Dentsu Inc has purchased the respective 26 per cent equity stakes held by Mogae Consultants in Dentsu Communications, Dentsu Marcom and Dentsu Creative Impact. As per the transaction terms, Sandeep Goyal, the incumbent Chairman of Dentsu India Group, will resign from his position, but continue to support the Dentsu India Group as its Founder Chairman.
PayPal has had to change their usage policies as RBI guidelines do not allow virtual wallets – the service can be misused to not pay one’s taxes. However, the new rules could also affect exporters working online as the transaction limit is now set at $500.
BBC Worldwide Productions India launches ‘Firangi Tadka’, an all new cookery show for celebrated chef Sanjeev Kapoor’s new cookery channel. After producing a host of reality shows based on BBCW’s international hits such as ‘Jhalak Dikhla Jaa’ and ‘Wife Bina Life’. ‘Firangi Tadka’ will air daily, from Monday to Thursday, at 2.30pm, beginning this week on the channel Food Food.