Mansi Jaswal – Page 27

Private FMs’ news struggle | RMG operators go offshore | Xiaomi India’s President steps down

The original deadline for submitting applications was November 15, 2024.

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

Saregama’s advertising expenses soar 91.6% in Q2 FY 25; Revenue from videos sees 378% jump

Saregama Ltd has increased its advertisement and sales promotion expenses by 23.4% year-on-year

Saregama Ltd’s consolidated profit in Q2 FY25 stood at Rs 44.95 crore compared to Rs 48 crore in the corresponding quarter last fiscal

Bata India Q2 profit rises to 52% in Q2; Director Kanchan Chehal resigns

Bata India posted a consolidated profit of Rs 52 crore year-on-year

Bata Ltd said it renovated 48 stores and opened 4 Exclusive Brand Outlets (EBOs) for Power, 136 EBOs for Hush Puppies, and 14 Kiosk for Floatz

Reliance Jio eyes market debut in 2025, valued at over $100 billion: Report

Reliance Jio has firmed up plans to launch the Jio IPO in 2025

Reliance Jio’s 5G subscriber base grew from 130 million to 147 million and its average revenue per user (ARPU) increased from Rs 181.7 to Rs 195.1 in Q2 FY25

Bajaj Auto’s festive cheer dampened! Two-wheeler sales down, exports rise in October

Bajaj Auto has registered only a 2 percent increase in vehicle sales (both two-wheelers and CVs) at 4.79 lakh in Oct 2024

Bajaj Auto sold 2.55 lakh 2-wheelers compared to 2.78 lakh in the same month last year

HUL, Marico, Godrej trim ad spending in Q2 FY25 to counter inflationary pressures

HUL slashed the ad spending by 14.8% in Q2 (Photo by Daria Volkova on Unsplash)

However, Patanjali Foods stepped up advertising & sales promotion substantially to Rs 130 crore in Q2 FY 25

Dabur India cuts ad expenses by 5% in Q2 FY25, net profit declines 17%

Dabur India's net profit also witnessed a decline of 17 percent to Rs 425 crore YoY

Dabur spent Rs 164.87 crore between July and September 2024 compared to 173 crore in the same period last year.

IPO-bound Swiggy increases focus on brand marketing, allocates Rs 1,115 crore

Swiggy Ltd increased its consolidated advertisement and promotion expenses by 65.3% in Q3 FY25

Swiggy IPO will open for subscription on November 6 and close on November 8. The food delivery platform has set a price band of Rs 371-390 a share. Swiggy will make its debut on the stock exchanges on 13 November

Castrol India appoints Kedar Lele as MD

Kedar Lele started his career at Unilever as a marketing manager for the ice cream department. At Kimberly Clark lever, as the head - sales and marketing, he led the sales and marketing function for Kimberly Clark Lever (joint venture of Hindustan Unilever & Kimberly Clark) based out of Pune. (Image source: LinkedIn)

Kedar has joined Castrol India after a two-decade-long career at Hindustan Unilever Limited (HUL), where he last served as the Executive Director of the company, responsible for sales and customer development, South Asia

Marico’s profit soars 105% YoY, despite reduced ad spending in Q2 FY25

Marico spent Rs 293 crore on advertisement in Q3 FY25

Marico’s standalone profit soared to Rs 529 crore–a 105 percent increase YoY. On a quarterly basis, the company’s profit saw a rise of 70 percent