Homegrown health and wellness platform Healthify (formerly Healthifyme) has undergone another round of layoffs, impacting approximately 150 employees. This follows a similar headcount reduction in December 2023, where 150 positions were cut across various departments. The company has characterized the latest job cuts as a restructuring exercise. Sales and product teams appear to be most…
Amagi named Richard Perkett as its Chief Product Officer (CPO). Richard brings over 25 years of experience in product management, product marketing, engineering, and user experience (UX) to Amagi, with a proven track record of leading SaaS-centric product strategies across multiple industries. “We are excited to welcome Richard Perkett to Amagi as our new…
Hemant Bakshi, who served as the CEO of Ola Cabs, the ride-hailing platform of ANI Technologies, has resigned from his position after just four months. This decision coincides with reports of an imminent restructuring initiative within the company, which is anticipated to affect around 10% of the workforce, as per a Moneycontrol report. Bakshi’s resignation…
Juicy Chemistry, a certified organic personal care brand by ECOCERT, has entrusted its digital responsibilities to Social Beat, a renowned digital marketing agency recognized for its effective strategies and outcomes. Social Beat will spearhead initiatives aimed at enhancing brand visibility and consumer consideration across Juicy Chemistry’s diverse product range, employing a blend of creative, innovative,…
Godrej Electricals & Electronics, a business unit of Godrej & Boyce announces the acquisition of orders worth Rs. 1000 Cr plus in FY24 for their Power Infrastructure business. These orders predominantly entail both Air Insulated Switchgear (AIS) and Gas Insulated Switchgear (GIS) substations across India, with certain projects of up to 765kV capacity. Each of…
Provident Housing Limited, a wholly owned subsidiary of Puravankara Limited – one of India’s most trusted and admired real estate companies, announces a significant deal with HDFC Capital. The INR 1,150 crore investment marks a milestone in the company’s journey of growth and expansion. This strategic collaboration will add an additional 6.2 million square feet of new…
IndusInd Bank announced robust financial performance for both the quarter and year ended March 31, 2024. The bank’s profit for Q4 FY24 grew 15% year-on-year (YoY) to ₹2,349 crore, driven by healthy growth in Net Interest Income (NII) and core fees. Key Highlights: Profit: Net profit for Q4 FY24 at ₹2,349 crore, up 15% YoY….
Vedanta, a leading global diversified natural resources company, has reported remarkable financial results for the fourth quarter and full fiscal year 2023-24 (FY24). The company announced a Quarterly EBITDA of ₹ 8,969 crore, marking a 3% increase quarter-on-quarter (QoQ), with a robust EBITDA margin of approximately 30%, up by ~75 basis points. Additionally, there was…
Parle Agro, India’s leading beverage giant, has set out to captivate consumers with vibrant Out-of-Home (OOH) campaigns for its popular brands – Frooti, Appy Fizz and Smoodh. Designed to grab attention during the scorching summer months, the campaigns aim to maximize brand impact, reach and consideration across all corners of the country. Each brand’s campaign has its…
Deluxe has recently named Pandi Alagu Raja Mahamuni as its new Head of People & Culture, as confirmed by Mahamuni on LinkedIn. Expressing his excitement about the appointment, Mahamuni stated, “I am thrilled to announce that I have started a new position as Head – People & Culture in Deluxe. I am excited to join…
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