Date-wise News

Yet another ad rate hike for Zee TV

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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.

Noor Fathima Warsia May 12, 2006 6:40 AM

<b>Thomas Kastgen</b>, Chairman, Leading Brands of the World

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<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.

e4m Desk May 12, 2006 12:00 AM