Delshad Irani – Page 33

Lulu Raghavan elevated to president for Landor APAC

In the new role, Lulu Raghavan will remain based in Mumbai and report to Christian Schroeder, Global President of Landor.

Don’t expect advertising to be a primary driver of revenue growth in 2024 or 2025: Netflix

The EOW has summoned executives from Los Gatos Production Services India for questioning and is conducting a thorough investigation.

The near term challenge (and medium term opportunity) is that Netflix is scaling faster than its ability to monetize the growing ad inventory.

Netflix targets $17 billion in content spend this year; India top 3 market in revenue growth in Q2

Ted Sarandos, Co-CEO, Netflix said, "India's growth is a story that we see around the world playing out very similarly." (Image: Netflix, 'Heeramandi')

India was Netflix’s number 2 and 3 country in terms of paid net adds and percent of revenue growth in the second quarter.

Microsoft Cloud strength drives fourth quarter results; Company’s revenue up 15% to $64.7 billion

“Our strong performance this fiscal year speaks both to our innovation and to the trust customers continue to place in Microsoft,” said Satya Nadella, chairman and chief executive officer of Microsoft.

Diageo India looking at growing non-alcoholic and/or Zero Alcohol and liqueur categories

Hina Nagarajan, CEO, Diageo India, said recent investments in craft beverage firms is “in anticipation of creating a new growth engine based on future-back assessment of where the consumer is headed.”

HUL CEO Rohit Jawa: Rural growth lagged behind urban over the last year

Rohit Jawa, CEO and MD, Hindustan Unilever, said, “We continue to focus on operational excellence and build back our gross margins with a substantial part of those being reinvested behind brands and capabilities.”

Paris-based media giant Vivendi’s plans to list Havas and Canal+ revealed

On the Havas split the company shared that Havas, with the majority of its activities being carried out internationally, would be listed as a Dutch public limited liability company (NV) on the Euronext Amsterdam stock exchange, which already witnessed Universal Music Group’s success.

For the first half of 2024, Vivendi’s revenues were €9,052 million, an increase of 92.7% compared to the same period of 2023. Canal+ Group is a major player in the creation and distribution of cinema and audiovisual content on all continents.

Unilever’s brand and marketing investment up 180bps to 15.1%, focused on Power Brands

Hein Schumacher, CEO of Unilever said “We continue to embed the Growth Action Plan, doing fewer things, better and with greater impact."

Unilever’s Power Brands which contribute to ~75% of turnover, led growth for the global FMCG major which owns brands like Dove, Sunsilk, Axe, Surf, Knorr, Magnum and Lifebuoy.

Nykaa’s Falguni Nayar ceases to be Dabur’s non-exec independent director after completion of second term

Falguni Nayar, founder & CEO of Nykaa

Falguni Nayar is the founder, Executive Chairperson & Managing Director and Chief Executive Officer of Nykaa. She holds a post-graduate diploma in management from the Indian Institute of Management, Ahmedabad.