March 2025 – Page 55 – storyboard18

McDonald’s International CMO Eugene Lee steps down

Eugene Lee began her career The SOULed OUT Group, where he was elevated to senior marketing executive. Then, his innings began at McDonald's in the same position.

Eugene Lee’s next move is unknown.

Bajaj Auto’s domestic two-wheeler sales dip 14% in February

Bajaj Auto sold 1,46,138 units of two-wheelers in the domestic market in Feb 2025

Bajaj Auto sold 1,46,138 units of two-wheelers in the domestic market last month in 2025 compared to 1,70,527 units in the same month last year.

Prada in talks to acquire Versace for €1.5 billion

The acquisition, expected to close in the second half of 2025 pending regulatory approvals, will see Prada take full ownership of the storied Italian fashion house.

During Prada’s recent fashion show in Milan, co-founder and controlling shareholder Miuccia Prada addressed the speculation, stating, “Everyone is looking.”

Akash Ambani: More than hours spent in office, quality of work matters

Additionally, Reliance Jio is setting up a 1GW capacity data centre in Jamnagar, which will play a crucial role in supporting India's AI growth.

Akash Ambani also shared insights into Reliance Jio’s advancements in artificial intelligence. He revealed that the company has built a team of over 1,000 data scientists, researchers, and engineers to drive its AI initiatives.

BigBasket aims for IPO in 2 years, targets business doubling by 2026: Report

BigBasket CEO Hari Menon said they are targeting to list the company on the stock exchange in the next two years

BigBasket CEO Hari Menon said that the grocery-delivery arm of Tata Sons is on a strong growth trajectory, aiming to double its business between March 2025 and 2026

Oyo founder Ritesh Agarwal reveals he still cleans hotel washrooms. Here’s why

Agarwal, who launched Oyo in 2012 and transformed it into a global hospitality chain with over 1 million rooms across 80 countries, was addressing a question about overcoming the fear of failure. (Image: GQ India)

Speaking at the second edition of the Mumbai Tech Week 2025, Ritesh Agarwal emphasizes humility in leadership and overcoming fear in entrepreneurship.

Schbang consolidates its holding structure as Harshil Karia and Sohil Karia secure complete ownership

Schbang’s growth is supported by an expanding and experienced leadership team.

Harshil Karia and Sohil Karia purchase the shares of Akshay Gurnani.

Only MeitY can regulate VPN app: TRAI informs DoT

The TRAI recommendations follow a request from the Department of Telecommunications (DoT) in January 2024, seeking revised recommendations on M2M communication policies, particularly related to spectrum, roaming, and service quality requirements.

Telecom Regulatory Authority of India (TRAI) has clarified to Department of Telecommunications (DoT) that the former is legally not authorised to give recommendations on regulating the VPNs.

The Indie Ad Revolution: ‘Item numbers’ to ‘pretainers’, what’s happening with indie ad shops?

Clients, creativity, talent and compensation – independent ad firms’ founders unpack what makes indies tick in today’s hyper-fragmented ad landscape and what gives independent agencies an edge over the big networks?

Karnataka HC ruled on service tax inclusion in entertainment tax on TV broadcast

The HC decision follows the hearing of three petitions against the non-regulation of deepfake technology in the country and the threat of its potential misuse.

The High Court determined that ‘amount received or receivable’ for entertainment tax purposes can not include the service tax component.