Storyboard18 brings you top five news updates from the world of advertising, marketing and business of brands.
Author: Mansi Jaswal
Maruti Suzuki’s Q2 result: Profit down 17.4%, revenue flat, export sales up
Maruti Suzuki’s Q2 result: The Company sold a total of 541,550 vehicles during the quarter, of which the domestic market volume was 463,834 vehicles and the export volume was 77,716 vehicles
Tanishq, BigBasket collaborate for 10-minute delivery of gold, silver coins
BigBasket said it will deliver Tanishq’s Lakshmi Ganesh (999.9 Purity) silver coin, 10 gram; Tanishq 22 carat gold coin, 1 gram; and Tanishq 22 carat gold coin With Lakshmi motif, 1 gram in just 10 minutes to customers during Dhanteras festival.
Gillette India boosts ad spend by 11% to Rs 113.44 crore in Q2 FY25
Gillette India has also seen a spike in its total income from Rs 676.19 crore in Q2 FY24 to Rs 788.87 crore in Q2 FY25
Flipkart’s advertising income jumps 51% to Rs 5,000 crore in FY2024: Report
Flipkart revenue stood at Rs 17,907 crore in 2023-24 while losses fell by 41 percent to Rs 2,358 crore.
Wealth management firms to boost AI budget from 16% to 37% in 3-5 years: Wipro survey
More than three-quarters (77 percent) of surveyed firms report improved decision-making with AI-driven predictive analytics, and 76 percent note overall operational efficiency improvements
Delhi-NCR market sells 15,600 housing units in Q3 2024; Gurugram, Ghaziabad emerge as top performer
NCR has sold an estimated 15,600 units of houses in Q3 2024
Q2 FY25: NDTV marketing, distribution, promotional expenses at Rs 33.57 crore
According to the Q2 FY25 balance sheet, NDTV’s standalone marketing, distribution, and promotional expenses were at Rs 33.57 crore
Patanjali scales up ad spend to Rs 130 crore in Q2 FY25, net profit rises to 21.38% YoY
Patanjali Foods, which roped in several celebrities, including Shilpa Shetty, Shahid Kapoor, and Khesari Lal Yadav, for Nutrela-branded soya chunks and edible oils, has spent more than Rs 185 crore so far in FY25
Zepto leads ad spending surge in quick commerce, outpacing Blinkit
Zepto’s revenue surged by more than 1200 percent in FY2023 to $251.7 million compared to $18.9 million in FY2022 as per the data by Tracxn Technologies Ltd. However, the net profit of the company declined by 198 percent to $158.6 million year-on-year