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News on Medial
Sony gaming chief Jim Ryan to retire, group president to be interim head
Economic Times
·
1y ago
Medial
Sony gaming chief Jim Ryan is set to retire, with Sony Group President Yoshida Kenichiro taking over as interim head, according to sources. Ryan served as the CEO of Sony Interactive Entertainment, overseeing the launch of the PlayStation 5. Sony is expected to make an official announcement soon.
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KVS Manian new joint managing director in Kotak Mahindra Bank reshuffle
Livemint
·
1y ago
Medial
Kotak Mahindra Bank has announced a reshuffling of top positions, including the appointment of Manian as president, head of corporate, institutional and investment banking. Shanti Ekambaram has been named deputy managing director. Devang Gheewalla will take over as chief financial officer. Milind Nagnur will be the chief operating officer and will continue to serve as chief technology officer. Paul Parambi is appointed as the group chief risk officer. These appointments are subject to approvals.
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Google names Preeti Lobana as Country Manager, VP for India
Livemint
·
7m ago
Medial
Google has appointed Preeti Lobana as the new country manager and vice president of its India operations, replacing interim head Roma Datta Chobey. Lobana’s appointment marks a significant move as Google becomes the second major tech company in India, alongside Meta, to appoint a female country head.
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Unity Software cutting 25% of staff in 'company reset' continuation
Economic Times
·
1y ago
Medial
Unity Software, a videogame software provider, is planning to lay off approximately 25% of its workforce, amounting to about 1,800 jobs. This marks the company's largest layoff, with completion expected by the end of March. While Unity may not be well-known outside of the gaming industry, it is relied upon by over 1.1 million game creators monthly. The layoffs are part of a "company reset" announced by interim CEO Jim Whitehurst in an effort to focus on the core business and drive long-term profitability. This comes after a period of controversy and leadership changes for the company.
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Jio Ropes In NODWIN Gaming’s Former CEO Sidharth Kedia To Head Gaming Vertical
Inc42
·
1y ago
Medial
Kedia, formerly of NODWIN Gaming, has joined JioGames as Senior VP and Head. This marks his return to the Reliance group. Jio has previously established a strategic partnership with Gamestream to enhance its cloud gaming platform.
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Sony Pictures CEO Tony Vinciquerra to step down; Ravi Ahuja named successor | Mint
Livemint
·
9m ago
Medial
- Sony Pictures Entertainment (SPE) announces a leadership transition. - Tony Vinciquerra to step down as Chairman and CEO on January 2, 2025. - Ravi Ahuja, Chairman of Global Television Studios and President and COO, will succeed Vinciquerra as President and CEO. - Vinciquerra will remain as non-executive Chairman and advisor until the end of 2025. - Kenichiro Yoshida, Chairman and CEO of Sony Group, praises Vinciquerra's leadership and strategic decisions. - Ravi Ahuja brings extensive experience from successful entertainment companies and joined SPE in 2021.
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SC refuses interim relief to Games 24x7 & Head Digital Works on tax notices
Inc42
·
1y ago
Medial
The Supreme Court has denied interim relief to e-gaming companies Games24x7 and Head Digital Works, regarding Goods and Services Tax (GST) demand notices. The court will consider the constitutional validity of imposing a 28% GST on the full value of bets placed in online games, instead of the gross gaming revenue. The online gaming industry in India is also facing other challenges, with platforms like Quizzy, OWN, and Fantok temporarily suspending operations due to changing tax and regulatory conditions. Show-cause notices for suspected tax evasion have also been issued to several companies.
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Nykaa Ropes In The Good Glamm Group’s Sukhleen Aneja To Lead Kay Beauty
Inc42
·
10m ago
Medial
Nykaa has hired Sukhleen Aneja as the Senior Vice President and Business Head for Kay Beauty. Aneja, who was previously the CEO of The Good Glamm Group, will be responsible for driving the growth of Kay Beauty in international markets following its successful launch in India. Aneja has been with The Good Glamm Group for nearly three years.
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US demands EU antitrust chief clarify rules reining in Big Tech
Economic Times
·
4m ago
Medial
U.S. House Judiciary Chair Jim Jordan has urged EU antitrust chief Teresa Ribera to clarify the enforcement of EU rules affecting Big Tech, claiming they unfairly target American companies. This follows President Trump's memorandum scrutinizing the EU's Digital Markets Act (DMA) and Digital Services Act. Jordan, alongside Scott Fitzgerald, critiques the EU's hefty fines and regulations, arguing they disadvantage U.S. firms, stifle innovation, and potentially benefit China. They request a briefing by March 10.
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BharatPe appoints former Razorpay executive Pankaj Goel as CTO
Inshorts
·
2y ago
Medial
BharatPe has named Pankaj Goel as its new Chief Technology Officer (CTO), approximately seven months after the departure of former CTO Vijay Aggarwal. Goel, who has previously held leadership roles at companies like Sun Microsystems and Trilogy, will report to interim CEO Nalin Negi and CFO. Prior to joining BharatPe, Goel served as the Head of Payments Engineering at Razorpay.
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Reliance Industries appoints Ira Bindra as Group President for HR & Talent | Company Business News
Livemint
·
7m ago
Medial
Rajashree (Raji) Bindra has been appointed as the Group President - People and Talent of Reliance Industries Limited (RIL). She joins RIL after a successful career at Medtronic, USA, where she held roles as the Head of Human Resources and Vice President - Global Regions.
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