Date-wise News

Mallya to start budget airline

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A new low-cost carrier is being readied by liquor baron Vijay Mallya. Christened Kingfisher Air by the UB Group chairman, who will be filing for scheduled carrier status next week with the director general of civil aviation, the no frills airline will fly on all national routes.

e4m Desk Jun 26, 2004 5:02 PM

Microwave ovens likely to clock 25 pc growth in sales

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The surprise winner in the durables market last year, the microwave ovens (MWO) category, is looking at a 25 per cent increase in sales this year. The category, which is still at a nascent stage, saw a growth of 26.5 per cent in the financial year 2003 at an estimated size of 2,15,000 units over 2002, with the Korean companies LG and Samsung cornering a major chunk of the market.

e4m Desk Jun 26, 2004 9:24 AM

Mallya to start budget airline

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A new low-cost carrier is being readied by liquor baron Vijay Mallya. Christened Kingfisher Air by the UB Group chairman, who will be filing for scheduled carrier status next week with the director general of civil aviation, the no frills airline will fly on all national routes.

e4m Desk Jun 26, 2004 9:19 AM

Soap ad opera takes a wrong turn

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Hit by a severe downtrading, fast-moving consumer goods (FMCG) companies have pared their adspends by 10-15 per cent in the past year. As FMCG adspends account for a third, or Rs 3,000 crore, of the Rs 9,000 crore Indian advertising market, the cuts could add up to Rs 300-450 crore.

e4m Desk Jun 26, 2004 9:13 AM