Date-wise News

Aurobindo Mohanty

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Former Mudra hand Aurobindo Mohanty has joined Rasna as VP-Marketing. After eight years with Mudra, Ahmedabad, handling Rasna among other brands, he became head of Mudra’s Chennai branch from 2000-02

e4m Desk Jun 18, 2005 3:01 PM

Videocon to buy Thomson for $1 bn

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Videocon group, the country's largest television-maker, is close to clinching a deal to acquire three divisions of the Thomson group, the 7,994 million euro French media and entertainment giant, for a consideration of over $1 billion. As part of the deal, Videocon is eyeing Thomson's television picture tubes factories in Europe.

e4m Desk Jun 18, 2005 9:09 AM

Growth pockets bring good news for consumer durables

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The consumer durable industry has developed clear pockets of growth in various product categories. While the growth theme runs through the top-end of all products, including high volume items like colour televisions (CTVs), refrigerators, washing machines and airconditioners, there are pockets even in the low-end or entry level segments that are defying the technological obsolescence factor.

e4m Desk Jun 18, 2005 9:08 AM

MRUC elaborates the usefulness of consumer segmentation model HPI

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This paper by MRUC presents a case for Household Potential Index (HPI), which takes a leap from the current system of consumer classification - the SEC. The paper argues that Socio Economic Classification (SEC) is often said to be lacking in discriminating the truly potential households and audience. Also, the draw back of using Monthly Household Income (MHI) lies in the difficulty of capturing the correct data, as the respondents are hesitant to disclose the correct MHI. The various assumed variables as a topping to SEC (like durable ownership, frequency of travel by air, intensity of consuming various products and services, recency of purchase etc.) comes with the negative aspect of “judgment” of the individuals concerned. HPI, says MRUC and Hansa Research Group, is a better 'scientific method' to segregate and target the “consuming” class.

e4m Desk Jun 18, 2005 9:07 AM

Govt plans to restrict cross-holding in media

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The information and broadcasting ministry is considering cross-holding equity restrictions in the media. This means, a newspaper company will not be allowed to hold the entire equity in a television or a radio broadcasting company and vice versa. Also, a television broadcaster will not be able to own the whole of a cable distribution company.

e4m Desk Jun 18, 2005 9:05 AM