Fox Corp reports 20 percent decline in ad revenue

Quarterly revenue clocked by Fox stood at $4.23 billion, compared with estimates of $4.20 billion, according to LSEG data. (Representative Image: Jorge Salvador via Unsplash)

Ad revenue for the company fell to $2 billion in the second quarter ended December 31. Company blames low political ad spending.

Spice Money bolsters leadership team

Sameer Nagpal, Chief Operations Officer, Spice Money (left), Binu Varghese - General Counsel for the DigiSPICE Group (centre) and Harsh Mittal, Chief Product & Technology Officer, Spice Money (right)

These initiatives aim to amplify the impact of Spice Money and lay the groundwork for an expanded array of services tailored to diverse needs of the nation.

Dhruvank Vaidya to head Music and Podcasts at Spotify India

As a senior consultant at Accenture, he formulated and implemented supply chain strategy and operations improvement for pharma and industrial products companies. (Image source: X)

Dhruvank Vaidya gets an expanded role at Spotify India, to head Music and Podcasts for the streamer.

HUL’s Kartik Chandrasekhar quits; HUL top level rejig

Chandrasekhar began his career as a management trainee at Unilever and went on to rise through the ranks as head of oral care and skin cleansing for D&E markets and global brand lead - Pepsodent.

Kartik Chandrasekhar was to take up the position of executive director, personal care from April 1, 2024.

Tata’s dig at Maruti? Car purchase more about comfort of brand, than ‘Kitna Deti Hain’: Shailesh Chandra, Tata Motors

Shailesh Chandra, Managing Director, Tata Motors Passenger Vehicles Ltd. and Tata Passenger Electric Mobility Ltd. said, “Passenger vehicle sales in India are projected to set a record in FY24 with over 4.2 million units sold supported by strong growth in SUV sales (SUVs expected to surpass 50 percent of overall sales in FY24 vs 43 percent in FY23) and rising popularity of emission-friendly powertrains."

In an exclusive conversation with Storyboard18, Shailesh Chandra, Managing Director of Tata Motors, Passenger Vehicles and Electric Vehicle Mobility, says that consumers are looking for comfort in the brand more than ‘Sasta Hain ke nahi’ or ‘Kitna Deti Hain’.

HUL leadership changes: Deepak Subramanian to move overseas, Shiva Krishnamurthy and Srinandan Sundaram get new roles

Multinational company Hindustan Unilever has appointed key changes to its leadership committee.

Shiva Krishnamurthy, who is currently the vice president, foods and beverages, South Asia, will step into the shoes of Srinandan Sundaram who is currently the executive director, foods and refreshment. Sundaram will lead HUL as executive director, homecare and will replace Deepak Subramanian.

upGrad appoints Ankur Nyati as the new President of its Study Abroad segment

Ankur Nyati's leadership roles at leading brands such as ITC, Unilever, Flipkart, Ola, Ola UK, WhiteHat Jr, and The Manipal Group highlight his strategic acumen and execution prowess.

In his new role, Ankur Nyati will lead the Study Abroad operations, leveraging his expertise to further enhance upGrad’s standing in India and overseas markets and build the largest suite of study abroad offerings.