Tata Communications’ standalone profit slipped by 27% on a standalone basis year-on-year, and 66.8% on a quarter-on-quarter basis
Category: Brand Marketing
Sourav Ganguly named Director of Cricket at JSW Sports
In his role, Sourav Ganguly will spearhead all cricketing properties owned by JSW Sports, including the Delhi Capitals Men’s IPL and Women’s WPL teams, and the Pretoria Capitals that plays in the SA20 League in South Africa.
Nestlé India sees 8.6% profit surge in Q2 FY25, names Manish Tiwary as incoming MD
Nestlé India has launched more than 145 new products contributing to approximately 7 percent of sales. The FMCG major also announced that eight more projects in the pipeline
Mamaearth ranks as the 3rd largest skincare brand in India, reports Euromonitor International
Home-grown D2C brand climbs beauty industry ranks as consumer demand for natural and toxin-free products grows.
Aditya Birla Digital Fashion raises stake to 32.8% in Virat Kohli-backed Wrogn brand
Aditya Birla Fashion Venture will now own 12,225 compulsory convertible preference shares (CCPS), constituting a 32.84% stake in WROGN.
Yamaha Motor to strengthen presence in India, eyes global hub status for overseas markets
Eishin Chihana, Chairman of Yamaha Motor India Group, about plans for next 10 years, said, “We have two missions. In Indian domestic market, we will continue to establish and increase our presence. On the other hand, we are aiming to become the global hub factory for the export to the overseas.”
Bikaji forays into QSR segment; invests Rs 131 cr to acquire stake in The Hazelnut Factory
The investment will be done in tranches and is expected to be completed in next two years.
Tips Music reports 21% YoY profit growth in Q2 FY25 amid strong digital ad surge
During the first half of the current fiscal year, Tips profit rose Rs 91.7 crore, registering a 37 percent increase year-on-year. In 1H FY2024, the music company reported a profit of Rs 66.8 crore
Temasek to acquire 20-25% stake in Rebel Foods for $200 million: Report
Rebel Foods is among the list of companies that are planning to launch an Initial Public Offering (IPO) in the next 12-18 months. It owns 11 cloud kitchen brands like Faasos, Behrouz Biryani, and Oven Story.
Gopal Snacks targets 15% growth in FY25, CFO eyes bright outlook for wafer biz
Gopal Snacks’ annual run rate from wafers is close to Rs 200 crore and expressed confidence that it would grow in the range of 25-30 percent year-on-year