February 2024 – Page 47

After six straight quarters of double-digit growth, Sula slows down with 4 percent YoY rise

Sula's premium brands also performed well, recording a 15 percent YoY growth during the reported quarter and year. Moreover, the wine tourism segment registered a growth of 31 percent YoY in the fourth quarter compared to the year-ago period, the reports further stated. (Image source: Moneycontrol)

Sula Vineyards’ smaller wine tourism segment, logged a 16 percent rise in revenue as more people visited the company’s vineyards, located in the cities of Nashik and Bengaluru

Ronnie Screwvala on who is responsible for Byju’s downturn. What did he say?

Ronnie Screwvala added that “one rotten apple” in Indian edtech should not affect the entire sector.

Ronnie Screwvala recently had a meeting with edtech founders in Delhi to discuss issues pertaining to the sector.

Microsoft detects more than 65 trillion cybersecurity signals per day with AI

Microsoft detects fake students and school accounts, fake companies or organizations that have altered their firmographic data or concealed their true identities to evade sanctions, circumvent controls, or hide past criminal transgressions like corruption convictions, theft attempts, etc.

The use of GitHub Copilot, Microsoft Copilot for Security, and other copilot chat features integrated into Microsoft’s internal engineering and operations infrastructure can help prevent incidents that could impact operations.

Cisco to layoff five percent of global workforce

At present, Cisco’s focus is on artificial intelligence and it is exploring partnership with software company Nvidia to boost growth. Charles Robbins, chief executive officer, Cisco mentioned that Nvidia had agreed to use Cisco’s ethernet with its own technology. (Image source: Moneycontrol)

As clients in the telecom industry put restrictions on their expenditure, analysts expect that the demand for Cisco products will remain under pressure.

Tata Group to forge strategic partnerships with Uber Technologies: Reports

In February, Tata Motors had signed an agreement with Uber to supply 25,000 electric vehicles (EV). This partnership would result in the electrification of Uber services in Delhi NCR, Mumbai, Kolkata, Chennai, Hyderabad, Bengaluru and Ahmedabad. (Image source: Moneycontrol and Uber)

The collaboration could integrate Uber’s services as an anchor app within the ecosystem. It could also increase the traffic volumes and engagement on Tata’s digital platform.

Yatra Q3 results: Net profit of Rs 11 mn; gross debt reduced by 51 percent

Yatra's gross bookings grew 18% YoY to INR 18,605 Mn.

Yatra domestic air passenger growth of 26 percent YoY outpaced industry growth of 9 percent YoY as we continue to gain market share.

mSix&Partners entrusted with the integrated media mandate for Kapiva

With this win, the agency continues to diversify and safeguard its expanding portfolio of clients. This account will be managed by a team from mSix&Partners’ Delhi office, where the agency will leverage its ROI – centric proficiencies in new media to strategize and execute highly innovative media planning solutions. (Representative Image: Miikka Luotio via Unsplash)

The brand has enlisted mSix&Partners’ expertise in data-led and audience-centric media planning to support its aggressive expansion plans, primarily on e-commerce platforms. The brand will also closely collaborate with mSix&Partners and utilize its capabilities in precision planning and data measurement to address unique business challenges.

Month: February 2024