DB Corp Limited posted advertisement revenue CAGR growth of 20 percent since FY2021. The revenue increased from Rs 1008 crore in fiscal year 2021 to Rs 1,752 crore in FY24
Author: Mansi Jaswal
Back to traditions: Dry fruit, the evergreen choice for gifting in festive seasons
Vimmi Sud, Director at VS Dryfruit Mart told Storyboard18 told Storyboard18 that corporates also prefer gifting products that are both healthy and wholesome. She added that companies look at options like mithai (sweets) and chocolates but eventually land on tried, tested and traditional options for gifting
Govt advocates for gamification in school curriculum to boost learning
‘Gamification can revolutionize traditional learning methods by making education much more attractive for students, making complex subjects more accessible and engaging for students and encouraging critical thinking,’ Union Minister of State for Education Sukanta Majumdar said
Elon Musk drops Unilever from X’s antitrust lawsuit, reaches agreement on brand safety
A lawsuit accused the World Federation of Advertisers and group members Unilever, CVS Health, and Dansih renewable energy firm Orsted of conspiring to withhold ‘billions of dollars in advertising revenue’ from X
Servify grows revenue by 23.6% in FY24, slashes losses by 59%
Servify’s income from mobile handsets and spare parts grew by 66 percent, reaching Rs 91 crore, during the same period
Kuku FM doubles revenue in FY24, marketing costs remain high
Kuku FM has reportedly allocated over 50 percent of its total cash burn to advertising and marketing which stood at Rs 102 crore in FY24– an 8.5 percent rise from FY23
Hyundai Motor India increases ad budget as IPO nears, eyes trusted brand positioning
According to the Draft Red Herring Prospectus (DRHP), submitted to the Securities and Exchange Board of India (Sebi) in June this year, Hyundai Motors has spent Rs 677 crore on advertisement and sales promotion on a standalone basis in fiscal year 2023 (FY23)
UPI dominates India’s digital payment landscape; Transactions surge by 73% in 18 months
PhonePe accounted for 49.28 percent of all UPI transaction volume as of June 2024, followed by Google Pay at 37.45 percent and Paytm at 8.11 percent.
SpiceJet and aircraft leasing company Babcock & Brown settle over Rs 1,100 crore dispute
The settlement comes close on the heels of SpiceJet’s successful resolution of a dispute with Engine Lease Finance Corporation (ELFC) on September 24, which had claimed $16.7 million
PepsiCo reports double-digit organic growth revenue in India during Q3 2024
Pepsico’s international business delivered 4 percent organic revenue growth, compared to 12 percent organic revenue growth in the third quarter of 2023