MAM
ABBY Awards @ GoaFest 2016
Mumbai, 23rd February, 2016 –The Goa Fest Abby’s, the highly coveted advertising awards that recognizes the best in advertising and marketing has now extended the last date for its entries. On Popular demand the entry deadline for the Creative, Broadcaster & Publisher Abby awards stands extended to Friday, 26th February, 2016 till 5 pm.
Campaigns brought alive in the period from 1st January, 2015 to 15th February, 2016 will be adjudged by a reckoned jury panel. The entry forms for the prestigious awards can be downloaded on the Ad Club Website from www.theadvertisingclub.net and www.aaaindia.org. The awards need to be uploaded online on the site on the site www.theadclubawardsentries.com.
Brands
Oyo parent Prism appoints former Sebi chief Ajay Tyagi to Board
Former market regulator joins Prism to strengthen governance for IPO
NEW DELHI: Prism, the parent entity of Oyo, has appointed former Sebi chairman Ajay Tyagi as an independent director, as the hospitality firm gears up for its planned Rs 6,650 crore initial public offering (IPO).
Tyagi, a 1984-batch IAS officer, served as chairman of the Securities and Exchange Board of India (SEBI) from 2017 to 2022. His appointment is aimed at strengthening the company’s governance framework and providing strategic oversight as it moves closer to a public listing.
He joins a high-profile board that already includes several prominent names from global business and policy circles. These include Troy Matthew Alstead, former CFO and group president of Starbucks; Aditya Ghosh, co-founder of Akasa Air; Deepa Malik, paralympic athlete and Padma Shri awardee; William Steve Albrecht, professor of accountancy at Utah State University; and Bejul Somaia, partner at Lightspeed Venture Partners.
Prism founder Ritesh Agarwal, said Tyagi’s experience in capital markets regulation and public-institution stewardship will be critical as the company scales operations and enhances long-term accountability.
The company recently filed preliminary papers with Sebi to raise Rs 6,650 crore through a confidential route. Market sources estimate its valuation will be in the range of $7 billion to $8 billion.
Over the course of his career, Tyagi has held senior roles in the ministry of finance, where he oversaw investment policy and financial-sector reforms. His induction to the Prism board signals a renewed focus on aligning the company’s internal standards with the stringent requirements of public markets as it advances toward its IPO.
