January 27, 2022

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Ad spends surpassed 2019 levels in 2021: Report

Ad spends surpassed 2019 levels in 2021: Report

Fintech, ed-tech and e-retail brands were some of the fresh and significant spenders of 2021 Madison Media, an Indian marketing network, estimates that advertising expenditure in 2021 grew by 37% over 2020 and now stands at `74,231 crore. Despite the severe impact of the second wave of the Covid-19 pand...
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Jio reports 2% rise in profit; Arpu at Rs 152

Jio reports 2% rise in profit; Arpu at Rs 152

Jio’s voice volume growth, however, improved sequentially by 5.5% to 11,50,000 million minutes, after seeing a slowdown in the preceding quarter. Usage per customer at 901 minutes per month increased sharply by 7.3% against 840 minutes per month in Q2 FY22. Jio Platforms on Friday reported a 2% sequenti...
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Vodafone Idea Q3 loss widens to Rs 7,231 crore

Vodafone Idea Q3 loss widens to Rs 7,231 crore

Despite the tariff hike, its average revenue per user (ARPU) declined by about 5 per cent to Rs 115 Debt-ridden telecom operator Vodafone Idea on Friday reported widening of its consolidated loss to Rs 7,230.9 crore for the third quarter ended December 2021. The company had posted a loss of Rs 4,532.1 c...
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Bajaj Finserv posts 2.6% decline in profit in Q3

Bajaj Finserv posts 2.6% decline in profit in Q3

Gross written premium increased by 30% to Rs 4,079 crore. BALIC’s solvency ratio stood at 604% as on 31 December 2021. Bajaj Finserv on Thursday reported a 2.63% year-on-year drop in its consolidated net profit to Rs 1,256 crore in the October-December quarter. Its consolidated income during Q3FY22 incr...
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Continental Tires Appoints Samir Gupta As New MD

Continental Tires Appoints Samir Gupta As New MD

Continental Tires has appointed Samir Gupta as its new Managing Director for India. Samir has more than 30 years of experience in sales and marketing and has been associated with Continental Tires for almost a decade. Continental Tires has appointed Samir Gupta as its new Managing Director for India. Sa...
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No vaccine shortage in Maharashtra, says Centre

No vaccine shortage in Maharashtra, says Centre

Maharashtra also required another 50 lakh doses of Covishield vaccines, Tope had said. The central government on Friday denied that there was a vaccine shortage in Maharashtra, days after the state said it did not have enough doses. On Wednesday, Maharashtra health minister Rajesh Tope had said there wa...
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