Yukta Raj – Page 2 – storyboard18

India’s retail market to surpass $1.6 trillion by 2030, organized retail poised for rapid growth: Redseer

By 2030, grocery, lifestyle, and general merchandise are expected to account for two-thirds of the e-retail market and contribute 70% of incremental growth.

Despite this remarkable growth growth, the supply landscape remains highly fragmented and is expected to remain so in the long term, with regional and unbranded brands expected to contribute over 70% of the market by 2030.

Maruti Suzuki India appoints Sunil Kakkar to its board; becomes first Indian to serve as a whole-time director

Kakkar will be responsible for steering Maruti Suzuki’s long-term vision, strengthening localization efforts, and preparing the company for future challenges.

The Board has re-designated Kenichiro Toyofuku from Director (Corporate Planning) to Director (Sustainability).

Meta introduces AI-powered tools to help brands connect with the right creators for growth

India remains Meta’s largest user base, with over one billion users across Facebook, Instagram, Threads, and Messenger.

Meta’s latest update introduces AI-powered recommendations to help brands identify and leverage the most impactful creator content for their advertising campaigns.

Bharti Airtel elevates Siddharth Sharma as CEO – Connected Homes and CMO

Sharma’s appointment aligns with Airtel’s strategic vision to enhance its connected home offerings and marketing initiatives.

Sharma, a seasoned telecom and media industry executive with over two decades of experience, previously led Airtel’s Direct-to-Home (DTH) business as CEO.

SEBI cracks down on Basant Maheshwari Wealth Advisers over ad code breach

As per the regulatory order, the firm has been given 45 days to pay the fine. (Image Source: iPleaders)

A penalty of Rs 4 lakh has been imposed on Basant Maheshwari Wealth Advisers LLP by SEBI for breaching investment adviser regulations, including violations related to misleading advertising practices.

AI-powered ads drive higher returns, confirms Nielsen Study

AI-powered applications like fashion avatars, smart shopping carts, and virtual influencers are enhancing customer engagement. 47% of retailers state that AI has led to new product and service developments

The key AI-powered advertising solutions analyzed are Video Reach Campaigns (VRC), Video View Campaigns (VVC), Demand Gen Campaigns, Performance Max and Broad Match.

Blake Chandlee steps down as TikTok’s Global Business President amid US ban

Chandlee joined TikTok in 2019 after a 12-year tenure at Facebook, where he held key leadership roles, including vice president of global partnerships.

An internal memo confirmed that Chandlee, who oversaw global advertising sales and marketing, will transition into an advisory role.

Saint-Gobain appoints Sreedhar N. as CEO of Asia-Pacific Region

Based in Mumbai, he will remain a member of the Executive Committee of Saint-Gobain.

After serving as Chief Financial Officer of Saint-Gobain for more than six years, Sreedhar N. will assume the role effective April 1, 2025.

Schengen, USA and UAE lead as visa applications rise 68% YoY: Atlys

An emerging trend for this summer is the rise of first-time international travellers gravitating towards destinations like Cambodia, Sri Lanka, and Azerbaijan, which offer streamlined visa procedures and accessible travel experiences. (Image source: Unsplash)

Gen Z travellers continue to drive much of this momentum with their preference for experience-led trips, shorter stays, and spontaneity with Indonesia, Egypt, and Japan topping the list of preferred destinations for immersive and purposeful journeys.