Rising input cost, adverse exchange rate and increase in commodity prices were reasons listed by the company for the price hike.
Category: Quantum Brief
PM Narendra Modi inaugurates ‘Uttarakhand Global Investors Summit 2023’
Prime Minister Modi also launched a book Sashakt Uttarakhand and the brand House of Himalayas. The theme of the Summit is ‘Peace to Prosperity’.
Pidilite’s Roff partners with Pro Kabaddi League 2023
The brand aims to maximize its visibility through a comprehensive plan, strategically placing features such as squeeze-ups (one per match), static LED perimeter boards, upper-tier branding, replay screen branding, and logo displays during crucial moments like presentations, award ceremonies, and end slates.
Denim brand Lee appoints Sara Ali Khan as brand ambassador; launches campaign “Lee: Home of the Real Denim”
The campaign focuses on holistic and self-deprecating humour with stylish, fun and modern women in the forefront.
CNN-News18 Indian of the Year 2023 to recognise industry titans who are shaping India’s economic progress
‘CNN-News18 Indian of the Year’ has a rich legacy of honouring exceptional individuals across various fields. The 2023 winners will be revealed at the star-studded grand awards ceremony in January 2024.
CNBC-TV18 celebrates embarking on a quarter century of excellence
As a purpose-driven brand, CNBC-TV18 has driven impactful initiatives, and been the thought leader for over two decades.
Delay in Digital India Act worries stakeholders; cybersecurity, big tech dominance concerns
The Act aims to foster an open internet, address the dominance of big tech, and ensure online safety.
India is the faster growing digital economy in the world: Union Minister Rajeev Chandrasekhar
In 2014, the digital economy was around 4.5 percent of GDP. Today, it contributes 11 percent. By 2026, the economy is poised to account for 20 percent or one-fifth of the Indian GDP.
Mansion House Flandy’s new campaign recognises youthfulness as a state of mind
The ‘Welcome the Now’ campaign is about creating a movement that encourages people to live in the present moment and foster connections, especially between generations.
Starbucks loses $11 billion in value due to boycotts
Analysts say that the loss incurred is likely due to slow sales, a subdued response to Starbucks’ festive offerings and global political tensions.