Month: December 2024

Raymond Lifestyle names Gautam Hari Singhania as Executive Chairman

Gautam Hari Singhania is a commerce graduate from the University of Mumbai. With over three decades of experience in the field of Industry, Business and Corporate Management, he has been at the helm of the affairs and operations of the company along with the Board of Directors.

Gautam Hari Singhania took over the reins of Raymond Limited as the Chairman & Managing Director in September 1990.

RAI opposes proposed GST rate hike on apparel, cosmetics

Indian Sellers Collective has identified five immediate fall-outs which will hurt the business environment.

The Retailers Association of India (RAI) said that a steep GST hike could make formal businesses less competitive, pushing smaller players and traders towards parallel and unorganised markets

Hyundai to hike car prices from Jan 1

The price hike will be done across all MY25 models, such as Tuscon and i30 Sedan, up to Rs 25,000 from next year

According to Hyundai Motor India Limited, the price hike will be done across all MY25 models, such as Tuscon and i30 Sedan, up to Rs 25,000 from next year.

93% Gen Z fans consume sports via a digital channel: Deloitte-Google Report

Gen Z spends more time per week on sports content than any other generation, with 34% reporting increased engagement over the last two years, according to the report.

46% Gen Z fans engage frequently with sports during the off-season, compared to a significant drop among Millennials and Gen X that comprise 40% and 37%, respectively.

Mahindra & Mahindra in talks with IndiGo to resolve trademark dispute over ‘6e’

IndiGo, which uses "6e" as its airline designator code, has filed a lawsuit against M&M, alleging trademark infringement and seeking relief from the court's intellectual property division.

Automaker Mahindra claims its ‘BE 6e’ electric SUV branding differs fundamentally from IndiGo’s ‘6E’ airline designator, aiming to eliminate confusion.

OMG’s Fuse launches in India; Jigar Rambhia to lead the global sport and entertainment agency

Rambhia added: “The momentum in sports in India is at an exciting juncture and we’re fully equipped to capitalise on this to drive effective partnerships for brands. Sport has increasingly become a vital part of India's cultural fabric, and with Fuse, we are strategically positioned to help brands harness the power of this medium to drive deeper connections with audiences across the market.”

Jigar Rambhia previously held the position of Chief Operating Officer of Sporjo – a sports industry consultancy. Prior to this, he spent 16 years at Wavemaker and worked across agencies including TME (Rediffusion Y&R) and Madison Communications.

Delhi High Court blocks Spread Home from using Louis Vuitton trademarks on home goods

In response to Louis Vuitton's lawsuit, Spread Home argued that, while they may have previously sold products with the flower monogram, they had discontinued these items some time ago.

Louis Vuitton emphasized that these monogram flower marks are a crucial part of their product identity. They expressed concern that Spread Home’s use of these marks could mislead consumers into believing there is an association between the two companies.