Indrani Bose – Page 7

LTIMindtree records 10.3% increase in profit; lands $200m+ deal

Chetana Patnaik, CHRO, LTIMindtree, says, "We’re above 30 percent women representation overall as well as across all business lines, which is above average amongst ITeS companies. We are also on track to achieving our 2030 targets for achieving 40 percent women representation overall and 15 percent women representation at the leadership level."

Our digital infrastructure also integrates DEI needs in all processes, such as making our applications digital and accessible, including ‘others’ and ‘do not wish to disclose’ as a gender identity, supporting ‘Preferred’ or ‘Chosen’ names, says Chetana Patnaik, CHRO, LTIMindtree.

Infosys reverses trend, adds 2465 employees in Q2

The attrition rate for the quarter on the last twelve-month basis increased 12.9 percent from 12.7 percent in the June quarter.

Rival Tata Consultancy Services (TCS) added 5,726 employees and HCL Tech lost 780 employees.

Infosys profits up in Q2, records 4.2% rise in revenue to Rs 40,986 crore

The attrition rate for the quarter on the last twelve-month basis increased 12.9 percent from 12.7 percent in the June quarter.

The company attributed the growth to various factors, including increased traction in generative AI, cost optimization, and the acquisition of In-Tech.

Havells India profits surge 9.5% in Q2, festive shift boosts ad spends

High commodity price volatility impacted contribution margins, especially in the cable segment. Decent growth in switches and domestic switchgear offset the impact of higher base due to large institutional orders last year in the industrial switchgear (IP) segment. The switchgear segment reported revenue of Rs 551 crore, up 4% YoY.

Lloyd reported a steady performance in the non-seasonal quarter, with a contribution margin improvement to 14% from 3.9% last year and 13.2% in the June quarter.

Licious revenue dips 8 percent in FY24 amid distribution channel closures

In terms of competition, Licious primarily faces competition from Amazon-backed FreshToHome, which has raised around $290 million.

This decline was attributed to the closure of distribution channels like Dunzo and Swiggy Meatstore and a shift in focus towards owned channels.

Festive forecast: Auto and finance lead the way in digital advertising, says Zenith’s Jai Lala

The CTV increase is more prominent with brands that are catering to metros and affluent audiences, according to Jai Lala, CEO, Zenith India, the media agency of Publicis Groupe.

Digital is increasing at a rate of around 50 percent. says Jai Lala, CEO, Zenith India, the media agency of Publicis Groupe.

Kalyan Jewellers records 37% growth for Q2 FY2025

Its digital-first jewellery platform, Candere, recorded a revenue growth of approximately 30% during the recently concluded quarter as compared to the same period during the last year. It launched 12 Candere showrooms during Q2 FY 2025. (Image source: Kalyan Jewellers)(Image source: Kalyan Jewellers)

Its India operations witnessed revenue growth of approximately 39% during Q2 FY2025 as compared to Q2 FY2024, led by robust operating momentum on the ground across all markets with healthy same-store-sales-growth of approximately 23%

Will continue to focus on equity-building mediums like CTV: Tanishq

Tanishq's media choices are guided by its understanding of the target audience and its purpose. "We are constantly working to drive omnichannel leads from a media choice and investment perspective," Tshering states.

“Our ad spend will see double-digit growth over last year, driven by recent positive developments in the gold market and the upcoming wedding season,” says Pelki Tshering, CMO, Tanishq.