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Month: January 2025
Good Glamm Group sees silent layoffs | Netflix boosts content spending | Pidilite Industries reports marginal rise in Q3 profit
Storyboard18 brings you top five news updates from the world of advertising, marketing and business of brands.
AWS strengthens Maharashtra’s digital future with $8.3 billion cloud investment
The investment is expected to significantly impact India’s economy, contributing $15.3 billion to the country’s GDP and supporting over 81,300 full-time jobs
Car price hike: Maruti Suzuki raises rates of 18 models, including Celerio, Jimny, Brezza
According to Maruti Suzuki, the ex-showroom prices for Celerio will increase upto Rs 32,500–the highest among all car models
ZEE Entertainment appoints Divya Karani as Independent Director
Karani has over four decades of extensive experience spearheading some of the largest advertising and media agencies across India, South Asia, UK and Asia Pacific.
Zee Entertainment’s ad spend jumps 36.8% in Q3 FY25, profit surges 180%
In the nine months of FY 25 (April-December), ZEEL’s operating revenue from advertising declined by 7 percent to Rs 2,753.6 crore compared with Rs 2,947.5 crore in the last fiscal due to the sluggish festive season.
Jewellery ad spend 2024: Print at 73%, Kalyan Jewellers takes 23%
The South Zone emerged as the leading region, accounting for 36% of the total print ad spend. A significant player in the radio advertising space, Malabar Group of Companies secured 8% of the total ad spend, as per the report.
Air India unveils AI-powered eZ booking for faster ticket reservations
The eZ Booking system is built on advanced “Agentic AI” technology, designed to function like a personal digital travel agent.
Nearly 50% Indians express concern over misuse of AI and its potential threats to economic security: Report
While 67% of Indians perceived the 2024 budget to have aligned with their needs, this number has been on a steady decline since 2022.
Indian PR industry grapples with 16% attrition rate, cites poor compensation, work culture
83 percent of the respondents said that poor compensation and benefits were the key reasons to exit PR consultancies, followed by lack of growth opportunities at 79 percent