Business Daily from THE HINDU group of publications
Tuesday, March 11, 2008
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MARKETING

STRATEGY
Singapore Tourism eyes Indian firms to grow its MICE segment
Mumbai, March 10 The Singapore Tourism Board (STB) is all set to lure Indian corporates and grow its MICE (Meetings, Incentives, Conferences & Exhibitions) segment. New attractions such as the world’s largest observation wheel ... More

ITC mulls retail entry in urban, semi-urban markets
At the mass-end, stocking products of other companies More

Plans on to market jute insoles
More

Taj-GVK’s Chennai facility in May
Taj-GVK Hotels and Resorts Ltd, a Tata-GVK joint venture, would open a star hotel in Chennai, fifth for the Group, in May. The Rs 150-crore facility, with room strength of 200, would offer a unique food and beverages menu. “This is going to ... More

Eros ties up with Wal-Mart
New Delhi, March 10 Bollywood movies will now be available to Canadians on Wal-Mart’s shelves. Eros international has tied up with the retail giant in Canada to sell its Bollywood DVDs. The DVDs will initially be available in 27 ... More

Progress Software plans to raise marketing budget for India
Bangalore, March 10 Progress Software Corp, an infrastructure software products and integration solutions provider, said emerging economies such as India and China would have the highest growth rates for the company, and plans to significantly ... More

MERGERS & ACQUISITIONS
Gitanjali buys Renaissance Retail, Trinity Watch
Mumbai, March 10 Gitanjali Lifestyle, a subsidiary of Rs 3,500-crore Gitanjali Group, has acquired Renaissance Retail Venture and its jewellery brand Lucera for Rs 25 crore. The company has also bought Trinity Watch Co Pvt Ltd for an ... More

CHANNELS AND FRANCHISES
Cobra ties up with Mohan Rocky
Cobra Beer has announced its collaboration with Maharashtra-based brewery Mohan Rocky Springwater Breweries Ltd. Under the agreement, Mohan Rocky will brew Cobra under licence at its facility in Khopoli, Raigadh District, for distribution in ... More

MetLife targets farmers through retail chain VISWAS
Hyderabad, March 10 MetLife India Insurance Company Ltd has tied up with VISWAS, a rural agri-products retail chain for farmers, for distributing its insurance products.As a pilot project, 50 retail outlets of VISWAS would be selling ... More

India Post, ING Vysya Life tie up
More

RETAILING
Reliance plans flexi finance service at retail outlets
Hyderabad, March 10 After rolling out 11 formats ranging from footwear to jewels, Reliance Retail now plans to offer flexible financing options for its customers.The retail arm of corporate major Reliance Industries plans to launch MFT ... More

OUTLOOK
HarperCollins to launch Hindi imprint in May
Also plans to extend Collins reach with locally published titles More

TRENDS
Sales of cars rise 7.83% in Feb, 2-wheelers’ dip 14%
‘Budget expectations impact sales’ More

NEW PRODUCTS & SERVICES
TVS Flame launched with modified engine
Hopes to fetch Rs 700-cr sales in 2008-09 More

New HP notebooks
More

MobME unveils Web-based alerts tool
Thiruvananthapuram, March 10 MobME Wireless Pvt Ltd, a Kerala-based mobile media and entertainment start-up, has announced the formal launch of FastAlerts.in, a Web-based alerts tool for small and medium enterprises. FastAlerts.in is an ... More






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