Date-wise News

2006 — A fast-paced year for FMCGs

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Players in the FMCG markets acquired a new aggressive streak in 2006, as growth rates across categories surged and the scramble to grab a piece of the action intensified. Indian FMCG companies hotly pursued cross-border acquisitions in their search for new growth opportunities.

e4m Desk Dec 30, 2006 9:07 AM

King Khan may rule Lenovo out of KBC

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The Chinese are not happy with Shah Rukh Khan replacing the Big B on KBC show! However for the next season of the popular game show with Shah Rukh Khan, the Chinese PC major may not provide advertising support to KBC as its new anchor Shah Rukh Khan is a brand ambassador for rival PC maker Compaq.

e4m Desk Dec 30, 2006 9:06 AM

<b>Robert Lerwill</b>, CEO, Aegis Group Plc

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<p align=justify>One of the biggest things about Aegis is people don't want us to be bought by someone else, just as much as they want to buy us themselves. What really happened was Bollore (Vincent Bollore, Chairman, Havas) bought some stock - Publicis doesn't want Havas to get us, so they start talking to us - that becomes public. Sorrell (Martin Sorrell, CEO, WPP) then has a legitimate excuse to put his finger in it. He can't buy our media business because it's a conflict of interest, competition issues and because he is so bored with it and he has spent so much of money on each acquisition!

e4m Desk Dec 30, 2006 12:00 AM