Digital
Why OpenAI is hiring 100 ex-bankers: Inside the ChatGPT-maker's secret project to automate Wall Street's grunt work

Diwan Arun Nanda, who led Rediffusion as its Chairman and steered the agency for five decades, has passed away. He was 76.
In 2023, Nanda had stepped down as Chairman of Rediffusion after 50 years at the helm. The chairmanship of the agency’s board was passed on to Sandeep Goyal, who had worked directly under Nanda for many years and continues to serve as the Managing Director of Rediffusion.
At the time, Nanda said, “Rediffusion’s 50 years has been a dream run. I enjoyed every moment of the many hundreds of client interactions, the strategy sessions, the creation of campaigns, and the launching of brands. At the board level, I must thank Ajit Balakrishnan, Suresh Talwar, and Sunil Phataphekar, my co-directors for years, for their sage advice and support during my tenure as Chairman. The agency under Sandeep is in good hands, and I am happy to pass on the baton to him at Rediffusion.”
Nanda was the first gold medallist of the inaugural batch of IIM Ahmedabad in 1966 and part of the first group of management trainees ever recruited by Hindustan Lever. He is credited as the brain behind the iconic ‘lightning strikes’ mnemonic for Rin, a brand he managed at Lever.
In 1973, Nanda transitioned to the creative side of the industry and went on to co-found Rediffusion, building it into one of India’s most respected advertising agencies.
A two-time President of the Advertising Agencies Association of India (AAAI) and recipient of its Lifetime Achievement Award in the early 2000s, Nanda also served on the boards of Air India, Eveready, Kingfisher Airlines, Yes Bank, and others. From 1983 to 1991, he was an advisor to former Prime Minister Rajiv Gandhi. He also served as Chairman of Dentsu Young & Rubicam, the Asian joint venture between the two advertising giants.
From purpose-driven work and narrative-rich brand films to AI-enabled ideas and creator-led collaborations, the awards reflect the full spectrum of modern creativity.
Read MoreIn a wide-ranging interview with Storyboard18, Sorrell delivers his frankest assessment yet of how the deal will redefine creativity, media, and talent across markets.