Brands
Wavemaker India presents Earned Equity report – IPL 2023 edition
Mumbai: Wavemaker MESH – real time data intelligence solution today released the eight edition of Earned Equity report that reads real time environmental signals on IPL 2023. The report analyses how the audience perception of IPL has evolved over the years. It focuses on the digital audience and uses data points like consumption data around digital content and social and search insights.
The report records the social conversations around IPL 2023 based on multiple data points collated to create meaningful and actionable insights. This season report has data sources from multiple consumer touchpoints across digital ecosystem ranging from social listening, video analytics in partnership with Intuition Intelligence Inc. (viral analytics & insights partner), Tubular Labs, CrowdTangle, user generated content with logo recognition and interaction data points collected from Facebook, Twitter, Instagram, and YouTube.
Commenting on the report, Wavemaker CEO – South Asia Ajay Gupte said, “I am extremely pleased to introduce the highly anticipated 8th edition of the ground-breaking Earned Equity report, meticulously crafted by our in-house MESH team. In today’s competitive landscape, brands cannot afford to overlook the power of social conversations. I believe, the earned equity report can serve as a valuable resource for brands, offering them the insights they need to navigate the ever-changing social media landscape and reach new heights in terms of audience engagement and brand awareness. This report is a reflection of our commitment to staying ahead of the curve, leveraging the power of data analysis and cutting-edge technologies to provide our clients with unparalleled insights and guidance”.
Key highlights of the report:
- IPL 2023 edition generated even more interest, interactions & video views when compared to the previous season leading to a 39 per cent increase in overall buzz. The tournament featured two months of captivating engagements, including iconic matches and moments that significantly elevated its popularity.
- The buzz score for IPL 2023 season 16 reached an impressive 484 million, surpassing the 334 million in IPL 2022. The primary reason for this surge was the emergence of several new players who showcased their talents, delivering match-winning performances and leaving a lasting impact.
- IPL continues to gain popularity on a global scale as well, ranking as the second most popular sports event after the English Premier League. It surpasses other major sports events such as NFL, NBA, Major League Baseball, and T20 Cricket World Cup. The report suggests that IPL is expected to surpass EPL and become the most popular sporting event worldwide.
- The consumption of video content related to IPL 2023 has seen significant growth, almost 2.5 times more than the previous period. The rise in video consumption reflects the increasing engagement and interest of fans across the globe
- This year, according to Wavemaker MESH Earned Equity Report on IPL 2023 season, Chennai Super King and Royal Challenger Bangalore continue to be the conversation driver teams with Gujarat Titans climbing the popularity spot rapidly
- One of the hallmarks of IPL is its unpredictability. The IPL finals kept fans on the edge of their seats, where Ravindra Jadeja played a match-winning inning, making it one of the most iconic/talked about matches in IPL history ever and creating a rollercoaster ride of emotions throughout the match. This match generated six times more conversations than the most conversed match during the league stage
- While the IPL showcases established superstars, it also serves as a platform for young and emerging talent to shine. The league has been instrumental in unearthing hidden gems, providing a launchpad for promising cricketers to showcase their skills on a grand stage. Fans eagerly await the emergence of new heroes who can make a lasting impact on the game and capture their hearts with their electrifying performances. To capture the impact of young blood, Wavemaker MESH introduced a ‘Disruptive XI’ leader board to recognize emerging talent, with players like Rinku Singh and Yashaswi Jaiswal standing out as the ‘hottest property’ of IPL 2023.
- Amongst Wavemaker MESH XI Player leader board, King Kohli continued to be the most popular sports figure in this IPL season. This year, we also saw the emergence of rising stars like Shubman Gill, Vishnu Vinod, and Rinku Singh, who quickly gained popularity during the tournament because of their nail-biting performances.
- This year Wavemaker MESH has launched a new measurement currency – Most Visible Principal Sponsor on any digital asset around IPL using technology like image recognition. According to the report, Jio emerged as most visible Principal Sponsor followed by Gulf, Slice and Happilo. Team Principal Sponsors, Jio led the leader board since it had partnered with 4 teams, followed by Gulf Oil’s ‘Gulf Fan Academy’ campaign for Chennai Super King which received significant engagement from the audience, Slice for Mumbai Indians, and Happilo for Royal Challenger Bangalore.
- IPL has been associated with the super bowl of India and is the time of the year when advertisers create engaging ads to make an impact with the audience. According to our technology partner Intuition Intelligence (Viral analytics and Insights provider), Jio Cinema created the top four most viral video ads during IPL 2023, securing the top spot. Their collaboration with Sachin Tendulkar played a crucial role in creating engaging and widely shared content. Garnier Facewash Rap and Qatar Airways #PlayBold followed on the viral video content leader board.
- According to Wavemaker MESH The Earned Media Equity for IPL 2023 reached Rs 3,738 crores, with sponsor Earned Media valued at Rs 871 crores. Tata, as the title partner, held the highest valuation, followed by Jio Cinema, Gulf, and Star Sports.
- The earned media valuation of teams stands at Rs 2,867 crores with Chennai Super Kings with the highest Earned Media Value, followed by Royal Challengers Bangalore and Mumbai Indians. Chennai Super Kings’ popularity, backed by their association with MS Dhoni, contributed to their significant valuation, which was twice that of Royal Challengers Bangalore.
These highlights from the report illustrate the increased buzz, player performances, global appeal, sponsorships, and media value associated with IPL 2023, making it an exciting and impactful event for cricket enthusiasts.
Brands
Netflix India names Rekha Rane director of films and series marketing
Streaming giant bets on a seasoned marketer who helped build Amazon and Netflix into household names
MUMBAI: Netflix has put a proven brand builder at the helm of its films and series marketing in India, naming Rekha Rane as director in a move that signals sharper focus on audience growth and cultural cut-through in one of its most hotly contested markets.
Rane steps into the role after seven years at Netflix, where she has quietly shaped how the platform sells stories to India. Her latest promotion, effective February 2026, crowns a run that spans brand, slate and product marketing across originals, licensed content and new verticals such as games.
A strategic marketing and communications professional with roughly 15 years’ experience, Rane has spent much of her career building technology-led consumer businesses and new categories, notably e-commerce and subscription video on demand. She was part of the early push that introduced Amazon.in, Prime Video and Netflix to Indian homes, then helped turn them into everyday brands.
At Netflix, she most recently served as head of brand and slate marketing for India from March 2024 to February 2026, leading teams across media and marketing for global and local content portfolios. Before that, as manager for original films and series marketing, she led IP creation and go-to-market strategy for titles including Guns and Gulaabs, Kaala Paani, The Railway Men* and The Great Indian Kapil Show, spanning both binge and weekly-release formats.
Her earlier Netflix roles covered product discovery and promotion in India and integrated campaign strategy to drive conversations around the content slate, product awareness and brand-equity metrics.
Before Netflix, Rane logged more than three years at Amazon in brand marketing roles in Bengaluru. There she handled national and regional campaigns for Amazon.in, worked on customer assistance programmes in growth geographies and contributed to the go-to-market strategy for the launch of Prime Video India.
Her career began well away from streaming. At Reliance Brands in Mumbai, she worked on retail marketing for Diesel and Superdry. A stint at Leo Burnett saw her work on primary research for P&G Tide, mapping Indian shoppers’ paths to purchase. Earlier still, at Orange in the United Kingdom, she rose from sales assistant to store manager, running a team and owning monthly P&L for a retail outlet.
The arc is telling. As global streamers fight for attention in a crowded Indian market, executives who understand both mass retail behaviour and digital habit-building are prized. Rane’s career sits at that intersection.
For Netflix, the bet is simple: in a market spoilt for choice, sharp marketing can still tilt the screen. And with Rane now leading the charge, the streamer is signalling it wants not just viewers, but fandom.
Brands
Orient Beverages pops the fizz with steady Q3 gains and rising profits
Kolkata-based beverage maker reports stronger revenues and profits for December quarter.
MUMBAI: A fizzy quarter with a steady aftertaste that’s how Orient Beverages Limited, the company that manufactures and distributes packaged drinking water under the brand name Bisleri closed the December 2025 period, as the Kolkata-based drinks maker reported improved revenues and a healthy rise in profits, signalling operational stability in a competitive beverage market.
For the quarter ended December 31, 2025, Orient Beverages posted standalone revenue from operations of Rs 39.98 crore, up from Rs 36.42 crore in the previous quarter and Rs 33.53 crore in the same quarter last year. Total income for the quarter stood at Rs 42.24 crore, reflecting consistent demand and stable pricing across its beverage portfolio.
Profit before tax for the quarter came in at Rs 3.47 crore, a sharp improvement from Rs 1.31 crore in the September quarter and Rs 0.39 crore a year ago. After accounting for tax expenses of Rs 0.79 crore, the company reported a net profit of Rs 2.68 crore, nearly three times the Rs 0.99 crore recorded in the preceding quarter.
On a nine-month basis, the momentum remained intact. Revenue from operations for the period ended December 31, 2025 rose to Rs 117.66 crore, compared with Rs 106.95 crore in the corresponding period last year. Net profit for the nine months climbed to Rs 5.51 crore, more than double the Rs 2.18 crore reported in the same period of the previous financial year.
The consolidated numbers told a similar story. For the December quarter, consolidated revenue from operations stood at Rs 45.06 crore, while profit after tax came in at Rs 2.06 crore. For the nine-month period, consolidated revenue touched Rs 133.57 crore, with net profit of Rs 4.49 crore, underscoring the group’s improving profitability trajectory.
Operating expenses remained largely controlled, with cost of materials, employee benefits and other expenses broadly aligned with revenue growth. The company continued to operate within a single reportable segment beverages simplifying its cost structure and reporting framework.
The unaudited financial results were reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on 7 February 2026. Statutory auditors carried out a limited review and reported no material misstatements in the results.
In a market where margins are often squeezed by input costs and competition, Orient Beverages’ latest numbers suggest the company has found a reliable rhythm not explosive, but steady enough to keep the fizz alive.
Brands
BCCL profit jumps 53 per cent in FY25 as tax bill shrinks
Revenue rises 4.3 per cent to Rs 10,209.33 crore while deferred tax gain lifts bottom line sharply
NEW DELHI: Bennett, Coleman and Company (BCCL) has posted a sparkling set of financial results for the year ended 31 March 2025, proving that there is still plenty of ink and gold left in the ledger.
Revenue from operations climbed a steady 4.3 per cent, reaching Rs 10,209.33 crore compared to Rs 9,786.44 crore the previous year. When you sprinkle in other income, which rose 8.9 per cent to Rs 949.36 crore, the total income for the media behemoth hit a healthy Rs 11,158.69 crore.
While the income grew at a modest pace, the bottom line tells a far more dramatic story. The real headline is the 53 per cent surge in annual profit. How did they pull off such a feat? While Profit Before Tax (PBT) saw a gentle nudge upward of 2.7 per cent to Rs 1,610.00 crore, it was a vanishing act by the taxman that really did the trick.
Total tax expenses plummeted by 32.4 per cent, dropping from Rs 468.76 crore down to Rs 316.97 crore. This was largely thanks to a swing in deferred tax, moving from an expense of Rs 156.02 crore in FY24 to a benefit of Rs 39.44 crore this year.
Total income rose from Rs 10,658.55 crore in FY24 to Rs 11,158.69 crore in FY25, marking a 4.7 per cent increase. Total expenses grew at a slower pace, up 3.0 per cent from Rs 9,306.06 crore to Rs 9,581.45 crore. Profit before tax inched up 2.7 per cent, moving from Rs 1,567.02 crore to Rs 1,610.00 crore. However, the standout figure was net profit, which jumped sharply by 53.0 per cent, climbing from Rs 1,042.03 crore in FY24 to Rs 1,594.73 crore in FY25.
Despite the rising costs of doing business across the globe, BCCL kept a tight grip on the purse strings. Total expenses rose by just 3.0 per cent to Rs 9,581.45 crore. By keeping costs lower than the rate of income growth, the company ensured that the final figure, a net profit of Rs 1,594.73 crore, was nothing short of a front-page sensation.
In a world of shifting digital tides, it seems the BCCL ship is not just steady, but sailing into significantly wealthier waters.
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