Mansi Jaswal – Page 39

HUL cuts advertising spend, reports slight profit dip in Q2 FY25

HUL reduced its advertisement and promotion expenses by 13.8 percent in Q2 FY25.

HUL posted a marginal decline (at 4 percent) in profit to Rs 2,612 crore in Q2 FY25 from Rs 2,717 crore on a standalone basis

GOTS expands suspension of Intertek Testing Services over security lapses: Report

In August, the London-based textile exchange – Global Organic Textile Standard (GOTS), suspended Intertek’s Indian office for Organic Content Standards

Zomato increases platform fee to Rs 10; Sixth hike over last one year

Mass layoffs seen in Zomato as the company leverages on AI tech

Zomato increased the fee to Rs 3 in October 2023, followed by Rs 4 in January 2024, Rs 5 in April 2024, Rs 6 in July 2024, and Rs 10 in October 2024

Tupperware scraps open-market auction plan; opts for $23.5 million sale to lenders

Tupperware filed for bankruptcy protection in Septembe

According to Reuters, lenders poised to acquire Tupperware include Alden Global Capital, Stonehill Institutional Partners, and a trading desk of Bank of America

Booking.com expands to become a ‘One-Stop Shop’ for travellers; Targets Gen Z, AI integration

Booking.com has witnessed a favorable repeat direct booking behavior from consumers using mobile apps compared to direct bookings on desktop or mobile in the first quarter of 2024 (Image: unsplash)

Booking.com’s first-quarter revenue grew by 17 percent to $4.4 billion, and adjusted EBITDA of about $900 million increased 53% year over year.

Zomato to launch ‘District’ app in 4 weeks: Deepinder Goyal

The tweet, which quickly went viral, laid out a straightforward criterion for prospective collaborators: a demonstrated use of AI as a "second brain."

Zomato founder Deepinder Goyal said the company is currently focusing on migrating the business from Zomato and Paytm platforms to the new District application

TV ad spends decline | Disney Star’s President steps down | Zomato, Paytm Q2 earnings

The study also reveals that overall attrition rates declined to 17.7 percent in 2024 from a high of 18.7 percent in 2023 and 21.4 percent in 2022, indicating the availability of a larger talent pool post the Great Resignation.

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

Zomato’s profit declines 30% QoQ to Rs 176 crore; Ad expenses surge to Rs 343 crore

Zomato maintained that Nona Lifestyle had failed to meet delivery deadlines, resulting in penalties outlined in their contract.

Zomato spent Rs 343 crore between July and September 2024 as compared to Rs 303 crore in the corresponding quarter last year.

Creative careers flourish as Gen Z pushes back against hustle culture: Report

Creator workshops, non-traditional colleges and business schools, and disruptive career successes are emerging (Image: Unsplash)

According to a report by report by Stumble and Kommune, the young workforce is gravitating towards startups that allow work-life balance.

HSBC appoints Pam Kaur as its 1st female CFO in nearly 160-year history

Pam Kaur, HSBC's first female CFO

Pam Kaur has an MBA in Finance, and a BCom (Hons) from Panjab University in India