Month: March 2024

The Body Shop shuts down its US operations: Report

In February 2024, The Body Shop’s UK business had fallen into administration, putting more than 2,000 jobs and 200 stores at risk. The retailer, owned by private equity firm Aurelius, appointed administrators at FRP Advisory on Tuesday. It said the move was the best way of securing the brand’s future. Aurelius agreed to buy The Body Shop late last year in a deal that valued the retailer at £207 million ($262 million). (Image source: ContactPigeon)

The company will also be shutting its Canadian operations.

R K Swamy IPO: Weak debut on the cards, experts eye 5% premium

The company plans to utilise the proceeds from the issue for various purposes, including funding capital expenditure, meeting working capital requirements, investing in IT infrastructure, and establishing new customer experience centers. Additionally, a portion of the funds will be allocated for general corporate purposes.

R K Swamy IPO: The price band for the issue has been fixed at Rs 270-288 per share.

MIB focuses on gender sensitization and women’s portrayal in media; drives dialogue on media responsibility

Broad areas of discussion included current media portrayals of women and their impact on social perceptions, identification of common stereotypes of women in media and challenges that the women in the industry face. Discussion focused on the responsibilities of media outlets in creating fair and inclusive narratives and accountability strategies and the use of gender-sensitive language. (Image source: Moneycontrol)

The discussion focused on the responsibilities of media outlets in creating fair and inclusive narratives and accountability strategies and the use of gender-sensitive language.

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Meta sues former VP Dipinder Singh Khurana for ‘brazenly disloyal’ conduct

Over the last eight years, Meta says it has rolled out industry-leading transparency tools for ads about elections or politics, developed comprehensive policies to prevent election interference and voter fraud, and built the largest third party fact-checking programme of any social media platform to help combat the spread of misinformation. (Representative Image: Dima Solomin via Unsplash)

Khurana, also known as T.S. Khurana, had worked at Meta for 12 years and was the company’s VP of infrastructure.

Airtel’s Gopal Vittal tells 19,000 employees to cancel all biz meetings on Tuesday. Here’s why

In his letter, Vittal urges Airtel managers "to actively listen" to customers as well as the company’s staff on the frontline. Executives and employees are to share observations internally through an online form on the same day. (Image source: Moneycontrol)

Beyond social listening and into real listening: Airtel’s top boss asks employees and executives to meet and listen to customers.

How Smart Lock Screens are changing mobile marketing in India

By leveraging the lock screen, a surface that consumers interact with over 70 times a day, brands can drive awareness, consideration, and interaction, ultimately inspiring meaningful actions. Real-world examples from leading brands such as Pizza Hut, American Tourister, and Swiggy underscore the efficacy of smart lock screen advertising in driving tangible results.

Vasuta Agarwal, chief business officer, InMobi Group, writes about ‘Always-on’ users and how they have redefined the rules of engagement in the digital realm.

Ghatiya Gods: All about Gopal Snacks, India’s fourth-largest packaged namkeen manufacturer

Gopal Snacks has a rich history dating back to its founding. Gopal Snacks Limited (GSL) operates three primary manufacturing facilities located in Rajkot (Gujarat), Nagpur (Maharashtra), and Modasa (Gujarat). These facilities produce a variety of snacks including Gathiya, Namkeen, Wafers, and Snack Pellets. Their product range encompasses Extruded Snacks, Premium Namkeen Range, Rusk, Papad, Spices, and Flour. (Image source: Moneycontrol)

Born as a family venture, Gopal Snacks offers a wide range of savoury treats, from ethnic and western snacks to snack pellets, fast-moving consumer goods, and packaged sweets.

Aman Gupta and boAt: From humble beginnings to rocking the global wearables market

A Delhi native, he carved his path from humble beginnings to becoming a prominent figure in India's entrepreneurial landscape. Born in 1982, Gupta received his early education at Delhi Public School, R.K. Puram. Despite familial expectations, Gupta diverged from the conventional career trajectory by venturing into entrepreneurship.

Launched in 2016 by Aman Gupta and Sameer Mehta, boAt emerged as the world’s second-largest wearable device manufacturer in 2023.

The ad that launched Sudha Murty’s career

Her recruitment at TELCO is an intriguing tale. While Sudha Murty was studying at the Indian Institute of Science, Bangalore in 1974, she was awarded a scholarship to pursue a PhD in America. However, during her final year of M.Tech, she came across a job opportunity at Tata Telco, which is now known as Tata Motors. (Image source: News18)

Sudha Murty’s objection to the discriminatory job advertisement led to a special interview and eventual hiring by Tata Engineering and Locomotive Company Ltd. (TELCO).