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Interesting 1-minute reads to keep you updated on industry-wide happening!
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Digital Transformation Propels HUL as Consumers Spend Over 50% of Time Online
HUL’s CEO, Rohit Jawa, revealed that the average Indian consumer is allocating more than half of their time to digital media, showcasing the growing influence of e-commerce and digital platforms. In response, HUL has appointed its first chief digital…
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Challenges Ahead for RIL’s O2C Division Despite Overall Profit Growth
Reliance Industries Ltd (RIL) recently disclosed a 9.3% YoY increase in its consolidated net profit for Q3 2023, displaying robust performance in its retail and telecom sectors. However, the spotlight falls on the oil-to-chemicals (O2C) division, which is expected…
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Jio Platforms’ Resilient Growth in Q3FY24
In the third quarter of FY24, Jio Platforms Ltd (JPL) exhibited notable financial strength, reporting an 11.6% YoY increase in net profit, totaling ₹5,445 crore. This accomplishment is situated within a broader narrative of sustained growth for Jio Platforms,…