Date-wise News
Raj Jain may head Wal-Mart Asia
Mobile gaming cos bask in starshine
MSN India emphasises thrust on entertainment with online voting for IIFA Awards
TRAI seeks views on non-exclusively of content clause under Interconnection Regulation
Gautam Adhikari of SAB TV lines up new programmes for various channels
Preeti Vyas Giannetti on jury for inaugural Sri Lanka Ad Awards 2006
UTV all set to dish out three new shows for television screens
WorldSpace subscriber base grows 50 per cent in India
Sanjay Raina quits Times Now, headed for Astro Network as Business Head
“Loyalty programmes are often a better tool than advertising to retain customers”
Response bags ABP Group’s Bengali magazines’ creative duties
Downlinking deadline: 65 foreign channels interested to beam into India
A total of 65 foreign channels have formally applied to the government under the new Downlinking Policy, for permission to operate within India. The deadline for the same ended on May 10, 2006. This list includes six news and current affairs channels, five sports channels, and 54 entertainment channels.
Aaj Tak editorial exodus continues, but programme revamp pushes up channel ratings
Entry call for EMVIES goes out, last date May 23
David wins creative duties of Lux Hosiery, account pegged Rs 10 cr up
Yet another ad rate hike for Zee TV
Following the increase in rates that the Zee Network had induced across its channels in April 2006, further news on similar lines is coming from the Zee stable. Citing the consistent performance of the channel as the reason, the Network’s EVP Sales Joy Chakraborthy informed that Zee TV ad rates have been hiked further with immediate effect.
<b>Thomas Kastgen</b>, Chairman, Leading Brands of the World
<p align=justify>With a luxury boom in India, there are over one million luxury consumers, which is only a fraction of eight million plus consumers who have the disposable incomes but are unfamiliar with the luxury segment. The growth rate is 14.6 per cent. Target audience is 22-55 year olds. India’s luxury goods market of Rs 717 billion is set to expand with a new firm to facilitate process by bringing together buyers and manufacturers. India’s total retail market has been estimated at $160 billion or Rs 7,170 billion, covering eight million consumers. Of them, one million are considered to be in the luxury brands segment.