If you thought Open Water was scary, wait until you read the next sentence. Communications spending by end-users surpassed ad spending for the first time, according to Veronis Suhler Stevenson's Communications Industry Forecast.
Electrolux Kelvinator Ltd, is ready to storm the market with India’s first split air conditioner (AC) priced below Rs 10,000. The ACs will be brought in from its factories in China.
As Rakhi would bind brothers and sisters across the world, express and logistics companies are coming up with special packages this season to rope in customers. If DHL has planned Rakhi Express, Blue Dart is also not lagging behind.
Revival of monsoon has brought cheer back to consumer durable stocks. Stocks like Titan Industries, Videocon, Blue Star, BPL and Samtel Color have shot up 18-58 per cent in the past two months after remaining flat in June.
Chinese consumer durable giant Haier has entered into a contract manufacturing agreement with Tata Group owned Voltas Ltd for air-conditioners and refrigerators. This follows the company’s termination of contract manufacturing of refrigerators for LG and Samsung from its Hyderabad unit.
Hitachi Home & Life Solutions (India) Ltd (HHLI), a subsidiary of HHL Inc of Japan, is considering launching refrigerators in the country. Initially, HHLI plans to import the refrigerators made by the parent company.
The state-owned telecom company, Bharat Sanchar Nigam Ltd (BSNL), and private player Hutch today announced lower tariffs for post-paid users. A BSNL pre-paid mobile subscriber can now make a local call to any cellular network at 90 paisa per minute.
Distribution hurdles have forced ITC Foods to withdraw its snack food brand, Bischips, from the market. According company sources the Bischips snack brand was never advertised and had to be withdrawn from the market. However, the company plans to re- launch the snack brand in future.
After deep slumber, kitchen appliance company, TTK Prestige, has woken up to the possibilities of grabbing business and hitting on the growth track by winning back the woman’s heart. Steaming ahead is the company with new initiatives — smart pressure cookers to stylish Italians modular kitchens under the Prestige brand.
Touchtel Telecom and Internet Services – a Bharti Telenet’s fixed line service, is planning to spread further in the NCR. After Gurgaon, Faridabad and Gaziabad, now the company is expanding its reach to Noida, confirmed CEO (North) Rajiv Kohli.
After a fiercely contested pitch that involved 27 agencies, the Karnataka Tourism advertising account has finally gone to Triton Communications. The account that was earlier with Stark has moved to Triton after a pitch that was held in March earlier this year.
Perceiving the need for a communication vehicle to reflect the bustling real estate industry of India, exchange4media group launches Realty Plus. Chief Minister Sheila Dixit formally launched the monthly in Delhi on Friday.
Communications consultants Hanmer & Partners are thrilled by their new acquisition of Doc Asia - a healthcare interactive communication firm at an undisclosed price. With this acquisition, Hanmer & Partners will add two new divisions to its current service offerings, called Hanmer Healthcare and Hanmer Interactive.
"Considering that the pizza is a food foreign to the Indian palate, Pizza Hut tried to develop a bond with the Indian consumer. What has worked for Pizza Hut is the strategy to ‘think global and act local’. It is an international brand with an Indian heart, in terms product, quality of service as well as pricing."<br>