November 2024 – Page 25 – storyboard18

Mamaearth-parent firm Honasa Consumer reports loss of Rs 18.57 crore, sales down 7%

Ghazal Alagh publicly accused Lakmé and HUL of copying not only Mamaearth’s sunscreen but also other products, including its vitamin C face wash and onion shampoo.

Honasa Consumer’s total income stood at Rs 481.84 crore in Q2 FY 25- down 4,24 percent. The company’s expenses were up by 9.1 percent to Rs 506.21 crore in the same period.

Disney Earnings Q4 2024: “Well positioned for growth and optimistic about our future,” says CEO Bob Iger

“This was a pivotal and successful year for The Walt Disney Company, and thanks to the significant progress we’ve made, we have emerged from a period of considerable challenges and disruption…” said Robert A. Iger, Chief Executive Officer, The Walt Disney Company.

Hyundai Motor appoints Jose Munoz as its first foreign CEO

Prior to Hyundai, Jose Munoz spent 15 years at Nissan Motor Co., including a role as chairman of its China operations. (Image source: LinkedIn)

Starting January 1, 2025, Munoz will take over as CEO, with Jaehoon Chang stepping into the role of vice-chairman of Hyundai’s automotive division.

India ranks 51 in digital competitiveness; major challenge being AI’s threat to employment

The report explores four key areas to provide a comprehensive overview of AI's evolving role in the advertising landscape

Singapore was first in this year’s rankings while Switzerland and Denmark were at second and third position, respectively.

TRAI extends deadline to receive comments on ‘regulatory framework for ground-based broadcasters’

One of TRAI's primary objectives is to create a fair and equitable environment for all stakeholders in the telecom sector, and audits help ensure that all players are operating under the same rules and regulations.

Stakeholders sought extension of time for sending comments on consultation paper ‘Regulatory framework for Ground-based Broadcasters’. Last date for submission of written comments is November 22 and counter comments by December 6.

MAST & MEH: Swiggy, Mentos, Siyaram’s, Apple, Campus Activewear, and more

This week’s hits and misses: Unmissable ads vs. the ones we’d happily skip!

Find out who made the cut and who got cut in Storyboard18’s weekly picks of the best and boring ads.

Mercedes-Benz India CEO pushes for auto export boost, advocates ‘Make for the World’ policy

Santosh Iyer, Mercedes-Benz India CEO

Mercedes-Benz India CEO Santosh Iyer suggested a policy that focuses not just on “Make for India” but “Make for the world” as well

Slowdown in urban is temporary, just the way rural was: HUL CEO Rohit Jawa

‘We will continue to build products that upgrade the quality of life and the price and value that suits the Indian pocket,’ HUL CEO Rohit Jawa said.

Union Govt has not worked even handedly with states on gaming sector: TN IT Minister

Tamil Nadu was the first state to actually pass a bill banning real money gaming. (In picture: IT Minister of Tamil Nadu, Dr. Palanivel Thiagarajan)

During an event in Hyderabad, IT Minister of Tamil Nadu, Dr. Palanivel Thiagarajan told Storyboard18 that gaming-specific policies and decisions should be apolitical. He also shared of working on the modified policy for real money gaming ban.

EU fines Meta €797.72 million over abusive practices benefitting Facebook Marketplace

The Commission’s investigation found that Meta is dominant in the market for personal social networks, which is at least European Economic Area (‘EEA’) wide, as well as in the national markets for online display advertising on social media.