Meta Platforms Inc. faces a pivotal leadership change as Joelle Pineau, the vice president of its Fundamental AI Research group, announces her departure from the company.
Cheil SWA appoints Jitender Dabas as CEO of Cheil X
Jitender Dabas will additionally assume the duties of group CSO for Cheil SWA.
REA India CEO Dhruv Agarwala to step down
Agarwala will remain with the business to support the appointment of his successor and ensure a smooth leadership transition before departing. As per the company, a comprehensive process to appoint a new CEO is underway.
Brands that prioritize social impact grow 37% faster in revenue, reveals study
The study surveyed 7,000 consumers and 230 brand leaders, senior marketers, and investors of blue-chip organisations from the UK, US, South America, Europe, the Middle East and Asia to gauge expectations and perceptions of brands.
Unilever acquires personal care brand Wild
Launched in the UK in 2020, Wild is a digitally native brand which has built a consumer base through its direct-to-consumer and retail model, stated the company in its statement.
Schbang MMaximise co-founder Masoom Minawala steps down
Schbang’s founder and CEO, Harshil Karia, expressed his gratitude for Minawala’s contributions, highlighting how she helped turn MMaximise into a profitable and impactful platform.
Dabur sees flat Revenue in Q4 amid inflation and weak consumer demand; shares drop 6%
On the international front, Dabur’s key markets in the MENA region, Egypt, and Bangladesh posted strong performances, contributing to robust double-digit growth in constant currency terms.
Ola, Uber, Rapido bike taxi services halted by Karnataka High Court
Rapido, which started in Karnataka, voiced concerns over the impact on its riders and captains.
Hero MotoCorp records 5.9 million sales in FY’25; expands EV and global footprint
On the global front, Hero MotoCorp sold 287,429 units in FY’25, reflecting a 43% growth over the previous fiscal year.
ChatGPT data stored outside India, copyright act does not apply in ANI case: OpenAI to Delhi HC
OpenAI tells Delhi High Court that its Large Language Model (LLM) training occurs outside India, arguing it is not liable for copyright infringement under Indian law.