OMNICOM GROUP HAS struck a $13.25 billion all-stock deal to buy rival Interpublic, creating the world's largest advertising agency as traditional players look to better compete with Big Tech firms amid accelerating use of AI.
The deal, announced on Monday, is expected to attract regulatory scrutiny as it seeks to merge the world's third-largest ad buyer, Omnicom, with the fourth-largest: Interpublic. Both firms are based in New York.
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At 18, Gukesh is world's youngest chess champion
â Second Indian after Anand to win global title
Food, beverages at airports excessively priced: Flyers
A significant percentage of airline passengers said food and beverages that are sold at airports in the country are \"excessively\" priced, with some passengers paying more than 200% than at organised retail and railway stations, according to a survey.
AI stocks fuel much of bull run since 2022
IN THE TWO years since ChatGPT burst onto the scene, artificial intelligence has come to dominate investor consciousness more than any other technological breakthrough in the past two decades.
PSUs spur impact across sectors through CSR activities
Public Sector Undertakings accounted for 26.23 per cent of the total CSR spending in FY 21-22, a recent CSR spending report revealed
ITDC Advances Sustainable Tourism with a Strong Focus on CSR Initiatives
The INDIA Tourism Development Corporation (ITDC) is making significant steps in sustainable tourism by prioritizing its Corporate Social Responsibility (CSR) initiatives that emphasize community welfare and environmental sustainability.
Places of Worship Act: SC stops surveys till decision
UNDERLINING THAT \"NO effective orders\" can be passed, the Supreme Court on Thursday barred civil courts across the country from registering fresh suits challenging the ownership and title of any place of worship and from ordering surveys of disputed religious places until further orders.
AAP vows to raise allowance for women
WITH AN EYE on the upcoming Delhi Assembly elections, AAP national convenor and former chief minister Arvind Kejriwal on Thursday announced that the monthly allowance given to women under the Mahila Samman Rashi scheme would be increased to â¹2,100 from â¹1,000 if the party returned to power next year.
India votes in favour of UN resolution seeking Gaza truce
INDIA VOTED IN favour of a UN General Assembly resolution that demanded an immediate, unconditional and permanent ceasefire in Gaza and reiterated the demand for immediate and unconditional release of all hostages.
Aspirational India, states & 16th Finance panel
A new perspective
S Korean President vows a 'fight to the end', bets on allies' support
SOUTH KOREAN PRESIDENT Yoon Suk Yeol said on Thursday he would \"fight to the end\" as his own political party shifted closer to voting with the opposition to impeach him over his short-lived martial law order that threw the US ally into turmoil.
