Business Of Brands

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• Dabur sees improvement in demand, rural growth in Q1

  Demand trends witnessed sequential improvement in the June quarter, with rural growth picking up, homegrown FMCG major Dabur said on Friday. The domestic business is expected to record mid-single-digit volume growth and its consolidated revenue is expected to register mid-to-high single-digit growth during Q1 FY25, said Dabur, which owns brands such as Dabur Chyawanprash, Dabur Honey, Dabur PudinHara, Dabur Lal Tail, Dabur Amla, Dabur Red Paste, Real and Vatika.

  

• Ola has exited Google Maps: Bhavish Aggarwal

  Bhavish Aggarwal, cofounder of Ola Cabs, said the company will now use its in-house navigation system, exiting Google Maps. This comes a month after Ola took its IT workload off Microsoft Azure. The ride-hailing company will add features, including street view, neural radiance fields, indoor images, 3D maps and drone maps to Ola Maps, Aggarwal said in a post on X.

  

• BWS 2024: A conversation between a CMO and a CEO

  At the 6th edition of Brand World Summit 2024, organised by ETBrandEquity.com, Sanjiv Mehta, executive chairman of L Catterton India and Sudhir Sitapati, managing director and chief executive officer of Godrej Consumer Products discussed the importance of embracing technology in marketing, highlighting the potential of new technologies to enhance marketing strategies.

  

• Shark Awards 2024: marketing sets a new gold standard

  Winners of the Shark Awards 2024 were announced on July 5. Nine winners were awarded under the 'Special Awards' category.

  

• Kalyan Jewellers reports 27% revenue growth in Q1 FY25

  Kalyan Jewellers on Friday reported a 27 per cent year-on-year increase in consolidated revenue for the first quarter of the financial year 2024-25, driven by strong performance in both Indian and Middle Eastern markets. The company had reported a consolidated net revenue of INR 4,376 crore in the first quarter (April-June) of the 2023-24 fiscal year.

  

• Tesla’s loss, not India: Ola's Bhavesh Aggarwal reacts to India-Elon Musk deal not moving forward

  Ola CEO Bhavesh Aggrawal labeled Tesla's India exit a loss for Elon Musk amid India’s growing EV sector. Rajesh Kumar Singh noted Tesla's silence post-election. Musk canceled his April India visit to meet PM Modi, opting for China.

  

• Brand World Summit 2024: The Future of Business Communication in the AI Era

  In the era of AI, business communication is undergoing a revolutionary transformation, powered by tools that are enhancing efficiency, personalisation, and customer engagement. At BWS 2024, organised by ETBrandEquity, Shivakumar Ganesan, Co-Founder and CEO, Exotel, shared actionable insights on leveraging AI to enhance enterprise-customer interactions and remain competitive.

  

• Airtel denies data breach of 375 mn users, says desperate attempt to spoil firm's reputation

  Bharti Airtel has denied claims of a massive data breach, which alleged that the data of 375 million Indian users was up for sale on the dark web, saying that "this is nothing short of a desperate attempt to tarnish Airtel's reputation by vested interests."

  

• After Apple, Google set to manufacture Pixel phones in India

  After Apple, Google is set to manufacture Pixel smartphones in India, with plans to export the devices to Europe and the US, media reports have said.

  

• Delhi HC directs removal of social media post that claimed centipede found in Amul ice cream tub

  In a post on social media platform 'X' on June 15, Deepa Devi had shared a picture purportedly showing a centipede inside her Amul ice cream tub that she ordered through an instant delivery app. The plaintiff company argued in high court that the claim was false and incorrect as it was absolutely impossible for any foreign substance, let alone an insect, to be present in an ice cream tub packed at its facility.

  

• Saks owner to buy luxury retailer Neiman Marcus in $2.65-billion deal

  Saks Fifth Avenue parent HBC will acquire department-store chain Neiman Marcus in a $2.65-billion deal. The deal comes with luxury retailers battling slowing demand as high interest rates and inflation force customers to crimp budgets. HBC said it will establish Saks Global, a combined entity of Saks Fifth Avenue, Neiman Marcus, and other luxury retail and real estate assets.