Given the large income disparities in the country, the only way a company can be truly successful is to address all the segments of the market and not restrict itself to a few consumer groups, according to Harish Manwani, non-executive chairman, Hindustan Lever.
General Motors India will introduce a "mini car", to be called the `Chevrolet Spark', in the first half of next year. The `B' Segment car will be "two generations ahead of the Matiz," and will be positioned alongside the Wagon R and Hyundai Santro and will be priced competitively.
From the famous Rani Mukherjee ‘kurtis’ in Bunty aur Babli, to the stylised bandanas in Salaam Namaste to the recent red mirchi pendant that Aamir wears in Fanaa and more will now be on sale in the market as Yash Raj Films (YRF), one of the biggest banners in Bollywood, launches its new division – Yash Raj Films Merchandise.
Noshe Oceanic has been continually adding new business to its kitty, the latest being the creative and media duties of Mumbai-based firm AAR ESS Floor Zone, which is set to enter the retail space soon.
He has retired from playing cricket in the field, but there is a lot more cricket left in Krishnamachari Srikkanth, once known for his swashbuckling shots. Srikkanth has launched a first of kind online cricket gaming site, www.krishcricket.com, which allows visitors to play cricket games for free.
Sangbad Pratidin, a leading Bengali daily, recently organised the second Sunfeast Telly Samman Awards 2006 in Kolkata. The main purpose behind organizing such an event is to give recognition to Bengali channels and their softwares .
After a year of becoming CEO of Zoom, Upen Roop Rai is moving on to head Integrated Marketing Solutions Group and Indiatimes as Director. The new man at the helm of Zoom is Suresh Bala, marking his return to India.
Close on the heels of the announcement of Vikram Raizada moving on from his responsibilities at MTV Networks’ marketing function, the media major has announced the appointment of Coca-Cola India’s Aditya Swamy as Vice-President, Marketing, for the Network.
Television Eighteen Group has posted a record net profit of Rs 21.91 crore in Q4, registering a whopping growth of 112 per cent on a year-on-year basis. In the same quarter of last financial year, its revenue saw 66 per cent growth at Rs 53.51 crore. The company has declared dividend of 25 per cent for its shareholders.
In an interesting turn of event, which may delay STAR’s DTH foray, STAR India has submitted an undertaking with the Telecom Disputes Settlement and Appellate Tribunal (TDSAT) that it won’t give its signals to any DTH operator (including its own Tata Sky DTH) in reply to Zee-owned ASC Enterprises’ plea that it might lose significant business in such a scenario.
After successfully running the test transmission from May 10-23, Lok Sabha TV will become a full-fledged 24-hour channel from the Monsoon Session of Parliament, which is expected to commence from the last week of July. During the test run, the channel was running from 10.30 am to 7 pm.
Oxygen Communications, Delhi has recently bagged a creative account of Reed Exhibitions, one of the leading international organisers of B2B and B2C exhibitions.
Hyderabad now has a new FM station to tune to – Radio City 106.4 FM. The station was launched with much fanfare by Telugu actor Nagarjuna on May 29, 2006. This is the fifth FM station of Music Broadcast Pvt Ltd (MBPL), Radio City’s promoter, in India.