Storyboard18 brings you top five news updates from the world of advertising, marketing and business of brands.
Month: July 2024
HUL to sell water purification business Pureit to A.O. Smith for Rs 601 crore
The FY24 turnover of the water purification business, which is part of its overall home care arm, was recorded at Rs 293 crore– less than one percent of HUL’s turnover.
Symphony elevates Anuj Arora to global chief marketing officer and business head
Anuj Arora has taken additional responsibility of heading business for their new range of products in TT(Table top) range of products with end to end responsibility of sales, marketing and P&L.
Global smartphone market grows 6% in Q2 2024; Vivo tops sales chart in India
According to a Counterpoint Research report, globally, Samsung retained the top spot in terms of the total volume sold, Apple’s volume declined marginally year-on-year and Xiaomi grew the fastest among the top-five OEMs. Vivo took the top spot in the world’s two biggest smartphone markets – China and India.
LS Digital enters Australian market with a new office in Melbourne
The integrated digital business transformation company, LS Digital, aims to empower local businesses to achieve their business transformation goals, enhance customer experiences, and drive sustainable growth in the new market.
GenS’ Meenakshi Menon tackles ageism with an app for seniors
GenS founder Meenakshi Menon shares how the platform was born out of a desire to challenge the societal narrative that often restricts the lives of older adults.
Raymond among India’s top 10 strongest brands: Brand Finance
The report highlights Raymond’s growth among India Inc with 12 percent increase in brand value, reaching USD 305 million.
BluSmart completes pre-series B funding round; secures $24 mn in investment
The fundraise saw participation from new investors including responsAbility Investments AG (impact asset manager), Sumant Sinha (global leader in the Renewable Energy sector); MS Dhoni Family Office (Cricket icon and former Indian Captain).
DoT’s Robert Ravi takes charge as CMD at MTNL, Purwar denied extension
As Pravin Kumar Purwar’s tenure as the Chairman and Managing Director (CMD) of BSNL, MTNL, and BBNL ends on July 14 without an extension, Robert Jerard Ravi has been appointed as the new CMD for a six-month period.
Tata Group to retain all top positions of Air India post-merger with Vistara: Report
Air India is likely to absorb most of the Vistara employees but a few roles may become reductant as Air India has already filled up those roles