The Bates Asia Group is in the process of creating an alliance with marketing services company Sercon. With this move, 141 Worldwide and Sercon have consolidated their business to form 141 Sercon. The new entity would focus on addressing clients’ needs in the area of below the line.
Publicis Groupe, the fourth-largest agency holding company, will acquire Digitas for $1.3 billion, Publicis. Paris-based Publicis will pay Digitas shareholders $13.50 for each share. Both boards have unanimously approved the offer.
Godrej Appliances, a division of Godrej & Boyce Manufacturing Co Ltd, is aiming for a larger share of the microwave market, the fastest growing among durables owing to a low base, with the launch of a new product, a steam microwave.
Time Broadband on Wednesday launched its Internet Protocol Television (IPTV) service, My Time, which will service customers of multiple telecom operators offering broadband services on both TV and PC.
Adille J Sumariwalla, Chairman & MD, Clear Channel Communications India, emphasizes that the building of world-class OOH formats must go hand-in-hand with the cityscape and must form part of the city. But that requires huge investments, which Clear Channel is willing to do.
The concluding day of the TiE Entrepreneurial Summit 2006 on Wednesday saw some of the most successful entrepreneurs of India came together on a common platform to share strategies for building a vibrant India. Infosys’ Narayana Murthy, Chairman was awarded the lifetime TiE Entrepreneurship Award for his contribution to the Indian economy.
Rajshri Media Pvt Ltd, the digital entertainment and new media arm of the 60-year old Rajshri group, is all set to premiere B R Chopra’s TV Epic ‘Mahabharata’ on its website. This is its major Internet launch after the Internet premier of its latest movie ‘Vivah’. Rajshri Films has also tied up with Reliance Communications to recreate the magic of Mahabharata on its application suite, Reliance Mobile World.
Sanjeev Hajela has taken over as the President of PrimeSite, Mudra’s OOH unit. The man previously on the job was Indrajit Sen, who moved to Jagran Engage in February 2006. Hajela has been promoted from his current position as Vice-President of PrimeSite.
Shashi Sinha has been appointed the CEO of Prime Time Kagiso, a 50:50 joint venture between Prime Time International Services, India and Kagiso Media, a South African radio company.
Neo Sports Broadcast Pvt Ltd will be airing the live telecast of the finals of the Women’s Asia Cup to be played between India and Sri Lanka at the Sawai Mansingh Stadium, Jaipur.
Time Broadband Services Pvt Ltd rolled out its Internet Protocol Television (IPTV) services ‘My Time’ in the Capital on Wednesday. While the morning was devoted to the launch of the service, the afternoon session witnessed a round table conference organised by the IPTV India Forum.
Harsh Bahadur, former India country manager of German company Metro Cash & Carry, is joining Reliance Retail as president and chief executive of the company's cash and carry vertical.
Pink daily Business Standard, which has so far been available six days of the week, has launched its Sunday edition as well. The edition priced at Re 1 is being circulated in Delhi, Mumbai and Kolkata, while for Mumbai city it has been priced at Rs 1.50.
Abhijit Pradhan, National Response Head-Magazines, Bennett Coleman and Company Ltd, has put in his papers. He has been with the group for the last two years. Details about his next destination were not known, and Pradhan said that he would decide on it only by February next year.
Rival FMCG companies are busy acquiring rival brands and businesses, some of them beyond Indian shores, in a bid for growth. But market leader Hindustan Lever Ltd (HLL) is convinced that a significant opportunity for consolidation and long-term growth lies within its existing portfolio of brands.
The year 2006 has seen several international heads of agencies visiting India and sharing their vision for the country. The latest in this long line of visitors is Robert Lerwill, CEO, Aegis Plc, who shared his views about the growing market and opportunities in India in an event organised by the Aegis Group on December 20, 2006.
<p align=justify>The challenge facing the tea industry is how do we make tea a relevant beverage for the rapidly going-out-of-home segment. Tea as a beverage continues to dominate the in-home consumption, with a penetration of nearly 90 per cent. However, due to lifestyle changes more and more people are spending time out of home and tea is not exactly seen as a beverage on the move. This is the main area that we want to address by developing both superior formats and value.