Marico to acquire 58% in plant-based nutrition brand ‘The Plant Fix- Plix’

Talking about Punit Goenka’s role in the new company, the order had said, “That very role in ZEEL is under question and therefore, till the final outcome of the proceedings in the instant matter, it would be appropriate that he is not part of the management of ZEEL or any corporate avatar of it.”

Marico will acquire the remaining stake of 25.25 percent on a fully diluted basis in tranches by May 2025. Currently available as a D2C brand and on third-party e-commerce marketplaces, it plans to ramp up its offline presence over the next few years.

Yardley’s Manish Vyas: If a celebrity is well-known, the brand can spend less on media

Manish Vyas, senior vice president and business head, Yardley India and Thailand highlighted, "The big trend that is happening is consumers moving from unbranded to branded. We are working on the strategy of how to convert from ‘U’ (Unbranded) to ‘Y’ (Yardley)."

Manish Vyas, senior vice president and business head, Yardley India and Thailand threw light on the brand’s successful markets in India, the two different sets of consumers it caters to, his take on Generative AI, and more.

Coca-Cola Q2 Earnings: India emerged as key growth driver in APAC region

Each bench is created from approx. 50 kgs of recycled plastic waste. These eco-friendly benches have been installed in schools, colleges, public parks, and municipal corporation offices across 10 cities in India, including Delhi, Mumbai, Kolkata, Chennai, Bangalore, Hyderabad, Ahmedabad, Pune, Dharamshala, and Lucknow. (Representative Image: Soheb Zaidi via Unsplash)

Developing and emerging markets remained even, with growth in India and Brazil offset by the suspension of business in Russia in 2022 and a decline in Pakistan.

MIB urges private satellite TV Channels to fulfill public service broadcasting duties

The four-week rolling average was initially implemented upon the resumption of news genre ratings after a 17-month hiatus prompted by the alleged TRP scam (Representative Image: Jesus Loves Austin Via Unsplash)

The advisory, originally issued on 30.01.2023, aimed to guide broadcasters on content, accounting, reporting, and identification of PSB Obligations.

Myntra to cut 50 jobs as part of restructuring as it shifts focus on private labels strategy

The company has been increasing its play in the fashion and beauty space over the past one year, to take on competition from the likes of Reliance’s Ajio and Tata Cliq.(Image sourced from Moneycontrol)

The layoff round will impact roles across verticals. However, staff in the in-house brands vertical would be most affected, sources said.

G-SHOCK India ropes in Wieden & Kennedy India as its creative agency on record

Wieden+Kennedy is an independent global creative company with offices in Amsterdam, Delhi, London, Mexico, Mumbai, New York City, Portland, São Paulo, Shanghai, and Tokyo. (Representative Image: Nick Fewings via Unsplash)

In a press note, the brand stated that they picked Wieden & Kennedy as its creative partner because of their understanding of the Indian market, combined with their ability to craft compelling brand narratives.

Disney seeks alternatives to television business; merger best bet, say experts

According to Kritika Seth, founding partner at another full-service law firm, Victoriam Legalis, the Companies Act, 2013, Competition Act, 2002 and Foreign Investment Regulations, will determine the legal framework of any merger or sale related developments for Star India. (Image source: Moneycontrol)

The ongoing shift in consumer preferences towards digital streaming platforms and the rise of online content consumption have disrupted the traditional TV business model for Disney.