Delshad Irani – Page 18

Omnicom set to announce IPG acquisition; John Wren to be CEO of combined entity

Omnicom CEO John Wren welcomed the shareholder backing, calling it a strong endorsement of the deal’s value and its potential to create a leading-edge advertising powerhouse

The blockbuster merger set to shake-up the ad industry world order is imminent, as per reports, with Omnicom Group ready to announce its acquisition of Interpublic.

IPG sells digital company Huge to private equity firm AEA Investors

IPG is also in advanced merger talks with rival Omnicom that could see the latter acquire IPG in an all-stock deal.

Ad giants Omnicom and IPG in advanced merger talks: Report

Omnicom CEO John Wren welcomed the shareholder backing, calling it a strong endorsement of the deal’s value and its potential to create a leading-edge advertising powerhouse

Omnicom had attempted to merge with Publicis in 2013.

Hindustan Unilever pays Rs 192.55 crore in tax demand dispute

HUL's registered a total income of Rs 15,513 crore in the January-March quarter in FY25

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 is leveraging strategic partnerships with washing machine manufacturers and employing channel-specific innovations across Modern Trade, General Trade, and E-commerce to accelerate adoption and further expand market share.

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

In his personal capacity, Punit Goenka, through his wife and son, bought ZEEL’s shares.

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

Under the proposed plan, these partnerships would become non-exclusive, granting device manufacturers and browser developers the option to switch default search engines each year.

UK antitrust court piles further pressure on Google by giving “unanimous” approval for search-engine consumer compensation claim to proceed.