Union Budget 2016: Advertising Honchos share their expectations

The media and advertising industry is looking forward to some key announcements, especially about the rollout of GST, as part of the tax reforms from the Union Budget 2016.We spoke to some advertising and media agency leaders to understand their expectations from the Union Budget 2016 and here is what they had to say:

e4m by Sarmistha Neogy
Published: Feb 29, 2016 8:39 AM  | 4 min read
Union Budget 2016: Advertising Honchos share their expectations

The media and advertising industry is looking forward to some key announcements, especially about the rollout of GST, as part of the tax reforms from the Union Budget 2016.

We spoke to some advertising and media  agency leaders  to understand their expectations from the Union Budget 2016 and here is what they had to say:

Shashi Sinha, CEO, IPG Mediabrands:

I hope the Budget has something for the SME- which is the flavour of the season. The growth of India will come from there, so let’s see what they do. How they build ‘Start-up India’ is not only for start-ups, but also for regular small scale entrepreneurs.

Vikram Sakhuja, Group CEO Madison Media & OOH, Madison World:

I hope they can balance the books; my biggest worry has always been the fiscal deficit because that causes inflation. Therefore, I wish they can come up with something where the fiscal deficit is managed. I will love it if the Budget allows more investments, makes it an easier place to work and actually a whole lot of things which were being talked about in the past, they just need to start operationalizing those.  If GST becomes a reality, it will be absolutely brilliant. I hope the Finance Minister is able to give a credible case of the deficit not being too high. Given the way, all prices are right now, he has a chance of doing this and I hope he does.

Sunil Lulla, Chairman & Managing Director, Grey Group India:

If at all it’s possible, less the intervention to business the better. Give a big thrust to education, development and infrastructure. It will boost the economy and the M&E industry.

Dhunji Wadia, President, Rediffusion Y&R:

There is a perceptible change in the functioning of the Government and a genuine effort to take India forward. One hopes that GST sees the light – this itself will simplify life from the various current measures that are in place like Service Tax, VAT and Swachh Bharat Tax. What’s more, a well-established GST system would be capable of helping the GDP grow by a couple of percentage points.

KV Sridhar, Chief Creative Officer, Sapient Nitro:

Last year, with the government easing the FDI norms, it has become easier to do business. The market has become a lot mature, and there is a lot of opening up in different sectors, including retail. The local kiranas have realised that they can even generate business despite the presence of Reliance and Walmart. No one is a threat to anyone; there is room for everyone to co-exist!

Budget is only an indication; it is heartening to see what is happening in the country. I am hoping a lot of policies will be scrapped and there might be some changes in the corporate taxing which will simplify things. There will be some ‘popularist’ announcements related to Swachh Bharat or the Vikas Yojana initiatives.

Suresh Eriyat, Founder and Creative Director, Eeksaurus:

I hope the country becomes clean for the Swachh Bharat cess which we are paying. Towards the end of last year we saw that the corporate sector was little afraid of getting into businesses. They have not been in a spending mode because of the changing environment. There is a lot of scepticism among big companies as a result of which they are re-using their resources and are wary of experimenting, which doesn’t suit a creative environment.

I hope the mood changes and the economy stabilises. Also the music industry is on a down swing, there needs to be something to encourage original music. After all it will even help advertising and film making.

Naresh Gupta, CSO, Managing Partner, Bang in the Middle:

As a communication industry we are completely dependent on how the primary industry in India works. Last year has been tough; business is slowing down, and coming months look tougher. It would be good if the budget frees up liquidity for the companies, make it easier to raise money from market, from bank and rationalise service tax, this will go a long way in building confidence.

Saurabh Dasgupta, ECD, Innocean Worldwide:

The advertising industry is completely dependent on other industries. Currently spends have come down and there is an overall atmosphere of procrastination. I personally expect the budget to brighten things up, bring in more investments, and make our clients more optimistic so that they are willing to take more creative risks.

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E4M Our strategy is to target younger audiences through Sports: Rajiv Dubey, Dabur

The Head of Media at Dabur India spoke exclusively to exchange4media on the World Cup, associating with Indian Idol, the company’s digital spending and much more

e4m by e4m Staff
Published: Oct 27, 2023 6:15 PM  | 1 min read
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With quirky campaigns, memes and moment marketing, timed with the ongoing World Cup and particularly the India-Pakistan matches, Dabur India has got considerable consumer attention for its popular brands – Red Paste, Cool King Hair Oil, Chyawanprash, Dabur Vita and the recently launched Bae Fresh Gel toothpaste.

The 140-year-old company is going big on key sporting events, World Television Premiere (WTP) movies and reality shows. It is now gearing up to become the title sponsor of popular talent show ‘Indian Idol’ on Sony TV for the first time, shared Rajiv Dubey, who leads the media strategy at Dabur.

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Swapan Seth's new book 'COOL' is out

The book is a reflection of the author's 'eclectic taste across categories'

e4m by e4m Staff
Published: Oct 27, 2023 6:07 PM  | 1 min read
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Advertising professional and art collector Swapan Seth has announced the launch of his new book COOL. The book is described as "a ready reckoner to the hip and the happening, of the known and the very unknown."

The book is a reflection of the author's "eclectic taste across categories: from boltholes to exotic hideaways."

COOL has been published by Simon & Schuster India and is available on Amazon.

Seth is an ad veteran with a long and illustrious career in the industry. He became the youngest-ever Creative Director at Clarion at age 24. He was VP at 26 at Trikaya Grey. Two years later, he started his agency Equus.

He writes for publications such as The Economic Times, Hindustan Times and India Today. This is his second book and he has previously published THIS IS ALL I HAVE TO SAY.

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Disney Star signs 9 sponsors for Asia Cup PAK

Charged by Thums Up, Nerolac Paint+, Amazon Pay, Jindal Panther, My11Circle, MRF, Samsung Galaxy Z Flip5, Wild Stone and Thums Up come on board

e4m by exchange4media Staff
Published: Aug 26, 2023 11:48 AM  | 1 min read
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e4m Staff Disney Star has signed nine broadcast and digital streaming sponsors for the upcoming Asia Cup.

Charged by Thums Up, Nerolac Paint+, Amazon Pay, Jindal Panther, My11Circle, MRF, Samsung Galaxy Z Flip5, Wild Stone and Thums Up have come on board for the upcoming tournament.
As reported earlier by exchange4media, Disney Star has sought Rs 26 crore for the co-presenting sponsorship on TV and Rs 30 crore for Disney+ Hotstar.

According to industry sources, the associate sponsorship on Star Sports has been priced at Rs 19.66 crore, whereas for the ‘powered by’ sponsorship on Disney+ Hotstar, the broadcaster is seeking Rs 18 crore.

As per the information available with exchange4media, Disney+ Hotstar has three sponsorship tiers-- co-presenting (Rs 30 crore), powered by (Rs 18 crore) and associate sponsorship (Rs 12 crore). The broadcaster is offering an estimated reach of 120-140 million for co-presenting sponsors, 90-100 million for powered by and 60-70 million for associate sponsorship.

A spot buy for 10 seconds has been priced at Rs 25 lakh for the India vs Pakistan matches, while for the non-India matches, the ad rate for 10 second is Rs 2.3 lakh. The India matches plus the final for ODIs has been priced at Rs 17 lakh per 10 seconds.

Asia Cup is scheduled to be held from 30 August, 2023, to September 17, 2023.

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Sorted 360 wins creative & social media mandate of Reliance Mall

The agency will manage offline and online campaigns for Reliance Mall

e4m by exchange4media Staff
Published: Aug 26, 2023 10:54 AM  | 1 min read
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Sorted 360, an integrated creative and social media agency, has won the mandate to providing brand solutions for Reliance Malls across India.

“Sorted 360 is set to enhance Reliance Malls' market presence with their unparalleled creative prowess and strategic thinking,” read a press release.

“Sorted 360's commitment to pushing the boundaries of creative communication aligns perfectly with Reliance Malls' ethos. With a pan-India presence spanning across 19 cities and growing, Reliance Malls has consistently captivated customers by offering an array of Reliance brands and third-party fashion & lifestyle brands. The mall has established an unparalleled connection with its patrons through superior quality, a remarkable value proposition, and an unmatched shopping experience,” it read further.

"We are thrilled to welcome Sorted 360 as our trusted partner in advancing our brand presence across the nation," said the Head of Marketing at Relaice Malls. "Their proven expertise in retail, shopping center management, and innovative creative strategies make them the perfect fit for our vision."

"Partnering with Reliance Malls is a testament to our commitment to shaping extraordinary brand experiences," remarked Prerana Anatharam, Co-founder of Sorted 360. "We are excited to leverage our strategic and creative acumen to further elevate Reliance Malls as the epitome of convenience, choice, and excellence."

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KlugKlug onboards Hemang Mehta as Country Manager for Indias

Mehta was most recently Head of Agency Relationships at Network 18 Media & Investments

e4m by exchange4media Staff
Published: Aug 24, 2023 3:35 PM  | 1 min read
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KlugKlug has appointed Hemang Mehta as its Country Manager for India.

Mehta will play a pivotal role in driving KlugKlug's growth and expansion within the Indian market and be responsible for Sales & GTM Strategy

Prior to that, he has also represented organisations like Exponential (now VDX.tv), India Today Digital and Rediff.com. His expertise spans various domains including digital media sales, mobile marketing, media planning, and buying, social media marketing, and more.

Hemang Mehta expressed his enthusiasm about joining KlugKlug, saying, "I am thrilled to be a part of KlugKlug, a forward-thinking platform that is reshaping the influencer marketing landscape. As much as I look forward to collaborating with the exuberant team at KlugKlug, I am super excited to interact with the brands to deliver powerful data-backed Influencer solutions that will guarantee business outcomes."

Commenting on the appointment, Kalyan Kumar, Co-Founder and CEO of KlugKlug, stated, "We are excited to welcome Hemang Mehta to our team as the Country Manager for India. His extensive experience in digital media sales and marketing will be instrumental in driving our efforts to provide influencer marketing solutions to our clients. We believe Hemang's leadership will be key in scaling our operations and expanding our reach within the Indian market."

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