GECs
Amuls tasteless take on Tehelka
MUMBAI: For a brand as big as Amul, its ads too have come to be an iconic part of the country’s social-scape.
From IPL spot fixing to the allegations of corruption that once swirled around Jagmohan Dalmiya, from Laloo Prasad Yadav’s arrest in the fodder scam to Raj Babbar’s atrocious comments with respect to Rs 12 meals; Amul ads have taken an unflinching stance, driving home the point cheekily, yet responsibly while almost always leaving the reader with a smile.
This time round however, even Amul’s li’l moppet, of the polka dot fame, has been unable to save the day.
The latest ad – a take on the Tehelka scandal – shows a Tarun Tejpal-like figure being pecked by crows (incidentally the crow is Tehelka’s mascot) while sitting on a stool inside what looks like an elevator, while the Amul girl stands outside with her bread and butter sandwich. The tagline reads: “Kya Se Kya Kho Gaya! Tehelka Macha De!”
Tejpal, the editor of Tehelka, who has made a career out of his in-your-face brand of journalism, has been in the news for allegedly sexually assaulting a junior colleague, a friend of his daughter at that, in an elevator at a fest organised by the magazine earlier this month in Goa.
The Amul poster, which takes a very obvious swipe at Tejpal, hasn’t gone down well with people and social media is abuzz with comments trashing the ad for its tastelessness.
Writes columnist and writer Aseem Chhabra: “I find this Amul ad outrageous and offensive! Where is the humor in a rape case?” Tweets The Oddfather @TheOddfather1014h: “Sorry guys, just my personal opinion…I don’t think it’s very smart or creative using a molestation case in your ad #justsaying”. Posts Vijay @ohVijayJoshi3h wrote: “like idiots u came up to make fun of a sensitive topic can u do a fun ad on 26/11 & Arushi as well.. U r selling butter? Pathetic”.
Clearly, the ad hasn’t cut ice with a majority of people unlike its previous ones. Whether they think it trivializes a serious issue or is just not witty enough or whether rape is a matter that just doesn’t lend itself to jokes; one can’t really point out.
All said, adman Rahul Dacunha, the man behind all those witty Amul posters since 1993 is disappointed with people’s reaction. “Am disappointed that you see this as a joke – it’s a satirical comment about the fall from grace of a man,” he tweeted.
Ironically, Dacunha is the same guy who, in a column in Tehelka on the occasion of the 60th anniversary of Amul in 2009 wrote: “Today is Tuesday morning. Actor Shiney Ahuja makes the headlines – he may have just raped his maid. The question before the Amul creative team at Dacunha Communications is: Should Amul walk away or comment? And if we do, what angle do we take? What tone of voice? This is the dilemma we often face with Amul.”
If this is what Dacunha thought four years ago, we wonder what made him change his mind this time round…
GECs
Sebi sends show-cause notice to Zee over fund diversion, company responds
Regulator questions 2018 letter of comfort and governance lapses; company vows robust legal response
MUMBAI: India’s markets watchdog has reignited its long-running scrutiny of Zee Entertainment Enterprises, issuing a sweeping show-cause notice that drags the broadcaster and 84 others into a widening governance storm.
The notice, dated February 12, has been served by the Securities and Exchange Board of India to Zee, chairman emeritus Subhash Chandra and managing director and chief executive Punit Goenka, among others. At its heart: allegations that company funds were indirectly routed to settle liabilities of entities linked to the Essel Group.
The regulator’s probe traces its roots to November 2019, when two independent directors resigned from Zee’s board, flagging concerns over the alleged appropriation of fixed deposits by Yes Bank. The deposits were reportedly adjusted against loans extended to Essel Group entities, triggering questions about related-party dealings and board oversight.
A key flashpoint is a letter of comfort dated September 4, 2018, issued by Subhash Chandra in his dual capacity as chairman of Zee and the Essel Group. The document, linked to credit facilities availed by certain group companies from Yes Bank, was allegedly known only to select members of management and not disclosed to the full board—an omission SEBI believes raises red flags over transparency and governance controls.
Zee has pushed back hard. In a statement, the company said it “strongly refutes” the allegations against it and its board members and will file a detailed response. It expressed confidence that SEBI would conduct a fair review and signalled readiness to pursue all legal remedies to protect shareholder interests.
The notice marks the latest twist in a saga that has shadowed the broadcaster since 2019. What began as boardroom unease has morphed into a full-blown regulatory confrontation. The final reckoning now rests with SEBI—but the reputational stakes for Zee, and the message for India Inc on governance discipline, could scarcely be higher.






