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Tuesday, September 09, 2008
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PROMOTIONS & OFFERS: Car makers offer discounts to woo buyers
New Delhi, Sept. 8 After a sharp drop in domestic car sales growth rate, car makers such as Hyundai and Maruti have begun to offer discounts to revitalise sales to attract consumers who are shelving their purchasing plans due to high inflation ...

FOREIGN INSTITUTIONAL INVESTORS: Subhiksha to raise $80-100 m FII funds
Chennai, Sept. 8 Close on the heels of the news of Wipro’s Azim Premji taking a 10 per cent stake in discount retail chain Subhiksha, the company now plans to raise $80-100 million by an investment from large foreign institutional ...

RETAILING: Videocon’s Next Retail mulls smaller format stores
To stock select categories of consumer durables. Mumbai, Sept. 8 Videocon Industries-promoted Next Retail is toying with the idea of setting up smaller format stores under two brands — Next Express and Next Digital. ...

ONLINE MARKETING: Art brushes against big bucks at online auction
Mumbai, Sept. 8 When art has a brush with the Internet, it could mean big bucks for the ...

NEW PRODUCTS & SERVICES: KSIC opens second showroom
The Ernakulam District Collector, Dr M. Beena, has opened the showroom of Karnataka Silk Industries Corporation Ltd (KSIC), a fully owned Government of Karnataka undertaking at ‘My Kingdom’, here at M.G. Road. She also inaugurated the ...

STANDARDS & BENCHMARKS: Certification for Adlabs
Adlabs, part of Mr Anil Ambani—controlled ADAG, has become the first motion picture services facility in the country to be awarded certification by the UK’s industry body Federation Against Copyright Theft. A large number of film ...

PROMOTIONS & OFFERS: Oman Air to celebrate Onam
Oman Air, the first foreign airline to commence operations from the Cochin International Airport, has completed seven years of its operations. To celebrate Onam in the skies, the national carrier of Oman has announced the introduction of Onam ...

NEW PRODUCTS & SERVICES: Sabols expanding products range
Packaged drinking water major Sabols has launched its range of products such as drinking water, club soda and mango magic in Nellore. The company plans to introduce Sprint (a carbonated drink), flavoured fruit drink in cartons , flavoured ...

NEW PRODUCTS & SERVICES: PaGo Lifestyle showroom in Madurai


BRANDS: Max New York Life recasts brand campaign
Chennai, Sept. 8 With 22 players in the market and counting, insurance companies have to distinguish themselves from their competition. ...

CHANNELS AND FRANCHISES: Yamaha plans to expand capacity to 8 lakh units
Mumbai, Sept. 8 Two-wheeler manufacturer Yamaha Motor India will double production capacity to 8 lakh units in two years, said Mr Tsutomu Mabuchi, Managing Director & CEO. ...

ADVERTISING: Advertising Club Madras Tamizh Awards on Oct 1
Chennai, Sept. 8 The flagship event of the Advertising Club Madras will be held at the Sri MV Subba Rao Concert Hall on October ...

STRATEGY: Berggruen Hotels ties up with Morocco’s Filacom for global foray
Thiruvananthapuram, Sept. 8 Berggruen Hotels, promoted by the New York-based Berggruen Holdings, has announced its international foray with a joint venture with the Morocco-based Filacom Pvt Ltd. ...

STRATEGY: Asiana Group plans slew of hotels
Chennai, Sept. 8 Chennai-based Asiana Hotels Pvt Ltd has chalked out expansion plans involving an investment of Rs 440 crore. ...

STRATEGY: GM India creates sales company
Pune, Sept. 8 General Motors India (GMI) has realigned its corporate structure and created General Motors (India) Marketing Pvt Ltd to take care of sales, marketing and distribution of its products. All manufacturing activities will remain ...

From Brand Line

CONSUMER ELECTRONICS: Will it be festive?
As the traditional season for major buys approaches, durables majors are trying to keep their chins up in the face of a slowdown.. Come September, it’s festive season again. As consumers plan their shopping, durables majors are working ...

STRATEGY: Scattershot strategy
Attempting to expand rapidly can be an indiscriminate move for a company to make, as it can tell on long-term prospects.. I’ve been a fan of Fabindia for many years now — for their furnishing fabric, their clothes — and the ...

RURAL MARKETING: How rural retail stacks up
A new study quantifies all things rural: from how many rural retail outlets there are to how rural folk shop.. Any marketer worth his salt knows that in the wild blue yonder of rural India lies a huge market for many products and brands. He will ...

INTERVIEW: Banking on brand Estée
Estee Lauder believes the Indian market is ready for what it offers.. Renowned cosmetics brand Estée Lauder has opened its second store in India, a boutique in Bangalore’s premier luxury mall, The Collection at UB City. ...

ADVERTISING: A story to tell; a cast to die for
Airtel continues to romance the audience conveying different messages tied by one thread — breaking barriers.. A recent headline read: ‘Ad keeps Madhavan busy’. The actor and his co-star from the commercial, Vidya Balan, are ...

BRANDS: A ‘brand’ new world
Companies draw inspiration from dramatically different categories to coin brand names.. Have you noticed how many modern brand names don’t really belong to their product categories any more? Mango is not merely a juicy fruit; it is an ...

ADVERTISING: K. Kurien. R.I.P.
K. Kurien is no more. Yet another giant has fallen. And the advertising industry is so much the poorer for it. K. Kurien, we gather from a wide spectrum of industry regulars, was a unique person. Very unlike an “advertising person” ...

BOOKS: Consider entering a market nearby
The best opportunities are often close to home, says Peter Fisk in Business Genius( www.wileyeurope.com). “When looking to grow, adjacent markets can offer the easiest, ...

NEW PRODUCTS & SERVICES: Silver wash
Samsung India announced the launch of its new range of fully automatic washing machines. The new range comprises 17 new models in capacities ranging between 6.2 kg and 7.2 kg. The range is equipped with features such as SilverNano and Diamond ...

NEW PRODUCTS & SERVICES: Toys for all
Cartoon Network & Pogo products have launched new toys for children — from ‘The Powerpuff Girls’ range to ‘Ben 10’ products, from M.A.D. pottery set to Origami books. The Powerpuff Girls range, which includes ...

NEW PRODUCTS & SERVICES: Tiled naturally
Nitco Tiles has launched its ‘Lapato series’, which is created by a technique with special polishing abrasive that claims not only to give the surface an elegant polish, but also display the nature of the stone. The collection is ...

NEW PRODUCTS & SERVICES: Home décor
Evok, the flagship store of Hindware Home Retail Ltd, has launched its new set of home furniture. The selection comprises Waterfall, Corwin, Franklin, Sapphire, Emma, Roland and Kids bed collection for home décor. These concepts are ...

NEW PRODUCTS & SERVICES: Lip up
Beauty International has launched the international cosmetic brand ‘NYX Lip Professional Collection’ in India. The collection includes different ranges of lipsticks, glosses and other lip treatments. Available at all beauty centres, ...






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Markets (Sep 08)
Nifty (at 03.30 p.m)4478.35 (+126.05)
US Dollar (Buy/Sell)44.35/36
Brent crude (a bbl) Rs4,561
Gold (a gram) Rs1,093
Silver (a kg) Rs19,480

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