January 2024 – Page 5

IKEA launches ecommerce deliveries across 62 districts in Maharashtra, Karnataka, Telangana, and Andhra Pradesh

Currently, 72 percent of customer orders in existing markets are fulfilled via Electrical Vehicles. With this expansion, IKEA aims to build further capacities in its supply chain, making it more sustainable.(Representative Image: Zheka Kapusta via Unsplash)

The expansion comes into play as IKEA continues to see demand and visits from thousands of customers hailing from nearby cities and towns to shop from the IKEA stores.

Gillette India records sales worth Rs 639 crore

The company has announced an interim dividend of Rs 85 per equity share for the financial year 2023-24. (Image source: Moneycontrol)

The company reported Profit After Tax (PAT) at Rs 104 crores, up 40 percent vs year ago largely driven by productivity interventions, product price-mix and moderating cost inflation.

Never feign demise of your brand: Harish Bijoor on Fever FM’s fake announcement

Behind the glossy facade, the advertising industry seems to be built on disrespect and delayed payments.

We also explore the legal implications of HT Media-owned Fever FM’s fake announcement.

Layoffs: Dentsu cuts 60 jobs across UK

The report surveyed 30,000 people across 26 countries, examining the long-term trends shaping the future of technology, culture, consumers, and brands on the pathway to 2035. (Image source: Moneycontrol)

The layoffs are part of Dentsu’s restructuring strategy to serve clients better.

FICCI Media & Entertainment Committee appoints Arjun Nohwar as co-chair

Arjun Nohwar began his career at Tata Motors and went on to work across Tata Housing and Development, Tata Trusts, Tata Capital, Tata Teleservices, Planning Commission, Tata Administrative Services, Tata Sons and Uber.

Arjun Nohwar is the country general manager – India and South Asia at Warner Bros Discovery.

NCLT grants hearing to shareholders’ appeal on Zee-Sony merger

The companies will also withdraw the respective Composite Schemes of Arrangement from the NCLT and inform the relevant regulatory authorities.

The hearing for the case is scheduled for March 12.

Perfetti Van Melle’s MD Rajesh Ramakrishnan quits the confectionery company

Ramakrishan was at Perfetti Van Melle India for 6 years.

Storyboard18 can confirm that Rajesh Ramakrishnan has quit Perfetti Van Melle as managing director.

Philips India introduces TVC on hair straightener with no heat damage with Alia Bhatt

A still from the ad

Philips India has introduced the country’s first hair straightener designed to style with no heat damage – the Philips Hair Straightener with NourishCare Technology. This straightener boasts of specially designed serum strips infused with hair nourishing ingredients, Vitamin E and Moroccan Argan oil along with Kerashine care that help style and nourish hair while protecting… Continue reading Philips India introduces TVC on hair straightener with no heat damage with Alia Bhatt

Budget 2024: FMCG majors Parle, Godrej and Adani Wilmar share budget expectations

Mondelez and Procter & Gamble (P&G) invested Rs 2000 crore and Rs 4000 crore, respectively, in new plants, and these will be operational in the next few years.

FMCG giants Godrej, Adani Wilmar and Parle, and audio D2C brand Noise, talk about the need for a robust regulatory framework for development of healthier product offerings, the agricultural sector, fostering homegrown brands and more.