Brand Makers – Page 11

‘Man who launched Shobhaa De’s career’: Nari Hira, Stardust founder, passes away at 86

Nari Hira was born in Karachi in 1938, and his family moved to Bombay in 1947. He started his career in journalism in the 1960s.

A ‘genius of India publishing’ Nari Hira established Magna which published Stardust, Savvy, Showtime, Society and Health.

Bikaji Foods acquires 55% stake in Ariba Foods for Rs 60.49 crore

Bikaji aims to set up a House of Brands to cater to unique customer tastes and preferences and establish Bikaji as a key player in the Quick Service Restaurant (QSR) domain

Ariba Foods is engaged in the business of manufacturing and selling snacks under the brand name ‘InDine’. Incorporated in October 2012, Ariba Foods reported an increase of 58% in profit to Rs 46 lakh in FY23

Nestle appoints Laurent Freixe as global CEO, replacing Mark Schneider

Laurent Freixe, whose appointment will take effect on September 1, has been with Nestlé since 1986

Mark Schneider has resigned as CEO of Nestlé, with company veteran Laurent Freixe set to take over the role at the Swiss food giant.

Former Mamaearth VP of marketing Vidushi Goyal takes helm as Swiss Beauty CMO

Swiss Beauty onboards Vidushi Goyal

Before joining Swiss Beauty, Goyal served as Vice President of Marketing at Mamaearth (Honasa), where she led the marketing efforts for the personal care and babycare portfolio

ONDC to have all metro services on board soon: Thampy Koshy

Thampy Koshy, MD&CEO, ONDC at the Fifth Edition of The Nudge/Institute Flagship Livelihoods Summit Charch’24 held in Delhi

‘We are talking to every metro to become ONDC participants. Some of the talks are in advanced stage,’ CEO Thampy Koshy said

Honda overtakes Hero MotoCorp in domestic wholesale segment

Hero MotoCorp registered more than 18.31 lakh wholesale despatches in the April-July period

As per the Siam data, Honda registered more than 18.53 lakh wholesale despatches in the April-July period, while Hero logged over 18.31 lakh units in the same period

Aakash CEO Deepak Mehrotra will get annual salary of Rs 5 crore: Report

Deepak Mehrotra, MD and CEO at Aakash Educational Services Limited (AESL)

Deepak Mehrotra who was appointed as the Managing Director (MD) and Chief Executive Officer (CEO) of Aakash in April this year will get a monthly salary of Rs 41.66 lakh

BBDO Worldwide names Nancy Reyes as global CEO; Andrew Robertson to become Chairman

Robertson and Reyes (Image credit: BBDO)

“I want to be clear. I have no plan to retire,” said BBDO Worldwide’s Andrew Robertson, as he moves to the Chairman role, making way for Nancy Reyes who will succeed him as President and CEO.

Starbucks new CEO gets historic pay package and remote-work option

Brian Niccol was previously CEO at Chipotle Mexican Grill and Taco Bell.

On August 13 Starbucks announced that Chipotle CEO Brian Niccol has been appointed chairman and CEO of the global coffee company. Niccol replaces Indian-origin Laxman Narasimhan who has stepped down as CEO effective immediately.

Exclusive: Major leadership rejig at Nestle India; Rajat Jain to get significant role within group

Rajat Jain, head of foods business and category head, Maggi.

Nestle India’s Rajat Jain to get leadership role within Nestle Group and Rupali Rattan to succeed as Foods Business head. Gopichandar Jagatheesan and Manav Sahni will get new portfolios.