Month: August 2023

Global ambitions for Reliance Retail-owned Campa Cola; Brand to enter more international markets

In the 1970s, Delhi-based Pure Drinks Group, which was considered a pioneer in the soft drinks industry, came up with a soft drink brand, Campa. It was the same group that had, in 1949, laid the carpet for Coca-Cola's entry into India and had been its manufacturer and distributor. But the journey of Coca-Cola was short-lived. (Image courtesy: Ashwini Deshpande)

At the 46th AGM of Reliance Industries, CMD Mukesh Ambani highlighted global ambitions for beverage brand Campa Cola.

Reliance AGM | JioCinema is shaping the future of entertainment consumption in India, says Mukesh Ambani

A seismic shift in content consumption patterns was evident as more individuals chose digital devices over linear television to experience the IPL. The IPL's final match captured the attention of over 12 crore people, peaking at a concurrency of 3.2 crore, firmly cementing its status as a globally watched digital spectacle. (Image source: Moneycontrol)

Reliance Industries’ chairman Mukesh Ambani said that the company’s media wing Network18 “made great progress in its journey to becoming the top news network in India”. He was speaking at 46th annual general meeting (AGM) of shareholders on Monday.

What did Mukesh Ambani say about Moneycontrol, firstpost & News18 brands?

Mukesh Ambani mentioned that Network18’s home-grown digital news platforms Moneycontrol and Firstpost are striving to set benchmark globally every single day.

Mukesh Ambani spoke about Reliance’s media business Network18’s growth and performance. He said that similar to the other companies under the Reliance umbrella, Network18 too has made great progress to become the top news network in India.

JioCinema has now become India’s largest digital entertainment destination: Mukesh Ambani

Commenting on the results, Mukesh Ambani, Chairman and MD, RIL said: “...All segments have posted a robust financial and operating performance. This has helped the Company achieve multiple milestones."

JioCinema will soon be launching more features like multi video, picture in picture and multilingual support for Indian languages.

Reliance AGM: Reliance Retail among the top 10 most-visited retailers in the world

This valuation is higher than the Rs 8.27 lakh crore valuation bestowed on Reliance Retail three weeks ago when Qatar’s sovereign investment fund QIA picked up a 0.99 stake in the company for Rs 8,278 crore. (Images sourced via Forbes India)

Marquee investors have shown interest in Reliance Retail, says Mukesh Ambani. Key updates from Reliance Industries’ 46th Annual General Meeting (AGM).

P&G India makes Mukta Maheshwari its CMO; Sharat Verma gets a new role

Prior to assuming her new role as the CMO and Fabric care category head, Maheshwari served as the vice president, Fabric Enhancers in the ASEAN region, based out of Singapore and was instrumental in delivering double digit top and bottom line for Downy in ASEAN.

Mukta Maheshwari is set to lead P&G’s marketing function in India effective September 1, 2023. Sharat Verma has been elevated as the senior vice president, Fabric Care for P&G India, Middle East, and Africa (IMEA) and will spearhead the efforts based out of Dubai.