A report highlights a 15.5 percent increase in ad spending in India, reaching Rs 1,46,450 crore in 2023. India has risen in global ad spending and remains the fastest-growing market among the top 10 worldwide.
Month: November 2023
Subway India ends exclusive deal PepsiCo; partners with rival Coca-Cola
All 570-plus Subway stores in India will now sell only Coca-Cola’s soft drinks, juices, coffee, tea and water.
IT Minister Ashwini Vaishnaw: 99.2 per cent of mobiles ‘Made in India’
The growth of the mobile sector has strengthened the domestic manufacturing ecosystem and reduced India’s dependence on foreign imports.
How India’s alcohol industry is changing
Andrew Holland, CEO of Avendus Capital Public Markets Alternate Strategies, discussed with CNBC-TV18 about the shift in trend in the beverages industry particularly in the context of travel and entertainment.
NCLAT defers final hearing of Google’s appeal against CCI’s Rs 936 crore penalty
The NCLAT released a notice on November 24 deferring the hearing of Google’s appeal, the appellate tribunal was to commence the hearing on November 28.
Press Council of India sends notices to editors of multiple newspapers for “camouflaged” advertisement
The elections in Rajasthan will be held on November 25. Its results will be declared along with those of polls in Madhya Pradesh, Telangana, Mizoram and Chhattisgarh on December 3.
MAdtech Point: UPI, ONDC, OpenAI and all things open in the world internet
Open Network Protocols are difficult to build. More so it is difficult to populate. Unless and until other participants beyond the buyer and the seller viz., discovery and delivery join the network, it is going to be difficult to scale up.
BBH India hires Ashwin Palkar as ECD and head of experience
Ashwin Palkar will report to Parikshit Bhattacharya, chief creative officer of BBH India.
Passenger vehicle market to continue to grow; SUV’s to boost growth predicts Toyota
SUV’s are expected to witness fast growth in general in 2024. The mid to high-end segment too is expected to see acceleration. However, the performance of small cars still remains a question.
George Kovoor to become PepsiCo India’s president: Report
Ahmed ElSheikh, the current chief of PepsiCo India, is expected to get global role at the American food and beverage company early next year.