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'Sweetening relationships since 1983': Parle reacts to Modi gifting Melody to Meloni
Prime Minister Narendra Modi gifted Melody toffees to Italian Prime Minister Giorgia Meloni. This gesture sparked a viral "Melodi" meme online. Parle Products shared the moment on social media. The company anticipates increased domestic and international sales following this global exposure. The act promoted Indian products on an international platform.

Stock Market Today: Sensex Gains 118 Points, Nifty Ends Above 23,650 After Volatile Session - APAC Media
Stock Market Today: Sensex Gains 118 Points, Nifty Ends Above 23,650 After Volatile SessionAPAC Media
Nifty ends above 23,650 mark; oil & gas shares rally
Oil & gas, auto and realty shares led the gains while media, FMCG and IT witnessed selling pressure.
Sambhaav Media reports consolidated net profit of Rs 0.39 crore in the March 2026 quarter
Sales rise 14.98% to Rs 12.51 crore
Everything's in a name: Parle Industries shares hit 5% upper circuit after PM Modi's 'Melody' gift to Meloni
Shares of Parle Industries surged 5% and hit the upper circuit after Prime Minister Narendra Modi gifted Melody toffees to Italian Prime Minister Giorgia Meloni. This sparked social media attention, leading to speculative buying in Parle Industries, despite the candy being manufactured by Parle Products, a separate entity.
Nifty trades below 23,600 level; European mkt opens lower
The Nifty traded below the 23,600 level. Media, chemical and consumer durables shares declined, while oil & gas and auto shares advanced.
Amagi Media Labs reports consolidated net profit of Rs 34.26 crore in the March 2026 quarter
Sales rise 28.51% to Rs 396.97 crore
Nifty trades below 23,550 mark; media shares decline
Media shares witnessed profit booking after advancing in the past trading session.
Indices open with major losses in early trade; breadth weak
Media, PSU Bank and realty shares declined while pharma and IT shares advanced.
Adcounty Media India consolidated net profit rises 65.66% in the March 2026 quarter
Sales rise 38.32% to Rs 31.37 crore
Adcounty Media India standalone net profit rises 61.11% in the March 2026 quarter
Sales rise 33.25% to Rs 30.22 crore
Q4 results: Zee Entertainment reports loss at ₹104 crore, says war in West Asia impacted ad spend
Media company Zee Entertainment Enterprises (ZEE) on 19 May reported Q4 loss at ₹104 crore, citing lower advertising spend from clients amid the war in West Asia, according to a PTI report.