Date-wise News

Consumers move up the value chain

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The urban consumer, it seems, is moving up the value chain at a rapid pace as far as consumer durables are concerned. There is a preference shift in most categories, be it colour televisions, refrigerators, air conditioners or washing machines, towards upper-end products, often even for first-time purchases.

e4m Desk Sep 13, 2004 8:16 AM

Indian motorbike market riding on fifth gear

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The motorcycle market in the last few months has seen almost half a dozen new models being introduced, every motorcycle manufacturer wanting to grab a bigger share of the pie. Who roars away with how much will depend on how smartly they can read the market, work and rework their strategies, and how quickly they can introduce a new model or upgrade a bestseller.

e4m Desk Sep 13, 2004 8:07 AM

WPP acquires Grey Global in $ 1-bn-plus deal

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The much-talked-about deal finally landed on Sunday morning with the UK-headquartered global advertising major WPP acquiring its US rival Grey Global. According to agency reports, WPP clinched the estimated $ 1.34-billion cash-and-stock deal beating the French contender Havas and the US-based private equity firm Hellman and Friedman.

e4m Desk Sep 13, 2004 8:04 AM