NCLAT has dismissed SNJ Synthetics’ insolvency plea against PepsiCo, ruling that disputed interest alone cannot justify bankruptcy proceedings.
Author: Delshad Irani
Pidilite ramps up marketing spend as sales and margins rise
Marketing and promotional expenses rose to 5.4 percent of net sales, up from 4.7 percent a year earlier, as Pidilite Industries increased investment in demand generation initiatives
Britannia reports modest profit growth amid challenging market conditions
“The performance underscores our resilience in a challenging operating environment marked by rising commodity prices, changing channel dynamics, and subdued demand across FMCG categories,” Varun Berry said in a statement.
Britannia’s Varun Berry named CEO in addition to his current role as Exec VC and MD
Varun Berry joined the Company as the Vice President and Chief Operating Officer in 2013 and at present, he is the Executive Vice-Chairman and Managing Director of the Company.
X blocks thousands of accounts in India amid government orders
X has begun blocking over 8,000 accounts in India under government orders, while urging affected users to seek legal relief.
Gaming GST case: Supreme Court jests as lawyers debate stakes in games of skill
Gaming companies argued that games of skill should not be classified as gambling, even when played for stakes, prompting judicial banter over whether a friendly golf wager could be taxed.
Ajoy Chawla named next MD of Titan Company Ltd; to succeed C. K. Venkataraman
CK Venkataraman (Venkat), the current Managing Director, will retire from the services of the Company on 31 st December 2025
Dabur plans aggressive acquisition strategy to build future-ready portfolio
Advertising and promotional spending also saw a dip, with quarterly expenses falling to Rs176.40 crore from Rs183.60 crore in the year-ago period. For the full fiscal year, Dabur spent Rs864.64 crore on advertising and publicity.
Godrej Consumer stands firm on ad spending, bullish on in-housing capabilities; ‘Big believers’ says MD Sudhir Sitapati
Godrej Consumer Products Ltd has also experienced exponential growth from the quick commerce channel over the past two years.
WPP plans to rebrand GroupM to WPP Media amid broader overhaul: Report
GroupM currently employs approximately 40,000 people, more than a third of WPP’s total global workforce.