage="20" keywordseo="gautam-singhania" source="Orion">Gautam Singhania</keyword>, Chairman and Managing Director of Raymond on Monday issued a statement to announce separation from his wife, <keyword id="201967" type="General" weightage="20" keywordseo="Nawaz-Modi-Singhania" source="Orion">Nawaz Modi Singhania</keyword>. Singhania wrote on X that Diwali is not going to be the same for him this year. "This Diwali is not going to be the same as many in the past. 32 years of being together as a couple, growing as parents and always being a source of strength to each other... we traversed with commitment, resolve, faith as along came the two most beautiful additions of our lives." "It is my belief that Nawaz and I will pursue different paths from here on... I am parting ways with her while we will continue to do what is the best for our two precious diamonds Niharika and Nisa," Singhania said in the post. He added that there has been a lot of rumour mongering and gossip around his family "fanned by not so well wishers". Earlier media reports said that Nawaz Modi Singhania, wife of Gautam Singhania, was allegedly stopped from attending her husband's Diwali party in Thane, last week. Nawaz Modi Singhania reportedly recorded the video of the incident which has gone viral. In the video, Nawaz can be heard saying that she was standing outside JK Gram. Nawaz Modi Singhania alleged that she was invited for the party but now she was not allowed to enter the premises, as per media reports.

Raymond's Gautam Singhania announces separation from wife Nawaz Modi Singhania

Top 10 richest people in Asia in 2024

<ul><li><keyword id="111343" type="General" weightage="20" keywordseo="gautam-adani" source="Orion">Gautam Adani</keyword> and <keyword id="3820" type="General" weightage="20" keywordseo="mukesh-ambani" source="Orion">Mukesh Ambani</keyword> are the top two richest men in the country with large conglomerates that have sheer dominance in several sectors.</li><li>Adani’s latest move to enter the media industry makes it a strong competitor for Ambani who is already trying to gain dominance in the field.</li><li>Adani’s new subsidiary will carry out media related business including publishing, advertising, broadcasting and distribution of content over several media networks.</li><li>This also means that there will be an OTT war in the country with Netflix, Amazon, and RIL all set to double their investments in the space.</li></ul>Gautam Adani and Mukesh Ambani are the top two richest men in the country with large conglomerates that have dominance in several sectors. But the story does not end here, the competition to be on the top involves expansion, capital infusion, gaining market share and much more. Head of Adani Group, Gautam Adani is the fifth richest person in the world with a net worth of $122 billion while Reliance Industries’ Mukesh Ambani is eighth on the list with a net worth of $103 billion, as per Bloomberg Billionaires Index, as of May 2. While both the group companies have diversified businesses, Ambani already has a strong presence in media and now Adani has chosen to enter the media sector and steer competition with Ambani. What is Adani getting into? On April 27, Adani Group’s flagship company Adani Enterprises announced that it established a new media subsidiary -- AMG Media Networks. The new subsidiary will carry out media related business including publishing, advertising, broadcasting and distribution of content over several media networks. AMG Media Networks will start its business operations in due course. The port and energy conglomerate has six companies listed on exchanges and most of these company stocks have rallied in the past few weeks despite weak market conditions. <table style="border-width: initial; border-style: none;" class="redcator-table-advance"></colgroup><tbody><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Adani Group companies </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">% return in the last one year </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Adani Enterprises </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">86% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Adani Total Gas </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">99% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Adani Power </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">196% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Adani Wilmar </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">184% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Adani Transmission </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">158% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Adani Ports </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">12% </td></tr></tbody><tbody></tbody><tbody></tbody><tbody></tbody></table>Investors have made fortunes by investing in Adani Group companies and billionaire Gautam Adani is getting closer to being on the top. Successful business segments might be another reason for the Group’s foray into new space like media. With broadcasting and distribution business under media, Adani is entering the space to become an emerging player besides Amazon, Netflix, Disney, RIL’s Viacom18, Sony, Zee Entertainment. Last year, Sony and Zee Entertainment went ahead with the merger to create one of the largest entertainment networks in the country. The Indian over-the-top (OTT) media industry is growing large day by day with an increasing number of audiences getting comfortable with watching movies, web series online. Adding to it, Amazon, the American video streaming giant is doubling down its investment in content in India by addressing how the Indian market is extremely attractive. “The Indian media has a strong tradition of industrialists owning and directly operating some of the oldest media outlets, Adani Group is now one of them. The future of media is continuing to turn to digital advances for entertainment, news, and business, which translates to major opportunities for businesses and such types of ventures always supports and justifies the establishment of a sustainable business,” said Ravi Singh, vice president and head of research at Share India. <div type="javascript" title="Custom" contenttype="Image"><cdata><![CDATA[]]></cdata></div> How deep is Reliance Group into the media space? RIL owns Network18, which runs 55 channels in India spanning news and entertainment, including 16 international channels. Another point of exposure in the entertainment industry is through Viacom18, which is a joint venture between RIL and Paramount Global (formerly ViacomCBS). Viacom18 owns and operates Colors TV channels and over-the-top (OTT) platform VOOT. To get ahead in the field, last week Reliance and Viacom18 have entered into a strategic partnership with Bodhi Tree, a newly formed investment platform jointly owned by media baron James Murdoch and Uday Shankar, former Disney executive to create ‘one of the largest TV and digital streaming companies in India’. Bodhi Tree Systems, along with a consortium of investors will make a strategic investment of ₹13,500 crore in Viacom 18. Additionally, RIL will make an additional investment of ₹1,645 crore in the venture. Besides, the collaboration will also transfer RIL’s JioCinema, an OTT app to Viacom18. The development is expected to take RIL’s media business one step ahead of others. The partnership happened the same day when Adani announced a new subsidiary venturing into the media business. So the show has begun and the time will decide who is bigger and better than the other. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/corporates/news/the-big-boss-of-indias-largest-consumer-company-is-worried-about-stagflation-and-unprecedented-inflation/articleshow/91251341.cms">The big boss of India's largest consumer company is worried about stagflation and unprecedented inflation</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/startups/news/byjus-swiggy-and-ten-other-startups-raised-the-biggest-round-last-quarter/slidelist/91251672.cms">Top deals raised nearly half the capital raised in last quarter</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/policy/news/green-hydrogen-and-indias-new-policy-around-it/articleshow/91251724.cms">EXPLAINED: Green hydrogen and India’s new policy around it</a>

Here’s how Gautam Adani and Mukesh Ambani are gearing up to compete against each other and what this means for the industry

Mumbai, Apr 18 () Diversified group Raymond Chairman and Managing Director Gautam Hari Singhania has said he will forgo his salary during the lockdown and will take a substantial pay cut after that to help support his company during this challenging time. "In light of the current situation, I have taken the decision that I will not be taking any salary from the company till the lockdown is in place. And, after that I will be taking a substantial reduction on the same," Singhania said in a video message to Raymond employees on Friday. He said liquidity is becoming a major problem, and the teams within the organisation are working hard to find cash. "I think we have to survive at any cost. We must conserve cash at any cost. And also make sure to focus on our collections. Every drop counts. We have to work hard to stay afloat at this tough time," he added. Further, he said that during the current tough times, each and everybody in the organisation will be required to take some tough measures and personal sacrifices. "We need to brace ourselves for this unprecedented time. And I am sure but he has come out at the end of it," he added. Singhania has joined in with his peers who have stood up to the challenges and have shown their commitment by taking pay cuts to support their business amid the COVID-19 crisis. The COVID-19 pandemic has brought havoc to businesses that led many companies resorting to pay cuts and layoffs not only in India but across the world. Uday Kotak, Ritesh Agarwal, Vijay Shekhar Sharma, Anand Mahindra are among many top executives who have announced to forgo their salaries. Kotak Mahindra Bank CEO Uday Kotak has opted to forego his salary and will take only Re 1 as compensation, OYO Hotels &amp; Homes CEO and founder Ritesh Agarwal will take a 100 per cent salary cut for the rest of the year to enable building the runway for the company, Paytm CEO and founder Vijay Shekhar Sharma announced that he will not take two months' salary, Mahindra &amp; Mahindra chairman Anand Mahindra is contributing his 100 percent salary to deal with the severe impact of the coronavirus pandemic. SM HRS

Raymond CMD Singhania decides to forgo salary during lockdown, to take pay cut after that

<ul><li><keyword id="7413620" type="UNKNOWN" weightage="20" keywordseo="simsim">simsim</keyword> will continue to work independently as a separate entity even after the acquisition.</li><li>It has raised about $15.5 million to date from Accel, Shunwei Capital and Good Capital.</li><li>The Indian social commerce segment is really hot at the moment, with the entry of Tiger Global and SoftBank.</li></ul>US-based search giant Google’s video streaming platform <keyword id="10879" type="CITY" weightage="20" keywordseo="YouTube">YouTube</keyword> has announced the acquisition of Indian <keyword id="9674678" type="UNKNOWN" weightage="20" keywordseo="Video-Commerce">video commerce</keyword> platform simsim on Tuesday, July 20. The firms have not disclosed any financial details of the deal. simsim -- founded by Amit Bagaria, Kunal Suri, and Saurabh Vashishtha in June 2019 -- is an e-commerce platform that helps small businesses transaction to the digital economy using videos and content creation. The company connects local businesses, influencers and customers. “We started simsim with the mission of helping users across India shop online with ease, enabled through small sellers and brands showcasing and selling their products using the power of content by trusted influencers. Being a part of the YouTube and Google ecosystem furthers simsim in its mission,” the company’s co-founders said in a joint statement. simsim will continue to work independently as a separate entity even after the acquisition. YouTube, however, is now finding ways to showcase simsim offers to its viewers. “For over 15 years, small businesses have used YouTube to expand their presence online -- and many of them use YouTube to reach customers outside of their local community, from<a href="https://www.youtube.com/c/KAMSDESIGNERZONE/about"> Interior</a><a href="https://www.youtube.com/c/InteriorMaata/about"> Designers</a> to<a href="https://www.youtube.com/c/PrashantiHQ/featured"> Silk Saree sellers</a>. By bringing simsim and YouTube together, our goal is to help small businesses and retailers in India reach new customers in even more powerful ways,” Gautam Anand, vice president of YouTube Asia Pacific, said in a <a href="https://india.googleblog.com/2021/07/helping-viewers-discover-and-buy.html">blog post</a>. simsim has raised about $15.5 million to date from marquee investors like Accel, Xiaomi’s Shunwei Capital and Good Capital. The India social commerce segment is really hot at the moment, especially after the entry of Meesho in the unicorn club in April 2021. A unicorn, in startup parlance, is a private firm valued at or more than $1 billion. Earlier this month, DealShare announced a $144<a href="https://www.businessinsider.in/business/startups/news/social-commerce-startup-dealshare-raises-144-million-from-tiger-global/articleshow/84227890.cms"> million </a>funding round led by Tiger Global and co-led by WestBridge Capital, Alpha Wave Incubation and Z3Partners. In June, CityMall raised a $22<a href="https://www.businessinsider.in/business/startups/news/citymall-a-startup-that-helps-budding-entrepreneurs-start-their-ventures-on-whatsapp-has-raised-over-22-million/articleshow/83741383.cms"> million</a> funding round led by General Catalyst and Jungle Ventures, with participation from existing investors Accel, Elevation Capital (formerly known as SAIF Partners) and WaterBridge Ventures. Meesho, on the other hand, has raised $515 million to date from SoftBank, Facebook and others. The company had raised<a href="https://www.businessinsider.in/business/startups/news/facebook-backed-meesho-raises-300-million-from-softbank-vision-fund-2-valuation-jumps-to-over-2-billion/amp_articleshow/81907721.cms?utm_campaign=fullarticle&amp;utm_medium=referral&amp;utm_source=inshorts"> $300 million</a> at a valuation of $2 billion. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/news/india-has-added-36191-new-companies-between-april-to-june-this-year/articleshow/84575166.cms">India added almost double the number of new businesses in the last three months compared to same time last year, while India was mostly under lockdown</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/tech/apps/news/jeff-bezos-intimate-messages-data-from-drug-cartels-adnan-kashoggi-the-many-things-pegasus-is-suspected-of-hacking-before-whatsapp/articleshow/71849602.cms">Jeff Bezos’ intimate messages, data from drug cartels, Jamal Kashoggi — the many things Pegasus is suspected of hacking instead of terrorists and criminals</a>

YouTube acquires two-year old Indian video commerce startup simsim

<ul class="summary-list"><li>Ever since he was fired from Fox News, Tucker Carlson has been trying to escape from the network's grip.</li><li>He could have some leverage through Smartmatic's $2.7 billion defamation lawsuit.</li></ul>Tucker Carlson has some leverage.Ever since <a href="https://www.businessinsider.com/tucker-carlson-out-at-fox-news-2023-4">Fox News fired its star host in April with no explanation</a>, he has been in open conflict with the network.Forbidden from hosting his own TV show for the duration of his contract, which ends in December of 2024, Carlson has <a href="https://www.businessinsider.com/tucker-carlson-donald-trump-twitter-fox-news-threat-2023-6">resorted to vlogging on Twitter</a>. But Fox isn't happy with that arrangement, <a href="https://www.businessinsider.com/tucker-carlson-donald-trump-twitter-fox-news-threat-2023-6">sending legal threats</a> over his new show. Carlson has a potential ace up his sleeve: becoming a friendly witness for Smartmatic in <a href="https://www.businessinsider.com/smartmatic-remains-committed-to-fox-news-defamation-case-2023-4">its pending $2.7 billion lawsuit against Fox News</a>.Fox fired Carlson just days after <a href="https://www.businessinsider.com/dominion-fox-news-settlement-takeaways-what-happens-next-2023-4">it agreed to pay $787.5 million to settle a defamation lawsuit from Dominion Voting Systems</a>. The timing <a href="https://www.businessinsider.com/dominion-fox-news-deal-tucker-carlson-firing-settlement-2023-5">contributed to theories</a> — which Dominion has denied — that dropping Carlson was one of the settlement's terms.Carlson may have been a damaging witness for Fox News for other reasons. <a href="https://www.nytimes.com/2023/05/02/business/media/tucker-carlson-text-message-white-men.html">According to the New York Times</a>, evidence collected by Dominion as part of the lawsuit's discovery process show Carlson sending messages with misogynistic language and expressing some allegiance with a group of white men assaulting an "Antifa kid." The potential public damage would have hit Fox hard and fast. Before a settlement was reached, Dominion had planned to call Carlson to the witness stand.Still on the horizon is <a href="https://www.businessinsider.com/smartmatic-remains-committed-to-fox-news-defamation-case-2023-4">Smartmatic's defamation lawsuit</a>. Like Dominion, Smartmatic alleges that Fox News defamed it when it hosted Rudy Giuliani and Sidney Powell, two conspiracy theorist lawyers. In interviews on Fox News programs, they pushed false claims that Dominion and Smartmatic, two election technology companies, were somehow secretly in cahoots with each other and flipped the 2020 election from then-President Donald Trump to now-President Joe Biden.Smartmatic's suit, <a href="https://www.businessinsider.com/rudy-giuliani-more-counts-smartmatic-defamation-lawsuit-2023-2">which also includes Giuliani as a defendant</a> (Powell is being sued separately in Washington, DC, court for jurisdictional reasons), is playing out in a New York state court and expected to go to trial in 2025. The judge previously ordered Fox to give Smartmatic all the discovery evidence in the Dominion lawsuit, handing Smartmatic a powerful weapon already.If Smartmatic were to put Carlson on the witness stand — or even just play a deposition video — he could deal a potent blow against Fox News."It would be great primetime viewing when he has his deposition taken in the case," Clay Calvert, an expert in First Amendment law, told Insider.<h2>Smartmatic has to meet a high legal standard. Tucker may help.</h2>The fact that Carlson has already — in Fox's eyes — flouted his contract by hosting a show on Twitter could also make him dangerous. According to Gautam Hans, a First Amendment expert and professor at Cornell Law School, Fox shouldn't be sure he won't be willing to walk away from his ongoing contract, even if it means forfeiting tens of millions of dollars."For someone like Tucker Carlson, they could not be confident in the NDA holding in general, if they have one, because of his willingness to not comply with other provisions of his agreements," he said.Fox News has contended that its actions are protected by the First Amendment and called Smartmatic's lawsuit an assault on free speech."We will be ready to defend this case surrounding extremely newsworthy events when it goes to trial, likely in 2025," a Fox spokesperson told Insider. "As a report prepared by our financial expert shows, Smartmatic's damages claims are implausible, disconnected from reality, and on its face intended to chill First Amendment freedoms."A key hurdle for Smartmatic is <a href="https://www.businessinsider.com/fox-news-dominion-defamation-lawsuit-trial-first-amendment-free-speech-2023-4">proving "actual malice."</a> To meet that legal standard, Smartmatic must prove not just that the claims were false, but that decision-makers such as anchors, producers, and executives at Fox News knew they were false, or acted with reckless disregard for the truth.The only question, Hans said, is how far Carlson is willing to go in helping Smartmatic with its case, knowing it'll upset Fox News.<div type="image" title="tucker carlson" height="1862" width="2484" msid="101404204" hostid="261"></div>"Because the standard is so high, having as much ballast for your argument is never a bad thing, and I'm sure for Smartmatic, that would be appealing," Hans said. "The question is, is he willing to do that? Because it might open him up to some litigation risk in the future."Carlson, as someone who has the ear the most important executives at Fox News and its parent company News Corp., can become an important witness to help Smartmatic make that argument. In private messages revealed through the Dominion litigation, <a href="https://www.businessinsider.com/tucker-carlson-told-sidney-powell-her-election-claims-cruel-reckless-2023-3">he had already said he believed that Powell was "lying."</a>"One key factor where he's most relevant is source credibility, which is one of the circumstantial pieces of evidence that can show reckless disregard for truth," Calvert, nonresident senior fellow at the American Enterprise Institute, told Insider. "Courts have said that in other cases. How credible is your source? Did you have a reason to doubt your source?"Carlson didn't respond to a request for comment. He has been circumspect in his public remarks about Fox News as his attorney tries to disentangle him from the network. But under subpoena and on the witness stand, no non-disclosure agreement could stop him from speaking his mind.Fox will likely "try to paint him as he's got an ax to grind," Calvert said. But Smartmatic will have contemporaneous messages to work with. And under subpoena, Carlson will be obligated to be honest."He's obligated to tell the truth regardless of whether he had been fired," Calvert said. "Under the law, you don't embellish anything."

Tucker Carlson could play a starring role in Smartmatic's $2.7 billion defamation lawsuit &ndash; and Fox News should be terrified

Mumbai, Jun 22 () Amid an organisational restructuring to tide over the COVID-19 woes, apparel maker Raymond has seen about 1,100 employees either resigning or being sacked since April as part of cost-control measures, retrenched employees claimed, but the firm refuted their assertions on non-payment of full dues. About a dozen employees spoke to said the Raymond management sought resignations from them, failing which they were threatened with termination. While some 400 were coerced into resignation, around 700 who did not do so were sacked. Similar notices have been served to 400 more now, they claimed. The Gautam Singhania-led company had 7,087 employees on its rolls as of March 2019, according to the annual report. A company spokesperson, however, refuted the numbers saying queries on the issue "are factually incorrect, malicious and misrepresented with vested interests." "We would further like to state that in line with the prevailing market conditions and unprecedented challenges, the company has undertaken the process of cost rationalisation to minimise the impact on business due to the pandemic. "Basis this rationalisation exercise certain roles were identified to be redundant and the same was communicated to the employees concerned, post which they submitted their resignations," the company spokesperson said. The staff alleged that their salaries were cut by up to 65 per cent since April and before the resignations were sought, and only the basic pay was being paid to those serving notice period. On this, the company spokesperson said, "as per the employment contract, they have been put on the notice period of three months and are being paid in compliance with the terms and conditions. All the said measures and actions are taken as per the laid down procedures and are in the overall interests of all stakeholders." Raymond on June 10 informed exchanges that all its retail stores remained shut during the first and second phase of the coronavirus lockdown with gradual reopening thereafter, while its suiting and shirting fabric manufacturing plants remain shut due to subdued demand. The firm was looking at debt raising and alternate working capital to manage liquidity. "In line with the prevailing market conditions and unprecedented challenges, we have undertaken a process of cost rationalisation and various cost control measures related to sales and marketing, manpower, rentals and others to minimise the impact on business due to the pandemic," it had informed the bourses. spoke to a dozen of the employees but all of them requested not to be named fearing reprisal, as they are serving the three-month notice period after termination by the over 90-year-old group that has two verticals--Raymond Apparel which sells brands like Park Avenue, Parx, Colour Plus; and garmenting and shirting business under Raymond Suitings. The staff allege that their salaries were slashed by up to 65 per cent in April before the resignations were sought from them through WhatsApp calls/messages in early May. During the notice period, they are being given just about their basic pay after deducting income tax on the full salary, resulting in only 25-27 per cent payment.The HR department sent termination messages to only those who didn't tender resignations voluntarily, they said, alleging the huge salary cut that preceded was not conveyed to them personally in writing but was posted on the company website. In mid-April, Singhania in a video message exhorted the staff "to survive at any cost by conserving cash at any cost and to make sure to focus on our collections," and said he'd not draw a penny in salary during the lockdown. According to the employees, Raymond announced huge salary cuts ranging from 20 per cent (who are still employed), 50 per cent to those who are benched now and a hefty 65 per cent to those who have been terminated now. Employees fear more jobs will be lost from the 50 per cent bracket. "What is more, though the official reduction is 65 per cent, we are only getting 25-28 per cent as they are deducting tax on the full salary and what is paid is not even the full basic pay," six of them told requesting not to name them. These employees have spent between 18 months and 12 years with the group in high positions as heads of marketing, logistics, supply-chains. Barring three, all of them have liabilities like home loans, school fees and rentals to pay, among others. "Late April, I was told my division would be recast as some positions have become redundant but was assured of my position. But within 10 days I received a WhatsApp call saying my position too has become redundant and that I have to resign in the larger interest of the organisation, which I refused. Within hours, I was terminated," a person who headed marketing at one of the divisions said. Another person said over 20 jobs were lost from his division, and more are on the way out. "They did not spare even a few who have a couple of months to retire," said the person cited above who was in the supply chain division for the past decade. "The pay-cut announcement was made in May but effective April! he said, adding, "a legal notice is being prepared seeking either re-employment or full salaries." "We aren't opposed to retrenchment. Our only demand is to pay us full salaries during notice period," said another person from the supply chain side and is the only earner in his family with a home loan and two school-going kids. Accusing the management of frequently changing HR policy, another employee said most culling is driven by favouritism. There is no union as the majority of those sacked are in the management cadre, he alleged. "We were even ready for the 65 per cent salary cuts as we have given everything to this company in all these years. Over 1,100 of us were sacked by a company that had won the best-place-to-work-with award just two years ago," said a person from Raymond Suitings who was heading a department. He also said Clause 17 of their appointment letter specifies those serving the three-month notice will be given full salary. BEN AA ANZ ANU ANU

Raymond cuts workforce to tide over COVID-19 woes

New Delhi, Dec 3 () India needs to discourage large-scale paper imports to boost the domestic paper industry, Union Minister Nitin Gadkari said on Tuesday.
The MSME minister also pitched for use of bamboo as a raw material by the industry as different types of papers can be made using bamboo. The government has allocated Rs 1,300 crore towards 'Bamboo Mission', he said.
"India is witnessing large-scale paper imports despite the presence of diversified paper sector in the country. I am especially concerned about the growth prospects of small scale paper and pulp industries, an important part of MSME sector. 
"The imports in paper sector need to be discouraged while exports should be enhanced to support the domestic industry," Gadkari said in a video message at the inauguration of Paperex 2019.He pitched for increasing the use of bamboo as it can be a win-win situation for the paper industry and the farmers.
JK Paper Managing Director Harshpati Singhania said,"Growth in paper industry is moving from developed world to the developing world. Consumption growth is declining in Europe and Americas while the same is going up in Asia and some of the Latin American countries. Currently, India is the fastest growing paper market in the world".
Singhania, who is also the founder President of Indian Paper Manufactures Association (IPMA), said servicing the growing requirement of paper is both an opportunity and a challenge for the industry. Large-scale import of cheap paper is meeting the demand which should have been met by the domestic industry. 
Paperex, the largest conference for pulp and paper technology organised in Asia is sharply focussing on technologies to replace single use plastic with paper and paperboard in an accelerated manner. 
 The conference is being organised by Inpaper International, the journal of Indian Agro &amp; Recycled Paper Mills Association (IARPMA).
Paperex is designed to meet all the aspirations of technology seekers as the world's latest and cost effective technologies will be presented during the 3-day conference, said P G Mukundan, Secretary General IARPMA.
According to IARPMA, paper industry is expecting a big leap in growth from present consumption of 18.5 million tonne to 25 million tonne by 2025 due to emerging consumer trends which favour paper over non-biodegradable options. NAM NAM ANU
ANU

Gadkari pitches for reducing paper imports

<ul><li><keyword id="177378" type="COMPANY" weightage="20" keywordseo="Cannes-Lions">Cannes Lions</keyword> today announced the Radio &amp; Audio Lions and Mobile Lions, the Creative Business Transformation Lions, Creative eCommerce Lions, Brand Experience &amp; Activation Lions, and Creative Effectiveness Lions, Innovation Lions, and the Young Lions Marketers Award.</li><li>FCB Interface wins another Bronze Lion for 'The Punishing Signal’ campaign in Brand Experience &amp; Activation category.</li><li>Dentsu Webchutney picks two more metals on Day 4, bringing its tally to 7.</li></ul>It is Day 4 of <keyword id="11254454" type="UNKNOWN" weightage="20" keywordseo="cannes-lions-2021">Cannes Lions 2021</keyword> and India has picked up four metals out of 21 shortlists across five categories. FCB Interface has added yet another Lion to its laurel as it won one more Bronze for 'The Punishing Signal’ campaign in Brand Experience &amp; Activation category under sub-category Not-for-Profit/Charity/Government. So far, FCB India and the Mumbai police’s campaign has won seven metals including one Gold, three Silver, and two Bronze Lions under Health &amp; Wellness, PR, Outdoor and Brand &amp; Activation Lions. Speaking on the win, Robby Mathew, Vice Chairman &amp; CCO, FCB Interface, said, “Absolutely delighted. I really wish we had entered it in more categories.” Dentsu Webchutney also continues its winning spree on Day 4 by adding another Bronze and Silver to its metal tally. The digital agency has won a Bronze Lion for Swiggy Instamart’s ‘The Better Half Recipes’ campaign under the Creative eCommerce (cultural insight) category. <div type="Youtube" id="mawkqC5WkIY" title="Swiggy Instamart | The Better Half Cookbook" thumbUrl="https://i.ytimg.com/vi/mawkqC5WkIY/mqdefault.jpg"></div> Dentsu Webchutney’s most awarded campaign at this year’s fest so far, The 8-bit journo also picked another metal in the form of Bronze under Mobile Lions category for Mobile-led Creativity. <div type="Youtube" id="g1jQXgfaLXE" title="8-Bit Journo" thumbUrl="https://i.ytimg.com/vi/g1jQXgfaLXE/mqdefault.jpg"></div> Elated with the victory, Gautam Reghunath, CEO, Dentsu Webchutney welcomed another Lion to his den at Dentsu Webchutney. He said, “It’s right about now, the middle of Cannes Lions week, where it usually gets exciting for us at Webchutney. That’s because the categories up for awards during that time, and those that we’ve been lucky to win in recently reaffirms our point of view on where creativity is headed. The kind of work that has won in digital craft, creative e-commerce, mobile, social &amp; influencer are true to the style of creativity that we want to champion and we’re so happy to be in such excellent company this year. And also the company of all the other wonderful Indian work that’s won from FCB, DDB, Ogilvy and others.” As of today, both Dentsu Webchutney and FCB India are in the lead with 7 metals. On the other hand, Cheil India has picked its first Silver Lion of this year’s fest for Samsung’s ‘Now, Words Aren't Just Heard’ campaign under Mobile Technology category for Innovative Use of Technology. Since the invention of Braille in 1824, there has not been much progress in the way in which the deafblind can communicate. As they suffer from impairment of sight and hearing it becomes nearly impossible for them to reach out to the world. While communication technology has progressed leaps and bounds from text and speech to images and video chats, it has been in stasis for the deafblind. Samsung Good Vibes and Cheil India came with a unique solution to this problem by launching a smartphone app that opens up the world of the deafblind and helps them communicate like never before. The app comes with two interfaces: a deafblind person can send a message from the app by tapping on the screen using Morse Code—where all letters of the English alphabet are combinations of dots and dashes. <div type="Youtube" id="5bYfvaxelE4" title="#KCA20 | Now, Words Aren&quot;t Just Heard, But Felt | Samsung | Cheil Worldwide" thumbUrl="https://i.ytimg.com/vi/5bYfvaxelE4/mqdefault.jpg"></div> On bagging the silver, Emmanuel Upputuru, CCO – Cheil India said, "Samsung Good Vibes- Now words are not just heard but felt is an innovative initiative to raise awareness of a problem that is often not seen or heard. It is a campaign that is now bringing inclusivity to over 500,000 people who have been disregarded by modern social media technologies. It is extremely humbling to be considered, much less to win the prestigious Cannes Silver in Mobile/ Innovative use of Technology category. We are grateful to be recognised for this innovative, adaptive and evolving two-way communication experience for the deafblind. The win reinstates our belief in company’s ethos of creativity inspired by technology. We hope to continue bringing such innovative work that will help the society as a whole. Keeping our fingers crossed for other categories.” There were no shortlists in the Radio &amp; Audio, Creative Business Transformation, Creative Effectiveness and Innovation Lions categories from our country. <div type="Article" hostid="261" msid="83775157" title="Cannes Lions 2021: On Day 3, India secures 21 shortlists" mstype="2" mssubtype="0"></div>

Cannes Lions 2021: India bags one Silver Lion and three Bronze Lions on Day 4

<ul><li><keyword id="9903157" type="UNKNOWN" weightage="20" keywordseo="route-mobile-600-crore-ipo">Route Mobile ₹600 crore IPO</keyword> opens tomorrow. </li><li>In an exclusive chat with Business Insider, Non-Executive Director Sandip Gupta and the Chief Strategy Officer Gautam Badalia revealed details about the company’s growth prospects, roadmap, and opportunities.</li><li><a href="https://www.businessinsider.in/">Check out the latest news and updates on Business Insider.</a> </li></ul>COVID-19 brought about a pause in the primary market, but the action is heating up again now. And the next one in line is <keyword id="3519758" type="PERSON" weightage="20" keywordseo="route-mobile">Route Mobile</keyword>, the company behind your banking OTPs to Uber messages and automated calls. Route Mobile’s IPO opens tomorrow. The company is looking to raise ₹600 crore, which it plans to use for business expansion. This is going to be the second IPO this month. Here are the <keyword id="9903155" type="UNKNOWN" weightage="20" keywordseo="route-mobile-ipo-details">Route Mobile IPO details</keyword>: <table style="border-width: initial; border-style: none;"></colgroup><tbody><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">IPO </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Specifics </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Opening date </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">September 9 </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Closing date </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">September 11 </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">IPO target </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹600 crore </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Price Band </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹345-350 per share </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Minimum bid </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;"> 40 equity shares </td></tr></tbody></table> Founded in 2004, this Mumbai-based cloud communication platform services provider offers digital token services from Whatsapp to Viber and Wechat to automated calls. And now they are in talks with Apple to increase its business footprint in every corner of the world, the company told Business Insider. The Managing Director Rajdip Gupta and Non-Executive Director Sandip Gupta are the promoters of the company. Both the promoters will sell ₹180 crore worth of shares through this IPO. In an exclusive chat with Business Insider, Non-Executive Director Sandip Gupta and the Chief Strategy Officer Gautam Badalia revealed details about the company’s growth prospects and opportunities going forward. These are the edited excerpts from the chat. Can you detail us more about your company? You cater to enterprises, (OTT) and mobile network operators (MNO); what are the big brands or companies that are associated with you? We are an enterprise that provides digital communication channels to the enterprises. Our customer base is from retails, banks to cab operators, and e-commerce. And whichever company wants to communicate with its customers, we provide them with a channel. And this channel can be SMS, voice call; it may email, it may be WhatsApp, it may be Viber, or can be a video. So these are the channels we provide to the enterprises so that they can efficiently communicate with the clients. For example, when you swipe your card, you get a debit alert, so that is done mostly by our SMS channels. Or you are on their OTT platform, and you need an OTP to download the content. So that OTP goes from our channel. We also provide a second layer in that. That is a voice channel when the client opts for an OTP via voice. How are you planning to use the IPO money? So we are looking at expanding both vertically and horizontally. Either entering into new geographies or consolidating into the existing one. We are also looking at expanding our product line. How has been the lockdown period for the company? So when you say lockdown, it has propelled our business more, as a lot of digital transactions happened during the period. So lockdown has given more value addition to our portfolio. So the overall lockdown period was better for us. Even our revenue growth was much better compared to the same quarter last year. <div type="image" title="RouteMobile" msid="77996794" hostid="261"></div> You have subsidiaries globally. What percent of your operation's revenue comes from foreign, and how much of it is from Indian companies? So in terms of revenue, 20% of our billing comes in Indian currency. The rest of the billing is in foreign currency. A large part of which is in USD and Euro. Total India revenue will be somewhere around 40% export and domestic business. Rest of which is outside India in foreign places like the UAE, UK, Malta, and Nigeria. <div type="image" title="Reserves RouteMobile" msid="77996834" hostid="261"></div> Are there any directly listed peers for competition? And if there are, what makes you stand out compared to them? So we are a global player. When it comes to the competition, we compete globally with companies like Infobip and others. In India, wherever we go, we have local competitors. In India, we have competition from Gupshup and few others. As people mostly stayed home during the lockdown, and that led to the growth in your business, what are the forward-looking business strategies that you have in mind to keep the momentum going? During the COVID-19 (lockdown), digital transactions have grown. And at the same time, many businesses were shut too, like hospitality and tourism businesses. Now when the economy is opening up, digital transactions will be much more needed. So with more transactions, it will add more value to the business. SEE ALSO: <a href="https://www.businessinsider.in/stock-market/news/happiest-minds-technologies-ipo-opens-today-grey-market-offering-over-60-premium/articleshow/77970729.cms" data-type="tilCustomLink">Happiest Minds Technologies IPO opens today — grey market offering over 60% premium</a> <a href="https://www.businessinsider.in/business/corporates/news/ashok-soota-backed-happiest-minds-techs-702-crore-ipo-what-works-for-it-and-what-doesnt/articleshow/77909427.cms" data-type="tilCustomLink">Former Wipro and Mindtree exec’s firm Happiest Minds Tech’s ₹702 crore IPO⁠ — what works for it and what doesn’t</a>

You Searched For "gautam singhania video message" and got 11 results

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You Searched For "gautam singhania video message" and got 11 results

In most heated of times, exhale, take a step back: Dravid''s message to Gambhir

PTI

Raymond's Gautam Singhania announces separation from wife Nawaz Modi Singhania

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Top 10 richest people in Asia in 2024

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Tucker Carlson could play a starring role in Smartmatic's $2.7 billion defamation lawsuit – and Fox News should be terrified