MAM
Grey merger with WPP may come to effect on 7 March
MUMBAI: Grey Global Group Inc. has announced that the tentative date of the previously announced merger with the WPP Group plc to come in effect will be 7 March, 2005. The proposed merger is subject to the requisite approval of the stockholders of Grey Global Group and the satisfaction or waiver of other closing conditions set forth in the merger agreement.
These announcements are being made pursuant to Section 11.01 of the Indenture, dated 28 October, 2003, governing Grey Global Group Inc.’s five per cent contingent convertible subordinated debentures due 2033 (the “Debentures”) and pursuant to the merger agreement between Grey Global Group and WPP.
The proxy statement/prospectus related to the proposed merger, together with the form of election for use in electing whether to receive cash, WPP shares or a combination of cash and WPP shares in the proposed merger, was mailed to Grey Global Group stockholders beginning on 2 February, 2005.
MAM
Flipkart elevates Asim Saurav Das to Director role
Nearly decade-long journey sees brand marketing veteran take on senior leadership position.
MUMBAI: When you climb the e-commerce ladder one thoughtful campaign at a time, eventually the view from the top becomes irresistible and Asim Saurav Das has just reached a new floor. Asim Saurav Das has been elevated to director at Flipkart, marking a significant milestone in his nearly decade-long journey with the organisation. In his new role, he will continue to drive strategic initiatives across brand and marketing, contributing to Flipkart’s growth and market leadership in India’s fiercely competitive e-commerce landscape.
Das joined Flipkart as a Management Trainee and has steadily risen through the ranks, holding key positions including Brand Marketing Manager, Senior Manager, and Associate Director. Before Flipkart, he gained early experience with Procter & Gamble and Hindustan Times. His elevation reflects a strong track record in brand strategy, consumer insights, and delivering impactful marketing outcomes.
From trainee to director in under ten years, Das has clearly mastered the art of scaling brands proving that in the world of online retail, the best way to the top is still through smart, consistent steps rather than shortcuts.
