Tag: brand marketing

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.

Maruti Suzuki sold over 20 lakh cars in 2023; doubled its SUV market share

The company said that it commenced exporting operations in 1987 and currently accounts for approximately 40 percent of India's total vehicle exports. (Representative Image: Adrian Balasoiu via Unsplash)

SUV sales was a large portion of the company’s domestic passenger vehicle (PV) sales this fiscal year, increasing to 36 percent in 2023 from 22 percent in 2022.

Vodafone Idea issues clarification, says not in any talks with Elon Musk’s Starlink

The company is in discussion with various technology partners for finalisation of its 5G rollout strategy and is working with many partners to develop 5G use cases relevant to the Indian market and build device ecosystems. (Image source: Moneycontrol)

The company clarified on a report published in the Mint newspaper, which also cited news reports claiming that the government could sell its 33% stake in Vodafone Idea to the Musk, the owner of “X” and Tesla.

Non-human -AI generated-influencers already generating more than Rs 80,000 per post: Paytm’s Vijay Shekhar Sharma

The highlight this year will be the ‘Heroes of Progress’ reception on Jan. 17 to honor WEF Global Shapers who are making significant contributions to the fields of environment, women’s empowerment, art and sustainability. (Representational image by Jezael Mengoza via Unsplash)(Representational image by Jezael Mengoza via Unsplash)

Vijay Shekhar Sharma’s comments on artificial intelligence (AI) affecting human jobs come days after Paytm laid off more than 1,000 employees following the implementation of AI technology to improve efficiency.

The Hershey Company promotes Luigi Mirri to general manager, India

Luigi Mirri spearheaded the expansion of the brand footprint in critical markets, such as Australia, fostered a strong relationship with 7-Eleven convenience stores, played a pivotal role in fostering stability in Hershey Korea and set Hershey Philippines and Thailand on a multi-year double-digit growth trajectory.

Currently serving as the general manager of APAC, Mirri will expand his responsibilities to include India.

Unilever’s Krishnan Sundaram quits after 23 years

Over the last 23 years, Sundaram, was in various leadership roles at Unilever. He was general Manager, Beverages between 2012 and 2014. He was then appointed VP - global marketing transformation and capability for nearly two years.

Sundaram will be taking a short break, before moving on to his move.

Adani Wilmar’s head of marketing Sanjay Adesara moves on

In a LinkedIn post, Sanjay Adesara reflected on the significant growth he witnessed during his tenure, particularly in steering the success of the Fortune brand and contributing to the establishment and development of other notable brands under Adani Wilmar's umbrella.

Sanjay Adesara was associated with the company for 16 years.

Unilever wants to tap UEFA EURO 2024’s live audience of 5 billion people worldwide

From Unilever’s portfolio of household brands, the Nutrition brands that will activate throughout UEFA EURO 2024 include Hellmann’s, Calve, Knorr, Colman’s, Amora, and The Vegetarian Butcher. (Representative image by Lucas George Wendt via Unsplash)

Unilever kicked off a multi-brand partnership with UEFA EURO 2024 in December 2023.