Month: January 2024

Zerodha’s Nithin Kamath reflects on 2023; Read what he said

Kamath shared on LinkedIn: "Around 6 weeks ago, I had a mild stroke out of the blue. Dad passing away, poor sleep, exhaustion, dehydration, and overworking out —any of these could be possible reasons." (Image sourced via Forbes India)

Nithin Kamath, co-founder and CEO at Zerodha shared key updates and insights implemented that created large impact in the year gone by.

L’Oreal India plans to become a €1 billion company in 3-5 years in India

The online beauty market in India is about 17 percent of the total beauty market and it is growing at almost twice the speed of the offline market.(Representative Image: Raphael Lovaski via Unsplash)

L’Oreal India managing director speaks exclusively to Storyboard18’s editor Delshad Irani, about the beauty juggernaut’s growth strategies.

Marico v/s KLF Nirmal Industries: Bombay High Court restrains KLF from infringing Parachute Oil’s features

On August 18, 2023, the High Court had an ex-parte ad-interim (granted without notice to the respondent) order against KLF which restrained it from using features which were similar to that of Parachute. (Image source: Moneycontrol)

Marico claimed that KLF Nirmal Industries had committed an act of infringement with respect to its trademarks.

Shah Rukh Khan-starrer movie Dunki crosses Rs 400 Cr worldwide

Dunki had an overall occupancy of 30.80 percent on January 1. This was Shah Rukh's third film in 2023 after Pathaan and Jawan. (Picture Source: Red Chillies Entertainment)

Dunki, co-written by Rajkumar Hirani, Abhijat Joshi, and Kanika Dhillon, revolves around the illegal immigration technique ‘donkey flight’.

Marketing year in review: trends, takeaways & what’s coming in 2024

Here are 10 key takeaways and learnings that have emerged as top priorities for marketers and will be key in shaping marketing strategies of 2024 (Representational image via Unsplash)

The marketing industry in 2023 has been greatly influenced by the advancements in technology and digital media. These changes have created new opportunities for marketers to plan innovative strategies and navigate the ever-evolving business landscape.

Here’s how Bacardi Breezer plans to ‘play’ to Gen Z tastes

The brand's ‘Play On’ proposition delves into the multifaceted identity of Gen Z, connecting through relatable and topical themes — from social media channels to digital partnerships to on-ground activations. (Image source: News18)

‘Gen Z is all about unapologetic fun, and that’s precisely what Breezer stands for. We encourage them to ‘Play On,’ keeping seriousness at bay,’ Ashish Jha, Senior Brand Manager at Bacardi, told CNBC-TV18.

Flipkart’s Binny Bansal launches his second e-commerce startup, OppDoor

Sachin Bansal and Binny Bansal (who are not related) sold their e-commerce company, Flipkart, to Walmart in 2018. The deal with Walmart came with a five-year non-compete clause which ended in 2023, allowing Binny Bansal (pictured) to start up again in e-commerce.

OppDoor will be fully managed Amazon services and will help companies expand their private label brands across multiple regions globally.

HUL receives ₹447.5 crore GST demands and penalties

While Additional Commissioner, Central Tax and Central Excise, Kochi Commissionerate has also disallowed GST credit and turnover adjustment amounting to ₹8.65 crore and imposed a penalty amounting to ₹87.50 lakh. (Image source: Moneycontrol)

The company received a total of five orders passed from different zones of GST officials over issues such as disallowance of GST credit, salaries including allowances paid to expats etc on Friday and Saturday last week.

D-Mart Q3 business update: Revenue jumps 17 percent to Rs 13,247 crore

The stock has not performed well in the last couple of years as it has faced stiff competition from other retailers. The stock is up 0.77 percent in last one year and down 12 percent in last two years. (Image source: Moneycontrol)

The standalone revenue from operations for quarter ended December 31, 2023 given above is subject to limited review by the statutory auditors of the company, Avenue Supermarts added.