ITV

Tag: TLG India

  • Publicis drags CCI to court over access to files in ad cartel probe

    Publicis drags CCI to court over access to files in ad cartel probe

    MUMBAI: Reuters has reported that  Publicis has hauled India’s antitrust regulator to the Delhi high court, accusing it of stonewalling requests for access to case files in a high-stakes price-fixing investigation that has rattled the country’s $30bn media and entertainment sector.

    The Competition Commission of India (CCI) stunned the industry in March with dawn raids on WPP’s GroupM, Dentsu, Publicis, Omnicom and others, probing suspected collusion on publicity rates and discounts. Sources told Reuters the CCI’s early findings suggest the firms coordinated via a WhatsApp group, struck secret deals, and teamed up with broadcasters to freeze out agencies that refused to play along.

    Triggered by Dentsu’s whistle-blowing under the CCI’s leniency scheme in February 2024, the probe could see penalties of up to three times profit or 10 per cent of global turnover for each year of wrongdoing. Publicis, which operates through TLG India, says it cannot prepare a defence without access to the records, and wants the CCI to pause its investigation until the files are handed over.

    The watchdog has yet to comment. The court is expected to hear the case next week.

  • Industry unites to draw massive delegation for Goafest 2024

    Industry unites to draw massive delegation for Goafest 2024

    Mumbai: Goafest, South Asia’s premier festival celebrating creativity excellence, continues to drive industry growth and collaboration. This year, the festival has achieved remarkable success with a surge in delegate entries and unprecedented support from industry leaders. Scheduled to take place from 29 to 31 May at the Westin Mumbai, Powai Lake, this year’s event has drawn increased participation from agencies and clients of all scales, underscoring its expanding influence and reach.

    The 17th edition of Goafest boasts of an impressive line-up with delegation from media agencies including Havas Media, Publicis Media, Group M, Madison Communications, Initiative Media, OMD, and Zenith Optimedia, among others. Creative powerhouses TLG India, L&K Saatchi & Saatchi, Leo Burnett, FCB Group, Havas Worldwide are also on board, along with brands like Nestle, Tips Industries, Kotak General Insurance, and Airtel. Media giants Bennett Coleman, ABP Group, Zee Media, Navabharat Media Network, et al have also shown unwavering registration support. The festival’s appeal spans multinational agencies to smaller firms, showcasing its inclusive ethos.

    Goafest remains a pivotal industry event, driving innovation, creativity, and collaboration year after year. It’s a hub for professionals to share ideas, learn from experts, and showcase groundbreaking work. The festival’s impact resonates throughout the industry, inspiring creativity and enhancing professional networks.

    Goafest 2024 chairman of the delegates committee – Sam Balsara expressed his enthusiasm for the upcoming event, stating, “Goafest has always been a beacon of creativity and innovation in the advertising industry. This year’s entries have set a new benchmark for excellence. The support from the industry has been overwhelming, and the record number of registrations is a clear indicator of the vibrant and dynamic nature of advertising media and marketing industry.”