Yukta Raj – Page 33 – storyboard18

Suvonil Chatterjee resigns as Ola Electric’s Chief Technology and Product Officer

Suvonil Chatterjee, a BITS Pilani graduate, joined Ola as the head of design for the company’s flagship cab business in 2017.

Earlier this year, the company also lost Pramendra Tomar, its company secretary and compliance officer, who resigned for personal reasons.

Coca-Cola replaces Pepsi at Domino’s; Jubilant FoodWorks signs MoU with Coca-Cola for beverage supply

With this new deal, Coca-Cola’s extensive range of sparkling beverages will now replace PepsiCo’s offerings in Domino’s and Popeyes outlets.

This strategic alliance comes on the heels of a recent investment by Jubilant Bhartia Group in Hindustan Coca-Cola Holdings Pvt. Ltd. (HCCHL), Coca-Cola’s largest bottling arm in India.

FMCGs go frugal on adex | Qcomm splurge on ad | Misleading ads puts UPSC coaching institute in trouble

FMCG company's advertising volumes on TV saw a de-growth of 6 percent in the first half of 2024.

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

YES Bank appoints Naveen Chaluvadi as Chief Digital Officer

Chaluvadi joined the bank in August 2013

As the Chief Digital Officer, Chaluvadi will continue to lead the bank’s digital transformation efforts, focusing on developing cutting-edge payment and collection solutions.

CCPA imposes penalties on UPSC coaching institutes for misleading ads; order against Vajirao & Reddy Institute, StudyIQ IAS, Edge IAS

According to Section 2(28)(iv) of the Consumer Protection Act, 2019, advertisements that conceal important information are considered misleading.

The CCPA imposed penalties totaling Rs 9 lakh on three coaching institutes, that is Vajirao & Reddy Institute, StudyIQ IAS and Edge IAS, following investigations into false or misleading advertisements.

Godfrey Phillips India appoints Siddharth Chawla as new COO

For the past two years, Chawla has served as the Chief Growth Officer at Pharmarack Technologies

The company’s nomination and remuneration committee approved the appointment, which will take effect from January 7, 2025, or another mutually agreed-upon date.

SMFG infuses Rs 3,000 crore into SMFG India Credit via rights issue

Post this infusion, SMICC’s Capital Adequacy Ratio (CAR) is expected to strengthen further, reinforcing the company’s robust financial foundation.

As of September 30, 2024, SMICC’s Asset Under Management (AUM) stood at Rs 49,800 crore, showcasing a year-on-year growth of 25.1 percent.

India’s digital payment surge drives growth in cashback and promo code adoption

The conversion for cashback, that is clicks to orders, has increased to 5 percent in this festive season (Photo:Unsplash)

Brands are finding that cashback and promo codes are more than just promotional tools; they are key drivers of customer engagement.

N Srinivasan resigns as CEO of India Cements after UltraTech Cement’s majority stake acquisition

India Cements, once controlled by Srinivasan and his family, will now be under the leadership of UltraTech Cement, which has become the largest player in the Indian cement industry through this acquisition.

The board of India Cements has appointed four new directors, K C Jhanwar, Vivek Agrawal, E R Raj Narayanan, and Ashok Ramachandran. Additionally, three independent directors, Alka Bharucha, Vikas Balia, and Sukanya Kripalu—have been added to the board.

Union Minister Pralhad Joshi launches key initiatives for consumer protection; focus on virtual justice, ecomm safety

The Minister launched several tools to further consumer protection, including the Jago Grahak Jago App, Jagriti App and Jagriti Dashboard

The Minister highlighted India’s growing e-commerce sector, with over 950 million users, and praised the Consumer Protection E-commerce Rules, 2020, aimed at safeguarding consumers in online marketplaces.