IPG is also in advanced merger talks with rival Omnicom that could see the latter acquire IPG in an all-stock deal.
Author: Delshad Irani
Ad giants Omnicom and IPG in advanced merger talks: Report
Omnicom had attempted to merge with Publicis in 2013.
Hindustan Unilever pays Rs 192.55 crore in tax demand dispute
HUL settled 20% of a total outstanding demand of Rs 962.75 crore in the tax dispute issue linked to the acquisition of intellectual property rights for India HFD from entities within the GSK Group.
Mahindra Auto sells 46,222 SUVs, reporting a 16% growth in November 2024
Mahindra’s go to market for Electric Origin SUVs will start in a phased manner in the later part of January 2025. Deliveries will commence towards the end of February or early March 2025.
Hyundai sales dip 7% in November 2024
Tarun Garg, Whole-time Director and Chief Operating Officer, HMIL said, “HMIL’s push towards fortifying SUV supremacy continued in November with SUVs contributing 68.8% of our total Domestic sales.”
HUL records 19 brands above Rs 1000 cr; Surf Excel to cross Rs 10,000 crore in turnover by FY25
HUL’s digital media contribution has tripled in the last four years to 40% of its total ad spends.
ZEEL AGM: Shareholders reject proposal to reappoint Punit Goenka as director
The proposal for reappointment of Punit Goenka as Director at Zee was defeated by a 50.4 percent- 49.5 percent vote.
Storyboard18 Newsbreak Confirmed: Godrej & Boyce rebrands, launches new identity
On September 26, Storyboard18 exclusively reported that Godrej & Boyce is gearing up for rebranding to be announced later this year.
UK Competition Court rejects Google’s challenge to £7bn consumer lawsuit
UK antitrust court piles further pressure on Google by giving “unanimous” approval for search-engine consumer compensation claim to proceed.
Hero MotoCorp launches accelerator program ‘Hero For Startups’
Hero For Startups (HFS) aims to identify and fund promising startups across the country that demonstrate the potential to transform the future of automotive industry.