News:

Melt Update | 2 September | Sidharth Rao launches Punt Partners and MORE

melt, September 2, 2022

Meanwhile, Bharti Airtel has forayed into the ₹7,000-crore content delivery service market.

Top News:

1. Sidharth Rao launches Punt Partners
Sidharth Rao, who stepped down as group CEO of dentsuMB India in May this year, has joined hands with serial entrepreneur Madhu Sudan, to launch a new venture in the marketing technology (MarTech) space, called Punt Partners.

2. Reports: Wendy Clark to step down as Global CEO of Dentsu International
Citing sources, media reports say that Wendy Clark is reportedly stepping down as Global CEO of Dentsu International. Some reports say that her exit from Dentsu comes in the wake of a restructuring in the company.

3. Starbucks names Laxman Narasimhan as next CEO
Global coffee chain Starbucks has named Indian-born Laxman Narasimhan its next CEO. Narasimhan, who currently heads health and hygiene company Reckitt, will join Starbucks in October and take over from its iconic interim CEO Howard Shultz in April.

4. Twitter testing Edit button
Twitter is testing an Edit button with select users and Twitter Blue users over the next few weeks. The social media platform has not, however, given a timeline for the launch of the feature.

5. Airtel enters content delivery service market
Bharti Airtel has forayed into the ₹7,000-crore content delivery service market and has taken on board 15-16 over-the-top (OTT) content providers along with companies working in edtech and ecommerce segments.

6. Vedanta to be title sponsor of Delhi Half Marathon
Vedanta, the Indian mining company, has signed a five-year deal with Procam International to be the title sponsor for the Delhi Half Marathon. Vedanta has plans to invest between ₹ 100-150 crore in the next five years to align with the Fit India movement and CSR activities.