Indrani Bose – Page 3

Titan’s ad spending jumps 23.8% to Rs 250 cr in Q2

Jewellery continued to be the largest revenue driver with steady growth. Total Income for the quarter grew 26% over Q2FY24 to Rs 763 crores. The India business grew 25% in the same period. (Image source: CNBC TV18)

The profit for this quarter was Rs 705 crore compared to last last quarter’s Rs 770 crores indicating approximately an 8.4% decline.

Wakefit records 50% revenue growth online during festive season

Sharing his views on the company’s growth, Chaitanya Ramalingegowda, Co-founder & Director, Wakefit.co, said, “The festive season sale has gotten an incredible response from our customers this year. The trust that they continue to place in us is truly motivating and drives everything we do. At Wakefit.co, listening to our customers' needs and evolving with them has always been a priority. This year’s growth is a reflection of that commitment.”

Geographically, the North and East regions experienced the highest sales growth this year, with states like Uttar Pradesh, Madhya Pradesh, and Rajasthan showing a 4x spike in sales compared to pre-festive periods.

Double-digit AdEx and store expansion fuel $145B Indian jewellery market

Kalyan Jewellers also posted a decline in its standalone net profit to Rs 120.25 crore between July and September FY 25.

The top 10 organized jewelry players including Titan (Jewellery), Joyalukkas, and Kalyan account command over 30% (90% of organized) of the total jewellery demand in India.

Nielsen gets MRC nod for first-party streaming data integration

“We’re thrilled and humbled to earn first-party approval from the MRC. It’s a great affirmation of Nielsen’s ability to innovate at the speed of the market, while doing so in a safe and verified way,” Nielsen CEO Karthik Rao said in a statement.

Currently, Amazon is the sole Nielsen client utilizing this integrated measurement for its Thursday Night Football telecasts, an agreement that caused some controversy within the industry when it commenced in 2023

Google, Meta, Amazon, Flipkart boost ad revenue by 9% to Rs 60,000 Crore

Google India's ad revenue grew by 11% to Rs 31,221 crore in FY24 from Rs 28,040 crore the previous year.

India’s internet advertising market is among the fastest growing in the world, showing 35.3% growth in 2022.

Amazon’s ad revenue up 24% to $47B; AI emerges as a key player

During the first 48 hours of Amazon Great Indian Festival 2024, customers got access to over 25,000 new Despite representing only 8.8% of the global digital advertising market, Amazon's burgeoning ad business poses a significant threat to industry leaders Alphabet (27.7%) and Meta (22.8%).

“We’re optimistic that much of this world-changing AI will be built on top of AWS,” says Andy Jassy, Amazon CEO.

Premium choco brands boost AdEx | Swiggy focuses on brand marketing | Netflix CXO Move

Premium brands in the fast-moving consumer goods sector are growing at roughly twice the pace of their non-premium counterparts in India.

Storyboard18 brings you top five news updates from the world of advertising, marketing and business of brands.

Nazara’s Datawrkz acquires UK’s growth marketing agency for Rs 52.3 cr

This acquisition aims to advance Datawrkz’s growth ambitions across Europe and North America, positioning it as a scaled player in the global digital advertising market.

This partnership will enable both companies to deliver more digital advertising solutions and drive further expansion, especially in the European and UK markets.

Diwali 2024: Mumbai property registrations hit Rs 1,081 cr in October

In terms of the number of property registrations, 11,861 homes were registered in the city in October (till 29th) against 9,736 in November 2023. This is a 22% jump this Diwali over last year. (Image source: Moneycontrol)

This is 52% more than last year’s Diwali period (November 2023) when the revenue collected was just Rs 712 crore.

Storyboard18’s Power of Purpose: People, planet and profit

The capital witnessed a gathering of purpose-driven minds debating how the young generation and business leaders are driving the sustainability efforts in the country.

During a panel discussion, Ramnath Vaidyanthan, AVP & Head Of Sustainability, Godrej Industries, Ridhima Pandey, 16-year-old climate activist, Amar Nagaram- CEO and Co-founder, Virgio, and Saurabh Goenka, Director of Marketing, Pashupati Group discussed ‘powering long-term sustainability and new bottom-line (people, planet and profit).