Discounts bring car sales back on track in festive season, two-wheelers ride on rural demand: FADA

While the overall sales have risen, FADA also noted that dealers would have fully met or even exceeded targets of 45 lakh units during the festive period if not for the unseasonal heavy rains in South India, especially in Bengaluru and Tamil Nadu, and the Cyclone Dana that affected Odisha. (Image source: Unsplash)

According to FADA, two-wheeler sales were robust during the 42-day festive period largely driven by strong rural demand whereas passenger vehicles or cars bounced back after a lull due to pent-up demand and unprecedented discounts.

InspiRAYtion 14 – A great disturbance in the Force

RIP Broke Ad School. You did so much good for the cause of Creative people and if only we’d have chatted before pulling the plug I’d have liked to say that one must never let an agency interfere with one’s love for Advertising, writes adman Rayomand J Patell.

One of the single most inspiring things that happened to desi Advertising was ADs Broke Ad School. He singlehandedly proved that you could be the change you wanted to see in the world, writes adman Rayomand J Patell.

Bookstrapping: Versifying with Nadir Godrej

Last week saw the 11th edition of the Hurun India philanthropy list come out. From Shiv Nadar who topped the list to the Bajaj family who are tenth on it, education seemed to be on top of every list. This connected to Nadir Godrej’s poem, ‘Good & Green’, stated Reeta Ramamurthy Gupta. (Image source: wbcsd)

The power of poetry lies in the fact that like humor, it is eminently powerful in talking about complex issues. Nadir Godrej’s poems raise questions in the nicest, most human way possible, writes Reeta Ramamurthy Gupta.

Reliance and Disney complete transaction to form JV; Nita M. Ambani to be Chairperson

The transaction values the JV at ₹ 70,352 crore (~US$ 8.5 billion) on a post-money basis, excluding synergies. At the closing of the transactions noted above, the JV is controlled by RIL and owned 16.34% by RIL, 46.82% by Viacom18 and 36.84% by Disney.

Nita M. Ambani will be the Chairperson of the JV, with Uday Shankar as Vice Chairperson providing strategic guidance to the JV. Reliance has invested Rs 11,500 crore growth capital in the Joint Venture.

AVGC 2.0 policy to be implemented by January’25 | Intel’s Roshni Das quits | RMG sector to be regulated by MeitY

Telangana IT Minister, D. Sridhar Babu confirmed the development to Storyboard18, during a press meeting at the 16th edition of the India Game Developer Conference (IGDC) which is being organised by the Game Developer Association of India (GDAI). The conference is taking place from November 13-15 at the Hyderabad International Convention Centre (HICC).

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

Shivanandan Pare of Deltatech joins Gameskraft

As the former executive director, Shivanandan Pare delivered growth through organic and inorganic approaches. His skill sets ranged from stakeholder management, risk management, strategic vision and planning, ethical leadership, leadership, P&L management, adaptability and innovation, omni - channel, global business perspective, results-orientation, communication, problem solving, and decision making.

Shivanandan Pare started his career as an assistant manager at Onkyo India and went on to work across Meghraj Financial Services Private Limited, Reliance – ADA Group Limited, and Aditya Birla Fashion and Retail.

87 percent singles experienced positives of dating this year: Bumble

Single people are more determined, with nearly three in four (72 percent) globally looking to find a long-term partner in the next year. However, the level of tolerance has shifted. Specifically amongst women in India, more than two in three (70 percent) say that they are being more honest with themselves and are no longer making compromises. (Image source: Unsplash)

Bumble’s research report revealed the excitement single Indians experienced of meeting somebody new, building their confidence, and exploring new attributes in what they want. Bumble research shows that they are clear about their own desire for romance, total transparency, shared community values, and leaning into platonic male friendship at pivotal moments, to help navigate the next year in dating.

ICICI Securities elevates Srirang TK to MD & CEO

Srirang TK succeeds Vijay Chandok who has stepped down from his position, effective from November 27.

Srirang TK has previously been the chairman for Confederation of Indian Industry (CII), and has held the position of a group chief human resources officer at ICICI Bank for a period of 22 years.