October 2024 – Page 28

EC focuses on curbing Deepfake content during Maharashtra polls

On Tuesday, the Election Commission (EC) announced the schedule for the Maharashtra and Jharkhand assembly elections, as well as by-elections for 47 Assembly seats and the Wayanad Lok Sabha seat.

The Maharashtra government reportedly spent Rs 900 crore on advertising and public relations to promote state welfare schemes.

Gopal Snacks targets 15% growth in FY25, CFO eyes bright outlook for wafer biz

Gopal Snacks' net profit rose 6.17% to Rs 28.89 crore in the quarter ended September 2024 as against Rs 27.21 crore during the previous quarter ended September 2023.

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

Union Minister Pralhad Joshi: Awareness about standards essential for empowering consumers

The minister announced the launch of the BIS Care App 3.0, designed to help users verify the authenticity of BIS-certified products and hallmarked jewelry. (Photo: PIB)

As the fifth largest economy globally, India must focus on enhancing standards, which serve as the foundation for safety, quality, and trust in products and services.

Hyundai Motor India accelerates in SUV market, eyes growth with IPO, EV expansion: COO Tarun Garg

Hyundai's SUVs accounted for 67 percent of the company's sales from January to September 2024.

Hyundai’s SUVs accounted for 67 percent of the company’s sales from January to September 2024

Meta to face lawsuit for social media addiction among teens

The investigation centers on a series of ad campaigns aimed at promoting Instagram, Meta's social media platform, to teenagers.

A federal judge in California allowed the states to sue Meta for social media addiction among teens.

Kotak Mahindra Bank appoints Unilever’s Jyoti Samajpati as Executive Vice President

Samajpati started as Planning Manager in 2004 for advertising agency Lowe Lintas.

Prior to this, Samajpati was associated with Unilever for over 17 years.

Corporate gifting booms: Brands shift toward personalization, sustainability, premium experiences

Corporate gifting has proven to be a powerful tool for strengthening relationships with clients, partners, and employees while also driving growth

Companies are strategically choosing gifts that align with their values and resonate with their audience, ensuring each gesture leaves a lasting impression

Gen Z: The $2 trillion force reshaping India’s consumer landscape

With a collective spending power currently at $860 billion, they account for an impressive 43% of India's total consumption. (Image source: zyanya-bmo via Unsplash) )

With 377 million individuals, Gen Z emerges as India’s largest generation, wielding significant purchasing power that demands attention from brands and marketers. A new report from Snap Inc. and Boston Consulting Group reveals insights into their spending behaviours and the transformative impact on the Indian economy.

Upgrad cofounder and MD Mayank Kumar steps down to launch new startup

Coinciding with Mayank Kumar's exit, Upgrad founder and chairman Ronnie Screwvala is stepping up his engagement at the company. (Left to Right: Mayank Kumar, Ronnie Screwvala)

Mayank Kumar’s exit marks a shift at Upgrad as Ronnie Screwvala takes charge, while the edtech unicorn eyes a $50-$60 million funding round at a $2.25 billion valuation.

The New York Times sends ‘cease-and-desist’ notice to AI startup Perplexity

Despite being "highly under monetized," the company has managed to grow at an extraordinary rate, recording a 6.3x year-over-year revenue increase.

The letter accuses Perplexity of copyright violations for using NYT content in AI-generated summaries, escalating concerns over the use of news material by AI companies.