BARC India is a joint industry body, set up by the Indian Broadcasting Foundation (IBF), Indian Society of Advertisers (ISA) and Advertising Agencies Association India (AAAI), adhering to Section 8 of the Companies Act.
The Managing Director & CEO of Marico takes over from Hemant Bakshi, who is relocating to Unilever Indonesia as CEO. The newly-elected Executive Council of the Indian Society of Advertisers has 19 members
It is learnt that debt funding through broadcasters and some major advertisers is currently underway for the present phase. As per sources, there will be no equity funding involved at any stage of the process