December 2024 – Page 41

Abbey Thomas to head VW Group’s Bentley as Country Head

Abbey Thomas will take charge in January, and will report to Jan Bures, executive director – sales, marketing and digital, at Skoda Auto Volkswagen India.

Perplexity AI expands publisher partnerships, offers ad revenue to media brands

Google currently dominates the browser market, with no major competitor managing to dent Chrome’s stronghold. Even Microsoft’s push with Edge and Bing AI failed to significantly shift the landscape.

The growing network includes partners from the UK, Japan, Spain, and Latin America, enhancing global reach and content diversity.

Adani Wilmar names Shrikant Kanhere as the Deputy CEO

Shrikant Kanhere will be mainly responsible for business development, investor relations and financial management while Sheth will continue to lead sourcing of raw materials, trading and manufacturing operations.

Shrikant Kanhere will assume this role in addition to his current profile as the chief financial officer (CFO) of the company.

After Hyundai announced price hike, now Maruti says it will increase car prices by 4%

Maruti Suzuki was the leading advertiser in print last year as well.

Every year in January, automakers hike prices.

Trademark victory for Metro Brands: Court orders injunction against infringing company

The case arose when Metro Brands Ltd. filed a lawsuit accusing Nice Shoes LLP of using the confusingly similar mark “DESIMOCHI” on their website, which sells various products, including footwear. Metro Brands argued that this use was likely to mislead consumers and damage the reputation of its long-established “Mochi” brand, which has been recognized in India since 1977. (Image Source: Mochi Shoes)

In its ruling, the Court emphasized that the addition of the prefix “DESI” to “Mochi” did not eliminate the confusion between the two marks. The Court granted Metro Brands an interim injunction, restraining Nice Shoes from using “DESIMOCHI” and ordering the transfer of the domain “www.desimochi.com” to Metro Brands.

Tourism Ministry announces key strategy for MICE industry; market valued at Rs. 37,576 Crore

India's outbound MICE market is one of the fastest-growing globally, reinforcing the country's potential as a leading player in the international MICE industry

International MICE events account for approximately 22 percent of the market share, and 65 percent of the events are Business to Business (B2B) in nature.

Myntra rolls out M-Now to join qcomm bandwagon for fashion deliveries in Bengaluru

Myntra has turned profitable 10 years after Flipkart bought the company in 2014

Unlike many quick commerce companies that impose additional convenience fees for faster deliveries, Myntra has stated that it will not charge customers extra for M-Now orders at this stage.

OpenAI unveils $200 ChatGPT Pro subscription for engineers and researchers

ChatGPT app witnessed a 28% month-on-month rise in downloads in March 2025

ChatGPT Pro will provide users with access to OpenAI’s most advanced tools, offering unlimited use of its cutting-edge reasoning model o1, o1 mini, GPT-4o, and enhanced voice capabilities.

Nykaa Fashion CEO Nihir Parikh steps down

Nihir Parikh joined Nykaa as a chief strategy officer, and here, he supported Nykaa’s Series B funding of $9.5M in Oct 2015, guided product and tech till June 2016 and supported HR till Nov 2017.

Nihir Parikh joined Nykaa as a chief strategy officer.