The investigation, which dates back to 2019, gained momentum earlier this month when the ED conducted searches at 19 locations across Delhi, Bengaluru, and Hyderabad.
Category: Brand Marketing
Discounts bring car sales back on track in festive season, two-wheelers ride on rural demand: FADA
According to FADA, two-wheeler sales were robust during the 42-day festive period largely driven by strong rural demand whereas passenger vehicles or cars bounced back after a lull due to pent-up demand and unprecedented discounts.
Nykaa’s Falguni Nayar sees India as a growth engine, hints at wellness expansion
Falguni Nayar highlighted the immense opportunities presented by India’s burgeoning economy and the increasing consumer demand for high-quality products and services.
TikTok expands AI horizons: Symphony Creative Studios now open to advertisers globally
The short-video giant unveils its generative AI platform to empower businesses with tailored, high-quality content solutions.
Ben & Jerry’s sues parent company Unilever, alleging suppression of Palestine advocacy
Ice cream maker alleges breach of settlement terms and silencing of social mission.
Agro Tech Foods to acquire Del Monte Foods in Rs 1,300 crore share swap deal
The deal is subject to regulatory approvals, including clearance from the Competition Commission of India, and is expected to close within nine months.
Mamaearth-parent firm Honasa Consumer reports loss of Rs 18.57 crore, sales down 7%
Honasa Consumer’s total income stood at Rs 481.84 crore in Q2 FY 25- down 4,24 percent. The company’s expenses were up by 9.1 percent to Rs 506.21 crore in the same period.
Reliance and Disney complete transaction to form JV; Nita M. Ambani to be Chairperson
Nita M. Ambani will be the Chairperson of the JV, with Uday Shankar as Vice Chairperson providing strategic guidance to the JV. Reliance has invested Rs 11,500 crore growth capital in the Joint Venture.
Pankaj Tripathi chosen as brand ambassador for Madhya Pradesh Tourism
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
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.