Delshad Irani – Page 30

Carmaker Kia India hits 1 million unit sales milestone; Kia Seltos becomes a significant success driver

The company started with an annual sales volume of 45,226 units in 2019, which grew to 140,505 units in 2020, 181,583 units in 2021, and 254,556 units in 2022. Last year, Kia solidified its presence with annual sales of 255,000 units.

KIA has expanded its footprint in the country with a widespread network of 588 touchpoints across 256 cities. Kia will soon launch its global flagships in India this year, followed by a home-grown new model.

Ozonetel appoints Shalil Gupta as Managing Director

Gupta is a senior business and technology leader with over 25 years of experience.

Expands the executive leadership team to enhance the platform offerings and
drive growth across global markets.

Nazara acquires UK based Fusebox Games for Rs 228 crore

Nitish Mittersain, Founder & CEO of Nazara said, “We see a large opportunity in building an IP based global gaming business that benefits from our core base in India where we can support global studios through enhanced user acquisition strategies, data analytics, live operations and new initiatives such as implementing our in-house AI playbook.

Popular IP based games of Fusebox to boost Nazara’s core gaming segment

The Advertising Club launches The TAC Academy with the IPA Qualifications

Every year over 4,000 practitioners future-proof their careers through IPA’s Continuous Professional Development Programme – helping their careers flourish. (Image: Unsplash)

The Ad Club has forged a special deal with IPA – The Institute of Practitioners in Advertising to offer curated and cutting-edge qualifications from around the globe under the aegis of The TAC Academy.

R K SWAMY Ltd Q1 FY25 results: Revenue from operations up 11.4% versus a year ago

Shekar Swamy, Managing Director & Group CEO, R K Swamy Ltd, said, “We are focused on winning a few large new engagements, in addition to the strong stable roster of clients we serve.”

Mahindra Group gets GST notice over brand name use by group firms

Mahindra & Mahindra received a notice from the GST office for the service between 2017-23

The show-cause notice asks Mahindra & Mahindra why it should not pay GST on the services it provides to its subsidiaries by allowing them to use the flagship brand and logo.

India should soon see its first Olympics sponsor

Interest for IOC deals is also expected from Qatar, which wants to host the 2036 Olympics in Doha, and Saudi Arabia, which now has a 12-year deal to host the Esport Olympic Games.

The IOC currently has 15 top-tier partners, which collectively paid almost $740 million last year in cash and services, though none from India.

Auto major Volvo initiates global media review

WPP’s Mindshare was the 25-year incumbent of Volvo's $500 million media account.

Volvo Cars reported global sales of 57,447 cars in July, up 6 per cent compared to the same period last year.

Cannes Lions-parent firm Ascential set to acquire Effies

Philip Thomas, CEO, Ascential, commented: “The coming together of LIONS and Effie is a powerful testament to the fact that effectiveness and creativity in marketing are inextricably linked. All enlightened businesses know that creative, effective marketing drives growth."

Effies, the global benchmark in marketing effectiveness to join Ascential’s LIONS Division to amplify offer for Marketing and Creative Industries.