Pranay Kale has more than 18 years of experience in the SaaS industry and has worked across BFSI, technology, manufacturing as well as other verticals globall
Author: Mansi Jaswal
Surrogate ads draft rules | Festive season to boost AdEx | Brands splurge on influencers
Storyboard18 brings you top five news updates from the world of advertising, marketing and business of brands.
Festive season boosts demand for gig workers, employers plan to hire 10 lakh workers
Employers prefer gig workers with 1-5 years of experience. Only 10.7 percent of surveyed employers were open to hiring gig workers with no prior experience
88% of Indian organizations open to global hiring for AI roles: Report
According to Deel report, 80 organizations said that high salary expectations have deterred them from hiring AI talent. On the other hand, 56 percent of the respondents cited fierce competition from other companies as a significant challenge in attracting AI talent.
Ahead of festive season sale, e-commerce giants under fire for discount practices
BJP MP and Secretary General Emeritus of Confederation of All India Thanjiraders (CAIT), Praveen Khandelwal has urged the government to introduce stricter e-commerce regulations and policies to prevent future breaches
One MobiKwik Systems get Sebi’s nod for IPO
MobiKwik will allocate the raised funds for expanding its business (Rs 250 crore), for growth in the payment services sector, for investment in data in machine learning, AI, and technology (Rs 135 crore each), for capex related to payment devices (Rs 70 crore), and the remaining amount for general corporate purposes.
IPO-bound Ecom Express processes 82% of tier-2 shipments but faces growth challenges: InCred Equities
InCred Equities estimated that Ecom Express handled 430 million of shipments in FY2024 accounting for 58% of Delhivery’s shipments, while its sales were 51% of Delhivery’s express sales
Patanjali Foods invests Rs 25 crore in wholly-owned subsidiary ‘Contemporary Agro’
According to the Bombay Stock Exchange (BSE) filing, Patanjali acquired 2,50,00,000 equity shares of CAPL on September 23
Retail sector growth drops to 2% in August 2024, despite positive economic outlook
Of the different retail categories, food and grocery registered the highest growth of 7%, followed by 5% in jewellery compared to August 2023
ONDC increases marketing costs to Rs 91.73 crore in FY24
ONDC shares discounting costs or incentives that the network participants such as Ola, Magicpin, Paytm, and others offer to their end buyers