brand marketing – Page 93

Flipkart planning to cut down its workforce by 5 to 7 percent; decision likely to affect 1500 emplyees

Krishnamurthy added that the company has no ambitions to be a large payment or fintech company with its financial services foray. (Image source: Flipkart)

The exercise has already been set in motion with performance reviews and will be completed by March-April 2024. Flipkart has 22,000 employees.

Samsung’s ‘AI for All’ Vision Unveiled at CES 2024

Samsung has been elevating what a PC can do and has been collaborating with Microsoft to create new, seamless connected experiences.

Samsung outlines strategy for using AI technology to make the connected device experience safer, more inclusive, and more energy-efficient.

Sydney Sweeney joins Laneige as its first global brand ambassador

Their global partnership is now extended to cover around 40 countries all over the world. (Image sourced via Forbes)

Sweeney, who has been signed to Laneige US as their brand ambassador for the past 18 months with remarkable leads in projects including Euphoria, White Lotus, and more recently Anyone But You, will star in a series of new skincare campaigns for the internationally acclaimed K-beauty brand.

Mercedes-Benz registers highest ever growth in India, embarks on 30th year of operations

The company plans to double the solar energy capacity at the manufacturing plant and triple the recycling capacity in 2024. (Representative Image: Victor Sutty via Unsplash)

The luxury car maker sold 17,408 vehicles in the calendar year 2023, registering a 10% growth over 2022. This was the best year for the auto major in terms of sales and the best fourth quarter with 4,640 units sold.

FMCG shares take a beating after Q3 business update points to flat sales

In Q3FY24, Marico’s India business also posted volume growth of 2 percent, which dipped sequentially primarily due to a stock reduction undertaken across key portfolios as a part of the aforesaid initiatives to support the company’s GT channel partners(. Representative Image: Franki Chamaki via Unsplash)

Volume projections too, failed to impress. Godrej Consumer Products’ volumes are set to grow in high-single digits in Q3FY24, while Marico’s volumes are expected to grow in low-single digits.

WinZO partners with academicians from IIT, Stanford to address skill versus chance issue in gaming

WinZO also partnered with the Indian Institute of Technology-Delhi (IIT-D), the Delhi Technological University (DTU), the Netaji Subhash University of Technology (NSUT), and the IIITD to launch its new cyber security programme, Code Health and Security Evaluation (CHASE). (Representative Image: Omid Armin via Unsplash)

WinZO has partnered with the Indian Institutes of Technology (IIT) Delhi, IIT Kanpur, and IIT Madras, as well as the Stanford University, the California State University, among others.

Nike and Tiger Woods part ways after 27 years

Nike remained a supporter of Tiger Woods throughout the company’s partnership with the golfer, most notably in 2009 when his career was upended by the sex scandal that shattered his clean-cut image.

Tiger Woods, a 15-time Major winner, had previously signed a 10-year, $200 million contract with Nike in 2013, contributing to an estimated total payment of $500 million from the sportswear giant.

Bricks vs Clicks: Why physical retail isn’t going away anytime soon

As the most populated country in the world with an average age of 28 (relative to 48, 38, and 37 in Japan, US, and China, respectively), India is primed for growth in shopping in physical stores. (Representative Image: Mike Petrucci via Unsplash)

In emerging markets, the growth of online sales has not led to a decline in the number of physical stores. Indian retail chains, after two years of the pandemic, made a spectacular comeback in 2022. One of India’s largest retailers, D-Mart, added 50 new stores and planned to add another 135 in FY 2023-24.

SRK, Mani Ratnam among prominent names to be at ‘CNN-News18 Indian of the Year’ awards

CNN-News18 Indian of the Year has RPSG Group as the Presenting Partner, Chola MS Insurance and Reliance as the Associate Sponsors, and Amrita University as the Education Partner.

Many other celebrated personalities to join Indian News TV’s biggest award ceremony on 10 January.

EaseMyTrip suspends Maldives bookings, Vistara to monitor demand as celebs hail Lakshadweep tourism

The sudden rage and #BoycottMaldives trend on X came after three deputy ministers from the Maldives criticised Modi for his post on 'X' following his visit to Lakshadweep, inferring that it was an attempt to project the Union Territory as an alternative tourist destination to the Maldives.(Representative Image: Mike Swigunski via Unsplash)

India-Maldives row: Not just Indians, even travel firms are suspending some Maldives operations as a ‘social media tourism war’ blows out of proportion.