July 2023 – Page 7 – storyboard18

Meta inks MoU with Indian govt to partner on AI, emerging technologies

India’s official AI programme and Meta may also consider establishing a Centre of Excellence to nurture the AI startup ecosystem in the country.

India is open to Chinese investments: Rajeev Chandrasekhar

This was followed by similar questions on former American president Donald Trump and President of Ukraine Volodymyr Zelenskyy.

In 2020, over 300 Chinese apps were ban and several electronics companies including Xiaomi, Vivo and Oppo experienced stringent interrogations for their operations in India.

Elon Musk’s X Corp offers discounted ad rates to lure brands

In a recent shift, X agreed to comply with some of Brazil's demands by blocking the contentious accounts, paying the fines, and appointing a legal representative within the country.

X is offering discounted ad rates on video ads which appear next to a list of popular topics in the Explore tab.

India’s largest paint manufacturer is gearing up for a colourful festive season

Grasim had previously committed an investment of Rs.10,000 crore towards setting up the paints business. (Image sourced from Moneyconrol)

A delayed festive season due to Adhik Maas, is generally considered better for paint companies, as the window to paint before festive season is longer.

Marico to acquire 58% in plant-based nutrition brand ‘The Plant Fix- Plix’

Talking about Punit Goenka’s role in the new company, the order had said, “That very role in ZEEL is under question and therefore, till the final outcome of the proceedings in the instant matter, it would be appropriate that he is not part of the management of ZEEL or any corporate avatar of it.”

Marico will acquire the remaining stake of 25.25 percent on a fully diluted basis in tranches by May 2025. Currently available as a D2C brand and on third-party e-commerce marketplaces, it plans to ramp up its offline presence over the next few years.

Yardley’s Manish Vyas: If a celebrity is well-known, the brand can spend less on media

Manish Vyas, senior vice president and business head, Yardley India and Thailand highlighted, "The big trend that is happening is consumers moving from unbranded to branded. We are working on the strategy of how to convert from ‘U’ (Unbranded) to ‘Y’ (Yardley)."

Manish Vyas, senior vice president and business head, Yardley India and Thailand threw light on the brand’s successful markets in India, the two different sets of consumers it caters to, his take on Generative AI, and more.

Coca-Cola Q2 Earnings: India emerged as key growth driver in APAC region

Each bench is created from approx. 50 kgs of recycled plastic waste. These eco-friendly benches have been installed in schools, colleges, public parks, and municipal corporation offices across 10 cities in India, including Delhi, Mumbai, Kolkata, Chennai, Bangalore, Hyderabad, Ahmedabad, Pune, Dharamshala, and Lucknow. (Representative Image: Soheb Zaidi via Unsplash)

Developing and emerging markets remained even, with growth in India and Brazil offset by the suspension of business in Russia in 2022 and a decline in Pakistan.

Month: July 2023