MARKETING
STRATEGY
Public sector competition coming for low-cost airlines
Govt plans arm after Air India-Indian merger
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Hutch billing in local language
Hutch on Thursday announced the introduction of its billing in Kannada and eight other languages. Apart from Kannada, subscribers could see their bills in their local languages of Tamil, Hindi, Punjabi, Marathi, Telugu, Bangla, ...
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Nirula's plans Rs 100-cr expansion
Nirula's, the Delhi-based quick service restaurant chain, on Thursday said that it had embarked on a Rs 100-crore pan-India expansion plan under the new ownership of the Malaysian equity firm Navis Capital Partners and promoter Mr Samir ...
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BUDGET
Service tax on lease, rentals to hit retailers
Shop-in-shop may be a more viable option
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PROMOTIONS & OFFERS
Malaysia shopping coupons
The Minister of Tourism for Malaysia, Mr Datuk Seri Tengku Adnan Tengku Mansor, unveiled Malaysia's "VMY Passport" programme on Thursday. The "VMY (Visit Malaysia Year) Passport" is a collection of discount coupons for shopping, dining, ...
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RETAILING
Reliance to move on to supermarkets
Reliance Industries, which forayed into the retail business in November last by launching Fresh outlets, will now move on to yet another format — supermarkets, where it plans to sell consumer durables and apparels. Interestingly, the ...
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Shell opens outlet in Pune
Shell India Marketing Pvt Ltd (SIMPL) has announced the opening of a retail fuel station (petrol pump) on Mulshi road in Pune. This is the company's 32nd outlet in India and its first in Maharashtra. The company is also in the process of ...
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BRANDS
Himatsingka buys 70% stake in Italian co
Himatsingka Seide has completed the acquisition of a 70 per cent equity stake in Giuseppe Bellora SpA, Italy. This is consequent to the signing of definitive agreements in January. Mr Giuseppe Bellora will continue as the Managing Director and ...
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Hike in excise duty on cigarettes may lead to shifting of brands
While the tobacco companies were not willing to comment offhand on the Budget proposal to raise specific rates of excise duty on cigarettes by about 5 per cent, industry watchers in the know told Business Line that it may not have too high ...
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PEOPLE
Renuka Jaypal to head Ogilvy Indonesia
Ms Renuka Jaypal, President, OgilvyOne India, has been appointed as Chairman of Ogilvy Indonesia. This move comes into effect from mid-June this year. Ms Jaypal has worked on the Parle, Asahi and Hutch accounts, a press release said. ...
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TRENDS
Oil marketing firms losing Rs 100 cr a day
Oil marketing companies are losing about Rs 100 crore a day on sale of petrol, diesel, LPG and kerosene through the public distribution system (PDS). This continues even after the Finance Minister, Mr P Chidambaram, cut excise duty on auto fuels ...
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Tata Motor's UV range posts highest sales in February
The company reports total sale of 53,707 vehicles (including exports) for February 2007
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Car sales on a high in February
Passenger car sales were on a roll in February with most carmakers recording double digit increase in sales. Maruti Udyog said on Thursday it sold 62,999 vehicles in February, up 53 per cent from 41,095 units a year earlier. The company said it ...
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Hero Honda sales up 11.8% in Feb
Hero Honda today reported an 11.89 per cent increase in total sales during February at 2,80,515 units. The company had sold 2,50,695 units during the same month a year ago. Hero Honda had reported a 19.28 per cent jump in sales ...
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M&M Feb sales up 19.2%
For February, Mahindra & Mahindra's (M&M) auto sector has posted domestic and export sales of 13,746 vehicles (11,536 units), registering a growth of 19.2 per cent over February 2006. Domestic sales for February were up 17.6
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NEW PRODUCTS & SERVICES
Tata Tele launches single chip handset
CDMA players have beaten their GSM competition in the race for the single chip handset in India. Telecom chipmaker Qualcomm and CDMA operator Tata Teleservices launched the Motofone F3c, which runs on a QSC 6010 chip. The handset is priced at ...
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