News Broadcasting
Carbon named official jewelry accessory partner of Lakme Fashion Week 2006
BANGALORE: Carbon Accessories (CAL) – ‘Carbon being their fashion accessories brand has been chosen as the official jewelry accessories sponsors of the Lakme Fashion Week 2006 to be held between 28 March – 1 April, 2006.
At the event, Carbon will launch a new range of accessories as well as preview an extension in the form of an exclusive range of Carbon accessories for men and women.
“Carbon as a fashion brand has always looked at elevating the life style of the Indian consumer. Lakme Fashion Week gives us this platform for us to express the eclectic nature of the brand and its competence in accessory design. I see this as an opportunity for Carbon to address the Indian consumer of the need to accessorize – it is like a cherry on the cake that always gets your mouth to water,” says CAL MD Mahesh Rao.
The brand values the importance in exposing the Indian buyer to fashion that is truly international and self expressive and this platform will help further the cause, states an official release.
CAL offers collections crafted in 18k gold and diamond jewellery and has nationwide presence in leading retail outlets.
News Broadcasting
BBC to cut up to 2,000 jobs in biggest overhaul in 15 years
Cost pressures and leadership change drive major workforce reduction plan
LONDON: BBC has unveiled plans to cut up to 2,000 jobs, roughly 10 per cent of its global workforce, in what marks its biggest downsizing in 15 years.
The announcement was made during an all-staff meeting led by interim director-general Rhodri Talfan Davies, as the broadcaster moves to tackle mounting financial pressures and reshape its operations.
Between 1,800 and 2,000 roles are expected to be eliminated from a workforce of around 21,500. The cuts form part of a broader plan to save £500 million over the next two years, aimed at offsetting rising costs, stagnating licence fee income and weaker commercial revenues.
In a communication to staff, BBC interim director-general Rhodri Talfan Davies said, “I know this creates real uncertainty, but we wanted to be open about the challenge,” acknowledging the impact the move would have across the organisation.
The restructuring comes at a time of leadership transition. Former director-general Tim Davie stepped down earlier this month, with Matt Brittin, a former Google executive, set to take over the role on May 18, 2026.
While some cost-cutting measures are being implemented immediately, the majority of the structural changes are expected to roll out over the next few years, with full savings targeted by the 2027–2028 financial year.
The broadcaster had earlier signalled its intent to reduce its cost base by around 10 per cent over a three-year period, warning of “difficult choices” as it adapts to shifting economic realities and audience expectations.
With operating costs hovering around £6 billion annually, the BBC’s latest move underscores the scale of the financial challenge it faces, as it balances public service commitments with the need for long-term sustainability in an increasingly competitive media landscape.
