Hyundai Motor appoints Jose Munoz as its first foreign CEO

Prior to Hyundai, Jose Munoz spent 15 years at Nissan Motor Co., including a role as chairman of its China operations. (Image source: LinkedIn)

Starting January 1, 2025, Munoz will take over as CEO, with Jaehoon Chang stepping into the role of vice-chairman of Hyundai’s automotive division.

‘It is not always about making money and getting returns’: Adar Poonawalla and Karan Johar discuss Dharma acquisition

This unprecedented 50/50 partnership promises to usher in a new chapter for the Indian entertainment industry, with external investments shaping creative expansion, distribution networks, and new verticals. (L-R: Karan Johar, Adar Poonawalla)

Karan Johar described the recent acquisition of Dharma Productions by Adar Poonawalla’s Serene Productions as a “great marriage of two minds.”

Pankaj Tripathi chosen as brand ambassador for Madhya Pradesh Tourism

Having spent significant time exploring the state, Pankaj Tripathi highlighted its natural beauty, historic architecture, and rich biodiversity.

In partnership with the Stree 2 actor, Madhya Pradesh Tourism aims to draw global and domestic travellers to its UNESCO World Heritage sites, wildlife sanctuaries, and rich cultural landmarks.

KL Rahul backed fitness brand Boldfit secures INR 110 crore in Series-A funding

In a market dominated by foreign fitness brands, Boldfit has carved a space for itself by focusing on accessible, high-quality fitness products tailored to meet the diverse needs of Indian consumers.

The fresh capital aims to accelerate Boldfit’s product innovation, broaden its market footprint, and strengthen its mission to build a distinctly Indian fitness brand in a market largely led by international players.

Meta sets sights on advertising for Threads: Report

The timing of the news coincided with Meta’s announcement that it will reduce the price of ad-free subscriptions for EU users of Instagram and Facebook.

Since its mid-2023 launch, Threads has experienced rapid growth, attracting over 175 million monthly active users in its first year.

Nykaa appoints Abhijeet Dabas as EVP and Business Head of Fashion eCommerce

In his new capacity, Abhijeet Dabas is expected to helm Nykaa Fashion's online growth strategy, oversee expansion in both domestic and international markets, and strengthen strategic partnerships.

With a strong background in tech and e-commerce, Dabas will lead Nykaa Fashion’s online expansion, strategic partnerships, and customer-centric growth initiatives.