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.
Author: Yukta Raj
India’s digital payment surge drives growth in cashback and promo code adoption
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
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 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.
Polish ecomm platform Allegro’s subsidiary Ceneo files lawsuit against Google for $567 million
The compensation sought by Ceneo consists of 1.72 billion zlotys for the losses it claims to have sustained, along with an additional 615 million zlotys in interest payments covering the period from 2013 through November 29, 2024.
Reliance Jio leads broadband services sector with 474.81 mn subscribers, reveals TRAI data
As per the data shared by Telecom Regulatory Authority of India (TRAI), Reliance Jio, Bharti Airtel, Vodafone Idea, BSNL and Atria Convergence are amongst the top five service providers.
TRAI unveils upgraded website with new features; aims to enhance accessibility, public engagement
The website has also introduced TARA (Telecom Authority Responsive Advisor), an AI-powered chatbot designed to assist with interactive searches and provide answers to frequently asked questions.
Havas-owned PivotRoots wins CoinDCX’s digital brand and performance marketing mandate
PivotRoots will spearhead CoinDCX’s efforts to grow the crypto category in India and build a brand presence while driving substantial user acquisition and retention.
Brand partnerships, gamification, PC Gaming to drive growth of India’s video gaming industry; to hit $1 billion by 2025
The rise of gamification will continue to reshape various sectors, as social media platforms, streaming services, and e-commerce giants increasingly adopt gaming features to engage users.
Dabur forays into kids’ toothpaste category; launches ‘Dabur Herb’l Kids Toothpaste’
The newly launched product is available in two variants, that is IRON MAN and ELSA from FROZEN.